Lauda



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LegendaryActivity: 2660Merit: 2643Exchange Bitcoin quickly-https://blockchain.com.do Bitcoin Core Roadmap visualized February 02, 2016, 12:08:47 PM

Last edit: February 16, 2016, 10:41:03 AM by Lauda #1 For those that are 'out of the loop' and need a simpler explanation of the roadmap. Keep in mind that this is obviously simplified so don't complain how it doesn't explain every single scenario and detail.

Quote from: shorena on February 02, 2016, 12:40:46 PM SegWit correction: a full node will still store the signatures.

Notice: The majority of posts will be deleted to keep the thread clean. I will try to reply to every single poster. If someone wants to engage in a rational and technical discussion then those posts shall be left in the thread. Trolling and posts made by people on my ignore list will be deleted. For those that are 'out of the loop' and need a simpler explanation of the roadmap. Keep in mind that this is obviously simplified so don't complain how it doesn't explain every single scenario and detail.: The majority of posts will be deleted to keep the thread clean. I will try to reply to every single poster. If someone wants to engage in a rational and technical discussion then those posts shall be left in the thread. Trolling and posts made by people on my ignore list will be deleted.

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LegendaryActivity: 2660Merit: 2643Exchange Bitcoin quickly-https://blockchain.com.do Re: Bitcoin Core Roadmap visualized February 02, 2016, 09:01:16 PM #5 The thread is not being censored, it is being moderated. I'm deleting what I dislike, and that is propaganda and FUD. I'm most likely going to create another update post and remove the majority of the posts in this to keep it clean. You're welcome.

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LegendaryActivity: 2842Merit: 2282 Re: Bitcoin Core Roadmap visualized February 02, 2016, 09:21:24 PM #6 Quote from: Lauda on February 02, 2016, 09:01:16 PM The thread is not being censored, it is being moderated. I'm deleting what I dislike, and that is propaganda and FUD. I'm most likely going to create another update post and remove the majority of the posts in this to keep it clean. You're welcome.



Indicative of the levels of cynicism and maturity (not to mention desperation) employed by the blockchain-bloaters: knight22 only really came into the thread so he could run home to bitcoin.com crying "they censored me, nasty fat hobbits with their censoring". Kind of pathetic really, I always thought the ringwraiths were supposed to be badasses Indicative of the levels of cynicism and maturity (not to mention desperation) employed by the blockchain-bloaters: knight22 only really came into the thread so he could run home to bitcoin.com crying "they censored me, nasty fat hobbits with their censoring". Kind of pathetic really, I always thought the ringwraiths were supposed to be badasses Vires in numeris

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LegendaryActivity: 1134Merit: 1000 Re: Bitcoin Core Roadmap visualized February 03, 2016, 10:15:55 AM

Last edit: February 03, 2016, 05:24:20 PM by n2004al #12 For me it is impossible to understand the technical explanations and various details of this kind but it easily understandable that, if eveything in main post is true, there is no need to increase the size of blocks (and that the war of the development core people is made only based at selfish reasons) and that the bitcoin could be a much more better product than it is already. A such improvement of a great invention put in the trash every kind of doubt about its R.I.P. as a product and even its role in the world of peer to peer. Then, if it would be possible to be realized even the last foreseen which see it as the base of the new internet (about which, according to my very poor knowledge in such field, are "fighting" even other peer to peer projects - one of which known by me is the project of them who are behind ethereum) would make it again the King of the Kingdom of peer to peer. As it was when was born but not as it is in the today cryptocurrency world when are not few the cryptos which (as is told by them who can do such kind of comparisons) there are cryptos better than it. If it would be the King of Kingdom of the peer to peer, that mean that it would be the King of the tomorrow real and virtual world.

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LegendaryActivity: 2660Merit: 2643Exchange Bitcoin quickly-https://blockchain.com.do Re: Bitcoin Core Roadmap visualized February 03, 2016, 10:28:36 AM #13 Quote from: n2004al on February 03, 2016, 10:15:55 AM For me it is impossible to understand the technical explanations and various details of this kind but it easily understandable that, if eveything in main post is true, there is no need to increase the size of blocks (and that the war of the development core people is made only based at selfish reasons) and that the bitcoin could be a much more product than it is already.

I'm pretty sure that it is as accurate as it can be for a simple info-graphic. It is exactly meant to combine only a small amount of technicalities with the correct simplistic explanation. Currently there is no need to increase the size of the blocks because there will be Segwit. I'm putting up a wild guess here, but I'd say that a block size is increase due sometime in 2017 (maybe). This becomes much easier and safer to deploy because of: IBLT (reduces bandwidth) and Signature validation time being reduced (currently it is quadratic and can be problematic at 2 MB blocks). Both features are in the works and should be implemented sometime in 2016. I'm pretty sure that it is as accurate as it can be for a simple info-graphic. It is exactly meant to combine only a small amount of technicalities with the correct simplistic explanation. Currently there is no need to increase the size of the blocks because there will be Segwit. I'm putting up a wild guess here, but I'd say that a block size is increase due sometime in 2017 (maybe). This becomes much easier and safer to deploy because of: IBLT (reduces bandwidth) and Signature validation time being reduced (currently it is quadratic and can be problematic at 2 MB blocks). Both features are in the works and should be implemented sometime in 2016.

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LegendaryActivity: 2660Merit: 2643Exchange Bitcoin quickly-https://blockchain.com.do Re: Bitcoin Core Roadmap visualized February 03, 2016, 04:07:08 PM #15 Quote from: jugador on February 03, 2016, 10:38:28 AM It's not just possible, it's already happening, and happening very fast! Be ready!

It is possible if we scale via off chain solutions. If we focus on scaling via the main chain we will end up centralizing (further) both miners and nodes. The question is where is the limit (e.g. what node count should be considered centralized)? This visualization could be expanded with the Lightning Network added to it (although not sure when we should expect a release). It is possible if we scale via off chain solutions. If we focus on scaling via the main chain we will end up centralizing (further) both miners and nodes. The question is where is the limit (e.g. what node count should be considered centralized)? This visualization could be expanded with the Lightning Network added to it (although not sure when we should expect a release).

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LegendaryActivity: 1358Merit: 1004 Re: Bitcoin Core Roadmap visualized February 03, 2016, 06:53:20 PM #16 Quote from: Lauda on February 03, 2016, 04:07:08 PM Quote from: jugador on February 03, 2016, 10:38:28 AM It's not just possible, it's already happening, and happening very fast! Be ready!

It is possible if we scale via off chain solutions. If we focus on scaling via the main chain we will end up centralizing (further) both miners and nodes. The question is where is the limit (e.g. what node count should be considered centralized)? This visualization could be expanded with the Lightning Network added to it (although not sure when we should expect a release).

It is possible if we scale via off chain solutions. If we focus on scaling via the main chain we will end up centralizing (further) both miners and nodes. The question is where is the limit (e.g. what node count should be considered centralized)? This visualization could be expanded with the Lightning Network added to it (although not sure when we should expect a release).

Node count should be considered centralized when people with decent computers cannot run a node on their bedroom, this is I think very clear. If people can't run a node on a single computer, its when the centralization process starts and once it starts it will expand like mining, it will end up getting "specialized", so it's crucial that we never get past that point where people can run nodes at home. Node count should be considered centralized when people with decent computers cannot run a node on their bedroom, this is I think very clear. If people can't run a node on a single computer, its when the centralization process starts and once it starts it will expand like mining, it will end up getting "specialized", so it's crucial that we never get past that point where people can run nodes at home.

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LegendaryActivity: 2660Merit: 2643Exchange Bitcoin quickly-https://blockchain.com.do Re: Bitcoin Core Roadmap visualized February 03, 2016, 09:02:34 PM #17 Quote from: thejaytiesto on February 03, 2016, 06:53:20 PM Node count should be considered centralized when people with decent computers cannot run a node on their bedroom, this is I think very clear. If people can't run a node on a single computer, its when the centralization process starts and once it starts it will expand like mining, it will end up getting "specialized", so it's crucial that we never get past that point where people can run nodes at home.

Exactly. I've asked the 'big blockist' and 'forkers' before and got no reply (aside from insults). Currently there are people that run nodes on Raspberry Pi's. Obviously this won't be possible in the future unless there is an updated version but we can disregard that. Where is the cut-off point, Pentium, Dual Core, Intel i3? They'd be willing to waste a lot of valuable resources and heavily reduce the node count just in order to be able to process small purchases on the main chain. I don't see a valid reason for this; your $1 purchase doesn't need the security of a 1 Exa-hash network. Exactly. I've asked the 'big blockist' and 'forkers' before and got no reply (aside from insults). Currently there are people that run nodes on Raspberry Pi's. Obviously this won't be possible in the future unless there is an updated version but we can disregard that. Where is the cut-off point, Pentium, Dual Core, Intel i3? They'd be willing to waste a lot of valuable resources and heavily reduce the node count just in order to be able to process small purchases on the main chain. I don't see a valid reason for this; your $1 purchase doesn't need the security of a 1 Exa-hash network.

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LegendaryActivity: 2884Merit: 1753 Re: Bitcoin Core Roadmap visualized February 03, 2016, 09:27:08 PM

Last edit: February 03, 2016, 09:52:13 PM by franky1 #19 Quote from: Lauda on February 03, 2016, 09:02:34 PM Quote from: thejaytiesto on February 03, 2016, 06:53:20 PM Node count should be considered centralized when people with decent computers cannot run a node on their bedroom, this is I think very clear. If people can't run a node on a single computer, its when the centralization process starts and once it starts it will expand like mining, it will end up getting "specialized", so it's crucial that we never get past that point where people can run nodes at home.

Exactly. I've asked the 'big blockist' and 'forkers' before and got no reply (aside from insults). Currently there are people that run nodes on Raspberry Pi's. Obviously this won't be possible in the future unless there is an updated version but we can disregard that. Where is the cut-off point, Pentium, Dual Core, Intel i3? They'd be willing to waste a lot of valuable resources and heavily reduce the node count just in order to be able to process small purchases on the main chain. I don't see a valid reason for this; your $1 purchase doesn't need the security of a 1 Exa-hash network.

Exactly. I've asked the 'big blockist' and 'forkers' before and got no reply (aside from insults). Currently there are people that run nodes on Raspberry Pi's. Obviously this won't be possible in the future unless there is an updated version but we can disregard that. Where is the cut-off point, Pentium, Dual Core, Intel i3? They'd be willing to waste a lot of valuable resources and heavily reduce the node count just in order to be able to process small purchases on the main chain. I don't see a valid reason for this; your $1 purchase doesn't need the security of a 1 Exa-hash network.

people have replied to lauda. but he ignores and then deletes posts because it proves his agenda wrong.

EG

Skype videocalls. 30mb every 10 minutes.(upload)

netflix HD tv shows 500mb(download)



yet millions of people can use those services without being a datacenter..



i have made a valid comment in reply to the questions asked in a valid post. if this post gets deleted then so should the posts i have quoted as they are all linked. if only my post gets deleted then it shows Lauda is trying to hide the truth to pretend there is no rebuttal to his mindset



honest question time now lauda. just choose A B or C which statement fits your mindset



A. i know data is not a good excuse to not fork.. but im not sure of how orphans work or blockheights work to bring the network inline so im scared of forks

B. i know how forks work but im paid by blockstream to try ensuring blockstream dominates and has control

C. im not paid by blockstream i am just emotionally tied to the core developers through friendship and want them to be rich and powerful people have replied to lauda. but he ignores and then deletes posts because it proves his agenda wrong.EGSkype videocalls. 30mb every 10 minutes.(upload)netflix HD tv shows 500mb(download)yetof people can use those services without being a datacenter..honest question time now lauda. just choose A B or C which statement fits your mindsetA. i know data is not a good excuse to not fork.. but im not sure of how orphans work or blockheights work to bring the network inline so im scared of forksB. i know how forks work but im paid by blockstream to try ensuring blockstream dominates and has controlC. im not paid by blockstream i am just emotionally tied to the core developers through friendship and want them to be rich and powerful I DO NOT TRADE OR ACT AS ESCROW ON THIS FORUM EVER.

Please do your own research & respect what is written here as both opinion & information gleaned from experience. many people replying with insults but no on-topic content substance, automatically are 'facepalmed' and yawned at