60,000 Unconfirmed transaction and counting - page 3.

Sundark

hero member

Activity: 560

Merit: 502

Quote from: Sadlife on April 14, 2017, 10:54:36 PM

Clearly it's a spam attack were multiple request is being sent to server and the server itself can't handle it.
This is why the reason we need to implement Segwit i guess the blocksize debate is related to this event maybe this is payback for the recent BU network attack and the miners arw gaining profit from it.

Then we must upgrade main bitcoin server. Cheesy

Blocksize is totally irrevelant because bigger blocks will be spammed with ease.
Only better server will help us. Will you please donate your bitcoins for a new server to this bitcoin address: 1ihav3n0id3ah0wb1tc0inw0rks ?

cryptoanarchist

legendary

Activity: 1120

Merit: 1003

Quote from: Sadlife on April 14, 2017, 10:54:36 PM

Clearly it's a spam attack were multiple request is being sent to server and the server itself can't handle it.
This is why the reason we need to implement Segwit i guess the blocksize debate is related to this event maybe this is payback for the recent BU network attack and the miners arw gaining profit from it.

Dude, please read up on how bitcoin works before making yourself look this ignorant.

Sadlife

sr. member

Activity: 1400

Merit: 269

Clearly it's a spam attack were multiple request is being sent to server and the server itself can't handle it.
This is why the reason we need to implement Segwit i guess the blocksize debate is related to this event maybe this is payback for the recent BU network attack and the miners arw gaining profit from it.

warwar

hero member

Activity: 798

Merit: 505

This numbers of unconfirmed transactions is being common and frequently happening in this days in blockchain network.Due to smaller blocks i think thats why there are big numbers of transctions that are unconfirmed.This is happening almost everyweek now in the network.

coin-investor

hero member

Activity: 3024

Merit: 614

Leading Crypto Sports Betting & Casino Platform

Quote from: Slark on April 14, 2017, 08:57:45 PM

Quote from: EthSports on April 14, 2017, 05:02:48 PM

This is why bitcoin won't ever handle as many transactions as VISA...Eth is way faster

Bitcoin purpose is not to beat VISA transactions capacity - AFAIK Visa can process up to 8000 tx per second.
Tell me - which altcoin can do the same?

Bitcoin is new way to free your from the VISA, Banks, middlemen and parasitocracy of the old system.
Do you really want to complain about that BTC is not better than centralized payment system?

I'm not complaining either I'm glad that I'm free from middlemen who will restrict my account up to 180 days if they think I have unusual activity in my account but those transactions lag should be address to make everything fine and smoothly and bitcoin adoption continous

gentlemand

legendary

Activity: 2604

Merit: 3056

Welt Am Draht

Quote from: EthSports on April 14, 2017, 05:02:48 PM

This is why bitcoin won't ever handle as many transactions as VISA...Eth is way faster

And anyone who sold it to you on that basis needs slapping upside the head. It might be conceivable with huge advances but it certainly won't happen as is. And there already is a wonderful payment system that can do this. It's called Visa.

OROBTC

legendary

Activity: 2968

Merit: 1895

Quote from: HongKong on April 14, 2017, 08:48:17 PM

I've been trying to accelerate my transactions with the Transaction Accelerator from the website called viabtc.com, they work pretty well. The transactions that I've made were confirmed within 24 hours and I can't really complain on the type of speed that it has because I have a feeling that if I didn't use that then my Bitcoins would be within limbo like everything other transaction on Bitcoins Blockchain.
I think that this website is the only one out there right now though.

I just ran a pair of transactions through ViaBTC's acceleration service, which I have used with success quite a few times.

Both attempts were good ("Acceleration succeeded"). Now we will see how long it takes for the confirmations to actually happen. I put both in by 10:10 PM (US ET). As of now, there are about 29,800 unconfirmeds, so we'll see.

Slark

legendary

Activity: 1862

Merit: 1004

Quote from: EthSports on April 14, 2017, 05:02:48 PM

This is why bitcoin won't ever handle as many transactions as VISA...Eth is way faster

Bitcoin purpose is not to beat VISA's transactions capacity - AFAIK Visa can process up to 8000 tx per second.
Tell me - which altcoin can do the same or better?

Bitcoin is a new way to free you from the VISA, Banks, middlemen and parasitocracy of the old system.
Do you really want to complain about that BTC is not better than centralized payment system?

HongKong

hero member

Activity: 812

Merit: 500

I've been trying to accelerate my transactions with the Transaction Accelerator from the website called viabtc.com, they work pretty well. The transactions that I've made were confirmed within 24 hours and I can't really complain on the type of speed that it has because I have a feeling that if I didn't use that then my Bitcoins would be within limbo like everything other transaction on Bitcoins Blockchain.
I think that this website is the only one out there right now though.

BADecker

legendary

Activity: 3990

Merit: 1385

Down to well under half of what it was this morning. Cool

sdp

sr. member

Activity: 470

Merit: 281

Segwit solves tx malleability. Its hard enough to get merchants to accept bitcoin when it works. If instead we start again with hundreds of altcoins, it is a harder sell. Maybe there is a soft layer we could add, like a multichain wallet that shows value in fiat and spends using a non congested chain at random.

There is a very nice litecoin wallet for Android that is apparently peer to peer.

sdp

cryptoanarchist

legendary

Activity: 1120

Merit: 1003

Quote from: gentlemand on April 14, 2017, 07:23:53 PM

So much hashrate controlled by one little fella...

Yes, Valery Vavilov. Pretty ironic that the Latvian is more of a commie than the asian.

lottery248

legendary

Activity: 1582

Merit: 1006

beware of your keys.

IIRC the another contributing factor of leading to 60.000+ unconfirmed transactions is because the problem of the bitcoin mixing, you know bitcoin laundering requires a lot of addresses and transactions each other.

KennyR

hero member

Activity: 2310

Merit: 532

DGbet.fun - Crypto Sportsbook

By the time of BU rise it's found that more than 90,000 transactions stuck on the network. Same as that now once again a big number has stuck on the network. This is surely a spam attack, because everything is going goodand there's nothing as a issueto contribute and cause it.

The One

legendary

Activity: 924

Merit: 1000

Quote from: cryptoanarchist on April 14, 2017, 11:44:16 AM

And skip the malleability argument because I've already seen plenty of easier ways to deal with that.

Such as.

gentlemand

legendary

Activity: 2604

Merit: 3056

Welt Am Draht

Quote from: cryptoanarchist on April 14, 2017, 10:01:08 AM

LAST 1000 BLOCKS:

Bitcoin Unlimited blocks: 369 ( 36.9% )
Bitcoin Classic blocks: 4 ( 0.4% )
SegWit blocks: 279 ( 27.9% )

Bitcoin holders want bigger blocks: https://vote.bitcoin.com/arguments/block-size-limit-should-be-increased-to-8-mb-as-soon-as-possible

Miners and holders both want bigger blocks, and the TXs are backlogged. Core can raise the block size or cease to be relevant. Take your pick, Maxwell.

So much hashrate controlled by one little fella and a poll on a site controlled by one of his special friends. Sounds objective.

And I'm with the spam theory. To go from very little to creaking backlog in no time at all when there's absolutely no reason points to the simplest explanation.

The One

legendary

Activity: 924

Merit: 1000

Quote from: franky1 on April 14, 2017, 10:58:51 AM

CORE removed the priority fee - no free tx if matured (meaning the every block/hourly spammer vs mature holder pay the same)
CORE removed the reactive fee - meaning it doesnt drop as soon as there is no demand
CORE added average fee - meaning it stays up based on the last 25+ block average fee
CORE stopped doing the usual lower the dust limit amount by a decimal when the price rises 10x (was 5000sat at $6 should be 50sat dust max)
CORE added more rules to reject relaying tx's unless certain fee is included

core literally removed all the coding things and just screamed "just pay more"..

so dont blame the pools.

In which version did the Core do all this? How did this happen and did anyone protest back then? How come it was stopped?

Kemarit

legendary

Activity: 3080

Merit: 1353

Quote from: BitFinnese on April 14, 2017, 05:00:24 PM

This is just 60k it will went thru eventually, I have seen more than 100k unconfirmed transaction and network still goes on, no delay on my transaction as long as I pay the right fee. This maybe an attack but who knows, maybe Bitcoin is getting that much adoption that unconfirmed transaction pile up. Larger Blocksize or Segwit, just get on the upgrade so we can have a better user experience.

This is definitely an attack on the bitcoin. This has happened in the past and have come at the same time as when the news of another hardfork is looming again. And this attack cannot be overlook. Who is behind this? Well your guess is as good as mine. hehehe

. And I'm pretty sure that many has left scratching their heads just who is really behind these. One must question who will benefit in this sorts of attacks. So I guess, we will just have to let it pass and see what damaged has done in the bitcoin ecosystem.

mr.mister

full member

Activity: 302

Merit: 100

Quote from: susila_bai on April 14, 2017, 05:08:19 PM

Quote from: EthSports on April 14, 2017, 05:02:48 PM

This is why bitcoin won't ever handle as many transactions as VISA...Eth is way faster

This is not a big problem it is just false spam attack created by the coders so that bitcoin network and miners get pressure to implement segwit or other solution. which is not needed

Yes, it is needed. obviously you know nothing about the blockchain.

susila_bai

hero member

Activity: 1260

Merit: 524

Quote from: EthSports on April 14, 2017, 05:02:48 PM

This is why bitcoin won't ever handle as many transactions as VISA...Eth is way faster

This is not a big problem it is just false spam attack created by the coders so that bitcoin network and miners get pressure to implement segwit or other solution. which is not needed

Topic: 60,000 Unconfirmed transaction and counting - page 3. (Read 4350 times)