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Author Topic: Is classic dead at last?  (Read 1425 times)
blunderer
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March 23, 2016, 03:10:51 PM
 #21

I think the Classic code doesn't get withdrawn for another year, and we have a long ways to go.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

If we allow that the dev team's actions influence the price, and the price fails to meet expectations, ...seems plausible.
The whole thing's pretty politicized, so switching to Classic is not necessarily a vote for Classic being technically supperior, more like a vote against Core -- against the status quo, against the tactics used to suppress Classic, etc.
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March 23, 2016, 03:27:42 PM
 #22

Number of blocks is reported as 6%. Hash power is reported as under 4%.

I guess it is dead now that it is considered to be an altcoin. Smiley

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blunderer
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March 23, 2016, 03:33:51 PM
 #23

Number of blocks is reported as 6%. Hash power is reported as under 4%.
*6.2%, goin' up Smiley
https://coin.dance/nodes
>Hash power is reported as under 4%
Reported by what site? How is hash power data collected/calculated?
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March 23, 2016, 03:46:59 PM
 #24


Reported by what site? How is hash power data collected/calculated?

I saw the table on coin dance - no idea how they calculated it, and a quick look doesn't reveal the table. I ran a google search, and it seems some sites are reporting classic hash rates as ovewr 60%, which is clearly not the case. I guess obfuscation still rules. Smiley

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blunderer
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March 23, 2016, 04:03:51 PM
 #25

Classic broke Bitcoin & is now mining 6.2% of the blocks with less than 4% hashpower; doesn't want the world to know.
I'm totally not crying now, BTW.

It's OK to cry Smiley
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March 23, 2016, 04:38:34 PM
 #26


Reported by what site? How is hash power data collected/calculated?

I saw the table on coin dance - no idea how they calculated it, and a quick look doesn't reveal the table. I ran a google search, and it seems some sites are reporting classic hash rates as ovewr 60%, which is clearly not the case. I guess obfuscation still rules. Smiley

That's probably pool operator's opinion.

when all pools give the choice to individuals miners we will see the real support.

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March 23, 2016, 04:41:57 PM
 #27

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

The last time there was a big price drop (following Mike Hearn's blogpost), the miners hurriedly put out a statement that they would consider Classic.

If they think Classic will lead to price rises, they'll switch.

 
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BTCLovingDude
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March 24, 2016, 01:44:26 PM
 #28

.....
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*.

thanks for the explanation. but you explained it the other way around. i know that.

let me rephrase my question like this:
- 6 out of 1000 was mined by classic (i don't know how to check this, was stated above)
- blocks mined by classic "are allowed to" be 2 MB
- core or block size <1MB is still at large/official blockchain or whatever you want to call it

now what has happened to those 6 blocks? orphan or existing on a fork or included on blockchain

--looking for signature--
blunderer
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March 24, 2016, 02:05:37 PM
 #29

.....
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*.

thanks for the explanation. but you explained it the other way around. i know that.

let me rephrase my question like this:
- 6 out of 1000 was mined by classic (i don't know how to check this, was stated above)
- blocks mined by classic "are allowed to" be 2 MB
- core or block size <1MB is still at large/official blockchain or whatever you want to call it

now what has happened to those 6 blocks? orphan or existing on a fork or included on blockchain
>6 out of 1000
*64 out of 1000, Now 68 Shocked out of 1000. up uP UP!! Smiley
>don't know how to check that
1. Go to https://coin.dance/nodes
2. Scroll down to

3. Mouse over & click one of the purple/magenta blocks
4. Click
5. Voila!

To the rest, I'm not sure I understand. Could you rephrase it as a question?

raid_n
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March 24, 2016, 02:43:19 PM
 #30

BTCLovingDude,

you should really look more into how bitcoin and the blockchain works.
The "classic" blocks are within the blockchain as they adhere to the same consensus rules set forth by core.

To give you a bad analogy:

Think of clients as TVs that receive a data stream and decode it. Now if your TV can only decode material in say 720p and it receives a 4k stream it will not be able to display it.

Similarly full nodes perceive new blocks and validate them based on the rules set forth in their programming.
To complete the analogy a core node would understand and be able to decode a 720p signal regardless of whether it came from a "core" sender or a "classic" sender.
However the moment it receives a 4k signal it will not accept it and say it is invalid, only other classic nodes would consider the 4k signal valid.

In effect the network (as it is decentralized each node - or keeping with the analogy, every TV set - makes the decision for itself) would fork as a part of the clients say "this block (4k signal) is valid" while others say "this block is garbage that I don't recognize".

Here is the important part: As long as a classic node does not mine a large block (e.g. send the 4k signal) but sticks to what everyone understands (720p) it will be accepted by both types of clients.
By labelling mined blocks as "classic", miners are showing that they support these changes in the underlying consensus rules (such as bigger blocks).

The idea is to find agreement beforehand so that ideally everyone, or at least a vast majority of miners and full nodes, accept the changes by running a client that supports them.

By the way it is not 6 but > 60 blocks or else it would be 0.6%










tobacco123
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April 10, 2016, 05:54:52 PM
 #31

Current number of blocks mined is only 4.8%. Still a long way to be successful but still not dead yet!

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