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Topic: Confirming the unconfirmed transactions. (Read 1358 times)

sr. member
Activity: 296
Merit: 250
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May 29, 2017, 09:31:45 AM
#34
Let say I'm an individual that want to help the bitcoin transaction ecosystem.

Is there any way I could do so to help bitcoin users to accelerate the process to reduce in any way the maximum block height ?

There is for sure the segwit that seem to work for a couple other cryptocurrencies, and a centralised project called bitcoin unlimited that could benefit a precise pack of people around it.

Is there any other cases that I could do as a regular user, passionated by Bitcoin and every other cryptocurrencies, to help and move upward ?

Thank you

I quess that you don`t understand how the blockchain works.
Bitcoin unlimited is not the solution,it`s a part of the problem.
Deleting all the very small spammy transactions is the only solution for me.
There is no way to know which transactions are spam and which are normal transactions, so that wouldn't work even if someone wanted to try it. It seems like you don't understand how blockchain works as well. By raising the block cap with bitcoin unlimited we would get 8 times more space in every single block, thus the confirmations would be 8 times quicker what would require less fees from the senders.

However, if you want to speed up the process of implementing segwit what you could actually do is run your node with supporting uasf activation. With it people wouldn't need any miners, thus the blocks wouldn't be constantly full and you wouldn't need to pay big fees
sr. member
Activity: 484
Merit: 250
Let say I'm an individual that want to help the bitcoin transaction ecosystem.

Is there any way I could do so to help bitcoin users to accelerate the process to reduce in any way the maximum block height ?

There is for sure the segwit that seem to work for a couple other cryptocurrencies, and a centralised project called bitcoin unlimited that could benefit a precise pack of people around it.

Is there any other cases that I could do as a regular user, passionated by Bitcoin and every other cryptocurrencies, to help and move upward ?

Thank you

A silly question here, you do not even understand it, so you can not help anyone. Instead of looking for ways to handle transactions quickly, you should pay a higher fee for transactions; in addition, a stingy person who always pays a low fee does not deserve help.
sr. member
Activity: 686
Merit: 253
What's wrong if send a transaction before confirmation, it's to support bitcoin scaling

He's not saying there's something wrong with it but as a community we all want faster confirmations and that's the only way that Bitcoin can be used on a daily or regular basis.
full member
Activity: 168
Merit: 100
What's wrong if send a transaction before confirmation, it's to support bitcoin scaling
sr. member
Activity: 711
Merit: 250
Thank you very much for your time and arguments. I've learned some interesting stuff.
member
Activity: 77
Merit: 10
I'm not that well oriented technically, but overall, unless you are a big mining company like VIABTC and mining multiple block per day then it wouldn't work. You can solo mine but of course finding a block and including TX's in it and that is very unlikely considering the total network hash-power, and even that will just help once.
newbie
Activity: 56
Merit: 0
The current system doesn't offer any method like that as far as I know, if you are a miner you can accelerate particular tx's when you mine a block and include these, however as an individual user with regular hash rate, there isn't much that can be done.
legendary
Activity: 2464
Merit: 1039
Bitcoin Trader
I think it's a good idea considering also a lot of spam transactions that meet the bitcoin transaction network, hope everyone can also get their deals on quick confirmation in the future
hero member
Activity: 2604
Merit: 961
fly or die
I was sceptical about Bitcoin being a currency and not just a commodity like gold, but now I have no doubt about it. I have several BTCs in limbo. I made several transactions with no problem, less than an hour, then I made some others a few hours later, with a bigger fee, and they have been stuck for 30 hours.

I can send money from my French bank accounts to anywhere in Europe for free and it takes one day, sometimes only a few hours.

I'm not asking BTC transactions to be free but the cost should be minimal and the speed fast, or it will never catch on as a currency.
full member
Activity: 230
Merit: 100
Right now I do not want any delays in being confirmed in a transaction,
A faster transaction unless he is a network developer.
legendary
Activity: 1162
Merit: 1000
The only way I can think to help people get their transactions faster is get in contact with some mining pool and offer them money in exchange of confirmation using whatever criteria you have. Won't be cheap and still the block size, so the number of transactions in a single block, would not change.

As a common user only thing I can think about is don't send unnecessary transactions for now.
sr. member
Activity: 484
Merit: 250
At present, 2mb segwit is considered the best way to solve this problem. Larger volumes along with decentralization will allow for fast, low-cost, high-security transactions.

Do you really think that SegWit is a permanent solution? 2MB may be OK now, but after a few months, when the userbase expands further it is again going to face the same issue. Perhaps we should increase the block size to 8MB or make it unlimited.
Can not be, we can increase the size, but it should be limited. Unlimited size will be like a poison killing bitcoin. It will come up with many holes, bitcoin is no longer secure, and it crashed.
sr. member
Activity: 462
Merit: 250
At present, 2mb segwit is considered the best way to solve this problem. Larger volumes along with decentralization will allow for fast, low-cost, high-security transactions.

Do you really think that SegWit is a permanent solution? 2MB may be OK now, but after a few months, when the userbase expands further it is again going to face the same issue. Perhaps we should increase the block size to 8MB or make it unlimited.

No, we should not go too far, think of the nearest solution, the block size is too large at this point is not really good.
hero member
Activity: 994
Merit: 544
Let say I'm an individual that want to help the bitcoin transaction ecosystem.

Is there any way I could do so to help bitcoin users to accelerate the process to reduce in any way the maximum block height ?

There is for sure the segwit that seem to work for a couple other cryptocurrencies, and a centralised project called bitcoin unlimited that could benefit a precise pack of people around it.

Is there any other cases that I could do as a regular user, passionated by Bitcoin and every other cryptocurrencies, to help and move upward ?

Thank you
If you want to help in the bitcoin transaction ecosystem then you must purchase a bitcoin mining rig. As long as the blocksize is not increased we need more powerful miners to confirm the transactions. If the demand for transaction cannot be coped up by the current hashpower then we will have a pending transaction in the mempool. Thus is you want to help bitcoin transaction system you establish and build a mining farm.
hero member
Activity: 3192
Merit: 939
Let say I'm an individual that want to help the bitcoin transaction ecosystem.

Is there any way I could do so to help bitcoin users to accelerate the process to reduce in any way the maximum block height ?

There is for sure the segwit that seem to work for a couple other cryptocurrencies, and a centralised project called bitcoin unlimited that could benefit a precise pack of people around it.

Is there any other cases that I could do as a regular user, passionated by Bitcoin and every other cryptocurrencies, to help and move upward ?

Thank you

I quess that you don`t understand how the blockchain works.
Bitcoin unlimited is not the solution,it`s a part of the problem.
Deleting all the very small spammy transactions is the only solution for me.
legendary
Activity: 3542
Merit: 1965
Leading Crypto Sports Betting & Casino Platform
Pay higher fees to get it confirmed more quickly...

This is the worst advice you can give to people. Only miners will give people that kind of advice, because they profit from this scaling problem. < swimming in high miners fees > If I had the power and the money, I would get rid of the whole bunch and fund massive decentralized mining alternatives to counter their greed.

To answer your question OP, I think running a full node and joining a pool that supports a realistic scaling solution will help at this moment. ^grrrrrrrr^
legendary
Activity: 3248
Merit: 1070
there is reply by fee option but you need to download a patch, i always thought you can use the "abandon transaction" which is build in core, but it's not possible if not in the mempool to use this, and zapwallettxes -rescan also probably won't be accepted by the network and create issues

my two transactions are still stuck there 92690b02403237b8681b7e9804fddb6e82f6ebcdde68cf355673f184449e6d81 17d5403074cda1822ee1622555824529a37454f471293de927569683b0b00a3a

well you paid less than 1/3 of recommended fee and that is why these are stuck. and as for RBF you need to contentiously rebroadcast the new transaction if you have a full node so that when the old transaction is dropped the new one is picked up in its place.

and if you have trouble with core and replace by fee see this:
Quote
Bitcoin Core

Bitcoin Core makes making Full RBF transactions very easy. Simply go to the transactions list, right click the transaction that is stuck, and choose the "Abandon Transaction" option.

If that option is greyed out, then you must restart Bitcoin Core with the -walletbroadcast=0 option and then you should be able to use "Abandon Transaction".

If the above two options fail for some reason, then you can start Bitcoin Core with the -zapwallettxes option to clear all unconfirmed transactions from your wallet.

Once the transaction is either Abandoned or cleared from the wallet, you can simply go to the Send tab and send the Bitcoin again but make sure that you include a sufficient transaction fee.

i didn't know about this command -walletbroadcast=0, but still the abandon transaction thing is greyed out, the transaction is not eligible for that command, and -zapwallettxes require to download again the whole blockchain i can't use it

there isn't somethign else in prune mode that can give you the possibility to send again your transaction?
legendary
Activity: 2114
Merit: 1023
Oikos.cash | Decentralized Finance on Tron
best way of confirm is just paying the fees.. 50 Cents USD can get you fast times.. 30 mins usually Cheesy

Not anymore, I have a transaction stuck where I still paid DOUBLE THE ADVANCED fee requested nearly 2 bucks for a 0.022 BTC transaction and it's been stuck for 6 days. I think the pools and miners are just holding our BTC to ransom and at this rate I will lose confidence in Bitcoin and use other ways to get my money out if the greedy miners don't let go of my funds. Bitcoin as supposed to be known for fast transactions, not holding onto MY MONEY for days on end, not knowing if I will ever receive it.
sr. member
Activity: 711
Merit: 250
A lot of Pro and Cons, I like it.

True that Segwit 2mb blocks would help, but it could be a temporary solution, as unlimited is not necessary.

Segwit could help a lot, but once 2mb blocks will face the same situation we are facing now...Can we do another segwit to 4mb and etc in the years after ?

Your thoughs
legendary
Activity: 1134
Merit: 1010
BTC to the moon is inevitable...
there is reply by fee option but you need to download a patch, i always thought you can use the "abandon transaction" which is build in core, but it's not possible if not in the mempool to use this, and zapwallettxes -rescan also probably won't be accepted by the network and create issues

my two transactions are still stuck there 92690b02403237b8681b7e9804fddb6e82f6ebcdde68cf355673f184449e6d81 17d5403074cda1822ee1622555824529a37454f471293de927569683b0b00a3a

well you paid less than 1/3 of recommended fee and that is why these are stuck. and as for RBF you need to contentiously rebroadcast the new transaction if you have a full node so that when the old transaction is dropped the new one is picked up in its place.

and if you have trouble with core and replace by fee see this:
Quote
Bitcoin Core

Bitcoin Core makes making Full RBF transactions very easy. Simply go to the transactions list, right click the transaction that is stuck, and choose the "Abandon Transaction" option.

If that option is greyed out, then you must restart Bitcoin Core with the -walletbroadcast=0 option and then you should be able to use "Abandon Transaction".

If the above two options fail for some reason, then you can start Bitcoin Core with the -zapwallettxes option to clear all unconfirmed transactions from your wallet.

Once the transaction is either Abandoned or cleared from the wallet, you can simply go to the Send tab and send the Bitcoin again but make sure that you include a sufficient transaction fee.
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