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SegWit was activated. Lightning is working. Mimble Wimble and Schnorr signatures are in development. I understand big blockers are upset they didn’t get their
by etr-strike 9y ago
SegWit was activated. Lightning is working. Mimble Wimble and Schnorr signatures are in development.
I understand big blockers are upset they didn’t get their way. They need to understand the reason big blocks don’t have consensus is that they increase propagation delays and propagation delays leads to centralization. Core devs are pursuing many alternative and intelligent scaling avenues.
Also, miners don’t determine consensus rules. If PoS works, another UASF initiative will arise and everyone running a node can decide the new PoW scheme. The fact that you don’t understand this leads me to believe you don’t have a good understanding of the technology yet.
- lawn 9y agoYou should realize block propagation is largely a solved problem using xthin, compact block and graphene. We could scale to 1GB and propagation would not be an issue. > Core devs are pursuing many alternative and intelligent scaling avenues. Their strategy of stalling for the last couple of years is the least intelligent approach they could have taken. > Core devs are pursuing many alternative and intelligent scaling avenues. Yes they do, that's the point of Bitcoin. > If PoS works, another UASF initiative will arise and everyone running a node can decide the new PoW scheme You mean if PoS works they can fork and use their altcoin. > The fact that you don’t understand this leads me to believe you don’t have a good understanding of the technology yet. The fact that you don't understand this leads me to believe you're either a Core shill or you have been seduced by their pretty words. The whitepaper makes all this clear.
- etr-strike 9y agoYou continue to ignore the actual research. http://www.tik.ee.ethz.ch/file/49318d3f56c1d525aabf7fda78b23fc0/P2P2013_041.pdf http://www.tik.ee.ethz.ch/file/49318d3f56c1d525aabf7fda78b23... The above directly demonstrates how block size results in significant propagation delay. I ask you again: can you show me the research which demonstrates increasing blocksize won’t result in significant propagation delay?
- lawn 9y agoBitcoin Unlimited is successfully testing 1GB blocks: https://news.bitcoin.com/bitcoin-unlimited-reveals-gigablock-testnet-performance/ https://news.bitcoin.com/bitcoin-unlimited-reveals-gigablock... As I already wrote what matters is propagation between miners which is already very fast, even according your own link, which examins propagation throughout the network as a whole not between miners specifically.
- etr-strike 9y agoThis news article doesn’t tell me anything other than if you have a few state of the art computers geographically close all connected to a state of the art internet connection they will maybe be capable of mining 1gb blocks. If that’s your idea of research, best of luck to bcash.
- Rodyland 9y ago> bcash triggered