What sort of transaction censoring are you contemplating now?
Transactions with many small outputs could be censored outright, what constitutes a "small output" could be revised later one, or computed automatically based on transactions accepted since N blocks. While BTC can support infinite subdivision and that may come useful in the future, that infinite subdivision serves no purpose right now, or in the next few years. Transactions where the same output address appears multiple times could be banned as well (as they only bloat the blockchain) Changing the fee structure rather than just raising the fee would be also a possibility, so that you pay more for larger blocks with small amounts. LTC has something like that, and there were many proposals in that direction for BTC as well. Like the above, the notion of "small amount" could be adjusted down the road. Finally in the spam, there are some non-spendable script outputs, these have other uses, but are using the blockchain as storage, and thus could be asked a proportionally higher fee based on byte length. I agree with LN doing all those picotransactions off chain, but we need a blocksize increase anyway, I just don't know what the f*** are we waiting for to get that done. 8mb increase ever 2 years seems like the best way, we can't have 1mb forever. My only problem with this is running a full node may become a chore due mega space.. I don't think the internet backbone can keep up with that kind of increase.. :S.
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So, IF this indeed is the bear trap, when do you expect the 'mania' phase to commence? And what kind of highs are we going to see? I really don't know much about the market mechanics, I just know I love the excitement when these kind of fluctuations happen September, based 100% on Martin Armstrongs market analysis.
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This thread is getting somewhere.
I really like this idea of mimicing the LTC idea.
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This will be known in LTC circles as the ultimate bear trap..
I'd consider selling still with a rebuy at something like $3 and a "stoploss" at $6.
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I noticed LTC is being dumped for BTC and I think that explains the huge rise
Look at it this way though.. LTC is still WAY.... INSANELY above what it was a month ago... I agree 10000000000% someone sold off litecoin for BTC, but IMO this is the ULTIMATE bear trap... I think this LTC bear trap will be talked about for some time. IMO that same "someone" will buy back that LTC as well... Mood = full bullish
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How will "they" attack Bitcoin? Bitcoin doesn't give a shit.
We are currently under attack........ we need to counter attack NOW. Need anti spam features.
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This could be the king of LTC bear traps...
The next months will FINALLY be interesting lol.
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I think, there must be some measures to be taken to avoid spammers during any single transactions, by permitting BTC transactions only through the authorized and well authenticated exchange and it should be registered in Blockchain processes and marked all over the network. Any exchanges which are not registered should be deny to enter into the blocks.
This is a bad idea, centralization = bad. Keep them coming though!!!
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I have many ~0.01 BTC Tx sitting on an address. All of them are unconfirmed right now. If I forward my total balance of this address to another address in one Tx and provide 0.004 BTC Tx fee, then will I be able to get them confirmed ?
Be patient the blockchain is under attack. We(bitcoiners) are discussing solutions. Your transactions WILL confirm.
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I don't think spammers are a problem,if there are larger blocks,what does spammers matter?
They just fill up the bigger blocks....
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Oddly, it ties in very closely to Martin Armstrongs market cycles.
THere will be no end to the world but some drama could go down.
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Perhaps, how hard would it be to do is the question. Is rockminer still around... I can't find their site .
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I've suggested a fee increase or mimicing LTC's anti spam measures.
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Larger blocks will mean the spammers tx will go through and not just recycled after 24hours. Meaning it will become too expensive to spam. Any statement from core devs?
Humm.. any more talk about this? This is interesting but again just more spam and we have the same issue?
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THIS IS NOT A TEST......
WE ARE UNDER ATTACK
Our inability to act does make me worry a bit but not much.
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The fees must go up or some measure to kill spamers.
Larger blocks does not prevent spammers.....
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I've got the same shit. 2 BTC withdrawn from poloniex is stuck. Tx: a2ee8ad3d201954b502733fa0697c6761b38ee67a4f9f51a8b307142dfbdbe27 The block size must be increased!
That is not a solution. It's really not a spam attack can be done on a 100mB blocks
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First time i replied them i got mad and told them that the idea for bitcoin payments is a transparency between seller and buyer (sender and receiver) I also called them morons ,was too mad when i saw what they are asking,even a photo with me holding the passport,that is sick! I also told them if they dont refund my btc i will tell about this on all the forums This isn't the best solution or start off. I know you must be frustrated but you should be as calm as possible and try work things out rationally first because if you piss them off they likely wont help you, but if you try then get no where then you can step the agression up but I still wouldn't lose your cool and start insulting them. I'd feel the same way as you if they requested this and would want a refund so just keep stressing this and they'll hopefully comply eventually. Agreed people tend to react poorly to an aggresive response :S. No one likes to be threatened man... Save threats for when they have refused for all you know they might be prefectly willing to refund it.
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It is not a test...
BITCOIN IS UNDER ATTACK.........................
we should really be discussing this...
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