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Author Topic: deepbit has 50.18 % now  (Read 3609 times)
Chris Acheson
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July 07, 2011, 03:50:38 PM
 #21

is there some technical reason why there must not be too many blocks / they must have a minimum size?

Newly found blocks need sufficient time to propagate through the network, otherwise miners will end up creating invalid blocks.  10 minutes was determined to be about the right amount of time to minimize invalid blocks.
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The Bitcoin network protocol was designed to be extremely flexible. It can be used to create timed transactions, escrow transactions, multi-signature transactions, etc. The current features of the client only hint at what will be possible in the future.
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July 07, 2011, 03:52:58 PM
 #22

Again, block generation is a stochastic process, it's all about the probabilities and even a successful attack of the block chain wouldn't mean the end of Bitcoin, this is explained in the original Bitcoin paper (!).

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July 07, 2011, 04:22:39 PM
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Yeah, because that's not illegal in almost all decently internet connected countries of the world.

Where's a mod when you need one? If we're not supposed to discuss illegal activities then this one needs at least a warning if not an outright ban.
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July 07, 2011, 04:25:54 PM
 #24



looks like it's time for a ddos...

DDOS only makes things worse. People just go to another pool and that pool gets an even higher percentage of users. The reason why Deepbit is so high right now is because BTC Guild got DDOS attacked and is down.

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http://forum.bitcoin.org/index.php?topic=30799.0
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