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Author Topic: bitcoin xt is needed bigger blocks are needed to make bitcoin a success?or not?  (Read 1020 times)
wagabee london (OP)
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July 02, 2015, 08:25:12 PM
Last edit: July 02, 2015, 10:29:40 PM by wagabee london
 #1

bitcoin xt is needed bigger blocks are needed to make bitcoin a success the transactions take to long to process.bitcoin will not go mainstream until there are bigger blocks. the devs should vote and take a decisión bitcoin xt or something that everybody agrees on bitcoin has a lot of potencial as a currency and remittance service bitcoin is great

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croTek4
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July 02, 2015, 08:54:18 PM
 #2

It doesnt really matter where the block size limit increase is implemented(core or xt), it is needed and it will have to be a fork. You cant have a change like that without forking, again it doesnt matter if its in core or xt.

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July 02, 2015, 09:08:34 PM
 #3

It doesnt really matter where the block size limit increase is implemented(core or xt), it is needed and it will have to be a fork. You cant have a change like that without forking, again it doesnt matter if its in core or xt.

But it seems the developers of core don't want bigger blocks, so it would be called XT as a result. I like the sound of Core better than XT personally.
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July 02, 2015, 09:14:04 PM
 #4

It doesnt really matter where the block size limit increase is implemented(core or xt), it is needed and it will have to be a fork. You cant have a change like that without forking, again it doesnt matter if its in core or xt.

But it seems the developers of core don't want bigger blocks, so it would be called XT as a result. I like the sound of Core better than XT personally.

So I've heard. Higher block limit is a solution for now. In my opinion of course. Which is why I am running xt. If the core devs decide to go with higher block limit then I'll run core again. I agree it would be better to implement it into core. Obviously it cause confusion for some.

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July 02, 2015, 09:37:09 PM
 #5

Of course we need bigger blocks, at least for now! I'll definitely have my vote when a client supports a block size increase.
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July 02, 2015, 09:46:13 PM
 #6

It doesnt really matter where the block size limit increase is implemented(core or xt), it is needed and it will have to be a fork. You cant have a change like that without forking, again it doesnt matter if its in core or xt.

But it seems the developers of core don't want bigger blocks, so it would be called XT as a result. I like the sound of Core better than XT personally.
But why don't they want bigger blocks? Gavin wants and I don't understand anything
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July 02, 2015, 09:58:29 PM
 #7

larger blocks are very important, especially when high volume companies such as amazon, ebay, alibaba decide to accept bitcoin. blocks with current limit would be full each time.
wagabee london (OP)
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July 02, 2015, 11:17:30 PM
 #8

yes big merchant will not accept bitcoin without bigger blocks bitcoin xt will bring bitcoin mainstream

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July 03, 2015, 12:20:26 AM
 #9

Full 1MB blocks grow the chain by 4.4GB each month. 52,8GB each year.
I recently bought a new computer, it was a cheap one. It has 200GB HD. Most of the computers in todays' homes have less than 500GB storage.
So basically we can live with 52 GB space consumed within a year. Maximum maybe double that (2MB blocks). Anything that's more than that would mean to tell people to buy new hardware. Most people won't bother and just not adopt Bitcoin at all when it requires them to download terrabytes before start and dozens of Gigabytes each month.

Currently i noticed a a service that sends 0.1 millibitcoin to random active adresses with a message attached to double ones bitcoins at his adress (https://blockchain.info/en/address/19Sp5HuwrcW23TetC9kE5WMqziUSXLjYyY). Maybe this is even orchestrated by the Gavincoiners to fill blocks up to force people into Gavincoin.

Regardless of that i think this service is proof transactions are too cheap.
With Gavincoin these type of activities would just grow larger and in the end the bitcoin blockchain is filled with trash and bloated to such a degree that it becomes unattractive to adopt for people due to bandwidth and storage requirements.
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July 03, 2015, 01:01:56 AM
 #10

4tb drives are easy to come by for cheap, idk where you got a computer with a 200gb drive but that is like really really outdated. Newcomers and less tech savy people wont need or want to download the entire blockchain.

1mb block limit will not suffice for increased adoption.

The transactions you speak of are a stress test on the network i believe, cheap transactions are part of the advantages of bitcoin, keep them cheap, really cheap.

It seems to me that you dont want to see the bitcoin advance any further.


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July 03, 2015, 01:07:49 AM
 #11

bitcoin xt is needed bigger blocks are needed to make bitcoin a success the transactions take to long to process.bitcoin will not go mainstream until there are bigger blocks. the devs should vote and take a decisión bitcoin xt or something that everybody agrees on bitcoin has a lot of potencial as a currency and remittance service bitcoin is great

Yes.  Please all switch to XT.  I will continue parking funds in LTC.  

Edit:  Oh and I'm trying to live up to my name.  I will invest in Cannabiscoin too.  I honestly do not know the devs and the crew behind it.  I hope they are not scammers.  Lol!  But I like their idea of backing their project with their own strain of weed called Canndy and are trying to get licenses to plant and grow more weed.  I hope all goes well for them.  I believe Cannabis will be the wonder drug of the 21st century.  I hope the Cannabiscoin crew break into this billion dollar industry.

R


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July 03, 2015, 01:11:50 AM
 #12

bitcoin xt is needed bigger blocks are needed to make bitcoin a success the transactions take to long to process.bitcoin will not go mainstream until there are bigger blocks. the devs should vote and take a decisión bitcoin xt or something that everybody agrees on bitcoin has a lot of potencial as a currency and remittance service bitcoin is great

Yes.  Please all switch to XT.  I will continue parking funds in LTC. 

Well, we're all doing that because its trending right now. At the end of ltc rise i know im converting it all back to bitcoin.

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tokeweed
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July 03, 2015, 01:14:10 AM
 #13

bitcoin xt is needed bigger blocks are needed to make bitcoin a success the transactions take to long to process.bitcoin will not go mainstream until there are bigger blocks. the devs should vote and take a decisión bitcoin xt or something that everybody agrees on bitcoin has a lot of potencial as a currency and remittance service bitcoin is great

Yes.  Please all switch to XT.  I will continue parking funds in LTC. 

Well, we're all doing that because its trending right now. At the end of ltc rise i know im converting it all back to bitcoin.

I called it out before it was trending.  Back read my posts.  I've been telling people LTC is the safe haven coin when shit hits the fan with what's happening between  Bitcoin and Gavincoin.

This could only be the beginning.

R


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LLBIT|
4,000+ GAMES
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croTek4
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July 03, 2015, 01:26:05 AM
 #14

bitcoin xt is needed bigger blocks are needed to make bitcoin a success the transactions take to long to process.bitcoin will not go mainstream until there are bigger blocks. the devs should vote and take a decisión bitcoin xt or something that everybody agrees on bitcoin has a lot of potencial as a currency and remittance service bitcoin is great

Yes.  Please all switch to XT.  I will continue parking funds in LTC. 

Well, we're all doing that because its trending right now. At the end of ltc rise i know im converting it all back to bitcoin.

I called it out before it was trending.  Back read my posts.  I've been telling people LTC is the safe haven coin when shit hits the fan with what's happening between  Bitcoin and Gavincoin.

This could only be the beginning.

Yes you and a thousand other people called it, give yourselves a nice pat on the back.  I dont want to say it cant happen. but highly unlikely that just because some people dont want to see bitcoin advance with increased block size limit, that ltc will overtake.

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tokeweed
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July 03, 2015, 01:30:20 AM
 #15

bitcoin xt is needed bigger blocks are needed to make bitcoin a success the transactions take to long to process.bitcoin will not go mainstream until there are bigger blocks. the devs should vote and take a decisión bitcoin xt or something that everybody agrees on bitcoin has a lot of potencial as a currency and remittance service bitcoin is great

Yes.  Please all switch to XT.  I will continue parking funds in LTC.  

Well, we're all doing that because its trending right now. At the end of ltc rise i know im converting it all back to bitcoin.

I called it out before it was trending.  Back read my posts.  I've been telling people LTC is the safe haven coin when shit hits the fan with what's happening between  Bitcoin and Gavincoin.

This could only be the beginning.

Yes you and a thousand other people called it, give yourselves a nice pat on the back.  I dont want to say it cant happen. but highly unlikely that just because some people dont want to see bitcoin advance with increased block size limit, that ltc will overtake.

Yes.  I also thank Gavincoin proposal and politics for rise of LTC.  

R


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July 03, 2015, 01:31:30 AM
 #16

Without a super majority there will be no change.  So there isn't going to be any drama.  Sorry.
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July 03, 2015, 01:33:24 AM
 #17

Without a super majority there will be no change.  So there isn't going to be any drama.  Sorry.

That's very disappointing...  Because I like drama.  I hope Hearn and Andresen campaign more for Gavincoin and try to get miners with them.  And it is good for LTC price.

R


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July 03, 2015, 01:38:01 AM
 #18

Without a super majority there will be no change.  So there isn't going to be any drama.  Sorry.

Hearn has already articulated exactly how he intends to fork Bitcoin without majority consensus by using checkpoints (if needed). And if I'm not mistaken, his partner in crime has the bitcoin core alert key which means that might actually work.

https://www.youtube.com/watch?v=DB9goUDBAR0
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July 03, 2015, 01:44:19 AM
 #19

Without a super majority there will be no change.  So there isn't going to be any drama.  Sorry.


Super majority of those who are creating blocks.

Catether is an open source mineable ERC20 Token, powered by Cates.
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July 03, 2015, 01:50:05 AM
 #20

It doesnt really matter where the block size limit increase is implemented(core or xt), it is needed and it will have to be a fork. You cant have a change like that without forking, again it doesnt matter if its in core or xt.

But it seems the developers of core don't want bigger blocks, so it would be called XT as a result. I like the sound of Core better than XT personally.

be more specific..
developers who also own or partner with mining farms dont want bigger blocks..

the reason is not to do with forking, is not to do with security of bitcoin. but purely because if a block has 20mb space, right no people WONT NEED to pay fee's to get accepted. thus when mining farms hand out the 25btc to miners. the farm owners cant keep the profits from the fee's because there wont be any fee.

.. its all about greed, not economic sense

I DO NOT TRADE OR ACT AS ESCROW ON THIS FORUM EVER.
Please do your own research & respect what is written here as both opinion & information gleaned from experience. many people replying with insults but no on-topic content substance, automatically are 'facepalmed' and yawned at
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