Bitcoin Cash Market Update: BCH for is inevitable as ...

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:
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]

Scaling Bitcoin - Day 1 - Morning Session A BULLISH BITCOIN CHART WITH 63% ACCURACY Cours du Bitcoin en direct [LIVE] Bitcoin Cash DAA Development meeting #3 BCH Coffeehouse: Improving the Difficulty Adjustment Algorithm

"In a recent reddit post, Jonathan Toomim was asked if he was paid for his work, and his answer saddens me - he have been considering seeking full time employment in our ecosystem, but due to social reasons feel discouraged. I want us to attract developers, not discourage them." Bitcoin Suisse Completes a $48 Million Series A Financing Round Bitcoin Cash will be forked on November 15, BCH holders will receive airdrop of new coins. BCH/USD may retest daily SMA50 before another attempt to move above $300. In recent weeks the tensions in the Bitcoin Cash have been escalating rapidly as Bitcoin ABC development team adopted Jonathan Toomim’s ASERT Difficul On April 8, BCH developer Jonathan Toomim revealed how far he’s come with the Xthinner block compression protocol. Toomim tested the platform between two Bitcoin ABC full nodes on the BCH mainRead More… Hauptseite » Bitcoin Cash » BCH zu BTC » Bitcoin Cash Live-Kurs-Chart. BCH / BTC Bitfinex 0.02259800 1h Veränderung-0.56%. 24h Veränderung-2.09%. 24h Hoch. 0.02325300. 24h Tief. 0.02200100. 24h Volumen. 4,002 ...

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Scaling Bitcoin - Day 1 - Morning Session

This video is unavailable. Watch Queue Queue Bitcoin Cash Difficulty Adjustment Algorithm Development meeting #3: Follow up of DAA meeting number 2: Discuss progress on development, implementation and specification. August 3rd, 2020, 19:00 ... Jonathan Toomim Karol Trzeszczkowski Bitcoin Cash Coffeehouse is a new series that brings together developers and other members in the community for thoughtful discussion in order to figure out ... Cours du bitcoin en direct avec mon analyse graphique. IL N'Y A PAS DE SON, C'EST NORMAL ! Ce direct partage uniquement le cours du bitcoin en direct ainsi que l'évolution de mon analyse du ... Top Bitcoin Core Dev Greg Maxwell DevCore: Must watch talk on mining, block size, and more - Duration: 55:04. The Bitcoin Foundation Recommended for you