Does cpfp also work on transactions with that many outputs?
CPFP relies on miners being smart enough to select the most profitable transaction. It should work just fine. 
Topic: ViaBTC free slots available [1 Jan 2024] (Read 1295 times)
A normal transaction is not 50$ in fees.
If you send it right now with 200 sat/b it costs around 14$ , I just checked on electrum.
The transaction is 1071 bytes. If you're one of the receivers and want to accelerate it, the cheapest option is to do CPFP. But I'd just wait.If you send it right now with 200 sat/b it costs around 14$ , I just checked on electrum.
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So how they can charge 680$ to include a 32 output transaction is beyond my understanding.
They add a generous profit margin for the service they provide.Does cpfp also work on transactions with that many outputs?
Anyway, using this not make any sense since pushing it via cpfp costs as much as the amount received, haha. That's like 90$ right there.
It would only make sense if everybody chips in 3$, but that won't happen.
A normal transaction is not 50$ in fees.
If you send it right now with 200 sat/b it costs around 14$ , I just checked on electrum.
The transaction is 1071 bytes. If you're one of the receivers and want to accelerate it, the cheapest option is to do CPFP. But I'd just wait.If you send it right now with 200 sat/b it costs around 14$ , I just checked on electrum.
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So how they can charge 680$ to include a 32 output transaction is beyond my understanding.
They add a generous profit margin for the service they provide. Lol this is exactly what I was expecting, the transaction fees are high and there is not escape if anyone really want to send their Bitcoin to another address, if Viabtc is going to process the transaction for free it is going to cost them too much money, they deserve to stop the service for now.
Why the need to delete it if its not going to take any space off your hardware or your smartphone? Leave it be, its time to be useful will come again, I can't remember how many times I have deleted viabtc but in the end ii always go back to open it again.
Its a useful website worth having in your bookmark, this high fee isn't their fault, and they shouldn't take the responsibility of helping people to send Bitcoin for free, it could bankrupt the company in a matter of weeks, what they are doing is big, even when the fee are cheap.
Every hours imagine they are processing transaction fee with $50 per Person, thats a lot in a single day.
A normal transaction is not 50$ in fees.
If you send it right now with 200 sat/b it costs around 14$ , I just checked on electrum. So how they can charge 680$ to include a 32 output transaction is beyond my understanding.
And 200 sat/b would be enough to get a quick confirmation at the moment.
Anyway, it is what it is. All I can do is hope for lower fees real soon!
Now that the fees have gone insane again I was thinking to use the paid service of this site if the price is reasonable but MAN WAS I WRONG EXPECTING THAT!!
I entered to txid if my recent campaign payment (obviously it has 32 outputs) and didn't believe what I saw.
The price for pushing this transaction is 680$!
I don't know what price I was expecting to see but certainly not that!!
Well, wasted 5 minutes to register there I guess, this paid service is not for me and since the free transactions are gone within 5 seconds and only cover transactions ≤0.5 KB I think it's time to delete this bookmark from my browser.
680$ !!!
Lol this is exactly what I was expecting, the transaction fees are high and there is not escape if anyone really want to send their Bitcoin to another address, if Viabtc is going to process the transaction for free it is going to cost them too much money, they deserve to stop the service for now.
Why the need to delete it if its not going to take any space off your hardware or your smartphone? Leave it be, its time to be useful will come again, I can't remember how many times I have deleted viabtc but in the end ii always go back to open it again.
Its a useful website worth having in your bookmark, this high fee isn't their fault, and they shouldn't take the responsibility of helping people to send Bitcoin for free, it could bankrupt the company in a matter of weeks, what they are doing is big, even when the fee are cheap.
Every hours imagine they are processing transaction fee with $50 per Person, thats a lot in a single day.
Now that the fees have gone insane again I was thinking to use the paid service of this site if the price is reasonable but MAN WAS I WRONG EXPECTING THAT!!
I entered to txid if my recent campaign payment (obviously it has 32 outputs) and didn't believe what I saw.
The price for pushing this transaction is 680$!
I don't know what price I was expecting to see but certainly not that!!
Well, wasted 5 minutes to register there I guess, this paid service is not for me and since the free transactions are gone within 5 seconds and only cover transactions ≤0.5 KB I think it's time to delete this bookmark from my browser.
680$ !!!
How is that supposed to work?
When I joined Bitcoin (in 2015), "coin days destroyed" was a thing. I could send any transaction up to 1 kB with 0 fees, if at least one of the inputs had at least a medium priority. I don't remember the exact thresholds, but for small inputs it took quite a while to reach medium priority. After that, it was possible to use one "medium priority" input to also include some smaller includes in a free transaction.Quote
Maybe it's because I've never actually seen CDD being used to prioritize transactions, but what is stopping someone from spamming with dormant UTXOs?
What's stopping them, is that they'll eventually run out of dormant UTXOs and have to wait for them to age again. 
We need to bring back "coin days destroyed" as a priority mechanism. It's great against spam, but doesn't benefit miners.
How is that supposed to work?
Maybe it's because I've never actually seen CDD being used to prioritize transactions, but what is stopping someone from spamming with dormant UTXOs?
I don't see any information about the new rules, due to the possible amount of acceleration during the time period. After the successful acceleration of one of my transactions, I was not allowed the next one, neither the next hour nor the next day(after 00:00)..?
Just finished doing some tests and after successfully accelerating a transaction, it kept showing the following pop-up error for a brief moment:
I just think there is some kind of limitation, whether it's for one BTC address or IP...
✔ The only workaround so far is to create a fresh account [I was able to successfully accelerate a transaction that they refused to accelerate from my original account, so it's safe to say they're not imposing those limits on our addresses].✘ I had no luck with changing my IP.
It appears that eventually, they'd be following in AntPool's footsteps [unfortunately].
So either ViaBTC's free accelerator is almost broken but they don't bother notifying users, or all those spam transactions that were being accelerated were actually done by ViaBTC itself via back channels.
There's no way I can see all the hundreds of Ordinals transactions not getting this error when using this interface to get accelerated.
You have a point, but the rate at which these restrictions are being introduced in such a short period is a clear indication that sooner or later, there'll be no free accelerators left [I hope I'm wrong].
Let's be more hopeful: maybe this makes it possible to change other limits too. At current fees, there's not really a point in using ViaBTC's accelerator.We need to bring back "coin days destroyed" as a priority mechanism. It's great against spam, but doesn't benefit miners.
Only one acceleration per account still beats being overrun by Ordinal spammers who make it impossible to use.
You have a point, but the rate at which these restrictions are being introduced in such a short period is a clear indication that sooner or later, there'll be no free accelerators left [I hope I'm wrong].I am curious to know whether an account is allocated one lifetime free transaction, or is it reset after a specific period of time?
I can happily confirm that after four days, I was able to accelerate another transaction from my main account [I didn't check on the third day, so that might be the limit]. 
What's "Nova days"? I can't find anything useful, but I'm hoping it's an accelerator I don't know yet.
I think he was trying to say "Now days" 
I just think there is some kind of limitation, whether it's for one BTC address or IP...
I think this explains why, even after over 30 minutes, there were at least 3 free transactions left out of the 20 free transactions per hour. I am curious to know whether an account is allocated one lifetime free transaction, or is it reset after a specific period of time? Nova days free slots always available.
What's "Nova days"? I can't find anything useful, but I'm hoping it's an accelerator I don't know yet.The only workaround so far is to create a fresh account
Only one acceleration per account still beats being overrun by Ordinal spammers who make it impossible to use. I don't see any information about the new rules, due to the possible amount of acceleration during the time period. After the successful acceleration of one of my transactions, I was not allowed the next one, neither the next hour nor the next day(after 00:00)..?
Just finished doing some tests and after successfully accelerating a transaction, it kept showing the following pop-up error for a brief moment:I just think there is some kind of limitation, whether it's for one BTC address or IP...
✔ The only workaround so far is to create a fresh account [I was able to successfully accelerate a transaction that they refused to accelerate from my original account, so it's safe to say they're not imposing those limits on our addresses].✘ I had no luck with changing my IP.
It appears that eventually, they'd be following in AntPool's footsteps [unfortunately].
I don't see any information about the new rules, due to the possible amount of acceleration during the time period. After the successful acceleration of one of my transactions, I was not allowed the next one, neither the next hour nor the next day(after 00:00)..?
Do you remember if the stats for remaining free slots remained zero at 00:00? this happened to me multiple times many weeks ago and I could not submit any entry since website was returning submissions are full so I had suspected viabtc was temporarily suspending the hourly resets 🤔
Nova days free slots always available. I just think there is some kind of limitation, whether it's for one BTC address or IP...
I don't see any information about the new rules, due to the possible amount of acceleration during the time period. After the successful acceleration of one of my transactions, I was not allowed the next one, neither the next hour nor the next day(after 00:00)..?
Do you remember if the stats for remaining free slots remained zero at 00:00? this happened to me multiple times many weeks ago and I could not submit any entry since website was returning submissions are full so I had suspected viabtc was temporarily suspending the hourly resets 🤔
I don't see any information about the new rules, due to the possible amount of acceleration during the time period. After the successful acceleration of one of my transactions, I was not allowed the next one, neither the next hour nor the next day(after 00:00)..?
Speaking of Viabtc:
https://mempool.space/block/0000000000000000000027d7dda32229f3e774dafd550278fa3c87a2381ceaaa
Two transactions stand out:https://mempool.space/block/0000000000000000000027d7dda32229f3e774dafd550278fa3c87a2381ceaaa
This one pays 0.05BTC in fees to send 0.03BTC and create 288 near-dust addresses (with 0.0001BTC each). I checked a few of the receiving addresses, and they're used to create even smaller dust to thousands of addresses.
The Bitcoin fee structure was supposed to prevent spam, but it fails to do that.
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internal payments and moving of coinbase coins, dunno why they do it in splits sometimes but...their business.
They're even still using legacy addresses! 
Speaking of Viabtc:
https://mempool.space/block/0000000000000000000027d7dda32229f3e774dafd550278fa3c87a2381ceaaa
This might be a reason for the cut in a free 100tx, in the last block Viabtc paid me I checked and for sure about 50-100 tx were internal payments and moving of coinbase coins, dunno why they do it in splits sometimes but...their business.
I think they were making way less in transaction fees compared to other mining pools, so it was inevitable they would cut down the slots. I even saw some miners complaining about it on Twitter and trying to compare to other mining pools.https://mempool.space/block/0000000000000000000027d7dda32229f3e774dafd550278fa3c87a2381ceaaa
This might be a reason for the cut in a free 100tx, in the last block Viabtc paid me I checked and for sure about 50-100 tx were internal payments and moving of coinbase coins, dunno why they do it in splits sometimes but...their business.
Honestly, If I was a Bitcoin miner and was looking to maximize the profits of my mining hardware, I would look for another mining pool
I'm always looking at the 10sat/vb and this is now down to 329vMB from almost 400 a week ago
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So that's -71 vMB in a week? That's the problem indeed: even without new Ordinal spam, the backlog takes forever to clear. ~
Revisiting this since despite the weekend the 10sat/b wall has gone up to 348vMB, so as I was saying, statistics, they cna come and bite you in the ass as soon as you let your mouth babble about.......and with that and sporadic spikes of over 35sat/b people might stilt take a chance on ViaBTC.
Speaking of Viabtc:
https://mempool.space/block/0000000000000000000027d7dda32229f3e774dafd550278fa3c87a2381ceaaa
This might be a reason for the cut in a free 100tx, in the last block Viabtc paid me I checked and for sure about 50-100 tx were internal payments and moving of coinbase coins, dunno why they do it in splits sometimes but...their business.
We have a big blocker here, bring the pitchforks!!!!!!!!
I already store many gigabytes of Ordinal spam in my copy of the blockchain 
I think I said it in 2017 already: I don't care how Bitcoin scales, as long as it scales. Bitcoin is almost twice as old now, and we're still looking at the same problem: the blockchain can't handle more data.
Makes you wonder what would have happened if blocks were a lot bigger: at very low fees, the Ordinal spammers could have filled hundreds of megabytes per blocks for the price they paid in some months. As a rough estimate, given big enough blocks they could have doubled the current blockchain size just by spamming in the past year. So big blocks aren't really a solution either, although at least it would keep transaction fees low for the rest of us.
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