Can you explain what happened to transactions that were recorded in the unintentional hard fork, which failed?
Invalid, went back to original address.
Only if they are not in the correct fork
Topic: Blockchain split of 4 July 2015 - page 15. (Read 45591 times)
Invalid, went back to original address.
Only if they are not in the correct fork
Its safe as long as you wait for 30 confirmations on the BTC you are buying just in case. When buying, don't give the guy the money until 30 confirmations.
Thanks for the reply, I am buying on local bitcoins, so I need to send money first ( to escrow ) they keep it there for like 70min's and I get the coins, hope everthing will go well..
Can you explain what happened to transactions that were recorded in the unintentional hard fork, which failed?
Invalid, went back to original address.
Won't that be tons of years into the future ?
I think it'll just take another 2-3 halvings before miners won't be able to ignore the value of including transactions. Unfortunately, the days of the hobbyist miner are over. Large mining farms value short-term profit over blockchain health. Satoshi's halving schedule was a little too conservative.
2-3 halvings? I think that as early as next halving 50 BTC >> 25 BTC the 'miners' will change their actual tactic and start to accept everything without any insane rules
. 
Can you explain what happened to transactions that were recorded in the unintentional hard fork, which failed?
Its safe as long as you wait for 30 confirmations on the BTC you are buying just in case. When buying, don't give the guy the money until 30 confirmations.
Hi there,
Can someone tell me is it safe to accept and send BTC now, I am purchasing on localBitcoins now, and need to send them later today as a payment to another person..Is it safe to buy now and send to another person, what is this notice I have in my client "node software out of date"..Is it safe to trade now ?
Can someone tell me is it safe to accept and send BTC now, I am purchasing on localBitcoins now, and need to send them later today as a payment to another person..Is it safe to buy now and send to another person, what is this notice I have in my client "node software out of date"..Is it safe to trade now ?
Won't that be tons of years into the future ?
I think it'll just take another 2-3 halvings before miners won't be able to ignore the value of including transactions. Unfortunately, the days of the hobbyist miner are over. Large mining farms value short-term profit over blockchain health. Satoshi's halving schedule was a little too conservative.
Did blockchain.info updated their stuff? If not then please PM me when they do i need to send a transaction, but i`m scared to do it at the moment.
Also do bitcoin in safe storage compromized? I mean do i have to create a new address, are private keys compromized because of this?
Also do bitcoin in safe storage compromized? I mean do i have to create a new address, are private keys compromized because of this?
Its safe to send. If anything its the receiver that needs to wait for 30+ confirmations to ensure that he will retain the bitcoin.
Only the guy who controls the private keys of the address can double spend right?
Also excuse me for my noobness, but i`m not a tech person. How is it safe to send when blockchain.info hasnt updated their client, what if they send that bitcoin to the wrong blockchain, those coins are lost then arent they?
How long until we only need to wait for 1-6 Confirmations instead of 30 ? (i'm using a Trezor)
so the spilt of fork is happening today, good away to celebrate independes day well for those in the U.S actually, it would be so nice to actually make some income from a node one day yea, time frame wise a decade .
Did blockchain.info updated their stuff? If not then please PM me when they do i need to send a transaction, but i`m scared to do it at the moment.
Also do bitcoin in safe storage compromized? I mean do i have to create a new address, are private keys compromized because of this?
Also do bitcoin in safe storage compromized? I mean do i have to create a new address, are private keys compromized because of this?
Its safe to send. If anything its the receiver that needs to wait for 30+ confirmations to ensure that he will retain the bitcoin.
Only the guy who controls the private keys of the address can double spend right?
Also excuse me for my noobness, but i`m not a tech person. How is it safe to send when blockchain.info hasnt updated their client, what if they send that bitcoin to the wrong blockchain, those coins are lost then arent they?
I'm looking forward to the day when mining income is derived mostly from including transactions. Miners/pools who create empty blocks on purpose are bad for the blockchain.
I'm looking forward to the day when income can be made by running a full node.
Did blockchain.info updated their stuff? If not then please PM me when they do i need to send a transaction, but i`m scared to do it at the moment.
Also do bitcoin in safe storage compromized? I mean do i have to create a new address, are private keys compromized because of this?
Also do bitcoin in safe storage compromized? I mean do i have to create a new address, are private keys compromized because of this?
Its safe to send. If anything its the receiver that needs to wait for 30+ confirmations to ensure that he will retain the bitcoin.
Did blockchain.info updated their stuff? If not then please PM me when they do i need to send a transaction, but i`m scared to do it at the moment.
Also do bitcoin in safe storage compromized? I mean do i have to create a new address, are private keys compromized because of this?
Also do bitcoin in safe storage compromized? I mean do i have to create a new address, are private keys compromized because of this?
Woah, glad I checked in the forums this morning. Thanks so much for the heads up!
This forum is still one of the best places for getting fast heads up on stuff like this! Also good that they highlight it at the top of the forums.
Noticed that today too. But what would happen if forum goes down like last month? That is the reason I had to change my password because of this notice(highlighted) at the top too.
So the Chines miners are creating invalid blocks but smart phone wallets and even website wallets can't tell they are invalid?
Knew the chins would ruin this somehow. Over doing it on mining now, like spoiled fruit. 
I'm looking forward to the day when mining income is derived mostly from including transactions. Miners/pools who create empty blocks on purpose are bad for the blockchain.
By creating problematic 0tx blocks (and reminding us that scaling Bitcoin isn't as simple as bloating a sanity-check constant), miners force the devs to invent better solutions. Et voilà, anti-fragile!
I'm looking forward to the day when mining income is derived mostly from including transactions. Miners/pools who create empty blocks on purpose are bad for the blockchain.
Won't that be tons of years into the future ?
I'm looking forward to the day when mining income is derived mostly from including transactions. Miners/pools who create empty blocks on purpose are bad for the blockchain.
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