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Author Topic: Permanently keeping the 1MB (anti-spam) restriction is a great idea ...  (Read 103857 times)
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September 22, 2015, 06:55:12 PM
 #441

not sure if your being sarcastic, but i'll run with it.

That's my feeling as well, why have these sudden doubling of the limit? and at some fixed schedule for each massive jump. why not simply increase it slowly like 0.1MB a month, or better yet dynamically adjust it according to demand, up to a hard limit ( to prevent node centralization )

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September 23, 2015, 11:09:23 AM
 #442

not sure if your being sarcastic, but i'll run with it.

That's my feeling as well, why have these sudden doubling of the limit? and at some fixed schedule for each massive jump. why not simply increase it slowly like 0.1MB a month, or better yet dynamically adjust it according to demand, up to a hard limit ( to prevent node centralization )


because.
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September 23, 2015, 01:05:15 PM
 #443

not sure if your being sarcastic, but i'll run with it.

That's my feeling as well, why have these sudden doubling of the limit? and at some fixed schedule for each massive jump. why not simply increase it slowly like 0.1MB a month, or better yet dynamically adjust it according to demand, up to a hard limit ( to prevent node centralization )

You know that BIP101 does not double in a sudden jump but linearly over time between doubling? (except for the first 8mb jump)

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September 23, 2015, 01:15:06 PM
 #444

Don't we all agree that the only thing that matters here is that this protocol will work in any condition (i.e. we a billion transactions a day, or the value of one BTC is 10213$ etc.)?

My question is very simple: is there a way to have this without becoming like politicians?

Does the 1 MB limit work in any given condition? No.
Dose a dynamic increase work? let's try it on the testnet.

My only concern, as a BTC user is that this system works.

Like knowing that 99,99% when I go to buy something with my credit card it will be accepted.


This is what we need, a working protocol: right now the 1MB limit works: but what of tomorrow?
The decision for tomorrow must be taken today.

This is as I see it.

 Smiley

Honeybadger does not care
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September 23, 2015, 06:21:01 PM
 #445

Don't we all agree that the only thing that matters here is that this protocol will work in any condition (i.e. we a billion transactions a day, or the value of one BTC is 10213$ etc.)?
fallacy n°1: "billion transactions a day" is not bound to "value of one BTC is 10213$"


Quote
My question is very simple: is there a way to have this without becoming like politicians?
fallacy n°2: ad hom?!


Quote
Does the 1 MB limit work in any given condition? No.
fallacy n°3: what is "any given condition"? will the 1MB work if there would be "mass adoption" ie 1BILLION TRANSACTIONS-WOWOZ?  well no... it would still work, like, with fees y' know.. Roll Eyes


Quote
Dose a dynamic increase work? let's try it on the testnet.
ok. try whatever you want on testnet. lots of stuff tested without notice anyway.


Quote
My only concern, as a BTC user is that this system works.
me too!


Quote
Like knowing that 99,99% when I go to buy something with my credit card it will be accepted.
fallacy n°4: bitcoin is not a credit card..


Quote
This is what we need, a working protocol: right now the 1MB limit works: but what of tomorrow?
fallacy n°5: http://www.indra.com/cgi-bin/spikes-8-ball


Quote
The decision for tomorrow must be taken today.
LOL NO and then you dont want it to be polittical? this is low life politics: spreading the fud and get the votes nao, for teh future!! u mad man Angry


Quote
This is as I see it.
 Smiley
this is how retards sees it.. Smiley



point is bitcoin works now with 1MB, whislt we are not sure it would with some twitched ph0rk "in the future" Shocked

in the end, bitcoin is kinda the ultimate trust index.
its value thrives from its security
which primes even over capacity (for which the block size is irrelevant anyway)
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November 02, 2015, 02:41:35 PM
 #446

Not sure how this thread died.  Blockstream/small blocks are anti-free market and still need to be overthrown.  If Lightning Network has any legs it should be able to compete fine against larger blocks.  Not allowing the free market to choose is the problem.

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November 02, 2015, 11:10:37 PM
 #447

Not sure how this thread died.  Blockstream/small blocks are anti-free market and still need to be overthrown.  If Lightning Network has any legs, it should be able to compete fine against larger blocks.  Not allowing the free market to choose is the problem.

This thread died with a whimper, not a a bang.  Death&Taxes got told "Not Tonight Dear."   Cheesy

I wish you all the best with your "Bitcoin" "Unlimited" altcoin project.


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November 03, 2015, 01:26:25 AM
 #448

Raise the fucking block sizes already.

There is nothing to debate here, better earlier than later, as later it could cause more damage.


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November 03, 2015, 04:06:13 AM
 #449

Raise the fucking block sizes already.

That will happen eventually, but Not Tonight Dear.


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whether we have a dictatorship or a real democracy." 
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November 03, 2015, 07:19:13 AM
 #450

I definitely agree with this topic. 1MB size limit is great as it is anti-spam. There was quite a big debate about block sizes. The block size limit at the start of bitcoin was 36MB but they reduced it to 1MB in 2010 because of spam. You can read about that here.
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November 03, 2015, 10:46:28 AM
 #451

Raise the fucking block sizes already.

That will happen eventually, but Not Tonight Dear.

But soonish. Core's (blockthestream inc.) attempt to take over bitcoin got REKT.
They got competition by implementations that are ready for the next bubble.
Developer centralization is over. Totalitarianism doesn't work here.

.

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November 03, 2015, 01:10:29 PM
 #452

Raise the fucking block sizes already.

That will happen eventually, but Not Tonight Dear.

But soonish. Core's (blockthestream inc.) attempt to take over bitcoin got REKT.
They got competition by implementations that are ready for the next bubble.
Developer centralization is over. Totalitarianism doesn't work here.

 Cheesy Cheesy Cheesy

Quote
Not only that, downstream users, rely on Bitcoin Core because they know it has the expertise and stability. XT has nothing, in the short time of it’s existence, hardly any changes have been merged, and what has been has deep technical flaws. Meanwhile Bitcoin Core has made literally hundreds of improvements.

XT #REKT

"I believe this will be the ultimate fate of Bitcoin, to be the "high-powered money" that serves as a reserve currency for banks that issue their own digital cash." Hal Finney, Dec. 2010
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November 03, 2015, 01:12:22 PM
 #453

Raise the fucking block sizes already.

That will happen eventually, but Not Tonight Dear.

But soonish. Core's (blockthestream inc.) attempt to take over bitcoin got REKT.
They got competition by implementations that are ready for the next bubble.
Developer centralization is over. Totalitarianism doesn't work here.

 Cheesy Cheesy Cheesy

Quote
Not only that, downstream users, rely on Bitcoin Core because they know it has the expertise and stability. XT has nothing, in the short time of it’s existence, hardly any changes have been merged, and what has been has deep technical flaws. Meanwhile Bitcoin Core has made literally hundreds of improvements.

XT #REKT


lel, delusions all over the place.
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December 01, 2015, 05:11:14 PM
 #454



can someone have a more updated graphic ? Thanks  Wink
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December 01, 2015, 05:17:53 PM
 #455

So the OP is gone forever? The biggest and most knowledgable Bitcoin advocate from back in the day is gone forever from the "official" Bitcoin forum. wtf

He didn't end up being a scammer like cypherdoc or goat did he?

On Topic: Keeping the spam restriction is a great idea. Probably not forever.

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December 01, 2015, 05:19:24 PM
 #456

So the OP is gone forever? The biggest and most knowledgable Bitcoin advocate from back in the day is gone forever from the "official" Bitcoin forum. wtf

He didn't end up being a scammer like cypherdoc or goat did he?

On Topic: Keeping the spam restriction is a great idea. Probably not forever.

He did actually

"I believe this will be the ultimate fate of Bitcoin, to be the "high-powered money" that serves as a reserve currency for banks that issue their own digital cash." Hal Finney, Dec. 2010
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December 01, 2015, 05:38:28 PM
 #457

So the OP is gone forever? The biggest and most knowledgable Bitcoin advocate from back in the day is gone forever from the "official" Bitcoin forum. wtf

He didn't end up being a scammer like cypherdoc or goat did he?

On Topic: Keeping the spam restriction is a great idea. Probably not forever.

He did actually

Firstly, I consider 'the most knowledgeable Bitcoin advocate' to be Stephen Gornick.  By a mile!  He is still around, but I run across his work as little now as I did often back in the day.

Secondly, I'm not aware of any blatant scammery that Gerald was involved in.  I may just not be paying close enough attention, so if you wish to expand on your statement that would be interesting.

I would note that 'old timers' who choose to be economically active (trying to set up a business or interaction with others, etc) likely did quite well.  A rising tide floats all boats as they say.  The fall-out is that many of them opened themselves up to various points of pressure as Bitcoin garnered the attention of the various 'powers that be.'  It is probably more common than not that 'old timers' are struggling to deal with their own success, and this should be considered when analyzing the ecosystem at a point in time.  Some of the unusual behaviors (usually simply dropping out, but sometimes more mysterious) could be explained as having come under external pressures of one form or another.


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December 01, 2015, 05:50:48 PM
 #458

So the OP is gone forever? The biggest and most knowledgable Bitcoin advocate from back in the day is gone forever from the "official" Bitcoin forum. wtf

He didn't end up being a scammer like cypherdoc or goat did he?

On Topic: Keeping the spam restriction is a great idea. Probably not forever.

He did actually

Secondly, I'm not aware of any blatant scammery that Gerald was involved in.  I may just not be paying close enough attention, so if you wish to expand on your statement that would be interesting.


Was going to but was posting from my phone. I just was able to retrieve the info from my desktop. It kinda flew under the radar indeed. Here goes:

Quote
Gerald Davis a.k.a. DeathAndTaxes of BitSimple (BitSimple.com) and Tangible Cryptography (tangiblecryptography.com) sought out and accepted $600,000 in fiat and bitcoin from investors in January 2014. These funds were acquired by selling stock in Tangible Cryptography and were to be invested in BitSimple.com.

BitSimple.com shut down bank transfer operations in May 2014. The investors were not informed until August 2014. Mr. Davis was asked to consider dissolving the company in August 2014 after he reported a theft of around $25,000 and no banking accounts. Gerald Davis did not respond and failed to communicate to shareholders from August 2014 to January 2015. During this time a six figure amount of US dollars was redirected to Mr. Davis and members of his family.

In February 2015 Gerald asked us to vote for a company dissolution and scheduled the fist company meeting. The shareholders refused to vote for dissolution because promised finical reports were not delivered.

Gerald Davis then asked for more time due to personal reasons and this was granted. However at this time Gerald Davis is no longer communicating or responding to investors.

Quote
The BitSimple fiasco
Somewhere in early January 2014 (during a chat about immersion cooled high-density ASICs) DaT incidentally told me that he was collecting money for a seed funding of his BitSimple exchange service. I did not even thought about it twice but agreed to buy what is left and ended with 390k from a total of 1200k series A shares. With the total sum of $600k collected, my payment was a $195k equivalent in BTC. Iirc, all of the handful investors paid in BTC, which made this seed funding the first processed completely in the BTC domain. Shares were managed by the gust platform.

I was very well aware of the involved risk, but at the same time I felt it is not worse than putting my coins into pre-orders of mining equipment or into doubious bitcoin companies. After being defrauded and betrayed by so many, my hope was straight and simple: if there is one person to remain honest, it must be DaT - if he did not, it was time to leave this community.

What happened thereafter is what OP is reporting. I was very disappointed to realize that Gerald managed to spend the collected funds mostly to pay his employed family-members - even if most of the time the exchange was not operational due to a missing bank account. Even if this might be legal, it is very unethical and puts him and his intentions in a very suspicious light. Still, I was willing to accept this as business failure when the company is dissolved and remaining assets were distributed to investors (which would give us back some 15%). But shortly after the investors agreed to do so, DaT stopped communicating and is not reachable any more for the past 6 months.


This is a sad ending for a bright shining star.

You too, Gerald?

https://bitcointalk.org/index.php?topic=998257.msg12620721#msg12620721

"I believe this will be the ultimate fate of Bitcoin, to be the "high-powered money" that serves as a reserve currency for banks that issue their own digital cash." Hal Finney, Dec. 2010
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December 01, 2015, 05:59:16 PM
 #459

So the OP is gone forever? The biggest and most knowledgable Bitcoin advocate from back in the day is gone forever from the "official" Bitcoin forum. wtf

He didn't end up being a scammer like cypherdoc or goat did he?

On Topic: Keeping the spam restriction is a great idea. Probably not forever.

He did actually

Secondly, I'm not aware of any blatant scammery that Gerald was involved in.  I may just not be paying close enough attention, so if you wish to expand on your statement that would be interesting.


Was going to but was posting from my phone. I just was able to retrieve the info from my desktop. It kinda flew under the radar indeed. Here goes:

Quote
Gerald Davis a.k.a. DeathAndTaxes of BitSimple (BitSimple.com) and Tangible Cryptography (tangiblecryptography.com) sought out and accepted $600,000 in fiat and bitcoin from investors in January 2014. These funds were acquired by selling stock in Tangible Cryptography and were to be invested in BitSimple.com.

BitSimple.com shut down bank transfer operations in May 2014. The investors were not informed until August 2014. Mr. Davis was asked to consider dissolving the company in August 2014 after he reported a theft of around $25,000 and no banking accounts. Gerald Davis did not respond and failed to communicate to shareholders from August 2014 to January 2015. During this time a six figure amount of US dollars was redirected to Mr. Davis and members of his family.

In February 2015 Gerald asked us to vote for a company dissolution and scheduled the fist company meeting. The shareholders refused to vote for dissolution because promised finical reports were not delivered.

Gerald Davis then asked for more time due to personal reasons and this was granted. However at this time Gerald Davis is no longer communicating or responding to investors.

Quote
The BitSimple fiasco
Somewhere in early January 2014 (during a chat about immersion cooled high-density ASICs) DaT incidentally told me that he was collecting money for a seed funding of his BitSimple exchange service. I did not even thought about it twice but agreed to buy what is left and ended with 390k from a total of 1200k series A shares. With the total sum of $600k collected, my payment was a $195k equivalent in BTC. Iirc, all of the handful investors paid in BTC, which made this seed funding the first processed completely in the BTC domain. Shares were managed by the gust platform.

I was very well aware of the involved risk, but at the same time I felt it is not worse than putting my coins into pre-orders of mining equipment or into doubious bitcoin companies. After being defrauded and betrayed by so many, my hope was straight and simple: if there is one person to remain honest, it must be DaT - if he did not, it was time to leave this community.

What happened thereafter is what OP is reporting. I was very disappointed to realize that Gerald managed to spend the collected funds mostly to pay his employed family-members - even if most of the time the exchange was not operational due to a missing bank account. Even if this might be legal, it is very unethical and puts him and his intentions in a very suspicious light. Still, I was willing to accept this as business failure when the company is dissolved and remaining assets were distributed to investors (which would give us back some 15%). But shortly after the investors agreed to do so, DaT stopped communicating and is not reachable any more for the past 6 months.


This is a sad ending for a bright shining star.

You too, Gerald?

https://bitcointalk.org/index.php?topic=998257.msg12620721#msg12620721

Holy shit, I was half joking. And such a cliché thing to do too. That means he scammed in exactly the same way goat did, issuing a security. I thought the days of GLBSE were over. Thanks for the info.

BTW: I agree Stephen Gornick is great but I still see him around. DnT not so much.

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December 01, 2015, 06:13:32 PM
 #460

...
Holy shit, I was half joking. And such a cliché thing to do too. That means he [Gerald Davis, aka Death&Taxes] scammed in exactly the same way goat did, issuing a security. I thought the days of GLBSE were over. Thanks for the info. ...
2nd'd

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