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Topic: Confirmations are getting faster ? - page 4. (Read 3061 times)

full member
Activity: 163
Merit: 100
June 14, 2016, 10:12:10 AM
#46
these block speed today really slowing down  Angry so long for 1 conf
sr. member
Activity: 1050
Merit: 252
June 14, 2016, 10:11:28 AM
#45
maybe blockchain has a few number of entry and transactions on the day that you have experienced a fast confirmations . i don't think that the transactions are getting faster maybe you just got luck so you have a transaction that has a few confirmations . and yeah don't take it seriously man .  Grin Grin
legendary
Activity: 2786
Merit: 1031
June 14, 2016, 10:10:01 AM
#44
We cant all fit in to 1mb anymore.


"We" won't be able to fit into 2MB either. Like I said before, your logic involves infinite, unrestrained block growth, which damages decentralisation.

This is a problem that requires careful thought, not the first idea that comes into some amateur's head. If Satoshi had thought like that, he would never have come up with Bitcoin in the first place. Innovation required, not kicking the can down the road.

The possibilities here are not just 1 or infinity, there are a lot of numbers between those two...

But if I get rich without bitcoin actually being used by a lot of people I don't really care, I only have to make 1 transaction, to the exchange. Smiley
hero member
Activity: 812
Merit: 1001
June 14, 2016, 10:06:22 AM
#43
We cant all fit in to 1mb anymore.


"We" won't be able to fit into 2MB either. Like I said before, your logic involves infinite, unrestrained block growth, which damages decentralisation.

This is a problem that requires careful thought, not the first idea that comes into some amateur's head. If Satoshi had thought like that, he would never have come up with Bitcoin in the first place. Innovation required, not kicking the can down the road.

Innovation can be happening while we kick the can down the road.
The two things are not incompatible.

As Franky always say's, You don't seem to be able to see any thing between here and infinity. Strange.
legendary
Activity: 3430
Merit: 3080
June 14, 2016, 10:01:30 AM
#42
We cant all fit in to 1mb anymore.


"We" won't be able to fit into 2MB either. Like I said before, your logic involves infinite, unrestrained block growth, which damages decentralisation.

This is a problem that requires careful thought, not the first idea that comes into some amateur's head. If Satoshi had thought like that, he would never have come up with Bitcoin in the first place. Innovation required, not kicking the can down the road.
hero member
Activity: 812
Merit: 1001
June 14, 2016, 09:57:59 AM
#41

Now 21 fees have moved up. From 50 to 70 sat.
https://bitcoinfees.21.co/

All the 50 sat payers, who paid the recommended fee half an hour ago are now stuck, underpaying.
Spam to you?

You're full of problems, and not interested in credible solutions. Constant negativity only attracts negative people, do try to come up with something more appealing, it's possible someone might even listen to you

I'm not seeing how this increases transaction capacity...

Haven't checked properly but it doesn't. (It cant)
It just helps to out bid other fee payers.
So the cycle goes on.

Hey, have a look here Smiley
I just rolled out these Bitcoin queue real-time charts for fun...

I just saw that earlier. Looks good. (I will try to post my feedback later  Cheesy)
hero member
Activity: 2744
Merit: 541
Campaign Management?"Hhampuz" is the Man
June 14, 2016, 09:54:32 AM
#40
i don't know if it's getting faster or maybe it is just a luck , but last night i received my 0.03 in just 20-25 minutes i don't know what's the exact time . but i think it's not really getting faster because other people are complaining that they have a delayed transactions and it takes an hour before they received their btc  Grin Grin
legendary
Activity: 1946
Merit: 1035
June 14, 2016, 09:52:06 AM
#39
If you pay high enough fee you always have fast confirmations.

BTW network is going shit again, 20 MB unconfirmed transactions:

https://btc.com/

Hey, have a look here Smiley

I just rolled out these Bitcoin queue real-time charts for fun...
legendary
Activity: 2786
Merit: 1031
June 14, 2016, 09:51:37 AM
#38

Now 21 fees have moved up. From 50 to 70 sat.
https://bitcoinfees.21.co/

All the 50 sat payers, who paid the recommended fee half an hour ago are now stuck, underpaying.
Spam to you?

You're full of problems, and not interested in credible solutions. Constant negativity only attracts negative people, do try to come up with something more appealing, it's possible someone might even listen to you

I'm not seeing how this increases transaction capacity...
legendary
Activity: 1848
Merit: 1000
June 14, 2016, 09:51:14 AM
#37
I have had a few that went through super quick and then some others that have taken a bit of time, it all depends on luck and the fee.
hero member
Activity: 812
Merit: 1001
June 14, 2016, 09:48:18 AM
#36

Now 21 fees have moved up. From 50 to 70 sat.
https://bitcoinfees.21.co/

All the 50 sat payers, who paid the recommended fee half an hour ago are now stuck, underpaying.
Spam to you?

You're full of problems, and not interested in credible solutions. Constant negativity only attracts negative people, do try to come up with something more appealing, it's possible someone might even listen to you

Reality. Full of reality.
(i'm very interested in solutions. you ignore my solutions)

Not knocking Mr knight for his efforts for a credible solution but,

All (i think, at a glance) the solution is is to use RBF, then out pay nearly/all other users.
Very complicated. And cannot solve the issue here.
Reccommended fee payers will (can be) out bid.
They in turn can (will have to) out bid the new recommended fee payers.

We cant all fit in to 1mb anymore. Fees can only stop people transacting (prohibitively expensive), they cannot make more block space any other way.
As i said earlier, if Lauda gets into the next block, someone else cannot.

Fees cant change that.
legendary
Activity: 3332
Merit: 1034
Leading Crypto Sports Betting & Casino Platform
June 14, 2016, 09:40:17 AM
#35
Is it me (just luck) or the confirmations are really getting faster ? last time I got transaction confirmed in eight minutes and now in 2 minutes only while I was getting them in like 15-20 minutes.
You are so lucky, but not for me, I must waste a long time only to wait for block confirmation, I'm frustrated to wait for that. take some hour to wait for block confirmation.
legendary
Activity: 3430
Merit: 3080
June 14, 2016, 09:33:12 AM
#34

Now 21 fees have moved up. From 50 to 70 sat.
https://bitcoinfees.21.co/

All the 50 sat payers, who paid the recommended fee half an hour ago are now stuck, underpaying.
Spam to you?

You're full of problems, and not interested in credible solutions. Constant negativity only attracts negative people, do try to come up with something more appealing, it's possible someone might even listen to you
hero member
Activity: 756
Merit: 500
June 14, 2016, 09:30:04 AM
#33
I think you're getting good luck, for some people to confirm about + 15 minutes. I too have experienced anything like you, but I can get it just once in the transaction I do. But it is not a problem, because the Bitcoin is the most profitable currency
hero member
Activity: 1050
Merit: 681
June 14, 2016, 09:26:13 AM
#32
Is it me (just luck) or the confirmations are really getting faster ? last time I got transaction confirmed in eight minutes and now in 2 minutes only while I was getting them in like 15-20 minutes.
you were lucky and nothing else. once i also got 1 confirmation in 30 seconds only. miners mine the block just after you make a transaction so your transaction gets confirmed very faster. it is just a matter of luck.
hero member
Activity: 812
Merit: 1001
June 14, 2016, 09:25:57 AM
#31
What are you talking about? That is not true according to the source that I tend to use:


There's over 40 thousand transaction paying a 1-10 satoshis/byte fee, also known as spam.

That is 21,co, the same site I sourced.

Forget the spam for a minute Lauda. (1 - 10 is not a recommended fee)
I am talking about recommended fee payers.

Screenshot the 50 sat/byte. (8700 transactions at 50)
An hour ago (or less) 50 sat/byte was the recommended fee.
Now all those fee payers, who thought they had paid correctly (cos they did) are at the moment stuck in underpaying limbo.


edit. spelling
legendary
Activity: 3248
Merit: 1070
June 14, 2016, 09:24:45 AM
#30
Its possible... if the transaction number is increasing it is probable that miners are starting to accept every transaction they can get no matter if it has fee or not. the more transactions they process the more the more chances they'll have of earning.

It's not possible. Cant you read?

Miners will not take a zero or very low fee transaction.
(that is the spam Lauda is talking about)
Even if you pay 50 sat/byte you will not get in the next block. (at this moment)


that is expected it has to do with the block limit, no matter what the fee are, even if you pay the correct one, there can not be more than a certain number of tx per block, so the other will remain stuck until the next block or the one after that

there is an heavy queue position right now, it's clearly all due to the limitation, fee matter almost zero here

actually the more tx per day there are the more chances that those that payed correclty will be slower, unless the majority are always the one in the 1-10s/byte range like it happen to be from that source
hero member
Activity: 658
Merit: 500
June 14, 2016, 09:20:47 AM
#29
I do not think, that BTC confirmations times are much faster, can be more than 24 hours or so.  Wink
hero member
Activity: 812
Merit: 1001
June 14, 2016, 09:07:37 AM
#28
Its possible... if the transaction number is increasing it is probable that miners are starting to accept every transaction they can get no matter if it has fee or not. the more transactions they process the more the more chances they'll have of earning.

It's not possible. Cant you read?

Miners will not take a zero or very low fee transaction.
(that is the spam Lauda is talking about)
Even if you pay 50 sat/byte you will not get in the next block. (at this moment)
sr. member
Activity: 854
Merit: 250
June 14, 2016, 09:05:39 AM
#27
Is it me (just luck) or the confirmations are really getting faster ? last time I got transaction confirmed in eight minutes and now in 2 minutes only while I was getting them in like 15-20 minutes.
hmm not really,it seems that it is only you i can't say that my latest confirmations were so fast,hopefully this will change soon.
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