For now, it seems as thought the Blockstream and Sidechains are more important than the functionality of the Bitcoin protocol.
Topic: All new blocks are just about filled: It's time to raise the block size (Read 517 times)
November 05, 2015, 01:42:51 AM
The closest it has come at it's peak was 75% from full capacity. The problem is not with the block size, it is just that the miners are grabbing the transactions with the highest fees, and the rest has to wait. I am also frustrated with the stalling of the block size increase, because I think we should be ready before the full capacity are reached, not when it happens.
For now, it seems as thought the Blockstream and Sidechains are more important than the functionality of the Bitcoin protocol.
For now, it seems as thought the Blockstream and Sidechains are more important than the functionality of the Bitcoin protocol.
November 04, 2015, 11:45:07 PM
We had over 200,000 transactions on November second. This is stress test levels.
November 04, 2015, 11:26:57 PM
Something will have to be done, and the answer lies either on sidechains or on the block size increase, because pure paying of the higher fee in order
for your transaction to get confirm in a timely fashion pushes transaction with lower fee further down the queue, and i still would like for bitcoin to remain
cheap fee solution like it was intended to be.
for your transaction to get confirm in a timely fashion pushes transaction with lower fee further down the queue, and i still would like for bitcoin to remain
cheap fee solution like it was intended to be.
November 04, 2015, 10:23:46 PM
1mb isn't enough for the # of daily transactions occurring. Head over to blockchain.info, just about all the new blocks found are at the 1mb cap. People are waiting too long for transactions.
The price is increasing by a ridiculous amount daily. With this increase of price comes the absurd amount of transactions occurring.
Please Bitcoin devs: Reach a consensus soon to increase the block size, it is long overdue.
The price is increasing by a ridiculous amount daily. With this increase of price comes the absurd amount of transactions occurring.
Please Bitcoin devs: Reach a consensus soon to increase the block size, it is long overdue.
I've been moving money in and out of my exchange account all day and haven't had any issue.
Maybe it's worth to ask if the people complaining are paying a reasonable fee?
November 04, 2015, 10:00:53 PM
1mb isn't enough for the # of daily transactions occurring. Head over to blockchain.info, just about all the new blocks found are at the 1mb cap. People are waiting too long for transactions.
The price is increasing by a ridiculous amount daily. With this increase of price comes the absurd amount of transactions occurring.
Please Bitcoin devs: Reach a consensus soon to increase the block size, it is long overdue.
The price is increasing by a ridiculous amount daily. With this increase of price comes the absurd amount of transactions occurring.
Please Bitcoin devs: Reach a consensus soon to increase the block size, it is long overdue.
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