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Topic: [WeExchange]WARNING!The Fall of Ukyo II: Ukyo Digs a Hole?!WARNING![WeExchange] - page 15. (Read 34836 times)

donator
Activity: 2772
Merit: 1019

Hi Ukyo,

Has it occurred to you that you could use Amazon's EC2 to spin up a dozen machines to process payments in parallel?  They'd still have to be done by hand probably, and they'd all need a copy of the wallet, but each transaction could be processed independently without blocking the others.

* If you want some advice or help on how to get this done effectively, PM me and I'll give you tips/commands.

Hello Ukyo, try this or something else. Why don't get more CPU power from somewhere, so it will take 1 minute instead of 30? You know the time depends on how much computation power you got, right?

I don't think this can be distributed. There's a good chances the instances would try to spend the same coins... only one can win because, you know, bitcoin has measures against double spend attacks Wink.

maybe I misunderstand, though?
donator
Activity: 2772
Merit: 1019
We are now over halfway through Oct 23rd requests. The next couple days withdraws mostly consist of smaller transactions so I think those should go a bit quicker.

Please keep in mind, we have been getting 50 to 100 withdraw requests a day.
At 20 to 50 minutes per manual transfer it is taking a while. We also noticed that larger transactions such as 50btc end up taking about 30 minutes before seeing them advertised to the network, and around 100btc taking as much as a full hour.

The other day I attempted to just move all funds to a new wallet and waited for a bit over 3 hours and the transaction never completed to the network.
At that point I returned to manual transactions. In the mean time I am working on a new system for better load handling and a method try to import the current wallet data to it so that as soon as it is ready we will be able to speed through the remaining withdraws at that time.

Nice to hear from you.

I'm sorry if you've explained that before, but this sounds like a bug in bitcoind to me. Are you in contact with a capable coredev to try to fix it? Do you know what's wrong with the wallet?

member
Activity: 108
Merit: 10

Hi Ukyo,

Has it occurred to you that you could use Amazon's EC2 to spin up a dozen machines to process payments in parallel?  They'd still have to be done by hand probably, and they'd all need a copy of the wallet, but each transaction could be processed independently without blocking the others.

* If you want some advice or help on how to get this done effectively, PM me and I'll give you tips/commands.

Hello Ukyo, try this or something else. Why don't get more CPU power from somewhere, so it will take 1 minute instead of 30? You know the time depends on how much computation power you got, right?
legendary
Activity: 2674
Merit: 1083
Legendary Escrow Service - Tip Jar in Profile
He said he tried to send them all to a clean wallet and it wasn't working after 3 hours. Until he has an alternative solution working, this is just how it is Seb. It's unacceptable to everyone but we're all in the same boat, so all he can do is process in the order of tickets. I've been through this with ukyo in detail on irc, this really is how it has to be done right now. No priorities for anyone.

It sucks but at least ukyo does not appear to be scamming - although doing so much on your own has just bitten him back - and there is no 4k 'hack'.

My ticket date is also 28th. Will post when processed.


Why do you speak about order of tickets? He stated that he works the withdraw requests up, ticket or no ticket shouldt matter. Or did he claim otherwise to you? His statements here sound like tickets doesnt matter.

By the way, i never said i want my withdraw done before others. I want all withdraws done faster. You realize that withdraw requests from yesterday will be done in 38 days with the current speed? People waiting that long will mean a super-gau for ukyo.

So he tried sending all bitcoins to another wallet and it failed. But he claims it works to send a certain amount to another wallet to work up smaller transfers from there then. So there is a sweet spot where it still works.

Anyway. Every wallet has a private key. And with that private key the whole wallet can be imported into bitcoin-qt, for example. And there bulk transactions can be done. I think there is a good chance that bitcoin-qt can handle that amount of addresses that bitcoin-d cant handle. Importing a wallet has nothing to do with sending all bitcoins to another wallet in case you dont know that. (It sounded like this because i spoke about importing the private key into another wallet and you answered about sending all coins to another wallet.)

I dont want a special treatment but its not acceptable to wait another 10 days on top of the 14 i already wait. And im sure many others need their money too.

Im fully aware that ukyo is working hard but i want to hear what hindrance there is to import the private key(s) into another wallet.

Thanks!
full member
Activity: 196
Merit: 100
I love Bitcoin
Just another idea that might or might not work. You said that you can send 50-100 btc in about an hour and even small transactions take at least 20 minutes. If you cannot move the whole clogged wallet to a clean one, why don't you send just 50-100btc at a time to a clean wallet. Then you could quickly process many small transactions from there.

I actually have been doing that to get more of the smaller ones done I am skipping around a large withdraw for about 30 minutes to be able to get 4 or 5 out during the same time of the bigger withdraw. It has also been hit or miss. From what I can tell, and note that I am not a bitcoind dev and have not looked at the source, that the issue seems to be bitcoind trying to located unspent inputs to put together to send out. Although this should be a fairly easy process and fast process as I have noticed most transactions do not have more than 5 to 10 inputs. All I can think of is that it has something to do with key management of such a large volume of keys.

-Ukyo

Thanks for the update George. I am trying to post daily at least.
Anyone else that get's a withdraw, please let people know.

Thank you,
Ukyo

Ukyo, i have a withdrawn create at weex on 2013-11-04 19:36:27 Transaction ID   dkUm5IF72PhP82HnamyAbt0eIsOPn5hA.  The withdrawn should be create with inputs.io wallet, please help me to cancel the withdrawn. thanks..i had create ticket and email, if you seen this msg, please help
full member
Activity: 219
Merit: 100
hero member
Activity: 924
Merit: 1001
Unlimited Free Crypto
Well mine are still stuck but I Ukyo's posts are really taking the edge off. So thnx. I have got a couple of coins to take care of myself for a couple of weeks.....
legendary
Activity: 2156
Merit: 1018
Buzz App - Spin wheel, farm rewards
Thanks Ukyo for your efforts.

I respectfully suggest you consider posting on WeExchange / Bitfunder the difficulties expected with withdrawing however.  I (and no doubt countless others) would have not transferred BTC to WeExchange if I had any idea there was going to be a significant delay in withdrawing my funds.  It can't take more than a few minutes to put some sort of note on the site about this.
sr. member
Activity: 364
Merit: 250
He said he tried to send them all to a clean wallet and it wasn't working after 3 hours. Until he has an alternative solution working, this is just how it is Seb. It's unacceptable to everyone but we're all in the same boat, so all he can do is process in the order of tickets. I've been through this with ukyo in detail on irc, this really is how it has to be done right now. No priorities for anyone.

It sucks but at least ukyo does not appear to be scamming - although doing so much on your own has just bitten him back - and there is no 4k 'hack'.

My ticket date is also 28th. Will post when processed.
legendary
Activity: 2674
Merit: 1083
Legendary Escrow Service - Tip Jar in Profile
sr. member
Activity: 448
Merit: 250
Just another idea that might or might not work. You said that you can send 50-100 btc in about an hour and even small transactions take at least 20 minutes. If you cannot move the whole clogged wallet to a clean one, why don't you send just 50-100btc at a time to a clean wallet. Then you could quickly process many small transactions from there.

I actually have been doing that to get more of the smaller ones done I am skipping around a large withdraw for about 30 minutes to be able to get 4 or 5 out during the same time of the bigger withdraw. It has also been hit or miss. From what I can tell, and note that I am not a bitcoind dev and have not looked at the source, that the issue seems to be bitcoind trying to located unspent inputs to put together to send out. Although this should be a fairly easy process and fast process as I have noticed most transactions do not have more than 5 to 10 inputs. All I can think of is that it has something to do with key management of such a large volume of keys.

-Ukyo

Thanks for the update George. I am trying to post daily at least.
Anyone else that get's a withdraw, please let people know.

Thank you,
Ukyo
newbie
Activity: 35
Merit: 0
Got my with withdrawal this morning.

Ukyo - I think a daily status update would make a huge difference. People have to wait  due to technical problems and that is something they can accept. But without communication fear tends to set in and people assume the worst. That is much far worse than just waiting.

Perhaps posting "xx of yy completed for this date". At least people can see progress and don't check their account every few hours.
full member
Activity: 167
Merit: 100
We are now over halfway through Oct 23rd requests. The next couple days withdraws mostly consist of smaller transactions so I think those should go a bit quicker.

Please keep in mind, we have been getting 50 to 100 withdraw requests a day.
At 20 to 50 minutes per manual transfer it is taking a while. We also noticed that larger transactions such as 50btc end up taking about 30 minutes before seeing them advertised to the network, and around 100btc taking as much as a full hour.

The other day I attempted to just move all funds to a new wallet and waited for a bit over 3 hours and the transaction never completed to the network.
At that point I returned to manual transactions. In the mean time I am working on a new system for better load handling and a method try to import the current wallet data to it so that as soon as it is ready we will be able to speed through the remaining withdraws at that time.


Just another idea that might or might not work. You said that you can send 50-100 btc in about an hour and even small transactions take at least 20 minutes. If you cannot move the whole clogged wallet to a clean one, why don't you send just 50-100btc at a time to a clean wallet. Then you could quickly process many small transactions from there.
full member
Activity: 167
Merit: 100
Another day gone... no chance to invest... whats the date the payouts are at? Its still before 28.10.

seems before 23.10, if Raman is right.

This thing is taking too much time, starts to look very very shady

It would really help if Ukyo communicated at least once every other day. Something like, "I am presently not doing manual processing but working on getting the automated payouts back in order". At least then we would know that something is going on.

Edit: Thanks for the update, Ukyo. We were typing at the same time  Smiley
sr. member
Activity: 448
Merit: 250
We are now over halfway through Oct 23rd requests. The next couple days withdraws mostly consist of smaller transactions so I think those should go a bit quicker.

Please keep in mind, we have been getting 50 to 100 withdraw requests a day.
At 20 to 50 minutes per manual transfer it is taking a while. We also noticed that larger transactions such as 50btc end up taking about 30 minutes before seeing them advertised to the network, and around 100btc taking as much as a full hour.

The other day I attempted to just move all funds to a new wallet and waited for a bit over 3 hours and the transaction never completed to the network.
At that point I returned to manual transactions. In the mean time I am working on a new system for better load handling and a method try to import the current wallet data to it so that as soon as it is ready we will be able to speed through the remaining withdraws at that time.

At this point I can understand if you wish to open a scammer tag. This has been a very unfortunate event that really caught me off guard but I will work through
everything as fast as bitcoind will let me and continue to work on the quick/permanent fix. I will not fight it but will continue to work through things to fix them and make everything right by everyone. Though if you do open one, I ask that you update it when your withdraw does eventually show up.

Many many transactions go out every day. Many people become happy about their funds and don't bother to post here or do not even know to post here.
I again would like to remind those users who are reading this that if you get your withdraw, please post here so everyone else knows. While I understand your
privacy matters, I am sure people will also be happy to know the amounts too, esp. if you are one of the larger withdraws.

Please keep in mind that BitFunder had almost 10,000 user accounts. I am sure you could imagine the massive spike in withdraws over the last few weeks on WeExchange.

Thank you for your continued understanding and support.
-Ukyo
hero member
Activity: 736
Merit: 508
Another day gone... no chance to invest... whats the date the payouts are at? Its still before 28.10.

seems before 23.10, if Raman is right.

This thing is taking too much time, starts to look very very shady
legendary
Activity: 2674
Merit: 1083
Legendary Escrow Service - Tip Jar in Profile
Another day gone... no chance to invest... whats the date the payouts are at? Its still before 28.10.
newbie
Activity: 33
Merit: 0
I think it's time to think about a negative trust
newbie
Activity: 20
Merit: 0
My history:

2013-10-23 15:21:57   Withdraw   10.00000000 BTC      Processing
newbie
Activity: 12
Merit: 0
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