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05-01 15:55 - 'It is very obvious I was referring to the hard coded limit of 1MB, still in the code to this very day, that means without segwit a block is limited to 1MB. / / Block size refers to this limit by convention, blo...' by /u/ROTwasteman removed from /r/Bitcoin within 12-22min
''' It is very obvious I was referring to the hard coded limit of 1MB, still in the code to this very day, that means without segwit a block is limited to 1MB. Block size refers to this limit by convention, block weight refers to what you are talking about. If we're being really pedantic, (which it seems like you are) you are using the conventional terms incorrectly to call me a liar. You were being misleading as you imply the "average block limit" (again a nonsense term, limits don't have an average) has doubled. What are you accusing me of changing by editing? I've only added additional information, within a few minutes of making the comment. So who's being misleading again? You have quoted me multiple times and nothing is changed there so....... The context of my entire participation in this thread is to actually provide some balance to this sub's insistence that lightning is currently a good working, useful, scaling solution. Which it just isn't for the vast majority of bitcoin users. I fully expected to be downvoted while people who point out that you can use lightning to have online casinos take your money (don't really need inbound capacity for that) get voted up. This is from someone who has been here since 2011 and runs a full bitcoin and lightning node. As well as a bitcoin based business, that is still trying to find a non shit way to integrate lightning. ''' Context Link Go1dfish undelete link unreddit undelete link Author: ROTwasteman
Bitcoin on Twitter: "BTC's block size has been constrained to a mere 1MB so anyone can afford to run a node, but users are expected to transact on #LightningNetwork which requires multiple hard drives and an always-online full node that causes users to lose all their money if it goes offline. Hmmm"
Announcing BRSV (Bitcoin REAL Satoshi Vision) - A new hard fork of BSV with unlimited block size
I am tired of these BSV assholes holding us back from the REAL satoshi vision, so it's time to kick these guys off our BSV network and scale as satoshi really intended! 128mb is way too small! If Craig and Coingeek want to fight our fork, then it will be a hashwar to the death and we will reorg BSV. They can fuck off! I don't care! We will be doing a stresstest with 1TB blocks soon, finalizing the fork between the two. Don't worry about downloading a node, we will be the only ones running it and the only software we will be releasing is a SPV wallet. Coming soon! BSV also has a critical error which I will be announcing in 2025, so I recommend selling ASAP!
On June 25, 2015 Gavin Andersen tried to increase the Bitcoin BTC block size through a hard fork. The developers purposely modified Bitcoin Trunk to break his comimts and prevent his code from working.
Closing for now; too painful to try to keep up with the movement of code from main.h to policy/policy.h.
Gaving was writing BCH before it was cool to write BCH. EDIT: He tried to write code to allow a hard fork with a larger block size. And the other devs made sue his code would not merge back into the main development tree. The title is a little misleading. Apologies. I can't edit it.
I'm sounding like a broken record, but can we please use the term "protocol upgrade"? Bitcoin Cash had a protocol upgrade. It did not hard fork. At no time was any Bitcoin Cash block created that isn't on the main chain. Confusingly, NChain (SV) created an actual hard fork of BCH at the same time.
Reminder: Cobra-Bitcoin the co-owner of Bitcoin.org admits we would have won a Nakamoto Consensus style hash war for big blocks on Core: "they tricked you because BU was building momentum and instead they made you altcoiners before you could actually hard fork...they shoved segwit down your throat"
The Trezor Bitcoin hardware wallet pioneered the era of hardware wallets. Created by SatoshiLabs, it is the world’s first secure Bitcoin hardware wallet.. It looks like a small calculator with an OLED screen. Randomly generated nine digit pins and a 24-word recovery seed key ensures security in case the device is lost or damaged. The last time a Bitcoin hard fork was attempted, it attracted vicious debate. Several big Bitcoin businesses and miners rallied around a hard fork called Segwit2x in 2017. Betrachten wir eine Hard Fork weit ab von Bitcoin und Blockchain, anhand eines Beispiels aus der analogen Welt: Man stelle sich eine Gruppe Vegetarier vor, die sich kollektiv auf die (Konsens-)Regel „Wir essen kein Fleisch“ einigen. Jetzt ändert ein Teil der Gruppe ihre Meinung und möchte auch Fleisch verzehren. Die Personen schließen sich zusammen und bestimmen, eine Hard Fork ... We are passionate about Bitcoin and the freedom it gives, allowing people to take control of their own money. We want to grow by being able to help the Australian Bitcoin community develop. Contact Us Email: [email protected] Recent Post. Bitcoin News Roundup For September 2020. September 30, 2020 . Bitcoin News Roundup For August 2020. August 31, 2020. Bitcoin News Roundup For July ... Hard Fork und Soft Fork sind wichtige Bestandteile der Blockchain-Technologie. Die Blockchain von Bitcoin befindet sich am Limit ihrer Kapazitäten. Etwa alle zehn Minuten wird ein neuer Block erstellt, der zahlreiche Daten zu unzähligen Transaktionen in sich trägt.
BITCOIN STEHT KURZ VOR EINEM AUSBRUCH!!! Gute Nachrichten ...
Max Keiser: China secretly hoarding gold and will unleash crypto backed by metal and destroy USD - Duration: 16:16. Kitco NEWS 209,783 views. New Bitcoin split in two in August when the digital currency officially forked creating Bitcoin Cash. Bitcoin gold was created when bitcoin forked again in Octob... Hard Forks and Soft Forks in Blockchain and Cryptocurrency - Duration: 3:26. ... 3:26. What is a Bitcoin hard fork? Simply Explained! - Duration: 4:41. Simply Explained - Savjee 65,007 views. 4:41 ... Hard forks and soft forks are essential to the development of blockchain and cryptocurrency. Learn about the differences between these forks and how they work in this video. The Bitcoin blockchain is doing a hard fork and splitting on the 1st August 2017 into Bitcoin (BTC) and Bitcoin Cash (BCC/BCH). Make sure you have your priva...