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Topic: Stress test is underway - Watch your fees. - page 3. (Read 5210 times)

legendary
Activity: 1512
Merit: 1012
September 11, 2015, 09:00:52 AM
#66
https://blockchain.info/unconfirmed-transactions

26 000 transactions in waiting queue.

66Mb block to liquidate this.
legendary
Activity: 1512
Merit: 1012
hero member
Activity: 756
Merit: 500
September 11, 2015, 07:45:42 AM
#64
i imported a 2 btc key to my wallet, got soo happy. then i couldn't sweep it
hero member
Activity: 756
Merit: 500
September 11, 2015, 07:26:49 AM
#63
its currently at 24.5k unconfirmed tx 64mb. it says that transactions per second are 0.55?? is that accurate
legendary
Activity: 3430
Merit: 3080
September 11, 2015, 07:19:11 AM
#62
I've been doing transactions non stop during the last hours and all of them have been confirmed in the next block.

Stress test? Zero fucks were given by Bitcoin.

Indeed I haven't noticed that so called stress test too Smiley I just read about it by my transactions were confirming as usually during last 24h.

:-)

Best regards.

You guys probably used old outputs in your transactions. Old outputs displace newer outputs when the transactions get mined, according to standard priority settings in Bitcoin Core. Good idea to keep old unspent coin around for these spam attacks, there are a hell of alot of variables the spammers cannot manipulate like that.

As far as the Core client goes, there was a patch to mitigate these attacks in the Core git repo a few weeks ago, but I guess it's either still being tested or got shelved. Can't rush this stuff unfortunately, introducing new problems when you're supposed to be solving them is not the idea.
legendary
Activity: 1386
Merit: 1009
September 11, 2015, 06:10:38 AM
#61
imho if you can't send a dust transaction with no fee in a meaningful time, bitcoin has lost it's purpuse.
Sorry, but it seems you are one of those misunderstanding Bitcoin's original purpose. It's made as trustless, censorship-resistant money, not as free payment system.
legendary
Activity: 1442
Merit: 1016
September 11, 2015, 05:33:33 AM
#60
I will reduce my Bitcoin transactions as much as possible during this "stress test". There was enough time to prepare myself and I did that.
hero member
Activity: 798
Merit: 1000
Move On !!!!!!
September 11, 2015, 04:35:24 AM
#59
You guys are aware that Coinwallet isn't even spamming the network (well they are not spamming theoretically, but they still are spamming in the sense). They are just giving away free bitcoins located in many different addresses, they are providing private keys for these addresses. What's clogging up the network actually is human greed, many users are trying to claim these free coins. Essentially, Bitcoin users are destroying its own network at the moment.

Pretty clever, ha? If they were not ranting all over the place how they will spam and they just did this "giveaway" we wouldn't even blame them for nothing. But now we know that they are bunch of bastards which just found another way to spam anyways.

If you want your transaction to confirm, just send with bigger fee.

I actually didn't realized that.  I haven't looked into the details of the "stress tests".  But what do you mean when you say "giving away the private keys"?
look here: https://bitcointalksearch.org/topic/coinwalleteu-stress-test-cancelled-bitcoin-giveaway-1175321

they are given away free privatekeys for anyone to sweep...creating thousands of transactions and doublespent attempts

So how do the people trying to sweep this actually think they will be making any money at all? All this trouble for a couple of cents?

They are including private keys with different amounts on them. Apparently they will post thousands of these addresses, at least that's what they said. For example, yesterday night they have posted 5 addresses with 0.53 BTC in each of the five. So yes, some are containing cents while some are containing more serious amounts.

Over 200 BTCs will be "given away" to the community.

But they cannot take more than 0.001 or something out of it at a time right? So most probably, anybody trying to sweep this stuff will not be able to make anything close to the 0.53 btc in the wallet?

Not sure, I think that you can if you know what you are doing and if you are using scripts. It seems to me that the F2Pool did something similar, they actually helped unclog the network. The thing is that majority of these coins that you do sweep will be spent on fees. At least that's how I understood it, somebody correct me if I am wrong.

Also F2Pool got these fees back from sweeping this dust, since they are huge mining pool that mines many blocks. So for them, it was a win-win combination, also for the whole network.
legendary
Activity: 1680
Merit: 1010
Professional Native Greek Translator (2000+ done)
September 11, 2015, 04:26:53 AM
#58
these stress tests are getting anoying.
legendary
Activity: 1764
Merit: 1000
September 11, 2015, 04:33:13 AM
#58
Coinwallet really a headache , Thanks OP for informing About the situation , i guess 0.00025BTC will be decent fee , moreover the Guys who are Trading it is much important to Tag a decent fee with the transaction as all depends upon confirming a request.

well, there are many wallets that adjust tx fees automatically.

electrum, ninkip2p, mycelium to name some. no idea why blockchain.info doesn't offer this kind of option though
hero member
Activity: 490
Merit: 500
~ScapeGoat~
September 11, 2015, 04:10:46 AM
#57
Coinwallet really a headache , Thanks OP for informing About the situation , i guess 0.00025BTC will be decent fee , moreover the Guys who are Trading it is much important to Tag a decent fee with the transaction as all depends upon confirming a request.
legendary
Activity: 924
Merit: 1002
September 11, 2015, 04:06:48 AM
#56
I issued several transaction in past few days. All of them were confirmed within few minutes without any problem. I did not increased my fee, just use what my Multibit HD calculate.
I see no issue so far  Wink
newbie
Activity: 30
Merit: 0
September 11, 2015, 03:47:26 AM
#55
So what would be the best strategy to get btc out of the exchanges like Bitstamp or btc-e, since i can not control how much they pay on transaction. A thing that is starting to worry me. Otherwise your money is just locked down in the exchanges.

Hi BNO, Molly from CoinCorner here. Many exchanges (like ourselves) have increased the transaction fees to ensure that our customers experience minimal disruption. There's a post over on Reddit that lists some of the exchanges and their plans: https://www.reddit.com/r/Bitcoin/comments/3j885a/upcoming_stress_test_and_how_this_affects_wallets/ Smiley
full member
Activity: 172
Merit: 100
contracorriente
September 11, 2015, 03:22:46 AM
#54
All this is BS, they will need lots of money to colapse the network, and in the worst case all will be ok in few hours, what a waste of money  Cheesy

Let them trow their bitcoins they will cry next year, there will be a solution for scalability soner or later... and halving... and diff mooning lol
legendary
Activity: 2212
Merit: 1199
September 11, 2015, 03:19:43 AM
#53
I've been doing transactions non stop during the last hours and all of them have been confirmed in the next block.

Stress test? Zero fucks were given by Bitcoin.

Indeed I haven't noticed that so called stress test too Smiley I just read about it by my transactions were confirming as usually during last 24h.

:-)

Best regards.
legendary
Activity: 1148
Merit: 1018
September 11, 2015, 03:13:16 AM
#52
I've been doing transactions non stop during the last hours and all of them have been confirmed in the next block.

Stress test? Zero fucks were given by Bitcoin.
legendary
Activity: 1946
Merit: 1007
September 11, 2015, 01:49:13 AM
#51
You guys are aware that Coinwallet isn't even spamming the network (well they are not spamming theoretically, but they still are spamming in the sense). They are just giving away free bitcoins located in many different addresses, they are providing private keys for these addresses. What's clogging up the network actually is human greed, many users are trying to claim these free coins. Essentially, Bitcoin users are destroying its own network at the moment.

Pretty clever, ha? If they were not ranting all over the place how they will spam and they just did this "giveaway" we wouldn't even blame them for nothing. But now we know that they are bunch of bastards which just found another way to spam anyways.

If you want your transaction to confirm, just send with bigger fee.

I actually didn't realized that.  I haven't looked into the details of the "stress tests".  But what do you mean when you say "giving away the private keys"?
look here: https://bitcointalksearch.org/topic/coinwalleteu-stress-test-cancelled-bitcoin-giveaway-1175321

they are given away free privatekeys for anyone to sweep...creating thousands of transactions and doublespent attempts

So how do the people trying to sweep this actually think they will be making any money at all? All this trouble for a couple of cents?

They are including private keys with different amounts on them. Apparently they will post thousands of these addresses, at least that's what they said. For example, yesterday night they have posted 5 addresses with 0.53 BTC in each of the five. So yes, some are containing cents while some are containing more serious amounts.

Over 200 BTCs will be "given away" to the community.

But they cannot take more than 0.001 or something out of it at a time right? So most probably, anybody trying to sweep this stuff will not be able to make anything close to the 0.53 btc in the wallet?
hero member
Activity: 714
Merit: 500
September 11, 2015, 01:45:35 AM
#50
And what are the mighty Core developers doing against it? Sitting in their ivory tower drinking Frappuccino? (oh wait, the Frappuccino part, was the other guy)

It's all nice saying, that they have proven their point with the previous test, but was it really received? I am not aware, that there are solutions developed to this problem(at least not in a timely manner).
legendary
Activity: 1764
Merit: 1000
September 11, 2015, 01:43:40 AM
#49
yeah whatever, just use 0.0005 tx fee and move on. it's only a matter of time until people lose interest on the "free" giveaway
legendary
Activity: 3542
Merit: 1965
Leading Crypto Sports Betting & Casino Platform
September 11, 2015, 01:04:19 AM
#48
RustyNomad, ideal under abnormal circumstances is not the real ideal fee's. These a$$holes have turned the Bitcoiners against each other to execute the attack for them. In the end, they can wash their hands and blame the greedy community. A company with balls will take full responsibility for their actions and not hide behind dirty tricks like this to protect themselves.

This is the most cowardly act, I have seen since the fake MtGox hack.   Angry
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