All-time transaction record was just hit

cgpgroup

full member

Activity: 140

Merit: 100

Quote from: sunnankar on June 05, 2012, 05:58:29 PM

Quote from: cgpgroup on May 14, 2012, 01:27:50 AM

I dont know why you guys are scratching your heads.... its all the free coins I am giving away at http://mycryptcoin.com/. paying out 5000 times the usual payout to every 1000th request for free coins.

For some reason your Google Ads are not showing up. Are you sure they are working correctly? I thought I might see something worth clicking on to buy.

Damn you google! oh well take the free bitcoins and run... lol try again today http://mycryptcoin.com/

DeathAndTaxes

donator

Activity: 1218

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Gerald Davis

The nice thing is that estimated tx volume (blockchain best guess to remove "change") is also solidly on the rise:
http://blockchain.info/charts/estimated-transaction-volume?timespan=180days&showDataPoints=false&daysAverageString=1&show_header=true&scale=0&address=

Stephen Gornick

legendary

Activity: 2506

Merit: 1010

Quote from: Stephen Gornick on June 04, 2012, 10:01:15 PM

Just blew away the previous record by about 10% - 46,684 Transactions, according to:
- http://blockchain.info/charts/n-transactions?timespan=all

The hits keep coming!

Another record, 59,786 Transactions -- about 28% higher than the previous record from about a week ago. Count as returned by:
- http://blockchain.info/charts/n-transactions?timespan=all

datafish

donator

Activity: 129

Merit: 100

Swimming in a sea of data

Quote from: Stephen Gornick on June 04, 2012, 10:01:15 PM

Quote from: Stephen Gornick on May 07, 2012, 09:01:46 PM

Ya, so how about a new record, 25% higher than the previous record a few days ago.

18,555 transactions in 24 hours.

Just blew away the previous record by about 10% - 46,684 Transactions, according to:
- http://blockchain.info/charts/n-transactions?timespan=all

The obsolete little Dell GX260 with a single-core processor and 512 MB memory that I run a node with that I paid all of $35 for is still keeping up just fine. Bandwidth requirements seem to be peaking out at around 400 kbits/sec.

sunnankar

legendary

Activity: 1031

Merit: 1000

Quote from: cgpgroup on May 14, 2012, 01:27:50 AM

I dont know why you guys are scratching your heads.... its all the free coins I am giving away at http://mycryptcoin.com/. paying out 5000 times the usual payout to every 1000th request for free coins.

For some reason your Google Ads are not showing up. Are you sure they are working correctly? I thought I might see something worth clicking on to buy.

cypherdoc

legendary

Activity: 1764

Merit: 1002

Quote from: cytokine on June 04, 2012, 10:33:36 PM

Quote from: cypherdoc on May 03, 2012, 10:39:30 PM

Bitcoin looks alot healthier than this:

Smells just like Japan in the late 80's-present

cytokine

donator

Activity: 224

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Quote from: cypherdoc on May 03, 2012, 10:39:30 PM

Bitcoin looks alot healthier than this:

Smells just like Japan in the late 80's...

cypherdoc

legendary

Activity: 1764

Merit: 1002

Quote from: Stephen Gornick on June 04, 2012, 10:01:15 PM

Quote from: Stephen Gornick on May 07, 2012, 09:01:46 PM

Ya, so how about a new record, 25% higher than the previous record a few days ago.

18,555 transactions in 24 hours.

Just blew away the previous record by about 10% - 46,684 Transactions, according to:
- http://blockchain.info/charts/n-transactions?timespan=all

such a beautiful sight.

Stephen Gornick

legendary

Activity: 2506

Merit: 1010

Quote from: Stephen Gornick on May 07, 2012, 09:01:46 PM

Ya, so how about a new record, 25% higher than the previous record a few days ago.

18,555 transactions in 24 hours.

Just blew away the previous record by about 10% - 46,684 Transactions, according to:
- http://blockchain.info/charts/n-transactions?timespan=all

cgpgroup

full member

Activity: 140

Merit: 100

I dont know why you guys are scratching your heads.... its all the free coins I am giving away at http://mycryptcoin.com/. paying out 5000 times the usual payout to every 1000th request for free coins.

Desolator

sr. member

Activity: 392

Merit: 250

Quote from: bpd on May 03, 2012, 10:34:21 PM

Isn't there a 1000-txn per block limit in place? Seems like satoshidice could cause that to be hit very quickly.

from satoshidice.coM: Step 2 The Ghost of Satoshi will roll the dice and pick a Lucky Number!

Well, he's The One so he can violate the laws of physics inside the matrix and do more transactions than that in a block lol. So if they want to, allegedly, take up 600+ transactions then no biggie, rofl.

now if you're all like "oh good, some forum nut being all nutty and nutting it up again," perhaps you should read their own 1st paragraph at http://satoshidice.com/bits.php

Tongue

Stephen Gornick

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Activity: 2506

Merit: 1010

Quote from: etotheipi on May 12, 2012, 11:23:12 PM

Just for reference (sorry Stephen), I started doing my own stats on SatoshiDice.com using Armory's blockchain tools.

Thank you, yours is much more comprehensive!

Quote from: etotheipi on May 12, 2012, 11:23:12 PM

In fact, SatoshiDice.com has lost money so far...

A casino that pays out more than it takes in.

They must plan to make up for it with volume.

But, that would explain why it is so popular.

The missing payouts are a concern though. Hoping to learn the reason for that, and also to learn if there have been attacks that have been double spending (clawing back losing wagers, for instance) or what might explain the losses being experienced.

etotheipi

legendary

Activity: 1428

Merit: 1093

Core Armory Developer

Just for reference (sorry Stephen), I started doing my own stats on SatoshiDice.com using Armory's blockchain tools. It appears that 1% of transactions are not returned, but even without those the stats look fairly reasonable so far. In fact, SatoshiDice.com has lost money so far...

The latest data (as of this post) is copied below, but I'm updating this thread daily.

Quote

Results: 2012-May-12 10:59pm

Address Target Should Win | #Bets | Win | Lose | Refunds | Accounted-for
----------------------------------------------------------------------------------------------------------------------
1dice1e6p 1 0.00002 | 2439 | 0 (0.00000) | 2346 (1.00000) | 92 (0.03922) | (1.000)
1dice1Qf4 2 0.00003 | 106 | 0 (0.00000) | 88 (1.00000) | 16 (0.18182) | (0.981)
1dice2pxm 4 0.00006 | 643 | 0 (0.00000) | 631 (1.00000) | 10 (0.01585) | (0.997)
1dice2vQo 8 0.00012 | 85 | 0 (0.00000) | 71 (1.00000) | 12 (0.16901) | (0.976)
1dice2WmR 16 0.00024 | 83 | 0 (0.00000) | 73 (1.00000) | 7 (0.09589) | (0.964)
1dice2xkj 32 0.00049 | 62 | 0 (0.00000) | 54 (1.00000) | 5 (0.09259) | (0.952)
1dice2zdo 64 0.00098 | 312 | 0 (0.00000) | 302 (1.00000) | 7 (0.02318) | (0.990)
1dice37Ee 128 0.00195 | 590 | 0 (0.00000) | 583 (1.00000) | 2 (0.00343) | (0.992)
1dice3jkp 256 0.00391 | 96 | 1 (0.01163) | 85 (0.98837) | 4 (0.04651) | (0.938)
1dice4J1m 512 0.00781 | 359 | 3 (0.00847) | 351 (0.99153) | 1 (0.00282) | (0.989)
1dice5wwE 1000 0.01526 | 441 | 7 (0.01602) | 430 (0.98398) | 0 (0.00000) | (0.991)
1dice61SN 1500 0.02289 | 266 | 5 (0.01901) | 258 (0.98099) | 0 (0.00000) | (0.989)
1dice6DPt 2000 0.03052 | 317 | 8 (0.02556) | 305 (0.97444) | 1 (0.00319) | (0.991)
1dice6gJg 3000 0.04578 | 275 | 11 (0.04059) | 260 (0.95941) | 0 (0.00000) | (0.985)
1dice6GV5 4000 0.06104 | 265 | 11 (0.04198) | 251 (0.95802) | 0 (0.00000) | (0.989)
1dice6wBx 6000 0.09155 | 537 | 45 (0.08491) | 485 (0.91509) | 1 (0.00189) | (0.989)
1dice6YgE 8000 0.12207 | 720 | 94 (0.13128) | 622 (0.86872) | 0 (0.00000) | (0.994)
1dice7EYz 12000 0.18311 | 1065 | 214 (0.20170) | 847 (0.79830) | 0 (0.00000) | (0.996)
1dice7fUk 16000 0.24414 | 1395 | 321 (0.23094) | 1069 (0.76906) | 1 (0.00072) | (0.997)
1dice7W2A 24000 0.36621 | 3881 | 1506 (0.39026) | 2353 (0.60974) | 2 (0.00052) | (0.995)
1dice8EMZ 32000 0.48828 | 14008 | 6812 (0.48975) | 7097 (0.51025) | 10 (0.00072) | (0.994)
1dice97EC 32768 0.50000 | 12134 | 5852 (0.49555) | 5957 (0.50445) | 11 (0.00093) | (0.974)
1dice9wcM 48000 0.73242 | 5844 | 4229 (0.72851) | 1576 (0.27149) | 8 (0.00138) | (0.995)
1dice9wVt 64000 0.97656 | 1497 | 1454 (0.97912) | 31 (0.02088) | 7 (0.00471) | (0.997)
----------------------------------------------------------------------------------------------------------------------
| 47420 |

----------------------------------------------------------------------------------------------------------------------
Total Bets Made: 47420
Cumulative Wagers: 18277.28493525 BTC
Cumulative Rewards: 18336.91450091 BTC
Cumulative Fees Paid: 23.58400000 BTC
Cumulative Unreturned: 76.44369013 BTC
----
SatoshiDice Profit/Loss: -83.21356566 BTC

Stephen Gornick

legendary

Activity: 2506

Merit: 1010

Quote from: FreeMoney on May 05, 2012, 02:56:16 PM

Holy crap. In 8 months Seals has done 7398 transactions.

SatoshiDice appears to be doing more than that every 24 hours.
- http://www.SatoshiDice.com

Updated:

Here are some totals for these addresses:

Wager BTC Trxs lessthan 1 11 4,660 lessthan 2 1 163 lessthan 4 1 1,176 lessthan 8 1 94 lessthan 16 2 128 lessthan 32 2 86 lessthan 64 8 411 lessthan 128 45 1,051 lessthan 256 14 101 lessthan 512 15 462 lessthan 1000 22 458 lessthan 1500 22 291 lessthan 2000 31 246 lessthan 3000 49 283 lessthan 4000 42 274 lessthan 6000 125 585 lessthan 8000 65 720 lessthan 12000 93 907 lessthan 16000 250 1,912 lessthan 24000 1,538 4,520 lessthan 32000 2,003 12,238 lessthan 32768 2,121 8,237 lessthan 48000 2,382 6,156 lessthan 64000 1,285 2,194 Total BTCs wagered: 10,128 BTC Total number of wagers (transactions): 47,353 Total transactions on the blockchain: 94,706 (*) Average wager: 0.21 BTC

* Roughly this number.
Overcounts when more than one wager was sent per transaction.

Stephen Gornick

legendary

Activity: 2506

Merit: 1010

Ya, so how about a new record, 25% higher than the previous record a few days ago.

18,555 transactions in 24 hours.

- http://blockchain.info/charts/n-transactions

FreeMoney

legendary

Activity: 1246

Merit: 1015

Strength in numbers

Quote from: Stephen Gornick on May 04, 2012, 01:30:27 AM

Here are some totals for these addresses:

Wager BTC Trxs lessthan 1 8 2768 lessthan 2 0 104 lessthan 4 1 1126 lessthan 8 1 56 lessthan 16 1 82 lessthan 32 1 44 lessthan 64 5 160 lessthan 128 40 260 lessthan 256 3 42 lessthan 512 9 278 lessthan 1000 8 248 lessthan 1500 3 64 lessthan 2000 10 152 lessthan 3000 14 98 lessthan 4000 10 142 lessthan 6000 20 266 lessthan 8000 41 570 lessthan 12000 69 478 lessthan 16000 157 1458 lessthan 24000 719 1602 lessthan 32000 537 3897 lessthan 32768 1,018 4004 lessthan 48000 468 2387 lessthan 64000 245 790

Total BTCs wagered: 3,387 BTC
Total number of wagers (transactions): 21,076
Total transactions on the blockchain: 42,152
Average wager: 0.16 BTC

Holy crap. In 8 months Seals has done 7398 transactions.

randomproof

member

Activity: 61

Merit: 10

1) One transaction can actually contain many real transactions. Look at how most mining pools pay-out. One input to many outputs.

2) Wouldn't a large number of transactions increase the changes of messing with the merkle-tree hash?

MarketNeutral

sr. member

Activity: 406

Merit: 252

Quote from: highlevelminer on May 03, 2012, 11:44:10 PM

Lol looks like mining is no longer profitable.

Nice info theymos

Are you telling me I should shut down my cpu rig? Never! Grin

Stephen Gornick

legendary

Activity: 2506

Merit: 1010

Here are some totals for these addresses:

Wager BTC Trxs lessthan 1 8 2768 lessthan 2 0 104 lessthan 4 1 1126 lessthan 8 1 56 lessthan 16 1 82 lessthan 32 1 44 lessthan 64 5 160 lessthan 128 40 260 lessthan 256 3 42 lessthan 512 9 278 lessthan 1000 8 248 lessthan 1500 3 64 lessthan 2000 10 152 lessthan 3000 14 98 lessthan 4000 10 142 lessthan 6000 20 266 lessthan 8000 41 570 lessthan 12000 69 478 lessthan 16000 157 1458 lessthan 24000 719 1602 lessthan 32000 537 3897 lessthan 32768 1,018 4004 lessthan 48000 468 2387 lessthan 64000 245 790

Total BTCs wagered: 3,387 BTC
Total number of wagers (transactions): 21,076
Total transactions on the blockchain: 42,152
Average wager: 0.16 BTC

highlevelminer

newbie

Activity: 42

Merit: 0

Lol looks like mining is no longer profitable.

Nice info theymos

Topic: All-time transaction record was just hit (Read 8893 times)