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by etr-strike 3117 days ago
You’re upset the core devs didn’t let Bitcoin become a centralized coin? If you refuse to acknowledge the benefit of SegWit or the other scaling solutions then I can’t help you.

Big blockers have their Jihan and Roger coin now. Stop trying to steal the bitcoin brand. If there was consensus for big blocks then Bitcoin would have activated. Jihan and Roger couldn’t convince the educated people that their proposals would work. Now they’re throwing a tantrum.
1 comments
lawn 3117 days ago
Sigh. Increasing the block size to 2MB nor 8MB for that matter will not make a centralized coin.

Segwit (besides being a crappy implementation) is by far not enough scaling.

That you blame Jihan and Roger is typical stupid propaganda which doesn't belong here.

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etr-strike 3117 days ago
According to actual research here: http://www.tik.ee.ethz.ch/file/49318d3f56c1d525aabf7fda78b23...

Each additional kb results in an additional 80ms of delay until the majority learns about a block. Increasing to 8mb means you’re adding a 9min delay in propagation. That is pretty much guaranteed centralization.

Perhaps you have some research you can point me to that demonstrates otherwise?

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lawn 3117 days ago
Which does not take into account xthin/compact blocks which cuts down propagation time a lot. In the future graphene will further reduce the time necessary.

How you can conclude a 9min propagation delay for 8MB blocks is beyond me as miners are basically directly connected to each other. This is the only thing that matters decentralization wise.

Bitcoin Unlimited are successfully testing 1GB blocks: https://news.bitcoin.com/bitcoin-unlimited-reveals-gigablock...

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etr-strike 3117 days ago
Your link is a news article and not actual research. The details of their specific test are barely provided. Please provide actual research as I have provided you.
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CryptoPunk 3117 days ago
This overcautious, "let's test everything for 10 years before trying it" approach is exactly what Bitcoin doesn't need when it has 0.001% of world transaction throughput.
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Rmilb 3115 days ago
Bitcoin is the conservative approach to any change that decreases the keystone of decentralization that allows it to survive. The market is deciding what it values.
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martindevans 3117 days ago
Is there any data available on how long BCH blocks take to propagate? It's testing big blocks out in the real world so we can see how much delay that introduces and whether that leads to a significant increase in centralisation.
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etr-strike 3117 days ago
The BCH blocks are all very small. Go look at their blockchain stats. Most blocks are 10kb in size. The network is barely used. Once they start actually mining big blocks we’ll get some real data. I think it’ll be very interesting to see, tbh.
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martindevans 3117 days ago
Ah that's a shame it would have been really interesting to see how that worked in reality.

I wonder if it could be measured the _other_ way around - i.e. are the sustained tiny blocks on BCH _increasing_ decentralisation compared to BTC right now? I can't find any good information on block propagation time though :(

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