Post
Topic
Board Bitcoin Discussion
Re: Why Blockstream is against "contentious" hard forks - Control
by
franky1
on 06/06/2016, 08:40:47 UTC
The irony here is that a increase of the block size limit is no solution at all.

^ says a blockstream devotee who doesnt know C++ or much java and has not even read a line of code.
Whoever I've asked previously (as I don't do C++ myself) said that the complexity is overblown by a 'certain group'.

if i would to rank blockstreamers out of 10, based their opinion beyong backed by first person knowledge.. 1 being dont trust and 10 being believe.
gmaxwell is a 6 but lauda is a minus 50.

lauda is clueless, he just repeats what he has been spoonfed but has never used his own mind to actually look into what he has been told.

though gmaxwell has obvious bias in regards to his opinion.. i would actually like some factual data from gmaxwell about the actual REAL bloat vs capacity ratio.

EG
blockstream (backtracked): 1.8mb for 4500tx
2mb hardfork: 2mb for 5000tx
or
blockstream (original road): 5.7mb for 7500tx
3mb hardfork: 5mb for 7500tx

note. yes im ignoring lauda and gmaxwells blind assumptions that an AVERAGE transaction is ~250bytes.
because they blindly assume 1mb gives 4000tx now, and will give 1.8x that (7200 in their backtracked roadmap or 14,400 in the original)

 when real stats that can easily be checked shows the average is 400-600bytes per tx, so a better assumption is about 2500tx for 1mb block as a safer number of realistic usage, rather than 4000(250byte) they claim now
you too can easily do the maths. i wont be cherry picking.. instead i will just grab the last 10 blocks at the time of posting

take block 415033... 988,135bytes .. 1342tx     988,135/1342 = ~744byte/tx average
take block 415032... 998,086bytes .. 2439tx     998,086/2439 = ~409byte/tx average
take block 415031... 840,904bytes .. 1391tx     840,904/1391 = ~606byte/tx average
take block 415030... 320,119bytes ..   350tx     320,119/350   = ~915byte/tx average
take block 415029... 998,221bytes .. 2600tx     998,221/2600 = ~383byte/tx average
take block 415028... 579,085bytes .. 1268tx     579,085/1264 = ~458byte/tx average
take block 415027... 436,392bytes ..   800tx     436,392/800   = ~545byte/tx average
take block 415026... 232,350bytes ..   469tx     232,350/469   = ~495byte/tx average
take block 415025... 517,189bytes ..   895tx     517,189/895   = ~578byte/tx average
take block 415024... 173,321bytes ..   349tx     173,321/895   = ~496byte/tx average

average = 563.. not 250.. the 250 is the MINIMUM not the average(median)