Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
hisslyness
on 09/04/2019, 23:36:00 UTC
yes totally agree with you on your last point....

The highway analogy was not about space to build the highway, but rather it doesn't matter how many lanes are built, it will still eventually get to the same outcome as a 1 lane highway. You will still end up with traffic congestion, nothing has been solved. I was merely trying to associate with the fact bitcoin developers was not concerned with building more lanes, ie increase block size, but focusing on alternate transport methods or alternate transport habits. ie layer 2 scaling.

As I pointed out earlier, and I quote: Stupid analogy is stupid.

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There also comes to a point where you may never be able to run full node from scratch. Based on a 30sec a 1MB validation time

According to statement by gmaxwell, Core 'nodes' do not verify back to the genesis block, relying instead upon checkpoints. I deigned to just accept his assertion on this point - it may be incorrect.

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and i have read somewhere that it may be quadratically longer the bigger the block.

Yes. Operative word is _may_. One is able to construct an aberrant block that requires quadratic time to verify. Fortunately, this is a self-rectifying non-problem.

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Just to confirm the 30sec theory, i'd shutdown my Bitcoin Node, was 8 blocks behind, fired it back up and it took about 5mins to catch up 10 blocks, two blocks was found while validating/catching up.

Folly of trying to limit the performance of our lifetime's second most significant technological achievement, only in order to satisfy having essentially zero skin in the game, is duly noted.



Yeah we are not going to agree on anything mate.

Let not even attempt to discus Moore's Law and the possibility of it not fully applying in 2020/30/50. That another 10 pages on the WO wasted!

The one thing, I have noticed from you, is the vague response you give, wether it is tactic you employ to evade and dismiss people or to counter arguments, in a way of "I didn't say that" or "I meant this"

Anyhow,

You cannot convince me a "different approach" is the wrong way to handling bitcoin scalability... and

I cannot convince you bigger blocks/dynamic blocks or anything to do with blocksize will NOT scale bitcoin.