TKeenan (OP)
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August 22, 2015, 02:05:51 AM |
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OK - so that thing about blocksize is now over. XT nodes leveled off and are now starting to actually go down. High of 891 and now down to 870. All they got was 800 and some change. Not even 1/6 of the network.
Very poor showing.
Let's all get back to work now.
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hodedowe
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August 22, 2015, 02:19:41 AM |
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OK - so that thing about blocksize is now over. XT nodes leveled off and are now starting to actually go down. High of 891 and now down to 870. All they got was 800 and some change. Not even 1/6 of the network.
Very poor showing.
Let's all get back to work now.
The media won't be happy about that. They love that everyone was going to war over a freaking make-believe problem.
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Solo mining is alive and profitable! Helped? Thanks! 1CXRFh4bDVFBsUzoHMMDbTMPcBP14RUTus
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slaveforanunnak1
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August 22, 2015, 02:20:14 AM |
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OK - so that thing about blocksize is now over. XT nodes leveled off and are now starting to actually go down. High of 891 and now down to 870. All they got was 800 and some change. Not even 1/6 of the network.
Very poor showing.
Let's all get back to work now.
what do you know.. their AWS free trial instances are drying up.
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Klestin
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August 22, 2015, 02:30:47 AM |
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Node percentage is a fun stat to watch but in the end it's only the miners that count towards the 75%. They're nowhere close of course, but that could change with the flip of a switch with any large miner.
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slaveforanunnak1
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August 22, 2015, 02:36:26 AM |
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Node percentage is a fun stat to watch but in the end it's only the miners that count towards the 75%. They're nowhere close of course, but that could change with the flip of a switch with any large miner.
NSA has a big budget
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tadakaluri
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August 22, 2015, 03:02:16 AM |
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But still there are XT supporters try hard to promote Bitcoin XT. The war continues till January, 2016.
My opinion is we need to support Bitcoin Core - and any changes can made to Bitcoin Core only.
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eternalgloom
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August 22, 2015, 03:32:47 AM |
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OK - so that thing about blocksize is now over. XT nodes leveled off and are now starting to actually go down. High of 891 and now down to 870. All they got was 800 and some change. Not even 1/6 of the network.
Very poor showing.
Let's all get back to work now.
I certainly hope you are right, we'll see in a few months probably. But I have faith in a positive outcome ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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knight22
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August 22, 2015, 03:37:34 AM |
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It is absolutely not over. It will be over the day a consensus is reached with a scaling solution. XT had some kind of head start and short stabilization but as the transactions increases and big players are pushing through with stress tests, it will build pressure for the market to move on to XT unless Core come up with something satisfactory enough for the XT proponents to let XT in the dust.
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LiteCoinGuy
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In Satoshi I Trust
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August 22, 2015, 05:44:32 AM |
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OK - so that thing about blocksize is now over. XT nodes leveled off and are now starting to actually go down. High of 891 and now down to 870. All they got was 800 and some change. Not even 1/6 of the network.
Very poor showing.
Let's all get back to work now.
870 Nodes / 13,9 % in just 7 days - pretty impressive in my view ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) let us see what will happen when transaction costs will rise to 0.30 , 0.60 , 0.90 USD per transaction ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fup.picr.de%2F22886566ar.png&t=665&c=V7_XRpt9p8-ORQ)
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Amph
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August 22, 2015, 06:19:14 AM |
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if those nodes are not made by miners or merchants they are not so important, they are probably random users trying xt
but if big merchant/payment procesors begin to accept xt, like bitpay is going to do, then the rest will follow
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fryarminer
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August 22, 2015, 06:23:31 AM |
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But still there are XT supporters try hard to promote Bitcoin XT. The war continues till January, 2016.
My opinion is we need to support Bitcoin Core - and any changes can made to Bitcoin Core only.
Agreed. Let's start by divorcing Core from Blockstream. That might save Bitcoin.
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slaveforanunnak1
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August 22, 2015, 06:24:09 AM |
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if those nodes are not made by miners or merchants they are not so important, they are probably random users trying xt
but if big merchant/payment procesors begin to accept xt, like bitpay is going to do, then the rest will follow
come on man... you're pissing in the punch pool! didn't you know the more free trial cloud instances you run with xt.... that means moar XT?
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Thekool1s
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Change is in your hands
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August 22, 2015, 06:25:05 AM |
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OK - so that thing about blocksize is now over. XT nodes leveled off and are now starting to actually go down. High of 891 and now down to 870. All they got was 800 and some change. Not even 1/6 of the network.
Very poor showing.
Let's all get back to work now.
870 Nodes / 13,9 % in just 7 days - pretty impressive in my view ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) let us see what will happen when transaction costs will rise to 0.30 , 0.60 , 0.90 USD per transaction ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fup.picr.de%2F22886566ar.png&t=665&c=V7_XRpt9p8-ORQ) if the transaction fees rises to that amount i think i wont be using bitcoin anymore for small transactions. This is what makes bitcoin great low or now fees at all
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knight22
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August 22, 2015, 06:25:29 AM |
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But still there are XT supporters try hard to promote Bitcoin XT. The war continues till January, 2016.
My opinion is we need to support Bitcoin Core - and any changes can made to Bitcoin Core only.
Agreed. Let's start by divorcing Core from Blockstream. That might save Bitcoin. Pretty much this.
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Mickeyb
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August 22, 2015, 07:55:51 AM |
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But still there are XT supporters try hard to promote Bitcoin XT. The war continues till January, 2016.
My opinion is we need to support Bitcoin Core - and any changes can made to Bitcoin Core only.
Agreed. Let's start by divorcing Core from Blockstream. That might save Bitcoin. Pretty much this. At the end there are about 20 major players that will decide this fight, not the nodes. Those are Chinese miners, major exchanges, Bitpay, etc.. For me, the worst thing would be to stall now and to wait until January 2016. We need a solution, we need a consensus. Especially now when this battle has started and the damage has already been done to the whole community. We need some kind, any kind of consensus so we can leave this behind and move forward.
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dserrano5
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August 22, 2015, 08:58:52 AM |
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let us see what will happen when transaction costs will rise to 0.30 , 0.60 , 0.90 USD per transaction ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) And we're not under a spam attack. "attack" != "real economic activity".
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Denker
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August 22, 2015, 09:14:22 AM |
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let us see what will happen when transaction costs will rise to 0.30 , 0.60 , 0.90 USD per transaction ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) And we're not under a spam attack. "attack" != "real economic activity". Very important point. I'm for bigger blocks as well but the coming stress test by coinwallet is an obvious attack on the network to force people to switch to clients who support bigger blocks. At the moment this is only XT.But XT and Hearn seems fishy to me. I hope we will find a solution with the core client to increase the blocksize.
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Carlton Banks
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August 22, 2015, 12:02:19 PM |
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At the end there are about 20 major players that will decide this fight, not the nodes. Those are Chinese miners, major exchanges, Bitpay, etc..
They can choose as they please. I'm not interested in what they do, myself. For me, the worst thing would be to stall now and to wait until January 2016. We need a solution, we need a consensus. Especially now when this battle has started and the damage has already been done to the whole community.
We need some kind, any kind of consensus so we can leave this behind and move forward.
Remember that blocks aren't full due to economic activity, as ably stated by dserrano above. The issue is only pressing because someone (who remains anonymous at present) wants to force the issue. Core devs would have perhaps another 12 months to come up with a long term solution if it were not for this unnatural pressurising.
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Vires in numeris
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NorrisK
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August 22, 2015, 12:08:35 PM |
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One moment of leveling off is enough to convince you that the nodes will start to drop like flies? I'm not so sure..
Also, there is still a lot of months to go for people to decide. It is not over for a long time..
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