why transactions are taking too long ? - page 5.

defcon23

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Quote from: David Rabahy on March 01, 2016, 01:44:57 PM

Fees are good ... eventually. I'd much rather sacrifice some fees for now until adoption is more widespread.

I will continue to run a full node (despite the lack of any payment at all); often with 100+ connections and 100's of GB/month.

Which is better for Bitcoin in the long run? More fees now or more adoption now? Hmm?

yeah ... and the blocks size too .. Wink

, we need bigger blocks. ( that's not a big news . )

EdenHazard

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Quote from: OmegaStarScream on February 29, 2016, 12:46:46 PM

Since I woke up this morning , I've seen several topics and people complaining about their transactions not getting confirmed ? Is it a coincidence or there is something going on ? Spam attack or something similar ?

i also feel that in this evening,witdraw bitcoins from my exchange to my wallet,and its take more than 10 minutes,i dont know why transaction more long than last years,i also wondering and searching some good answer here.

kingaltcoins

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For now everything turned to normal I guess.

The main conclusion does not lead to the fact that we need a block size increase.
If anyone analyses on Tradeblock you will notice most blocks mined by popular pools are not filling up the blocks with sufficient transactions.

Even some blocks go fully empty with only the coinbase transaction.

Quote from: Lauda on March 02, 2016, 02:55:30 AM

Someone made a small video in regards to the attack.

OMG! That is a huge chain Shocked

According to me SegWit is the ultimate conclusion to solve this kind of problems.

Lauda

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Terminated.

Quote from: David Rabahy on March 01, 2016, 08:52:17 PM

Can I configure my full node to combat spamming? For example, configure my firewall to prohibit known bad IPs? Configure my Bitcoin application to not forward known bad Bitcoin addresses?

You can do whatever you want.

Quote from: David Rabahy on March 01, 2016, 08:52:17 PM

As a non-mining full node operator, pay me and I will forward your transactions. Don't pay me and I won't.

No.

Quote from: relq on March 01, 2016, 10:40:45 PM

I heard that, if you transaction into another address in blockchain, the confirmation is fast. and if to another address which is not blockchain, it's take so long to wait the confirmation.

This doesn't make sense.

Quote from: defcon23 on March 02, 2016, 02:44:53 AM

explainations are here: https://tradeblock.com/bitcoin/

Someone made a small video in regards to the attack.

Quote from: David Rabahy on March 01, 2016, 09:00:31 PM

How many no-fee transactions are waiting typically?

You should assume that the number of TX's at a fee of 0 are infinite.

Quote from: David Rabahy on March 01, 2016, 09:00:31 PM

Would a 1MB block clear them pretty well?

No.

defcon23

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explainations are here: https://tradeblock.com/bitcoin/

just have a look to the actual mempool ... Wink

http://www.newsbtc.com/2016/03/01/transaction-fees-increase-bitcoin-blocks-get-full/

Yakamoto

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Quote from: Hirose UK on March 02, 2016, 02:04:59 AM

Quote from: OmegaStarScream on February 29, 2016, 01:22:16 PM

Quote from: Lutpin on February 29, 2016, 12:50:03 PM

Quote from: OmegaStarScream on February 29, 2016, 12:46:46 PM

Spam attack or something similar?

Only around 25k unconfirmed transactions.
Being cheap and sending with low fees will result in your transactions traveling through confirmation-limbo for some time.

and how much exactly It should be to know if it's a spam attack or not ? or you can't know for sure unless someone admits that he is doing the attack ?

if it's scamming, the person who did it will not make a thread and say "I do spam attack"

maybe it happened because there are too many transactions while the fee is cheap. so the miner will process the transactions later

You'd be surprised, a lot of people that carry out attacks of any kind enjoy taking credit for their work, and aren't afraid of making posts saying they did x attack or y action.

I don't think it was a cheap transaction fee, or someone was making far too many transactions in a short period of time. Maybe someone trying to move their money quickly and (almost) inconspicuously?

Hirose UK

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Leading Crypto Sports Betting & Casino Platform

Quote from: OmegaStarScream on February 29, 2016, 01:22:16 PM

Quote from: Lutpin on February 29, 2016, 12:50:03 PM

Quote from: OmegaStarScream on February 29, 2016, 12:46:46 PM

Spam attack or something similar?

Only around 25k unconfirmed transactions.
Being cheap and sending with low fees will result in your transactions traveling through confirmation-limbo for some time.

and how much exactly It should be to know if it's a spam attack or not ? or you can't know for sure unless someone admits that he is doing the attack ?

if it's scamming, the person who did it will not make a thread and say "I do spam attack"

maybe it happened because there are too many transactions while the fee is cheap. so the miner will process the transactions later

commandrix

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An incoming transaction did take almost 24 hours to confirm on my end. Not a big deal since I don't intend to spend it right away, so I didn't sit around twiddling my thumbs waiting for it, but it is interesting that so many people still seem to think that Bitcoin is suitable for microtransactions. It's not just lack of adoption that's holding me back from buying a cup of coffee using Bitcoin at my local cafe. It's what would happen if even a small percentage of all the java junkies in the world decided to do that on any given day.

relq

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Many people keep complaining about how long they wait for confirmation. I heard that, if you transaction into another address in blockchain, the confirmation is fast. and if to another address which is not blockchain, it's take so long to wait the confirmation.

David Rabahy

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Suppose a half-difficulty, no-reward block were allowed if it only included no-fee transactions once a day? I think I might be willing to contribute toward that sort of cause. How many no-fee transactions are waiting typically? Would a 1MB block clear them pretty well?

How to keep crap transactions out?; that's the question.

Spammers: behave! If you ruin Bitcoin then how is this good news?

David Rabahy

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Quote from: Lauda on March 01, 2016, 06:35:41 PM

Quote from: David Rabahy on March 01, 2016, 06:26:43 PM

Big blocks would let the spammers burn through their resources faster.

Not necessarily.

Hmm, training the unwashed masses to include enough fees to make spamming costly *is* a good idea. I hadn't thought of it that way. Thank you.

Can I configure my full node to combat spamming? For example, configure my firewall to prohibit known bad IPs? Configure my Bitcoin application to not forward known bad Bitcoin addresses?

How about the other way; can I configure my Bitcoin application to forward known good Bitcoin addresses before all others?

As a non-mining full node operator, pay me and I will forward your transactions. Don't pay me and I won't.

Just brainstorming.

Meuh6879

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in my country, with a 20 euros annual fees for a bank account (poor "offer"), i can spend only ... 3000 euros per month (blocked).

in my country, with a 80 euros annual fees for a bank account (normal offer), i can spend only ... well, 3400 euros per month ... and i MUST CALL my bank if i want speend more ... everytime i want do this.

with bitcoin, i can spend

... with a 0,4 euros of fees.

it's ridiculous cheap.
i love bitcoin network with fees to destroy SPAM !

uname

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Quote from: rinhunter on March 01, 2016, 07:16:35 PM

for now use fee high, the higher the better.
I accept bitcoin for a fee of 0.0008 is already 24 hours has not been confirmed. Undecided

wtf! fee 0.0008 satoshi ? is too high man ?
how many hours it took to be confirmed?

rinhunter

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for now use fee high, the higher the better.
I accept bitcoin for a fee of 0.0008 is already 24 hours has not been confirmed. Undecided

Lauda

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Terminated.

Quote from: VeritasSapere on March 01, 2016, 01:23:28 PM

See what happened there, your transaction just became spam ATguy. If this continues I suppose all of my transactions will be spam as well and I will just stop using Bitcoin, Ethereum is certainly profiting from this situation.

That's not what happened. However, you can't blame Bitcoin for including inadequate fees. Try processing a bank transfer and include a fee 5 times lower than needed and get back to me.

Quote from: VeritasSapere on March 01, 2016, 01:23:28 PM

If the problem is that the network is reaching capacity then increasing the networks capacity certainly would help with this problem, it is puzzling that you are even trying to deny this. It is a very basic logic really.

It is not reaching capacity yet because this is an on-going spam attack. A block size limit increase would not solve this problem.

Quote from: VeritasSapere on March 01, 2016, 01:23:28 PM

It is with new users who happen to be having a terrible user experience right now, regardless of what you say.

That's not my problem and I never said that it was.

Quote from: David Rabahy on March 01, 2016, 06:26:43 PM

Big blocks would let the spammers burn through their resources faster.

Not necessarily.

David Rabahy

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Big blocks would let the spammers burn through their resources faster.

VeritasSapere

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More adoption now will lead to more fees later, the block subsidy is meant to bootstrap adoption. The Bitcoin network is meant to be a high volume low cost network, not a low volume high cost network.

David Rabahy

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Activity: 709

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Fees are good ... eventually. I'd much rather sacrifice some fees for now until adoption is more widespread.

I will continue to run a full node (despite the lack of any payment at all); often with 100+ connections and 100's of GB/month.

Which is better for Bitcoin in the long run? More fees now or more adoption now? Hmm?

VeritasSapere

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Activity: 546

Merit: 500

Quote from: Lauda on March 01, 2016, 12:57:43 PM

Quote from: ATguy on March 01, 2016, 12:13:36 PM

The point is ~11k transactions in that range are legit transactions which are not confirmed so not influenced by any spam attack in 1-10 range backlog (if there is ever spam attack and not just normal people sending with fees they were sending recently as working Wink

)

It doesn't matter in this case. You've claimed that there is no spam attack, which is false. Besides, you don't realize what priority of transactions mean and the fees. There is no guarantee that yours will be included as it has a 5x lower fee than recommended.

See what happened there, your transaction just became spam ATguy. If this continues I suppose all of my transactions will be spam as well and I will just stop using Bitcoin, Ethereum is certainly profiting from this situation.

Quote from: Lauda on March 01, 2016, 12:57:43 PM

Quote from: David Rabahy on March 01, 2016, 12:17:02 PM

I wonder how much longer the 1MB blocksize can hold up?

No blocksize limit will save the network from this problem.

If the problem is that the network is reaching capacity then increasing the networks capacity certainly would help with this problem, it is puzzling that you are even trying to deny this. It is a very basic logic really.

Quote from: Lauda on March 01, 2016, 12:57:43 PM

Quote from: pedrog on March 01, 2016, 12:28:17 PM

We may already be there.

Because of spam. I've just sent out a transaction that confirmed within 1 minute (there was luck in play with the block timing, however it shows that experienced users aren't affected by this backlog).

The problem with adoption is not with experienced users, it is with new users who happen to be having a terrible user experience right now, regardless of what you say.

Lauda

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Quote from: ATguy on March 01, 2016, 12:13:36 PM

The point is ~11k transactions in that range are legit transactions which are not confirmed so not influenced by any spam attack in 1-10 range backlog (if there is ever spam attack and not just normal people sending with fees they were sending recently as working Wink

)

It doesn't matter in this case. You've claimed that there is no spam attack, which is false. Besides, you don't realize what priority of transactions mean and the fees. There is no guarantee that yours will be included as it has a 5x lower fee than recommended.

Quote from: David Rabahy on March 01, 2016, 12:17:02 PM

I wonder how much longer the 1MB blocksize can hold up?

No blocksize limit will save the network from this problem.

Quote from: pedrog on March 01, 2016, 12:28:17 PM

We may already be there.

Because of spam. I've just sent out a transaction that confirmed within 1 minute (there was luck in play with the block timing, however it shows that experienced users aren't affected by this backlog).

Topic: why transactions are taking too long ? - page 5. (Read 7230 times)