>THERE WASN'T A PRICE
WHAT THE FUCK
HOLY SHIT
CSW 2014 interview
Samuel Johnson
Jonathan Reed
>blockstream
>does programming for bitcoin
no
Jack Bailey
>3) Each node works on finding a difficult proof-of-work for its block.
>4) When a node finds a proof-of-work, it broadcasts the block to all nodes.
Does a raspberry py do the hashing for that POW for its block? No, that is the miner that does it.
A node is a miner. If a node cannot do POW, then it is not a node. Only a miner can do POW, ergo it is the only one that is a node.
Your shitty casanode is just that, an overpriced raspy with a stupid cable doing a looptiloop.
Fluffy pony is not even good as a fluffer... maybe thats the reason why he left XMR.
Privacy coins already getting delisted... have fun in the dark pits of humanity, Bitcoin will Leverage the light part.
THIS!!!
how the fuck is this decentralized? 70% of hashing power comes from china.... If the CCP deems BTC unworthy of living those miners get confiscated, casa node or not. The minute those mining factories go offline the BTC chain suffers a chain death spiral. Difficulty adjustment is not in 2 weeks, it is every 2016 blocks, that translate under normal circumstances into 2 weeks. Once Hashing power is however not enough to keep the 10 min avereage block time those two weeks could turn into months or even years. HEDGE YOUR FUCKING BETS!!!!
Bentley Gutierrez
Kek
Ryder Long
i always said creg was a late adopter gox baby
Ayden Myers
A higher limit can be phased in once we have actual use closer to the limit and make sure it's working OK.
Eventually when we have client-only implementations, the block chain size won't matter much. Until then, while all users still have to download the entire block chain to start, it's nice if we can keep it down to a reasonable size.
With very high transaction volume, network nodes would consolidate and there would be more pooled mining and GPU farms, and users would run client-only. With dev work on optimising and parallelising, it can keep scaling up.
Whatever the current capacity of the software is, it automatically grows at the rate of Moore's Law, about 60% per year.
2010 Satoshi
Cameron Gray
Blockstream and core says there should be a blocksize limit so to maintain an undefined ratio of non mining nodes to mining nodes.
You say blocksize limit should be a function of inflation rate, why?
Justin Collins
Do you believe ((blockstream)) or Satoshi??
4TB HDD cost less then 100$ now.