I've published a video on Xtreme Thinblocks. It references these forums, so you might need to get ready for a flood of newcomers. 
Feel free to share as you see fit. Enjoy!
Feel free to share as you see fit. Enjoy!
Chronos Crypto on Xtreme Thinblocks
- Thread starter Chronos
- Start date
- Aug 22, 2015
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Hey @Chronos, that's a really nice and fast delivered overview. Kept my focus, and I thought it was very balanced.
Are you going to post on reddit? We are looking at the official release of BU v0.12 in a day or two and it would be nice to put them up about the same time.
Are you going to post on reddit? We are looking at the official release of BU v0.12 in a day or two and it would be nice to put them up about the same time.
Thank you, all, for the positive remarks.
Feel free to share it at the appropriate time. I don't post too much on Reddit, so I don't want to be seen as someone who only promotes his own content. You'll get an upvote from me.
majamalu
Active Member
- Aug 28, 2015
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- Aug 29, 2015
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Great job @Chronos! Just watched the video, very clear and comprehensive. I liked the way you explained Bloom filters.
Minor nitpick on the "12% bandwidth saving" criticism. I think that dropping transactions from the mempool is not the main reason for inflated transaction bandwidth. More significant are:
1) The Bitcoin peer-to-peer protocol uses a "gossip" protocol which inherently has overhead. Due to how transactions are flooded across the network, nodes will often receive the same transaction more than once.
2) Nodes will consume bandwidth serving light wallets. This also adds to the transaction bandwidth overhead.
Minor nitpick on the "12% bandwidth saving" criticism. I think that dropping transactions from the mempool is not the main reason for inflated transaction bandwidth. More significant are:
1) The Bitcoin peer-to-peer protocol uses a "gossip" protocol which inherently has overhead. Due to how transactions are flooded across the network, nodes will often receive the same transaction more than once.
2) Nodes will consume bandwidth serving light wallets. This also adds to the transaction bandwidth overhead.
@Mengerian Ah, good point about (1). However, isn't (2) only true if the node explicitly sets itself up to support such wallets?