Bitcoin Forum
May 05, 2024, 04:13:52 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 [26] 27 28 29 30 31 32 33 34 »
  Print  
Author Topic: .  (Read 24688 times)
bargainbin
Full Member
***
Offline Offline

Activity: 126
Merit: 100



View Profile
February 09, 2016, 07:19:28 PM
 #501

You can enlighten them, but it might take decades. Remember those genius who only get acknowledged after their death or even several hundred years later? Being too advanced is a disadvantage
Quote
If the block size debate has demonstrated anything, it's that there's a fundamental lack of understanding about how Bitcoin actually works. If you're going to the moon, would you like your spaceship built by a handful of informed engineers, or by the average tax payer?
Relevant quote.

Nah, what's going on here is a bunch of grasping careerists want to send Mercury-Redstone V1 buzzbomb to the moon, and Wernher told them "lol, ur stupit, NO."
Which brings up another point: comparing a few lines of code to rocket surgery.
No issues with galaxy-scale self-importance, nope.
P.S. Lauda, I'm yet to see a line of code from you. Til I do, am assuming you're one of the ignorant unwashed you love to shit on.
1714925632
Hero Member
*
Offline Offline

Posts: 1714925632

View Profile Personal Message (Offline)

Ignore
1714925632
Reply with quote  #2

1714925632
Report to moderator
The grue lurks in the darkest places of the earth. Its favorite diet is adventurers, but its insatiable appetite is tempered by its fear of light. No grue has ever been seen by the light of day, and few have survived its fearsome jaws to tell the tale.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1714925632
Hero Member
*
Offline Offline

Posts: 1714925632

View Profile Personal Message (Offline)

Ignore
1714925632
Reply with quote  #2

1714925632
Report to moderator
Lauda
Legendary
*
Offline Offline

Activity: 2674
Merit: 2965


Terminated.


View Profile WWW
February 09, 2016, 07:25:27 PM
 #502

If you want to go to moon, you need centralized NASA. But this is not how bitcoin works, in a decentralized system, knowledge is much less important than cooperation, without cooperation you are not going anywhere.
You don't need centralized NASA. You don't need anyone actually, just the means and the knowledge.
You can not reach consensus over a complicated idea since that is out of the reach of the comprehension of blind majority, thus it will get rejected
Just like everyone is rejecting Classic? Yes.

"The Times 03/Jan/2009 Chancellor on brink of second bailout for banks"
😼 Bitcoin Core (onion)
madjules007
Sr. Member
****
Offline Offline

Activity: 400
Merit: 250



View Profile
February 09, 2016, 08:06:08 PM
 #503


If we were in the Wall Observer thread, I'd say "fair game" but we're trying to discuss the likelihood of a chain fork and what level of risk in that context is justifiable.

And you do that by making a statement along the lines of "The keys of the kingdom to toomim"?

How is that a valid argument on a topic titled "Gavin proposes BIP for 2Mb...." (paraphrased) ?

A valid argument? You snipped 7 words from this post:

Why would you assume that? The most important thing to consider here is that miners are working off incomplete information. They don't really know how many nodes are running what implementation as it's very easy to run fake nodes. And it's nodes -- not hashing power -- that determine the validity of a blockchain. It's a more diverse and interesting question than most realize. Miners are pretty centralized. I think this is why Gavin is targeting them: it's much easier to trick a small number of highly centralized mining pools than it is to trick thousands of node operators. And if the 2MB implementation is capable of triggering the rule change based on hashing power (at 75% or whatever bullshit "democratic" threshold Gavin & Co. come up with -- 51%, etc.), then everyone else will crumble in submission, right?

Well...the dozen nodes that I run won't. The definition of "majority" and "minority" chain can change in a heartbeat; that's just a matter of miners temporarily pointing their hashing power at one chain or the other. It doesn't matter what Coinbase and Bitstamp say now, or where Bitfury points its hashing power. What really matters are the nodes that determine block validity, and what proportion of them enforce the new fork's consensus rules. Because if a significant proportion of them enforce the old rules, we will have an irreparable chain fork. These irrelevant musings about how a majority of hashing power will render all other blockchains instantly dead are amusing but not very informative. If nodes do not approach consensus, miners will have to choose which fork to built on top of. But, which one? All of the Classic/XT rhetoric says that a temporary majority of hashing power will surely solve everything. But what the hell does that have to do with nodes? What proof do you have that Classic nodes will comprise a majority of nodes -- simply because Bitfury and a few mining pools upgraded (if that happens at all)? Well, if a majority of nodes continue to enforce the 1MB rule, you may find quickly that the "majority chain" isn't a very meaningful phrase. It's all about validity. Miners will point their hashing power at the longest, valid chain. If it isn't clear which one is the longest valid chain (due to no clear consensus among nodes), we will have multiple blockchains and this will be irreconcilable. IMO, the most likely outcome of that is for mining farms to shut down en masse and for difficulty adjustment to drop significantly, as miners cannot risk expending resources to build on potentially invalid blockchains. The market would likely never recover -- probably rightfully so. For this to happen would mean that the only mechanism to enforce rules within the bitcoin protocol was broken, and all it took was the prodding of a loud minority.

By the way, you know that pre-fork coins could also be sold off on majority-fork exchanges? Particularly because early adopters might be a little pissed off at the commit keys for bitcoin's dominant implementation being in the hands of a junior dev who wants to make the question of inflating the money supply a democratic one (jtoomim). How do you know who controls millions of pre-fork coins? You can be sure that I'll be dumping everything the second Toomim gets the keys to the kingdom, and I know several likeminded people.

...And you're suggesting that "the keys of the kingdom to toomim" is the argument I'm making? Have you ever made an honest argument in your life?

You do realize that the intent of a successful hard fork is for all nodes to update to the new consensus rules? And that Gavin's intention, then, is for all nodes to update to Classic? Do you realize, further, that Toomim is the lead maintainer of Classic -- that he controls commit access, and that Core will obviously not control commit access to the dominant implementation in that case?

Never mind that I already explained that in a subsequent post, since your method of debate is to delete everything substantive your opponent says and take the one phrase that's left out of context.

██████████████████████
██████████████████████
██████████████████████
██████████████████████
██████████████████████
██████████████████████
██████████████████████
██████████████████████
██████████████████████
██████████████████████
██████████████████████
██████████████████████
██████████████████████
██████████████████████
RISE
franky1
Legendary
*
Offline Offline

Activity: 4214
Merit: 4470



View Profile
February 09, 2016, 08:21:34 PM
 #504

is this topic still the circle jerk of lauda and mad jules trying to claim that Classic is part of the debate.

lol

if CORE implemented gavins bip then where would these 2 twerks be,

so lets stick to the debate about 2mb proposal as a whole and not the crappy politics of band camps.

lauda said ages ago that bitcoin wont work with 2mb.. yet bitcoin now works on a raspberry pi. and as such normal home computers are atleast twice the capacity, speed, etc as a raspberry pi.. so that debunks the data center theory.

as for the internet speed theory. well millions of customers doing skype videocalls at 30mb every 10 minutes. (video's are real constant upload data sending your webcam video OUT), which debunks the theory of internet limitations theory too.

but what makes me laugh is the third theory that 2mb would make 5000 nodes turn into less.. yet they do not concede that segwits no witness mode will turn 5000 full nodes into less also.. because people are blindly told by the twerks that having no witness is still compatible, and nothing bad will happen

they have not considered that by increasing REAL capacity that more people will use bitcoin more regularly because they are no longer waiting upto an hour for a confirmation. and as such those people who used to power down their full nodes because currently they see no point in running a full node 24/7 to use it irregularly, will infact keep a full node powered up longer because they can use bitcoin more easily and more often multiple times a day, compared to maybe once a day.

i wait for them to claim "those that want to use regularly can just pay the fee" yet there are MANY examples that even with a fee, there is no guarantee of being part of the very next block. all because capacity needs to increase to make sure that all fee payers have room in the next block.

if they then claim that segwit is the capacity solution they have forgot that an average signatures (71byte) saving is eaten up by a cuple bytes for the flags. and then 40 extra bytes for the payment code changes of blockstreams other features and other bytes added for things like lightning and sidechains.. so segwits capacity increase is just  bait and switch temporary patch, that doesnt last more then an couple months.. people want REAL capacity increases

I DO NOT TRADE OR ACT AS ESCROW ON THIS FORUM EVER.
Please do your own research & respect what is written here as both opinion & information gleaned from experience. many people replying with insults but no on-topic content substance, automatically are 'facepalmed' and yawned at
madjules007
Sr. Member
****
Offline Offline

Activity: 400
Merit: 250



View Profile
February 09, 2016, 08:33:09 PM
 #505

nor his comments that the block size limit was only a temporary measure.

Satoshi never said that block size limit was temporary measure. He only said that it can be increased when needed, thats exactly position of core devs and me personally (note he never said it should be removed).

Actually Satoshi seemed to be very much against block size bloat and did not even want namecoin on top of bitcoin.

Core developers are more inline with "Satoshi's vision" then Gavin, who wants to get rid of block limit altogether.

Not that I think its a valid argument, but I hate how Hearn and big-blockers try to hijack Satoshi and claim to speak for him.

Agreed, temporary was the wrong way to frame it. A need basis was what I was trying to convey. My personal view is that bitcoin's decentralized nature (i.e. self-validation) is integral to its function. Any technical issues, like blockchain bloat, should be measured against that. Centralization pressures are paramount to capacity issues, always -- if the whitepaper has anything to say about "Satoshi's vision," it's that.

██████████████████████
██████████████████████
██████████████████████
██████████████████████
██████████████████████
██████████████████████
██████████████████████
██████████████████████
██████████████████████
██████████████████████
██████████████████████
██████████████████████
██████████████████████
██████████████████████
RISE
madjules007
Sr. Member
****
Offline Offline

Activity: 400
Merit: 250



View Profile
February 09, 2016, 08:37:11 PM
 #506

Re: 'epic commentary' by spazo.

Complete non sequitor. 

2mb being an average page size means its a small payload.
Got nothing to do with gox or security whatsoever.

Downloading a web page is not comparable to uploading blockchain data to many peers on a constant basis. Bitcoin requires massive redundancy. Downloading web pages, or storing your coins on Gox, does not.

██████████████████████
██████████████████████
██████████████████████
██████████████████████
██████████████████████
██████████████████████
██████████████████████
██████████████████████
██████████████████████
██████████████████████
██████████████████████
██████████████████████
██████████████████████
██████████████████████
RISE
jonald_fyookball
Legendary
*
Offline Offline

Activity: 1302
Merit: 1004


Core dev leaves me neg feedback #abuse #political


View Profile
February 09, 2016, 08:47:17 PM
 #507

. Bitcoin requires massive redundancy.

So ?

franky1
Legendary
*
Offline Offline

Activity: 4214
Merit: 4470



View Profile
February 09, 2016, 08:57:51 PM
 #508


Downloading a web page is not comparable to uploading blockchain data to many peers on a constant basis. Bitcoin requires massive redundancy. Downloading web pages, or storing your coins on Gox, does not.

gavin should have used skype video calls as a better comparison to home user experience. because although domains can send out millions of webpages a day (their UPLOAD is millions of megabytes) to show the internet can cope.. a better analogy would be online gaming or skype video calls which is a larger user UPLOAD rate compared to bitcoin

I DO NOT TRADE OR ACT AS ESCROW ON THIS FORUM EVER.
Please do your own research & respect what is written here as both opinion & information gleaned from experience. many people replying with insults but no on-topic content substance, automatically are 'facepalmed' and yawned at
madjules007
Sr. Member
****
Offline Offline

Activity: 400
Merit: 250



View Profile
February 09, 2016, 10:06:11 PM
 #509

. Bitcoin requires massive redundancy.

So ?

So Gavin's comparison of bitcoin blocks to average web pages is completely inappropriate, and Nick Szabo's comparison to MT Gox is apt. Hence, epic meta commentary.

██████████████████████
██████████████████████
██████████████████████
██████████████████████
██████████████████████
██████████████████████
██████████████████████
██████████████████████
██████████████████████
██████████████████████
██████████████████████
██████████████████████
██████████████████████
██████████████████████
RISE
sAt0sHiFanClub
Hero Member
*****
Offline Offline

Activity: 546
Merit: 500


Warning: Confrmed Gavinista


View Profile WWW
February 09, 2016, 10:58:43 PM
 #510



A valid argument? You snipped 7 words from this post:

[snipity snip again]

...And you're suggesting that "the keys of the kingdom to toomim" is the argument I'm making? Have you ever made an honest argument in your life?


Are these supposed to be connected points?  Huh  OK - so you are not making the "toomim kingdom" argument....

Quote

You do realize that the intent of a successful hard fork is for all nodes to update to the new consensus rules? And that Gavin's intention, then, is for all nodes to update to Classic? Do you realize, further, that Toomim is the lead maintainer of Classic -- that he controls commit access, and that Core will obviously not control commit access to the dominant implementation in that case?

Never mind that I already explained that in a subsequent post, since your method of debate is to delete everything substantive your opponent says and take the one phrase that's left out of context.

... are you making a "toomim kingdom" argument now?   Huh srly, pick a point and be consistant.

To be honest, the amount of fucks I give for your 'arguments' tends to zero, I was only making a point concerning "ad-homs". You seemed concerned that I would resort to such a thing - Im pointing out that you have been hypocritically  personalising most of your classic-ignorance towards Gavin and jtoomim.

U still dont get it?

We must make money worse as a commodity if we wish to make it better as a medium of exchange
madjules007
Sr. Member
****
Offline Offline

Activity: 400
Merit: 250



View Profile
February 09, 2016, 11:24:05 PM
Last edit: February 09, 2016, 11:34:12 PM by madjules007
 #511

For context:


If we were in the Wall Observer thread, I'd say "fair game" but we're trying to discuss the likelihood of a chain fork and what level of risk in that context is justifiable.

And you do that by making a statement along the lines of "The keys of the kingdom to toomim"?

How is that a valid argument
on a topic titled "Gavin proposes BIP for 2Mb...." (paraphrased) ?


A valid argument? You snipped 7 words from this post:

Why would you assume that? The most important thing to consider here is that miners are working off incomplete information. They don't really know how many nodes are running what implementation as it's very easy to run fake nodes. And it's nodes -- not hashing power -- that determine the validity of a blockchain. It's a more diverse and interesting question than most realize. Miners are pretty centralized. I think this is why Gavin is targeting them: it's much easier to trick a small number of highly centralized mining pools than it is to trick thousands of node operators. And if the 2MB implementation is capable of triggering the rule change based on hashing power (at 75% or whatever bullshit "democratic" threshold Gavin & Co. come up with -- 51%, etc.), then everyone else will crumble in submission, right?

Well...the dozen nodes that I run won't. The definition of "majority" and "minority" chain can change in a heartbeat; that's just a matter of miners temporarily pointing their hashing power at one chain or the other. It doesn't matter what Coinbase and Bitstamp say now, or where Bitfury points its hashing power. What really matters are the nodes that determine block validity, and what proportion of them enforce the new fork's consensus rules. Because if a significant proportion of them enforce the old rules, we will have an irreparable chain fork. These irrelevant musings about how a majority of hashing power will render all other blockchains instantly dead are amusing but not very informative. If nodes do not approach consensus, miners will have to choose which fork to built on top of. But, which one? All of the Classic/XT rhetoric says that a temporary majority of hashing power will surely solve everything. But what the hell does that have to do with nodes? What proof do you have that Classic nodes will comprise a majority of nodes -- simply because Bitfury and a few mining pools upgraded (if that happens at all)? Well, if a majority of nodes continue to enforce the 1MB rule, you may find quickly that the "majority chain" isn't a very meaningful phrase. It's all about validity. Miners will point their hashing power at the longest, valid chain. If it isn't clear which one is the longest valid chain (due to no clear consensus among nodes), we will have multiple blockchains and this will be irreconcilable. IMO, the most likely outcome of that is for mining farms to shut down en masse and for difficulty adjustment to drop significantly, as miners cannot risk expending resources to build on potentially invalid blockchains. The market would likely never recover -- probably rightfully so. For this to happen would mean that the only mechanism to enforce rules within the bitcoin protocol was broken, and all it took was the prodding of a loud minority.

By the way, you know that pre-fork coins could also be sold off on majority-fork exchanges? Particularly because early adopters might be a little pissed off at the commit keys for bitcoin's dominant implementation being in the hands of a junior dev who wants to make the question of inflating the money supply a democratic one (jtoomim). How do you know who controls millions of pre-fork coins? You can be sure that I'll be dumping everything the second Toomim gets the keys to the kingdom, and I know several likeminded people.

...And you're suggesting that "the keys of the kingdom to toomim" is the argument I'm making? Have you ever made an honest argument in your life?


... are you making a "toomim kingdom" argument now?   Huh srly, pick a point and be consistant.

To be honest, the amount of fucks I give for your 'arguments' tends to zero, I was only making a point concerning "ad-homs". You seemed concerned that I would resort to such a thing - Im pointing out that you have been hypocritically  personalising most of your classic-ignorance towards Gavin and jtoomim.

U still dont get it?


Are you suggesting that jtoomim is not the lead maintainer? Are you playing ignorant regarding the definition of a hard fork?

I have been consistent. Please show otherwise. You've never addressed anything I've said. How have I been hypocritical? How have I been ignorant? The burden is on you to actually show how that's true -- otherwise, as usual, you're just talking shit.

██████████████████████
██████████████████████
██████████████████████
██████████████████████
██████████████████████
██████████████████████
██████████████████████
██████████████████████
██████████████████████
██████████████████████
██████████████████████
██████████████████████
██████████████████████
██████████████████████
RISE
jonald_fyookball
Legendary
*
Offline Offline

Activity: 1302
Merit: 1004


Core dev leaves me neg feedback #abuse #political


View Profile
February 09, 2016, 11:57:18 PM
 #512

. Bitcoin requires massive redundancy.

So ?

So Gavin's comparison of bitcoin blocks to average web pages is completely inappropriate, and Nick Szabo's comparison to MT Gox is apt. Hence, epic meta commentary.

That's not how it works.

Nodes relay information to other nodes but one node doesn't need to broadcast to the entire network!
The burden of 'massive redundancy' you speak of is distributed across the thousands of nodes,
each responsible for communication with other nodes.



gmaxwell
Staff
Legendary
*
Offline Offline

Activity: 4158
Merit: 8382



View Profile WWW
February 10, 2016, 12:08:34 AM
Last edit: February 10, 2016, 12:18:55 AM by gmaxwell
 #513

That's not how it works.

Nodes relay information to other nodes but one node doesn't need to broadcast to the entire network!
The burden of 'massive redundancy' you speak of is distributed across the thousands of nodes,
each responsible for communication with other nodes.
Wow. Now I understand why you're so confused about this blocksize issue.  That _is_ how it works.

Every node in the network must receive and process every transaction in every block. There is no distribution or sharing of that load.

Are you suggesting that jtoomim is not the lead maintainer? Are you playing ignorant regarding the definition of a hard fork?
I don't think classic has been very transparent about its governance. Jtoomim is supposedly lead maintainer, but if you look in the repository he has only made a few small changes and not done much merging. Meanwhile, the project was supposedly created with extensive involvement with people at cryptsy but they seem to have backed out and been removed from the site; ... and Jeff Garzik had one of his change requests summarily overridden and closed by Olivier Janssens. Beyond non-developers with commit access like Olivier there are also many commits being made by people I've never heard of before such as "rusty-loy". None of the membership of the project appears to be public.
franky1
Legendary
*
Offline Offline

Activity: 4214
Merit: 4470



View Profile
February 10, 2016, 12:12:48 AM
Last edit: February 10, 2016, 12:26:01 AM by franky1
 #514

. Bitcoin requires massive redundancy.

So ?

So Gavin's comparison of bitcoin blocks to average web pages is completely inappropriate, and Nick Szabo's comparison to MT Gox is apt. Hence, epic meta commentary.

That's not how it works.

Nodes relay information to other nodes but one node doesn't need to broadcast to the entire network!
The burden of 'massive' redundancy' you speak of is distributed across the thousands of nodes.


relax.. its people like madjules and lauda that think bitcoin needs datacentres with 6000 connections. they dont see the logic of things like the '7 degree's of separation'
EG
7 node that connect to 7 separate nodes each (meaning 7 layers each multiplying by 7 and each sprouting out by 7 (77)) is over 800,000 different possible nodes connected to the same network.

it does not require each node having 5000 connections, but 6 connections minimum to form a good bitcoin network to allow for the fullnodes to receive data.. and for supernodes (and miners) they can add the main 16 mining nodes to ensure fast propagation direct to miners (to help the fastest first race) and a few other nodes to propagate out to the community. something at a minimum of 22+ connections is acceptable as being the minimum of miners and those that deem themselves important for the blockheight race of miners(rather than the later sync of archival data)

I DO NOT TRADE OR ACT AS ESCROW ON THIS FORUM EVER.
Please do your own research & respect what is written here as both opinion & information gleaned from experience. many people replying with insults but no on-topic content substance, automatically are 'facepalmed' and yawned at
HostFat
Staff
Legendary
*
Offline Offline

Activity: 4214
Merit: 1203


I support freedom of choice


View Profile WWW
February 10, 2016, 12:16:46 AM
 #515

Every node in the network must receive and process every transaction in every block. There is no distribution or sharing of that load.
This isn't the part of Bitcoin that they are talking about.
They aren't talking about processing the data that they are receiving, they are talking about spreading to other nodes these data.
Nodes doesn't need to process data again and again for every other nodes that they connect to, and mostly not with every possible node.

NON DO ASSISTENZA PRIVATA - http://hostfatmind.com
jonald_fyookball
Legendary
*
Offline Offline

Activity: 1302
Merit: 1004


Core dev leaves me neg feedback #abuse #political


View Profile
February 10, 2016, 12:24:38 AM
 #516

Every node in the network must receive and process every transaction in every block. There is no distribution or sharing of that load.
This isn't the part of Bitcoin that they are talking about.
They aren't talking about processing the data that they are receiving, they are talking about spreading to other nodes these data.
Nodes doesn't need to process data again and again for every other nodes that they connect to, and mostly not with every possible node.

Correct.  And the fact that each node processes blocks makes the processing redundant but doesnt increase demands on individual nodes.  I think Greg knows full well what I meant. It raises an eyebrow at the intentions of his posts.

HostFat
Staff
Legendary
*
Offline Offline

Activity: 4214
Merit: 1203


I support freedom of choice


View Profile WWW
February 10, 2016, 12:43:42 AM
 #517

Maybe he just read it too faster

NON DO ASSISTENZA PRIVATA - http://hostfatmind.com
BlindMayorBitcorn
Legendary
*
Offline Offline

Activity: 1260
Merit: 1115



View Profile
February 10, 2016, 12:46:10 AM
Last edit: February 10, 2016, 01:32:53 AM by BlindMayorBitcorn
 #518

I think we should probably all agree going forward to assume that everybody here has the best of intentions.

https://en.wikipedia.org/wiki/Principle_of_charity

Just sayin'.

In fact, I'd like to formally invite gmaxwell to my Blockstream thread. I think it's time to give not war an opportunity.

For Heaven's sake!



Forgive my petulance and oft-times, I fear, ill-founded criticisms, and forgive me that I have, by this time, made your eyes and head ache with my long letter. But I cannot forgo hastily the pleasure and pride of thus conversing with you.
madjules007
Sr. Member
****
Offline Offline

Activity: 400
Merit: 250



View Profile
February 10, 2016, 05:35:35 AM
 #519

Every node in the network must receive and process every transaction in every block. There is no distribution or sharing of that load.
This isn't the part of Bitcoin that they are talking about.
They aren't talking about processing the data that they are receiving, they are talking about spreading to other nodes these data.
Nodes doesn't need to process data again and again for every other nodes that they connect to, and mostly not with every possible node.

Correct.  And the fact that each node processes blocks makes the processing redundant but doesnt increase demands on individual nodes.  I think Greg knows full well what I meant. It raises an eyebrow at the intentions of his posts.

Increase demands relative to what? Huh

What "part of bitcoin" are we talking about? Think about what you guys are saying. If every node did not need to receive and process every transaction in every block, and that load was distributed, why would nodes be propagating data to other nodes at all? If a node is not self-validating, it is necessarily depending on trusted third parties, so any data it propagates is worthless (e.g. SPV). Self-validation is inextricably linked to the idea that peers are propagating data to one another.

The entire point is that self-validating and propagating each block to many peers is quite redundant, and requires far more resources than, say, downloading a web page.

Hence, epic meta commentary.

██████████████████████
██████████████████████
██████████████████████
██████████████████████
██████████████████████
██████████████████████
██████████████████████
██████████████████████
██████████████████████
██████████████████████
██████████████████████
██████████████████████
██████████████████████
██████████████████████
RISE
jonald_fyookball
Legendary
*
Offline Offline

Activity: 1302
Merit: 1004


Core dev leaves me neg feedback #abuse #political


View Profile
February 10, 2016, 06:02:03 AM
 #520

Every node in the network must receive and process every transaction in every block. There is no distribution or sharing of that load.
This isn't the part of Bitcoin that they are talking about.
They aren't talking about processing the data that they are receiving, they are talking about spreading to other nodes these data.
Nodes doesn't need to process data again and again for every other nodes that they connect to, and mostly not with every possible node.

Correct.  And the fact that each node processes blocks makes the processing redundant but doesnt increase demands on individual nodes.  I think Greg knows full well what I meant. It raises an eyebrow at the intentions of his posts.

Increase demands relative to what? Huh

What "part of bitcoin" are we talking about? Think about what you guys are saying. If every node did not need to receive and process every transaction in every block, and that load was distributed, why would nodes be propagating data to other nodes at all? If a node is not self-validating, it is necessarily depending on trusted third parties, so any data it propagates is worthless (e.g. SPV). Self-validation is inextricably linked to the idea that peers are propagating data to one another.

The entire point is that self-validating and propagating each block to many peers is quite redundant, and requires far more resources than, say, downloading a web page.

Hence, epic meta commentary.

So now we went from 'massively' redundant to 'quite' redundant.  Ok.

Yes nodes have to validate, that is a good point.
But we still get the multiplier effect where information gets propagated
exponentially.  Also we have the relay networks.  Greg is so fond of
pointing these out in the context of the fee market discussion where
it serves his arguments about the lack of orphaning risk, so why ignore
them here when they can help propagation?

Regardless, 2mb is still small when it comes to internet bandwidth.
(You initally made it sound like 2mb would have to be uploaded thousands of
times by a single node.)


Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 [26] 27 28 29 30 31 32 33 34 »
  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!