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Author Topic: Percentage of XT nodes...  (Read 1806 times)
g-unit (OP)
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September 01, 2015, 06:18:37 PM
 #1

...has fallen over the past few/several days. Seemed it was slowly creeping up to 15% but has fallen back to around 13%. This made me think...

How do you think this will affect the price if:

XT doesn't catch on and it becomes evident we will never hit 75% as we approach January?

XT catches on and appears to have a good shot as we approach January?

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September 01, 2015, 07:12:38 PM
 #2

I~m sorta out of the loop with the whole XT news and everything and the bitcoin split.

Which only tells me that most probably havent gotten or bother to download the XT? like me, which is why there is less nodes right?
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September 01, 2015, 07:27:49 PM
 #3

The zealous ones got bored, and it became pretty clear that miners want BIP100.
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September 01, 2015, 09:56:26 PM
 #4

according to bitnodes.io the amount of xt nodes has fallen below 800 currently. i think they will decrease even further as their sever trials slowly expire.
ashour
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September 01, 2015, 10:21:03 PM
 #5

No big surprise at all, most people predicted that the node number would fall since most node were running on free trial VPS's.
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September 01, 2015, 10:21:19 PM
 #6

I don't think xt is ever going to get those 75% they desire, but on another hand ; what's stopping them from releasing a client that doesn't have that 75% requirement,
but rather 15 or 20%. It would definetly shake up the price even more.. Let's just hope this goes away before we get near the halving, or we won't have 400+ prices next year for sure.


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notme
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September 01, 2015, 10:23:52 PM
 #7

I don't think xt is ever going to get those 75% they desire, but on another hand ; what's stopping them from releasing a client that doesn't have that 75% requirement,
but rather 15 or 20%. It would definetly shake up the price even more.. Let's just hope this goes away before we get near the halving, or we won't have 400+ prices next year for sure.

Because a requirement less than 50% would put them on a shorter fork.

https://www.bitcoin.org/bitcoin.pdf
While no idea is perfect, some ideas are useful.
MasterYii
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September 02, 2015, 01:49:03 AM
 #8

so are we going to have to switch or not?

im a bit confused with whats what now lol. although I rather just stick with the normal bitcoin qt client i already am satisfied with..
g-unit (OP)
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September 02, 2015, 11:44:44 AM
 #9

It has to be at least 50% so they could technically lower the threshold to 51%.
Monopoly
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September 02, 2015, 12:40:43 PM
 #10

...has fallen over the past few/several days. Seemed it was slowly creeping up to 15% but has fallen back to around 13%. This made me think...

XT doesn't catch on and it becomes evident we will never hit 75% as we approach January?


What will happened if xt nodes hit 75% after January 2016 ?
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September 02, 2015, 04:20:58 PM
 #11

so are we going to have to switch or not?

im a bit confused with whats what now lol. although I rather just stick with the normal bitcoin qt client i already am satisfied with..

I dont think you need to switch over from Qt. Nothing will really come of XT (block size or price, it will have no lasting effect), we're just getting the weak hands scared to get these cheap, cheap bitcoin. We'll be laughing about this block drama by May.

For anyone out of the loop: we need bigger blocks, now or very soon. Since there's no automatic block size increase in the bitcoin protocol, there is some drama surrounding the need for blocks. There's several proposals, most of them starting with BIP. One is for 8MB blocks, one for increase dictated by the miners (with a max increase to 32MB) and another is an 8GB limit. It seems like the majority agrees (over 72% of... something. miners? nodes? I'm pretty sure it's miners) that we need bigger block. We're just arguing over how much and by which method.

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September 02, 2015, 04:23:32 PM
 #12

Loads of fake nodes and multiple nodes coming from the same source. I assume they were intended to light a fire that never caught on. We'll see what happens with the upcoming scalability conference but it looks like they've run out of steam for now.
g-unit (OP)
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September 02, 2015, 04:25:16 PM
 #13

Loads of fake nodes and multiple nodes coming from the same source. I assume they were intended to light a fire that never caught on. We'll see what happens with the upcoming scalability conference but it looks like they've run out of steam for now.

I did not realize this! Thanks! Makes sense now.
mrhelpful
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September 02, 2015, 06:28:46 PM
 #14

Loads of fake nodes and multiple nodes coming from the same source. I assume they were intended to light a fire that never caught on. We'll see what happens with the upcoming scalability conference but it looks like they've run out of steam for now.

so its safe to assume, that we still stick with the same bitcoin client?

Im aware of the whole situation, but I have yet to be proactive enough to go help out the merge.
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September 02, 2015, 07:30:38 PM
 #15

the xt nodes are dropping fast. there are now just over 600 live xt nodes. i think it will drop more as not many people show interest in installing it as they don't believe in it.
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September 02, 2015, 09:57:14 PM
 #16

its funny how people were going crazy how we needed a bitcoin split.

but if the overall sense arent even particpating to the nodes, then what the heck was the panic for then since most are going to stick with what they are using now..

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September 03, 2015, 04:12:49 AM
 #17

XT doesn't catch on and it becomes evident we will never hit 75% as we approach January?

XT was dead on arrival due to the "features" included in it.  75% was never going to happen.

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masterluc
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September 03, 2015, 05:52:32 AM
 #18

I don't have idea what does it mean, but i found most of them have Russian IP

https://bitcointalk.org/index.php?topic=1169494.0

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September 03, 2015, 07:26:43 AM
 #19

well it was expected, because thjose that were trying it were random full node guys, with the need to only see xt and not to support it, miners and merchants are not in favor of it(bitpay is the only one if i'm right), any other outcome was unlikely
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September 03, 2015, 02:10:27 PM
 #20

So what happens if Core remains? The current blocks will get fuller and fuller as the user base continues to grow.
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