The article is correct, but only in that we will have to increase fees time and time again to get around the limitation.
One of the beauties of Bitcoin is the low cost, we don't want companies coming in and paying far higher fees, meaning we have to too.
I have no problem with the standard fees, but once we get up to 10mBTC or so, it will be expensive to move money around and a big negative for spending.
Topic: A fork or something goin on???? Im confused ... help.... (Read 930 times)
No worries, nothing is wrong on your side. Every node can set their own rules and reject transactions based on fee or size.
http://statoshi.info/dashboard/db/transactions has 52000 tx in their mempool now.
http://bitcoinexchangerate.org/fees has 54000 tx (165 MB) in their mempool.
https://tradeblock.com/blockchain has 75000 tx (75 MB) in their mempool.
For example, if you search TxID e42c85be0bd251e7e4cbdc28669e16857123fd432b86d88bf8b3e2835d236eb0 on bc.i, it shows:
"Transaction rejected by our node. Reason: The Maximum Very Small Outputs Low Fee Exceeded (3)".
But the tx can be found on tradeblock.
http://statoshi.info/dashboard/db/transactions has 52000 tx in their mempool now.
http://bitcoinexchangerate.org/fees has 54000 tx (165 MB) in their mempool.
https://tradeblock.com/blockchain has 75000 tx (75 MB) in their mempool.
For example, if you search TxID e42c85be0bd251e7e4cbdc28669e16857123fd432b86d88bf8b3e2835d236eb0 on bc.i, it shows:
"Transaction rejected by our node. Reason: The Maximum Very Small Outputs Low Fee Exceeded (3)".
But the tx can be found on tradeblock.
My bitcoin-qt(core) 10.2 'getmempoolinfo' is showing this:
{
"size" : 51797,
"bytes" : 148624412
}
While blockchain.info & statoshi is showing only 23k tx / 60MB
Whats going on exactly?
My bitcoin-qt is caught up in blocks, both(blockchain & bitcoinqt) show same block height
{
"size" : 51797,
"bytes" : 148624412
}
While blockchain.info & statoshi is showing only 23k tx / 60MB
Whats going on exactly?
My bitcoin-qt is caught up in blocks, both(blockchain & bitcoinqt) show same block height
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