February 18, 2026

Capitalizations Index – B ∞/21M

Re: hypothesis: BU motivations (NO PROOF)

Re: hypothesis: BU motivations (NO PROOF)

Will that lead to more blockchain bloat or not? There is also the mining centralization issue that comes with bigger blocks.

miner centralisation?? nope

you do know that an ASIC has no hard drive.
ASICS do not store the blockchain and do not care about the data of a block or how big a block is.

an asic is just handed a hash and told how many0000 at the start of the solution is needed for a solved hash

1byte of data
65c74c15a686187bb6bbf9958f494fc6b80068034a659a9ad44991b08c58f2d2

or 1000byte
e6631d63c97fb6d9239bd7d1d0a8878e3ea383722635051f94efc5b2790fc441

or a gigabyte
442aaa99d16cf451b853451fbb0515ed696985f236924adf682b34e9531472b1

the hash a asic is given is the same length


the POOL/nodes however that do validate tx data need to ensure they do it in a timely manner.

for instance v0.12 had a txsigop limit of 4000ops.. and a blocksigop limit of 20,000ops
a malicious person can make 5 transactions of 4000ops to use up the blocks limits.

lets say it takes 0.01sec to process 4000ops
that becomes 0.05sec to do the whole block.

now imagine. instead of having
1mb block with 4,000txsopl and 20,000bsopl
we had
2mb block with 8,000txsopl and 40,000bsopl
using native keys quadratics would take 1min 40 seconds for the 5 tx’s

where as if we had
2mb block with 4000txsopl and 40,000bsopl
using native keys even with quadratics would take 0.10 seconds for 10tx’s
thus alleviating the quadratics scare because your not allowing a single transaction to multiply up the sigops. but allowing more transactions per block.

the real silly thing is,
core have actually put in
1mb base 4mb weight block with 16,000txsopl and 80,000bsopl
which is incredibly stupid and allows native key sigop spammers to do alot within the baseblock

if basing the block sigop limit on the weight. they should be doing
1mb base 4mb weight block with 4,000txsopl and 80,000bsopl
which would allow 20 bloated maxed out tx’s instead of 5. but the timing would only be 0.2sec…
not hours and only five maxed out spam tx’s that core 0.14+ allows

but now im just ranting.

(Why?)

Published at Fri, 31 Mar 2017 06:06:34 +0000

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Omise Goes High on Ethereum Boost

Nearly all of the altcoins have been enjoying a bumper run up to the holiday season in crypto land. Many record price highs have been broken in the last week or two as it seems like everyone is stocking up on crypto.


Ethereum has seen record price action in the past few days, surging past its previous high of $753 on December 14th to reach a new one of $831 just a couple of hours ago. ETH is up almost 140% from the same time last month, and market capacity is almost at $80 billion.

Omise on the Go

Since many altcoins are based on the Ethereum platform, their success largely depends on it doing well. Once such digital asset that has rode on the back of Ethereum’s rise, and the words of its creator, is OmiseGO. In a post last week, Ethereum co-founder Vitalik Buterin endorsed OmiseGO by tweeting:

Right now my favorite token model is OMG-style staking tokens.

OMG works on a delegated proof-of-stake, which involves validating the network through running nodes that can be voted for. According to reports, rewards are distributed in a democratized way through the ability to vote for which node to validate the transaction. Rewarding good performers and down-voting poor ones should achieve some form of balance on the network and incentivize everyone to perform well.

OmiseGO views blockchain as a data revolution and not so much a storage ledger as in the bitcoin model. Its cryptographic processes are designed to process data which will bring new opportunities for IT infrastructures and companies other than just financially-based organizations. OMG is big in Asia, especially Thailand, where payment trials are currently in operation with companies such as McDonalds. The ethos is to provide those without a bank account a safe and secure wallet for digital transactions.

Up and Running

OMG is already processing payments, and the system is not new to the crypto scene; it was founded in 2013. Transactions are currently taking place, and more organizations are set to test the technology in the coming months when wallet SDKs and the plasma architecture are to be rolled out. Overall, OMG has a solid roadmap for next year.

OmiseGO has gained an extraordinary 4000% since mid-year. Trading as a sub-dollar coin back in July, it has now topped an all-time high of $20.56 just a few minutes ago. Market capacity is just over $2 billion, and the total supply is just 140 million, with over 100 million already out there. Omise still has a long way to GO in 2018.

How far will Omise GO next year? Let us know your thoughts in the comments below.


Images courtesy of Bitcoinist archives, Twitter/@VitalikButerin, and Moody AFB.

The post Omise Goes High on Ethereum Boost appeared first on Bitcoinist.com.

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