Bitcoin Forum
June 15, 2024, 03:27:51 PM *
News: Voting for pizza day contest
 
   Home   Help Search Login Register More  
Pages: « 1 [2]  All
  Print  
Author Topic: We touch the 4 tx per second !  (Read 1409 times)
johnyj
Legendary
*
Offline Offline

Activity: 1988
Merit: 1012


Beyond Imagination


View Profile
January 28, 2016, 06:10:59 PM
 #21

Transaction fees will have a lot of room to rise before it really becomes a concern, and by that time I guess most of the large service providers would have already be running some sort of clearing solutions

LN is believed to be a good on-chain solution, but it will also take a lot of time to code and especially reach consensus to use it, which is the most difficult part, because LN will cause centralization of knowledge unless it is widely understood like bitcoin

interbtc
Sr. Member
****
Offline Offline

Activity: 451
Merit: 250


View Profile
January 28, 2016, 06:56:01 PM
 #22

I'm not to happy getting closer to the limit but it's good we are gaining popularity.

True, we need immediate action on this block size issue. Otherwise we'll catch a halt. What's the consensus on this again?



Yes we do. Big miners will be the only one profiting from clogging. They will be the ones picking up higher transaction fees that will
be needed to pay in order for your transaction to get through in a timely fashion.
Amph
Legendary
*
Offline Offline

Activity: 3206
Merit: 1069



View Profile
January 28, 2016, 06:58:51 PM
 #23

Transaction fees will have a lot of room to rise before it really becomes a concern, and by that time I guess most of the large service providers would have already be running some sort of clearing solutions

LN is believed to be a good on-chain solution, but it will also take a lot of time to code and especially reach consensus to use it, which is the most difficult part, because LN will cause centralization of knowledge unless it is widely understood like bitcoin

i think a simple solution would be to reduce the minimum fee to 1k, because miners don't need the fee to be more than 80x what they are now, to have the same profit they are getting from the mining reward
ingiltere
Legendary
*
Offline Offline

Activity: 3024
Merit: 1510



View Profile
January 28, 2016, 08:26:47 PM
 #24

But some big pools still don't accept any Tx's. We should do something about these Chinese pools. Otherwise delayed payments are not healthy for usable Bitcoin economy. I want to use my coins in marketplaces without any delay.

ive notices AntPool doing alot of blocks of 0.2mb and 0.7mb on regular occassions..        but they are in iceland.
do they get included in your "lets do something" or are you just blaming the chinese

I'm talking about any pool that reject Tx's. It's not a racist statement, if an Iceland mining pool reject then boycott them, too.
They harm Bitcoin network.
Kakmakr
Legendary
*
Offline Offline

Activity: 3458
Merit: 1961

Leading Crypto Sports Betting & Casino Platform


View Profile
January 29, 2016, 06:42:57 AM
 #25

Not to worry, Gavin the knight on the white horse has just introduced his latest Bip proposal for a 2MB block size hard fork and will most probably be the savior of Bitcoin. He also has his eye on the throne and cannot wait for the King to die.

He will surround himself with his fellow knights, Sir Mike Hearn and Sir Long and they will live happily ever after. How does that sound? All our scalability issues will be a thing of the past. ^ffs^

..Stake.com..   ▄████████████████████████████████████▄
   ██ ▄▄▄▄▄▄▄▄▄▄            ▄▄▄▄▄▄▄▄▄▄ ██  ▄████▄
   ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██  ██████
   ██ ██████████ ██      ██ ██████████ ██   ▀██▀
   ██ ██      ██ ██████  ██ ██      ██ ██    ██
   ██ ██████  ██ █████  ███ ██████  ██ ████▄ ██
   ██ █████  ███ ████  ████ █████  ███ ████████
   ██ ████  ████ ██████████ ████  ████ ████▀
   ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██
   ██            ▀▀▀▀▀▀▀▀▀▀            ██ 
   ▀█████████▀ ▄████████████▄ ▀█████████▀
  ▄▄▄▄▄▄▄▄▄▄▄▄███  ██  ██  ███▄▄▄▄▄▄▄▄▄▄▄▄
 ██████████████████████████████████████████
▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄
█  ▄▀▄             █▀▀█▀▄▄
█  █▀█             █  ▐  ▐▌
█       ▄██▄       █  ▌  █
█     ▄██████▄     █  ▌ ▐▌
█    ██████████    █ ▐  █
█   ▐██████████▌   █ ▐ ▐▌
█    ▀▀██████▀▀    █ ▌ █
█     ▄▄▄██▄▄▄     █ ▌▐▌
█                  █▐ █
█                  █▐▐▌
█                  █▐█
▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█
▄▄█████████▄▄
▄██▀▀▀▀█████▀▀▀▀██▄
▄█▀       ▐█▌       ▀█▄
██         ▐█▌         ██
████▄     ▄█████▄     ▄████
████████▄███████████▄████████
███▀    █████████████    ▀███
██       ███████████       ██
▀█▄       █████████       ▄█▀
▀█▄    ▄██▀▀▀▀▀▀▀██▄  ▄▄▄█▀
▀███████         ███████▀
▀█████▄       ▄█████▀
▀▀▀███▄▄▄███▀▀▀
..PLAY NOW..
Pages: « 1 [2]  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!