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MrWhiteBites
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October 05, 2015, 01:16:20 PM |
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Whats up Y'all.
I have some large MEthereum PRofits BUrning a whole in my POcket.
Would like someone here to tell me what makes this COin stand out from the rest.
MAke me understand why this coin will BReak BAd.
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If you don't know who I am, then maybe your best course would be to tread lightly
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MrWhiteBites
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October 06, 2015, 03:56:48 PM |
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This is a dead coin/forum?
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If you don't know who I am, then maybe your best course would be to tread lightly
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sidhujag
Legendary
 Offline
Activity: 2044
Merit: 1005
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October 06, 2015, 06:06:49 PM |
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This is a dead coin/forum?
join the bts forum |
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favdesu
Legendary
Offline
Activity: 1764
Merit: 1000
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October 06, 2015, 07:12:26 PM |
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Abiky
Legendary
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Activity: 3374
Merit: 1405
www.Crypto.Games: Multiple coins, multiple games
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October 06, 2015, 07:29:42 PM |
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I can't wait for the official release of BitShares 2.0. It's so exciting. If it manages to accomplish its promised TPS, then we're good. That would be a fair advantage against VISA, with the hopes of making crypto currencies mainstream in the next coming years. I can't imagine when BTS price would go up in the next months or year, so I think now is the perfect time to buy more, or else you'll regret it.  |
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chryspano
Legendary
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Activity: 910
Merit: 1000
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October 06, 2015, 11:56:24 PM |
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Yes, thats right, in less than a week BitShares will have 100 tps and 3 sec blocks! Improvement in the code will finally allow 1 sec blocks and 100.000 tps. I can understand your "fear" and your "anxiety" EvilDave, 1 minute blocks and 3 tps ? ? ? pfff... is this 2013? or we are heading to 2016?   Image source... https://bitcointalk.org/index.php?topic=1153740.0 |
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Crestington
Legendary
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Activity: 882
Merit: 1024
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October 07, 2015, 09:51:09 AM |
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Yes, thats right, in less than a week BitShares will have 100 tps and 3 sec blocks! Improvement in the code will finally allow 1 sec blocks and 100.000 tps. I can understand your "fear" and your "anxiety" EvilDave, 1 minute blocks and 3 tps ? ? ? pfff... is this 2013? or we are heading to 2016? Image source... https://bitcointalk.org/index.php?topic=1153740.0Actually it will be 1000 TPS |
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favdesu
Legendary
Offline
Activity: 1764
Merit: 1000
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October 07, 2015, 10:11:20 AM |
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Yes, thats right, in less than a week BitShares will have 100 tps and 3 sec blocks! Improvement in the code will finally allow 1 sec blocks and 100.000 tps. I can understand your "fear" and your "anxiety" EvilDave, 1 minute blocks and 3 tps ? ? ? pfff... is this 2013? or we are heading to 2016? Image source... https://bitcointalk.org/index.php?topic=1153740.0Actually it will be 1000 TPS that's an old comparison. Start: Blocks: 3 seconds TPScap: 100 TXfee: 20 BTS for Basic Accounts |
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EvilDave
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October 07, 2015, 12:24:45 PM |
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Sorry, kids...it's going to be 100 TPS (maybe) at launch, not the 100,000 TPS that BTS have been hyping for the last couple of months. Classic bait and switch..... |
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favdesu
Legendary
Offline
Activity: 1764
Merit: 1000
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October 07, 2015, 12:50:27 PM |
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This user is currently ignored.
time to move to your next troll :-)  |
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EvilDave
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October 07, 2015, 02:12:25 PM |
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Yay! One down, 2 to go. (alright, I'll stop teasing BTS for a few hours.  ) |
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chryspano
Legendary
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Activity: 910
Merit: 1000
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October 07, 2015, 03:03:20 PM |
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Oh... the hypocrisy! His "coin" only supports 3 tps and he is telling us that 100 tps short term and 100.000 long term is not enought! Aren't trolls lovelly?  |
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EvilDave
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October 07, 2015, 05:10:13 PM |
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Well, I managed a couple of hours......  If you are going to call me a hypocrite, lets take a look at the situation. BTS has been claiming,over the last 2-3 months,in innumerable forum posts, press releases, websites, (all of their promotional strategy basically) that Graphene/BTS2.0 would launch on October 13 with 100,000 TPS. The words VISA-level and revolutionary got used a lot. We are now one week from release, after a lot of investment in BTS based on the promise of this 'revolutionary' blockchain technology, and what happens ? Suddenly, BTS discovers that their VISA-level tech does not work as promoted. Not even slightly. In order to offer the best chance of going live without a disaster they have been forced to screw back Graphene to 1/1000th of what was promised. Just to add insult to injury, BTS investors (and the crypto community) are being asked to be excited and happy that BTS 2.0 will lauch with 100TPS because 'that is enough to cover all crypto transactions presently'. Yeah, may well be, but it's not what you promised.Anyone who points out this uncomfortable truth gets portrayed as a troll and a hypocrite........so who are the hypocrites here ? |
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sidhujag
Legendary
Offline
Activity: 2044
Merit: 1005
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October 07, 2015, 05:47:41 PM |
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Well, I managed a couple of hours...... If you are going to call me a hypocrite, lets take a look at the situation. BTS has been claiming,over the last 2-3 months,in innumerable forum posts, press releases, websites, (all of their promotional strategy basically) that Graphene/BTS2.0 would launch on October 13 with 100,000 TPS. The words VISA-level and revolutionary got used a lot. We are now one week from release, after a lot of investment in BTS based on the promise of this 'revolutionary' blockchain technology, and what happens ? Suddenly, BTS discovers that their VISA-level tech does not work as promoted. Not even slightly. In order to offer the best chance of going live without a disaster they have been forced to screw back Graphene to 1/1000th of what was promised. Just to add insult to injury, BTS investors (and the crypto community) are being asked to be excited and happy that BTS 2.0 will lauch with 100TPS because 'that is enough to cover all crypto transactions presently'. Yeah, may well be, but it's not what you promised.Anyone who points out this uncomfortable truth gets portrayed as a troll and a hypocrite........so who are the hypocrites here ? never said it would launch with 100k TPS.. link? Its possible under a LAN environment and tested, yes... under WWW today? no, until WWW scales up it won't happen. Still better than NXT by a mile. |
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sidhujag
Legendary
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Activity: 2044
Merit: 1005
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October 07, 2015, 06:45:07 PM |
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First article is about designing a high-performance blockchain: "Designing a high-performance blockchain isn’t rocket-science, and doesn’t require complex, hard-to-understand protocols, nor does it require dividing processing among all the nodes on the network. Instead, all that is necessary to build a high-performance blockchain is to remove all calculations that are not part of the critical, order-dependent, evaluation from the core business logic, and to design a protocol that facilitates these kinds of optimizations. This is what BitShares has done." There is a bottleneck it talks about: "The real bottleneck is not the memory requirements, but the bandwidth requirements. At 1 million transactions per second and 256 bytes per transaction, the network would require 256 megabytes per second (1 Gbit/sec). This kind of bandwidth is not widely available to the average desktop; however, this level of bandwidth is a fraction of the 100 Gbit/s that Internet 2 furnishes to more than 210 U.S. educational institutions, 70 corporations, and 45 non-profit and government agencies." It is saying at 1M TPS you'd need 1 gbit/sec network bandwidth between witnesses and this is at the level of high-end datacenters today. On the WWW we are much less than that, you have to look at worsed case scenario's and WWW isn't scaled up to 10Mbit/sec required for 100K tps. This is besides the point of the article if you look at what the article is about. Read the headline "Graphene is capable of 100,000 TPS when we pay for the network to go with it". The second article on bitsharestalk.org talks about the bench mark that was completed based on the reddit article above. The benchmark I've proved is based on the network capabilities of the web to scale up (or we pay for it via blockchain, whichever comes first). The third article says: "A single core of a 2.6 Ghz i7 is able to validate 10,000 signatures per second. Today's high-end servers with 36 cores (72 with hyper-threading) could easily validate 100,000 transactions per second. All of these steps have been designed to be embarrassingly parallel and to be independent of Blockchain state." Most of our witnesses on the testnet are not running anything close to that. Also this is proving that Graphene is capable of doing 100k TPS doesn't ever say bts 2.0 on oct 13 will do 100k TPS since that would mean an ideal network setup between witnesses and witnesses running highend machines. |
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chryspano
Legendary
Offline
Activity: 910
Merit: 1000
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October 07, 2015, 07:16:28 PM |
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I'm trying hard to find the part in your links that BitShares "promished" 100.000 tps at 13 October and I can't. Can you give us a hand here? or your job is only to post irrelevant links? Even if BitShares made that promish, it would be ok to postpone the full implementation for some time. What we have here is a few guys "complaining" that 100 tps is not good enought short term, I find your claims/posts really funny especially if we take in to account the fact that your "allmighty" and "super_duper_wow" nxt has a limit of 3 tps. You sound like a horse carriage company complaining about the "disadvantages" of the first cars. and btw....  Are you sure that 100 tps short term and 100K long term are "sour" ? |
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EvilDave
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October 07, 2015, 07:20:52 PM |
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So...and I'm working my head round this slowly: No-one in the BTS community has ever claimed that Graphene would run at 100,000 TPS on launch ? So why make such a fuss about a hypothetical future configuration of BTS running on next-gen Internet 2.0 hardware ? I'm reasonably aware of BTS activities, and I got the overwhelming impression that Graphene was going to have revolutionary, VISA-level processing speeds now, rather than at some undetermined time in the future. Using this line of reasoning, I can now claim that NXT will hit 1,000,000 TPS sometime in 2027, and no-one can contradict me..... |
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