I think OP means that transactions don't get confirmed this way.
Sure, if zero transaction blocks are all we have. True, but if a block is found on avg every 10 minutes, and one is found but has only a coinbase transaction, then a user must wait an additional 10 minutes for his TX to confirm. |
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There's nothing wrong with blocks that only contain a coinbase transaction, they still add proof of work to secure the block chain.
I think OP means that transactions don't get confirmed this way. |
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The owner of address 1Baf75Ferj6A7AoN565gCQj9kGWbDMHfN9 and the person who generated that block is is the pool Eclipse. |
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While this miner is not adding transactions in his block, there will be times where there will be no TXes to add in a block and I am talking about edge-cases where a block is found seconds after another. Will you also reject those?
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Self-bumping the thread as I really need information about this.
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more laughs about bitcoin.
even with fee's they arnt guaranteed into thenext available block. and the fee's a majority of the time dont reach the miners.. but instead its the mining pool owner that keep the fee's, along with his few percent payout of each worker. and his own mining rigs eating out a few chances of miners getting more shares.
the sooner people realise there is more profit in trading (retail profit of selling products) compared to mining the better.
there is too much emphsise that the only profit in bitcoin is in mining, which is then crippling miners profitability, to then require larger fee's just to get transactions through...
in reality it should be that
50% of people are business men opening bitcoin shops to sell useful products and services.
10% of people playing the markets.
30% of people using bitcoin to buy things.*
10% miners.
then no fee's would be required as the 25btc would be more then enough reward for miners and every transaction will be processed ASAP.
but in reality it IS:(guessing based on the 'feel' of the community)
5% bitcoin businessmen
45% playing the market
49% mining
1% buying things*
*(obviously everyone would be buying stuff, but i narrowed it down as outsiders that have no intention to run businesses or mine)
Why do you keep writing "fee's" when the correct plural form is "fees", i.e without the apostrophe. I've been seeing people write "fee's" for a while now and it has bugged me, there is NO apostrophe betwee "fee" and "s". This "fee's" word is cancerous to grammar. |
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Alternatively, is OSX any more plug-and-play?
Yes, as is Windows. Sorry I can't chime in on the other stuff. I was able to compile Bitcoind and Bitcoin-Qt on Windows waay before the guide came out, I did all by myself, and researching. |
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rEiZsn6ZbvsRQajG8wP66QFif23V7oG7rJ
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...since I sent this LTC tx aed14fd98cac7d57a11167eb588101109435aa67902fa0a40520d05ec838c837 and got probably less than a Bitcoin.
Makes you wonder what would've happened had I kept it. I sincerely regret not keeping them. It's the 10,000 BTC pizza repeating itself.
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You can't do micro-payments with bitcoin. I think we already established that in this thread. So bitcoin will only be used to buy stuff that is materially significant in which case the store owner will definitely want confirmed payment.
Not if they use something I'm developing. Must be something to do with Ripple, isn't it? |
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The difficulty till now was 0.06 and I found ZERO blocks with ~400kh/s.
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700 blocks already...sounds not very surprising...pre-mined?
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I only have $159 in fiat, what does that buy me? I am serious about this amount. Everything regarding Avalon has had outrageous prices, true the device comes with benefits while the diff is low, but how can I acquire so much money for a single 10 chip module fully assembled?
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Can we get the settings we'll need for the SOLO Miners???
These should suffice rpcuser=<user> rpcpassword=<pass> server=1 rpcallowip=localhost rpcallowip=127.0.0.1 rpcallowip=192.168.* rpcport=<can be any number that isn't used> Though it depends if the coin creator wishes for us to add one or two of his node IPs |
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I don't get it: what is preventing people from starting mining "right now" instead of waiting for a specified time? Assuming they don't care about forking before even starting, OFC.
Do you see binaries anywhere? Can you find the source code? |
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For instance, a transaction has many small inputs, and the user sends this transaction without a fee. Would a node relay this transaction to other nodes regardless of the fact that it has zero fee, but it's big(not huge, just bigger than normal)?
Trying to figure out if an attack like this would work:
User A sends User B a transaction of the type described above. User A first makes sure his node has a lot of connections and broadcasts this transaction without a fee just once and never again. User B after a while sees this tx in Bitcoin-Qt and is willing to send User A say 500 Litecoins immediately, but includes a sufficient fee. No miner is willing to include User A's transaction in a block, so after a while most nodes will drop it from their memory pool and it will be forgotten. User A now gets to keep his Bitcoins and also 500LTC.
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Well, this is exactly what Bitcoin's purpose is.
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I've already prepared my Luckycoin folder with luckycoin.conf file to start mining solo.
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