Re: [Bitcoin-development] comments on BIP 100

2015-06-15 Thread Adam Back
une 15, 2015 4:16 AM > Cc: Bitcoin Dev > Subject: Re: [Bitcoin-development] comments on BIP 100 > > My understanding of this debate is that there are some people who want to > keep Bitcoin at 1MB block limit, and there are some who want to increase it. > > I for one am curious

Re: [Bitcoin-development] comments on BIP 100

2015-06-15 Thread Raystonn .
ebroad (sourceforge) Sent: Monday, June 15, 2015 4:16 AM Cc: Bitcoin Dev Subject: Re: [Bitcoin-development] comments on BIP 100 My understanding of this debate is that there are some people who want to keep Bitcoin at 1MB block limit, and there are some who want to increase it. I for one am curious to s

Re: [Bitcoin-development] comments on BIP 100

2015-06-15 Thread Rebroad (sourceforge)
My understanding of this debate is that there are some people who want to keep Bitcoin at 1MB block limit, and there are some who want to increase it. I for one am curious to see how 1MB limited bitcoin evolves, and I believe we can all have a chance to see this AND hard-fork bitcoin to remove the

Re: [Bitcoin-development] comments on BIP 100

2015-06-15 Thread Mike Hearn
> > The fact that using a centralized service is easier isn't a good reason > IMHO. It disregards the long-term, and introduces systemic risk. > Well sure, that's easy for you to say, but you have a salary :) Other developers may find the incremental benefits of decentralisation low vs adding addi

Re: [Bitcoin-development] comments on BIP 100

2015-06-15 Thread Pieter Wuille
On Mon, Jun 15, 2015 at 12:36 PM, Mike Hearn wrote: > > Since you keep bringing this up, I'll try to clarify this once again. >> > > I understand the arguments against it. And I think you are agreeing with > me - Adam is bemoaning the way developers outsource stuff to third party > services, and

Re: [Bitcoin-development] comments on BIP 100

2015-06-15 Thread Mike Hearn
> > Since you keep bringing this up, I'll try to clarify this once again. > I understand the arguments against it. And I think you are agreeing with me - Adam is bemoaning the way developers outsource stuff to third party services, and suggesting it is relevant to the block size debate. And we are

Re: [Bitcoin-development] comments on BIP 100

2015-06-15 Thread Pieter Wuille
On Mon, Jun 15, 2015 at 11:27 AM, Mike Hearn wrote: > I persevered for several months to add a very small "API" I needed for my > app to Bitcoin Core, and it was in the end a waste of time. There are no > actionable items left for the getutxo patch, regardless, I had to fork > Bitcoin to get it o

Re: [Bitcoin-development] comments on BIP 100

2015-06-15 Thread Eric Lombrozo
>OK. O() notation normally refers to computational complexity, but ... I still don't get it - the vast >majority of users don't run relaying nodes that take part in gossiping. They run web or SPV >wallets. And the nodes that do take part don't connect to every other node. It's a little scary, IMO,

Re: [Bitcoin-development] comments on BIP 100

2015-06-15 Thread Mike Hearn
> > That was probably insufficiently specific, let me rephrase: I am > referring to the trend that much of the industry is built on web2.0 > technology using bitcoin via a library in a web scripting language OK, good to hear that. I'm not happy about the use of web technologies in wallets/service

Re: [Bitcoin-development] comments on BIP 100

2015-06-15 Thread Mike Hearn
> StrawPay hasn't published any details of their work publicly; if they > wanted credit on the mailing list they should have done that. > There's a brief discussion here: https://www.reddit.com/r/Bitcoin/comments/2r3ri7/strawpay_cheap_and_secure_micropayments/ But yes, they are developing it be

Re: [Bitcoin-development] comments on BIP 100

2015-06-14 Thread Peter Todd
On Mon, Jun 15, 2015 at 12:23:44AM +0200, Mike Hearn wrote: > > > > One thing that is concerning is that few in industry seem inclined to > > take any development initiatives or even integrate a library. > > > Um, you mean except all the people who have built more scalable wallets > over the past

Re: [Bitcoin-development] comments on BIP 100

2015-06-14 Thread Eric Lombrozo
> On Jun 14, 2015, at 9:11 PM, Peter Todd wrote: > > On Sun, Jun 14, 2015 at 05:53:05PM -0700, Eric Lombrozo wrote: >> I think the whole complexity talk is missing the bigger issue. >> >> Sure, per block validation scales linearly (or quasilinearly…there’s an >> O(log n) term in there somewher

Re: [Bitcoin-development] comments on BIP 100

2015-06-14 Thread Peter Todd
On Sun, Jun 14, 2015 at 05:53:05PM -0700, Eric Lombrozo wrote: > I think the whole complexity talk is missing the bigger issue. > > Sure, per block validation scales linearly (or quasilinearly…there’s an O(log > n) term in there somewhere but it’s probably dominated by linear factors at > curren

Re: [Bitcoin-development] comments on BIP 100

2015-06-14 Thread Jeff Garzik
Adding - in re pay-to-FOO - these schemes are inherently short term, such that it is near-impossible for the market to plan for what happens in 12+ months. On Sun, Jun 14, 2015 at 10:28 PM, Jeff Garzik wrote: > On Sun, Jun 14, 2015 at 5:23 PM, Adam Back wrote: > >> Hi >> >> I made these comment

Re: [Bitcoin-development] comments on BIP 100

2015-06-14 Thread Jeff Garzik
On Sun, Jun 14, 2015 at 5:23 PM, Adam Back wrote: > Hi > > I made these comments elsewhere, but I think really we should be > having these kind of conversations here rather than scattered around. > > These are about Jeff Garzik's outline draft BIP 100 I guess this is > the latest draft: (One goo

Re: [Bitcoin-development] comments on BIP 100

2015-06-14 Thread Eric Lombrozo
> On Jun 14, 2015, at 5:53 PM, Eric Lombrozo wrote: > > I think the whole complexity talk is missing the bigger issue. > > Sure, per block validation scales linearly (or quasilinearly…there’s an O(log > n) term in there somewhere but it’s probably dominated by linear factors at > current leve

Re: [Bitcoin-development] comments on BIP 100

2015-06-14 Thread Eric Lombrozo
I think the whole complexity talk is missing the bigger issue. Sure, per block validation scales linearly (or quasilinearly…there’s an O(log n) term in there somewhere but it’s probably dominated by linear factors at current levels…asymptotic limits don’t always apply very well to finite system

Re: [Bitcoin-development] comments on BIP 100

2015-06-14 Thread Adam Back
Hi Mike On 15 June 2015 at 00:23, Mike Hearn wrote: >> One thing that is concerning is that few in industry seem inclined to >> take any development initiatives or even integrate a library. > > Um, you mean except all the people who have built more scalable wallets over > the past few years, whic

Re: [Bitcoin-development] comments on BIP 100

2015-06-14 Thread Mike Hearn
> > One thing that is concerning is that few in industry seem inclined to > take any development initiatives or even integrate a library. Um, you mean except all the people who have built more scalable wallets over the past few years, which is the only reason anyone can even use Bitcoin from thei