hands by spamming the network. The network/miners are just hashing away at it, and milking these idiots money. Just imagine what would
have happened, if we had bigger block sizes.
Topic: 33000 unconfirmed transactions, OMG!, what happened?? (Read 2109 times)
We have seen this before, when people did these "Stress tests" during the Bitcoin Core vs Bitcoin XT battle. Someone wants to force people's
hands by spamming the network. The network/miners are just hashing away at it, and milking these idiots money. Just imagine what would
have happened, if we had bigger block sizes.
hands by spamming the network. The network/miners are just hashing away at it, and milking these idiots money. Just imagine what would
have happened, if we had bigger block sizes.
Really? Whats happening of Bitcoin is there an issue with us if we also transact?
Yep, but it's the "new normal".
Vote SegWit ... ?
Vote SegWit ... ?
Some days ago I have seen this confirmed transaction has rose to 50000. Certainly it seems some of them purposely try to create many transaction so that it could jam the network and unconfirmed keep on rising. But for now at present I can see that only 5000 approx unconfirmed transactions. Hope in couple of hour it will reduce and be back to normal.
First,there is a huge decrease of the number of miners.
This is incorrect on multiple levels. Mining has almost nothing to do with it. Transactions are mined at an almost constant rate regardless of how many miners there are (provided miners choose to mine as many transactions as possible and generally they do), and secondly the overall mining hashrate has only kept increasing in the last year. 
33000 unconfirmed transactions! OMG!!
did i miss something? . did something happen lately i don't know about?, i have never seen 33000 unconfirmed transactions, ever.
did i miss something? . did something happen lately i don't know about?, i have never seen 33000 unconfirmed transactions, ever.
There are 2 explanations for me.
First,there is a huge decrease of the number of miners.
Second,someone is spamming the network with thousands of small transactions.
this is starting to become a common thing, to see a huge number of unconfirmed transactions in the mempool. a while back this could only happen once or twice a month but now it happens every couple of days.
and interesting enough this new trend started happening the same time segwit signalling started to take place! coincidence?
and interesting enough this new trend started happening the same time segwit signalling started to take place! coincidence?
I don't think it matters much even if the spammers have infinite money and just keep on doing this without stopping. If that is the case, then we'll just have to raise the default transaction price and increase the mining reward so that enough miners get on it to bring the confirmation time back down.
any spike in transaction spamming should in theory be met with an equal spike in increased hashpower going for the higher mining rewards, and it should all even out in the end.
any spike in transaction spamming should in theory be met with an equal spike in increased hashpower going for the higher mining rewards, and it should all even out in the end.
This assumes the spam is actually mined. If it is not mined there is no cost to the spammer.
I don't think it matters much even if the spammers have infinite money and just keep on doing this without stopping. If that is the case, then we'll just have to raise the default transaction price and increase the mining reward so that enough miners get on it to bring the confirmation time back down.
any spike in transaction spamming should in theory be met with an equal spike in increased hashpower going for the higher mining rewards, and it should all even out in the end.
any spike in transaction spamming should in theory be met with an equal spike in increased hashpower going for the higher mining rewards, and it should all even out in the end.
...
good news (about anti-spam feature). at least the problem is processed even it will not be so fast. so it is not a good time to send bitcoin. well I think the spammer has a purpose to do that. I do not know what the purpose is, just be careful anyone. lucky me, I did not send bitcoin last month.
good news (about anti-spam feature). at least the problem is processed even it will not be so fast. so it is not a good time to send bitcoin. well I think the spammer has a purpose to do that. I do not know what the purpose is, just be careful anyone. lucky me, I did not send bitcoin last month.
Deterring people from using the Bitcoin network could easily be the purpose of the spam.
Some entity is spamming the network with thousands of transactions.
Don't worry, the 1MB anti-spam feature is doing it's job protecting every Bitcoin user now and forever by preventing this entity's spam from bloating the block chain. They know this, will give up soon, and everything will return to normal.
If you need a fast confirmation in the meantime, simply pay a higher fee than the spam.
Don't worry, the 1MB anti-spam feature is doing it's job protecting every Bitcoin user now and forever by preventing this entity's spam from bloating the block chain. They know this, will give up soon, and everything will return to normal.
If you need a fast confirmation in the meantime, simply pay a higher fee than the spam.
good news (about anti-spam feature). at least the problem is processed even it will not be so fast. so it is not a good time to send bitcoin. well I think the spammer has a purpose to do that. I do not know what the purpose is, just be careful anyone. lucky me, I did not send bitcoin last month.
Someone is spamming the network this took me by surprise and I sent a transaction with a fee I though it was OK and it took 14 hours just to get that one confirmation, so if you can avoid doing any transactions and if you cant, send a very generous fee.
33000 unconfirmed transactions! OMG!!
did i miss something? . did something happen lately i don't know about?, i have never seen 33000 unconfirmed transactions, ever.
Yup, it is because of spamming attacking but it was decrease from 33000 become lower, and network of bitcoins will be normal again.did i miss something? . did something happen lately i don't know about?, i have never seen 33000 unconfirmed transactions, ever.
We can check on here https://blockchain.info/unconfirmed-transactions
33000 unconfirmed transactions! OMG!!
did i miss something? . did something happen lately i don't know about?, i have never seen 33000 unconfirmed transactions, ever.
i never seen this too before because i always get normal transaction even people said they got unconfirmed transaction and now i feel it by myself, but maybe it only need time before everything back to normal. like usuallydid i miss something? . did something happen lately i don't know about?, i have never seen 33000 unconfirmed transactions, ever.
Some entity is spamming the network with thousands of transactions.
Don't worry, the 1MB anti-spam feature is doing it's job protecting every Bitcoin user now and forever by preventing this entity's spam from bloating the block chain. They know this, will give up soon, and everything will return to normal.
If you need a fast confirmation in the meantime, simply pay a higher fee than the spam.
Don't worry, the 1MB anti-spam feature is doing it's job protecting every Bitcoin user now and forever by preventing this entity's spam from bloating the block chain. They know this, will give up soon, and everything will return to normal.
If you need a fast confirmation in the meantime, simply pay a higher fee than the spam.
Actually since the bulk of the spam is not mined there is little or no cost to the spammer. On the other hand the nodes end up relaying and storing the spam. The 1 MB blocksize actually encourages this kind of spam attack by limiting the cost in fees to the spammer.
33000 unconfirmed transactions! OMG!!
did i miss something? . did something happen lately i don't know about?, i have never seen 33000 unconfirmed transactions, ever.
i never seen this too before because i always get normal transaction even people said they got unconfirmed transaction and now i feel it by myself, but maybe it only need time before everything back to normal. like usually did i miss something? . did something happen lately i don't know about?, i have never seen 33000 unconfirmed transactions, ever.
I think that the main problem here is that it is not clear HOW MUCH TX to pay in a given moment.
the bar in the qt wallet that set the level of TX fee is not clear at all, if i need to make sure the TX will get through how much should i pay, how do i calculate that, the wallet should solve that problem for us!, but it is not realistic at all the TX setting on it.
the other issue is that miners decided not to vote for segwit AFAIK so it has not been activated, that will probably allow to increase 2x the level of tx that a block can have, not ideal, but a big difference compared with right now.
i had tx in the past stuck for 24 hours but they always get through eventually.
3 hours ago blockchain.info reported 1.6 TX per second, now we are at 0.69 tx per second 
<- Blockchain.info hiccup, not real.
the bar in the qt wallet that set the level of TX fee is not clear at all, if i need to make sure the TX will get through how much should i pay, how do i calculate that, the wallet should solve that problem for us!, but it is not realistic at all the TX setting on it.
the other issue is that miners decided not to vote for segwit AFAIK so it has not been activated, that will probably allow to increase 2x the level of tx that a block can have, not ideal, but a big difference compared with right now.
i had tx in the past stuck for 24 hours but they always get through eventually.
33000 unconfirmed transactions! OMG!!
did i miss something? . did something happen lately i don't know about?, i have never seen 33000 unconfirmed transactions, ever.
Yes that is happen to me when the time i withdraw in trading site almost 2 days my withdraw stuck. And i dont know when it creadit to my wallet very bad happen. That is twice happen to me the one almost 3 days.did i miss something? . did something happen lately i don't know about?, i have never seen 33000 unconfirmed transactions, ever.
Yeah it happens. I remember my transaction before it got 1 confirmation it takes about a day. It was when the block-chain has a problem in their site and there are lots of high priority transactions and those normal ones where stucked unconfirmed.
It is always occurred and don't get surprised. The volume of the demand of btc is inflating that's why a lot of transaction is stocked . It was happened lately and i think this will continue until early next year because this the season where people usually sent money to other relatives and i think btc is popular now in terms of money remittances. That is also the reason why is the btc keep on inflating while a lot of transaction is still unconfirmed
33000 unconfirmed transactions! OMG!!
did i miss something? . did something happen lately i don't know about?, i have never seen 33000 unconfirmed transactions, ever.
Yes that is happen to me when the time i withdraw in trading site almost 2 days my withdraw stuck. And i dont know when it creadit to my wallet very bad happen. That is twice happen to me the one almost 3 days.did i miss something? . did something happen lately i don't know about?, i have never seen 33000 unconfirmed transactions, ever.
Yeah it happens. I remember my transaction before it got 1 confirmation it takes about a day. It was when the block-chain has a problem in their site and there are lots of high priority transactions and those normal ones where stucked unconfirmed.
33000 unconfirmed transactions! OMG!!
did i miss something? . did something happen lately i don't know about?, i have never seen 33000 unconfirmed transactions, ever.
Yes that is happen to me when the time i withdraw in trading site almost 2 days my withdraw stuck. And i dont know when it creadit to my wallet very bad happen. That is twice happen to me the one almost 3 days.did i miss something? . did something happen lately i don't know about?, i have never seen 33000 unconfirmed transactions, ever.
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