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arnoudk
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First Classic block mined

Sun Feb 14, 2016 11:28 pm

Earlier today, the first Classic block has been mined!

Image

It is a small block, only 100 kB, which of course is getting made fun of. However, no miner has, or should have, the obligation to mine full blocks if they don't want to. As long as other miners can take the opportunity to put all extra transactions in the following blocks that they mine. Large blocks means tht this is possible. Competition exists. With small blocks, miners are not really competing, rather cooperating.

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Re: First Classic block mined

Mon Feb 15, 2016 12:15 am

Great, thanks for posting!
It would have been good to have the first classic block a full 2MB

:mrgreen:
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arnoudk
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Re: First Classic block mined

Mon Feb 15, 2016 1:07 am

Great, thanks for posting!
It would have been good to have the first classic block a full 2MB

:mrgreen:
It would not have been a full 2 MB block as those are valid only after 750 out of 1000 blocks are classic blocks and once that happens after a grace period of 4 weeks.

It would have been better though if the block was a full 1 MB ;)
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kingscrown
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Re: First Classic block mined

Mon Feb 15, 2016 7:37 am

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Acidyo
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Re: First Classic block mined

Mon Feb 15, 2016 11:15 am

Would it be a good idea to add the "classic" somewhere here on the forum as well and on the main site?

helloworld
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Re: First Classic block mined

Mon Feb 15, 2016 11:34 am

Hopefully more will roll in :)

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