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replied 2184d
...core is great at their job, unfortunately their job is to secretly sabotage/cripple Bitcoin 💩
replied 2184d
Is that direct or fanout also? If wanted to do 50 from one output, could I just split it into 2 in one TX, then do 25 on each of those outputs, all before inclusion in a block?
replied 2184d
Memo has found one way that it is possible to send hundreds of transactions in the same block, I have no idea how they did it though.
replied 2184d
:D it keeps track of the unconfirmed UTXO chain and if >25 switches to another UTXO. If you only had 1 UTXO you would have a cap of 25. But you have a lot, so your cap is high.
replied 2184d
So can you artificially create more UTXOs during the process? I know the code isn't currently doing that, but could it be modified to do it for this purpose?
replied 2184d
You'd have to split into multiple UTXOs in a previous block. An unconfirmed UTXO can only have 25 ancestors.
Justicemate
replied 2184d
It was possible to have many more ancestors in previous implementations of Bitcoin. I wonder if any BCH devs / miners intend to push for a greater number again. I'd welcome it
replied 2184d
Here's a post I put together about it: https://jasonc.me/blog/chained-0-conf-transactions-memo
replied 2184d
"These limits were added unnecessarily" = 👏👏👏👏. Get the crap that forces off chain txns out of our code base.
replied 2184d
This seems like something worthy of the November upgrade.
chalbersma
replied 2184d
In theory this could be distributed outside of the normal upgrade cycle if it's just a node configuration.
replied 2184d
I think you're right. Just a matter of getting enough momentum of miners to change the setting, but it may be good to just remove the setting entirely. It seems "anti-usage".
replied 2183d
It's not trivial, but it's still fairly easy. w/bookchain we split coins into however many utxo is needed. memo could change to switch between 3-4 diff "utxo chains" until nodes supprt
replied 2183d
Edit: Oh wait, you already more or less do that, didn't read the full thread before replying. Should be split automatically though if users are complaining about it.
replied 2184d
Can Memo.cash function as an alternative to Twitter and Reddit? https://www.reddit.com/r/btc/comments/9j9slj/i_just_realized_that_if_memocash_had_a_way_to
replied 2184d
Ah, thanks. That's what i was wondering. If it was a limit on unconfirmed children in total, or just one level down.
replied 2184d
Thanks for the explanation, that clears it up. How many different UTXO can it change to? (Or: What is the upper limit of memo transactions per block?)
replied 2184d
It just depends on how many UTXOs you have. E.g. memo account has over 2k UTXOs. Assuming they could afford fees, in theory could do 50k transactions.
replied 2184d
50k transactions in total, or per block?
replied 2184d
In a single block.
replied 2184d
That should be enough.
replied 2184d
2k UTXOs is probably not common. It's also possible to have many more. Theoretically there is no limit in the number of UTXOs you can have.
replied 2184d