[1000 unconfirmed transaction] Spam attack has practically ended for 2 days! - page 3.

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legendary

Activity: 883

Merit: 1005

Quote from: pooya87 on March 19, 2017, 09:08:57 AM

everyone is too busy arguing about nonsense about a possible fork in a far away future and lots of FUD in this board alone, that they even missed the fact that the memory pool has been literary empty for the past 48+ hours!

as i am writing this there are 920 unconfirmed transactions in the memory pool and the last 4 blocks are practically empty

457985 31.10
--- full
457983 892.58 KB
457982 353.94 KB
457981 316.85 KB
457980 208.78 KB
--- full
457977 0.259 KB
--- full

I know i am going to jinx it now

This proves 90%+ of the transactions in the mem-pool are spam from the major mining pools to prop up transaction fees and push a false narrative. The Truth is that we don't need to increase block size.

Yogafan00000

sr. member

Activity: 314

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Quote from: AngryDwarf on March 19, 2017, 01:21:12 PM

It could also mean that part of the recent price drop might have been people deciding to get out of bitcoin.

Also, maybe, some folks are sitting tight on their wallets in case there is a fork. No one wants to miss out on double coins.

jonald_fyookball

legendary

Activity: 1302

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Core dev leaves me neg feedback #abuse #political

Quote from: lurker10 on March 19, 2017, 09:37:46 AM

Bitcoin network will not need the extra capacity of Bitcoin Unlimited as users began migration to other coins, cheaper to transact networks, you know their names.

Yep. Pretty sad. And as cryptocurrency demand in general grows, new users also will look to other coins that offer plenty of bandwidth, unless Bitcoin offers
a scalability solution pretty soon.

pooya87

legendary

Activity: 3472

Merit: 10611

Quote from: digaran on March 19, 2017, 01:33:47 PM

~ they simply can ignore the low fee ones.~

low fee transactions belong to the poor users, the real users with legit transactions paying for something online for example and have their transaction stuck.

majority of the spam attack transactions have high fees (120-220 s/b)

digaran

copper member

Activity: 1330

Merit: 899

🖤😏

What happens if all the nodes set their minRelayTxFee at 0.0001? or sat/b equivalent of that amount? you guys talk about spam attacks like miners are forced to include low fee transactions, they simply can ignore the low fee ones.
Any miner intentionally refuse to process transactions as fast as they can even with a relatively enough fee just to force users to include more and higher fees to earn a few hundreds bucks should know that a network being functional and reliable at all times is what people and users really expect from a network such as bitcoin's.

AngryDwarf

sr. member

Activity: 476

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It could also mean that part of the recent price drop might have been people deciding to get out of bitcoin.

7788bitcoin

legendary

Activity: 2282

Merit: 1023

To me, this means the actual number of "real" transactions are still manageable by the 1MB blocksize. We are still far from mainstream adoption.

However, on the other hand, we also can stop people from flooding the mempool by these "stress test"...

Cashew

sr. member

Activity: 391

Merit: 250

This shows us that there is absolutely no need for Bitcoin Unlimited or I do not know what other scaling solution that is absolutely not needed.

BrewMaster

legendary

Activity: 2114

Merit: 1293

There is trouble abrewing

Today was great, i noticed it at first when i received a payment with a low amount of satoshi/byte and it was confirmed fast in the next block and then i checked blockchain.info and to my surprise it was showing a small number as the number of unconfirmed transactions

i wonder how long this is going to last?

Carlton Banks

legendary

Activity: 3430

Merit: 3080

Quote from: ABCbits on March 19, 2017, 09:53:08 AM

Running single full nodes isn't cheap if you live in 3rd world country. Even my pc/internet connection is below minimum requirement (source))

Can anyone think of a very conspicuous poster on this forum who goes on and on about how fees are now too expensive in 3rd world countries Grin

Frankly, one forgets the name of this particular hypocrite Cheesy

European Central Bank

legendary

Activity: 1288

Merit: 1087

Quote from: Jet Cash on March 19, 2017, 09:39:27 AM

So are we getting close to the point where we can say "fork off" and start to invest in Bitcoin?

it still needs to be addressed but it ain't the life or death emergency so many have claimed (and were paying large amounts to 'prove').

DannyHamilton

legendary

Activity: 3472

Merit: 4801

Sending spam that actually takes up space in the blockchain requires that the spam pay transaction fees just like everybody else. Perhaps the spammers just ran out of funds? Or perhaps the fees got so expensive that the spammers decided it wasn't worth the cost anymore?

pooya87

legendary

Activity: 3472

Merit: 10611

Quote from: Soros Shorts on March 19, 2017, 10:01:10 AM

~
I do indeed have the setting at the default 72 hours (I guess I can go a lot more with the mempool config that I have), but comparing apples to apples my node still had more than double the current 2,200 unconfirmed tx's just a few days ago.

I guess that there really is no "the mempool", even to the extent that some nodes might have mempool going up in size at the same time as others are going down.

are you sure you are relaying everything?
i am no expert in this field but there are restriction that you can put on txs that you accept for example minRelayTxFee is one of them you may have had it at a high amount, rejecting most of the transactions out there.
https://bitcoin.stackexchange.com/questions/48235/what-is-the-minrelaytxfee

Soros Shorts

donator

Activity: 1617

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Quote from: AngryDwarf on March 19, 2017, 09:50:08 AM

Quote from: Soros Shorts on March 19, 2017, 09:46:10 AM

Quote from: Carlton Banks on March 19, 2017, 09:33:32 AM

Just goes to show how many people on Bitcointalk are actually running full nodes. Unconfirmed tx's have been creeping slowly down from 10,000 for the past 2 weeks on my node.

That's strange. I have maxmempool set to 4096MB on my node and unconfirmed tx's have dropped to around 2,200. Am I connected mostly to crap nodes that don't relay?

Don't forget this setting:

Code:

-mempoolexpiry=
Do not keep transactions in the mempool longer than hours (default: 72)

I do indeed have the setting at the default 72 hours (I guess I can go a lot more with the mempool config that I have), but comparing apples to apples my node still had more than double the current 2,200 unconfirmed tx's just a few days ago.

I guess that there really is no "the mempool", even to the extent that some nodes might have mempool going up in size at the same time as others are going down.

freebutcaged

hero member

Activity: 588

Merit: 541

Spammers are resting since they think that they have succeeded in their attempt to bring down the network and the market, also the transaction you posted as being a spam transaction I followed it's tree chart on blockchain.info and my browser literally froze because of too many clusters and too many addresses shown on my screen what does that mean? the tree chart/

pooya87

legendary

Activity: 3472

Merit: 10611

Quote from: Senor.Bla on March 19, 2017, 09:45:23 AM

So the next logical step would be to see the transaction fees go down right? Transaction fees in USD will go down since the price dropped, so of course i mean fees in BTC (sat/byte).

technically yes.
as soon as people realize this (their wallets see this actually) they start paying less fees. i just checked electrum and the highest fee suggested by the wallet was 100 satoshi per byte which is 54.5% lower than last week's 220 s/b

p.s. it is weird that http://bitcoinfees.21.co/ is still suggesting 220 s/b as fee!!! (i admit i have never checked how they come up with the suggestion yet Cheesy

)
although https://live.blockcypher.com/btc/ is suggesting lower

ABCbits

legendary

Activity: 2870

Merit: 7490

Crypto Swap Exchange

So what? If more people use bitcoin or bitcoiner make more transaction, we will face the same problem again.
We still have to adopt SegWit, BU or other solution if we want see bitcoin adoption and price increasing.

Quote from: Lauda on March 19, 2017, 09:40:40 AM

Quote from: Carlton Banks on March 19, 2017, 09:33:32 AM

Just goes to show how many people on Bitcointalk are actually running full nodes.

I'd say that the number is very low. A lot of people call themselves "Bitcoin enthusiasts", but they don't even have a single node running.

Running single full nodes isn't cheap if you live in 3rd world country. Even my pc/internet connection is below minimum requirement (source))

AngryDwarf

sr. member

Activity: 476

Merit: 501

Quote from: Soros Shorts on March 19, 2017, 09:46:10 AM

Quote from: Carlton Banks on March 19, 2017, 09:33:32 AM

Just goes to show how many people on Bitcointalk are actually running full nodes. Unconfirmed tx's have been creeping slowly down from 10,000 for the past 2 weeks on my node.

That's strange. I have maxmempool set to 4096MB on my node and unconfirmed tx's have dropped to around 2,200. Am I connected mostly to crap nodes that don't relay?

Don't forget this setting:

Code:

-mempoolexpiry=
Do not keep transactions in the mempool longer than hours (default: 72)

Soros Shorts

donator

Activity: 1617

Merit: 1012

Quote from: Carlton Banks on March 19, 2017, 09:33:32 AM

Just goes to show how many people on Bitcointalk are actually running full nodes. Unconfirmed tx's have been creeping slowly down from 10,000 for the past 2 weeks on my node.

That's strange. I have maxmempool set to 4096MB on my node and unconfirmed tx's have dropped to around 2,200. Am I connected mostly to crap nodes that don't relay?

Senor.Bla

sr. member

Activity: 280

Merit: 253

So the next logical step would be to see the transaction fees go down right? Transaction fees in USD will go down since the price dropped, so of course i mean fees in BTC (sat/byte).

Topic: [1000 unconfirmed transaction] Spam attack has practically ended for 2 days! - page 3. (Read 3035 times)