Pages:
Author

Topic: Should I worry? - page 2. (Read 1512 times)

hero member
Activity: 714
Merit: 503
July 09, 2015, 02:32:26 AM
#5
I am not worried at all
You mean stress test?

That will only affect to the time of confirmations and not anything else
sr. member
Activity: 476
Merit: 251
July 09, 2015, 02:23:04 AM
#4
The test was to see how many transactions the bitcoin network can handle simultaneously and what effects this would have on the network as a whole. If you are worrying that you lose coins due to this, then you probably shouldn't. However, there are a range of other things that can influence the BTC price.

Some transactions may be slower or in the worst case get stuck/rejected. With future block size increase more transaction can be included in a single block and the network will be able to accommodate many more transactions in the same time frame.

You can read more about such tests
http://www.coindesk.com/bitcoin-network-survives-stress-test/
http://www.newsbtc.com/2015/06/24/bitcoin-network-stress-test-results/
legendary
Activity: 1484
Merit: 1001
Personal Text Space Not For Sale
July 09, 2015, 02:19:46 AM
#3
Nothing to worry about. The Bitcoin network is backed up by many people around the world. If you're referring to the blockchain splitting, use a Bitcoin Core 0.10.x or 0.9.5 should be fine. If you dont want to download the whole blockchain, MyCelium for Android is also good.
sr. member
Activity: 294
Merit: 250
★YoBit.Net★ 200+ Coins Exchange & Dice
July 09, 2015, 02:17:14 AM
#2
No problem, just read the news in the head of the forum,  If you are using any wallet other than Bitcoin Core 0.10.x or 0.9.5, then you should not trust incoming transactions until they have ~30 confirmations
newbie
Activity: 53
Merit: 0
July 09, 2015, 01:54:21 AM
#1
I am relatively new to bitcoin and have been building up a nice little stash over the last few months.
With all this talk of an attack/test on the blockchain I am starting to have doubts about buying more.
Am I worrying about nothing?
Pages:
Jump to: