Post
Topic
Board Bitcoin Discussion
Re: [POLL] Is bigger block capacity still a taboo?
by
BlackHatCoiner
on 18/11/2023, 15:02:33 UTC
Why didn't you calculate this for 10 MB blocks? After all, we are talking about this increase now.
For increase to 10 MB, I'll right as well vote in favor, and maybe a little higher than that. I have clarified before that I'm not strictly against anything beyond 4 MB, I'm just not of the opinion that it's going to solve the problem; it's only delaying it.

Can somebody show me some data or a paper to support this?
It's simple. When a miner mines a block, they are the first to have verified that block; it happens during mining to check for the validity of the transactions. When they broadcast their block, the rest of the miners must firstly verify it before mining on top. The bigger the block size, the more time it takes to verify the block, and hence, the more the time the lucky miner gains to continuing mining alone.

And it's not just verification, it's propagation as well. If you we had 1 GB of blocks, as in BSV, you could perhaps imagine this better. During the time that gigabyte is traveling across the network and is in the process of verification, the lucky miner gains invaluable time advantage.

First, please don't do this, nobody said 100MB, let's not make a mockery out of it!
What's the ideal block size according to you?

So bottom line, users have paid in the last 24 hours on no ordinals transactions enough money so that 20,000 nodes would get an 8TB drive! In one F word day!
Seriously? Seriously? All because of a $300 drive? Common!
You persist in presenting this as the ultimate argument, despite my repeated assertions that the storage requirement is not our foremost concern.

So a CoreDuo E6600 vs Core i5-10600, intentionally middle processor 3 years old at the date of launch of now, ignoring the duo was $320 on launch and the i5 $210 so 50% cheaper, 18.2 gflops vs 482.3 gflops...lol!
I mean, yeah, if you dedicate a modern PC to running a full node, it will take a couple of days to reach the tip, but as per my experience goes, people don't use resource-intensive machines solely for that purpose. If you use a Raspberry Pi 4, it'll take a week to finish the first 500 GB.