Bitcoin Forum
June 21, 2024, 01:48:09 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1] 2 3 »  All
  Print  
Author Topic: This Calmed Me Down A Bit About The Blocksize Debate  (Read 2778 times)
BitProdigy (OP)
Full Member
***
Offline Offline

Activity: 322
Merit: 114


We Are The New Wealthy Elite, Gentlemen


View Profile
August 20, 2015, 05:35:41 AM
 #1

This video ------> https://www.youtube.com/watch?v=KYWhShzzELg  Grin Grin Grin Grin
BitProdigy (OP)
Full Member
***
Offline Offline

Activity: 322
Merit: 114


We Are The New Wealthy Elite, Gentlemen


View Profile
August 20, 2015, 06:12:07 AM
 #2

Okay I'm officially on board with Gavin and Hearn and Bitcoin XT after watching this video ----> https://www.youtube.com/watch?v=8JmvkyQyD8w
meono
Full Member
***
Offline Offline

Activity: 196
Merit: 100


View Profile
August 20, 2015, 06:37:01 AM
 #3

Developer EmployerIn favor of
Gavin Andresen MIT8mb+
Mike HearnGoogle, now Vinumeris8mb+
Meni RosenfeldIsraeli Bitcoin Association, Bitcoiltentative 8mb+
Jeff GarzikBitpay, now Dunvegan Space Systems, Inc. 2mb+
Peter ToddViacoin et al.1mb
Luke-JRSubcontracted by Blockstream1mb
Adam BackBlockstream Co-Founder1mb
Matt CoralloBlockstream Co-Founder1mb
GmaxwellBlockstream Co-Founder1mb
Peter WuilleBlockstream Co-Founder1mb
Mark Friedenbach(Maaku7)Blockstream Co-Founder1mb
laanwj MIT 1mb
NorrisK
Legendary
*
Offline Offline

Activity: 1946
Merit: 1007



View Profile
August 20, 2015, 06:41:56 AM
 #4

Developer EmployerIn favor of
Gavin Andresen MIT8mb+
Mike HearnGoogle, now Vinumeris8mb+
Meni RosenfeldIsraeli Bitcoin Association, Bitcoiltentative 8mb+
Jeff GarzikBitpay, now Dunvegan Space Systems, Inc. 2mb+
Peter ToddViacoin et al.1mb
Luke-JRSubcontracted by Blockstream1mb
Adam BackBlockstream Co-Founder1mb
Matt CoralloBlockstream Co-Founder1mb
GmaxwellBlockstream Co-Founder1mb
Peter WuilleBlockstream Co-Founder1mb
Mark Friedenbach(Maaku7)Blockstream Co-Founder1mb
laanwj MIT 1mb

It is quite clear that there is not conflict of interest at all for all of the co-founders of blockstream... It is clear why they want 1 mb right?
BitProdigy (OP)
Full Member
***
Offline Offline

Activity: 322
Merit: 114


We Are The New Wealthy Elite, Gentlemen


View Profile
August 20, 2015, 06:58:56 AM
 #5

Developer EmployerIn favor of
Gavin Andresen MIT8mb+
Mike HearnGoogle, now Vinumeris8mb+
Meni RosenfeldIsraeli Bitcoin Association, Bitcoiltentative 8mb+
Jeff GarzikBitpay, now Dunvegan Space Systems, Inc. 2mb+
Peter ToddViacoin et al.1mb
Luke-JRSubcontracted by Blockstream1mb
Adam BackBlockstream Co-Founder1mb
Matt CoralloBlockstream Co-Founder1mb
GmaxwellBlockstream Co-Founder1mb
Peter WuilleBlockstream Co-Founder1mb
Mark Friedenbach(Maaku7)Blockstream Co-Founder1mb
laanwj MIT 1mb



An Appeal to Authority is a logical fallacy with which I refuse to base my conclusions upon. It's nice the you list the names and companies of people that disagree with the argument for increased block sizes, but you have presented no actual argument and so have provided no relevant information on which to derive a conclusion on the matter as a list of names of people who disagree is no argument  for or against block size increase.

I have yet to find a coherent argument for preventing the increase of block sizes and the resistance to doing so seems to be causing more problems then those of us who recognize the necessity of doing so. It is you who are creating the split in Bitcoin, not those who wish to increase the block size.

Present a coherent and logical argument or GTFO.
Cryddit
Legendary
*
Offline Offline

Activity: 924
Merit: 1129


View Profile
August 20, 2015, 07:07:42 AM
 #6


I have yet to find a coherent argument for preventing the increase of block sizes and the resistance to doing so seems to be causing more problems then those of us who recognize the necessity of doing so. It is you who are creating the split in Bitcoin, not those who wish to increase the block size.

Present a coherent and logical argument or GTFO.

It appears to me that the data presented (name, employer, vote) is a very strong argument about motives. 

It would be rather incredible if the correlation between people drawing paychecks from Blockstream and people in favor of no maximum block size increase were a coincidence.

Hmmm, Blockstream intends to set up a transaction processing network to mediate people's transactions and use the bitcoin block chain for a settlement network only.  A plan which won't work all that well if people can just use the block chain themselves.  How could people be prevented from just using the block chain themselves?  Hmmmmmm...... 

Conflict of interest much?  Nawww, couldn't be.  But isn't it weird how the every last dev who sees an increase in the maximum block size as a good thing is NOT getting paychecks from Blockstream?

S4VV4S
Hero Member
*****
Offline Offline

Activity: 1582
Merit: 502


View Profile
August 20, 2015, 08:51:06 AM
 #7


I have yet to find a coherent argument for preventing the increase of block sizes and the resistance to doing so seems to be causing more problems then those of us who recognize the necessity of doing so. It is you who are creating the split in Bitcoin, not those who wish to increase the block size.

Present a coherent and logical argument or GTFO.

It appears to me that the data presented (name, employer, vote) is a very strong argument about motives. 

It would be rather incredible if the correlation between people drawing paychecks from Blockstream and people in favor of no maximum block size increase were a coincidence.

Hmmm, Blockstream intends to set up a transaction processing network to mediate people's transactions and use the bitcoin block chain for a settlement network only.  A plan which won't work all that well if people can just use the block chain themselves.  How could people be prevented from just using the block chain themselves?  Hmmmmmm...... 

Conflict of interest much?  Nawww, couldn't be.  But isn't it weird how the every last dev who sees an increase in the maximum block size as a good thing is NOT getting paychecks from Blockstream?



That is a fair arguement, but can I ask this:
Why did Gavin and Mike decide to bring up the block size "issue" now? (which isn't an issue as we have 0.4 - 0.5 mb blocks)
Since they knew that their co-workers on Bitcoin have handled it with the use of Blockstream and there is NO immediate need for larger block sizes anyway,
doesn't it seem a bit odd, or convienient if I may say?
This whole situation is just too fishy.

I am all up for bigger blocks, sure why not, even though they are not necessary now, but not XT.
Not the way it is being forced upon us.
And especially after the blacklisting code that was added as an "extra".
HCLivess
Legendary
*
Offline Offline

Activity: 2114
Merit: 1090


=== NODE IS OK! ==


View Profile WWW
August 20, 2015, 08:53:26 AM
 #8

Developer EmployerIn favor of
Gavin Andresen MIT, confirmed CIA agent8mb+
Mike HearnGoogle, now Vinumeris, suspect CIA agent8mb+
Meni RosenfeldIsraeli Bitcoin Association, Bitcoiltentative 8mb+
Jeff GarzikBitpay, now Dunvegan Space Systems, Inc. 2mb+
Peter ToddViacoin et al.1mb
Luke-JRSubcontracted by Blockstream1mb
Adam BackBlockstream Co-Founder1mb
Matt CoralloBlockstream Co-Founder1mb
GmaxwellBlockstream Co-Founder1mb
Peter WuilleBlockstream Co-Founder1mb
Mark Friedenbach(Maaku7)Blockstream Co-Founder1mb
laanwj MIT 1mb



An Appeal to Authority is a logical fallacy with which I refuse to base my conclusions upon. It's nice the you list the names and companies of people that disagree with the argument for increased block sizes, but you have presented no actual argument and so have provided no relevant information on which to derive a conclusion on the matter as a list of names of people who disagree is no argument  for or against block size increase.

I have yet to find a coherent argument for preventing the increase of block sizes and the resistance to doing so seems to be causing more problems then those of us who recognize the necessity of doing so. It is you who are creating the split in Bitcoin, not those who wish to increase the block size.

Present a coherent and logical argument or GTFO.

fixed

tadakaluri
Hero Member
*****
Offline Offline

Activity: 616
Merit: 500



View Profile WWW
August 20, 2015, 09:14:55 AM
 #9

The main alternatives to increasing the block size would be a more radical redo of the blockchain system - a proposal for something called the Bitcoin Lightning Network has gotten the most attention - or simply waiting around and seeing how the system organically adjusts to hitting its capacity limits.
pawel7777
Legendary
*
Offline Offline

Activity: 2478
Merit: 1580



View Profile WWW
August 20, 2015, 09:26:17 AM
 #10


That is a fair arguement, but can I ask this:
Why did Gavin and Mike decide to bring up the block size "issue" now? (which isn't an issue as we have 0.4 - 0.5 mb blocks)
Since they knew that their co-workers on Bitcoin have handled it with the use of Blockstream and there is NO immediate need for larger block sizes anyway,
doesn't it seem a bit odd, or convienient if I may say?
This whole situation is just too fishy.

I am all up for bigger blocks, sure why not, even though they are not necessary now, but not XT.
Not the way it is being forced upon us.
And especially after the blacklisting code that was added as an "extra".


It's not like they jumped with XT idea out of the blue. There was an extensive debate but it was going nowhere. Some people don't see 1mb as a problem at all, some see it as a problem but hope lighting network/side chains will provide solution etc.

Waiting for the full blocks to start thinking about solutions doesn't make any sense, it'll probably get more messy than it is now.

So instead of engaging in pointless discussions, repeating the same arguments over again, they decide to 'do something' and allowed people to vote (by switching to XT or staying with Core).

Was it the right move? I don't know.



               ▄██▄▄                          ▄████
             ▄█▀   ▀▀▄▄                    ▄█▀▀   ▀█▄
            █▀         ▀▄                ▄█▀        █▄
           █▀   ▄█▄▄            ▄▄▄▄▄▄███▀      ▀▄   █▄
          ▄█   ▄█▀███▄▄                          █   ▀█
          █    ▀   ▀████▄   ▄▄▄▄▄▄▄▄▄▄▄▄▄▄        █   █▄
          █         ▀████████████████████████▄▄▄      ██
         ██        ▄██████████████████████████████▄    ▀█▄
        ▄█▀     ▄████████████▀▀▀▀▀▀▀▀▀▀█████████████▄▄   ▀█▄
      ▄█▀     █████████████              ▀▀████████████▄   █▄
    ▄█▀        ▄██████████████▀▀█▄    ▄▄     █  ▀██ ▀███▄   ██
   ███▄▄     ▄███████████▀▀           ▀██▄        ▀  ▀▀     █▀
     █▀     ███████████▀                               ▄▀   ██
    █▀    ▄██████████▀                       ▄▄▄       ▀   ▄█
   █▀    ▄██████████▀           ▄▄      ▀▀████████▄         ▀██▄
  █▀    ▄███████████          ▄██▀   ▀▀█▄   ▀███████▄▄▄██▄▄   ▀██▄
 █▀     ▀▀▀▀▀▀██████         ████      ▀██▄  ▀████████   ▀▀▀    ▀█▄
▄█              ▀▀█           ████  ▄▄█▄▄███▄  ▀██████           ▀█▄
██▄▄▄▄▄                       █████  ▀▀▀▀▀▀▀▀▀   ▀████▄           ██
       ▀▀▀▀▀▄▄▄                █████▄▄▄            ▀▀▀▀▀▀        ▄██
               ▀▀▀▄▄           ▀█████████████████▄▄          ▄▀▀▀
                    ▀▀▄▄         ▀▀▀▀▀▀▀▀▀▀▀▀▀▀    ▀
                        ▀
.
.BETFURY..
|
         ▄▄▄▄▄████▀▄▄▄
      ▄███▀▀▀█▀▀  ▄████▄
    ▄██     ▀       ▀▀███▄
  ▄██   ▄██▄    ▄█▄   ▀████▄
 ██▀    ████▀▀▀▀▀▀█     ▀███
██▀   ▄███   ███▄▄▄█▄    ▀███
██    ███  ▄█▀▀█▀▀███     ███
██    ███▄▄██ █▄█▄ ███    ██▀
██        ▀▀█▄▄▄▄▄▄█▀     ██
██▄   ▄  ▄▄▄ ▄▄▄  ▄▄     ▄█▀
 ██▄█▀  █▄▄█ █▄  █ ▄▄   ▄██
  ███   █▄▄█ █   █▄▄█  ▄█▀
   ████▄             ▄██▀
    ▀█▀█▄▄█▄▄▄▄▄▄▄███▀
       ▀▀▀████▀▀▀▀
WIN REAL CRYPTO IN THE REAL DROP
JOIN $20,000,000 CRYPTODROP
|Join Fury Game
Get Free Crypto
BFG, USDT, BTC, ETH
|▄████████████████████████▄
██████████████████████████
████▀▀▀▀▀██████████▀▀▀████
████▄ ▀█▄ ▀██████▀  ▄█████
██████▄ ▀█▄ ▀██▀  ▄███████
████████▄ ▀█▄   ▄█████████
██████████▄ ██ ▀██████████
█████████▀   ▀█▄ ▀████████
███████▀  ▄██▄ ▀█▄ ▀██████
█████▀  ▄██████▄ ▀█▄ ▀████
████▄▄▄██████████▄▄▄▄▄████
 ████████████████████████
▄█████████████████████▄
███████████████████████
████████████████▀▀█████
███████████▀▀▀    █████
██████▀▀▀   ▄▀   ██████
███▄     ▄█▀     ██████
██████▄ █▀      ███████
███████▌▐       ███████
████████ ▄██▄  ████████
██████████████▄████████
███████████████████████
▀█████████████████████▀
...PLAY...
NorrisK
Legendary
*
Offline Offline

Activity: 1946
Merit: 1007



View Profile
August 20, 2015, 09:48:34 AM
 #11


I have yet to find a coherent argument for preventing the increase of block sizes and the resistance to doing so seems to be causing more problems then those of us who recognize the necessity of doing so. It is you who are creating the split in Bitcoin, not those who wish to increase the block size.

Present a coherent and logical argument or GTFO.

It appears to me that the data presented (name, employer, vote) is a very strong argument about motives. 

It would be rather incredible if the correlation between people drawing paychecks from Blockstream and people in favor of no maximum block size increase were a coincidence.

Hmmm, Blockstream intends to set up a transaction processing network to mediate people's transactions and use the bitcoin block chain for a settlement network only.  A plan which won't work all that well if people can just use the block chain themselves.  How could people be prevented from just using the block chain themselves?  Hmmmmmm...... 

Conflict of interest much?  Nawww, couldn't be.  But isn't it weird how the every last dev who sees an increase in the maximum block size as a good thing is NOT getting paychecks from Blockstream?



That is a fair arguement, but can I ask this:
Why did Gavin and Mike decide to bring up the block size "issue" now? (which isn't an issue as we have 0.4 - 0.5 mb blocks)
Since they knew that their co-workers on Bitcoin have handled it with the use of Blockstream and there is NO immediate need for larger block sizes anyway,
doesn't it seem a bit odd, or convienient if I may say?
This whole situation is just too fishy.

I am all up for bigger blocks, sure why not, even though they are not necessary now, but not XT.
Not the way it is being forced upon us.
And especially after the blacklisting code that was added as an "extra".


They do it now because they want to be ahead of the problem instead of it becoming a problem... Yhrre is nothing fishy about the timing, just common sense.
Enzyme
Sr. Member
****
Offline Offline

Activity: 420
Merit: 250


View Profile
August 20, 2015, 09:49:55 AM
 #12

I believe we need bigger blocks, it is the only way to become ready for the future, and many more users of bitcoin.
The00Dustin
Hero Member
*****
Offline Offline

Activity: 807
Merit: 500


View Profile
August 20, 2015, 09:51:57 AM
 #13

I am all up for bigger blocks, sure why not, even though they are not necessary now, but not XT.
Not the way it is being forced upon us.
And especially after the blacklisting code that was added as an "extra".
I was in the same boat, but all of the name calling I see coming from those against the bigger blocks, all the political spin (such as the constant "XT is an altcoin" BS), and all of the Orwellian "not censorship" manipulation (I don't even use Reddit, but it's also on bitcoin.org and this forum) were really grating my nerves.  I finally couldn't stand it anymore and replaced Core with XT.  It was really difficult for me to do because I'm flat out against many of Mike Hearn's ideas, but I realized that even if XT wins the blocksize battle, Core will be modified to support larger blocks (as it likely will before it comes to that), so I can switch back to Core at that point and not be a part of any other nonsense that might come from XT.  The fact that I can switch back is what really relaxed me.
ChetnotAtkins
Full Member
***
Offline Offline

Activity: 131
Merit: 100


View Profile
August 20, 2015, 09:55:18 AM
 #14

Already have there been dubious code segments detected in XT's code base. XT is a trojan horse that plans to base it's hostile takeover of Bitcoin on manipulating the notoriously stupid masses.

I for one will dump ALL my Bitcoins immediately on the XT chain, should it ever be tradeable, which will certainly not be without effect. Bitcoin simply cannot be in control of two people with very questionable motives and tactics. It is a tool of the cypherpunks
meono
Full Member
***
Offline Offline

Activity: 196
Merit: 100


View Profile
August 20, 2015, 10:14:12 AM
 #15

Already have there been dubious code segments detected in XT's code base. XT is a trojan horse that plans to base it's hostile takeover of Bitcoin on manipulating the notoriously stupid masses.

I for one will dump ALL my Bitcoins immediately on the XT chain, should it ever be tradeable, which will certainly not be without effect. Bitcoin simply cannot be in control of two people with very questionable motives and tactics. It is a tool of the cypherpunks

Quote for note of a XT bashers.

Amazing stuff comes from XT basher so far.
Most of them are twisted retard

Proof ? :


How are developers responding to this severe limitation of Bitcoin's usage. There are currently 72000 (!) unconfirmed transactions but it seems they don't really want to acknowledge it.

Perhaps set a limit of tx/s to discourage spamming the mempool and block malicious nodes.
n2004al
Legendary
*
Offline Offline

Activity: 1134
Merit: 1000


View Profile
August 20, 2015, 10:41:37 AM
 #16


I am not a specialist so my question can seem strange or to simple to have answer. But if everyone can, please answer me. What the difference between 8mb, 2mb and 1mb? What this comport for bitcoin and what are the bad things if from 1mb goes to 2mb or even 8mb. As I know everything will be more smoothly if the amount will go 8mb. Why not then 8mb? What is this discord? Why this discord?
Kazimir
Legendary
*
Offline Offline

Activity: 1176
Merit: 1003



View Profile
August 20, 2015, 11:22:20 AM
 #17

Peter WuilleBlockstream Co-Founder1mb
Actually, Pieter proposed an excellent suggestion to slowly and moderately increase the block size limit. I think this would be a wise middle ground, hopefully something that all devs are willing to consider as a reasonable compromise.

Even if they think it's not perfect, it's not that dramatic. And it's most definitely way better to have a least a unanimous decision for the time being, rather than strictly holding on to each own's position and risking Bitcoin to be split up in Core and XT (which is devastating).

Seriously... Nobody can claim that Pieter's proposal of growing by 21/16 (≈ 4.4%) every 223 seconds (≈ 97 days), or about 17% per year, is in any way ridiculous or damaging or shortsighted.

In theory, there's no difference between theory and practice. In practice, there is.
Insert coin(s): 1KazimirL9MNcnFnoosGrEkmMsbYLxPPob
Denker
Legendary
*
Offline Offline

Activity: 1442
Merit: 1016


View Profile
August 20, 2015, 12:21:56 PM
Last edit: August 20, 2015, 12:39:51 PM by Denker
 #18

Adam Back on reddit 2 days ago:

Quote
...I also proposed a simple compromise: 2MB immediately, then 4MB in 2 years, 8MB in 4 years and then re-evaluate what to do next based on experience with how well lightning, sidechains etc work in practice. 4 years is a really long time in Bitcoin, and I think racing off into the future with an 8GB block is inadvisably risky. Very hard to predict 20 years into the future and likely wrong in one direction or other with deleterious effects.

https://www.reddit.com/user/adam3us
desired_username
Hero Member
*****
Offline Offline

Activity: 879
Merit: 1013


View Profile
August 20, 2015, 12:26:04 PM
 #19

Adam Beck on reddit 2 days ago:

Quote
...I also proposed a simple compromise: 2MB immediately, then 4MB in 2 years, 8MB in 4 years and then re-evaluate what to do next based on experience with how well lightning, sidechains etc work in practice. 4 years is a really long time in Bitcoin, and I think racing off into the future with an 8GB block is inadvisably risky. Very hard to predict 20 years into the future and likely wrong in one direction or other with deleterious effects.

https://www.reddit.com/user/adam3us

This is just false. 8GB would take 20 years. Hell, 10 years ago I was on dial up and now on fibre.

Adam Back wants to derail natural scaling because it seriously affects the goals of Blockstream (having user transactions taking place on top of bitcoin through their "payment hubs".)
fryarminer
Hero Member
*****
Offline Offline

Activity: 686
Merit: 500


View Profile
August 20, 2015, 12:36:33 PM
 #20

Developer EmployerIn favor of
Gavin Andresen MIT8mb+
Mike HearnGoogle, now Vinumeris8mb+
Meni RosenfeldIsraeli Bitcoin Association, Bitcoiltentative 8mb+
Jeff GarzikBitpay, now Dunvegan Space Systems, Inc. 2mb+
Peter ToddViacoin et al.1mb
Luke-JRSubcontracted by Blockstream1mb
Adam BackBlockstream Co-Founder1mb
Matt CoralloBlockstream Co-Founder1mb
GmaxwellBlockstream Co-Founder1mb
Peter WuilleBlockstream Co-Founder1mb
Mark Friedenbach(Maaku7)Blockstream Co-Founder1mb
laanwj MIT 1mb

Wow.
So translation: Bitcoin Core is dead. We are voting for XT or Blockstream.
Pages: [1] 2 3 »  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!