Post
Topic
Board Pools
Re: [25+PH] KanoPool kano.is 0.9% PPLNS US,DE,SG,JP,NL,NYA 🐈
by
kano
on 25/03/2017, 00:21:28 UTC
Lots of blocks!  Always a good thing, especially with the price of bitcoin  Roll Eyes

I think it's becoming clear it's not an ETF rejection, but the  Undecided fork  Embarrassed discussions.  I've been thinking on this post:

P.S. core is the cause of this problem, clearly ignoring what the majority of Bitcoin want.
70% voiced interest in wanting BIP100 ... no sign of that.

I agree. Is it possible to signal BIP101? It's an interesting proposal by Gavin Andresen: "I really don't care what the rule is. I just like predictable rules.  I like knowing what the block size is going to be like on Feb 15, 2022."

Where he received the project directly from Satoshi (or is Satoshi, right), perhaps it's worth a look?

Happy mining! Tongue

EDIT: He encourages not mining blocks with the current version.
Heh, no I think BIP101 is probably the worst option so far.
It's making a ridiculous assumption about how quickly bitcoin can expand and ignoring the possible side effects of that.

From a miner's point of view, it also means a drastic drop in txn fees.
As we all know, fees are up at the moment, but if the block size jumps up too fast, fees will drop VERY fast.

Having a way to keep a balance between supply and demand (block size and transactions) is important in my opinion, which is why BIP100 was the best in my opinion also Smiley
Forcing growth at an exponential rate as BIP101 wanted was way too fast and unnecessary in my opinion.

As I said here: Smiley
https://bitcointalk.org/index.php?topic=789369.msg18218127;topicseen#msg18218127