PART 3 | Massive On-Chain Scaling for Bitcoin

[iFixBTCmemoryIssues]

not only are Xthin blocks faster than standard blocks, they are also less affected by the Great Firewall of China (GFC). Xthin blocks propagated on average 5.6 times as fast across the normal P2P network (3.9 s / 0.7 s), and 9.7 times as fast through the GFC (17.4 s / 1.8 s).

https://medium.com/@peter_r/towards-mas ... 2a752c14c2

[iFixBTCmemoryIssues]

Impressive numbers and great collaboration between all parties!!!!!!!!

When someone asks me what Bitcoin software to run, it's Unlimited all the way!!!!!!!!

[arnoudk]

Very impressive results, yet again.

So basically, xthin blocks pass through the "Great" Firewall of China faster, than regular blocks pass through the open peer to peer system.

I read on bitco.in (I think) that the Unlimited team is working on another optimization - Xpedited blocks - which improves propagation time at the expense of additional data. This would be geared towards miners, not regular users, I would think.

They are also making some progress to further improving the results of the XThin blocks, I think they are able to reduce the bloom filter size to about 1/3rd of it's size (when mempools are full, bloom filter size increases - they have an idea that they are testing and that appeared to work well in preliminary tests.)

There's so much energy, and innovation, happening in Unlimited.

[iFixBTCmemoryIssues]

Testimonials from around the internet about Bitcoin Unlimited:


"Very cool, very nicely presented, thank you!"

"wonderful methodology, execution, analysis, and communication.

"When someone asks me what Bitcoin software to run, it's Unlimited all the way!!!!!!!!"

"Objective, data-driven, and easily understood. This is what open-source development should look like. I can't wait for more of this!"

"Nice work on the entire serie, very well presented!"

"Very impressive results, yet again."

"So, Xtreme Thinblocks make block propagation 8.5 times faster than with previous versions of Bitcoin Core. If the Bitcoin Core developers were ok with a blocksize limit of 1 MB before Xtreme Thinblocks existed, then they must be ok with a blocksize limit of 8.5 MB now. They said that the limit could not be increased beyond the current 1 MB because of upload bandwidth limitations for full node operators. Now that is no longer a problem because everyone is now 8.5 times faster in terms of upload bandwidth capabilities. I'm sure they'll make up some new excuse not to increase the limit though."

"I love how they approached this experiment. I really like how they are getting real-world data and measuring how different setups provide different results. This is a great solution that certainly has a place in the bitcoin ecosystem."

"I cannot wait to see the rest of this presentation, it is cutting edge!!!!!!!!"

"great infographic! ... it's painful to watch the regular block going through the GFC"

"it can't get bigger praises !"

"Fantastic presentation of the results."

"Good stuff Peter "

"GG guys. Keep up the good work"

"There's so much energy, and innovation, happening in Unlimited."

"Great work."

"It keeps getting more interesting with each part. Peter really has a talent for explaining things clearly."

"Nice to see real innovation in Bitcoin."

"Thanks for all the work on this, very informative."

"Excellent work Peter. Great stuff."

"This is the response of a team player. I'm so delighted to see this kind of language and attitude; we've not been used to such in Bitcoin development for a while, unfortunately. It really highlights the fundamental difference between arrogance and team effort."

"I too agree, the series and technology is fantastic, this is exactly the type of developers Bitcoin requires!!!!!!!!!!!!"

"Revolutionary work "

"Excellent. Who says there is no development in bitcoin right now?"

"Love it."

"After reviewing their presentation, I was amazed by the results!!!!!! For my own businesses and clients, this is the ultimate solution, the unlimited solution! I love it!!!!!"

"Bloom filters are awesome. Anyone who is against spreading this innovation clearly has their head up their butt."

"Congratulations to all involved in this project, it is exceptional innovation!!!!!!!!!"

"Impressive numbers and great collaboration between all parties!!!!!!!!"

[iFixBTCmemoryIssues]

UPDATE: Bitcoin Unlimited node-count up ~20% in the past 48 hours!

This is great growth, well done BU!!!!!!!

People see the right solution for Bitcoin's future

Slowly but surely, we will get it done and avoid disaster.