Topic: If *someone* is stressing BTC... Do you support stressing *someone*? - page 6. (Read 9593 times)
September 04, 2015, 05:12:16 PM
coinwallet.eu is under "stress test".
September 04, 2015, 08:07:01 AM
I think they are free to do anything they want to. I don't see it as an act of vandalism or any sort of action that tantamounts to sabotage. At least it tells us one thing, that bitcoin is obviously not ready for future acceptance.
The only thing it tells us is that there are some fancy boys out there willing to flush their money down the drain in order to create some FUD. Include a reasonable TX fee and you'll get confirmation in the next mined block.
Unless they're willing to flush more than a few million dollars worth of BTC they're not clogging up shit. Buying a few mil worth of BTC would also drive the price up negating the whole FUD scenario. They can't win, it's like watching a reeled in fish flopping around on the floor of a boat.
September 04, 2015, 07:41:58 AM
I think they are free to do anything they want to. I don't see it as an act of vandalism or any sort of action that tantamounts to sabotage. At least it tells us one thing, that bitcoin is obviously not ready for future acceptance.
The fact is that they don't tell us something new or something that we don't know, so their action is just vandalism or they try to promote their shady operations.The miners don't have any problem from that, on the contrary they get more profit from increased tx fees, only the end users suffer some tiny BTC losses or delays.
September 04, 2015, 07:27:37 AM
I think they are free to do anything they want to. I don't see it as an act of vandalism or any sort of action that tantamounts to sabotage. At least it tells us one thing, that bitcoin is obviously not ready for future acceptance.
September 04, 2015, 07:14:02 AM
Maybe we should do our own "stress test" of coinwallet.eu... Just sayin'.
I think that was the whole purpose of the OP
Just sayin'
September 04, 2015, 07:10:02 AM
Watch the https://www.blocktrail.com/BTC for updates about "Unconfirmed Transactions", "Optimal Fee / Kb to get into next block" and "Low Priority Fee / Kb to get into a block within 2 blocks".
Coinwallet.eu that conducts the stress test has some BTC to lose to promote their shady operations and miners will get more profit from the increased tx fees..
If I conduct a web Traffic attack against coinwallet.eu and name it "capacity stress test" to prove that their infrastructure is not big enough to handle future increase in their customer base, I will be a criminal breaking the law in UK because I wasn't invited by coinwallet.eu to conduct the test. The same, I think, applies to their stress test because nobody has authorized them to conduct such a test against the Bitcoin infrastructure with consequences such as delaying transactions, but they feel safe because the Bitcoin infrastructure has no owner to file a lawsuit against them claiming damages or loss of profit.
I think the Bitcoin foundation can create a bounty / donation address to raise money so that it can hire a law firm to study the cyber security laws and how they can file a lawsuit against them or anyone with criminal behavior against Bitcoin infrastructure.
Coinwallet.eu that conducts the stress test has some BTC to lose to promote their shady operations and miners will get more profit from the increased tx fees..
If I conduct a web Traffic attack against coinwallet.eu and name it "capacity stress test" to prove that their infrastructure is not big enough to handle future increase in their customer base, I will be a criminal breaking the law in UK because I wasn't invited by coinwallet.eu to conduct the test. The same, I think, applies to their stress test because nobody has authorized them to conduct such a test against the Bitcoin infrastructure with consequences such as delaying transactions, but they feel safe because the Bitcoin infrastructure has no owner to file a lawsuit against them claiming damages or loss of profit.
I think the Bitcoin foundation can create a bounty / donation address to raise money so that it can hire a law firm to study the cyber security laws and how they can file a lawsuit against them or anyone with criminal behavior against Bitcoin infrastructure.
September 04, 2015, 06:28:28 AM
Maybe we should do our own "stress test" of coinwallet.eu... Just sayin'.
September 04, 2015, 06:26:28 AM
I really want to see a much larger scale test, when every block is full and then we can observe if the orphan rate of blocks will increase significantly (which indicated that miners might change their behavior when blocks are getting bigger). But it seems that the majority of the nodes have learned the trick to filter their spam transaction, even their IP, so this time the attack would only reach very limited number of nodes and packets were quickly dropped
September 04, 2015, 05:26:08 AM
Just shooting a bullet into the air, but could it be that they are in some way affiliated to WU or MoneyGram ?
https://www.coinwallet.eu/options and in doing this, they want to highlight the inefficiencies of Bitcoin for people to stay with WU and MoneyGram? It's a long shot, and I am just making a assumption based on their linked services.
What else can they gain from dumping massive amounts of money into a bottomless money pit? These tests can become very expensive and I see no reason why people would just dump money into a fire?
https://www.coinwallet.eu/options and in doing this, they want to highlight the inefficiencies of Bitcoin for people to stay with WU and MoneyGram? It's a long shot, and I am just making a assumption based on their linked services.
What else can they gain from dumping massive amounts of money into a bottomless money pit? These tests can become very expensive and I see no reason why people would just dump money into a fire?
They have no other way to try and convince people that bigger blocks are needed NOW, which is false.
So far they are not doing a good job, but hey, what are their options?
Its hilarious how desperate these fudsters are.
Whatever power is behind this agenda, Its good: means they fear bitcoin as it is
September 04, 2015, 05:13:04 AM
Just shooting a bullet into the air, but could it be that they are in some way affiliated to WU or MoneyGram ?
https://www.coinwallet.eu/options and in doing this, they want to highlight the inefficiencies of Bitcoin for people to stay with WU and MoneyGram? It's a long shot, and I am just making a assumption based on their linked services.
What else can they gain from dumping massive amounts of money into a bottomless money pit? These tests can become very expensive and I see no reason why people would just dump money into a fire?
https://www.coinwallet.eu/options and in doing this, they want to highlight the inefficiencies of Bitcoin for people to stay with WU and MoneyGram? It's a long shot, and I am just making a assumption based on their linked services.
What else can they gain from dumping massive amounts of money into a bottomless money pit? These tests can become very expensive and I see no reason why people would just dump money into a fire?
They have no other way to try and convince people that bigger blocks are needed NOW, which is false.
So far they are not doing a good job, but hey, what are their options?
September 04, 2015, 12:51:04 AM
Just shooting a bullet into the air, but could it be that they are in some way affiliated to WU or MoneyGram ?
https://www.coinwallet.eu/options and in doing this, they want to highlight the inefficiencies of Bitcoin for people to stay with WU and MoneyGram? It's a long shot, and I am just making a assumption based on their linked services.
What else can they gain from dumping massive amounts of money into a bottomless money pit? These tests can become very expensive and I see no reason why people would just dump money into a fire?
https://www.coinwallet.eu/options and in doing this, they want to highlight the inefficiencies of Bitcoin for people to stay with WU and MoneyGram? It's a long shot, and I am just making a assumption based on their linked services.
What else can they gain from dumping massive amounts of money into a bottomless money pit? These tests can become very expensive and I see no reason why people would just dump money into a fire?
September 04, 2015, 12:00:07 AM
no. they tested the network already. all they do is waste their time and money.
and make me pay 2 cent more per tx... whatever
and make me pay 2 cent more per tx... whatever
September 03, 2015, 07:11:38 PM
The attack is actually a joke, just add the following to your bitcoin.conf and it won't have any effect.
Code:
blockmaxsize=1000000
mintxfee=0.00005
minrelaytxfee=0.00005
limitfreerelay=5
The attacker simply increases the transaction fee at no cost to the attacker. There is a lot more to this attack than meets the eye. https://bitcointalksearch.org/topic/m.12277703.
Not so fast. How does this hypothetical mining coalition anticipate nodes individually setting different minrelaytxfee from one another? You are approaching this as if the attacker is omniscient regarding the totality of differing minrelaytxfee that individual nodes are using. It's an interesting theory, but it occurs to me that this is highly speculative on the part of the would-be attacker.
September 03, 2015, 07:04:38 PM
So, how many of these transactions are they going to be putting out, does anyone know? With what fee?
September 03, 2015, 06:52:48 PM
The attack is actually a joke, just add the following to your bitcoin.conf and it won't have any effect.
Code:
blockmaxsize=1000000
mintxfee=0.00005
minrelaytxfee=0.00005
limitfreerelay=5
The attacker simply increases the transaction fee at no cost to the attacker. There is a lot more to this attack than meets the eye. https://bitcointalksearch.org/topic/m.12277703.
If the attacker doesn't pay at least 0.0005 BTC per transaction my node doesn't include it in the next mined block nor does it relay the transaction. The attacker isn't the one setting the transaction fee here; he's merely influencing the minimum fee I charge based the maximum he's will willing to pay for his spam.
So unless you want to include disinformation, no there's not a lot more to this attack than meets the eye.
September 03, 2015, 03:37:24 PM
The attack is actually a joke, just add the following to your bitcoin.conf and it won't have any effect.
Code:
blockmaxsize=1000000
mintxfee=0.00005
minrelaytxfee=0.00005
limitfreerelay=5
The attacker simply increases the transaction fee at no cost to the attacker. There is a lot more to this attack than meets the eye. https://bitcointalksearch.org/topic/m.12277703.
Noticed this post right under yours.
https://bitcointalksearch.org/topic/coinwallet-says-bitcoin-stress-test-in-september-will-create-30-day-backlog-1157584
September 03, 2015, 01:55:42 PM
The attack is actually a joke, just add the following to your bitcoin.conf and it won't have any effect.
Code:
blockmaxsize=1000000
mintxfee=0.00005
minrelaytxfee=0.00005
limitfreerelay=5
The attacker simply increases the transaction fee at no cost to the attacker. There is a lot more to this attack than meets the eye. https://bitcointalksearch.org/topic/m.12277703.
September 03, 2015, 12:43:45 PM
The attack is actually a joke, just add the following to your bitcoin.conf and it won't have any effect.
Code:
blockmaxsize=1000000
mintxfee=0.00005
minrelaytxfee=0.00005
limitfreerelay=5
September 03, 2015, 12:42:41 PM
how much are they paying in fees to put on this show?
can they seriously backlog the system 30days as they suggested?
how do miners determine a particular TX is spam for this attack?
can they seriously backlog the system 30days as they suggested?
how do miners determine a particular TX is spam for this attack?
Perhaps we should develop standards for dust transactions above a certain threshold of outputs.
September 03, 2015, 12:37:11 PM
how much are they paying in fees to put on this show?
can they seriously backlog the system 30days as they suggested?
how do miners determine a particular TX is spam for this attack?
can they seriously backlog the system 30days as they suggested?
how do miners determine a particular TX is spam for this attack?
Perhaps we should develop standards for dust transactions above a certain threshold of outputs.
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