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/r/Bitcoin has many discussions over whether the Bitcoin block size limit should be raised. (self.SubredditDrama)

justcool393TotesMessenger Shill が 投稿

Tonight, on your special edition of SubredditDrama we will debate on the block size limit and watch the arguments unfold. Grab your popcorn and welcome to Sub Reddit Drama!

*cue intro music*

First, some context for the uninitiated.

Bitcoin is a decentralized cryptocurrency, which processes transactions in blocks. Typically, these take about 10 minutes to process, and this is how transaction verification works.

Currently, the limit on the size of each block is 1 megabyte, to prevent people from create gigantic blocks that would take a lot of data to store in the long run. Because of this, only so many transactions can be processed in a block.

Recently, there has been a proposal to increase this size to 20 MB. This would make the maximum size of each block larger, which could make the network able to process more transactions in a shorter amount of time.

Many people have their opinions, and everyone knows that duty calls.

Now, for the drama...

First, someone expresses their support for the block size increase. This starts a few subthreads of drama. A debate is started over what the current transaction limit is. Arguments are had over whether Bitcoin is scalable also come out of that.

In another subthread, a few want to remove the limit altogether, while some want to let the free market sort it out.

Arguments over whether Lightning would help or increase centralization also occur.

After the break, we'll put the butter in your bowl.

Okay, we're back, dramanauts, and we have more drama from another (related) thread. On Twitter, Nick Szabo made this tweet. It has been linked on /r/Bitcoin, and this is good, because people are arguing already. Here is this thread on whether Satoshi is a god. A small slapfight occurs over whether Gavin Anderseen is in charge.

In a third thread, someone says that most of the developers disagree about a larger block size.

Additionally, in this thread, another user points out that some arguments were based on economic fallacies. Someone else in a different subthread points out that reddit's hivemind was saying "because Satoshi said so". Users disagree.

Some argue over Gavin's activity. Arguments over how this will affect Tor, a way to privately connect, by tunneling through a few nodes (I believe) also arise.

This is getting argued to the death, and I'm running out of things to say about it.

I think this is all the drama I can find for now, but the mailing list has additional drama. This is definitely a developing story though.

We'll see you next time on Sub Reddit Drama!

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[–]ttumblrbots 40ポイント41ポイント  (3子コメント)

  • This post - SnapShots: 1, 2, 3 [huh?]
  • Bitcoin - SnapShots: 1, 2
  • blocks - SnapShots: 1, 2
  • duty calls - SnapShots: 1, 2
  • their support for the block size increa... - SnapShots: 1, 2, 3 [huh?]
  • A debate is started - SnapShots: 1, 2, 3 [huh?]
  • Arguments are had over whether Bitcoin ... - SnapShots: 1, 2, 3 [huh?]
  • want to remove the limit altogether - SnapShots: 1, 2, 3 [huh?]
  • want to let the free market - SnapShots: 1, 2, 3 [huh?]
  • Arguments over whether Lightning - SnapShots: 1, 2, 3 [huh?]
  • another (related) thread - SnapShots: 1, 2, 3 [huh?]
  • this tweet - SnapShots: 1, 2, 3 [huh?]
  • whether Satoshi is a god - SnapShots: 1, 2, 3 [huh?]
  • small slapfight - SnapShots: 1, 2, 3 [huh?]
  • third thread - SnapShots: 1, 2, 3 [huh?]
  • most of the developers disagree - SnapShots: 1, 2, 3 [huh?]
  • this thread - SnapShots: 1, 2, 3 [huh?]
  • points out - SnapShots: 1, 2, 3 [huh?]
  • a different subthread - SnapShots: 1, 2, 3 [huh?]
  • Some argue over Gavin's activity - SnapShots: 1, 2, 3 [huh?]
  • Arguments over how this will affect Tor - SnapShots: 1, 2, 3 [huh?]
  • This is getting argued to the death - SnapShots: 1, 2, 3 [huh?]
  • the mailing list - SnapShots: 1, 2, 3 [huh?]

doooooogs: 1, 2 (seizure warning); 3, 4; send me more dogs please

[–]nancy_ballosky 9ポイント10ポイント  (0子コメント)

The bot putting in work today.

[–]justcool393TotesMessenger Shill[S] 16ポイント17ポイント  (1子コメント)

Thank you awesome snapshot bot. :)

[–]crowofsadness[score hidden] 17ポイント18ポイント  (6子コメント)

Just know, reading the title, I forgot what Bitcoin was, I thought it was that game where people play with the blocks.

[–]nancy_ballosky 8ポイント9ポイント  (2子コメント)

You would probably make more money selling that game.

[–]justcool393TotesMessenger Shill[S] 8ポイント9ポイント  (1子コメント)

Some guy over in the /r/Buttcoin made a game about it.

I think it's called, "Bitcoin Mining Profit Calculator".

[–]knife_missileMy butter is ready. 5ポイント6ポイント  (0子コメント)

I prefer "groat simulator."

[–]push_ecx_0x00FUCK DA POLICE 5ポイント6ポイント  (2子コメント)

2048?

[–]crowofsadness[score hidden] 4ポイント5ポイント  (0子コメント)

Minecraft was what I was thinking about.

[–]knife_missileMy butter is ready. 2ポイント3ポイント  (0子コメント)

I just had a vision of a 3-D version of that game. My eyes....

[–]ThatOnePersonBitcoin expert 31ポイント32ポイント  (9子コメント)

Nice summary!

Have some Reddit Gold™ paid for by Bitcoins™!

[–]zeeeeeraI like well done slutty steak brownies. 15ポイント16ポイント  (3子コメント)

Lol.

[–]ThatOnePersonBitcoin expert 13ポイント14ポイント  (2子コメント)

Well /u/justcool393 can't be a shill if no one is paying him right?

[–]zeeeeeraI like well done slutty steak brownies. 10ポイント11ポイント  (0子コメント)

I guess that's fair.

[–]justcool393TotesMessenger Shill[S] 2ポイント3ポイント  (0子コメント)

I do it for free. :)

[–]treebogprofessional memer + /r/adviceanimals shill 5ポイント6ポイント  (3子コメント)

You are gonna regret that when a bitcoin can pay for a car.

[–]flyingfences 4ポイント5ポイント  (2子コメント)

It already can, but that car is going to need a bit of work to run smoothlyat all.

[–]treebogprofessional memer + /r/adviceanimals shill 0ポイント1ポイント  (1子コメント)

We are talking about cars not hotwheels here.

[–]jcpbCrowdfunding's Pro Crypto-Fascist 0ポイント1ポイント  (0子コメント)

What you described can not only already happen, in fact it has already happened AFAIK.

[–]justcool393TotesMessenger Shill[S] 0ポイント1ポイント  (0子コメント)

Thank you. This has been entertaining, and I feel like this drama will only grow.

[–]throwntothewolves123Cabal Photoshoot today at 4:00pm 8ポイント9ポイント  (0子コメント)

It's been a while since we've had some quality Bitcoin drama. Welcome back, boys.

[–]DangerAwarCabal so hard SRCers wanna ban me 16ポイント17ポイント  (0子コメント)

Wow. Nice write up. I love it when cultists argue.

[–]shakypearsAnd then war broke out and everyone died. 12ポイント13ポイント  (8子コメント)

Mostly a lot of behaviour in Bitcoin isn't even explained by the code, some is inferred, lots are totally unexplained, some are unknown. Even as recently as last week people have found consensus rules in Bitcoin that nobody was aware of before. Nobody likes documenting code, and even if they did there's nobody who doesn't have something better they could be working on.

So, wait. A bunch of people are going full-cult entrusting their money to software that does mysterious things no one other than the anonymous developers know about?

That's even worse than I thought.

[–]Ailureanti-anti-anti-anti-anti-anti-anti-anti-anti-anti-circlejerker 2ポイント3ポイント  (0子コメント)

Nah, there is nothing too secret about the mechanics of bitcoin, especially when there comes to blockchain. People have written alternative clients for awhile now, and those wouldn't work if there was some weird obscure thing going on. I think from a wholly technical perspective the worst quirk i stumbled upon is a minor inconsistency between big endian and little endian in the blockchain, but that's honestly only a annoyance if you're writing your own blockchain parser. The fact that the system is very open to what's going on (if very technical admittly, you kinda need some cryptography knowledge to understand what's going on), is what a lot of people find appealing about it.

From a whole technical perspective it would be best if the limit was raised, most people thinking the "free market" takes care of it clearly have too much trust in sidechains, which aren't widely used at all currently. But I admit that I have got the impression that the lead devs of the bitcoin core client, aren't zealously libertian unlike the community and is just mostly intrested in keeping a neat digital currency running well.

[–]flyingfences 6ポイント7ポイント  (5子コメント)

Very few of the developers are anonymous. The guy who wrote the whitepaper and the initial version was (still is), but pretty much everybody else is a known.

And there are plenty of people who know what's going on in a quite detailed manner; the person you're quoting is probably not one of them.

[–]shakypearsAnd then war broke out and everyone died. 5ポイント6ポイント  (4子コメント)

I certainly hope they're completely wrong, and all that's going on is that the developers are just forgetting to write comments on their code.

[–]mc-lunar 3ポイント4ポイント  (3子コメント)

Say what you want about the bitcoin followers (and id be happy to) but there are a LOT of smart people working on the technology side

[–]fiftypoints 2ポイント3ポイント  (2子コメント)

It is an interesting use of cryptography, cultism and bad economics aside.

[–]mc-lunar 0ポイント1ポイント  (1子コメント)

Yeah I totally agree its v interesting conceptually and I guess it solves a couple of real world problems but its highly unlikely to ever be a majority thing

[–]fiftypoints 1ポイント2ポイント  (0子コメント)

Definitely a solution in search of a problem.

[–]Kangarobo 0ポイント1ポイント  (0子コメント)

Do you want Ultron? Because this is how you get Ultron.

[–]fholcan 3ポイント4ポイント  (3子コメント)

Recently, there has been a proposal to increase this size to 20 MB. This would make the maximum size of each block larger, which could make the network able to process more transactions in a shorter amount of time.

I know nothing about bitcoin, but if the block is larger, shouldn't it take longer to process? Or am I missing something?

[–]justcool393TotesMessenger Shill[S] 3ポイント4ポイント  (1子コメント)

Mining is based on difficulty, and difficulty is based on how many people are mining. If it is more difficult, more miners would drop out, making it take less power to mine a block, balancing it out.

[–]fholcan 1ポイント2ポイント  (0子コメント)

Ah, makes sense, thank you.

[–]fiftypoints 0ポイント1ポイント  (0子コメント)

It will increase data usage by nodes by quite a bit. Also abuse by which people inject arbitrary garbage will probably increase.

[–]Gakimir 6ポイント7ポイント  (1子コメント)

This is good for Bitcoin.

I think.

[–]roytheshortSubreddit Dancer 0ポイント1ポイント  (0子コメント)

This is good for DramaCoin.

[–][deleted] 4ポイント5ポイント  (1子コメント)

So is this good for bitcoin? Should I invest and try to make a shitload of money in future digital money?

[–]the_old_sock 6ポイント7ポイント  (0子コメント)

Even things that hurt bitcoin are good for bitcoin. Try and keep up now, chop chop.

[–]apiratewithadd 0ポイント1ポイント  (3子コメント)

But is this good for bitcoin

[–]johndoz/u/nitesmoke did nothing wrong 0ポイント1ポイント  (2子コメント)

This is good for dogecoin.

[–]ogg33/r/conservative is my senpai and they haven't noticed me 0ポイント1ポイント  (1子コメント)

Everything is good for dogecoin

[–]knife_missileMy butter is ready. 0ポイント1ポイント  (0子コメント)

I still have like .03 cents in dogecoin somewhere.