More than 50,000 unconfirmed transactions

kiklo

legendary

Activity: 1092

Merit: 1000

Looks like the Fix is on the way. Wink

Quote from: kiklo on March 07, 2017, 03:37:43 AM

https://news.bitcoin.com/new-unlimited-bitcoin-com-mining-pool-now-open/

Looks like someone is getting ready to help BTC Unlimited kicks Segwit virtual ass
Miners can earn 110% compared to other Mining Pools.

Quote

“We are paying more on Pay-Per-Share (PPS) than any other pool,” explains Oldenburg.
“We pay a 110% block reward, and charge 0% fees for PPS and Pay Per Last N Shares (PPLNS).
Bitcoin.com’s mining pool pays PPS directly instead of giving miners some fees after the blocks are mined.
Our reward scheme is simpler and is guaranteed to make the miner more money regardless of luck.”
A Unique Reward System, and an Aim to End Transaction Congestion

Bitcoin.com’s Mining Pool is also the world’s first large pool fully dedicated to Bitcoin Unlimited.
Oldenburg details the operations are global with servers in the U.S., China, and Europe.
Additionally, Bitcoin.com’s mining pool has fast block transmission times using a global relay network built on Bitcoin Unlimited Xthin and Xpedited blocks.

Today begins the first invite to the general public, offering a mining pool with a significant incentive for miners.
Moreover, Bitcoin.com’s Mining Pool is leading the change for bigger blocks by voting with hashpower to end congestion within the network.
In addition to the pool, Oldenburg reveals that a transaction accelerator platform is also coming in the near future.

Lauda

legendary

Activity: 2674

Merit: 3000

Terminated.

Quote from: Soul Reaper on March 04, 2017, 11:06:29 AM

It may result into the transactions occurring a bit slow .
But these transactions still most of the times happen .
-snip-

It doesn't seem that you understand Bitcoin at all.

Quote from: arimamib on March 06, 2017, 04:40:05 AM

bitcoin now is not like it used to be, first transactions between wallet very quickly just a matter of seconds, but can now be up for hours and even for days.

Transactions are still near-instant. What you are talking about is confirmations.

Quote from: arimamib on March 06, 2017, 04:40:05 AM

maybe it was all caused by a large current transaction.

Stop posting in threads in which you clearly have no relevant knowledge.

arimamib

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Activity: 1862

Merit: 574

Leading Crypto Sports Betting & Casino Platform

bitcoin now is not like it used to be, first transactions between wallet very quickly just a matter of seconds, but can now be up for hours and even for days. maybe it was all caused by a large current transaction.

Soul Reaper

full member

Activity: 126

Merit: 100

Bitcoins have risen form 1BTC = less than 1 $ ( at the start)
And now to almost 1 bitcoin = 1200$ approximately.
Seeing this huge rise in bitcoins worth,
More and more people have been attracted to it,
As a result the number of users using the same thing has increased.
It may result into the transactions occurring a bit slow .
But these transactions still most of the times happen .
They might take upto even 1 day time but they are usually confirmed.
I use bitcoin in various places like steam etc , but it has never happened that the transactions have failed .

Lauda

legendary

Activity: 2674

Merit: 3000

Terminated.

Quote from: Liang_Kubur on February 12, 2017, 04:45:31 AM

-snip-

Your post is utter rubbish. Surprise surprise, Indonesian shit poster. Roll Eyes

Quote from: dearbesz1219 on February 12, 2017, 10:51:39 AM

But the thing is true, if you give more fees or high fess your transactions will take place quickly,in other words, higher fees is there first priority in the blockchain Grin

, that why those who transact with low fees, will be located at unconfirmed transactions which will lead them into traffic. but it will confirm only delayed for a couple of days.

You've just rehashed what was said an absurd amount of times in this and similar threads. Not only that, you're statement is partially wrong. Adding a low fee does not 'land' "you at unconfirmed transactions". ALL transactions, regardless of the included fee, become unconfirmed transactions as soon as they are created and relayed. The fee influences the time-till-inclusion, correct.

Quote from: -ck on February 12, 2017, 04:49:57 AM

Will you sigspammers shut the fuck up? You're not saying anything intelligible.

Don't you just love this forum's policy? Almost all of the posts in this thread are utter shit. I highly doubt that even more than a handful of these idiots understand the basics of Bitcoin.

dearbesz1219

hero member

Activity: 924

Merit: 500

Quote from: hawkins on February 08, 2017, 09:39:23 AM

Quote from: ReLieD on February 08, 2017, 09:25:48 AM

As bitcoin is becoming successful day by day ,
The number of people using bitcoin is increasing tremendously
This is leading to the sites having a lot of load.
So many transactions together crash the site.
But I can assure you that all the transactions will once be confirmed.
I use bitcoin on a regular bases.
I just pay more fees for transactions to take place quickly.

I do not think that paying more than the fee will speed up unconfirmed transactions. may now occur some problems in blockchain thus causing a delay confirmation. Well, it might be a natural thing, because at this time, bitcoin enthusiasts really multiply.

But the thing is true, if you give more fees or high fess your transactions will take place quickly,in other words, higher fees is there first priority in the blockchain Grin

, that why those who transact with low fees, will be located at unconfirmed transactions which will lead them into traffic. but it will confirm only delayed for a couple of days.

-ck

legendary

Activity: 4088

Merit: 1631

Ruu \o/

Will you sigspammers shut the fuck up? You're not saying anything intelligible.

BigBos

sr. member

Activity: 2016

Merit: 456

Quote from: Liang_Kubur on February 12, 2017, 04:45:31 AM

I just know that there are a lot of confirmation on bitcoin transaction. Exactly, this is the thing that makes me curious because one transaction need not require up to 50.000 confirmations, can not imagine if this happened on the majority of users. I'm afraid the bitcoin will be left if it is like this.

Well, you're right. if too many terpending confirmation, the transaction may be very long, and at worst, bitcoin will be left behind. This is also likely to affect the price of bitcoin. but, I think some mistakes have been improved, and a quick start bitcoin transactions. I just hope that there will be many unconfirmed transactions

Liang_Kubur

full member

Activity: 154

Merit: 100

I just know that there are a lot of confirmation on bitcoin transaction. Exactly, this is the thing that makes me curious because one transaction need not require up to 50.000 confirmations, can not imagine if this happened on the majority of users. I'm afraid the bitcoin will be left if it is like this.

bravehearth0319

hero member

Activity: 1022

Merit: 500

Quote from: countryfree on January 23, 2017, 07:46:59 PM

Sh*t! It's happening again! We really need to increase that damned block size!

I've been waiting for more than 6 hours for a transaction to be confirmed, and I'm shocked to see there are more than 50,000 in the queue.

https://blockchain.info/unconfirmed-transactions

We need SegWit, or an urgent block size increase. For the sake of BTC, something needs to be done, fast!

If you waited for 6 hours for a to be transaction to be confirmed, in my experienced before I received my bitcoin It's been two days past before the transaction to be confirm into my bitcoin wallet. Though when I check it in my blockchain txid it is unconfirmed. Embarrassed

MRlong

sr. member

Activity: 518

Merit: 250

yeah me too:(

JANGKRIK BOSS

full member

Activity: 224

Merit: 100

I think this is a strange thing, what's the difference 1 confirmation with tens of thousands of confirmation? I as a user obviously didn't need it because the most important is when the transfer is accepted without too much confirmation.

Gleb Gamow

vip

Activity: 1428

Merit: 1145

Quote from: zuyfg888 on February 09, 2017, 12:29:02 AM

Quote from: Gleb Gamow on February 08, 2017, 11:21:46 PM

Quote from: sportypants on February 08, 2017, 11:09:53 PM

Been USING (as in not trading or hoarding) BTC for a few years now, and just had my first 24 hour delay on 2 payments. So let me get this straight - aside from the instability of the price, the exchange fees /growing transaction costs - I have to deal with the uncertainty of when my payment will arrive?

Angry

For what it's worth, at least the network is being protect by nodes mostly in China, where also the primary exchanges are based manipulating the price.

Some people you just can't make happy. Tongue

This must be one of the problem of bitcoin transactions. Loading on block chain would be the first problem for bitcoin users, if they load big money, I think that block chain will be a lot of delay, or transactions would be hard, or there is always a waiting time for us. We should know what is the cause of delaying of unconfirmed transactions would be.

Translated: I'm just penning some word spaghetti so to increase my post count so that I can earn a living wage thanks to the sig campaign that I'm currently participating in. Moving on to another thread. Later.

zuyfg888

sr. member

Activity: 490

Merit: 250

Quote from: Gleb Gamow on February 08, 2017, 11:21:46 PM

Quote from: sportypants on February 08, 2017, 11:09:53 PM

Been USING (as in not trading or hoarding) BTC for a few years now, and just had my first 24 hour delay on 2 payments. So let me get this straight - aside from the instability of the price, the exchange fees /growing transaction costs - I have to deal with the uncertainty of when my payment will arrive?

Angry

For what it's worth, at least the network is being protect by nodes mostly in China, where also the primary exchanges are based manipulating the price.

Some people you just can't make happy. Tongue

This must be one of the problem of bitcoin transactions. Loading on block chain would be the first problem for bitcoin users, if they load big money, I think that block chain will be a lot of delay, or transactions would be hard, or there is always a waiting time for us. We should know what is the cause of delaying of unconfirmed transactions would be.

Gleb Gamow

vip

Activity: 1428

Merit: 1145

Quote from: sportypants on February 08, 2017, 11:09:53 PM

Been USING (as in not trading or hoarding) BTC for a few years now, and just had my first 24 hour delay on 2 payments. So let me get this straight - aside from the instability of the price, the exchange fees /growing transaction costs - I have to deal with the uncertainty of when my payment will arrive?

Angry

For what it's worth, at least the network is being protect by nodes mostly in China, where also the primary exchanges are based manipulating the price.

Some people you just can't make happy. Tongue

sportypants

newbie

Activity: 2

Merit: 0

Been USING (as in not trading or hoarding) BTC for a few years now, and just had my first 24 hour delay on 2 payments. So let me get this straight - aside from the instability of the price, the exchange fees /growing transaction costs - I have to deal with the uncertainty of when my payment will arrive?

Angry

Gleb Gamow

vip

Activity: 1428

Merit: 1145

Quote from: Wind_FURY on February 08, 2017, 10:25:03 PM

Quote from: Gleb Gamow on February 08, 2017, 12:50:12 AM

Quote from: Wind_FURY on February 07, 2017, 10:43:18 PM

Quote from: Gleb Gamow on February 07, 2017, 12:51:30 AM

Quote from: Wind_FURY on February 06, 2017, 11:06:40 PM

https://blockchain.info/charts/mempool-count

The network spammers are back. Over 50,000 unconfirmed transactions again. I should have checked the mempool before sending some coins. Does anyone have a clue who or what is happening? Could the spammers be on the side of the big blockers or core? I can see people from both sides arguing that it is caused by one with the opposing group.

"Greetings, Mempool Alpha. We are currently blocking all transactions. Tatamis Hookason, out."

lmao! nice.

To my campaign manager please do not pay me for this post. Gleb might get mad at me again, I only want to laugh at his joke.

Did you decipher Tatamis Hookason? Wink

I am not sure if I got it right. Is he a loner, hates crowds, prefers to be anonymous, a brilliant thinker, maybe likes to code in his free time and he wants to become a Japanese?

You are so wright!

Wind_FURY

legendary

Activity: 2898

Merit: 1823

Quote from: Gleb Gamow on February 08, 2017, 12:50:12 AM

Quote from: Wind_FURY on February 07, 2017, 10:43:18 PM

Quote from: Gleb Gamow on February 07, 2017, 12:51:30 AM

Quote from: Wind_FURY on February 06, 2017, 11:06:40 PM

https://blockchain.info/charts/mempool-count

The network spammers are back. Over 50,000 unconfirmed transactions again. I should have checked the mempool before sending some coins. Does anyone have a clue who or what is happening? Could the spammers be on the side of the big blockers or core? I can see people from both sides arguing that it is caused by one with the opposing group.

"Greetings, Mempool Alpha. We are currently blocking all transactions. Tatamis Hookason, out."

lmao! nice.

To my campaign manager please do not pay me for this post. Gleb might get mad at me again, I only want to laugh at his joke.

Did you decipher Tatamis Hookason? Wink

I am not sure if I got it right. Is he a loner, hates crowds, prefers to be anonymous, a brilliant thinker, maybe likes to code in his free time and he wants to become a Japanese?

lurker10

sr. member

Activity: 378

Merit: 250

Quote from: sportis on February 08, 2017, 11:19:40 AM

Do you really believe that bitcoin users have tremendously increased last two weeks?

When blocks run at 99% capacity, it only takes a small 2% increase in usage to fill blocks full and create a growing backlog of users queuing up to take this bus that is too small to let them all inside.

darklus123

hero member

Activity: 1246

Merit: 588

Did the situation cleared/solved? Or did become more worst. Tho i was shcoked because i havent experience any problem that regards to my transaction during that day

Topic: More than 50,000 unconfirmed transactions (Read 16779 times)