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How is the 8Mb block voted for? Is it only miners using XT? (self.Buttcoin)

AussieCryptoCurrency が 投稿

I'm completely confused as to what's going on with the block size increase...

  • Is it that only miners using XT can vote for a bigger block size?
  • if so, is this done with a version number in the block field?
  • is this why the price bombed? (The first "vote" was registered?)
  • how do the pseudonodes effect the outcome if it's the hashrate (not proportion) that decides the likelihood of mining a block?
  • what stops XT from losing the vote and just saying "fuck fork it" and doing it anyway?
  • it's a pretty safe bet that the Chinese miners follow where the "consensus" lies... Right?
  • do we know where the "community" voters (ie p2p miners) stand? Overwhelmingly for XT?

So, that's a few questions, huh?! I'm really lost in this debacle: although the comedic value is more than enough for me, I'd be interested to hear responses for the above if anyone knows the answer(s).

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[–]Zotamedu 0ポイント1ポイント  (0子コメント)

The larger block size triggers in the XT client when 750 of the last 1000 mined blocks are mined on an XT node. So basically, only miners can vote. The relay nodes doesn't matter at all when it comes to the block size. So basically, there's a handful of Chinese miners who actually decide. Unless some small miners are really really lucky and manages to score a whole bunch of blocks in a row.

Last time I checked xtnodes.com (it seems to down not due to DDOS, something something free market) they had managed to mine 3 blocks in the last 1000. So it seems like the miners are not biting. Some claim that they have updated but are hiding it to see where the consensus swings. I honestly think that they don't really care. Updating cost money and so far has no real advantage for them, only higher costs. So they have no reason to switch unless a majority of their userbase wants it. They just follow the money and nothing else.