Thanks to people who support 1-2 MB blocks - great idea u fools...

[brg444]

Isn't that the distributed model?  Too many possible points of control. It wont work for bitcoin - nodes need to have the choice of getting to any node to be worthwhile.

i disagree

as long as the network can re-adjust if they find a node is not behaving properly, this works just fine



we should look to get a decentralized model not distributed

Would you look at the picture you've just posted?

I can remove one little point and kill the whole network.

[1714630463]

1714630463

[1714630463]

1714630463

[adamstgBit]

Isn't that the distributed model?  Too many possible points of control. It wont work for bitcoin - nodes need to have the choice of getting to any node to be worthwhile.

i disagree

as long as the network can re-adjust if they find a node is not behaving properly, this works just fine



we should look to get a decentralized model not distributed

Would you look at the picture you've just posted?

I can remove one little point and kill the whole network.

first off you remove 1 one only part of the network goes down

second if a point is comprised a new one can take its place.

third this is just an example there might be a need for more than 1 point connecting to other parts of the network

point is a home node having 60+ peers is nutty

[adamstgBit]

more sexy network topology porn

[knight22]

What are the use cases of frictionless programmable money? Why is it important? Why do we need to put those transactions on the same block chain that provides us with censorship-proof money? Does frictionless programmable money require the overhead of a permanent distributed ledger?

It is important because it opens up new business and trade opportunities and can lift up the financial situation of people specially in times of financial crisis. Does frictionless programmable money require the overhead of a permanent distributed ledger? Well yes or unless you know any other kind of technology than can achieve this other than bitcoin?

Most things (possibly everything) come with a trade off. If creating a good frictionless programmable money harms the censorship resistance, which do we choose?

We choose both because bitcoin already does both and we should work toward that goal. Adding censorship adds a layer of friction and going offchain also adds frictions.

If bitcoin could scale from 0 to now by offering both then I don't see why it cannot continue to scale and still offering both.

[brg444]

first off you remove 1 one only part of the network goes down

second if a point is comprised a new one can take its place.

third this is just an example there might be a need for more than 1 point connecting to other parts of the network

point is a home node having 60+ peers is nutty

Here, with color :



I can't believe you've gone so far into the Bitcoin experiment and only now realize how inefficient the decentralized model is so you'd like us to change it because it doesn't fit your misconceptions of what Bitcoin should become. Truly disturbing.

[Holliday]

What are the use cases of frictionless programmable money? Why is it important? Why do we need to put those transactions on the same block chain that provides us with censorship-proof money? Does frictionless programmable money require the overhead of a permanent distributed ledger?

It is important because it opens up new business and trade opportunities and can lift up the financial situation of people specially in times of financial crisis. Does frictionless programmable money require the overhead of a permanent distributed ledger? Well yes or unless you know any other kind of technology than can achieve this other than bitcoin?

Most things (possibly everything) come with a trade off. If creating a good frictionless programmable money harms the censorship resistance, which do we choose?

We choose both because bitcoin already does both and we should work toward that goal. Adding censorship adds a layer of friction and going offchain also adds frictions.

If bitcoin could scale from 0 to now by offering both then I don't see why it cannot continue to scale and still offering both.

I guess I don't really understand the "frictionless" in frictionless programmable money. There are many kinds of friction I can think of, and it seems like you are just saying censorship-proof in a different way.

[brg444]

What are the use cases of frictionless programmable money? Why is it important? Why do we need to put those transactions on the same block chain that provides us with censorship-proof money? Does frictionless programmable money require the overhead of a permanent distributed ledger?

It is important because it opens up new business and trade opportunities and can lift up the financial situation of people specially in times of financial crisis. Does frictionless programmable money require the overhead of a permanent distributed ledger? Well yes or unless you know any other kind of technology than can achieve this other than bitcoin?

Most things (possibly everything) come with a trade off. If creating a good frictionless programmable money harms the censorship resistance, which do we choose?

We choose both because bitcoin already does both and we should work toward that goal. Adding censorship adds a layer of friction and going offchain also adds frictions.

If bitcoin could scale from 0 to now by offering both then I don't see why it cannot continue to scale and still offering both.

Because you suck at engineering. 

Bitcoin is first and foremost about censorship resistance and decentralization. The rest is bells and whistles.

[Holliday]

point is a home node having 60+ peers is nutty

Well... my goal was to share information with whomever asked for it without abusing the offer. Apparently that's crazy!

[adamstgBit]

[brg444]

point is a home node having 60+ peers is nutty

Well... my goal was to share information with whomever asked for it without abusing the offer. Apparently that's crazy!

You sir are a gentleman and a scholar. Thank you for your services.

That's the problem with most of the rugrats in here: they don't realize the sacrifices needed for the Bitcoin network to operate.

[Holliday]

I guess I don't really understand the "frictionless" in frictionless programmable money. There are many kinds of friction I can think of, and it seems like you are just saying censorship-proof in a different way.

I would even go so far as to say that Bitcoin is not frictionless at all. Fees, for example, are one type of friction which is going to be required in order to pay for network security.

Edit: Unless Heam's "network assurance contracts" of course!

[Holliday]

point is a home node having 60+ peers is nutty

Well... my goal was to share information with whomever asked for it without abusing the offer. Apparently that's crazy!

You sir are a gentleman and a scholar. Thank you for your services.

That's the problem with most of the rugrats in here: they don't realize the sacrifices needed for the Bitcoin network to operate.

Don't give me too much credit. Ultimately I run a node for selfish reasons. I want the Bitcoin network to be robust, so that I can take advantage of it should the need arise. I want that freedom to exist!

[adamstgBit]

point is a home node having 60+ peers is nutty

Well... my goal was to share information with whomever asked for it without abusing the offer. Apparently that's crazy!

it is!

you're probably forwarding TX's to all your peers most of whom probably already received those TX datas from the other 60+peers Their connected to.

we're in a league all our own.

[brg444]

point is a home node having 60+ peers is nutty

Well... my goal was to share information with whomever asked for it without abusing the offer. Apparently that's crazy!

it is!

you're probably forwarding TX's to all your peers most of whom probably already received those TX datas from the other 60+peers Their connected to.

and that sir is called resilience by redundancy

[adamstgBit]

point is a home node having 60+ peers is nutty

Well... my goal was to share information with whomever asked for it without abusing the offer. Apparently that's crazy!

it is!

you're probably forwarding TX's to all your peers most of whom probably already received those TX datas from the other 60+peers Their connected to.

and that sir is called resilience by redundancy

[brg444]

for all your frictionless programmable money needs:

http://www.stashcrypto.com/

[knight22]

point is a home node having 60+ peers is nutty

Well... my goal was to share information with whomever asked for it without abusing the offer. Apparently that's crazy!

it is!

you're probably forwarding TX's to all your peers most of whom probably already received those TX datas from the other 60+peers Their connected to.

and that sir is called resilience by redundancy

The only thing that needs redundancy is the blockchain. Broadcasting the same transaction twice is called inefficiencies.

[brg444]

point is a home node having 60+ peers is nutty

Well... my goal was to share information with whomever asked for it without abusing the offer. Apparently that's crazy!

it is!

you're probably forwarding TX's to all your peers most of whom probably already received those TX datas from the other 60+peers Their connected to.

and that sir is called resilience by redundancy

The only thing that needs redundancy is the blockchain. Broadcasting the same transaction twice is called inefficiencies.

Welp! Should've told Satoshi heh  

Seriously who do you think you noobs are giving engineering lessons to people when you are most clueless about how the system operates.  

[knight22]

point is a home node having 60+ peers is nutty

Well... my goal was to share information with whomever asked for it without abusing the offer. Apparently that's crazy!

it is!

you're probably forwarding TX's to all your peers most of whom probably already received those TX datas from the other 60+peers Their connected to.

and that sir is called resilience by redundancy

The only thing that needs redundancy is the blockchain. Broadcasting the same transaction twice is called inefficiencies.

Welp! Should've told Satoshi heh  

Seriously who do you think you noobs are giving engineering lessons to people when you are most clueless about how the system operates.  

Then go on and explain how broadcasting the same transaction twice increase resilience instead of making pointless post. 

[brg444]

point is a home node having 60+ peers is nutty

Well... my goal was to share information with whomever asked for it without abusing the offer. Apparently that's crazy!

it is!

you're probably forwarding TX's to all your peers most of whom probably already received those TX datas from the other 60+peers Their connected to.

and that sir is called resilience by redundancy

The only thing that needs redundancy is the blockchain. Broadcasting the same transaction twice is called inefficiencies.

Welp! Should've told Satoshi heh  

Seriously who do you think you noobs are giving engineering lessons to people when you are most clueless about how the system operates.  

Then go on and explain how broadcasting the same transaction twice increase resilience instead of making pointless post. 

Well first you'll have to explain where do you get the idea that transactions are broadcasted twice?