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jimmothy
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June 23, 2015, 03:55:32 AM |
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Interesting read. I only understand 1/2 of it though. But I do understand economics and supply/demand. The increase in block size will make no difference in the long run if fees are not addressed for both transactions and nodes. In 12 years, a 20mb block with no transaction fees won't do anyone any good. That said, in this early stage of adoption, fees will cause less adoption.
Letting fees drift up a bit won't end the game, shifting from 1mb to 20mb is drastic. The problem with keeping it at 1 MB is that fees won't just "drift up a bit". If bitcoin really takes off, there will be so much competition that fees will be worse than Western Union. Imagine how much bitcoin would suck if transaction fees were $1 or $10. People would realize this major flaw just switch to a shitcoin like litecoin which allows 100 times the transactions per second. In the long run, the 1 MB limit is actually harmful for miners, not only because it would decrease adoption, but because the artificially limited supply (transactions per block) would prevent them from always being able to reach the market equilibrium and maximizing profitability. I rather do nothing and see if market corrects via people paying more to transact. The longer we wait and bitcoin grows, the harder it will be to pull off a hard fork. If becomes a real issue. I rather see people that run a node get paid. nodes moving form 6000 to 15000 would help. Bigger block size = more adoption More adoption = more nodes A 2mb size in 6 months is more conservative Alternative then a 20mb jump now.
I completely agree, but the "lets just sit on our hands and wait until it's too late" plan is just suicidal.
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jimmothy
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June 23, 2015, 04:22:18 AM |
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We are in agreement there. No proposal should be rolled out without a large majority consensus. What's your opinion specifically on increasing the block size limit? The original link you posted seemed to be more against the idea of an increase rather than Gavin's less than optimal approach.
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Guy Corem (OP)
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Spondoolies, Beam & DAGlabs
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June 23, 2015, 04:41:35 AM |
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We are in agreement there. No proposal should be rolled out without a large majority consensus. What's your opinion specifically on increasing the block size limit? The original link you posted seemed to be more against the idea of an increase rather than Gavin's less than optimal approach. I've posted the original link because of my strong disagreement with the process Gavin and Mike tried to force, e.g. Bitcoin-XT I think that such a drastic change should be made in consensus by the core developers and then agreed upon by the big mining pools before implementing. There should be a block size increase, but it shouldn't be enforced "from above". Guy
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Searing
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Clueless!
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June 23, 2015, 05:34:57 AM |
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We are in agreement there. No proposal should be rolled out without a large majority consensus. What's your opinion specifically on increasing the block size limit? The original link you posted seemed to be more against the idea of an increase rather than Gavin's less than optimal approach. I've posted the original link because of my strong disagreement with the process Gavin and Mike tried to force, e.g. Bitcoin-XT I think that such a drastic change should be made in consensus by the core developers and then agreed upon by the big mining pools before implementing. There should be a block size increase, but it shouldn't be enforced "from above". Guy my issue was with the "process" if from what I gather they 'agreed' with the china position that with the 'great firewall of china' and poor internet that 20mb was TOO BIG a jump..which seems to be the case now ..WHY WAS THIS NOT SETTLED IN PRIVATE information gathering on the process of dev and code improvement..no dev egos are involved so as soon as someone thinks (ego wise) this shall be so...it hits twitter without enough sober research in the background ..public ...but working towards consensus can you imagine the btc coin price now if this was discussed/and consensus was reach without all this FUD and press drama/twitter etc for the last 6 weeks...and just announced here as a done..I mean debate open in all this is the norm...but I mean really ..this was so bush league.... The devs at least in the open source manner of public discourse I think at least get ALL THE INFO before saying "such shall be so" and consensus is reached and then discuss it...a valid proof of working method towards problem solving...taking extreme positions in public seems dumb when it seems to me they never even had all the facts to even base this on assuming the china info is correct and anything more then 8mb would be problematic just not the way to state your position on code change..... very worrying imho...hopefully they have learned something about how to approach these dev questions as a more adult process now in the more towards consensus less jumping on twitter and other things saying my way or the highway ALL OF THIS SHOULD BE PUBLIC but hell would we have really paid all that attention to it ..if they at least had gathered all the facts first and then did it in a less inflamatory manner ...same result less drama imho my 2c worth
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Old Style Legacy Plug & Play BBS System. Get it from www.synchro.net. Updated 1/1/2021. It also works with Windows 10 and likely 11 and allows 16 bit DOS game doors on the same Win 10 Machine in Multi-Node! Five Minute Install! Look it over it uninstalls just as fast, if you simply want to look it over. Freeware! Full BBS System! It is a frigging hoot!:)
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Biomech
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June 23, 2015, 05:57:25 PM |
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The Great Block Size debate is one of the reasons I'm more into alts. Bitcoin has too many egos and not enough desire to be mainstream. It's obviously a problem, so what the HELL is the big deal? They could easily raise it incrementally. This is an engineering problem, not a political one. Personally, I'd be in favor of keeping the size as it is and decreasing the block time. Every solution involves a hard fork, and the current confirmation times are (to put it nicely) suboptimal. A great many alts have proven beyond a shadow of a doubt that fast block times decrease backlog and do NOT kill the system.
If Bitcoin does not or cannot grow and evolve, then it deserves to be beat out in the marketplace.
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Xian01
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Christian Antkow
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June 23, 2015, 09:08:32 PM |
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Well shit. First SP20 that's given me issues. Just up and died on me after working faithfully for several months. Sent an email to SPTech via their website "Contact Us" link and hopefully I can get a new board or something...
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quakefiend420
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June 23, 2015, 09:57:35 PM |
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Well shit. First SP20 that's given me issues. Just up and died on me after working faithfully for several months. Sent an email to SPTech via their website "Contact Us" link and hopefully I can get a new board or something... If you're interested in a replacement hashing board I have a few from machines with controller issues. SPTech wanted too much to replace the controllers, but the boards are fine. The warranty on the SP20 is only 90 days, so I bet you'll be in the same boat that I was in...
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philipma1957
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'The right to privacy matters'
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June 24, 2015, 12:02:20 AM |
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Well shit. First SP20 that's given me issues. Just up and died on me after working faithfully for several months. Sent an email to SPTech via their website "Contact Us" link and hopefully I can get a new board or something... did you check the pcie wires carefully?
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jimmothy
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June 24, 2015, 12:27:46 AM |
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It's obviously a problem, so what the HELL is the big deal? They could easily raise it incrementally. This is an engineering problem, not a political one. The main problem is that the change would require a hard fork. A hard fork requires a consensus (otherwise it's suicide) which isn't easy to reach for a coin with a $3 billion dollar market cap and thousands of users. With that said, I still think if the block size increase proposal is refined enough eventually everyone will be on board. A great many alts have proven beyond a shadow of a doubt that fast block times decrease backlog and do NOT kill the system.
AFAIK that's not true. I don't know of any altcoin that comes close to the tps of bitcoin. I'm almost positive that if any of those 60 second block time coins gained the amount of users bitcoin had, we would be seeing coin breaking issues with network propagation.
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Xian01
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Christian Antkow
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June 24, 2015, 01:22:53 AM |
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did you check the pcie wires carefully?
Yep. Even swapped the PCIE cables for those loops She's dead, Jim.
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Finksy
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June 24, 2015, 02:03:35 AM |
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Even with running very conservative numbers. Sorry to hear it!
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alh
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June 24, 2015, 06:53:13 AM |
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did you check the pcie wires carefully?
Yep. Even swapped the PCIE cables for those loops She's dead, Jim. That's unfortunate. You can always look at it as 3/4 alive, rather than 1/4 dead. Should run cooler and use less power. I wonder if at this late in the SP20 life cycle, Spondoolies will accept just a blade, and not require shipment of the whole miner and the like. Depending on what Spondoolies says, and how adventurous you are, you might pull the 1/2 broken blade and examine it for obviously blown components and the like.
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Xian01
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Christian Antkow
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June 24, 2015, 07:09:42 AM |
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Depending on what Spondoolies says, and how adventurous you are, you might pull the 1/2 broken blade and examine it for obviously blown components and the like.
Purchased a replacement board from quakefiend420 for a reasonable price. Will be sure to look at the bad board once I've swapped it out and see what's what.
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RealMalatesta
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June 24, 2015, 12:39:36 PM |
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BTW: Has anybody got a spare PSU for an SP10 for sale?
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Xian01
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Christian Antkow
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June 27, 2015, 04:21:59 PM Last edit: June 28, 2015, 08:59:59 AM by Xian01 |
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Depending on what Spondoolies says, and how adventurous you are, you might pull the 1/2 broken blade and examine it for obviously blown components and the like.
Purchased a replacement board from quakefiend420 for a reasonable price. Will be sure to look at the bad board once I've swapped it out and see what's what. Replacement board came in and works well. Thanks quakefiend. Now as for why the board went kaput to begin with... well... not sure why this happened as it was underclocked to 1.3GH/s Was using an AX1200 to power it. No other obvious signs of damage on the board. EDIT: After more tinkering, I'm starting to think it's the controller board. Was getting a "PLL A" on one of the loops after swapping in quakefiend's board, and troubleshooting with swapping the cables to each hashing unit. Managed to clean up the "burnt out" socket on the board I yanked, plugged it back in, and got the same "PLL A" issue on one of the loops. The zany thing is if I power cycle it enough times, it'll eventually work with no "PLL A" on one of the loops (even with the "burnt out" board) and seems to be hashing fine ATM. Anyone have an extra controller board they might be willing to sell me ? Would like to tinker around some more. And just so I'm clear, is it safe to assume LOOP 0 and 1 is the board on the left, and LOOP 2 and LOOP 3 are the board on the right, when facing the ethernet and power jacks ?
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philipma1957
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'The right to privacy matters'
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June 27, 2015, 04:35:30 PM |
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did you check the pcie wires carefully?
Yep. Even swapped the PCIE cables for those loops She's dead, Jim. That's unfortunate. You can always look at it as 3/4 alive, rather than 1/4 dead. Should run cooler and use less power. I wonder if at this late in the SP20 life cycle, Spondoolies will accept just a blade, and not require shipment of the whole miner and the like. Depending on what Spondoolies says, and how adventurous you are, you might pull the 1/2 broken blade and examine it for obviously blown components and the like. yeah ¾ alive is a good way to think of it. @ xian01 let us know what sp-tech tells you BTW on the bright side diff looks to drop just a bit which makes the 3 boards a little better come this sunday. I have seen that happen with my seasonic 1200 plat the fault could be in a loose pcie connection thus arcing. I have had cablez make up some seasonic cables and it never happened again.
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Xian01
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Christian Antkow
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June 28, 2015, 08:59:32 AM |
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Hah ! Just my luck. A second SP20 I have has started to give me grief. Will troubleshoot tomorrow. I need some new mining gear. Badly
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Dr Charles
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June 28, 2015, 12:42:19 PM |
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Hah ! Just my luck. A second SP20 I have has started to give me grief. Will troubleshoot tomorrow. I need some new mining gear. Badly This is exactly how one of my SP20's is now. I am still able to get about 1th from the unit without too much trouble though.
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