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Topic: transaction with zero fee (Read 4565 times)

legendary
Activity: 3430
Merit: 1548
Get loan in just five minutes goo.gl/8WMW6n
July 12, 2015, 08:47:42 AM
#55
because the problem is solved, that to avoid spamming I lock this topic.
hero member
Activity: 546
Merit: 500
July 12, 2015, 08:11:26 AM
#54
Just wait for a week or two, and your trans. will be confirmed  Cheesy Grin

The next post I see from you like this will be reported to the signature campaign owners you're in.
legendary
Activity: 3430
Merit: 1548
Get loan in just five minutes goo.gl/8WMW6n
July 11, 2015, 02:46:25 AM
#53
I don't really know if it even worth it to try to send a transaction with no fee. I've heard stories where I might take like 4 days or more for the transaction to confirm. I mean the total savings that you get $.05 USD and I know money is tight in this economy but in my opinion, it really isn't worth the savings
all very conditional, $ 5 cent not big loss if you sometime send hundreds $ , but huge, if you daytrade with small amount. Grin ( exp.: 5 cent =5% from $1)
full member
Activity: 140
Merit: 100
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July 10, 2015, 08:42:05 PM
#52
I don't really know if it even worth it to try to send a transaction with no fee. I've heard stories where I might take like 4 days or more for the transaction to confirm. I mean the total savings that you get $.05 USD and I know money is tight in this economy but in my opinion, it really isn't worth the savings
full member
Activity: 210
Merit: 104
“Create Your Decentralized Life”
July 10, 2015, 05:54:32 PM
#51
Isn't there something called the replace by fee patch which miners can accept the transaction with more fee than the transaction with less fee? Most mining pool didn't implement that. IIRC, most miners only accept the transaction which reaches their node first and most nodes only relay transactions with inputs that aren't already in your mempool. The 1 block fee can be quite high if the network load is high. If an attacker stresses the network with high fees, your transactions will get pushed down to the bottom unless you are willing to pay a premium.

IRC, RBF could be done either as a kind of double spend (term was actually countermeasure), or a type of multisig.  In the countermeasure you broadcast a TX with higher fees to "replace" the one with lower fees.  There is some magic that has to happen on the input output balancing to make it fraud resistant.

The multisig RBF case is where you allow people to add inputs to the transaction to cover fees.  Requires a special sig bit.

CPFP seems to be implemented on Eligius pool, so if you attempt a CPFP then you have a fair chance that Eligius will pick it up whenever the win a block.

That is exactlly what happened with this transaction.  Eventually Eligius picked it up.
https://blockchain.info/tx/4cc3e2b6407ae8cdc1fd62cb3235f9c92654277684da8970db19a0169e44c68c


Still got you beat... going on 4 days
[89 hrs] Who has the mempool unconfirmed TX highscore? [week of Jul 5th]

I'm tempted to sweep it, but don't want to loose my high score Wink
newbie
Activity: 27
Merit: 0
July 10, 2015, 02:47:53 PM
#50
legendary
Activity: 3038
Merit: 4418
Crypto Swap Exchange
July 03, 2015, 09:59:03 AM
#49
any idea what to do except waiting or praying?

Yes... I'm thinking this might work...


Basic Idea is that you swipe the unconfirmed transaction to another address you own.  Most wallets actually have many addresses in the pool.  Anyway, when you swipe the unconfirmed transaction, you put a real juicy TX fee on your swipe TX.  Point is for a miner to claim the juicy swipe TX, they have to confirm your floating TX with it.

Basically you pay a bounty for a miner to mine your incoming transactions.  That's the BIP anyway.

I know I sound like a broken record on this, hopefully once I run some tests on testnet3 I can back it up with some code or results... Just a proposal based on theory right now.

EDIT On Bitcoin-Qt v0.10.2, when you prepare your SEND transaction, there is a button for "Choose Fee".  Default is 25 blocks for confirmation, if you max it out, it claims you will get confirmations in 1 block.


Isn't there something called the replace by fee patch which miners can accept the transaction with more fee than the transaction with less fee? Most mining pool didn't implement that. IIRC, most miners only accept the transaction which reaches their node first and most nodes only relay transactions with inputs that aren't already in your mempool. The 1 block fee can be quite high if the network load is high. If an attacker stresses the network with high fees, your transactions will get pushed down to the bottom unless you are willing to pay a premium.
ahh, now in same shoes like OP since yesterday:) anyway, size is just 192 bytes and 0.1BTC

https://blockchain.info/tx/422e8d93ea7772297343fc2a939c6358022d99b45c7703d23bc81400c4d93072

any idea what to do except waiting or praying?


Nothing. Even though it is small and the outputs are of a good size, your coin age is low. The coin age resets everytime the inputs is used so your input's coin age gets low. If you want fast confirmation, use at least 0.00001 BTC as a fee.
legendary
Activity: 1036
Merit: 1001
/dev/null
July 03, 2015, 05:18:10 AM
#48
ahh, nevermind, transaction has been confirmed couple of hours ago (after almost 2 days). next time, I will do it on purpose and try to swipe it:)
full member
Activity: 210
Merit: 104
“Create Your Decentralized Life”
July 02, 2015, 08:59:33 PM
#47
any idea what to do except waiting or praying?

Yes... I'm thinking this might work...


Basic Idea is that you swipe the unconfirmed transaction to another address you own.  Most wallets actually have many addresses in the pool.  Anyway, when you swipe the unconfirmed transaction, you put a real juicy TX fee on your swipe TX.  Point is for a miner to claim the juicy swipe TX, they have to confirm your floating TX with it.

Basically you pay a bounty for a miner to mine your incoming transactions.  That's the BIP anyway.

I know I sound like a broken record on this, hopefully once I run some tests on testnet3 I can back it up with some code or results... Just a proposal based on theory right now.

EDIT On Bitcoin-Qt v0.10.2, when you prepare your SEND transaction, there is a button for "Choose Fee".  Default is 25 blocks for confirmation, if you max it out, it claims you will get confirmations in 1 block.

legendary
Activity: 3430
Merit: 1548
Get loan in just five minutes goo.gl/8WMW6n
July 02, 2015, 06:27:49 PM
#46
ahh, now in same shoes like OP since yesterday:) anyway, size is just 192 bytes and 0.1BTC

https://blockchain.info/tx/422e8d93ea7772297343fc2a939c6358022d99b45c7703d23bc81400c4d93072

any idea what to do except waiting or praying?



I think you follow my footsteps Grin, so much faster.
cheers
legendary
Activity: 1036
Merit: 1001
/dev/null
July 02, 2015, 06:10:15 PM
#45
ahh, now in same shoes like OP since yesterday:) anyway, size is just 192 bytes and 0.1BTC

https://blockchain.info/tx/422e8d93ea7772297343fc2a939c6358022d99b45c7703d23bc81400c4d93072

any idea what to do except waiting or praying?

full member
Activity: 210
Merit: 104
“Create Your Decentralized Life”
July 02, 2015, 05:49:13 PM
#44
I made a proposal to have "bounty" transactions crafted that would incentive miners to pick up someone's stale transaction.

Possibly better than re-sending and starting a "double spend" war.

Proposal: https://lists.linuxfoundation.org/pipermail/bitcoin-dev/2015-July/009304.html
PrettyPrint: https://github.com/d4n13/bips/blob/master/bip-00nn.mediawiki

hero member
Activity: 504
Merit: 500
June 29, 2015, 06:43:01 PM
#43
Transaction with zero fee its a awesome idea can be in the banking systems. Will be revolution in the economical world and everyone will do very appropriate and other side in the banking systems will become destroy if it is possible.  Everybody want to get  skip from this banking high transactional fee systems as well as normally. For all kinds of people its can be very useful and essentials,  how sooner as possible its should be available in banking line..


Well its absolutely very appreciate to  transaction with zero fee its a awesome idea can be in the banking systems. Will be revolution in the economical world and everyone will do very appropriate and other side in the banking systems will become destroy if it is possible.  Everybody want to get  skip from this banking high transactional fee systems as well as normally. For all kinds of people its can be very useful and essentials,  how sooner as possible its should be available in banking line peoples will much appreciate about this great opportunities.   

Reported. Quoted for referrence.
legendary
Activity: 3038
Merit: 4418
Crypto Swap Exchange
June 27, 2015, 04:45:53 AM
#42
now we know why the transaction can't confirmed perfect Smiley

Warning! this transaction is a double spend. You should be extremely careful when trusting any transactions to/from this sender. 91755764
https://blockchain.info/tx-index/91755764
Read the whole thread first please and avoid posting posts without meaning. The double spend is a result of OP spending from the same input of a transaction that was supposedly forgotten by the mempool. The new transaction is here https://blockchain.info/tx/e56440fd36d11415bb2cb6db835139a09034cbfc8eb7866fc619ba7ac149786a
full member
Activity: 149
Merit: 100
In God Im Trust
June 27, 2015, 04:37:27 AM
#41
now we know why the transaction can't confirmed perfect Smiley

Warning! this transaction is a double spend. You should be extremely careful when trusting any transactions to/from this sender. 91755764
https://blockchain.info/tx-index/91755764
legendary
Activity: 3430
Merit: 1548
Get loan in just five minutes goo.gl/8WMW6n
June 27, 2015, 04:16:28 AM
#40
yes, now know, but to later Smiley when I have chose direct, me pop up warning about possible loss, and I chose sweep Smiley
hero member
Activity: 504
Merit: 500
June 26, 2015, 08:35:32 PM
#39
done Undecided, now must wait until transaction disappeared from blockchain? and  then import p.key again?

yes thats it. you should wait for the transaction to disappear in the chain then you can import your private key again. i've done this in the past, before i realized this trick i waited for sometime like 3weeks
thanks Hexcoin  and others who helped me with this issue, finally I recover my amount, I had some problems with import p.key(full copy-paste not works, I took only part from key), and small amount 10k satoshi missing(maybe fee)becouse I sweep key to other address.

Sweep key will send all the amount in that private key's bitcoin address to your currently owned address so it will take 10k satoshi as fee

If you chose import directly you wouldn't pay for any transaction fee and you will have the control over your address again
hero member
Activity: 672
Merit: 500
June 26, 2015, 06:38:29 PM
#38
thanks Hexcoin  and others who helped me with this issue, finally I recover my amount, I had some problems with import p.key(full copy-paste not works, I took only part from key), and small amount 10k satoshi missing(maybe fee)becouse I sweep key to other address.

Glad it worked out fine for you. You don't need to the fear that the seller won't send them back to you. Your resend to another address went through and was confirmed in 75 minutes!

The 0.0001 was used for fee as seen here:
https://blockchain.info/tx/e56440fd36d11415bb2cb6db835139a09034cbfc8eb7866fc619ba7ac149786a

legendary
Activity: 3430
Merit: 1548
Get loan in just five minutes goo.gl/8WMW6n
June 26, 2015, 04:26:52 PM
#37
done Undecided, now must wait until transaction disappeared from blockchain? and  then import p.key again?

yes thats it. you should wait for the transaction to disappear in the chain then you can import your private key again. i've done this in the past, before i realized this trick i waited for sometime like 3weeks
thanks Hexcoin  and others who helped me with this issue, finally I recover my amount, I had some problems with import p.key(full copy-paste not works, I took only part from key), and small amount 10k satoshi missing(maybe fee)becouse I sweep key to other address.
hero member
Activity: 504
Merit: 500
June 25, 2015, 08:16:48 AM
#36
done Undecided, now must wait until transaction disappeared from blockchain? and  then import p.key again?

yes thats it. you should wait for the transaction to disappear in the chain then you can import your private key again. i've done this in the past, before i realized this trick i waited for sometime like 3weeks
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