Spam attacks have always been around... even if we HF to 2M, 4M or 8M, OR Segwit gets activated, these attacks will still come. Nothing to worry about.
There are more investors and transactions per day and it has increased a lot after 2017 and with Japan recently legalizing bitcoin the amount of transactions has increased rapidly and on top of that we have these spam attacks to frustrate everyone as it is really taking a long time to get a confirmation ,if they activate segwit then there will be a temporary solution but not certain what the long term implication will be as you cannot roll back once you activate segwit. 
Topic: WARNING:network under Massive spam attack. - page 3. (Read 3466 times)
plenty of organic growth in places like japan. but how long will it be till ethereum offers better usability there.
tick tock.
But can we really consider ethereum as a currency,it is a contract and what they do is provide decentralized smart contract functionality.The nodes are rejecting transaction fees which was fine a few months back and now we have to rebroadcast those once again,it is really frustrating to see these things happening in bitcoin,need some changes to rectify these issues if not it will be a disaster as the transaction fees keeps on increasing. tick tock.
Omg you're one of these complaining newbs that won't be doing anything at all about it. Btw, $2 per transaction? Wtf are you talking about? How many inputs? How many sats/byte? You clearly don't understand what you're talking about.
legendary
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plenty of organic growth in places like japan. but how long will it be till ethereum offers better usability there.
tick tock.
tick tock.
Its more then likely some people who are trying to prove that bitcoin need bigger blocks (Bitcoin Unlimited/Roger verr)?
Roger Ver is back at it. Once he has dumped all of his coins on spam attacks and he realizes we still have 1 MB blocks, he'll realize how fucking stupid he is.
Roger, no amount of spam will ever force a block size increase, only organic growth. So keep wasting your money, nobody cares about you or Buggy Unlimited.
Fees today are over $2 to send a transaction. 100k transactions in mempool. Someone is spending a lot of cash to spam the network today.
Gee I wonder why? /s
I don't know much about mobile wallets or hardware wallets but they should alert the user when the network is this congested. With a easy to understand fee calculator/prediction pop up before you send your transaction.
Gee I wonder why? /s
I don't know much about mobile wallets or hardware wallets but they should alert the user when the network is this congested. With a easy to understand fee calculator/prediction pop up before you send your transaction.
I want to believe you what you are doing is not complaining about the fees because if its that, then I will have to ask about the specific wallet you are referring to that is charging that amount so I can switch. Just few days back, I spent over $8 to make a transaction but no one was spamming it as at that time if my memory serve me right so I want to know how $2 amounts to spamming.
Its more then likely some people who are trying to prove that bitcoin need bigger blocks (Bitcoin Unlimited/Roger verr)?
Or someone is pulling the price down? I have a bad feeling about this, massive spam attack the network delaying all the transaction confirmation then releasing a news about bitcoin scalability, then spreading FUD. Someone wants to short and he is testing the scalability issue to pull Bitcoin price down. I hope holder won't be shaken by this event.
I struggle to see what (if any) the incentive would be for anyone or group of people to attack the network other to his/their own detriment. Its pointless.
Pointless if they do not have any agenda. Either they are pushing Block size increase or pulling the price down, if either of them happen, then they will benefit the most.
I struggle to see what (if any) the incentive would be for anyone or group of people to attack the network other to his/their own detriment. Its pointless.
There were history that some known group of people have conducted stress test on blockchain network to showcase how strong it is basically. They had spent thousands worth of bitcoins for conducting that. But I am not sure what is time these people are trying to say. But I am sure this is not the right way to prove the importance of bigger blocks.By spamming blockchain network, miners will be trying to gain more tx fee , is it possible ? I could not understand how this will be working in favor of them to some extent.
I struggle to see what (if any) the incentive would be for anyone or group of people to attack the network other to his/their own detriment. Its pointless.
does anyone happen to know where I might find records of the highest unconfirmed txs are?
https://statoshi.info/dashboard/db/memory-pool
play with the dates on top right corner of the screen to look at a longer term.
blockchain.info also has lots of charts too:
count (number of transactions): https://blockchain.info/charts/mempool-count
size of the mempool: https://blockchain.info/charts/mempool-growth
aggregate size: https://blockchain.info/charts/mempool-size
I suspect you're right.
Right now, there are over 102 thousand unconfirmed transactions! The highest I've ever seen or even heard of!
Looks to be climbing slowly too... does anyone happen to know where I might find records of the highest unconfirmed txs are?
Right now, there are over 102 thousand unconfirmed transactions! The highest I've ever seen or even heard of!
Looks to be climbing slowly too... does anyone happen to know where I might find records of the highest unconfirmed txs are?
Really a lot of daft opinions. Btc can't process the transactions and will never survive. The data cap is making the btc snail network unusable. 15 minutes for 3 confirmations during good times is too slow anyways.
Nobody have any incentive to attack bitcoin network with spam transactions like this other than the one behind bitcoin unlimited to create FUD that block size must be increased 
i wouldn't jump to any conclusions without having any proof. there are a lot of people/groups that have enough incentive and enough money to do a spam attack of this scale on bitcoin network:
- both sides of the block size debate (and this consist of all their supporters)
- altcoin pumpers. we have been seeing in the past month that altcoins like Ethereum and Dash have benefited from bitcoin's debate and big mempool and all these delays. and they both have enough money to do such an attack. we have even saw topics about this from their supporters before their pump started.
- miners. lets not forget with a spam attack, fees go up, and with that miners earn a lot more money.
- an entity that doesn't want bitcoin's usage (government?) i'd better stop here before i am assassinated
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Fees today are over $2 to send a transaction. 100k transactions in mempool. Someone is spending a lot of cash to spam the network today.
Gee I wonder why? /s
I don't know much about mobile wallets or hardware wallets but they should alert the user when the network is this congested. With a easy to understand fee calculator/prediction pop up before you send your transaction.
it is normal especially if you use web client like blockchain also remember many hackers will try to manipulate the network for getting low price , gain more coins. i expect more if the price over 2k dollors. Gee I wonder why? /s
I don't know much about mobile wallets or hardware wallets but they should alert the user when the network is this congested. With a easy to understand fee calculator/prediction pop up before you send your transaction.
legendary
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No evidence of spam this time. Blocks are full. Time for bigger blocks miners!
Both sides are offering a scaling solution. Using a congested network to promote BU is meaningless - the network has been congested for a long time, with spam or without it, but SegWit would scale the network to the capacity needed right now as well.I never said bu. Theres more than 2 sides or 2 proposals my proposal is an immediate hf to 2mb
No evidence of spam this time. Blocks are full. Time for bigger blocks miners!
Both sides are offering a scaling solution. Using a congested network to promote BU is meaningless - the network has been congested for a long time, with spam or without it, but SegWit would scale the network to the capacity needed right now as well. 
Every time there is a big run up in price, it follows with a high mempool congestion followed by dump in price.
I think every time, it's a subset of soon to be ex-HODLers rushing their cold balance out of storage to exchange, LBC, etc to reap some well deserved profits, causing a mini-crash.
It's always the same.
I'm expecting a small-ish crash by May 15th.
I think every time, it's a subset of soon to be ex-HODLers rushing their cold balance out of storage to exchange, LBC, etc to reap some well deserved profits, causing a mini-crash.
It's always the same.
I'm expecting a small-ish crash by May 15th.
Its more then likely some people who are trying to prove that bitcoin need bigger blocks (Bitcoin Unlimited/Roger verr)?
We do need bigger blocks, but such attacks are unlikely to influence people.
They are unsustainable too. Why would you continuously burn money just to prove a point?
They don't burn any money because it's the miners who are spamming the network. They are confirming their own spam transactions so they actually don't lose any money while giving us cancer.
Well played, wutang ju, well played.
That would also explain why people think that it's the BU side rather than the Core side (as both are offering scaling solutions that would fix the problem). BU is mainly propped up by Bitmain/mining monopolies in its hashrate, and earning profit from spamming the network could even be part of their opposition to the LN.
legendary
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No evidence of spam this time. Blocks are full. Time for bigger blocks miners!
Its more then likely some people who are trying to prove that bitcoin need bigger blocks (Bitcoin Unlimited/Roger verr)?
We do need bigger blocks, but such attacks are unlikely to influence people.
They are unsustainable too. Why would you continuously burn money just to prove a point?
They don't burn any money because it's the miners who are spamming the network. They are confirming their own spam transactions so they actually don't lose any money while giving us cancer.
Well played, wutang ju, well played.
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