nioc
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Activity: 1624
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December 30, 2015, 02:04:43 AM |
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Nice additional info ChartBuddy  |
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Bitcoin mining is now a specialized and very risky industry, just like gold mining. Amateur miners are unlikely to make much money, and may even lose money. Bitcoin is much more than just mining, though!
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Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
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peonminer
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December 30, 2015, 02:08:22 AM |
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Blocks are consistently far from being full! Blockpocalypse! You heard it here first! The sky is falling! We MUST switch to centralized Bitcoin and larger blocks!   |
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yefi
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Activity: 2842
Merit: 1510
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December 30, 2015, 02:09:19 AM |
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Bitcoin is not about community, it is about money. It's a good job too, looking at what dregs we have here. |
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Richy_T
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Activity: 2422
Merit: 2113
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
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December 30, 2015, 02:42:52 AM |
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Nice additional info ChartBuddy I need to rework it a little. |
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JayJuanGee
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Activity: 3696
Merit: 10157
Self-Custody is a right. Say no to"Non-custodial"
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December 30, 2015, 02:43:40 AM |
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Richy_T
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Activity: 2422
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1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
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December 30, 2015, 02:45:42 AM |
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Blocks are consistently far from being full!
This is true. We still have some time. But the nature of exponential growth means we will hit it fairly soon and hard. It will also start to be an issue before 100%. I'm not sure what the exact level would be but I'm thinking around 85% |
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billyjoeallen
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Activity: 1106
Merit: 1007
Hide your women
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December 30, 2015, 02:53:50 AM |
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Civil engineer: Hey, Boss. Traffic on the bridge is increasing by 50% per month. Shouldn't we widen it?
Bureaucrat: Ha! That bridge has excess capacity. If traffic gets too high, we'll just increase the tolls. Most of those schmucks don't really need to go anywhere anyway.
Civil engineer: Do we know that for sure? What if there is an evacuation or something?
Bureaucrat: That bridge was intentionally designed with low capacity to prevent invasions! Widening it would be a dangerous departure from historic bridge operations.
Civil Engineer: Aren't bridges supposed to be used to facilitate travel?
Bureaucrat: Yes, but only the right sort of travel. That's for me to decide! If traffic gets too heavy, and tolls get too expensive, the people can use buses. Too many single passenger cars anyway.
Civil engineer: Do you own a bus company?
Bureaucrat: Purely coincidental! I'm just guarding against bridgebuilder centralization.
Civil engineer: I see. No conflict of interest there. What's the name of your company anyway, Busstream?
Bureaucrat: BridgestreamTM, Smartass.
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ChartBuddy
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Activity: 2156
Merit: 1745
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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December 30, 2015, 03:00:27 AM |
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Cconvert2G36
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December 30, 2015, 03:06:43 AM |
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It's tough to get an accurate picture with a single number. Usually, the less than 10 min blocks are going to be smaller, and coinbase only blocks are going to be tiny. If you plan max capacity to avg capacity... you're going to have issues.  |
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suda123
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December 30, 2015, 03:24:55 AM |
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Civil engineer: Hey, Boss. Traffic on the bridge is increasing by 50% per month. Shouldn't we widen it?
Bureaucrat: Ha! That bridge has excess capacity. If traffic gets too high, we'll just increase the tolls. Most of those schmucks don't really need to go anywhere anyway.
Civil engineer: Do we know that for sure? What if there is an evacuation or something?
Bureaucrat: That bridge was intentionally designed with low capacity to prevent invasions! Widening it would be a dangerous departure from historic bridge operations.
Civil Engineer: Aren't bridges supposed to be used to facilitate travel?
Bureaucrat: Yes, but only the right sort of travel. That's for me to decide! If traffic gets too heavy, and tolls get too expensive, the people can use buses. Too many single passenger cars anyway.
Civil engineer: Do you own a bus company?
Bureaucrat: Purely coincidental! I'm just guarding against bridgebuilder centralization.
Civil engineer: I see. No conflict of interest there. What's the name of your company anyway, Busstream?
Bureaucrat: BridgestreamTM, Smartass.
Ahuwhauwhhauwhusushwusuhshshudisjsj can someone vouch if this is happening? |
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JayJuanGee
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Activity: 3696
Merit: 10157
Self-Custody is a right. Say no to"Non-custodial"
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December 30, 2015, 03:46:10 AM |
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Civil engineer: Hey, Boss. Traffic on the bridge is increasing by 50% per month. Shouldn't we widen it?
Bureaucrat: Ha! That bridge has excess capacity. If traffic gets too high, we'll just increase the tolls. Most of those schmucks don't really need to go anywhere anyway.
Civil engineer: Do we know that for sure? What if there is an evacuation or something?
Bureaucrat: That bridge was intentionally designed with low capacity to prevent invasions! Widening it would be a dangerous departure from historic bridge operations.
Civil Engineer: Aren't bridges supposed to be used to facilitate travel?
Bureaucrat: Yes, but only the right sort of travel. That's for me to decide! If traffic gets too heavy, and tolls get too expensive, the people can use buses. Too many single passenger cars anyway.
Civil engineer: Do you own a bus company?
Bureaucrat: Purely coincidental! I'm just guarding against bridgebuilder centralization.
Civil engineer: I see. No conflict of interest there. What's the name of your company anyway, Busstream?
Bureaucrat: BridgestreamTM, Smartass.
Ahuwhauwhhauwhusushwusuhshshudisjsj can someone vouch if this is happening? Yes... it's confirmed to be happening in BJA's head. Honest injun.  |
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ChartBuddy
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Activity: 2156
Merit: 1745
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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December 30, 2015, 04:00:24 AM |
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ChartBuddy
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Activity: 2156
Merit: 1745
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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December 30, 2015, 05:00:28 AM |
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Richy_T
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Activity: 2422
Merit: 2113
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
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December 30, 2015, 05:19:10 AM |
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Bureaucrat: Ha! That bridge has excess capacity. If traffic gets too high, we'll just increase the tolls. Most of those schmucks don't really need to go anywhere anyway.
Bureaucrat: That bridge was intentionally designed with low capacity to prevent invasions! Widening it would be a dangerous departure from historic bridge operations.
Blockstream Saddles https://www.youtube.com/watch?v=SbWg-mozGsU |
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Richy_T
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Activity: 2422
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1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
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December 30, 2015, 05:26:12 AM |
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It's tough to get an accurate picture with a single number. Usually, the less than 10 min blocks are going to be smaller, and coinbase only blocks are going to be tiny. If you plan max capacity to avg capacity... you're going to have issues. Yeah, that's why I'm thinking 85%. Not every block needs to be full to cause problems and empty blocks will probably still be mined bringing the "average" down significantly. Probably actual transactions/average max transactions might be a better measure. Empty blocks are probably best just ignored completely for calculations. |
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ChartBuddy
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December 30, 2015, 06:00:29 AM |
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Cconvert2G36
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December 30, 2015, 06:11:27 AM |
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Today's edition: Political Contributor to the Central Committee of the Inhibit Party of the Technical Consensus Union. [00:08] <petertodd> bramc: but today we have a blocksize limit low enough that everyone has access to reasonably low orphan rates [00:08] <petertodd> bramc: (remember that the networking code we have right now on the p2p network is *really* inefficient) [00:09] <bramc> petertodd, And the blocksize limit is staying down there, by design[00:09] <petertodd> bramc: what do you mean? [00:10] <bramc> petertodd, The current 'plan of record' is for the block size to de facto go up by less than 2x with segwit and otherwise stay put, at least for now [00:10] <bramc> For exactly that reason [00:10] <petertodd> bramc: sure Always cute. |
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suda123
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December 30, 2015, 06:21:16 AM |
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Today's edition: Political Contributor to the Central Committee of the Inhibit Party of the Technical Consensus Union. [00:08] <petertodd> bramc: but today we have a blocksize limit low enough that everyone has access to reasonably low orphan rates [00:08] <petertodd> bramc: (remember that the networking code we have right now on the p2p network is *really* inefficient) [00:09] <bramc> petertodd, And the blocksize limit is staying down there, by design[00:09] <petertodd> bramc: what do you mean? [00:10] <bramc> petertodd, The current 'plan of record' is for the block size to de facto go up by less than 2x with segwit and otherwise stay put, at least for now [00:10] <bramc> For exactly that reason [00:10] <petertodd> bramc: sure [00:11] <bramc> Big booty bitches [00:11] <petertodd> His name is John Wick [00:13] <theymos> BANS FOR YOU BANS FOR YOU EVERYONE GETS A BAN!! [00:14] <satoshinakamoto> ill fkn rekted ur fayce themoys Always cute. |
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ChartBuddy
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Activity: 2156
Merit: 1745
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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December 30, 2015, 07:00:23 AM |
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Poll
