Last of the V8s
Legendary
Offline
Activity: 1652
Merit: 4392
Be a bank
|
|
April 06, 2020, 09:33:44 AM Last edit: April 06, 2020, 05:15:21 PM by Last of the V8s |
|
“However, a miner often can start mining a candidate for block N+1 even before he has seen what was included in block N. That’s because he only needs the hash of block N, and he often can get it very quickly by a certain trick.” In that case, the miner must start with an empty block N+1, even if there are transactions waiting in his queue: because, without knowing the contents of block N, he cannot check whether those transactions are valid or not. If he is lucky, he may solve that empty block N+1, even before he finishes downloading the body of block N. That is why there are empty blocks." https://bitcoinmagazine.com/articles/why-do-some-bitcoin-mining-pools-mine-empty-blocks-1468337739tl;dr better to get a whole block quickly and certainly than fart about grabbing up fees. This will be the case ever less as fees become more worth it and block rewards less so.
|
|
|
|
|
|
|
Once a transaction has 6 confirmations, it is extremely unlikely that an attacker without at least 50% of the network's computation power would be able to reverse it.
|
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
|
machasm
|
|
April 06, 2020, 09:43:12 AM |
|
“However, a miner often can start mining a candidate for block N+1 even before he has seen what was included in block N. That’s because he only needs the hash of block N, and he often can get it very quickly by a certain trick.” In that case, the miner must start with an empty block N+1, even if there are transactions waiting in his queue: because, without knowing the contents of block N, he cannot check whether those transactions are valid or not. If he is lucky, he may solve that empty block N+1, even before he finishes downloading the body of block N. That is why there are empty blocks." https://bitcoinmagazine.com/articles/why-do-some-bitcoin-mining-pools-mine-empty-blocks-1468337739tl;dr better to get a whole block than fart about grabbing up fees. This will be the case ever less as fees become more worth it and block rewards less so. Thanks V8. Haven't sent a merit in quite a while as I have been low. Thought I was as down to my last one but had 3 apparently.
|
|
|
|
soullyG
|
|
April 06, 2020, 09:58:41 AM |
|
“However, a miner often can start mining a candidate for block N+1 even before he has seen what was included in block N. That’s because he only needs the hash of block N, and he often can get it very quickly by a certain trick.” In that case, the miner must start with an empty block N+1, even if there are transactions waiting in his queue: because, without knowing the contents of block N, he cannot check whether those transactions are valid or not. If he is lucky, he may solve that empty block N+1, even before he finishes downloading the body of block N. That is why there are empty blocks." https://bitcoinmagazine.com/articles/why-do-some-bitcoin-mining-pools-mine-empty-blocks-1468337739tl;dr better to get a whole block than fart about grabbing up fees. This will be the case ever less as fees become more worth it and block rewards less so. Thanks V8. Haven't sent a merit in quite a while as I have been low. Thought I was as down to my last one but had 3 apparently. Take some of mine
|
|
|
|
Last of the V8s
Legendary
Offline
Activity: 1652
Merit: 4392
Be a bank
|
|
April 06, 2020, 10:00:25 AM |
|
^Nice both. It's a travesty that long-serving people like you and the others don't have more recognition, title and merits. Maybe there could be advancements for 'contributing while keeping the signal-to-noise ratio up'.
|
|
|
|
machasm
|
|
April 06, 2020, 10:07:12 AM |
|
“However, a miner often can start mining a candidate for block N+1 even before he has seen what was included in block N. That’s because he only needs the hash of block N, and he often can get it very quickly by a certain trick.” In that case, the miner must start with an empty block N+1, even if there are transactions waiting in his queue: because, without knowing the contents of block N, he cannot check whether those transactions are valid or not. If he is lucky, he may solve that empty block N+1, even before he finishes downloading the body of block N. That is why there are empty blocks." https://bitcoinmagazine.com/articles/why-do-some-bitcoin-mining-pools-mine-empty-blocks-1468337739tl;dr better to get a whole block than fart about grabbing up fees. This will be the case ever less as fees become more worth it and block rewards less so. Thanks V8. Haven't sent a merit in quite a while as I have been low. Thought I was as down to my last one but had 3 apparently. Take some of mine Wow. I wasn't begging but thank you.
|
|
|
|
machasm
|
^Nice both. It's a travesty that long-serving people like you and the others don't have more recognition, title and merits. Maybe there could be advancements for 'contributing while keeping the signal-to-noise ratio up'.
Meh, it's not that important to me tbh. Just being able to have my questions answered in a civil way and to be able to contribute when I can is enough for me. I would be happy with a thumbs up type button.
|
|
|
|
soullyG
|
^Nice both. It's a travesty that long-serving people like you and the others don't have more recognition, title and merits. Maybe there could be advancements for 'contributing while keeping the signal-to-noise ratio up'.
Not sure how useful or informative my posts are, I see myself as a silent cheerleader that lets out a "gooooo Bitcoin!" once in a while
|
|
|
|
JSRAW
Legendary
Offline
Activity: 2156
Merit: 1538
|
|
April 06, 2020, 10:20:51 AM |
|
---- It was honest mistake for starters Just for clarification you already have grandkids? no need to post in public, just blink twice in front of camera #Nohomo Can you decipher my answer from this one?: Bhai, I am bit dim But i am sensing that you politely saying "Fuck you" to me #Nohomo
|
|
|
|
ChefImGartenPavillion
Full Member
Offline
Activity: 623
Merit: 225
ETH/BTC
|
|
April 06, 2020, 10:25:13 AM |
|
^Nice both. It's a travesty that long-serving people like you and the others don't have more recognition, title and merits. Maybe there could be advancements for 'contributing while keeping the signal-to-noise ratio up'.
Meh, it's not that important to me tbh. Just being able to have my questions answered in a civil way and to be able to contribute when I can is enough for me. I would be happy with a thumbs up type button. Yeah it´s sad that merits are so scarce. I dont care about the merits but I want to like a post, show the poster how I really appreciate his answer or the information the provided for me. It would be nice to have a equal distributed source of something (even if its just a like) for that.
|
|
|
|
|
nutildah
Legendary
Offline
Activity: 2982
Merit: 7986
|
|
April 06, 2020, 10:30:28 AM |
|
I dont care about the merits but I want to like a post, show the poster how I really appreciate his answer or the information the provided for me.
In addition to leaving them a reply saying "I really appreciate your answer," you could always link the post in this thread and if someone else with a merit to spare finds it worthy, they will merit it on your behalf.
|
|
|
|
Last of the V8s
Legendary
Offline
Activity: 1652
Merit: 4392
Be a bank
|
|
April 06, 2020, 10:37:41 AM |
|
All Members.
Today’s Breaking News.
It is with great sadness that I have to mention the loss of a few local businesses. All due to the outbreak of the Coronavirus.
A local bra manufacturer has gone bust, Submarine company has gone under, Manufacturer of food blenders has gone into liquidation, Dog kennel manufacturer has had to call in the retrievers.
#dadjokeswillgetusthroughthiskerfuffle
|
|
|
|
Last of the V8s
Legendary
Offline
Activity: 1652
Merit: 4392
Be a bank
|
|
April 06, 2020, 10:48:44 AM |
|
What? No. We do not mock or disrespect our cat overlords and overladies in this thread.
|
|
|
|
Jeremy Franklin
Member
Offline
Activity: 185
Merit: 34
|
|
April 06, 2020, 10:54:51 AM |
|
What? No. We do not mock or disrespect our cat overlords and overladies in this thread.
Look's like I stung in a wasp cat nest.
|
|
|
|
El duderino_
Legendary
Online
Activity: 2506
Merit: 12092
BTC + Crossfit, living life.
|
|
|
|
|
Cryptotourist
|
|
April 06, 2020, 11:04:27 AM |
|
I know your lil ass gets all excited, when I get authoritarian like that J. No. Just sayin. #Ibianhomo
|
|
|
|
ChefImGartenPavillion
Full Member
Offline
Activity: 623
Merit: 225
ETH/BTC
|
|
April 06, 2020, 11:12:39 AM |
|
I dont care about the merits but I want to like a post, show the poster how I really appreciate his answer or the information the provided for me.
In addition to leaving them a reply saying "I really appreciate your answer," you could always link the post in this thread and if someone else with a merit to spare finds it worthy, they will merit it on your behalf. So, your first option feels like spamming the thread for me, if there is nothing else to say/state. The second option is not the intention of what I wanted to say. Of course I can propose a good post there and its nice if it gets rewarded. However, someone else is deciding if that post is merit-worthy not me. So lets say you have a scenario of two poster posting opposing opinions. A democrat vs. a republican post. A merit source who is republican can appreciate opinion A) with lets say 10 merits. I, as a democrat, can barely give out one most of the time, even though I think the second post is more merit-worthy, e.g. its also my opinion. So my opinion on the post it less worthy. (this is just an exxagerated example, of how it could work out. Of course giving merits shouldnt just be about supporting a one-sided opinion.) I am not sure if i properly explained my thoughts right now. However, thank you for your post
|
|
|
|
JSRAW
Legendary
Offline
Activity: 2156
Merit: 1538
|
|
April 06, 2020, 11:24:34 AM |
|
|
|
|
|
Phil_S
Legendary
Offline
Activity: 2091
Merit: 1461
We choose to go to the moon
|
|
April 06, 2020, 11:25:41 AM |
|
PMs also on the move
Feels good that I bought a little bit at $14xx dip last month.
|
|
|
|
Ibian
Legendary
Offline
Activity: 2268
Merit: 1278
|
|
April 06, 2020, 11:30:54 AM |
|
^Nice both. It's a travesty that long-serving people like you and the others don't have more recognition, title and merits. Maybe there could be advancements for 'contributing while keeping the signal-to-noise ratio up'.
Happens organically, as we just saw an example of. Better to do it that way than try to centralize some complex system.
|
|
|
|
|