Topic: Devs faking Statistics? (Read 822 times)

Seems Electrum to be the best option right now if don't want to use online wallet. If do not want any delay. Spent more on fee.

+1

The transaction's confirmed now.

https://blockchain.info/tx/d1948980d9b968de591c9b2ade202cddc89357430f7ae18c6175e70b0a5a0c24

To prevent the same problem recurring in the future install the electrum wallet and use the instructions in this quote to configure it to pay dynamic fees.

There is a very frightening amount of users who do believe that there is some entity that is able to change the network at will, or they don't know how fees work, in the recent week or two. It's not good for the forum at all because I have been seeing a lot of these users spreading misinformation and that's not going to reflect well when a new users comes here (if at all) and they see constant conflicting information.

Electrum

there shuld be option to setup fee by byte cost current system is unaceptable to me.
I choose fee and i agable how much I will pay per byte.
I can see how much it will be only when i hit send button and see that on blockchain.
WHere can i setup byte price manually ?

As you can see at https://www.pscp.tv/TheButterZone/1kvJpQdnogOxE & https://www.pscp.tv/TheButterZone/1MnxnanrmLEJO if you submit to ViaBTC at exactly xx:00:00 it works then.

If you are not aware of the blockchain.info wallet then you must know about that because it was one of the first web wallet that was available and it is not just a random block explorer like the rest. @OP it looks like your transaction is still pending and it will get rejected and send once again and i hope they have increased the fees.

It is not safe to accept the unconfirmed transaction, first time I hear that they operate in this way. If node stop to rebroadcast your transaction it should dissapear after like 72hours from the memepool, and you won't see it as unconfirmed transaction anymore.

2nd thing that can be done is double spend, if a user send 2 transactions : one transaction goes first with low fees and after some time user broadcast new transaction with higher fee to some other address. Transaction with the higher fee will go through leaving the first transaction with lower fee to just disappear.

Thats why it is advised to wait for at least 1confirmation, in case of bigger sums of money need to wait like 3-9confirmations.


Well your best bet is to try viabtc every hour, there are paid accumulators but  i like viabtc as it is free one, so when I need to I use them.

Thanks for the reply, lizardbtc.

Viabtc doesn't take any requests atm. Trying since few days. Will look into the other options, thanks.

I'm using mycellium wallet and it has the great feature to bump the transaction fee. But somehow it's crashing every time I try. Looks like it only works for the transactions I sent myself.

If there is someone around who could help getting it through it would be very much appreciated.

I check the unconfirmed transactions every day but doesn't help me if I get pushed back all the time. Have seen a bunch of transactions with same or lower fee, but never seen it going over such an insane time frame.

If there is a chance that a transaction goes back, Im wondering how payment processor bitpay deals with it. Every payment even with zero fee gets accepted right away and digital good or orders get processed right away. So I thought that possibility of transaction going back can't happen often in total.

They are not hiding anything, most likely your transaction was re-broadcasted to the network from your node or another node depending on what type of wallet are you using.  That might be the reason why don't you see the actual date that it was sent.

Bitcoin is decentralized so devs are not really trying to hide anything here, everything is open. There is a known issue that people are looking to solve, the issue that bitcoin capacity is on its knees, it can't simply verify all of the transactions because it wasn't made for this at first, and 2nd it wasn't expected that the need will be now.

There are 2 main proposals to solve this issue: Bitcoin Unlimited and SegWit (search through furmu, or simply google it). Because there are to many unconfirmed transactions it requires you to put higher fee, as other people put higher fee. With the higher fee you will get confirmations faster, thats the only thing that you can do now until this get fixed in the future.

 In the meantime you can try to use viabtc pools accelerator, they are a bitcoin mining pool that are trying to help users to push transactions, all you need to do here is to enter your transaction ID, when it is successful you need to wait for them to mine a block.  https://www.viabtc.com/tools/txaccelerator/


Here you can see aprox. number of unconfirmed transactions https://blockchain.info/unconfirmed-transactions lets say that in one block there can be around 700-3000 transactions depending on the transactions sizes. At this moment size of all unconfirmed transactions is 114038.318 (KB), have in mind that blocks can be 1mb in size + that they come every 10minutes.

First of all, I had no influence on the fee. I'm simply receiving a payment.

Second. Why you come up with blockchain.info?
It was a random blockexplorer to show the transaction. The data are loaded from the blockchain, so the change of date can be seen in any other blockexplorer.

I know that the fee is little but 8 days is still a too long time. I sent a test transaction with zero fees and with 0.0001.
Both arrived within 3 and 4 days. You wanna tell me that 8 days and more is a normal time period to wait? If so, how long would be the longest possible time to expect?

8 days

i guarantee you within a couple days the tx would have got dropped by the network anyway. at which point you could have made a fresh tx with a higher fee to become more tempting.

however it seems you just allowed it to re broadcast out the same tx with the same low fee again

Devs have nothing to do with these kind of things, you guys are clueless, you don't know what you are talking about, 120sat/B is not enough and you should use 240sat/B when it comes to blockchain.info.

Did you think they own the network to change anything at will?

1.  Blockchain.info is a private company and is completely and utterly separate from any development team.

2.  Blockchain.info does not have to be a fully accurate representation of the blockchain.  The only way to get that is by running a node.

3.  You (or let's say, the Blockchain.info wallet) set a low fee on the transaction.  You should set your fees based on this page, based on the assumption that your transactions that have one input will be 226 bytes and each extra input will add at least 148 bytes to the transaction.

No, it was Vod. He does it a lot. He's desperate for a few satoshi.
Blame him

Hey there,

I have a very annoying transaction ongoing, which hasn't been confirmed since 8 days.
Check: https://blockchain.info/de/tx/d1948980d9b968de591c9b2ade202cddc89357430f7ae18c6175e70b0a5a0c24

Now here comes the strange part. The transaction was sent on the 19th of this month. Yesterday, when I checked I noticed that the blockchain sais now sent on 24th.

So I am wondering if this is a method to hide the range of problems the network actually have. With this kind of editing, the stats about the average time transactions take until they get confirmed, are completely wrong.

Its only some thoughts about something I cannot really understand. Maybe some one here can explain why the date of a transaction can change afterwards...


Another thought was that transactions get automatically rebroadcasted after some days and that's what changes the date. This case would still come down to wrong statistics and hide the fact that single transactions could go through an infinite loop without getting confirmed.