[1000 unconfirmed transaction] Spam attack has practically ended for 2 days! - page 4.

pooya87

legendary

Activity: 3472

Merit: 10611

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

~ users began migration to other coins, ~

keep dreaming my friend. Wink

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

cheaper to transact networks, you know their names.

yeah i know all their names and i am enjoying the pumps. these altcoins being centralized and having huge premines and big ICO scams can also be beneficial to traders like me to make a huge and quick profit from these and get out.
their lifespan of being relevant is always too short, i have seen this for the past 4 years.

i am also well aware of why they are cheaper and why they are faster and well aware of the many downsides of them being faster and cheaper.

Lauda

legendary

Activity: 2674

Merit: 2965

Terminated.

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.

Please name me a single viable alternative. By viable I mean the following:
1) Doesn't have an instamine / isn't a scam. (See Dash)
2) Isn't highly centralized / doesn't have a high king. (see Ethereum)
3) Doesn't have even worse scalability issues than Bitcoin. (see Monero)

Please indulge me.

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.

Jet Cash

legendary

Activity: 2814

Merit: 2472

https://JetCash.com

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

lurker10

sr. member

Activity: 378

Merit: 250

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.

Carlton Banks

legendary

Activity: 3430

Merit: 3080

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.

pooya87

legendary

Activity: 3472

Merit: 10611

Quote from: Lauda on March 19, 2017, 09:23:31 AM

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

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

There is no "the" mempool. Which website did you use as your source for this information? There are some more shown here: https://www.blocktrail.com/BTC/pools?resolution=24h

My node is also hovering a bit above 1k unconfirmed transactions, at the time of writing. Hopefully you now see *who* might have been doing this to support *certain "urgent" solutions*.

thanks for the addition, i understand that.
i mostly meant as a comparison of numbers. 920ish (seen on https://blockchain.info/unconfirmed-transactions which is currently at 2507 also the similar number seen on http://statoshi.info/dashboard/db/memory-pool) versus 10,000 seen on the same sources back when the spam attack was ongoing.

Lauda

legendary

Activity: 2674

Merit: 2965

Terminated.

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

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

There is no "the" mempool. Which website did you use as your source for this information? There are some more shown here: https://www.blocktrail.com/BTC/pools?resolution=24h

My node is also hovering a bit above 1k unconfirmed transactions, at the time of writing. Hopefully you now see *who* might have been doing this to support *certain "urgent" solutions*.

pooya87

legendary

Activity: 3472

Merit: 10611

Quote from: induktor on March 19, 2017, 09:15:39 AM

It was 600 unconfirmed a minute ago, also the network is working lightning fast!, i did 3 TX and all of them went through in less than 3 minutes! wow!

what is going on?, I always get suspicious when things works too well, usually the calm before the storm Grin

well an spam attack[1] costs money. all these transactions are paying a fee which was also rising high to the miners and when you multiply that by thousands of transaction each hour and then multiply it by many days of the week the amount sums up to be very huge.

and when you create too many inputs, taking the money out to one main address costs a lot too.
this tx[2] that is one of them costed $120

[1] https://bitcointalksearch.org/topic/mother-of-all-spam-attacks-on-bitcoin-network-proof-1776143
[2] https://live.blockcypher.com/btc/tx/27b26807821178d6dbc4a08b5ccf9dab4459a967d975b8999b43afe504d44d2e/

lukew

jr. member

Activity: 81

Merit: 4

Maybe someone sat on a breaker for the spam-o-tron server and it's just rebooting Tongue

induktor

hero member

Activity: 710

Merit: 502

It was 600 unconfirmed a minute ago, also the network is working lightning fast!, i did 3 TX and all of them went through in less than 3 minutes! wow!

what is going on?, I always get suspicious when things works too well, usually the calm before the storm Grin

pooya87

legendary

Activity: 3472

Merit: 10611

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
update 21/3 I jinxed it Wink

Topic: [1000 unconfirmed transaction] Spam attack has practically ended for 2 days! - page 4. (Read 3035 times)