Looking at mempool graphs for October 25, 2016
link?
https://www.bitcoinqueue.com/details/4d.html
Topic: If you don't pay the fees, you will be BLOCK. (Read 1286 times)
Looking at mempool graphs for October 25, 2016
link?Quote
In addition, here is another crazy tx this one miner took:
This has no fee and over 33,000 bytes.
possible resaons:This has no fee and over 33,000 bytes.
1) cpfp
2) pool has a vip-entrance for some txs
Ok. I'm pretty surprised that a miner would mine that type of tx today.
Why not?Miners are interested in fees
If there are no high-fee txs - they do confirm txs with low fee even these txs are 1 year old and created by spamer
...
Looking at mempool graphs for October 25, 2016, seems to have a steady 6k to 9k txs pending
throughout the day. So it is interesting a miner would take on that cost instead of taking a higher fee.
The prior block was: over 600kb, 1,284 txs, 0.2849 btc fee So avg 45 satos per byte
The block in question was: over 900kb, 794 txs, 0.1955 btc fee So avg 20 satos per byte
The block after was: over 900kb, 2,245 txs, 0.7235 btc fee So avg 72 satos per byte
So when you look at the 3 block side by side, the one we are talking about took on more data for less fee,
the other two seem somewhat in proportion and makes some sense to me.
In addition, here is another crazy tx this one miner took:
https://tradeblock.com/bitcoin/tx/c1696113e3cd152dee1e9b4b42057995ba253d082b4228f9d5d3623ade179dff
This has no fee and over 33,000 bytes.
Edit: seems this tx is the miner pool paying its miners and mined their own tx.
Actually i think majority of low fee to no fee transaction are being sent by newbies to bitcoin as well as for spam attacks to bitcoin network. And also it will be quite confusing for new bitcoin users to calculate their transaction size before sending bitcoin using web wallets and if that wallet doesn't provide automatic recommended fee detection system, users will try to use whatever they like (usually low to minimize fee cost) making their transaction stucked which make them fear even more dealing with bitcoin in future.
I think Web wallet should focus on implementing fee recommendation system (i have seen this in few), users need to be more aware of importance of transactions fees to have less unconfirmed transactions in future.
I think Web wallet should focus on implementing fee recommendation system (i have seen this in few), users need to be more aware of importance of transactions fees to have less unconfirmed transactions in future.
In my view, users using web wallets should be focused less on fees. They opted to use these services and these services have the responsibility to their customers to manage fee recommendation on their behalf. Imagine if the banks did this to their customers? < Tell them to manage their fees on their own, and if they did not get it right, they will have unconfirmed transactions for months > I would surely not use such a service.
Once again, third party services are clearly dropping the ball, and Bitcoin gets the blame. ^fuming^
Actually i think majority of low fee to no fee transaction are being sent by newbies to bitcoin as well as for spam attacks to bitcoin network. And also it will be quite confusing for new bitcoin users to calculate their transaction size before sending bitcoin using web wallets and if that wallet doesn't provide automatic recommended fee detection system, users will try to use whatever they like (usually low to minimize fee cost) making their transaction stucked which make them fear even more dealing with bitcoin in future.
I think Web wallet should focus on implementing fee recommendation system (i have seen this in few), users need to be more aware of importance of transactions fees to have less unconfirmed transactions in future.
I think Web wallet should focus on implementing fee recommendation system (i have seen this in few), users need to be more aware of importance of transactions fees to have less unconfirmed transactions in future.
Ok. I'm pretty surprised that a miner would mine that type of tx today.
Why not?Miners are interested in fees
If there are no high-fee txs - they do confirm txs with low fee even these txs are 1 year old and created by spamer
https://bitcointalksearch.org/topic/coinwalleteu-stress-test-cancelled-bitcoin-giveaway-1175321
i think it is worth mentioning that we are back to normal levels again:
i am so curious about this, because to be honest i wasn't expecting 40K+ unconfirmed transactions that took nearly 2 days to build up go down to normal level of <5K in only a day!
i am so curious about this, because to be honest i wasn't expecting 40K+ unconfirmed transactions that took nearly 2 days to build up go down to normal level of <5K in only a day!
But why push a valid unconfirmed tx that shall not be accepted into any valid block ever?
It shall.For example the transaction
https://tradeblock.com/bitcoin/tx/2fb06fec2d549f1d05158f4a7a0812b50e7bb7cadf1697584e194ba01397886d
was discovered on the network 8 Oct 2015 and confirmed 25 oct 2016
It was pushed by somebody over and over until confirmation succeded.
And there are a lot of such transactions
Ok. I'm pretty surprised that a miner would mine that type of tx today.
In the future, those dust amounts would in theory be worth more, so they will become
common again as time goes on, but currently that is a lot of data added to the blockchain
for just $0.58 USD. The mining cost to add that tx to the chain must have been at least $1.28 USD.
But I guess you are correct, there are some re-broadcasts that are "neutral".
https://tradeblock.com/bitcoin/tx/2fb06fec2d549f1d05158f4a7a0812b50e7bb7cadf1697584e194ba01397886d
was discovered on the network 8 Oct 2015 and confirmed 25 oct 2016
was discovered on the network 8 Oct 2015 and confirmed 25 oct 2016
So someone doesn't want to pay a 0.0005 BTC (or 0.34 USD) fee and is willing to wait a year ... ... yeah, the total amount was rather small so, I can understand.
But why push a valid unconfirmed tx that shall not be accepted into any valid block ever?
It shall.For example the transaction
https://tradeblock.com/bitcoin/tx/2fb06fec2d549f1d05158f4a7a0812b50e7bb7cadf1697584e194ba01397886d
was discovered on the network 8 Oct 2015 and confirmed 25 oct 2016
It was pushed by somebody over and over until confirmation succeded.
And there are a lot of such transactions
Quote
Isn't that a memory usage attack vector?
May be. But nodes can limit the size of mempool todayQuote
Here is the question then:
Can Bitcoin attacks and attack vectors be a malicious act or a misbehavior in your eyes?
If there is no code in sources which treat this as misbehavior - this is not misbehavior, butCan Bitcoin attacks and attack vectors be a malicious act or a misbehavior in your eyes?
a consensus of network usage. Sorry, my English is poor, I am not sure that I got a question
correctly and my answer is clear.
What would be a legitimate reason to push non-confirmed transactions over and over?
Do we need a reason to broadcast valid non-confirmed transaction to a peer?But why push a valid unconfirmed tx that shall not be accepted into any valid block ever?
Isn't re-boradcasting it over and over and keeping it in the mempool just adding to the
problem as to
I do not know.problem as to
It is understandable if your tx is good and after a few days you repush it when a bottle
neck is over, but nodes pushing for weeks or months seems like misbehavior.
No, it is not understandable.neck is over, but nodes pushing for weeks or months seems like misbehavior.
You have a right to locate all such nodes and punish their owners.
You also have a right to keep forever all tx hashes for the transactions you have deleted and ban
the peers which re-send these transactions.
Here is the question then:
Can Bitcoin attacks and attack vectors be a malicious act or a misbehavior in your eyes?
Or since it is doable or executable, it is always a justly act and there can be no injurious acts.
And what happens if we got a flood of 1 satoshi transactions without fee?
nothing happens. most of clients ignore these dust transactions. 
Other day I was thinking, where goes/stay the unconfirmed transactions? It stay on the blockchain too?
Well, maybe we can stop sending btc for 24 hours, one day per year to unstuck this transactions...
And what happens if we got a flood of 1 satoshi transactions without fee?
Well, maybe we can stop sending btc for 24 hours, one day per year to unstuck this transactions...
And what happens if we got a flood of 1 satoshi transactions without fee?
The answer to the flood of transaction would interest me very much. No bad idea involved of course
... What would be a legitimate reason to push non-confirmed transactions over and over?
Do we need a reason to broadcast valid non-confirmed transaction to a peer?Quote
Isn't re-boradcasting it over and over and keeping it in the mempool just adding to the
problem as to
I do not know.problem as to
Quote
why it wasn't confirm the first time?
traffic jams? lack space in blocks?Quote
It is understandable if your tx is good and after a few days you repush it when a bottle
neck is over, but nodes pushing for weeks or months seems like misbehavior.
No, it is not understandable.neck is over, but nodes pushing for weeks or months seems like misbehavior.
You have a right to locate all such nodes and punish their owners.
You also have a right to keep forever all tx hashes for the transactions you have deleted and ban
the peers which re-send these transactions.
Nodes do not continue to push txs that have already been propagated throughout the network.
They all pass it on until the whole node network is aware of that specific tx.
They all pass it on until the whole node network is aware of that specific tx.
Nodes are not obliged to push txs that have already been propagated throughout the network.
But some of them have a patches which push non-confirmed transactions over and over again.
This behaviour is not invalid or misbehaviour.
What would be a legitimate reason to push non-confirmed transactions over and over?
Isn't re-boradcasting it over and over and keeping it in the mempool just adding to the
problem as to why it wasn't confirm the first time?
It is understandable if your tx is good and after a few days you repush it when a bottle
neck is over, but nodes pushing for weeks or months seems like misbehavior.
Nodes do not continue to push txs that have already been propagated throughout the network.
They all pass it on until the whole node network is aware of that specific tx.
They all pass it on until the whole node network is aware of that specific tx.
Nodes are not obliged to push txs that have already been propagated throughout the network.
But some of them have a patches which push non-confirmed transactions over and over again.
This behaviour is not invalid or misbehaviour.
Luckily I'm always pay appropiate fee and never use custom fee that risk me many bad things such like slow confirmation.
And after I read this topic, I'm getting learn better and better about a fee
I experience this happening few days ago that i pay low fee and it takes a long transaction to be confirm and according to electrum wallet that i use you can choose what block and fee you can set low fee within 25 blocks or below so i choose next block can be confirm and my transaction is fast than paying low fee.. And after I read this topic, I'm getting learn better and better about a fee
But to answer your question, my understanding is that most nodes drop old pending txs after 3 days.
... and some other nodes resend pending txs after 4 days for example, go to https://blockchain.info/rejected
take the link with this comment "The Maximum Very Small Inputs Exceeded. Expected at least (150000) satoshi fee"
[copy] txid for a transaction which was rejected by bc.i today
then go to https://tradeblock.com/bitcoin/
[paste] the txid and get the original date when this transaction first time appeared on the network
have fun.
Nodes do not continue to push txs that have already been propagated throughout the network.
They all pass it on until the whole node network is aware of that specific tx.
What you are pointing to are either custom programs that are either broken or being malicious,
and are purposefully pushing txs that are either invalid, too low of a fee, doublespent, or spam.
For the average user, their bitcoins will "return" to their wallets after 3 days.
Just pay the fee shown by "estimate fee 25" or higher. Sure, it may look like a lot, sometimes many thousands of satoshis... but, that's one way to get included in a block.
Luckily I'm always pay appropiate fee and never use custom fee that risk me many bad things such like slow confirmation.
And after I read this topic, I'm getting learn better and better about a fee
And after I read this topic, I'm getting learn better and better about a fee
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