moonmoon is working hard behind the scenes finishing the final touches to ParticleX . PRT is a screaming buy
MoomMoon is long gone. |
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if the blocks were 20mb, there would be no controversy as all tx's would fit happily with no bottleneck..
yeah. I really think, that we need some change with this block magic asap, because now waiting almost hour for FIRST confirmation, even I paid fee. we should be lucky, that bitcoin is not massively adopted yet, because this is like waiting 1h for email delivery.. Use blackcoin. Way faster and more secure and you wouldn't have the issue of pools blacklisting transactions. |
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Still short Tarmi-bear?  I hope. Nothing funner than seeing stops hit...  |
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If I understand this it sounds like A 30 second block would be safe within a 45 second time drift - would be the most secure. Is this an accurate statement?
I do not believe this needs to be a poll. Everyone who would be concerned about these changes in the community from my social channel management experience is talking about it right now. (that's awesome).
As a large investor of Mintcoin I personally would like to go with the most secure option. If everyone agrees with this I would like to move forward with this implementation.
I have another developer on standby for these changes to be completed to make the other changes I mentioned as well. We can release the wallet with all features it looks like.
Okay. I think I am for it. Sounds like even at 45 seconds it would't increase orphans by much though. Still should be plenty of time. Still will be a big improvement. Would this help the slow sync times? |
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How big is the mintcoin wallet/blockchain right now?
I don't know, but it takes forever to sync... |
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Patience is the hardest discipline, with any game.
The return could be astronomical though.
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just pay another couple pennies to get your transactions confirmed in the next block.
Ahh, yes. If only those 10k unconfirmed transactions had paid higher fees they would be confirmed by now. Supply and demand would have decided which ones got including by who was willing to pay the most. Yes, but if we raised the cap slightly, miners "could" fit more transactions within a block, thus clearing this backlog. Raising your fee just places you at the top of the list. But the line is still increasing. And in theory, if that line continued for weeks, you'd pay eventually 1btc to be at the front of that line. That means that there would be 1 thousand other transactions every 10 minutes that were willing to pay 1 btc to have there transactions included as well. |
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just pay another couple pennies to get your transactions confirmed in the next block.
Ahh, yes. If only those 10k unconfirmed transactions had paid higher fees they would be confirmed by now. Supply and demand would have decided which ones got including by who was willing to pay the most. |
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I had to wait an hour and a half for the 1st confirmation earlier which was a bit irritating till i found this thread , but it wasn't really a problem.
I hope someone learned something useful out of this.
I learned that we need bigger blocks literally now. My transaction is still unconfirmed after 3 hours lol. Bigger blocks is not the complete answer. Just making the block bigger, might push a problem out somewhere else. orphan blocks ect. just pay another couple pennies to get your transactions confirmed in the next block. |
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Starting to go crazy.
wonder if more miners came online just for this test? Very fast block times right now.
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Edit: as of 1:39~ two blocks have been found and unconfirmed transactions per bc.i are at ~6,600 and total fees are at 50+ BTC (someone probably made a mistake in generating a transaction).
Where do you see 50+ fees? 50 BTC.. Man, someone must have sent a huge tx fee! Lucky miner that gets that one. |
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Edit: as of 1:39~ two blocks have been found and unconfirmed transactions per bc.i are at ~6,600 and total fees are at 50+ BTC (someone probably made a mistake in generating a transaction).
Where do you see 50+ fees? |
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I realize 99% of alts will die, When I said people are accumulating Alts, I was referring the the handful of good ones.
You mean there is more then just one good one? Yes, besides ixCoin there are a few decent alts although long term there will only be one: iXcoin.Don't ask anyone to agree on which alts are good though... |
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I realize 99% of alts will die, When I said people are accumulating Alts, I was referring the the handful of good ones.
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Half of bitcoin in 2 years?
It's no secret the market is accumulating altcoins faster than bitcoins right now. Bitcoin is slowing giving up market share to other coins.
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Looking forward to how the coin with not enough users to fill 20k blocks imagines it can fill 20MB blocks.
Should be interesting! |
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Are you preparing for the the test, or is the test ongoing?
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For the past year, or since the last ATH, I was saving gif's to post in this thread for during the rally. Last week I reformatted my hard drive. SMH.  So....we should sell? Yea sell. LOL |
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