Are solo miners affected? I mean, those who use bitcoind and their own ASIC devices, at the usual or standard set up.
If, for example, I had maybe 100 TH/s of mining equipment, and I decide to go do solo or p2pool ...
Topic: Blocks are [not] full. What's the plan? - page 10. (Read 14283 times)
I think maybe pools should advertise a "guaranteed to process given available space" fee level? Lots of people may prefer to pay quite a bit more than being kept in the unknown, which is infuriating.
The min fee (0.1 mBTC per kB) should be fine. Comparing the memory pool to recent blocks almost all paying tx are included in the next block. The issue is more people creating tx w/ unconfirmed inputs and people creating tx w/ no fee (and any fee < 0.1 mBTC is considered no fee). Still pools DO need to start making blocks large. 150KB (0.3 tps) isn't going to cut it. Bitcoin growth is essentially halted until pools start expanding block size.
I figure that creating fee tiers may help improving the user experience for many, and help motivating the miners to create large blocks as well(the about 7 U.S cents min fee is embarrassingly low, in the sense that you don't even dare to call it a service you paid for and I can't figure out what people are up to when they choose to pay lower), but such policies are guaranteed to create an uproar in a community where many takes everything free for granted.
I think maybe pools should advertise a "guaranteed to process given available space" fee level? Lots of people may prefer to pay quite a bit more than being kept in the unknown, which is infuriating.
The min fee (0.1 mBTC per kB) should be fine. Comparing the memory pool to recent blocks almost all paying tx are included in the next block. The issue is more people creating tx w/ unconfirmed inputs and people creating tx w/ no fee (and any fee < 0.1 mBTC is considered no fee). Still pools DO need to start making blocks large. 150KB (0.3 tps) isn't going to cut it. Bitcoin growth is essentially halted until pools start expanding block size.
I think maybe pools should advertise a "guaranteed to process given available space" fee level? Lots of people may prefer to pay quite a bit more than being kept in the unknown, which is infuriating.
Include a higher than required transaction fee, and your transaction will go through.
The title of this thread is wrong and misleading. Please change it. I thought it was something interesting and new and it is not. Thanks.
Just two points, I don't think that < 0.01 bitcoins is a micropayment. At $600-$700 per bitcoin, that is $6-7. Perhaps < 0.0001 might be a micropayment though (6-7 cents), but even that perhaps might be an order of magnitude too high. :-)
Regarding block being filed, D&T makes a good point.
Regarding block being filed, D&T makes a good point.
Devs can solve that.
People didn't want it to change...
And this is what might destroy bitcoin.
People didn't want it to change...
And this is what might destroy bitcoin.
Blocks are not full. Pools can already create 1MB blocks they simply don't. Devs can't "solve" that. Complain to your favorite pool to increase the block size they target.
blocks are full NOW
there are already other threads about this
https://bitcointalksearch.org/topic/transactions-coming-from-blockchaininfo-taking-forever-to-confirm-lately-339257
https://bitcointalksearch.org/topic/transactions-wait-longer-but-pools-generate-small-blocks-338999
https://bitcointalksearch.org/topic/transaction-queue-backed-up-why-the-pool-limit-under-1mb-338793
https://bitcointalksearch.org/topic/pools-please-rais-blocksize-limit-338452
most pools create 250kb blocks only
please do something!!!
> release bitcoin 0.8.6, remove stupid -blockmaxsize
> transactions > 0.01 BTC are processed before transactions < 0.01 BTC
tell people to not send transactions < 0.01 BTC, bitcoin is not ready for micro payments yet
> transactions not confirmed after 12 hours are removed from mempools automatically
> after 12 hours there must be a cancel/overwrite mechanism
at least tell people/merchants what to do if they have never confirming transactions
massive unconfirmed transactions are coming!!!
I know you devs are busy selling coins, but you owe the community solving this problem at least, before buying your ferrari.
there are already other threads about this
https://bitcointalksearch.org/topic/transactions-coming-from-blockchaininfo-taking-forever-to-confirm-lately-339257
https://bitcointalksearch.org/topic/transactions-wait-longer-but-pools-generate-small-blocks-338999
https://bitcointalksearch.org/topic/transaction-queue-backed-up-why-the-pool-limit-under-1mb-338793
https://bitcointalksearch.org/topic/pools-please-rais-blocksize-limit-338452
most pools create 250kb blocks only
please do something!!!
> release bitcoin 0.8.6, remove stupid -blockmaxsize
> transactions > 0.01 BTC are processed before transactions < 0.01 BTC
tell people to not send transactions < 0.01 BTC, bitcoin is not ready for micro payments yet
> transactions not confirmed after 12 hours are removed from mempools automatically
> after 12 hours there must be a cancel/overwrite mechanism
at least tell people/merchants what to do if they have never confirming transactions
massive unconfirmed transactions are coming!!!
I know you devs are busy selling coins, but you owe the community solving this problem at least, before buying your ferrari.
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