/biz/ - Business & Finance

>>9573094

>>9547166
There's no fucking "valid now" about it you stupid cunt, scaling the block size was the plan from the beginning, only stupid fucks like you sabotaging Satoshi's vision in favor of Maxwell's don't know that.

>>9530950

>>9490587
Zero conf is a design goal for bch. Whatever it takes to make it happen they are aiming to implement, whether that takes weak blocks or just miners not mining on top of blocks that don't implement first seen first added or what.
Re scaling, not like Satoshi had done all the math back in 2008 or anything.

>>9439416
OK >>9439422
https://bitcointalk.org/index.php?topic=946236.0;all
This has been going on a long time and nothing in saying is in the least bit controversial. Core has been sabotaged. Deal with it.

>>9428121
Fuck off coretard.

>>9370474
> muh bitmain
Long before the network gets anywhere near as large as that, it would be safe for users to use Simplified Payment Verification (section 8) to check for double spending, which only requires having the chain of block headers, or about 12KB per day. Only people trying to create new coins would need to run network nodes. At first, most users would run network nodes, but as the network grows beyond a certain point, it would be left more and more to specialists with server farms of specialized hardware. A server farm would only need to have one node on the network and the rest of the LAN connects with that one node.

The bandwidth might not be as prohibitive as you think. A typical transaction would be about 400 bytes (ECC is nicely compact). Each transaction has to be broadcast twice, so lets say 1KB per transaction. Visa processed 37 billion transactions in FY2008, or an average of 100 million transactions per day.
That many transactions would take 100GB of bandwidth, or the size of 12 DVD or 2 HD quality movies, or about $18 worth of bandwidth at current prices.

If the network were to get that big, it would take several years, and by then, sending 2 HD movies over the Internet would probably not seem like a big deal.

Satoshi Nakamoto