Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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Some of the data on that site make little sense to me, however. I don't really understand how they are calculating average blocksize as compared with median blocksize, and why there would be a difference between those two concepts (except through their definition of such).
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Some of the data on that site make little sense to me, however. I don't really understand how they are calculating average blocksize as compared with median blocksize, and why there would be a difference between those two concepts (except through their definition of such).
[blablablablablabla]
https://www.vocabulary.com/articles/chooseyourwords/mean-median-average/
Hahahahahaha
I will admit that I had a brain fart, and for a moment, I was considering mean and median as the same.
So, O.k. I will agree that reviewing information about the median could be helpful to various analysis regarding whether there are block full problems and transaction time problems that are resulting from block fullness, and blockchain.info charts are providing the mean for blocksize, but so far, seem to not be providing the median. At least, I have not found it, so far.
i think we all know it was more than just a brain fart.... it was more white matter disconnects and grey matter synaptic clipping. just last week juanthegeeguy claimed there were no bloatchain problems with blocks being full.. now he needs to review information .. lol . go jaun review real hard this time!
It seems that you, Mr. Aztec, have some difficulties with reading comprehension.
In my earlier comment, I conceded that I had not recognized the difference from median and mean in the referred to charts; however, I did not concede that there was any kind of meaningful blockchain fullness problem.
I also conceded that looking at median blocksize information could potentially allow for various additional arguments regarding blocksize fullness, that may not be as meaningful by using mean blocksize information.
None of my concessions imply that there is actually in existence convincing information concerning the extent to which some posters tend to argue about "emergency" blockchain fullness issues that would require immediate action beyond various currently ongoing seg wit considerations and later on potential blocksize limit increases that are being considered for sometime after the implementation of seg wit, such as potential blocksize limit increase considerations described in the HongKong agreement.