Re: [Bitcoin-development] No Bitcoin For You

2015-05-26 Thread Jim Phillips
will be baseline by then etc. -- From: Jim Phillips j...@ergophobia.org Sent: ‎26/‎05/‎2015 12:53 PM To: Thy Shizzle thyshiz...@outlook.com Cc: Mike Hearn m...@plan99.net; Bitcoin Dev bitcoin-development@lists.sourceforge.net Subject: Re: [Bitcoin-development] No Bitcoin

Re: [Bitcoin-development] No Bitcoin For You

2015-05-25 Thread Mike Hearn
If capacity grows, fewer individuals would be able to run full nodes. Hardly. Nobody is currently exhausting the CPU capacity of even a normal computer currently and even if we did a 20x increase in load overnight, that still wouldn't even warm up most machines good enough to be always on.

Re: [Bitcoin-development] No Bitcoin For You

2015-05-25 Thread Jim Phillips
On Mon, May 25, 2015 at 1:36 PM, Mike Hearn m...@plan99.net wrote: This meme about datacenter-sized nodes has to die. The Bitcoin wiki is down right now, but I showed years ago that you could keep up with VISA on a single well specced server with today's technology. Only people living in a

Re: [Bitcoin-development] No Bitcoin For You

2015-05-25 Thread Thy Shizzle
. From: Jim Phillipsmailto:j...@ergophobia.org Sent: ‎26/‎05/‎2015 12:27 PM To: Mike Hearnmailto:m...@plan99.net Cc: Bitcoin Devmailto:bitcoin-development@lists.sourceforge.net Subject: Re: [Bitcoin-development] No Bitcoin For You On Mon, May 25, 2015 at 1:36 PM, Mike Hearn m...@plan99.net wrote

Re: [Bitcoin-development] No Bitcoin For You

2015-05-25 Thread gabe appleton
the transaction throughput. -- From: Jim Phillips j...@ergophobia.org Sent: ‎26/‎05/‎2015 12:27 PM To: Mike Hearn m...@plan99.net Cc: Bitcoin Dev bitcoin-development@lists.sourceforge.net Subject: Re: [Bitcoin-development] No Bitcoin For You On Mon, May 25, 2015 at 1

Re: [Bitcoin-development] No Bitcoin For You

2015-05-25 Thread Jim Phillips
and just increase the transaction throughput. -- From: Jim Phillips j...@ergophobia.org Sent: ‎26/‎05/‎2015 12:27 PM To: Mike Hearn m...@plan99.net Cc: Bitcoin Dev bitcoin-development@lists.sourceforge.net Subject: Re: [Bitcoin-development] No Bitcoin For You On Mon

Re: [Bitcoin-development] No Bitcoin For You

2015-05-25 Thread Thy Shizzle
appletonmailto:gapplet...@gmail.com Sent: ‎26/‎05/‎2015 12:41 PM To: Thy Shizzlemailto:thyshiz...@outlook.com Cc: Jim Phillipsmailto:j...@ergophobia.org; Mike Hearnmailto:m...@plan99.net; Bitcoin Devmailto:bitcoin-development@lists.sourceforge.net Subject: Re: [Bitcoin-development] No Bitcoin For You

Re: [Bitcoin-development] No Bitcoin For You

2015-05-25 Thread Thy Shizzle
-development@lists.sourceforge.net Subject: Re: [Bitcoin-development] No Bitcoin For You Frankly I'm good with either way. I'm definitely in favor of faster confirmation times. The important thing is that we need to increase the amount of transactions that get into blocks over a given time frame

Re: [Bitcoin-development] No Bitcoin For You

2015-05-25 Thread Jim Phillips
Sent: ‎26/‎05/‎2015 12:53 PM To: Thy Shizzle thyshiz...@outlook.com Cc: Mike Hearn m...@plan99.net; Bitcoin Dev bitcoin-development@lists.sourceforge.net Subject: Re: [Bitcoin-development] No Bitcoin For You Frankly I'm good with either way. I'm definitely in favor of faster confirmation times

Re: [Bitcoin-development] No Bitcoin For You

2015-05-25 Thread Jim Phillips
-development@lists.sourceforge.net Subject: Re: [Bitcoin-development] No Bitcoin For You Frankly I'm good with either way. I'm definitely in favor of faster confirmation times. The important thing is that we need to increase the amount of transactions that get into blocks over a given time frame

Re: [Bitcoin-development] No Bitcoin For You

2015-05-25 Thread gabe appleton
bitcoin-development@lists.sourceforge.net Subject: Re: [Bitcoin-development] No Bitcoin For You Frankly I'm good with either way. I'm definitely in favor of faster confirmation times. The important thing is that we need to increase the amount of transactions that get into blocks over a given

Re: [Bitcoin-development] No Bitcoin For You

2015-05-16 Thread Ryan X. Charles
I agree with this analysis. I'm not sure if we will increase 1 MB block size or not, but with a block size that small, it is all but impossible for most people on the planet to ever own even a single utxo. At 7tps, how long would it take to give 1 utxo to all of the 7 billion people currently