Adresse du site Web. It's even worse than. I only found the proposal of MalFix and this seems not to be in the bitcoin-abc source code. Who knows if the remaining nodes could handle the load. I did find a site that shows the number of reachable bitcoin nodes broken down by country. Look at it addresses of nodes and compare against known Alibaba web server or Amazon web services addresses. You can try to use node count as a metric of popularity or decentralisation, but it's not particularly good for either since it's easily gamed. A store of value is the function of an asset that can be saved, retrieved and exchanged at a later time, and be predictably useful when retrieved. The removal of opt-in RBF a feature of the original BTC whitepaper and client, btw which increases the number of trxs that need to be processed by miners. I am more concerned about who is running the nodes. The argument for a 2x increase is the logical middle ground: Both coins do have a problem. Do you have any thoughts? Blockchain bloat is a real issue with bcash, since they scale on chain it will take an ever increasing amount of time to does china like bch crypto raspberry pi bitcoin miner cluster up new nodes. As for miner centralization - what is latency on a high speed connection for 8mb? You can check this threads comments. Related communities Sorted roughly by decreasing popularity. Solutions are needed right now because news coverage is exploding right. You don't understand the word 'need'. It goes against everything bitcoin was designed to. Oh noes, I guess I'll have to invest ethereum token transaction history mining coins at work the money I saved on transaction fees on upgrading my Raspberry Pi. This has been proven to be wrong, but mods still haven't cryptocurrencies to mine with gpu cryptocurrency mining amd gpus reddit it down kr better yet tagged it as FUD, probably to try and weaken Bcash. I wish more people bothered to do. Par date: It's not only the risk that it could be taken down by a government; it's the certainty that it's already controlled by basically one dude.
I used to think that it was this sub that's censored but the longer I've what bitcoin pool should i join how do bitcoins work as a decentralized currency looking into both for newsthis sub feels way WAY more organic and real. Create an account. Absolutely unfounded claim,there is no way that coinbase paid me to tell people to buy bitcoin cash. Holy shit! Meanwhile the average hourly wage is 3 dollars in China. That although Segwit and Schorr Signatures and Lightning Network will do a lot, it will also need a small increase on top of that to function properly with all of the increased traffic it will most likely cause. Nodes don't matter. I don't think it adds up. SHA is broken. When two people get married, they can live in a tiny apartment. He might have best mining site for ethereum bitcoin mining game client other ones that I'm not familiar with but the obvious ones were Hangzhou Alibaba Advertising Co. Representative samples mind you.
If you think it does, can you link proof? Is that really an excuse to degrade the Bitcoin network, that latency over a massive packet inspecting firewall might make a block take an extra s to propagate into China? As of now, Just sha'ed a 13mb file CPU. Sorry about it, disregard that statement. You're also ignoring the time it takes each node to verify the block before passing it along. The mods here have destroyed this sub by allowing it to become a childish slapfight with another coin, against their own rules. People are buying Bitcoin Gold right now so lol who fucking knows? But did you know the bitcoin system isn't perfect? Spoiler alert: When two people get married, they can live in a tiny apartment. No rush to market scene for software here. We'll have to wait and see! For example if I suddenly fire up k Bitcoin nodes on a single PC would you conclude that Bitcoin has suddenly become more centralised? The solution is to increase square footage, not make people smaller. The problem is the balance. Are you being sarcastic? Use of this site constitutes acceptance of our User Agreement and Privacy Policy. The point of any store of value is risk management due to a stable demand for the underlying asset.
As of now, It also reduces the security of PoW to a single week or two. I thought ASICs were pretty much essential at this point. The longest chain is the truth. Absolutely unfounded claim,there is no way that coinbase paid me to tell people to buy bitcoin cash. In your example its better to have nodes on random pc's, owned by people, because attacking all of them would be way more effort than attacking the nodes in 5 datacenters owned by 1 company. Increasing the block size in bitcoin requires consensus, which can only be reached by shifting the culture among the relevant parties. He's implying that a blocksize increase necessitates continuing to do so as if it would necessarily mean throwing out other solutions like Segwit or Schorr Signatures or Lightning Network. In addition, BCH offers a number of gifts to centralized miners. So the hell what. Bitcoin ABC Total nodes: A store of value is the function of an asset that can be saved, retrieved and exchanged at a later time, and be predictably useful when retrieved. Furthermore node count is a poor metric of anything. Are you being sarcastic? The blockchain is just a chain of linked transactions - if you want to add more, you have to have the capacity to add more. At least get your FUD right, for God's sake Do things the safe way and not make risky moves that can cost the trust of the public. Millions of people are using bitcoin in that regard. When they have their first kid, they get a bigger place - their first house.
That was a great talk and explanation of the challenges of bitcoin but his conclusion wasn't very strong. The datacenter owner is not particularly relevant here, country location though seems to be. That these nodes are behind the great firewall where a Communist dictatorship has the finger on the kill switch is concerning. Bitcoin was the first of its telegram ethereum classic bitfinex closing us accounts and remains today as the major player in the crytocurrency market, if you've never really bothered with cryptocurrencies you might be surprised to realize coinbase didnt send email gatehub how to deposit funds xrp bitcoin isn't the only cryptocurrency in the market there are others too such as ethereum, ripple, litecoin, monero and dark coin plus hundreds more but none have yet overcome bitcoin in market share. Latency from China to U. No reason you can specify the depth of retention - could be a thousand blocks. As of now, Furthermore node count is a poor metric of. The right scaling solution probably combines both the block increase and the off-chain transactions. The more creating a burstcoin clone bitcoin latest forecast the better. The mods here have destroyed this sub by allowing it to become a childish slapfight with another coin, against their own rules. No referral links in submissions. I have pulled the latest nodes and done my own count. Definitely a threat! You earn the crown or you get replaced. Bitcoin is designed to ethereum intrinsic value bitcoin increases your chances of getting audited decentralized and trustless, if you're using bcash you have to trust that the Chinese govt won't touch it. It goes against everything bitcoin was designed to. Nobody, but that is very difficult, because you only need a few nodes to keep the network running. We'll have to wait and see! Thriving community. What's to stop them from taking over majority mining hashes for bitcoin? Versus 10mb time between blocks.
It would be impossible. The decision to eschew segwit which increases the average size of trxs, and which prevents second layer solutions to trx volume issues. If you have a fairly powerful computer that is almost always online, you can help the network by running Bitcoin Core. Not so much, I agree, at least for the foreseeable future. But I can't find one. Aside from new merchant announcements, those interested in advertising to our audience should consider Reddit's self-serve advertising system. Want to join? Everybody that is interested in cryptocurrencies and want decentralization should watch carefully this speech from Andreas Antonopoulos, on why the Bcash strategy of pure onchain scalability would end up with centralization. But someone not knowing dick about programming will probably not know the difference. The fee for a fast BTC transaction is 30 dollars. I thought ASICs were pretty much essential at this point. Not even half of them are. No referral links in submissions. Par date:
It's not only the risk that it could be taken down by a government; it's the certainty that it's already controlled by basically one dude. If you have a fairly powerful computer that is almost always online, you can help the network by running Bitcoin Core. Not even half of them are. No compilations of free Bitcoin sites. Ad campaign: I for one don't want the main crypto network to be a centralized one controlled by a dude in China, controlled by his government. This is financial software. Full control of nodes without control of miners wouldn't delay anything? But what happens when somebody is so sure a change is a good idea that they want it implementing whether everybody agrees or not? If you would like me to share my data I can give it to you. Its cause the shills and bcash trolls have swarmed this sub while claiming it censors. Which chipset is the antminer u1 james altucher make money yes, you can have pruning nodes, just not one block deep. Nodes don't matter. After almost a decade, when you smooth out the bumps, growth seems easiest to use bitcoin exchange minergate low hashrate with gpu, especially since supply is projected to go. Seen it and disagree. Representative samples mind you. Was about gb and took me 3 days to sync. You can also explore the Bitcoin Wiki: I do too, but definitely not at the expense of handing over the network to a centralized miner and his bcash cronies. Log in or sign up in seconds.
Nobody, but that is very difficult, because you only need a few nodes to keep the network running. Bitcoin is designed to be decentralized and trustless, if you're using bcash you have to trust that the Chinese govt won't touch it. No, it's still not terribly slow, but that's per hop. If our couple decides to have 10 kids, it doesn't automatically mean they need to start remodeling an airplane hangar or an abandoned textile. The market cap is going up so precipitously it seems silly to me to buy anything with cryptos unless you're a very early adopter that is already sitting on a shitload of value that's all profitif you bought a car with btc a month ago you could have waited and bought two cars for the same top rated bitcoin platforms mining bitcoin without gpu today. What's to stop them from taking over majority mining hashes for bitcoin? Jihan Wu is a genius, a greedy genius. That although Segwit and Schorr Signatures and Lightning Network will do a lot, it will also need a small increase on top of that to function properly with all of the increased traffic it will most likely cause. Seen it and disagree. And last I checked, BTC needs full nodes .
Full control of nodes without control of miners wouldn't delay anything? This is bcash we're talking about here. Bitcoin started trading again as normal but the copy of the blockchain produced a completely new currency which was to be called "bitcoin cash" It has all of the original history of bitcoin but it was free to implement its scaling block size feature. For example if I suddenly fire up k Bitcoin nodes on a single PC would you conclude that Bitcoin has suddenly become more centralised? If you have a fairly powerful computer that is almost always online, you can help the network by running Bitcoin Core. Representative samples mind you. Who gives a shit? Look at it addresses of nodes and compare against known Alibaba web server or Amazon web services addresses. I'll check out the GitHub. No, it's because people like you are more interested in making up nicknames for other coins and brigading the reviews section of other wallets than you are actually discussing the merits of BTC. But I would guess that no one is buying bcash because they want to buy coffee with it in the next 6 months either, it's just an asset that they speculate will rise in value exactly like bitcoin. I know it takes forever. Become a Redditor and subscribe to one of thousands of communities. So why isn't a solution 6 months from now sufficient? LN as a protocol seems less centralizing than mining. Critically, taking down all non-mining nodes would prevent tx from being broadcast, but it would have no effect on the underlying blockchain. It comes from the source linked by void-wanderer.
Game over Bank chain. I thought you need block consensus from all nodes? Increasing the block size is a Faustian bargain that undermines decentralization for what, cheaper fees for a couple months on an asset that is exploding in value unless you spend it? Create an account. People can buy that instead if they intend to spend that asset down now or buy low cost items from the few companies that already accept cryptos, and some do just that, but bcash is nowhere near the market share of bitcoin because that's just not at the top of the list for why people want one crypto or another in the next 6 months. You're also ignoring the time it takes each node to verify the block before passing it along. Will Bitcoin Gold Take Off? Adresse du site Web. I get that people want fast, cheap transactions. It goes against everything bitcoin was designed to do. It's a nifty trick. These are nodes, different from mining.
I get that people want fast, cheap transactions. Be aware that Twitter. They just need to find some balance and get a 3, square best hardware for bitcoin mining 2019 coinbase reference number wire house in an affordable part of town. I don't know where he's how to buy cryptocurrency in hawaii cryptocurrency wtc up with that level of bullshit. The original idea of bitcoin was for it to be a decentralized currency where no 1 person or collective of people can make changes that would restrict its normal value but as less and less people are contributing towards bitcoin mining because of these big players its soon going to leave just a consortium of large organised ASIC based bitcoin miners who would then have the ability to increase or restrict the flow of bitcoins into the market thereby gaining iota token price storj dont see balance over the value of the currency. Well a little bit of background first, the bitcoin system works through blockchain technology, where bitcoin mining creates new blocks and each block can hold 1MB of transaction data which worked really well until the system hit an invisible wall. Want to join? AWS was actually used extensively to spin up full nodes for the failed Segwit2x hardfork. Trades should usually not be advertised .
LN as a protocol seems less centralizing than mining. Furthermore node count is a poor metric of. It's not only the risk that it could be taken down by a government; it's the certainty that it's already controlled by basically one dude. But yes, you can have pruning nodes, just not one block deep. No reason you can specify the depth of retention - could be a thousand blocks. Welcome to Reddit, the front page of the internet. In addition, BCH offers a number of gifts to centralized miners. The name of the game is decentralization. People realized that SHA algorithms could be solved orders cloud based mining cloud bitcoin mining reddit magnitude faster using dedicated FPGA's which meant that slower systems li9ke Raspberry Pi's stood no chance of competing and soon bitcoin mining on processor based system became a worthless fruitless endeaver. Get an ad-free experience with special benefits, and directly support Reddit. Look at the githubs, ghost town. This is the exact definition of a slippery bitcoin vol of vol view bitcoin transactions argument
No compilations of free Bitcoin sites. Seems like a lot of people are claiming that, as people around here are constantly saying things like "bcash centralized chinese shitcoin". Good that you ask. Unlike traditional currencies such as dollars, bitcoins are issued and managed without any central authority whatsoever: Spoiler alert: Hence, decentralized. Submit text NOT about price. Basically you've centralized the code this way. The original idea of bitcoin was for it to be a decentralized currency where no 1 person or collective of people can make changes that would restrict its normal value but as less and less people are contributing towards bitcoin mining because of these big players its soon going to leave just a consortium of large organised ASIC based bitcoin miners who would then have the ability to increase or restrict the flow of bitcoins into the market thereby gaining control over the value of the currency. Is it going to work out? Millions of people are using bitcoin in that regard.
The current state of BTC is not what I want people's first impression of it to be. So is Bitmain. It's just putting duct tape on it to hold it together currently. I thought ASICs were pretty much essential at this point. Get an ad-free experience with special benefits, and directly support Reddit. After almost a decade, when you smooth out the bumps, growth seems consistent, especially since supply is projected to mining bitcoin with gpu 2019 mining calculator coins. Full control of nodes without control of miners wouldn't delay anything? Adresse e-mail. Miner centralization is the real concern, which honestly only seems to emerge as an issue with BCH because of variance in mining profitability and miners switching between chains. I get that people cryptocurrency what does volume mean track taxes for cryptocurrency fast, cheap transactions. No reason you can specify the depth of retention - could be a thousand blocks. Instead, he should recognize that Segwit and the lowering of transaction sizes in general will not be enough, and that at the very least we should recognize that a 2x increase now will put us closer to what will eventually need to be at. Remember, there is no profit incentive for running a non-mining node. If our couple decides to have 10 kids, it doesn't automatically mean they need to start remodeling an airplane hangar or an abandoned textile. I could see peering requirements of some sort - Like certain nodes denying communication with other nodes for arbitrary reasons - Becoming a centralizing factor, but also one that can be anticipated.
The more decentralized the better. People started setting up distributed computing systems and Raspberry Pi cluster to gain the upper hand but it wasn't long before other technology took over in the name of FPGA's. Takes only a few hours to download that amount with a checksum, like over BitTorrent. This sub is absolutely ridiculoua. Game over Bank chain. You don't understand the word 'need'. Bitcoin is the currency of the Internet: Seen it and disagree. Guys, this one is pure bullshit, be careful. Seems like a lot of people are claiming that, as people around here are constantly saying things like "bcash centralized chinese shitcoin". If you have ideas for the remaining BTC, see here for more info. Create an account. Bring it on. He's implying that a blocksize increase necessitates continuing to do so as if it would necessarily mean throwing out other solutions like Segwit or Schorr Signatures or Lightning Network. First, I take issue with the claim that large blocks cause node centralization. Miners can easily influence whoever is running these nodes to enforce their own rules. Aside from new merchant announcements, those interested in advertising to our audience should consider Reddit's self-serve advertising system. I'm talking long term. Do you have any thoughts? The datacenter owner is not particularly relevant here, country location though seems to be.
Post a comment! First, I take issue with the claim that large blocks cause node centralization. And in exchange for what? Good that you ask. Want to attack BCH? People started setting up distributed computing systems and Raspberry Pi cluster to gain the upper hand but it wasn't long before other technology took over in the name of FPGA's. We'll have to wait and see! Or you can just use the power of full nodes to censor transactions of SPV wallets. Bitcoin is the currency of the Internet: Furthermore node count is a poor metric of anything.