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Question: What happens first:
New ATH - 43 (69.4%)
<$60,000 - 19 (30.6%)
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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26370851 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (174 posts by 3 users with 9 merit deleted.)
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September 07, 2015, 07:02:10 AM

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September 07, 2015, 07:58:29 AM
Last edit: September 07, 2015, 08:16:51 AM by hdbuck

I have not done anything regarding this. I told you the two reasons for this in my previous post. (The post you are responding to.)

1: Gavin have talked about statistical distribution of confirmations before.
2: Somebody are working on tree chains, which I think is related to the same, but I'm not sure.

The ideas are out there. I think Core devs Gavin & Jeff are capable of handling this shit, but Core boss Wladimir is just too scared to make any decitions or point in any direction.

If I don't see any development in this area in 6 months, I will probably contact Gavin to propose a deterministic distribution of transaction confirmations. But I do think fresher brains than mine are woring at it now. So I don't worry too much about bitcoin scaling.

I don't understand what you mean by your puff and pass remark. Probably a language thing, as I am from Norway.  Wink

Sorry for being glib. It's more a product of my own frustration with the progress (or lack thereof).

You may be thinking of IBLT?

Probably don't need to remind Gavin, he made a nice gist about it.
https://gist.github.com/gavinandresen/e20c3b5a1d4b97f79ac2

I gotcha Wink

He he, no problem. And I don't even know what glib means!

Can you give me the short version of what IBLT is? (Clicked the link, but too drunk to read many letters, ha ha ha)

Anyway, don't worry about bitcoin scaling, it's not very difficult to scale. The beauty of the power distribution is simply that the best code will be used!

CHEEEEEERS MATE!!!!  Grin

I'm sorry but you might as well drink more so that tomorrow you have forgotten all about the idea.

The problem of scaling is indeed not technically difficult at all. The problem resides in messing with Bitcoin's carefully incentives. It is not enough to enable miners to process more transactions, we have to consider what the costs are on the whole network.


"And I don't even know what glib means! ... the beauty of the power distribution is simply that the best code will be used" Roll Eyes


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September 07, 2015, 08:02:53 AM

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September 07, 2015, 09:02:17 AM

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Make Bitcoin glow with ENIAC


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September 07, 2015, 09:26:58 AM



Found a new way to announce your presence?
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September 07, 2015, 10:02:23 AM

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September 07, 2015, 10:09:41 AM

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September 07, 2015, 11:02:17 AM

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September 07, 2015, 12:02:09 PM

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September 07, 2015, 12:09:30 PM
Last edit: September 09, 2015, 11:57:01 AM by btccashacc

Up please  Grin
https://33.media.tumblr.com/f54c33624abd2e55eafdbc3e9645379d/tumblr_mzeb123g6w1so28vco1_500.gif

yess we hit 240$ next target 250$

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September 07, 2015, 12:41:17 PM

Come one, piglets, you can do it, one last pump... My staggered limit shorts are waiting for you! Grin
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September 07, 2015, 01:02:24 PM

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September 07, 2015, 01:34:03 PM

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September 07, 2015, 02:02:14 PM

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September 07, 2015, 03:02:09 PM

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September 07, 2015, 03:30:55 PM

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September 07, 2015, 03:43:14 PM


He just left r/Bitcoin. This does not mean he is leaving Bitcoin.So let's keep a sense of proportion.
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September 07, 2015, 03:56:09 PM


He just left r/Bitcoin. This does not mean he is leaving Bitcoin.So let's keep a sense of proportion.

I sold my sense of proportion during the Grexit pump. Undecided
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September 07, 2015, 04:02:13 PM

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September 07, 2015, 05:02:37 PM

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