-development] No Bitcoin For You
On Mon, May 25, 2015 at 1:36 PM, Mike Hearn m...@plan99.net wrote:
This meme about datacenter-sized nodes has to die. The Bitcoin wiki
is down right now, but I showed years ago that you could keep up with VISA
on a single well specced server with today's
If capacity grows, fewer individuals would be able to run full nodes.
Hardly. Nobody is currently exhausting the CPU capacity of even a normal
computer currently and even if we did a 20x increase in load overnight,
that still wouldn't even warm up most machines good enough to be always on.
On Mon, May 25, 2015 at 1:36 PM, Mike Hearn m...@plan99.net wrote:
This meme about datacenter-sized nodes has to die. The Bitcoin wiki is down
right now, but I showed years ago that you could keep up with VISA on a
single well specced server with today's technology. Only people living in a
.
From: Jim Phillipsmailto:j...@ergophobia.org
Sent: 26/05/2015 12:27 PM
To: Mike Hearnmailto:m...@plan99.net
Cc: Bitcoin Devmailto:bitcoin-development@lists.sourceforge.net
Subject: Re: [Bitcoin-development] No Bitcoin For You
On Mon, May 25, 2015 at 1:36 PM, Mike Hearn m...@plan99.net wrote
the transaction throughput.
--
From: Jim Phillips j...@ergophobia.org
Sent: 26/05/2015 12:27 PM
To: Mike Hearn m...@plan99.net
Cc: Bitcoin Dev bitcoin-development@lists.sourceforge.net
Subject: Re: [Bitcoin-development] No Bitcoin For You
On Mon, May 25, 2015 at 1
and
just increase the transaction throughput.
--
From: Jim Phillips j...@ergophobia.org
Sent: 26/05/2015 12:27 PM
To: Mike Hearn m...@plan99.net
Cc: Bitcoin Dev bitcoin-development@lists.sourceforge.net
Subject: Re: [Bitcoin-development] No Bitcoin For You
On Mon
appletonmailto:gapplet...@gmail.com
Sent: 26/05/2015 12:41 PM
To: Thy Shizzlemailto:thyshiz...@outlook.com
Cc: Jim Phillipsmailto:j...@ergophobia.org; Mike
Hearnmailto:m...@plan99.net; Bitcoin
Devmailto:bitcoin-development@lists.sourceforge.net
Subject: Re: [Bitcoin-development] No Bitcoin For You
-development@lists.sourceforge.net
Subject: Re: [Bitcoin-development] No Bitcoin For You
Frankly I'm good with either way. I'm definitely in favor of faster
confirmation times.
The important thing is that we need to increase the amount of transactions
that get into blocks over a given time frame
Sent: 26/05/2015 12:53 PM
To: Thy Shizzle thyshiz...@outlook.com
Cc: Mike Hearn m...@plan99.net; Bitcoin Dev
bitcoin-development@lists.sourceforge.net
Subject: Re: [Bitcoin-development] No Bitcoin For You
Frankly I'm good with either way. I'm definitely in favor of faster
confirmation times
-development@lists.sourceforge.net
Subject: Re: [Bitcoin-development] No Bitcoin For You
Frankly I'm good with either way. I'm definitely in favor of faster
confirmation times.
The important thing is that we need to increase the amount of
transactions that get into blocks over a given time frame
bitcoin-development@lists.sourceforge.net
Subject: Re: [Bitcoin-development] No Bitcoin For You
Frankly I'm good with either way. I'm definitely in favor of faster
confirmation times.
The important thing is that we need to increase the amount of
transactions that get into blocks over a given
I agree with this analysis. I'm not sure if we will increase 1 MB
block size or not, but with a block size that small, it is all but
impossible for most people on the planet to ever own even a single utxo.
At 7tps, how long would it take to give 1 utxo to all of the 7 billion
people currently
A recent post, which I cannot find after much effort, made an excellent
point.
If capacity grows, fewer individuals would be able to run full nodes.
Those individuals, like many already, would have to give up running a
full-node wallet :(
That sounds bad, until you consider that the alternative
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