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Topic: Is the Bitcoin Network Running Smoothly ? (Read 1122 times)

sr. member
Activity: 966
Merit: 274
February 28, 2017, 07:46:48 AM
#28
in my opinion, bitcoin network is not running smoothly for now because we can see that there is many delay transaction and need to be confirmed as soon as possible but there are many transaction and this could makes the network is heavy load with much of transaction. maybe if this is fixed, then i think the bitcoin network will running smoothly and to confirmed the transaction is not waiting too long like now.
In my opinion, bitcoin's transaction would run smoothly and would requires lesser fee of faucets isn't there. The problem in blockchain is that, due to small transaction cost, miner needs to confirm it one by one, causing some transaction to be pending. However, sooner I believer faucet would not be able to send small amount of btc so that bitcoin would run smoothly.
sr. member
Activity: 812
Merit: 251
February 28, 2017, 06:48:45 AM
#27
Ever since I joined Bitcoin I haven't seen any significant change in the function of its network except the recent delayed transaction confirmations which I know it has to do with the limited block size so I should guess it's running smoothly.
newbie
Activity: 10
Merit: 0
February 28, 2017, 05:21:20 AM
#26
I personally think that it is running very smoothly. Because I have never witnessed any setbacks while using Bitcoins.
Also every day the Bitcoin keeps on improving so it will run even smoother then it already is.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
February 28, 2017, 03:46:22 AM
#25
in my opinion, bitcoin network is not running smoothly for now because we can see that there is many delay transaction and need to be confirmed as soon as possible but there are many transaction and this could makes the network is heavy load with much of transaction. maybe if this is fixed, then i think the bitcoin network will running smoothly and to confirmed the transaction is not waiting too long like now.
legendary
Activity: 1386
Merit: 1020
DGbet.fun - Crypto Sportsbook
February 28, 2017, 02:43:27 AM
#24
@BitcoinOffice are you real satoshi nakamoto   Shocked

I am suspecting this not only due to tone and the way OP is talking his local time is exactly same as of user admin https://bitcointalksearch.org/user/admin-1 and satoshi https://bitcointalksearch.org/user/satoshi-3

Either OP is real satoshi or some guy have just created account with time zone matching to satoshi.   Roll Eyes

I can be completely wrong Grin
Will Satoshi will come and ask us whether his invention goes smooth ? I do not think so.
Satoshi himself will be having all the criteria and measurements to find out and conclude about the completeness of his own work. I agree lot of enhancements were incorporated into bitcoin system  after him, but he must be capable of verifying them for this topic purposes at least.
Im having the same thoughts too for satoshi wont really create a topic here on these days and asking how his creation going. Speaking of bitcoin and its network sometimes it goes rough because of the unnecessary events that do happen specially on spam transactions and the fees have been increased but these situation doesnt really last long and goes back to normal.
legendary
Activity: 3248
Merit: 1070
February 28, 2017, 02:27:38 AM
#23
if having 100k transactions stuck in the mempool for a day or two while having to pay dollars instead of pennies in fees to get your transaction through is considered smooth, then yeah... its been freakin butter.



you can use an accelerator, the trick is to put 2/3 of the fee anyway and plus the accelerator, if you still use 10k satoshi it's obviously that you will get your tx stuck

The governments and big corporations have found the Blockchain is a magical tool to be exploted for commercial gaining while the Bitcoin they think is a threat for banks. I will soon publish the full Bitcoin Deffintion Papers to the attention of the governments and those bankers paricullarly the central bankers. Bankers have nothing to be scared of Bitcoin. Bitcoin and Blockchain are insefarable and Bitcoin is a superior financial product and service system than any other existing financial service system or product. Blockchain is gaining popularity beside Bitcoin is quite interesting but I have discovered a new methods of running unlimited transactions globally with full security and transparency. There will be no confirmation problem at all, as the new protocol will have super computational features involvement for unlimited faster confirmation. It will deffinitely assist the Bitcooin to move forward to the next stage.

not that i really think you are satoshi but...besides the tx problem which is not a real problem, solution are there just consensus is not, what other features we can except to improve bitcoin to a whole new level? automated escrow build in the client for example?

i like that the client one day will have everything, decentralized exchange, built-in escrow, explorer etc...
legendary
Activity: 1288
Merit: 1036
February 28, 2017, 02:18:15 AM
#22
@BitcoinOffice are you real satoshi nakamoto   Shocked

I am suspecting this not only due to tone and the way OP is talking his local time is exactly same as of user admin https://bitcointalksearch.org/user/admin-1 and satoshi https://bitcointalksearch.org/user/satoshi-3

Either OP is real satoshi or some guy have just created account with time zone matching to satoshi.   Roll Eyes

I can be completely wrong Grin
Will Satoshi will come and ask us whether his invention works smooth ? I do not think so.
Satoshi himself will be having all the criteria and measurements to find out and conclude about the completeness of his own work. I agree lot of enhancements were incorporated into bitcoin system  after him, but he must be capable of verifying them for this topic purposes at least.
hero member
Activity: 2996
Merit: 536
Leading Crypto Sports Betting & Casino Platform
February 28, 2017, 02:12:10 AM
#21
https://blockchain.info/unconfirmed-transactions (High unconfirmed transaction)
                                   v
https://blockchain.info/charts/transaction-fees (a lot of fees)

Smoothly? I don't think so.  Roll Eyes Cool
hero member
Activity: 798
Merit: 505
February 28, 2017, 02:10:32 AM
#20
In the beggining i think yes it runs smoothly but this time i can surely say it doesnt anymore.Because bitcoin network already having some delays in their network and some transaction takes days to come in and be credited due to huge number and big size of blocks that the network is transacting every time people are sending bitcoins from one another
full member
Activity: 266
Merit: 100
February 28, 2017, 01:47:13 AM
#19
Acc to me the bitcoin network is running smoothly and the transactions are running smooth. Well sometimes it is not so smooth because of the block being too large and too much traffic.well eventually it will become smooth and things will be better.
legendary
Activity: 1120
Merit: 1008
CryptoTalk.Org - Get Paid for every Post!
February 28, 2017, 01:46:49 AM
#18
Not smooth. confirm time are random. If you pay high fee, you will get fast network. If low, wait 1/2 day or hope luck.  Undecided Why ppl will use then?
Because, Even when you pay those high fee in bitcoin it is comparatively very small than what you have to pay in fees while using paypal, skrill like traditional centralized payment processor. 
AGD
legendary
Activity: 2070
Merit: 1164
Keeper of the Private Key
February 28, 2017, 01:41:42 AM
#17
You're welcome Satoshi.
sr. member
Activity: 255
Merit: 250
February 27, 2017, 09:44:16 PM
#16
The governments and big corporations have found the Blockchain is a magical tool to be exploted for commercial gaining while the Bitcoin they think is a threat for banks. I will soon publish the full Bitcoin Deffintion Papers to the attention of the governments and those bankers paricullarly the central bankers. Bankers have nothing to be scared of Bitcoin. Bitcoin and Blockchain are insefarable and Bitcoin is a superior financial product and service system than any other existing financial service system or product. Blockchain is gaining popularity beside Bitcoin is quite interesting but I have discovered a new methods of running unlimited transactions globally with full security and transparency. There will be no confirmation problem at all, as the new protocol will have super computational features involvement for unlimited faster confirmation. It will deffinitely assist the Bitcooin to move forward to the next stage.
If you really wanted to mimic someone you have to at least mimic to the best of your abilities and have a proof reading done before submitting something.I can pin point plenty of spelling mistakes in this one paragraph and you claim that you are the inventor or who wipes the damn of the inventor.So stop spreading your false claims and stop impersonating satoshi.
sr. member
Activity: 476
Merit: 250
Bawga
February 26, 2017, 03:50:38 PM
#15
Not smooth. confirm time are random. If you pay high fee, you will get fast network. If low, wait 1/2 day or hope luck.  Undecided Why ppl will use then?
legendary
Activity: 1302
Merit: 1008
Core dev leaves me neg feedback #abuse #political
February 26, 2017, 03:16:49 PM
#14
if having 100k transactions stuck in the mempool for a day or two while having to pay dollars instead of pennies in fees to get your transaction through is considered smooth, then yeah... its been freakin butter.

newbie
Activity: 6
Merit: 0
February 26, 2017, 03:16:13 PM
#13
When some one or a group want to increase blocksize according to thier own logic for their own interest is not good for the Bitcoin Network, but there must be some other way that can help to solve any disputes arrising. Hard forking or soft forking is not necessary as long as the network is running smoothly. What is needed is a sollution to multiple unlimited transactions and instant confirmation. Security must be the main concern rather than increasing blocksize. For the miners ease and getting more benefit, it would be better to be able to pay for the miners an extra amounts of fees and avoid the conflict; But a conventional dispute has to be dealth with a conventional solution so it will not disturb the Bitcoin Network. It is good to drink half a glass of clean water than drinking a full glass of contaminated water. Therefore, we must find a better solution to all disputes. Just be patience. Search and you will find a better solution. 
legendary
Activity: 1904
Merit: 1074
February 26, 2017, 03:05:10 PM
#12
Bitcoin has survived without my full supervision

Bitcoin do not need supervision Satoshi.  Roll Eyes .....We have Blockstream behind the wheel and they think they have the solution to all our problems

with SegWit and The Lightning Network.  Roll Eyes .... Care to share with us, what your magic solution is to the scaling problem? I hope it is not another

BU type solution with short term remedies.  Roll Eyes
newbie
Activity: 6
Merit: 0
February 26, 2017, 01:58:18 PM
#11
The governments and big corporations have found the Blockchain is a magical tool to be exploted for commercial gaining while the Bitcoin they think is a threat for banks. I will soon publish the full Bitcoin Deffintion Papers to the attention of the governments and those bankers paricullarly the central bankers. Bankers have nothing to be scared of Bitcoin. Bitcoin and Blockchain are insefarable and Bitcoin is a superior financial product and service system than any other existing financial service system or product. Blockchain is gaining popularity beside Bitcoin is quite interesting but I have discovered a new methods of running unlimited transactions globally with full security and transparency. There will be no confirmation problem at all, as the new protocol will have super computational features involvement for unlimited faster confirmation. It will deffinitely assist the Bitcooin to move forward to the next stage.
newbie
Activity: 58
Merit: 0
February 26, 2017, 01:46:20 PM
#10
No, it's not, but people are working to improve it.  Wink
legendary
Activity: 994
Merit: 1000
February 26, 2017, 01:42:56 PM
#9
@BitcoinOffice are you real satoshi nakamoto   Shocked

I am suspecting this not only due to tone and the way OP is talking his local time is exactly same as of user admin https://bitcointalksearch.org/user/admin-1 and satoshi https://bitcointalksearch.org/user/satoshi-3

Either OP is real satoshi or some guy have just created account with time zone matching to satoshi.   Roll Eyes

I can be completely wrong Grin
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