Unconfirmed Transactions Problem - page 7.

perris21

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Quote from: JayJuanGee on October 26, 2016, 05:22:08 PM

Quote from: perris21 on October 26, 2016, 05:07:42 PM

and so we are just waiting now without no action? 24 hours more still unconfirmed . it is really not good for small business.

Yes..... The number of unconfirmed transactions building up in the mempool seems to be at an all time high, approaching 30 million bytes.

https://blockchain.info/charts/mempool-size?timespan=30days

My unconfirmed transaction from yesterday was about 1,700 bytes, and is now about 25 hours old, with still no confirmations.

By the way, my transaction fee was calculated by a default Mycellium wallet setting at .00085844 BTC (about $.56 and about 51 satoshis per byte - by the way the transmission was a value of a bit more than 2.56 BTC).

Surely, I am looking forward to hearing some kind of official report regarding what is happening and what kinds of actions are being taken to attempt to address this seemingly ongoing spam attack issue......

i tried to contact blockchain and the answer they said they dont have authority of this problem..... i have no idea now..

JayJuanGee

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Self-Custody is a right. Say no to"Non-custodial"

Quote from: perris21 on October 26, 2016, 05:07:42 PM

and so we are just waiting now without no action? 24 hours more still unconfirmed . it is really not good for small business.

Yes..... The number of unconfirmed transactions building up in the mempool seems to be at an all time high, approaching 30 million bytes.

https://blockchain.info/charts/mempool-size?timespan=30days

My unconfirmed transaction from yesterday was about 1,700 bytes, and is now about 25 hours old, with still no confirmations.

By the way, my transaction fee was calculated by a default Mycellium wallet setting at .00085844 BTC (about $.56 and about 51 satoshis per byte - by the way the transmission was a value of a bit more than 2.56 BTC).

Surely, I am looking forward to hearing some kind of official report regarding what is happening and what kinds of actions are being taken to attempt to address this seemingly ongoing spam attack issue......

perris21

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Activity: 9

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and so we are just waiting now without no action? 24 hours more still unconfirmed . it is really not good for small business.

JayJuanGee

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Activity: 3920

Merit: 11299

Self-Custody is a right. Say no to"Non-custodial"

Quote from: rizzlarolla on October 26, 2016, 03:22:02 PM

Quote from: JayJuanGee on October 26, 2016, 01:26:58 PM

Quote from: skierchewing on October 26, 2016, 12:35:20 PM

If it is saturated, that's because people is using Bitcoin. Bitcoin wasn't intented to be instant, never. That's more a store of value. For one second transactions, use altcoins.

If it were actual organic usage that was causing the delays and the backlog, then it would be understandable that there is some kind of seeming emergency and something needs to be done in order to make it better.

This current and ongoing situation does not appear to be any kind of organic usage situation.

Accordingly, yesterday, about 24 hours ago, as I type, there was a sudden and unexplained spike in the transactions and ongoing jam.. A very similar thing happened last week, but it seemed to have been resolved in less than 12 hours. Anyhow, the current blockages appear more as if they are attempts at sabotage in order to cause impressions of some kind of emergency situation that does not in reality exist, except for the purposeful, malicious and currently ongoing attack/sabotage.

"there was a sudden and unexplained spike". duh... Like no one want to use bitcoin.
"A very similar thing happened last week," Oh, so this sudden and unexplained spike is not such a surprise.

"the current blockages appear more as if they are attempts at sabotage in order to cause impressions of some kind of emergency situation that does not in reality exist" Mostly innocent free paying bitcoiners. 32,000 paying 40sat/byte or MORE at time of writing.

It cant be happening man! Pull ya head out of the sand.

Edit - 50 40 sat/byte

I would call it skepticism.

There has been a considerable amount of misinformation and disinformation coming from the big blocker camp, and I have also read about spam attacks.

It does not look like organic growth to me, as many big blocker folks seem to be wanting to argue.

In other words, if this happens to be real, then the crying of wolf by many big blockers has undermined the credibility of such assertions and I am not going to buy into those claims without further and better evidence.

Here's the 1 week:

https://blockchain.info/charts/mempool-size?timespan=1week

You can also zoom out to the 1 month. Those depictions of the mempool backlog does not look organic to me, no matter how much you attempt to assert that it is.

Are you also arguing that an immediate increase to 2mb would likely resolve the issue? with a gun to the head of those folks with transactions pending?

Looarn

sr. member

Activity: 560

Merit: 250

What happend to this block : Bloc 435981

size 0% in a rush time, that is very strange to me.

If someone has an explanation ?

Source : https://fr.kaiko.com/block/000000000000000002eb076392586c5b034ba3826ff6adb459bc57db4191943e

EDIT : I think I understand it's a reward, but why it is not added to other transaction ? (Maybe a way to optimize a bit the blocsize use.)

Carlton Banks

legendary

Activity: 3430

Merit: 3080

Quote from: hv_ on October 26, 2016, 03:48:39 PM

Are there fees in those txs?
I guess there are. So it will be a game theo task to the miners to switch to BU and earn that extra honey first and we will see a run....

Why would they do that? Scarcer transactions means the aggregated fees will be higher for the miners, not lower. They would need more actual people transacting for the same blocksize for the math to make that true. All that happens if you multiply the space is that you divide the fee rate by the same factor, hence miners make the same amount of BTC irrespective of the blocksize.

If those transactions aren't spam, the real people doing their real business need that money sent, so the miners make more money if they just wait while they pick them off. Any more shilling for coup attempts you'd like to treat us to?

matt4054

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Activity: 1946

Merit: 1035

Quote from: hv_ on October 26, 2016, 03:48:39 PM

Quote from: matt4054 on October 26, 2016, 03:17:11 PM

It's not an attack, again, it's just the result of saturation on the blockchain.

The recent price increase has resulted in a high amount of transactions, much higher than the regular volume. As a result, you are now seeing over 60k transactions that have built up on the queue:

https://www.bitcoinqueue.com/details/4d.html

Are there fees in those txs?
I guess there are. So it will be a game theo task to the miners to switch to BU and earn that extra honey first and we will see a run....

Yes the fee breakdown is in the key frame at the bottom in sat/B

hv_

legendary

Activity: 2534

Merit: 1055

Clean Code and Scale

Quote from: matt4054 on October 26, 2016, 03:17:11 PM

It's not an attack, again, it's just the result of saturation on the blockchain.

The recent price increase has resulted in a high amount of transactions, much higher than the regular volume. As a result, you are now seeing over 60k transactions that have built up on the queue:

https://www.bitcoinqueue.com/details/4d.html

Are there fees in those txs?
I guess there are. So it will be a game theo task to the miners to switch to BU and earn that extra honey first and we will see a run....

rizzlarolla

hero member

Activity: 812

Merit: 1001

Quote from: JayJuanGee on October 26, 2016, 01:26:58 PM

Quote from: skierchewing on October 26, 2016, 12:35:20 PM

If it is saturated, that's because people is using Bitcoin. Bitcoin wasn't intented to be instant, never. That's more a store of value. For one second transactions, use altcoins.

If it were actual organic usage that was causing the delays and the backlog, then it would be understandable that there is some kind of seeming emergency and something needs to be done in order to make it better.

This current and ongoing situation does not appear to be any kind of organic usage situation.

Accordingly, yesterday, about 24 hours ago, as I type, there was a sudden and unexplained spike in the transactions and ongoing jam.. A very similar thing happened last week, but it seemed to have been resolved in less than 12 hours. Anyhow, the current blockages appear more as if they are attempts at sabotage in order to cause impressions of some kind of emergency situation that does not in reality exist, except for the purposeful, malicious and currently ongoing attack/sabotage.

"there was a sudden and unexplained spike". duh... Like no one want to use bitcoin.
"A very similar thing happened last week," Oh, so this sudden and unexplained spike is not such a surprise.

"the current blockages appear more as if they are attempts at sabotage in order to cause impressions of some kind of emergency situation that does not in reality exist" Mostly innocent free paying bitcoiners. 32,000 paying 40sat/byte or MORE at time of writing.

It cant be happening man! Pull ya head out of the sand.

Edit - 50 40 sat/byte

matt4054

legendary

Activity: 1946

Merit: 1035

It's not an attack, again, it's just the result of saturation on the blockchain.

The recent price increase has resulted in a high amount of transactions, much higher than the regular volume. As a result, you are now seeing over 60k transactions that have built up on the queue:

https://www.bitcoinqueue.com/details/4d.html

LGD2Business

legendary

Activity: 2548

Merit: 1519

What kind of attack is this? Last 1 hour we didn't see any new block and Unconfirmed Transactions reached to maybe all time high 60.000. I've never seen something like that before.
Total Fees   25,981.56222966 BTC
Total Size   29825.55 (KB)
Transactions Per Second   2.6

tarrioin

newbie

Activity: 22

Merit: 0

Summary
Size   966 (bytes)
Fee Rate   0.00041407867494824016 BTC per kB
Received Time   Oct 26, 2016 9:27:51 PM
Mined Time   N/A
Included in Block   Unconfirmed

Summary
Size   371 (bytes)
Fee Rate   0.0005 BTC per kB
Received Time   Oct 26, 2016 9:56:28 PM
Mined Time   N/A
Included in Block   Unconfirmed
LockTime   435928

Summary
Size   372 (bytes)
Fee Rate   0.0005 BTC per kB
Received Time   Oct 26, 2016 9:56:34 PM
Mined Time   N/A
Included in Block   Unconfirmed
LockTime   435928

I'm just going to and 18 hours for this trasacción in which I am sending money to a company for an investment.
I did it for Xapo so I do not really see that payment rates until the order command.
I did not find any option to upload the commission.
Although I do not think this is the solution because if we all climbed 45000 share transactions will be staying the same.

In all this time using BitCoins is the first time it happens!
How do I use an online wallet and thought that something had happened to the company because it has more outstanding payment.
But then I saw that is generic.

The strange thing is that 7 transactions. 4 have been made and only 3 are waiting for more than 18 hours.

JayJuanGee

legendary

Activity: 3920

Merit: 11299

Self-Custody is a right. Say no to"Non-custodial"

Quote from: skierchewing on October 26, 2016, 12:35:20 PM

If it is saturated, that's because people is using Bitcoin. Bitcoin wasn't intented to be instant, never. That's more a store of value. For one second transactions, use altcoins.

If it were actual organic usage that was causing the delays and the backlog, then it would be understandable that there is some kind of seeming emergency and something needs to be done in order to make it better.

This current and ongoing situation does not appear to be any kind of organic usage situation.

Accordingly, yesterday, about 24 hours ago, as I type, there was a sudden and unexplained spike in the transactions and ongoing jam.. A very similar thing happened last week, but it seemed to have been resolved in less than 12 hours. Anyhow, the current blockages appear more as if they are attempts at sabotage in order to cause impressions of some kind of emergency situation that does not in reality exist, except for the purposeful, malicious and currently ongoing attack/sabotage.

skierchewing

sr. member

Activity: 338

Merit: 250

If it is saturated, that's because people is using Bitcoin. Bitcoin wasn't intented to be instant, never. That's more a store of value. For one second transactions, use altcoins.

pPurkey

newbie

Activity: 32

Merit: 0

I had to wait over 4 hours for a transaction to confirm the other day. Had a sufficient fee too.

Carlton Banks

legendary

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Merit: 3080

Quote from: MicroGuy on October 26, 2016, 12:07:15 PM

Quote from: xdrpx on October 26, 2016, 12:03:22 PM

I think there's a lot of exchanges happening because of the rise in the price of Bitcoin. But 50,000 unconfirmed transactions is fairly a lot. Does anyone here know by when will all of these transactions confirm and will it take days to do so? I'm also of the opinion that an attack on the network is in progress to fill the blocks like in the past.

Think of the block size as 1MB ram. Right now we need a memory upgrade -- big time. hehe

Think of 1MB of RAM as having the same cost and delivery schedule as rolling out FTTP fibre broadband to the majority of households worldwide. Not thinking of it the same way now, huh? lol.

Don't get me wrong, worldwide internet capacity will be able to handle blocksize expansion, likely before 2020, but not yet. That would be advocating for only the elite internet users to be able to run Bitcoin, wouldn't it?

MicroGuy

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Twitter @realmicroguy

Quote from: xdrpx on October 26, 2016, 12:03:22 PM

I think there's a lot of exchanges happening because of the rise in the price of Bitcoin. But 50,000 unconfirmed transactions is fairly a lot. Does anyone here know by when will all of these transactions confirm and will it take days to do so? I'm also of the opinion that an attack on the network is in progress to fill the blocks like in the past.

Think of the block size as 1MB ram. Right now we need a memory upgrade -- big time. hehe

~~

Recommended reading: https://www.reddit.com/r/btc/

xdrpx

hero member

Activity: 616

Merit: 603

I think there's a lot of exchanges happening because of the rise in the price of Bitcoin. But 50,000 unconfirmed transactions is fairly a lot. Does anyone here know by when will all of these transactions confirm and will it take days to do so? I'm also of the opinion that an attack on the network is in progress to fill the blocks like in the past.

Satosher

sr. member

Activity: 476

Merit: 250

So, I sold some virtual stuff for some guy, and he send moneys like 10 hours ago.

Blocktrail.com says Fee information : Not enough fee to relay

Does this mean that I won't see my moneys? Never had this kind of issues.

JayJuanGee

legendary

Activity: 3920

Merit: 11299

Self-Custody is a right. Say no to"Non-custodial"

Quote from: ?? on ??

Quote from: Carlton Banks on October 26, 2016, 11:16:01 AM

Quote from: NeuroticFish on October 26, 2016, 08:30:43 AM

Actually I believe it's a spam attack.
We've had it about a week ago too, back then the mempool rose to 23MB then and it took one day to clean up and get to normal.
Now I see again a rise to 16MB yesterday and one more started last night and still continuing, now reaching about 28MB. Somebody is clearly trying something... it's ugly and needs time to clean.. after the spam stops...

Seems like it, but that's a pretty crappy attack these days. These spam attacks used to be very disruptive, but now the mempool cleanser has been introduced (I think that was version 0.12) as well as compact blocks, the sole effect is to push fees up a little. I really hope whoever is behind it is feeling frustrated at how little they can disrupt the network these days.

I need to come visit you sometime in your alt reality. Kiss

Don't be a stupid ass, MicroGuy.

Do you actually think that spikes that happened this week and about the same time last week are merely organic pressures on the bitcoin network - and accordingly the solution is to increase the blocksize in order to accommodate "organic growth."

Get the fuck, real.

There are big blocker nutjob folks who, for some reason, believe it is wise to attack the network in order to attempt to get their way about increasing the blocksize limits. In that regard, they try to create problems.

These must be Mike Hearn rage quitter types, who really do not appreciate the value of bitcoin, and aim to undermine bitcoin in various ways...

In the end, I am not a very technical kind of guy, and so in that regard, I hope that some intermediary technical fixes can come about because it seems that once seg wit goes live then some of the blocksize limit matters will be addressed - though I am not sure if seg wit will potentially cause additional attack vectors or provide ways to lessen these attack vectors.

Topic: Unconfirmed Transactions Problem - page 7. (Read 9372 times)