Post
Topic
Board Speculation
Re: Gold collapsing. Bitcoin UP.
by
iCEBREAKER
on 06/07/2015, 19:29:41 UTC
since small pools can also connect to the relay network, and i assume they do, there is no reason to believe that large miners can attack small miners with large blocks.

Basic misunderstanding there

Quote
how can that be?  mining pools all use a full node around which they coordinate their mining.  all full nodes are relatively in sync with their mempools
There is no requirement that mempools be in sync, -- in fact, they're not and the whole purpose of the blockchain is to synchronize nodes.
 
Quote
it's statistically unlikely that full blocks today represent the magical level of "large" blocks that Satoshi set 6 yrs ago.  the problems we are having with the forks are a result of the defensive tactics being taken from those full blocks.
Almost none of the blocks have been 1MB, the issues arise before then.

The more gmax patiently ELI5s basic Bitcoin 101 to Frap.doc, the more Frap.doc looks like a five year old.   Cheesy