aaaand here we go again - page 4. | Bitcointalksearch.org

pooya87

legendary

Activity: 3472

Merit: 10611

Quote from: Slark on April 13, 2017, 10:56:37 PM

Quote from: jonald_fyookball on April 13, 2017, 09:01:50 PM

Today's congestion brought to you by 1-meg Greg and all the Blockstream superfriends. Go team!

At times like now I don't believe that this is natural to have over 70k unconfirmed tx, bitcoin network is under another spam attack.
Realistically you can blame all involved parties for this problem, as both Bitcoin Unlimited and Core are to blame for stagnating the solution.

... or miners.
you know that they are the ones taking the most out of this situation.
no so long ago, without the spam attack, the total fee they earned was less than 0.5BTC and now it has gone up to 1.5BTC (3x increase) which means 3x more profit aka ~$1200 more free money.

Slark

legendary

Activity: 1862

Merit: 1004

Quote from: jonald_fyookball on April 13, 2017, 09:01:50 PM

Today's congestion brought to you by 1-meg Greg and all the Blockstream superfriends. Go team!

At times like now I don't believe that this is natural to have over 70k unconfirmed tx, bitcoin network is under another spam attack.
Realistically you can blame all involved parties for this problem, as both Bitcoin Unlimited and Core are to blame for stagnating the solution.

Dorky

sr. member

Activity: 392

Merit: 250

Best IoT Platform Based on Blockchain

Quote from: jonald_fyookball on April 13, 2017, 10:08:06 PM

Raising the blocksize is the obvious simple move (literally 1 line of code), and it was the Satoshi's plan from the beginning.
Miners all favored it, but it was Core who blocked that with their influence, and then came out with segwit which is
literally 5000 times more complex (5000 lines of code).

You decide who is at fault.

That means Core rulezzzzz..... and miners not.

jonald_fyookball

legendary

Activity: 1302

Merit: 1008

Core dev leaves me neg feedback #abuse #political

Quote from: Wind_FURY on April 13, 2017, 09:42:42 PM

It can be seen as also the miners' fault. Core does not have all the power to change everything. They have a proposal, it is Segwit. It is clear that the support behind it is not enough, then why blame everything to them? The miners are also at fault here. I have a feeling they want everything to stay as is so that they enjoy more profit if the fees remain high.

It could also be them who is spamming the network. Spend a little in fees to get a little profit in fees.

Imagine two mechanics own an autobody shop and there's a car that needs an oil change.
One guy wants to do it the simple way: drain the old oil, and pour in the new oil.
The other mechanic says "no no, we can't do it that way, we might spill some oil,
so we're going to do a fancy engineering project that will cost 5000x as much.
It will involve dissassembling the car, building a separate garage, its going to
take 2 years, but that's my plan." If the mechanics disagree, who's fault is it?

Raising the blocksize is the obvious simple move (literally 1 line of code), and it was the Satoshi's plan from the beginning.
Miners all favored it, but it was Core who blocked that with their influence, and then came out with segwit which is
literally 5000 times more complex (5000 lines of code).

You decide who is at fault.

The Sceptical Chymist

legendary

Activity: 3528

Merit: 7005

Top Crypto Casino

Yeah, my sig campaign earnings have been stuck in the network all day, but luckily I'm not standing in line at Starbucks paying for my coffee with bitcoin. Ugh.

This is why bitcoin sucks as money, and it's kind of hard to deny if you're honest. Nobody in their right mind would switch from fiat to bitcoin.

Geronimomo

newbie

Activity: 7

Merit: 0

Seg-wit barely kicks the can down the road. It's not a real scaling solution.

Wind_FURY

legendary

Activity: 2898

Merit: 1823

It can be seen as also the miners' fault. Core does not have all the power to change everything. They have a proposal, it is Segwit. It is clear that the support behind it is not enough, then why blame everything to them? The miners are also at fault here. I have a feeling they want everything to stay as is so that they enjoy more profit if the fees remain high.

It could also be them who is spamming the network. Spend a little in fees to get a little profit in fees.

jonald_fyookball

legendary

Activity: 1302

Merit: 1008

Core dev leaves me neg feedback #abuse #political

almost 70k unconfirms in the mempool.

https://blockchain.info/unconfirmed-transactions

Today's congestion brought to you by 1-meg Greg and all the Blockstream superfriends. Go team!

Topic: aaaand here we go again - page 4. (Read 3752 times)