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Any computer that connects to the Bitcoin network is called a node. Nodes that fully verify all of the rules of Bitcoin are called full nodes.In other words, full nodes are what verify the Bitcoin blockchain and they play a crucial role in maintaining the decentralized network. Full nodes store the entirety of the blockchain and validate transactions. Anyone can participate in the Bitcoin network and run a full node. Bitcoin.org has information on how to set up a full node. Running a full node also gives you wallet capabilities and the ability to query the blockchain.
jy-p: the server side of SPV (in dcrd) was deployed in v1.2.0, the client side of SPV (in dcrwallet) is in our next release, v1.3.0. Still some minor bugs in SPV that are being worked out. There will be an update to add the latest features from BIP 157/158 in the next few months. SPV will be optional in v1.3.0, but it will become the default after we get a proper header commitment for it (#general)Decrediton: besides regular bugfixes and design improvements, several components are being developed in parallel like SPV mode, Politeia integration and Trezor support.
emiliomann: stakebrasil is one of the pools with the lowest number of missed and expired tickets. It was one of the first and has a smaller percentage than the most recent ones who haven’t had the time to do so. (...) The Brazilian pool should be the one with the more servers spread around the world: 6 to decrease the latency. This is to explain to you why the [pool fee] rate of 5% (currently around 0.06 DCR) on the reward is also one of the highest. girino: 8 voting wallets now. I just finished setting up a new one yesterday. All of them in different datacenters, 3 in europe, 3 in north america, 1 in brazil and one in asia. We also have 3 more servers, 1 for the front end, one for "stats" and one for dcrdata. (#general)On the mining side, Luxor started a new set of pool servers inside mainland China, while zpool has enabled Decred mining.
Marina Silva is the first presidential candidate in Brazil using blockchain to keep all their electoral donations transparent and traceable. VotoLegal uses Decred technology, awesome use case! (reddit)The story was covered by criptonoticias.com (translated) and livecoins.com.br (translated), the latter received hundreds of upvotes and comments on brasil.
We continue to see institutional interest in DCR. Large block buyers love the concept of staking as a way to earn additional income and appreciate the stakeholder rights it affords them. Likening a DCR investment to an activist shareholdebondholder gives these institutions some comfort while dipping their toes into a burgeoning new asset class.
Big news in June: Facebook reversed their policy on banning crypto ads. ICO ads are still banned, but we should be OK. My team filled out the appeal today, so we should hopefully hear something within a few days. (u/timhebel on reddit)After couple weeks Facebook finally responded to the appeal and the next step is to verify the domain name via DNS.
oregonisaac: many open source devs at OSCON were VERY interested in Politeia and it was probably the #1 hook that resulted in lots of long conversations about what makes Decred unique from the ground up. (#politeia)
Bitcoin Peer-Reviewed Academic Journal ‘Ledger’ Launcheshttps://www.coindesk.com/bitcoin-peer-reviewed-academic-journal-ledger-launches/
The Size of Blocks: Policy Tool or Emergent Phenomenon? [my presentation proposal for scaling bitcoin hong kong]https://np.reddit.com/bitcoinxt/comments/3s5507/the_size_of_blocks_policy_tool_or_emergent/
Peter R's presentation is really awesome and much needed analysis of the market for blockspace and blocksize.https://np.reddit.com/bitcoinxt/comments/3me634/peter_rs_presentation_is_really_awesome_and_much/
In case anyone missed it, Peter__R hit the nail on the head with this: "The reason we can't agree on a compromise is because the choice is binary: the limit is either used as an anti-spam measure, or as a policy tool to control fees."https://np.reddit.com/btc/comments/3xaexf/in_case_anyone_missed_it_peter_r_hit_the_nail_on/
Bigger Blocks = Higher Prices: Visualizing the 92% historical correlation [NEW ANIMATED GIF]https://np.reddit.com/bitcoinxt/comments/3nufe7/bigger_blocks_higher_prices_visualizing_the_92/
Miners are commodity producers - Peter__Rhttps://np.reddit.com/bitcoinxt/comments/3l3g4f/miners_are_commodity_producers_peter_
“A Transaction Fee Market Exists Without a Block Size Limit” — new research paper ascertains. [Plus earn $10 in bitcoin per typo found in manuscript]https://np.reddit.com/Bitcoin/comments/3fpuld/a_transaction_fee_market_exists_without_a_block/
"A Transaction Fee Market Exists Without a Block Size Limit", Peter R at Scaling Bitcoin Montreal 2015https://np.reddit.com/Bitcoin/comments/3mddr4/a_transaction_fee_market_exists_without_a_block/
An illustration of how fee revenue leads to improved network security in the absence of a block size limit.https://np.reddit.com/bitcoinxt/comments/3qana4/an_illustration_of_how_fee_revenue_leads_to/
Greg Maxwell was wrong: Transaction fees can pay for proof-of-work security without a restrictive block size limithttps://np.reddit.com/Bitcoin/comments/3yod27/greg_maxwell_was_wrong_transaction_fees_can_pay/
Bitcoin's "Metcalfe's Law" relationship between market cap and the square of the number of transactionshttps://np.reddit.com/Bitcoin/comments/3x8ba9/bitcoins_metcalfes_law_relationship_between/
Market cap vs. daily transaction volume: is it reasonable to expect the market cap to continue to grow if there is no room for more transactions?https://np.reddit.com/bitcoinxt/comments/3nvkn3/market_cap_vs_daily_transaction_volume_is_it/
In my opinion the most important part of Scaling Bitcoin! (Peter R)https://np.reddit.com/Bitcoin/comments/3l5uh4/in_my_opinion_the_most_important_part_of_scaling/
Visualizing BIP101: A Payment Network for Planet Earthhttps://np.reddit.com/Bitcoin/comments/3uvaqn/visualizing_bip101_a_payment_network_for_planet/
A Payment Network for Planet Earth: Visualizing Gavin Andresen's blocksize-limit increasehttps://np.reddit.com/Bitcoin/comments/3ame17/a_payment_network_for_planet_earth_visualizing/
Is Bitcoin's block size "empirically different" or "technically the same" as Bitcoin's block reward? [animated GIF visualizing real blockchain data]https://np.reddit.com/btc/comments/3thu1n/is_bitcoins_block_size_empirically_different_o
New blocksize BIP: User Configurable Maximum Block Sizehttps://np.reddit.com/Bitcoin/comments/3hcrmn/new_blocksize_bip_user_configurable_maximum_block/
A Block Size Limit Was Never Part Of Satoshi’s Plan : Draft proposal to move the block size limit from the consensus layer to the transport layerhttps://np.reddit.com/bitcoin_uncensored/comments/3hdeqs/a_block_size_limit_was_never_part_of_satoshis/
Truth-table for the question "Will my node follow the longest chain?"https://np.reddit.com/bitcoinxt/comments/3i5pk4/truthtable_for_the_question_will_my_node_follow/
Peter R: "In the end, I believe the production quota would fail." #ScalingBitcoinhttps://np.reddit.com/Bitcoin/comments/3koghf/peter_r_in_the_end_i_believe_the_production_quota/
Centralization in Bitcoin: Nodes, Mining, Developmenthttps://np.reddit.com/Bitcoin/comments/3n3z9b/centralization_in_bitcoin_nodes_mining_development/
Deprecating Bitcoin Core: Visualizing the Emergence of a Nash Equilibrium for Protocol Developmenthttps://np.reddit.com/bitcoinxt/comments/3nhq9t/deprecating_bitcoin_core_visualizing_the/
What is wrong with the goal of decentralizing development across multiple competing implementations? - Peter Rhttps://np.reddit.com/bitcoinxt/comments/3ijuw3/what_is_wrong_with_the_goal_of_decentralizing/
"Reduce Orphaning Risk and Improve Zero-Confirmation Security With Subchains" — new research paper on 'weak blocks' explainshttps://np.reddit.com/btc/comments/3xkok3/reduce_orphaning_risk_and_improve/
A Visual Explanation of Subchains -- an application of weak blocks to secure zero-confirmation transactions and massively scale Bitcoinhttps://np.reddit.com/btc/comments/3y76du/a_visual_explanation_of_subchains_an_application/
Announcing Bitcoin Unlimited.https://np.reddit.com/btc/comments/3ynoaa/announcing_bitcoin_unlimited/
"It's because most of them are NOT Bitcoin experts--and I hope the community is finally starting to recognize that" -- Peter R on specialists vs. generalists and the aptitudes of Blockstream Core developershttps://np.reddit.com/btc/comments/3xn110/its_because_most_of_them_are_not_bitcoin/
It is time to usher in a new phase of Bitcoin development - based not on crypto & hashing & networking (that stuff's already done), but based on clever refactorings of datastructures in pursuit of massive and perhaps unlimited new forms of scalinghttps://np.reddit.com/btc/comments/3xpufy/it_is_time_to_usher_in_a_new_phase_of_bitcoin/
Peter__R on RBF: (1) Easier for scammers on Local Bitcoins (2) Merchants will be scammed, reluctant to accept Bitcoin (3) Extra work for payment processors (4) Could be the proverbial straw that broke Core's back, pushing people into XT, btcd, Unlimited and other clients that don't support RBFhttps://np.reddit.com/btc/comments/3umat8/upeter_r_on_rbf_1_easier_for_scammers_on_local/
Peter R’s Theory on the Collapse of Mt. Goxhttps://np.reddit.com/Bitcoin/comments/1zdnop/peter_rs_theory_on_the_collapse_of_mt_gox/
Peter__R's infographic showing the BIP 101 growth trajectory gets deleted from /bitcoin for "trolling"https://np.reddit.com/btc/comments/3uy3ea/peter_rs_infographic_showing_the_bip_101_growth/
"Scaling Bitcoin" rejected Peter R's proposalhttps://np.reddit.com/bitcoinxt/comments/3takbscaling_bitcoin_rejected_peter_rs_proposal/
After censoring Mike and Gavin, BlockStream makes its first move to silence Peter R on bitcoin-dev like they did on /bitcoinhttps://np.reddit.com/bitcoinxt/comments/3syb0z/after_censoring_mike_and_gavin_blockstream_makes/
Looks like the censors in /bitcoin are at it again: Peter_R post taken down within minuteshttps://np.reddit.com/bitcoinxt/comments/3tvb3b/looks_like_the_censors_in_rbitcoin_are_at_it/
I've been banned for vote brigading for the animated GIF that visualized the possible future deprecation of Bitcoin Core.https://np.reddit.com/bitcoinxt/comments/3nizet/ive_been_banned_for_vote_brigading_for_the/
An example of moderator subjectivity in the interpretation of the rules at /bitcoin: animated pie chart visualizing the deprecation of Bitcoin Corehttps://np.reddit.com/bitcoinxt/comments/3osthv/an_example_of_moderator_subjectivity_in_the/
"My response to Pieter Wuille on the Dev-List has once again been censored, perhaps because I spoke favourably of Bitcoin Unlimited and pointed out misunderstandings by Maxwell and Back...here it is for those who are interested" -- Peter Rhttps://np.reddit.com/btc/comments/3ybhdy/my_response_to_pieter_wuille_on_the_devlist_has/
To those who are interested in judging whether Peter R's paper merits inclusion in the blockchain scaling conference, here it is:https://np.reddit.com/btc/comments/3td6b9/to_those_who_are_interested_in_judging_whethe
The real reason Peter_R talk was refused (from his previous presentation) (xpost from /btc)https://np.reddit.com/bitcoinxt/comments/3uwpvh/the_real_reason_peter_r_talk_was_refused_from_his/
[CENSORED] The Morning After the Moderation Mistake: Thoughts on Consensus and the Longest Chainhttps://np.reddit.com/bitcoin_uncensored/comments/3h8o50/censored_the_morning_after_the_moderation_mistake/
[PSA] Uber Troll Extraordinaire, Peter__R, has been permanently suspended by Reddithttps://np.reddit.com/Bitcoin/comments/407j77/psa_uber_troll_extraordinaire_upeter_r_has_been/
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On 08/20/2015 08:49 PM, Nicolas Dorier via bitcoin-dev wrote:
What about formal votes? Is there a way to visually have them appearA visualization I would like to see would include:etc) based on what's published in blocks.
pie graph(s) of what % are voting for (BIP 100, BIP 101, 8MB, BIP
If such a vote existed, I would gladly show the pie on BIPxDevs.
However there is no standard way for miners to vote informally BIP
in a pie chart as the votes become apparent in blocks?
I appreciate good visualizations and am trying to get a (visual)
comparison of the votes on these competing proposals.
_______________________________________________ bitcoin-dev mailing
list bitcoin-dev at lists.linuxfoundation.org
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Current state of the blocksize debate – BIP-100 vs BIP-101 Mark July 21, 2015 Crypto , News Blockchain technology is a brand new technology whose first application is Bitcoin. A community dedicated to Bitcoin, the currency of the Internet. Bitcoin is a distributed, worldwide, decentralized digital money. Bitcoins are... Digital money that’s instant, private, and free from bank fees. Download our official wallet app and start using Bitcoin today. Read news, start mining, and buy BTC or BCH. How Bitcoin works, what is Bitcoin, what is blockchain, how to buy Bitcoin, what is Bitcoin mining and more. Whoever you are, Bitcoin is for you. Individuals, businesses, and developers: get the support you need with our simple guides. Watch 3 min. Bitcoin 101. Individual. Business. Developer. Start using money that’s free from bank charges The first mention of a product called bitcoin was in August 2008 when two programmers using the names Satoshi Nakamoto and Martti Malmi registered a new domain, bitcoin.org. In October of the same
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