Comments per month in various Bitcoin subreddits : btc

Actual Data from a serious test with blocks from 0MB - 10MB

Jonathan Toomim's work on blocksize measurements is not appreciated widely enough.
The data from his intensive global testnet investigations is presented in a nice and informative interactive format here:
https://toom.im/blocktime
Jonathan presented this data at scaling bitcoin Hong Kong, and then proceeded to spend many more days in Asia talking to miners there, the results of which have been summarized in other posts.
The tests charted at the link above involved generating blocks in London, and watching how they propagated across the world.
TL;DR: if you're in China, you have a problem whose name is the Great Firewall, that affects even tiny blocks. Otherwise, your experience is pretty good, even up to 9+MB blocks. Have a look at the data for yourself.
One of the things you'll see Jonathan has been testing is "thin blocks". This is a simple compression technique similar to IBLT or the relay network, but it's built into a fully validating node. It was written by Mike Hearn and is currently available as a patch to XT. It's still being improved but as you'll see from the charts, it can make a huge difference in block propagation times.
In this first test, thin blocks didn't have much effect on larger blocks -- this was due to an index size limit that is now being addressed in both core and XT (technically, "setInventoryKnown" was much too small).
Jonathan is now planning another global test with many improvements to the first. Thank you JT!
submitted by dgenr8 to btc [link] [comments]

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Charlie Lee's Keynote at the 2018 Litecoin Summit - YouTube

Bitcoin.com is your premier source for everything Bitcoin related. We help you buy, use, and store your Bitcoin securely. You can read the latest news . We also provide helpful tools and real-time ... Mike Komaransky and Roger Ver talk about the early days of Bitcoin, how Mike sees crypto trading today, and what convinced him to support big blocks and turn from a BTC Maximalist into a Bitcoin ... Charlie Lee speaks on the current and future states of Litecoin (LTC) at the 2018 Litecoin Summit in San Francisco. How to Prepare for the Future and Avoid Being Caught the Crash - Robert Kiyosaki & George Gammon - Duration: 42:38. The Rich Dad Channel 172,388 views. New This video is unavailable. Watch Queue Queue

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