Bitcoin Forum
November 08, 2024, 02:21:52 AM *
News: Latest Bitcoin Core release: 28.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1] 2 »  All
  Print  
Author Topic: Is classic dead at last?  (Read 1421 times)
Jet Cash (OP)
Legendary
*
Offline Offline

Activity: 2814
Merit: 2472


https://JetCash.com


View Profile WWW
March 23, 2016, 11:43:40 AM
 #1

I've just looked at the coin dance stats, and it seems there are twice as many core nodes as there are classic nodes. Of the last 1,000 blocks, only 6% were classic blocks. This would seem to indicate that no miner would create a block greater than 1Mb in size, as it would be rejected. Does this mean we can get on with life, and start to re-build the confidence that classic has weakened.

Offgrid campers allow you to enjoy life and preserve your health and wealth.
Save old Cars - my project to save old cars from scrapage schemes, and to reduce the sale of new cars.
My new Bitcoin transfer address is - bc1q9gtz8e40en6glgxwk4eujuau2fk5wxrprs6fys
pedrog
Legendary
*
Offline Offline

Activity: 2786
Merit: 1031



View Profile
March 23, 2016, 11:47:24 AM
 #2

Those stats indicate the number of blocks with Classic version are increasing, also number of nodes.

Alternatives to Core will always exist and should so, relying in only one team is a recipe for disaster.

Having options is a good thing.

Mickeyb
Hero Member
*****
Offline Offline

Activity: 798
Merit: 1000

Move On !!!!!!


View Profile
March 23, 2016, 11:48:32 AM
 #3

Don't know about Classic itself but the hype around it and the shills do seems to be dying off
Jet Cash (OP)
Legendary
*
Offline Offline

Activity: 2814
Merit: 2472


https://JetCash.com


View Profile WWW
March 23, 2016, 11:57:33 AM
 #4

Only 3 miners seem to be supporting Classic. One of those is Slush - they seem to be mining several blocks that are under 512k, and some are under 100k. Why would they want 2Mb blocks?

Offgrid campers allow you to enjoy life and preserve your health and wealth.
Save old Cars - my project to save old cars from scrapage schemes, and to reduce the sale of new cars.
My new Bitcoin transfer address is - bc1q9gtz8e40en6glgxwk4eujuau2fk5wxrprs6fys
blunderer
Full Member
***
Offline Offline

Activity: 154
Merit: 100



View Profile
March 23, 2016, 12:00:28 PM
 #5

I've just looked at the coin dance stats, and it seems there are twice as many core nodes as there are classic nodes. Of the last 1,000 blocks, only 6% were classic blocks. This would seem to indicate that no miner would create a block greater than 1Mb in size, as it would be rejected. Does this mean we can get on with life, and start to re-build the confidence that classic has weakened.

If by "dead" you mean "growing every day," you're right on the money.
With 6% of the mined blocks being Classic, there's no way for Core to ever reach its self-imposed 95% consensus.
Because math Smiley
Jet Cash (OP)
Legendary
*
Offline Offline

Activity: 2814
Merit: 2472


https://JetCash.com


View Profile WWW
March 23, 2016, 12:03:01 PM
 #6

They seem to have under 4% of the hash power though.

Offgrid campers allow you to enjoy life and preserve your health and wealth.
Save old Cars - my project to save old cars from scrapage schemes, and to reduce the sale of new cars.
My new Bitcoin transfer address is - bc1q9gtz8e40en6glgxwk4eujuau2fk5wxrprs6fys
BTCLovingDude
Legendary
*
Offline Offline

Activity: 1134
Merit: 1010

BTC to the moon is inevitable...


View Profile WWW
March 23, 2016, 12:05:35 PM
 #7

that's what i though in the beginning.
it doesn't matter how much they hype up classic
it doesn't matter how much they attack each other DDOS of classic nodes
it doesn't matter how many nodes are there

only thing that matters is which one miners will support. just like bitcoinxt

--looking for signature--
blunderer
Full Member
***
Offline Offline

Activity: 154
Merit: 100



View Profile
March 23, 2016, 12:06:11 PM
 #8

They seem to have under 4% of the hash power though.

Facts say you're wrong Sad
Percentage of last 1000 blocks solved:


If you discovered a way to solve more blocks with less hashpower, I'm all ears Smiley
Amph
Legendary
*
Offline Offline

Activity: 3248
Merit: 1070



View Profile
March 23, 2016, 12:29:18 PM
Last edit: March 23, 2016, 12:41:09 PM by Amph
 #9

They seem to have under 4% of the hash power though.

Facts say you're wrong Sad
Percentage of last 1000 blocks solved:


If you discovered a way to solve more blocks with less hashpower, I'm all ears Smiley

well 6% is still nothing are they solving block at least?

edit i mean full block, not empty one
owm123
Sr. Member
****
Offline Offline

Activity: 392
Merit: 250


View Profile
March 23, 2016, 12:35:21 PM
 #10

Only 3 miners seem to be supporting Classic. One of those is Slush - they seem to be mining several blocks that are under 512k, and some are under 100k. Why would they want 2Mb blocks?

Maybe they dont like Blockstream controlling bitcoin development?

Bitcoin is NOT anonymous: http://www.bitcoinisnotanonymous.com
blunderer
Full Member
***
Offline Offline

Activity: 154
Merit: 100



View Profile
March 23, 2016, 12:39:05 PM
 #11

They seem to have under 4% of the hash power though.

Facts say you're wrong Sad
Percentage of last 1000 blocks solved:


If you discovered a way to solve more blocks with less hashpower, I'm all ears Smiley

well 6% is still nothing are they solving block at least?

>looks at a chart showing that 60 (6% of the last 1000) blocks have been solved by Classic
>asks if Classic is solving block
There's your problem right there.
Mickeyb
Hero Member
*****
Offline Offline

Activity: 798
Merit: 1000

Move On !!!!!!


View Profile
March 23, 2016, 12:40:08 PM
 #12

Don't know about Classic itself but the hype around it and the shills do seems to be dying off
Seems I was wrong. Two of them are already here as it seems
blunderer
Full Member
***
Offline Offline

Activity: 154
Merit: 100



View Profile
March 23, 2016, 12:47:30 PM
 #13

Don't know about Classic itself but the hype around it and the shills do seems to be dying off
Seems I was wrong. Two of them are already here as it seems

>post 3easily verifiable facts and statistics
>get called a shill


BTCLovingDude
Legendary
*
Offline Offline

Activity: 1134
Merit: 1010

BTC to the moon is inevitable...


View Profile WWW
March 23, 2016, 12:47:56 PM
 #14

They seem to have under 4% of the hash power though.

Facts say you're wrong Sad
Percentage of last 1000 blocks solved:


If you discovered a way to solve more blocks with less hashpower, I'm all ears Smiley

well 6% is still nothing are they solving block at least?

>looks at a chart showing that 60 (6% of the last 1000) blocks have been solved by Classic
>asks if Classic is solving block
There's your problem right there.

which blocks were mined by classic?

i mean are these blocks a part of the main bitcoin blockchain or are they orphan because they are different?
i am trying to understand how this is working since there are two different clients at work

--looking for signature--
DannyHamilton
Legendary
*
Offline Offline

Activity: 3486
Merit: 4816



View Profile
March 23, 2016, 01:00:42 PM
 #15

I guess it all depends on how you define "dead".

Personally, I'm still running a Classic node.

(I'm also running a Core node.  I don't actually care which one "wins", or if they both end up implementing each other's modifications.  By running both, I make sure that I'm not endorsing either, and I have experience with both to make it easier to answer questions and help people.)
blunderer
Full Member
***
Offline Offline

Activity: 154
Merit: 100



View Profile
March 23, 2016, 01:18:27 PM
 #16

They seem to have under 4% of the hash power though.

Facts say you're wrong Sad
Percentage of last 1000 blocks solved:


If you discovered a way to solve more blocks with less hashpower, I'm all ears Smiley

well 6% is still nothing are they solving block at least?

>looks at a chart showing that 60 (6% of the last 1000) blocks have been solved by Classic
>asks if Classic is solving block
There's your problem right there.

which blocks were mined by classic?

i mean are these blocks a part of the main bitcoin blockchain or are they orphan because they are different?
i am trying to understand how this is working since there are two different clients at work

The purplish magenta ones, the ones that say Classic. 6%
If you want to learn more about the thing you love, here's how that works:
Imagine Pepe, a bath salts dealer, accepts only folding money, while your favorite bath salts dealer, Shiv, accepts anything -- change, your watch, sexual favors, etc., etc.
Having stolen a 20-dollar bill from Granny, you'd think that you have to score from Pepe now, because he takes bills. But you'd be wrong -- Shiv accepts bills too, only he's also willing to accept ...other things. So having a twenty lets you score from Shiv AND from Pepe.

Core and Classic are like Pepe and Shiv, Core only accepts blocks that are < 1meg, while Classic is more accommodating, accepting blocks *up to* 2 megs.

This does not mean that Classic blocks *have to be 2 meg*, just like Core blocks don't have to be 1 meg. A miner can set his own limits on how big he wants his blocks to be, including mining *empty* blocks.

*I hope that sorta answers your question. TL;DR: Classic nodes accept a superset of Core, they simply *could* (are allowed to, though not obligated) mine blocks *up to 2 meg*.
pedrog
Legendary
*
Offline Offline

Activity: 2786
Merit: 1031



View Profile
March 23, 2016, 01:48:08 PM
 #17

Only 3 miners seem to be supporting Classic. One of those is Slush - they seem to be mining several blocks that are under 512k, and some are under 100k. Why would they want 2Mb blocks?

Why would anyone not want?

Anyway, here's Slush's take on this subject: https://medium.com/@slush/contentious-blocksize-wars-6fd7c07f9d90#.vznteg460

alyssa85
Legendary
*
Offline Offline

Activity: 1652
Merit: 1088

CryptoTalk.Org - Get Paid for every Post!


View Profile
March 23, 2016, 02:30:20 PM
 #18

I think the Classic code doesn't get withdrawn for another year, and we have a long ways to go.

My guess is that it depends very much on what happens to the price around the halvening. At the moment people are holding, waiting for the halvening. If there is a sell-off after that, then some miners will switch to classic out of panic.

 
                                . ██████████.
                              .████████████████.
                           .██████████████████████.
                        -█████████████████████████████
                     .██████████████████████████████████.
                  -█████████████████████████████████████████
               -███████████████████████████████████████████████
           .-█████████████████████████████████████████████████████.
        .████████████████████████████████████████████████████████████
       .██████████████████████████████████████████████████████████████.
       .██████████████████████████████████████████████████████████████.
       ..████████████████████████████████████████████████████████████..
       .   .██████████████████████████████████████████████████████.
       .      .████████████████████████████████████████████████.

       .       .██████████████████████████████████████████████
       .    ██████████████████████████████████████████████████████
       .█████████████████████████████████████████████████████████████.
        .███████████████████████████████████████████████████████████
           .█████████████████████████████████████████████████████
              .████████████████████████████████████████████████
                   ████████████████████████████████████████
                      ██████████████████████████████████
                          ██████████████████████████
                             ████████████████████
                               ████████████████
                                   █████████
.YoBit InvestBox.|.BUY X10 AND EARN 10% DAILY.🏆
Red-Apple
Hero Member
*****
Offline Offline

Activity: 1470
Merit: 655


View Profile
March 23, 2016, 02:40:36 PM
 #19

I think the Classic code doesn't get withdrawn for another year, and we have a long ways to go.

My guess is that it depends very much on what happens to the price around the halvening. At the moment people are holding, waiting for the halvening. If there is a sell-off after that, then some miners will switch to classic out of panic.

i really don't see how price can affect the decision of miners to switch to classic?

can you explain what is you reasoning for such speculation

--signature space for rent; sent PM--
BitcoinNewsMagazine
Legendary
*
Offline Offline

Activity: 1806
Merit: 1164



View Profile WWW
March 23, 2016, 03:06:21 PM
 #20

Until recently no Chinese mining pools have used Classic. This has changed as Discus Fish (f2pool) is now mining some Classic blocks:



This is huge. If other Chinese pools follow the lead of Discus Fish Classic could be adopted in a matter of months. It all depends on the remaining Chinese mining pools to make up their minds.

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!