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Topic: Blockchain split of 4 July 2015 - page 12. (Read 45635 times)

legendary
Activity: 1792
Merit: 1111
July 05, 2015, 07:39:53 AM
How do we know if electrum and mycelium servers have been updated?
Some SPV servers were relying on 0.10.x so they were unaffected by the issue, and others were not and were effected. My personal experience with electrum on this incident is that I had a transaction that was sent to me that was showing as unconfirmed for a long time, then all of a sudden it had in excess of 6 confirmations. I am not sure what exact conclusions that I can draw from this except that the particular electrum server that I was connected to at the time was not relying on core 0.10.x as of prior to this indecent.

I also believe that by default, the electrum server that you connect to is random, so it is hard to make the determination if your server is running a "good" version of core or not.

My personal solution is to start a full node, and once the blockchain is downloaded, to run an electrum server that relies on the most recent version of Bitcoin core

The Electrum clients connect to Electrum Servers at random.  However, if you have a favorite you can also default to it.  I do.  I personally like electrum.dragonzone.net and electrum.drollette.com.  Why?  They are always present, and they maintain a limit of 10 000 UTXOs (UTXO = Unspent Transactions Outputs)- which implies they are serious about being reliable Electrum-Servers (requires more computing power, memory and bandwidth to maintain a 10 000 limit, compared to a 100 limit).

Electrum-Servers are operating on pure voluntarily will - they have no incentives to do so.  Higher limits show how committed they are to the SPV Electrum cause.  Please support them by sending them a donation (their BTC donation addresses are usually listed in the console tab).   You can select your favorite server by clicking on the Green dot (bottom right) of your Electrum window - uncheck the automatic selection, and select your favorite server.

Electrum-Servers also have to operate a full Bitcoin-core node - it would be great if they would advertise in their console msg the Bitcoin-core version they are using!

If you have a Trezor, SatoshiLabs  already indicated that their backend node was already updated to the latest version 0.10.2 if you are using their mytrezor.com Chrome interface - see here
Like I said, I am in the process of starting my own electrum server that I know I can personally trust. As of now, I am in the process of downloading the blockchain for my full node, and some level of research needs to be done before I can create my electrum server that relies on my full node (I had found a thread advising how to create an electrum server, however it seems that it either contains some mistake or I am doing something wrong - I am very much a newbie when it comes to linux/ubuntu, so it could easily be either one).
I wonder, if other user think the same as you, and if so, the amount of full nodes will raise in the next days.

Most likely not, my full node with armory and the core is over 100 GB, so its getting intolerably big.

We need reputable, quick acting (no bureocracy) full node people who store the blockchain.

So if a problem like this happens, they can respond in less than 1 day, and fix it. If blockhain.info already fixed their stuff, which is great, they are very quick and anti-bureocratic, i love that Smiley

I'm still seeing discrepancy of .06 btc, so I'm guessing blockchain.info is still working on fixing the database between June 16-23.

This thread is about the bitcoin blockchain, not technical support for blockchain.info wallet. By the way, it is not uncommon for bc.i to provide inaccurate info
legendary
Activity: 2212
Merit: 1038
July 05, 2015, 07:35:58 AM
How do we know if electrum and mycelium servers have been updated?
Some SPV servers were relying on 0.10.x so they were unaffected by the issue, and others were not and were effected. My personal experience with electrum on this incident is that I had a transaction that was sent to me that was showing as unconfirmed for a long time, then all of a sudden it had in excess of 6 confirmations. I am not sure what exact conclusions that I can draw from this except that the particular electrum server that I was connected to at the time was not relying on core 0.10.x as of prior to this indecent.

I also believe that by default, the electrum server that you connect to is random, so it is hard to make the determination if your server is running a "good" version of core or not.

My personal solution is to start a full node, and once the blockchain is downloaded, to run an electrum server that relies on the most recent version of Bitcoin core

The Electrum clients connect to Electrum Servers at random.  However, if you have a favorite you can also default to it.  I do.  I personally like electrum.dragonzone.net and electrum.drollette.com.  Why?  They are always present, and they maintain a limit of 10 000 UTXOs (UTXO = Unspent Transactions Outputs)- which implies they are serious about being reliable Electrum-Servers (requires more computing power, memory and bandwidth to maintain a 10 000 limit, compared to a 100 limit).

Electrum-Servers are operating on pure voluntarily will - they have no incentives to do so.  Higher limits show how committed they are to the SPV Electrum cause.  Please support them by sending them a donation (their BTC donation addresses are usually listed in the console tab).   You can select your favorite server by clicking on the Green dot (bottom right) of your Electrum window - uncheck the automatic selection, and select your favorite server.

Electrum-Servers also have to operate a full Bitcoin-core node - it would be great if they would advertise in their console msg the Bitcoin-core version they are using!

If you have a Trezor, SatoshiLabs  already indicated that their backend node was already updated to the latest version 0.10.2 if you are using their mytrezor.com Chrome interface - see here
Like I said, I am in the process of starting my own electrum server that I know I can personally trust. As of now, I am in the process of downloading the blockchain for my full node, and some level of research needs to be done before I can create my electrum server that relies on my full node (I had found a thread advising how to create an electrum server, however it seems that it either contains some mistake or I am doing something wrong - I am very much a newbie when it comes to linux/ubuntu, so it could easily be either one).
I wonder, if other user think the same as you, and if so, the amount of full nodes will raise in the next days.

Most likely not, my full node with armory and the core is over 100 GB, so its getting intolerably big.

We need reputable, quick acting (no bureocracy) full node people who store the blockchain.

So if a problem like this happens, they can respond in less than 1 day, and fix it. If blockhain.info already fixed their stuff, which is great, they are very quick and anti-bureocratic, i love that Smiley

I'm still seeing a discrepancy of .06 btc, so I'm guessing blockchain.info is still working on fixing the database between June 16-23.
hero member
Activity: 909
Merit: 506
July 05, 2015, 07:29:01 AM
hey, i'd like to help bitcoin and setup electrum full node, i have 4GB-RAM 4GBvRAM VPS is it capable to run full node with 10k history limit?
Any guide or help welcome for ubuntu 12.04
That should help
https://github.com/spesmilo/electrum-server/blob/master/HOWTO.md

How much disk space to you have?



i have currently 50 GB free out of 100, is it enough?

edit. i can free up or request more space anytime
legendary
Activity: 2156
Merit: 1393
You lead and I'll watch you walk away.
July 05, 2015, 07:23:58 AM
Can someone advice me if this split would affect the price of bitcoin anyhow? If yes how?

The "split" like you call it, was resolved by the network 6 blocks after it happened - which shows how resilient (or anti-fragile) the Bitcoin network has become.  Regarding the price of bitcoin, please go to the speculation section of the forum.


It requires manual intervention, so anti fragile my ass!
Also where is the 6 blocks figure from? Your ass?
It just requires you to keep your software up to date.
It's like having a website and complain to be hacked, just because you didn't install security patches.
Do you also want the dev team to wipe your ass?

ElectricMucus is right, it's not anti-fragile at all unless you think the Bitcoin fairies are magically keeping everything patched and updated for your downloading enjoyment. Someone has to monitor the system like a 24hr a day security guard. Nothing is automated. Every version of Bitcoin core after 0.9.5 can detect invalid blocks. Web wallets, SPV wallets and core 0.9.4 and earlier are still vulnerable to double spending. They need to wait 30 confirmations to be safe. That's the complete opposite of anti-fragile. That's more like fucked-in-a-hand-basket. I can't go to a store that uses SPV devices and buy something because I'll need to sleep there overnight to wait for my money to clear. What would you do if you were in a restaurant with family and pulled out your debit card to pay and the cashier told you to wait for a few hours because your bank is having a problem. I'd shit bricks. I'd close every account I had at that bank immediately and talk shit about them to anyone that would listen for the rest of my life.
hero member
Activity: 854
Merit: 1009
JAYCE DESIGNS - http://bit.ly/1tmgIwK
July 05, 2015, 07:20:30 AM
How do we know if electrum and mycelium servers have been updated?
Some SPV servers were relying on 0.10.x so they were unaffected by the issue, and others were not and were effected. My personal experience with electrum on this incident is that I had a transaction that was sent to me that was showing as unconfirmed for a long time, then all of a sudden it had in excess of 6 confirmations. I am not sure what exact conclusions that I can draw from this except that the particular electrum server that I was connected to at the time was not relying on core 0.10.x as of prior to this indecent.

I also believe that by default, the electrum server that you connect to is random, so it is hard to make the determination if your server is running a "good" version of core or not.

My personal solution is to start a full node, and once the blockchain is downloaded, to run an electrum server that relies on the most recent version of Bitcoin core

The Electrum clients connect to Electrum Servers at random.  However, if you have a favorite you can also default to it.  I do.  I personally like electrum.dragonzone.net and electrum.drollette.com.  Why?  They are always present, and they maintain a limit of 10 000 UTXOs (UTXO = Unspent Transactions Outputs)- which implies they are serious about being reliable Electrum-Servers (requires more computing power, memory and bandwidth to maintain a 10 000 limit, compared to a 100 limit).

Electrum-Servers are operating on pure voluntarily will - they have no incentives to do so.  Higher limits show how committed they are to the SPV Electrum cause.  Please support them by sending them a donation (their BTC donation addresses are usually listed in the console tab).   You can select your favorite server by clicking on the Green dot (bottom right) of your Electrum window - uncheck the automatic selection, and select your favorite server.

Electrum-Servers also have to operate a full Bitcoin-core node - it would be great if they would advertise in their console msg the Bitcoin-core version they are using!

If you have a Trezor, SatoshiLabs  already indicated that their backend node was already updated to the latest version 0.10.2 if you are using their mytrezor.com Chrome interface - see here
Like I said, I am in the process of starting my own electrum server that I know I can personally trust. As of now, I am in the process of downloading the blockchain for my full node, and some level of research needs to be done before I can create my electrum server that relies on my full node (I had found a thread advising how to create an electrum server, however it seems that it either contains some mistake or I am doing something wrong - I am very much a newbie when it comes to linux/ubuntu, so it could easily be either one).
I wonder, if other user think the same as you, and if so, the amount of full nodes will raise in the next days.

Most likely not, my full node with armory and the core is over 100 GB, so its getting intolerably big.

We need reputable, quick acting (no bureocracy) full node people who store the blockchain.

So if a problem like this happens, they can respond in less than 1 day, and fix it. If blockhain.info already fixed their stuff, which is great, they are very quick and anti-bureocratic, i love that Smiley
legendary
Activity: 3948
Merit: 3191
Leave no FUD unchallenged
July 05, 2015, 07:12:56 AM
Can someone advice me if this split would affect the price of bitcoin anyhow? If yes how?

The "split" like you call it, was resolved by the network 6 blocks after it happened - which shows how resilient (or anti-fragile) the Bitcoin network has become.  Regarding the price of bitcoin, please go to the speculation section of the forum.


It requires manual intervention, so anti fragile my ass!
Also where is the 6 blocks figure from? Your ass?
It just requires you to keep your software up to date.
It's like having a website and complain to be hacked, just because you didn't install security patches.
Do you also want the dev team to wipe your ass?

No supporter of a website, web-server software or any other type of Internet appliance makes stupid claims like being "anti-fragile", "backed my math" or "secured by the laws of the universe" though.

Maybe some of those claims are stretched a little far, but in fairness, they're only said in response to the myth that Bitcoin isn't backed by anything.  In truth, it's backed by human beings and human beings have a natural propensity to be able to screw up anything at any time.  There's really no such thing as "anti-fragile" where people are involved.  Some miners screwed up here, paid the price for it and hopefully it's a lesson learned, but we'll have to wait and see.
legendary
Activity: 1666
Merit: 1057
Marketing manager - GO MP
July 05, 2015, 06:52:59 AM
Can someone advice me if this split would affect the price of bitcoin anyhow? If yes how?

The "split" like you call it, was resolved by the network 6 blocks after it happened - which shows how resilient (or anti-fragile) the Bitcoin network has become.  Regarding the price of bitcoin, please go to the speculation section of the forum.


It requires manual intervention, so anti fragile my ass!
Also where is the 6 blocks figure from? Your ass?
It just requires you to keep your software up to date.
It's like having a website and complain to be hacked, just because you didn't install security patches.
Do you also want the dev team to wipe your ass?

No supporter of a website, web-server software or any other type of Internet appliance makes stupid claims like being "anti-fragile", "backed my math" or "secured by the laws of the universe" though.
hero member
Activity: 714
Merit: 500
July 05, 2015, 06:52:45 AM
hey, i'd like to help bitcoin and setup electrum full node, i have 4GB-RAM 4GBvRAM VPS is it capable to run full node with 10k history limit?
Any guide or help welcome for ubuntu 12.04
That should help
https://github.com/spesmilo/electrum-server/blob/master/HOWTO.md

How much disk space to you have?

hero member
Activity: 909
Merit: 506
July 05, 2015, 06:28:33 AM
hey, i'd like to help bitcoin and setup electrum full node, i have 4GB-RAM 4GBvRAM VPS is it capable to run full node with 10k history limit?
Any guide or help welcome for ubuntu 12.04
legendary
Activity: 2212
Merit: 1038
July 05, 2015, 06:14:12 AM
Can somebody from blockchain.info explain what happened between June 16th and the 23rd, there's a .06 difference between my mycelium hot wallet and what blockchain.info says my address has. The payout amounts and date/times are also different.

I'm running core 0.10 and mycelium's servers are running 0.10 On the 28th I saw the notice that 51% of users were running v14 of p2pool and switched. v14 has had the top link to blockchain.info removed so I'm not the only one seeing this.

did somebody mine a v3 block on the 16th before the 4th of July?

My payout was 200% of normal as my miner was being especially lucky. After I upgraded to v14 it had dropped to 50%. (It's back to normal now)

The conspiracy part of my brain thinks the 1% group forced my luck down but the only option to do that was by screwing everybody else in the process.

Use the test-net next time, black hat FUDsters.
legendary
Activity: 1778
Merit: 1043
#Free market
July 05, 2015, 05:47:22 AM
Can someone advice me if this split would affect the price of bitcoin anyhow? If yes how?

As you can see, the price wasn't affected by it at all.

Can someone advice me if this split would affect the price of bitcoin anyhow? If yes how?

The "split" like you call it, was resolved by the network 6 blocks after it happened - which shows how resilient (or anti-fragile) the Bitcoin network has become.  Regarding the price of bitcoin, please go to the speculation section of the forum.


On the other hand, it also shows that the system still has errors that can happen.
Don't get me wrong,i am glad that the "issue" was resolved, but i find that it shouldn't have happened in the first place.

cheers
Good to see that the price wasn't affected, but I guess it would have plunged down if the issue would have taken a day or two to resolve.
Also, in this kinda tech, issues will surely arise, you cannot expect them not to happen.


Why the price should be affected? The 'era' of bug or forked chain(s) that can affect the price doesn't exist anymore... it is only a pure speculation Wink.
hero member
Activity: 714
Merit: 500
July 05, 2015, 05:44:21 AM
Can someone advice me if this split would affect the price of bitcoin anyhow? If yes how?

The "split" like you call it, was resolved by the network 6 blocks after it happened - which shows how resilient (or anti-fragile) the Bitcoin network has become.  Regarding the price of bitcoin, please go to the speculation section of the forum.


It requires manual intervention, so anti fragile my ass!
Also where is the 6 blocks figure from? Your ass?
It just requires you to keep your software up to date.
It's like having a website and complain to be hacked, just because you didn't install security patches.
Do you also want the dev team to wipe your ass?
legendary
Activity: 1184
Merit: 1013
July 05, 2015, 05:27:59 AM
Can someone advice me if this split would affect the price of bitcoin anyhow? If yes how?

As you can see, the price wasn't affected by it at all.

Can someone advice me if this split would affect the price of bitcoin anyhow? If yes how?

The "split" like you call it, was resolved by the network 6 blocks after it happened - which shows how resilient (or anti-fragile) the Bitcoin network has become.  Regarding the price of bitcoin, please go to the speculation section of the forum.


On the other hand, it also shows that the system still has errors that can happen.
Don't get me wrong,i am glad that the "issue" was resolved, but i find that it shouldn't have happened in the first place.

cheers
Good to see that the price wasn't affected, but I guess it would have plunged down if the issue would have taken a day or two to resolve.
Also, in this kinda tech, issues will surely arise, you cannot expect them not to happen.
hero member
Activity: 826
Merit: 1000
see my profile
July 05, 2015, 05:03:50 AM
Is it conceivable to add a service network which announces "block XYZ was invalid"?

A service that miners could subscribe to;
or organize themselves, even on one of their machines only?

Could make sense if those instances are rare.

Then SPV miners start hashing with what they assume (but not check) is a valid block,
and when a few seconds later an "invalid block" alert is broadcast, they simply restart.

Possible? Wrong approach? Then sorry - I do not understand enough of this yet.

But the other thing ... miners deliberately mining empty blocks, that sounds ruthless, no?
hero member
Activity: 714
Merit: 500
July 05, 2015, 04:05:34 AM
How do we know if electrum and mycelium servers have been updated?
Some SPV servers were relying on 0.10.x so they were unaffected by the issue, and others were not and were effected. My personal experience with electrum on this incident is that I had a transaction that was sent to me that was showing as unconfirmed for a long time, then all of a sudden it had in excess of 6 confirmations. I am not sure what exact conclusions that I can draw from this except that the particular electrum server that I was connected to at the time was not relying on core 0.10.x as of prior to this indecent.

I also believe that by default, the electrum server that you connect to is random, so it is hard to make the determination if your server is running a "good" version of core or not.

My personal solution is to start a full node, and once the blockchain is downloaded, to run an electrum server that relies on the most recent version of Bitcoin core

The Electrum clients connect to Electrum Servers at random.  However, if you have a favorite you can also default to it.  I do.  I personally like electrum.dragonzone.net and electrum.drollette.com.  Why?  They are always present, and they maintain a limit of 10 000 UTXOs (UTXO = Unspent Transactions Outputs)- which implies they are serious about being reliable Electrum-Servers (requires more computing power, memory and bandwidth to maintain a 10 000 limit, compared to a 100 limit).

Electrum-Servers are operating on pure voluntarily will - they have no incentives to do so.  Higher limits show how committed they are to the SPV Electrum cause.  Please support them by sending them a donation (their BTC donation addresses are usually listed in the console tab).   You can select your favorite server by clicking on the Green dot (bottom right) of your Electrum window - uncheck the automatic selection, and select your favorite server.

Electrum-Servers also have to operate a full Bitcoin-core node - it would be great if they would advertise in their console msg the Bitcoin-core version they are using!

If you have a Trezor, SatoshiLabs  already indicated that their backend node was already updated to the latest version 0.10.2 if you are using their mytrezor.com Chrome interface - see here
Like I said, I am in the process of starting my own electrum server that I know I can personally trust. As of now, I am in the process of downloading the blockchain for my full node, and some level of research needs to be done before I can create my electrum server that relies on my full node (I had found a thread advising how to create an electrum server, however it seems that it either contains some mistake or I am doing something wrong - I am very much a newbie when it comes to linux/ubuntu, so it could easily be either one).
I wonder, if other user think the same as you, and if so, the amount of full nodes will raise in the next days.
hero member
Activity: 854
Merit: 1009
JAYCE DESIGNS - http://bit.ly/1tmgIwK
July 05, 2015, 03:46:33 AM
Is it possible that a successful fork could increase confidence in the Bitcoin infrastructure, thereby causing incentive to buy more?

You mean that despite a glitch, fork, the network continued on the right chain? I don't think this would matter too much. For the media to explain this it would be too complicated and for existing bitcoin users only matters a little. Maybe gives a bit of confidence, but also points out issues.

Yep i agree the media always spins things, but this time this is way above the laymen terms, they cant even do a report on this because its so tech-savy that the average tv watcher person will just switch to another channel watching soap operas instead.
sr. member
Activity: 476
Merit: 251
July 05, 2015, 02:48:32 AM
Is it possible that a successful fork could increase confidence in the Bitcoin infrastructure, thereby causing incentive to buy more?

You mean that despite a glitch, fork, the network continued on the right chain? I don't think this would matter too much. For the media to explain this it would be too complicated and for existing bitcoin users only matters a little. Maybe gives a bit of confidence, but also points out issues.
legendary
Activity: 3248
Merit: 1070
July 05, 2015, 02:18:54 AM
My wallet is with blockchain.Info. if I am expecting an incoming transaction does this still apply?

Are you talking about certain types of transactions from unknown sources? 

every transaction was affected, but was regarding old version of core, 0.1 should be safe, blockchain info should be reliable

like it was said if you do not trust any source simply wait 30 confs
sr. member
Activity: 434
Merit: 250
Loose lips sink sigs!
July 05, 2015, 02:13:36 AM
Is it possible that a successful fork could increase confidence in the Bitcoin infrastructure, thereby causing incentive to buy more?
hero member
Activity: 700
Merit: 500
July 05, 2015, 02:05:27 AM
Can someone advice me if this split would affect the price of bitcoin anyhow? If yes how?

The "split" like you call it, was resolved by the network 6 blocks after it happened - which shows how resilient (or anti-fragile) the Bitcoin network has become.  Regarding the price of bitcoin, please go to the speculation section of the forum.


That's good to hear I read July 4 Fork and was a bit concerned that something happened there
I'm glad to hear its been sorted out.
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