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7 tahun yang laludiscuss

One thing I find attract of anonymity is that a person can make statement without risking it being permanently associated with him for the rest of his life. He can test ideas, push boundaries, perhaps discover something about himself or his previous assumptions. We are only sharing information after all

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9 tahun yang laludiscuss

Please point out where I am spouting false propaganda.... You previously conflated xthin and compact blocks as if they were the same thing. Xthin is not being used by the network. And there are developers who have reasons to believe that increasing the block size will have a centralizing effect on mining. This is not "fixed" as you stated before.

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9 tahun yang laludiscuss

There is very limited technical documentation on xthin so it is hard for the community to accept and test it. If Bitcoin were to implement xthin (or an alternative proposal such as compact blocks) it would be much better to release outside of the block increase. again the main contention is the mechanism for change that the Bitcoin unlimited enthusiasts want to impose, a contentious hard fork

And to clarify, the software may have been released (in Bitcoin unlimited's release), but is not used by the Bitcoin network as a whole. Very few nodes are running this implementation. And to many is untested/unproven

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9 tahun yang laludiscuss

Yes some devs believe there is centralization pressure of mining blocks caused by the propogation delay of 1MB blocks. Further increasing the size of blocks would thus increase centralization pressure. Changing any number of variables leads to emergent properties which change mining behaviors. Game theory needs to be considered before tweaking the consensus protocols of Bitcoin. The open source nature of Bitcoin allows for many opinions and critisms and hopefully many more proposals for change in the future.

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9 tahun yang laludiscuss

As the value of Bitcoin grows, transaction cost grows relative to other currencies. Really transaction costs in strictly btc/byte have decreased. Pretty much everyone agrees the block size will need to grow at some point, including core devs. It is the current proposed method of introducing this change (via hardfork) that is questioned and scrutinized.

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