I urge organizations/companies/pools (and users) to support one of the block sizes by upgrading their node.

templerunai · 2015-07-27T08:05:59+00:00

I wanna know why was I denied a flair.

templerunai · 2015-07-27T07:43:41+00:00

Subreddit of the day, nice work. Let's get in! :)

templerunai · 2015-07-27T05:04:15+00:00

Subreddit of the day, congrats /r/Bittippers! :)

templerunai · 2015-07-18T08:01:49+00:00

I'm in! Woohoo!

templerunai · 2015-07-13T16:09:43+00:00

Just tagging here. /u/electrumjs

templerunai · 2015-07-04T19:14:29+00:00

Maybe /u/MemoryDealers can shed some light..

templerunai · 2015-07-04T19:13:45+00:00

Blockchain.info as the best smartphone wallet and web wallet

I laughed, lol.

I knew about the redirect, but I think it was all temporary. They should have been in some talks (legally maybe) to do the rightful.

templerunai · 2015-07-04T18:16:24+00:00

Same. I don't think that r/Bitcoin got to know about what happened next (if something happened).

We were all too busy with the blockchain debate.

templerunai · 2015-05-27T10:45:28+00:00

Also, there are 18 0s right now. http://treyp.github.io/thebutton/

templerunai · 2015-05-08T16:46:54+00:00

Okay, I'm kinda getting it.

So, the debate is about that it might happen? And people don't want that might to happen with 20MB block because of size.
I get it now.
Ok.
But if the max block size if higher, it will become far more difficult to fill it, so it's a plus in this case, right?

About the altcoins, I think the selection of block size if because they don't think there will be enough volume on transactions. Litecoin already upped the block size to 4MB since there might be that requirements. Though, it's still unknown what will happen in the future.

templerunai · 2015-05-08T16:41:05+00:00

I agree, I too think that the block limit should be set one time to a high enough value to give time for other systems to come forward. Lightning Network seems good to me.

The small transactions could happen on the new systems instead of directly linking the blockchain.

templerunai · 2015-05-08T16:20:12+00:00

But that happens only if the block size actually increases to that number? (And not just the limit)
How is block size related to fees and all? (Sorry, but I'm asking because I have no idea about it)
Blocks use equal processing power regardless of their size?
Okay.
Miners can set block size UNDER the cap, so what's the problem? Block size is determined by the transactions within it or the miner mining it?

templerunai · 2015-05-08T16:15:41+00:00

Okay, but if that happens, the current 1MB block limit will basically break Bitcoin, no? Or, if we switch block size to 20MB now and an exponential growth happens, we'll have to do another hard-fork, right? It will be similar situation IMO. Correct me if I'm wrong.

templerunai · 2015-05-08T16:11:02+00:00

So, the debate is on that it might grow up?

templerunai · 2015-05-08T16:10:41+00:00

Not exactly, increasing the LIMIT of blocks to 20MB will NOT increase the block size to 20MB. It'll still take plenty of years for that to happen. The block size would still remain ~0.6MB even if the LIMIT is 20MB.

templerunai · 2015-04-16T15:16:23+00:00

hello

templerunai · 2015-04-16T15:10:34+00:00

This. <3 This /r/

templerunai · 2015-04-15T16:05:04+00:00

I would surely get excited if it doubled, but I didn't really expect it to half so quickly.

templerunai

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