spacestr

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drgo
Member since: 2023-02-01
drgo
drgo 18h

Fact check: mostly false ❎ The performance bottle neck as applied to UTXO set occurs during IBD. Validating an incoming block immediately after rebooting your computer would happen before RAM cache of UTXO set would be made. But this has negligible effect on anything other than Initial Block Download.

drgo
drgo 2d

Unpopular opinion: recent bitcoin transaction spam that stuffs data in non-provably unspendable outputs will require bitcoin software to partition UTXO set in to probably spendable stuff stored in memory and probably not spendable stored on disk. In short, bitcoin can’t keep using RAM as a disk cache for entire UTXO set and eventually code will be forced to reflect real world constraints.

drgo
drgo 17h

Well, I for one would gladly put 's boobs on my chest đŸ„łđŸŸ

drgo
drgo 17h

Kinda, yeah. But moar ram isn’t the answer. Or at least it’s not the smartest answer.

drgo
drgo 17h

Exactly. Spamming UTXO set will cause more frequent dumping of RAM cache to disk which takes a long time
I don’t have a numerical estimate but you can estimate it yourself
try repeatedly halving the value of dbcache= in bitcoin.conf and time how long each run takes for initial block download
start at dbcache = 90% of your RAM
I’d bet you’d see a increase in sync time below a certain level and minimal improvement in sync time above a certain level of dbcache.

drgo
drgo 17h

lol
it mostly matters during IBD
it’s like setting dbcache parameter in bitcoin.conf to smaller and smaller values


drgo
drgo 17h

For bootstrapping a new node, teired storage allowing spammy transactions to stay on disk and not cached in RAM will fix the UTXO set bloat problem encountered during IBD.

drgo
drgo 18h

Another Hell thread? Well, it’s hard to argue or be unhappy about boobs, so there is that on the + side.

drgo
drgo 1d

Welcome to the Wild West my friend

drgo
drgo 1d

Hypothesis: taxation determines rate of return
but not in the sense you may think. Maybe , just maybe, they want interest rate on bonds to be high because interest is taxed at a higher grate than long term capital gains
capital gains are taxed at 20-28% for the money that matters (lower AGIs pay 10-20% for cap gains), but interest and dividends are taxed at 37% for high income earners (0-37% for lower income earners). Maybe they want to have high interest rates to boost taxation
until unrealized capital gains taxes become a thing, this is the only way to steal money other than inflation: propping up yield.

drgo
drgo 2d

Short video shows sad things. Is there a longer video?

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