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Title: Block is too large, what's the progress? Post by: btcren on February 27, 2017, 02:55:17 AM btc Block is too large, what's the progress?
Title: Re: Block is too large, what's the progress? Post by: lottery248 on February 27, 2017, 03:23:07 AM progress? can you explain what the progress mean? ???
i wanna say, normally the transactions with higher fee will be progressed faster than lower one. depends on its priority of the miners. miners might verify random transactions, mainly with larger transaction fees, thus it with lower fees will get a lower chance of priority. bitcoin core is also locked from other client is because to control the size of bitcoin blocks, in order to ensure majority of the client users able to sustain their wallet without migrating anything. hope i could get the data from the Qt users of how much spaces of their PC for bitcoin core. Title: Re: Block is too large, what's the progress? Post by: WhiteStar_ on February 27, 2017, 03:24:20 AM Transactions will bedelay
Title: Re: Block is too large, what's the progress? Post by: btcren on February 27, 2017, 03:51:28 AM progress? can you explain what the progress mean? ??? i wanna say, normally the transactions with higher fee will be progressed faster than lower one. depends on its priority of the miners. miners might verify random transactions, mainly with larger transaction fees, thus it with lower fees will get a lower chance of priority. bitcoin core is also locked from other client is because to control the size of bitcoin blocks, in order to ensure majority of the client users able to sustain their wallet without migrating anything. hope i could get the data from the Qt users of how much spaces of their PC for bitcoin core. Transfer is slow right now, the block has reached its limits Title: Re: Block is too large, what's the progress? Post by: rajasumi3 on February 27, 2017, 04:03:48 AM As the block is large , transaction time will differ a lot .higher the fees the transaction will be faster and when it comes to lower fees the transaction willbe slower andit takes more time and sometimes transaction does not even complete.
Title: Re: Block is too large, what's the progress? Post by: xSkylarx on February 27, 2017, 04:19:27 AM btc Block is too large, what's the progress? What do you mean by Block is too large you mean the size of the blockchain or the size of the blocks that miner are mining? If it is the blockchain size, you are wrong, because it is not too large, it is the other way around, that is why the transactions that are been processing in the blockchain are getting delayed because it already reach its limit. But the Team that is concern about this problem is already taking their actions to fix this problem as soon as possible because we can't have slow transactions forever. Title: Re: Block is too large, what's the progress? Post by: Dudeperfect on February 27, 2017, 04:40:57 AM Unless and until we find any concrete solution for this (other than paying high fees), It would be difficult for us to introduce bitcoin to new members. One can not even use bitcoin for offline (aka local) transactions. Increasing bandwidth is the need of an hour to make it smoother and bigger. As satoshi said, after 20 years there will be huge transactions or no transaction. I hope we are preparing for the positive side.
Title: Re: Block is too large, what's the progress? Post by: btcren on February 27, 2017, 04:43:18 AM Unless and until we find any concrete solution for this (other than paying high fees), It would be difficult for us to introduce bitcoin to new members. One can not even use bitcoin for offline (aka local) transactions. Increasing bandwidth is the need of an hour to make it smoother and bigger. As satoshi said, after 20 years there will be huge transactions or no transaction. I hope we are preparing for the positive side. thanks,Which means there is no better solution:) Title: Re: Block is too large, what's the progress? Post by: btcren on February 27, 2017, 04:47:28 AM btc Block is too large, what's the progress? oh, you must be new around here. Check back a few pages and then a few more and you will find that this is no simple issue.:) Title: Re: Block is too large, what's the progress? Post by: VanDeinsberg12 on February 27, 2017, 04:50:38 AM btc Block is too large, what's the progress? The block size of bitcoin is too small, that's the correct statement in my opinion. Some of the progress for fix it has planted. Transfer is slow right now, the block has reached its limits I guess not for this time, but if the massive transaction will be happening in the future and the block of bitcoin can't be validating all of the transaction at the same time. and it makes more transaction will stuck and the priority fees will increase. Title: Re: Block is too large, what's the progress? Post by: Kakmakr on February 27, 2017, 05:29:37 AM The Blocks are not to large, it is too small. The capacity of these blocks are running at 80% of it's full capacity at this moment and at 100% when there is a spam attack. < percentages are on average > So we only have problems, when the network is spammed with fake transactions.
These attacks can still happen with larger blocks, but it will just be more expensive for these idiots. ^grrrrrrr^ Title: Re: Block is too large, what's the progress? Post by: btcren on February 27, 2017, 05:55:41 AM The Blocks are not to large, it is too small. The capacity of these blocks are running at 80% of it's full capacity at this moment and at 100% when there is a spam attack. < percentages are on average > So we only have problems, when the network is spammed with fake transactions. hmm, :)These attacks can still happen with larger blocks, but it will just be more expensive for these idiots. ^grrrrrrr^ Also don't know how it would be a year later. Title: Re: Block is too large, what's the progress? Post by: noictib on February 27, 2017, 06:18:26 AM btc Block is too large, what's the progress? I think you have problem with the bitcoin fee of transactions that make you need irritating or non understandable .Well Herr I will tell you for the block that these are having the priority to give the confirmation for the bitcoin transaction which is paying more fee for a single transaction ( and fee depends upon your amount of bitcoin that you had received from multiple numbers of bitcoin adress , you can search about it at the google that how To calculate the fee of the bitcoin transaction ) I hope you got the correct answer by me . Title: Re: Block is too large, what's the progress? Post by: ipanks on February 27, 2017, 06:34:47 AM i think for the progress is we need to wait if our transaction got delay for getting confirmed and its better to do another thing rather than we only waiting for the transaction. the transaction will be completed by itself and nothing we can do except waiting until its completed. i don't know how much the large or small of the block but i only waiting for the confirming transaction with doing another activity in my offline job and i am sure that the amount will be added in my wallet.
Title: Re: Block is too large, what's the progress? Post by: Amph on February 27, 2017, 06:59:25 AM probably all those that have this concern should really stop and just use an acccelerator for now, it would make your life easy and avoid repeating the same thing here
this if you don't want to pay the correct fee which is becoming stupidly expensive some times, and btw solution are there just consensus isn't and you can't have always both... |