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lightweb

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2 points·by lightweb·2 lata temu·0 comments

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lightweb
·2 miesiące temu·discuss
A high-throughput multicast Bitcoin transaction distribution system, with a roadmap towards billions of transactions per second.

Features:

- Control channel for block header announcements, operational mechanisms, and network topology automation

- Separate channels for subtree, subtree grouping, and transaction load

- Transaction load sharding by deterministic multicast group membership based on TXID

- Transaction specialization filtering and retransmission both unicast and multicast, to connect edge networks only interested in a portion of the transaction load for whatever reason

- NACK-based retransmission of missed packets via hash chain gap sequence tracking (per sender, per shard) with automated caching endpoint beacon discovery and tiered network distribution

- BGP-AnyCast based transaction ingress

Basically all the topology pieces to scale the actual small-world network for Bitcoin miners or transaction processors; dense at the core, with layered and sharded group distribution towards users at the edges. Right now just site or org-scope multicast in planned, but provisions are being made to extend via MP-BGP eventually.

For BSV Blockchain but could work for the other Bitcoin variants too, if they ever wanted to scale.
lightweb
·11 miesięcy temu·discuss
LLMs still leave something to be desired for DevOps related work; infrastructure code. There is still not really enough context available when crossing the division between the hardware, OS, and software.

For Terraform, specifically, Claude 4 can get thrown into infinite recursive loops trying to solve certain issues within the bounds of the language. Claude still tries to add completely invalid procedures into things like templates.

It does seem to work a bit better for standard application programming tasks.
lightweb
·2 lata temu·discuss
Craig is still Satoshi, no matter what a court has (temporarily) ordered him to state. Craig has followed the legal process 100% for years at this point, paid every (massive) court-ordered payment. The majority of cases feature him as defendant because Bitcoin ultimately threatens the establishment and must be controlled at any cost. This is the true source of the negative sentiment and constant attacks.

He just today waived privilege on X and began outlining accusations against his previous legal representation for not following his explicit instructions, and instead followed orders from a man who has been recently convicted in a UK court, is facing bankruptcy in that country, and has fled as a fugitive from justice. The rabbit hole goes deep.

Craig and the BSV Association have worked together with AWS and Aerospike to conclusively prove the Bitcoin protocol is capable of scaling to at least 120GB sized blocks, at over 1 million P2PKH transactions per second. The BTC core team said this was impossible, yet BSVA has provided data from a public cloud provider, with geographically distributed nodes to prove it is. What's more, it's been stated that it does so at an initial cost that is drastically less than most anticipated. These costs are highly likely to be lowered through optimization.

The majority of opinions expressed in this thread will most certainly be abandoned in time when the full body of work can no longer be ignored. One only needs to perform a simple patent search to discover the depth of research and innovation established on blockchain, and then realize that the sheer number of applications and grants are not the work of someone attempting to pull a con. It is true innovation, the same way Bitcoin was and is.
lightweb
·2 lata temu·discuss
Will this processor suffer from the same vulnerabilities as was just discovered on the previous M1-3?
lightweb
·2 lata temu·discuss
BTC is 7 TPS because MasterCard et al neutered it.

Bitcoin is professionalizing. It's built for everything in the world to be timestamped with super low transaction fees.
lightweb
·2 lata temu·discuss
This is more Bitcoin than BTC at this point. It follows the whitepaper completely.

3 Petabytes of data after 6 months. This is all done on AWS currently.
lightweb
·2 lata temu·discuss
Bitcoin BTC tops out at 7 TPS.

Visa tops out at around 50,000 TPS.

This is just an initial target test. Bitcoin scales unbounded.

10M TPS next target.

This is also just layer 1. It's designed for additional layers expressed through transaction script (with all op_codes enabled, which unlocks a complete Forth environment).
lightweb
·2 lata temu·discuss
A new distributed version of Bitcoin is now processing 1 million transactions per second. It's doing this on a test network setup between the USA, Europe, and Asia. People said it could not be done. They were wrong. Proof of Work.

EDIT: I can see by the comments so far that nobody gets it. Well, you will get it in time. It's really happening, and yes, this is Bitcoin adherent to the original whitepaper, and in line with the original code base before it was hamstrung with unwise revisions and changes.
lightweb
·2 lata temu·discuss
Bitcoin wallets are collections of private keys and corresponding public keys. They may or may not also be linked together hierarchically using ECDSA math, and possibly encrypted as well.