Big block support observer

[unamis76]

Only now noticed... Two more blocks were mined with big block support. Were they from Slush too or do we have a new miner?

[TheMage]

Just re-posting my message on mailing list here:

There is one, and only one scenario that BitcoinXX will win: it is supported by major exchanges, merchants, and investors, and they request miners to support it. When BIP101 is activated, these exchanges will refuse to accept or exchange tokens from the old chain. Miners in the old chain can't sell their newly generated coins and can't pay the electricity bill. They will soon realize that they are mining fool's gold and will be forced to switch to the new chain or sell their ASIC. The old chain will be abandoned and has no hope to revive without a hardfork to decrease the difficulty. The dust will settle in days if not hours.

Will the adoption of BitcoinXX lead by miners? No, it won't. Actually, Chinese miners who control 60% of the network has already said that they would not adopt XX. So they must not be the leader in this revolution. Again, miners need to make sure they could sell their bitcoin in a good price, and that's not possible without support of exchanges and investors.

What about that Not-Bitcoin-XX? The creator of the spoof client may stay anonymous, but the miners cannot. 95% of the blocks come from known entities and they have to be responsible to their actions. And again, they have real money in stake. If bitcoin is destroyed, their ASIC serves at best as very inefficient heaters.

So Bitcoin-XX is basically in a win-all-or-lose-all position. It all relies on one condition: the support of major exchanges, merchants, and investors. Their consensus is what really matters. With their consensus, that could not be a Schism hardfork. Without their consensus, nothing will happen.

I'm working on an unbiased paper for the scaling Bitcoin workshop, so far my research shows some very.....interesting results. Right now it looks like BitcoinXT is not sustainable at all. Long term, well I guess everyone needs to see what my research digs up (because I've more or less just started, but I have been able to draw some conclusions so far).

[turvarya]

Seems like there is even another argument, why node-count is a really bad indicator for XT-success:
https://www.reddit.com/r/bitcoinxt/comments/3i1dra/psa_its_super_easy_to_manipulate_the_node_count_i/

Besides that: Has anybody looked at https://getaddr.bitnodes.io/nodes/ recently?
There are only 35.8% running the newest version of Bitcoin Core. (0.11.0)
And even that is not really guaranteed, since you could easily change what is sent.
My guess is, that a lot of full node provider have a customized version, but didn't bother to change this identity-string. That would also be a good indicator, why so many full nodes are not on an up-to-date-version(since merging in a customized version is more work).
There could even be people who have merged BIP101 into their customized version, but didn't change the identity-string, since they are not aware, that there are people looking at that.
But, how many full node provider might have be in one of this scenarios is purely speculative.

[knight22]

Official announcement for BIP101 support.

- Bitpay

- Xapo

- Circle

- Bitgo

- Bitnet

- KnC Miners

- Blockchain.info

http://blog.blockchain.com/wp-content/uploads/2015/08/Industry-Block-Size-letter-All-Signed.pdf

Our companies will be ready for larger blocks by December 2015 and we will run
code that supports this.

[jl2012]

Official announcement for BIP101 support.

- Bitpay

- Xapo

- Circle

- Bitgo

- Bitnet

- KnC Miners

- Blockchain.info

http://blog.blockchain.com/wp-content/uploads/2015/08/Industry-Block-Size-letter-All-Signed.pdf

Our companies will be ready for larger blocks by December 2015 and we will run
code that supports this.

Thanks, I'm just going to post this.

"we will run code that supports this." Does it mean Bitcoin XX?

[knight22]

Official announcement for BIP101 support.

- Bitpay

- Xapo

- Circle

- Bitgo

- Bitnet

- KnC Miners

- Blockchain.info

http://blog.blockchain.com/wp-content/uploads/2015/08/Industry-Block-Size-letter-All-Signed.pdf

Our companies will be ready for larger blocks by December 2015 and we will run
code that supports this.

Thanks, I'm just going to post this.

"we will run code that supports this." Does it mean Bitcoin XX?

I'm pretty sure it means: If Core doesn't implement it, then it will be XT.

[LiteCoinGuy]

indeed. the industry leaders know that bigger blocks are necessary in the mid term.

[knight22]

Now ItBit:


http://w3.itbit.com/blog/itbit-endorses-bip101-larger-block-sizes

[jonald_fyookball]

Blocktrail showing pool support

https://www.blocktrail.com/BTC

[jl2012]

I have removed a number of posts. May I remind you the rules of this thread:

1. This is a self-moderated thread. Posts violating the rules may be removed.
2. This thread is NOT for big block debate, including the discussion of pros and cons of different proposals and implementations. If you want to debate please go somewhere else. I believe there are plenty of places for this.
3. I don't want this tread being censored. Please avoid directly mentioning or linking any specific big block enabling bitcoin client. For sarcasm or not, call them BitcoinXX, Bitcoin**, BitcoinCensored, etc. Welcome to internet censorship (Based on the recent moderation style in this forum, this seems not necessary now)
4. No trolling
5. I will moderate more strictly if you have an ad-sig.

[Peter R]

Bitcoin XT 0.11.0 is now showing as the most popular client version.  As node count increased by a few thousand just today, it's likely these numbers are due in part to the pseudo node trick described here:

https://www.reddit.com/r/bitcoinxt/comments/3i1dra/psa_its_super_easy_to_manipulate_the_node_count_i/

Correction: https://www.reddit.com/r/bitcoinxt/comments/3iao3i/how_to_run_3000_completely_legit_full_nodes_aka/

[jl2012]

Bitcoin XT 0.11.0 is now showing as the most popular client version.  As node count increased by a few thousand just today, it's likely these numbers are due in part to the pseudo node trick described here:

https://www.reddit.com/r/bitcoinxt/comments/3i1dra/psa_its_super_easy_to_manipulate_the_node_count_i/

Correction: https://www.reddit.com/r/bitcoinxt/comments/3iao3i/how_to_run_3000_completely_legit_full_nodes_aka/

Most of them come from the same IP with different ports, e.g. 178.62.216.43

I think https://getaddr.bitnodes.io should ignore all nodes that are not on port 8333. This should substantially increase of cost of the attack

[fryarminer]

This address 17J2X8gcNKAinqsgLLXjLfdYm8bakNDA6H with 2.45BTC supports BIP101. 201508250426UTC

IN7Pm25ViuDNtUeW+6m5ywv6osLtGk5D4nc7aAlvWdNJLnMd9O96Qc7mO0FXVDpyIAiWfIVYLqoWrOZz0V5K/r0=

[jl2012]

This address 17J2X8gcNKAinqsgLLXjLfdYm8bakNDA6H with 2.45BTC supports BIP101. 201508250426UTC

IN7Pm25ViuDNtUeW+6m5ywv6osLtGk5D4nc7aAlvWdNJLnMd9O96Qc7mO0FXVDpyIAiWfIVYLqoWrOZz0V5K/r0=

Thank you. First page updated.

[adamstgBit]

Bitcoin XT 0.11.0 is now showing as the most popular client version.  As node count increased by a few thousand just today, it's likely these numbers are due in part to the pseudo node trick described here:

https://www.reddit.com/r/bitcoinxt/comments/3i1dra/psa_its_super_easy_to_manipulate_the_node_count_i/

Correction: https://www.reddit.com/r/bitcoinxt/comments/3iao3i/how_to_run_3000_completely_legit_full_nodes_aka/

LOL

did they think no one would notice?

[Lauda]

It has become obvious that the node count is a pretty useless piece of information in this debate (due to the easiness of manipulation).
OP you need to update your thread on a few points:
BIP 100 support:
DiscusFish / F2Pool
Kano CKPool
BitClub Network

[jl2012]

It has become obvious that the node count is a pretty useless piece of information in this debate (due to the easiness of manipulation).
OP you need to update your thread on a few points:
BIP 100 support:
DiscusFish / F2Pool
Kano CKPool
BitClub Network

Thanks and updated. Will make it tidier later

[RocketSingh]

BIP100 by Jeff: http://gtf.org/garzik/bitcoin/BIP100-blocksizechangeproposal.pdf
BIP101 by Gavin: https://github.com/bitcoin/bips/blob/master/bip-0101.mediawiki
BIP102 by Jeff: https://github.com/bitcoin/bips/pull/173/files
BIP??? by Pieter (called "BIP103" below): https://gist.github.com/sipa/c65665fc360ca7a176a6

This one needs to be added to the list in my opinion - https://bitcointalk.org/index.php?topic=1154536.0

There are hundreds if not thousands of proposals like this. They won't be included unless a BIP number is assigned, or I believe it's very likely to be assigned.

Does BIP number get assigned only to core dev's proposals ?

[achow101]

BIP100 by Jeff: http://gtf.org/garzik/bitcoin/BIP100-blocksizechangeproposal.pdf
BIP101 by Gavin: https://github.com/bitcoin/bips/blob/master/bip-0101.mediawiki
BIP102 by Jeff: https://github.com/bitcoin/bips/pull/173/files
BIP??? by Pieter (called "BIP103" below): https://gist.github.com/sipa/c65665fc360ca7a176a6

This one needs to be added to the list in my opinion - https://bitcointalk.org/index.php?topic=1154536.0

There are hundreds if not thousands of proposals like this. They won't be included unless a BIP number is assigned, or I believe it's very likely to be assigned.

Does BIP number get assigned only to core dev's proposals ?

No. Anyone who submits a BIP to the BIP Editor (Gregory Maxwell) will have their proposal considered and if accepted, it will be assigned a BIP number. See BIP 001: https://github.com/bitcoin/bips/blob/master/bip-0001.mediawiki.

That proposal is still being discussed on the mailing list. I don't know if he has submitted it to gmaxwell yet.

[jonald_fyookball]

Bitfury now supporting Bip 100.