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From: David Vorick <david.vorick@gmail•com>
To: Jared Lee Richardson <jaredr26@gmail•com>
Cc: Bitcoin Dev <bitcoin-dev@lists•linuxfoundation.org>
Subject: Re: [bitcoin-dev] Hard fork proposal from last week's meeting
Date: Fri, 31 Mar 2017 12:14:42 -0400	[thread overview]
Message-ID: <CAFVRnyqSMVj2Ttc4_5vuk73Z5yRJdxeSodvkdjqsrHbgghcmUQ@mail.gmail.com> (raw)
In-Reply-To: <CAD1TkXvXYX0f+jMMc41vhANuKfw-rNg9tUOG0bCS=T-YGYYjPw@mail.gmail.com>

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No one is suggesting anything like this.  The cost of running a node
that could handle 300% of the 2015 worldwide nonbitcoin transaction
volume today would be a rounding error for most exchanges even if
prices didn't rise.


Then explain why PayPal has multiple datacenters. And why Visa has multiple
datacenters. And why the banking systems have multiple datacenters each.

I'm guessing it's because you need that much juice to run a global payment
system at the transaction volumes that they run at.

Unless you have professional experience working directly with transaction
processors handling tens of millions of financial transactions per day, I
think we can fully discount your assessment that it would be a rounding
error in the budget of a major exchange or Bitcoin processor to handle that
much load. And even if it was, it wouldn't matter because it's extremely
important to Bitcoin's security that it's everyday users are able to and
are actively running full nodes.

I'm not going to take the time to refute everything you've been saying but
I will say that most of your comments have demonstrated a similar level of
ignorance as the one above.

This whole thread has been absurdly low quality.

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  reply	other threads:[~2017-03-31 16:14 UTC|newest]

Thread overview: 81+ messages / expand[flat|nested]  mbox.gz  Atom feed  top
2017-03-29 19:33 Daniele Pinna
2017-03-29 20:28 ` Peter R
2017-03-29 22:17   ` Jared Lee Richardson
2017-03-29 20:28 ` David Vorick
2017-03-29 22:08   ` Jared Lee Richardson
2017-03-30  7:11     ` Luv Khemani
2017-03-30 17:16       ` Jared Lee Richardson
2017-03-31  4:21         ` Luv Khemani
2017-03-31  5:28           ` Jared Lee Richardson
2017-03-31  8:19             ` Luv Khemani
2017-03-31 15:59               ` Jared Lee Richardson
2017-03-31 16:14                 ` David Vorick [this message]
2017-03-31 16:46                   ` Jared Lee Richardson
2017-03-31 18:23                     ` David Vorick
2017-03-31 18:58                       ` Eric Voskuil
2017-04-01  6:15                       ` Jared Lee Richardson
  -- strict thread matches above, loose matches on Subject: below --
2017-03-31 21:23 Rodney Morris
2017-03-31 23:13 ` Eric Voskuil
     [not found]   ` <CABerxhGeofH4iEonjB1xKOkHcEVJrR+D4QhHSw5cWYsjmW4JpQ@mail.gmail.com>
2017-04-01  1:41     ` Rodney Morris
2017-04-01  6:18   ` Jared Lee Richardson
2017-04-01  7:41     ` Eric Voskuil
     [not found]       ` <CAAt2M1_sHsCD_AX-vm-oy-4tY+dKoDAJhfVUc4tnoNBFn-a+Dg@mail.gmail.com>
     [not found]         ` <CAAt2M19Gt8PmcPUGUHKm2kpMskpN4soF6M-Rb46HazKMV2D9mg@mail.gmail.com>
2017-04-01 14:45           ` Natanael
     [not found]       ` <CAD1TkXusCe-O3CGQkXyRw_m3sXS9grGxMqkMk8dOvFNXeV5zGQ@mail.gmail.com>
2017-04-01 18:42         ` Jared Lee Richardson
     [not found]   ` <CAAt2M1_kuCBQWd9dis5UwJX8+XGVPjjiOA54aD74iS2L0cYcTQ@mail.gmail.com>
     [not found]     ` <CAAt2M19Nr2KdyRkM_arJ=LBnqDQQyLQ2QQ-UBC8=gFnemCdPMg@mail.gmail.com>
2017-04-01 13:26       ` Natanael
2017-03-29 19:50 Raystonn .
2017-03-30 10:34 ` Tom Zander
2017-03-30 11:19   ` David Vorick
2017-03-30 21:42     ` Jared Lee Richardson
2017-03-30 11:24   ` Aymeric Vitte
2017-03-28 19:56 Paul Iverson
2017-03-28 20:16 ` Pieter Wuille
2017-03-28 20:43 ` Tom Zander
2017-03-28 20:53   ` Alphonse Pace
2017-03-28 21:06     ` Luke Dashjr
2017-03-28 16:59 Wang Chun
2017-03-28 17:13 ` Matt Corallo
2017-03-29  8:45   ` Jared Lee Richardson
2017-03-28 17:23 ` Alphonse Pace
2017-03-28 17:31   ` Wang Chun
2017-03-28 17:33     ` Jeremy
2017-03-28 17:50     ` Douglas Roark
2017-03-28 17:33   ` Juan Garavaglia
2017-03-28 17:53     ` Alphonse Pace
2017-03-28 22:36       ` Juan Garavaglia
2017-03-29  2:59         ` Luv Khemani
2017-03-29  6:24         ` Emin Gün Sirer
2017-03-29 15:34           ` Johnson Lau
2017-04-01 16:15             ` Leandro Coutinho
2017-03-29  9:16       ` Jared Lee Richardson
2017-03-29 16:00         ` Aymeric Vitte
2017-03-28 17:34 ` Johnson Lau
2017-03-28 17:46   ` Luke Dashjr
2017-03-28 20:50   ` Tom Zander
2017-03-29  4:21     ` Johnson Lau
2017-03-28 20:48 ` Tom Zander
2017-03-29  6:32 ` Bram Cohen
2017-03-29  9:37   ` Jorge Timón
2017-03-29 19:07     ` Jared Lee Richardson
2017-04-02 19:02       ` Staf Verhaegen
2017-03-29  7:49 ` Martin Lízner
2017-03-29 15:57   ` David Vorick
2017-03-29 16:08     ` Aymeric Vitte
     [not found]       ` <CAFVRnyo1XGNbq_F8UfqqJWHCVH14iMCUMU-R5bOh+h3mtwSUJg@mail.gmail.com>
2017-03-29 16:18         ` David Vorick
2017-03-29 16:20           ` Andrew Johnson
2017-03-29 16:25             ` David Vorick
2017-03-29 16:41               ` Andrew Johnson
2017-03-29 17:14                 ` Aymeric Vitte
2017-03-29 20:53               ` Jared Lee Richardson
2017-03-29 20:32           ` Jared Lee Richardson
2017-03-29 21:36             ` praxeology_guy
2017-03-29 22:33             ` Aymeric Vitte
2017-03-30  5:23               ` Ryan J Martin
2017-03-30 10:30                 ` Tom Zander
2017-03-30 16:44                   ` Jared Lee Richardson
2017-03-30 20:51                   ` Jared Lee Richardson
2017-03-30 21:57                     ` Tom Zander
     [not found]               ` <CAD1TkXvx=RKvjC8BUstwtQxUUQwG4eiU9XmF1wr=bU=xcVg5WQ@mail.gmail.com>
2017-03-30 10:13                 ` Aymeric Vitte
2017-03-29 19:46     ` Jared Lee Richardson
2017-03-29 19:10   ` Jared Lee Richardson
2017-03-29 19:36     ` praxeology_guy
2017-04-02 19:12     ` Staf Verhaegen

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