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541  Bitcoin / Bitcoin Discussion / Re: Ouch, today someone made a transaction with over $500k fee. on: September 10, 2023, 09:06:53 PM
Assuming its a legit mistake only a major pool would fix this. A small pool would likely keep it.

It was mined by F2Pool

Seems like an human errror but i don't know what to think.

According to the mempool.space page the block match with the expected, that means that the TX was public broadcasted.



The weird thing is that the TX is using the same source address as one of the outputs that means that it is the change wallet, so they may forgot to add the balance to that address or some faulty software/script did that.




542  Bitcoin / Bitcoin Discussion / Re: Summarizing issues in the bitcoin community and how to address them. on: September 10, 2023, 08:46:20 PM
More of 80% of the pending transacction on mempool are dust.

Well that is actually anoying i did a small sampling from the mempool pending TXs and I count only those with one input, one ouput and output value less than 600 satoshis, and more of the 80% of those match with this criteria.


Here is the code that i used was:

Code:
import sys
import json
import math
import time
import random
import requests

def round_up_to_decimals(number, decimals):
    factor = 10 ** decimals
    rounded_number = math.ceil(number * factor) / factor
    return rounded_number

def get_tx(txid):
    tx = None
    try:
        url = ""
        if networkname=="bitcoin":
            url = "https://mempool.space/api/tx/" + txid
        elif networkname=="testnet":
            url = "https://mempool.space/testnet/api/tx/" + txid
        else:
            print("Unknow network")
            exit()
        response = requests.get(url)
        if response.status_code == 200:
            tx = response.json()
            return tx
        else:
            return tx
    except Exception as e:
        print(f"An error occurred: {e}")
        return tx

def get_mempool_txids():
    time.sleep(0.01)
    txids = []
    try:
        url = ""
        if networkname=="bitcoin":
            url = "https://mempool.space/api/mempool/txids"
        elif networkname=="testnet":
            url = "https://mempool.space/testnet/api/mempool/txids"
        else:
            print("Unknow network")
            exit()
        response = requests.get(url)
        if response.status_code == 200:
            txids = response.json()
            return txids
    except Exception as e:
        print(f"An error occurred: {e}")
        return txids
       
networkname = "bitcoin"
print("Downloading mempool txids list")
txids = get_mempool_txids()
# Save in to file optional
#print("Saving file....")
#with open("mempooltxids.txt", "w") as file:
#    file.writelines("%s\n" % txid for txid in txids)
if len(txids) == 0:
    print("Error getting mempool TX")
print(f"Total TX on mempool: {len(txids)}")
dust_counter = 0
total_counter = 0
for i in range(0,1000):
    txid = random.choice(txids)
    tx = get_tx(txid)
    if(tx is None):
        print(f"Error")
        dust_percentage = 100 * (round_up_to_decimals(dust_counter/total_counter,4))
        print(f"\nTotal dust tx found {dust_counter} of {total_counter}: %{dust_percentage}")
        exit()
    if(len(tx['vin']) == 1 and len(tx['vout']) == 1 and tx['vout'][0]['value'] < 600):
        dust_counter += 1
    #txids.remove(txid)
    total_counter += 1
    print(".",end="")
    sys.stdout.flush()
dust_percentage = 100 * (round_up_to_decimals(dust_counter/total_counter,2))
print(f"\nTotal dust txs found {dust_counter} of {total_counter}: %{dust_percentage}")


Output:
Code:
albertobsd:~$ python3 count_dust_tx_mempool.py
Downloading mempool txids list
Saving file....
Total TX on mempool: 564411
...
Total dust txs found 855 of 1000: %85.5

According to the Mempool.space API documentation:

Quote
GET Mempool Transaction IDs
Get the full list of txids in the mempool as an array. The order of the txids is arbitrary and does not match bitcoind.

I use random choice in python

Quote
The choice() method returns a randomly selected element from the specified sequence.

So in general this problem may get worse in the future if the ordinals don't stop their SPAM

543  Economy / Services / Re: [OPEN-AVATAR] Yo!Mix Bitcoin Mixer Signature Campaign| Reward up to $200/w on: September 10, 2023, 01:11:26 PM
Payment sent for Week#34
Click here for transaction details.

Thank you, payment received.

By the way I get rank of Sr Member in the middle of the week, but i still accept the Full member payment (I see that @CryptSafe is on the same situation), I still want to participate in this campaign.
544  Local / Español (Spanish) / Re: ¿Como obtubieron su primera fracción de Bitcoin? on: September 10, 2023, 01:01:13 PM
... Las que van a 0.01 y 0.02 parecen netamente sobrepagadas, máxime si comparamos con otros bloques cercanos (igualmente con muy pocas TXs) donde hay TXs a 0,0005 BTCs por ejemplo. Claro que el valor del BTC entonces era otra cosa…

Asi es se parecen mucho a los bloques de Testnet hoy en dia y eso cuando se podia minar con CPU incluso  Cry

Dejo una imagen del bloque mencionado.



Nada realmente interesante en el horizonte por mi parte: época del ATH 2017/2018, buzz por todas partes, lectura en el foro para tener cierta base, compra de fracciones de bitcoin en un Exchange...

Por lo visto iniciaste ya algo tarde pero ya es ventaja sobre la mayoria de los que apenas estan tratando de entrar ahora, Yo nisiquiera inicie en el 2011, estuve a punto de invertir cerca de 1000 USD en ese tiempo, sin embargo la situacion era mucho mas caotica, se escuchaban muchas noticas de fraudes y de hackeos a los exchanges lo cual me hizo pensarlo mucho y termine dando vuelta a la pagina.
545  Local / Español (Spanish) / Re: ¿Como obtubieron su primera fracción de Bitcoin? on: September 09, 2023, 08:30:21 PM
Comente que era un faucet pero realmente no recuerdo que pagina era ni cual era su proposito, posiblemente eran prubeas para realizar un mixer o simplemente querian promover el uso de bitcoin en esa fecha que por cierto fue en Junio del 2011.



Hoy en día no es fácil conseguir buenos faucets, y la raíz de el problema son los bots, incluso los sistemas de captcha llegan a ser vulnerados. El único que sigo usando de vez en cuando es https://freebitcoins.com/faucet/


Acabo de revisar la pagina y solo dan 10 satoshis cada hora, ademas para realizar un retiro tienen una couta fija de 20 mil sats...

Lo que significa que tendrias que pedir 2000 veces, eso seria aproximadamente 83 dias pidiendo cada hora y solo para pagar la comision de retiro...

Da un poco de risa no crees? Por lo menos yo no le veo un uso practico, estoy deacuerdo de que hay que tratar de salvar cada satoshi posible pero en este caso no creo que valga la pena el esfuerzo. imagina que pides 10 sat cada hora del año eso es un total de 87600 sats al año lo cual son 22.64 USD al precio de hoy, menos la comision te quedarian 17.47.

Creo que seria mejor solo participar en una campaña de firma/avatar aqui en bitcointalk que perder esl tiempo con ese tipo de faucets. Por lo menos esa es mi opinion

Perdon por desviar el tema.
546  Bitcoin / Bitcoin Discussion / Re: imagining what he will be like the last halving on: September 08, 2023, 11:24:07 PM
I wonder in what time of the future we start to see fractions of satoshis / vB in the main network? I know  right now that may sound ridiculous, but we're seeing fractions of Satoshi as fees in Lightning Network, so I think that is very probable to see the same thing on the main network.

I know that most of you don't want to think on bitcoin in terms of fiat but let me do that in this example:

Right now each sat represent (0.00026 $USD )

Lets to said that some predictions comes true and the bitcoin hits 1M per Coin

That means that every sat will represent 0.01 $USD  or just 1 cent of the fiat money,

At the rate of 1 sat/vB each single segwit transaction of 140 vB the fee will cost 1.4$ USD
547  Economy / Exchanges / Re: Etoro wallet pending transaction 28days on: September 08, 2023, 01:57:08 AM
Any help would be gratefully received.  

Your only choice is CPFP

This mean that you need to move that balance paying some 40 sat/vB to move both TX.

I had never seen a transaction go beyond approximately 2 weeks without getting purged out of the mempool

Actually it should be is purged from regular mempool nodes, Explorer nodes set more memory for it, also they only show you the data thay they already have formated in its database.

Which type of exchange still sets the fee rate at 1 sat/vbyte?  Grin

A gredy one, that is sad, most of the exchanges pay usually up to x2 times more fees to avoid get stuck like that, and that is not usually free, they charge you that amount to you and to another clients..
548  Local / Español (Spanish) / Re: ¿Como obtubieron su primera fracción de Bitcoin? on: September 07, 2023, 06:35:02 PM
En 2010 o 2011 no recuerdo bien, obtuve 0.02 btc de un faucet o pagina similar que te mandaba dicha cantidad a tu cartera, recuerdo que en ese momento instale el Bitcoin-Core en windows, cree una cartera copie y pegue la direccion en la pagina y si, la fraccion de 0.02 bitcoin llego, revise donde estaba el archivo de la cartera, lo respalde y no volvi a ver tema de bitcoin hasta el 2020.

Tristemente no pedi mas bitcoin en ese tiempo.

Saludos!
549  Other / Beginners & Help / Re: Unfortunately, this problem is increasing yearly on: September 07, 2023, 06:12:47 PM
The issue of Swap SIM attacks is a concern that extends beyond the cryptocurrencies, affecting traditional banking and any accounts reliant on SMS based 2FA

The heart of the problem lies with the centralized exchanges. Remember "Not your keys, not your crypto" holds true even in this context. Entrusting your assets to these platforms puts you at risk without doubt

One potential solution could be to transition away from SMS based verification in favor of one-time password codes. OTPs are typically more secure than SMS, as they are generated independently and are less susceptible to interception. However, it's worth noting that even this approach has its own set of challenges.

In the event of a Swap SIM attack, your email account could also be compromised. For instance, Google recently introduced a feature that backs up your 2FA secrets from the Google Authentication APP to the cloud. While this might be convenient for users, it does introduce a new layer of vulnerability. In this scenario, even OTPs may not provide foolproof protection.

To address these issues, it's essential for both users and service providers to remain vigilant. Service providers, need to continually assess and improve their security measures to stay ahead of emerging threats like Swap SIM attacks.
550  Bitcoin / Bitcoin Discussion / Re: Summarizing issues in the bitcoin community and how to address them. on: September 06, 2023, 10:01:33 PM
Ps: you said you did not found any topic related ro this issue and now I think i am reading your reply late while I already read 3 topics on this issue before reading yours.

The thing that i didn't found was a topic about the current problems, issues or things that may affect to the bitcoin ecosystem.
551  Bitcoin / Bitcoin Discussion / Re: Summarizing issues in the bitcoin community and how to address them. on: September 06, 2023, 01:20:01 PM

Nice to know @ETFbitcoin always good post with you.
I just checked the lastest blocks of that minner and I see that it is true, there are some block with a few ADDED transaction with low fee like 3 or 5 sat/vB.

Regardless that they page advertise some 10000 sat/kB ~10 sat/vB

Quote
Paste or enter the TXID you want to accelerate. The volume of a single transaction must be ≤0.5 KB, and the transaction fee rate should be ≥ 0.0001 BTC/KB.

I am going to test it today

So you really think $0.65 is too expensive for the average Joe? The one who cannot pay that amount for the transaction has much bigger problems than the current situation with mempool...

Agree with you, that depends of course of the amount that are you going to move, if you are moving 1 BTC you really don't worry about the fee to pay for it, but if you are going to move only 30K sat those fees may worry you, anyway i recomend to anyone that is moving smalls sats amounts just wait for lower fee to consolidate their uxtos.

there are several threads discussing this so I really don't see the point in making this another one.

The title of the topic said "Summarizing issues..."

none of those who can do something concrete will lift a finger to change something about how someone feels about blockchain being used in this way.

Thay may be true, but one of my sugestion is to educate people:

but atleast i think that having more educated people can raise more awareness about how to handle this situtation IMHO
552  Bitcoin / Bitcoin Discussion / Re: Summarizing issues in the bitcoin community and how to address them. on: September 06, 2023, 11:01:04 AM
I think developers should find side-chain solutions for Ordinals to be used just for that.... it will reduce "dust" on-chain and it can alleviate congestion in the Mempool.  Tongue

Totally agree with that. Ordinal problems can be solved if they move to anoter chain or simplely shut it down that shit

I don't think the miner will consider this because they will see on the different perspective.

High fee is good for them while low fee is bad for them regardless it's BRC-20 transaction or Bitcoin transaction.

Yes that is why i add "a little" even if they allow 1% of the block for non dust TX, they aren't lose 1% of their profits.. (I want to make a calculation about this)

How will these tips help in solving the problem of spam/dust transactions of Ordinals?

It can be said that your advice is good for those who want to reduce fees, but it will not solve the problem of Ordinals.

From my point of view (that it may be wrong) the main idea of use segwit addresses or Taproot address is that those Transactions need less space on the block, for example so if we can change 100 UXTOs P2PKH by 150 UXTOS P2TR or P2WPKH then i think that "it is something" good.

My bet it is on the long run, a faster adoption of those Address may lead in more transactions included in a single block and yes i know that this don't have anything with the fee sat/vB that people opt to pay in their transacctions, but atleast i think that having more educated people can raise more awareness about how to handle this situtation IMHO
553  Bitcoin / Bitcoin Discussion / Re: HALVING IS GOING TO CAUSE A GENERAL EFFECT ON ALL IN THE ECOSYSTEM. on: September 06, 2023, 04:09:17 AM
Please as simple as you can I'd love to get your explanation on this.

It will be some cycle:
- Initially, miners experience a direct reduction in their revenue because they receive fewer coins for their mining efforts.
- Some miners may find that the reduced rewards make mining unprofitable, and they may decide to shut down their mining operations.
- The total computing power, or hashrate, of the network may decline as miners with higher operational costs exit the market.
- If the hashrate decreases significantly after a halving, the difficulty will decrease as well.
- A lower difficulty level may attract new participants to the mining industry only if the price of bitcoin rise and this may be the case, keeping the currect demand for bitcoin some constant but the new suply reduced this may lead to an price increment

This is more or less the cycle of th halvings with a lot of small details ommit or oversimplified
554  Bitcoin / Bitcoin Discussion / Re: Summarizing issues in the bitcoin community and how to address them. on: September 06, 2023, 02:39:53 AM
Is there only one issue that the Bitcoin community is facing right now?

No it is not the only issue, that is why I add that the list is open to add more.

,t is best to choose a wallet that allows you to personalize your fees. You can save a lot with it.

Nice options, I think that it was implicit about a good wallet, but if is not clear I am going to edit the list to include them explicitly
555  Bitcoin / Bitcoin Discussion / Summarizing issues in the bitcoin community and how to address them. on: September 06, 2023, 12:38:58 AM
I just checked in a few boards and i don’t see a topic like this, so i am going to start it.

I want to create a list of the current problems of the bitcoin community and open a discussion for possible ways to help to solve it or atleast try it.

Please feel free to correct me if i am wrong or suggest some solutions if don’t mention it, the list of issues is open to new items



List of issues
  • The current network congestion caused by the spam/dust transactions of Ordinals.

How to address each of the previous issues

The current network congestion caused by the spam/dust transactions of Ordinals.

If you are a regular user of bitcoin

  • Educate yourself how to save try to save every satoshi at the moment of make a transaction
  • Choose a good wallet that allow you to setup the fee manually
  • stop using legacy addresses, try to start using segwit address or taproot address
  • Learn about terms like RBF, Bump fee, CPFP, UXTOs
  • You can perform some tests on the TESTNET environment, just to validate your knowledge.
  • If a transaction isn’t urgent try to wait for the correct moment to broadcast it and learn how to select a good fee value for it.

If you are a business interested in to accept bitcoin transacctions

  • Start accepting payments using the Lightning Network

If you are developer of some exchange or entity that perform bitcoin transactions

  • Save every satoshi that you can. (Try to demostrate to your employer that this changes can generate profit for them)
  • Implement as soon as possible segwit or taproot wallets
  • Try to avoid the use of p2pkh wallets
  • Implement an efficient way to select automatically a correct fee for your transaction.
  • If your transaction need to be bump for fee, just increment 1 sat/vB, there is no need to double your current amount of fees, your transaction will be included in the next block regardless if you increment the fee in 1 sat/vB or in 100 sat/vB

If you are miner

  • We know that mining it is a business but the final user experience will dictate the legit demand of bitcoin in the future, nobody is going to like to perform transactions in a network that prioritize dust/spam transactions and have highest fees
  • Check the possibility of reducing a little the priority to those dust transactions in any case the mempool is full of legit transactions that are also paying fees.
  • Check the possibility of reserve some little percentage of space the block to include some stuck transactions, less than 3% or even 1% will be good those transactions can be selected randomly
  • Remember that the health of the network depends in a wide way of your actions



I am going to try to make some videos trying to educate to the final users about this topics, also i want to redact some kind of open letter to the miners.

Wha do you think about this, i want to read you.

Regards!
556  Bitcoin / Bitcoin Discussion / Re: Are miners congesting the bitcoin network? on: September 05, 2023, 01:35:46 PM
As per my Ordinals Dashboard (I’ve just updated it), block 806280 contains 7.292 Ordinals out of the 7.616 TX, occupying 91,6% of the block (see "Weight of Ordinals per Block" on the Dashboard).

I have not done any deep investigation but looking at the block example you shared and some other blocks with such transactions, I can say that this is the continuation of the same Ordinals Attack that started months ago, specially since as I warned months ago with the growing side-market that encourages this type of spam attack, it is not going to die anytime soon.

Thank you very much, so its clear those are ordinals, nice to know it.

my doubt start when I saw the status ADDED on some of those, i guess that those TX were broadcasted in the last second, anyway thank you again.

557  Bitcoin / Bitcoin Discussion / Are miners congesting the bitcoin network? on: September 05, 2023, 07:42:53 AM
OK Folks just to be clear I'm not pointing to any specific service or entity. Actually I am asking

I don’t know if they are miners, mixers, exchanges or just spammers bumping overall other users fees?

In the past week, fees have been bouncing around 10 to 20 sat/vB (I know this is less than previous congestion caused by the ordinals BRC-20 ). And It is pretty normal for it to fluctuate during the course of the day,  I'm cool with it.

Graph:



But here's the thing, there's a bunch of these dust transactions that are paying more in fees than they're worth. And I'm not talking about a few, I've seen loads of them.

Also i’ve seen those dust TX with status of “Added”, This comes from the audit function on mempool.space.
According to the mempool.space documentation that only means that those were mined directly by that miner and the TX were broadcasting privately



Quote
ADDED
A transaction is highlighted blue if it is not present in the expected block, present in the actual block, and also either:

  • far out of the expected feerate range, meaning the miner may have intentionally prioritized the transaction
  • not in the mempool at all, meaning the miner may have accepted the transaction out-of-band
I know that miners need to maximize their profit, but common this is affecting regular users.

Recently some block with more than 7500 TX was minned

https://mempool.space/block/000000000000000000028ee2f1668e346cdf974cf94e302dd02998439d4ec30d



From those more of 7500  TX around 97% are dust amounts.

Code:
QTY TX : Output amount
1632  : 546
4185  : 294
1470  : 295

To be exact, 7287 Dust TX in a single block

My theory is that some miners are spamming the blockchain on purpose incrementing the average fee to profit (At the end if they are going to keep the fees for themselves, then doesn’t matter if they pay more fee than the output amount)

All this is just my speculation and I can be wrong, just my two satoshis.

What do you all think about this?

558  Local / Español (Spanish) / Re: ¿Que tan legales son los Mixers? on: September 04, 2023, 01:04:22 PM
La cuestión de si los mixers de criptomonedas pueden considerarse cómplices de los hackers es un tema complejo y controvertido, es de hecho tema para debate y puede ser interminable.

en mi humilde opinion deben de ser considerados como neutrales ya que en si son solo una herramineta y el uso que se le depende del usuario final, si es cierto que a veces las herramientas pueden ser utilizadas como armas pero en todo caso esto no hace responsable al fabricante de la herramienta (Esto tambien es detatible)

Algunos puntos a tener en cuenta:

  • Los mixers son herramientas tecnológicas diseñadas principalmente para mejorar la privacidad y la fungibilidad de las criptomonedas. Su objetivo principal es permitir a los usuarios mezclar sus monedas con las de otros usuarios para dificultar el seguimiento de las transacciones. Desde esta perspectiva, son herramientas neutrales y no necesariamente cómplices de actividades ilícitas.
  • No todos los que utilizan mixers tienen intenciones maliciosas. Muchos usuarios pueden optar por usar mixers para mejorar la privacidad de sus transacciones por razones legítimas, como proteger su información financiera o evitar la vigilancia gubernamental excesiva.
  • Dependiendo de la jurisdiccion y los operadores de los mixers pueden verse obliados a cumplir requerimientos legales y tener que  complir regulaciones aplicables.

Saludos!
559  Bitcoin / Project Development / Re: Keyhunt - development requests - bug reports on: September 04, 2023, 12:31:25 PM
Rmd-160 hash security is 80 bits AFAIK.

Firstly, yes, there is some truth to the idea that address collisions can happen, but it's not quite as straightforward as it may seem. Let's through the lens of the Birthday Paradox.

According to Birthday paradox is possible to find a collision aproximatly near the first squared_root of (2^160),  Now, that might sound like a lot, and it is! But here's the twist – this collision could involve any address with or without any cryptocurrency balance. To really make this work, you'd need a substantial log or database of the previous 2^80 addresses.

Now, you might be wondering about the likelihood of this collision involving some famous wallet addresses like '1Feex...' or '11111...'. Well, it's incredibly unlikely.
560  Bitcoin / Bitcoin Discussion / Re: Is FullRBF allowing double spend? on: September 04, 2023, 12:04:18 PM
One confirmation would be sufficient, but Lightning would be better.

Thank you for the clarification.


Just include a height or width parameter in the img code. For example:
Code:
[img width=800]https://www.talkimg.com/images/2023/09/03/mSaMD.jpeg[/img]

Nice to know!

Consider using talkimg for uploading images on bitcointalk, as it's specifically created for that purpose.

Yes indeed i used talkimg for this images. Thanks again!
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