@oocBlog @pierre_rochard Hm that was right around when the backbone network was deployed; can you run another analysis?
@DJ_Erock23 @AlpacaSW @aantonop I’m working on keeping the site up; the software I use isn’t designed for public traffic / high loads.
RT @aantonop: Bitcoin blockchain stress-test in progress. More than 24,000 unconfirmed transactions at peak. See a chart here:
http://t.co…
@pierre_rochard Maybe; my understanding is most miners already use the relay/backbone network. I defer to @oocBlog for miner expertise.
Looks like a lot of the mining pools still have their internal block size limits set below 1MB pic.twitter.com/xnWMHktsmP
@pierebel @BryceWeiner This is all going down on mainnet with the 1 MB block size limit.
@pierebel @BryceWeiner The stress test? Shows that if usage exceeds max block size, txs get stuck in mempool; confirmation times increase.
@pierebel @BryceWeiner Looks like the popularity is getting the best of the server; Graphite / Grafana aren’t really meant for high usage.
Looks like we peaked at 20 transactions per second; about 10X more than the current block size supports. http://t.co/1YgZZ12NRO
@LaurentMT @kristovatlas are these charts publicly available?
Bitcoiners are stress testing the network, showing the need for larger block sizes: http://t.co/yYzNJ3dS3O
@TheBlueMatt @ryanxcharles @gavinandresen Given that Bitcoin is whatever the community embraces, perhaps you should be convincing them?
@TheBlueMatt @ryanxcharles @gavinandresen If the experts are right and the rest of the community is wrong, does Bitcoin deserve to fail?
@pierre_rochard BTCPlex docs say it took a week+ to build a year ago. BitcoinVisualizer imports from @blockchain API, probably takes WEEKS.
@pierre_rochard Based upon my quick scan, all 3 of those use the naive (but safer) serialized approach of 1 block at a time, 1 tx at a time.
@BlockCypher @blockchain @biteasy_com @blocktrail @blockr_io @chain @gemhq @coinbase @Coinprism Feedback appreciated https://t.co/8Wl1GA8XD4
@pierre_rochard I haven’t though I would love to; are there any open source explorers other than Toshi and Insight?
The Challenges of Block Chain Indexing https://t.co/8Wl1GA8XD4
RT @a_greenberg: Silk Road founder Ross Ulbricht sentenced to life in prison http://t.co/qvYB8rid17 updates to come.
“For many tech experts at banks, the most valuable use of the blockchain is not small payments but very large ones.” - @nathanielpopper
ErikVoorhees Ross Ulbricht is being sentenced today. He did more to reduce violence in the drug trade than probably anyone in history. #bitcoin #silkroad
“It was horribly depressing. Like waking from a restless dream to find yourself in a cage with no way out.” - @Free_Ross
“Everywhere I looked I saw the State, and the horrible withering effects it had on the human spirit.” - @Free_Ross
RT @kristovatlas: Why is privacy hard for mobile Bitcoin wallets? http://t.co/ecRSdqWNMN
@ncweaver @kristovatlas @pierebel Freedom is a key enabler of people exercising their power irresponsibly and harming innocents.
@ncweaver @kristovatlas @pierebel I don’t, but nor do I consider financial privacy / money laundering / victimless crimes to be immoral.
@ncweaver @kristovatlas @pierebel You seem to be using the legal definitions while others use moral beliefs, thus conflict emerges.