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281  Bitcoin / Bitcoin Discussion / Re: Mempool is now up to 25.5 MB with 22,200 transactions waiting. on: February 29, 2016, 03:32:18 PM
If this is a spam attack then an increased blocksize would make it less effective. Miners would be able to clear the mempool faster, making the spammers pay fees until they have enough of wasting their money.

Wrong. Slow connection users would have hard time catching up, and the dust would have to be archived forever.
282  Bitcoin / Bitcoin Discussion / Re: Mempool is now up to 25.5 MB with 22,200 transactions waiting. on: February 29, 2016, 03:19:42 PM
Now
11426
 18.63 MB



Another stress test? Grin
283  Bitcoin / Bitcoin Discussion / Re: Mempool is now up to 25.5 MB with 22,200 transactions waiting. on: February 29, 2016, 03:08:08 PM
25.5 MB? Grin

I see just 9286 tx and 15.05 MB

slightly above normal but nothing out of ordinary

EDIT: it's monday, one of the busier days, a little bit of commerce activity is nothing unusual
284  Bitcoin / Bitcoin Technical Support / Re: Bitcoin Unconfirmed/Pending Transactions Flooding Network on: February 29, 2016, 01:47:28 PM
On My node :  5580  Unconfirmed transactions
More than expected, but OK
285  Bitcoin / Bitcoin Technical Support / Re: ~18 hours with recommended fee's, still no confirmation :( on: February 29, 2016, 01:45:20 PM
They seem to be taking forever to get confirmed. I always send using the recommended fee in bitcoin core.

Your fees are too small. Best fee now is 15 satoshi per byte.

(Fee: 0.00002376 BTC - Size: 372 bytes)

You should use 15 x 372 bytes =   5580 satoshi fee = 0.00005580 Bitcoin fee



(Fee: 0.00001587 BTC - Size: 225 bytes)


225 bytes x 15 = 0.00003375 BTC FEE
286  Other / Off-topic / 1. April 2016 BIP: Block size decrease to 0.5MB on: February 29, 2016, 12:45:43 PM
Thanks to censorship, a 100% consensus has been reached in order to activate an effective block size decrease to 0.5MB on 1.4.2016

This highly anticipated fee event will boost miner revenues and serve as a bold warning to the illuminati behind the stress test.

After a successfull activation, the censorship on all social media will be lifted. This will cause a new consensus to be reached, for an urgent block size increase.

The subsequent massive block size increase will allow us to raise block size by 200%. This means, that the block cap will grow from 0.5 MB to 1 MB.

We expect that this massive increase will have a huge effect on the public image of Bitcoin, on the social media and will trigger a new major wave of adoption.
287  Bitcoin / Bitcoin Technical Support / Re: Bitcoin Unconfirmed/Pending Transactions Flooding Network on: February 28, 2016, 07:55:30 PM
At 14.9 satoshi per byte, I experience no flood.

The reason of high fee could be for spam of extremely large transactions.
288  Alternate cryptocurrencies / Altcoin Discussion / Re: How to do a clean hard fork leaving 2-chains on: February 28, 2016, 07:26:32 PM
I have just the advice: DONT DO IT


DO IT

Now you have every possible advice Smiley
289  Bitcoin / Bitcoin Discussion / Re: DDoS'er admits to being paid to attack classic nodes... on: February 28, 2016, 08:03:04 AM
In b4 it's a false flag being run by classic supporters.


that's one likely explaination
290  Bitcoin / Bitcoin Discussion / Re: BLOCKSTREAM Appreciation Thread on: February 27, 2016, 08:22:05 PM
Is there a Blockstream dev currently working on LN? I thought sidechains like Liquid were more their angle.


    [1] Lightning Network by Joseph Poon and Thaddeus Dryja (website), github repository (golang)
    [2] Deployable Lightning by Rusty Russel (Blockstream), github repository (C)
    [3] Thunder Network by Mats Jerratsch (Blockchain.info), github repository (Java)

The way i see it , the sidechain approach makes sense for now . It cannot be seriously used until the malleability is fixed by segwit. Once that's done, lightning will be developed for the real blockchain
291  Bitcoin / Bitcoin Discussion / Re: BLOCKSTREAM Appreciation Thread on: February 27, 2016, 08:02:34 PM
It might be fine for microtransactions, but no business in its right mind would want to lock up non-trivial amounts of bitcoins in payment channels; it's an invitation to regulation and market corrections.

Anybody can settle the tied up funds anytime. The question is , would the on-chain confirmation regulated? If anybody can prevent the channel closure from confirmation, then the same individual could effectively freeze any bitcoin even under the current rules.

Only difference is the channel closure has a specific close time window, so yes, the risk is slightly larger, but not significantly. We'll see
292  Bitcoin / Bitcoin Discussion / Re: BLOCKSTREAM Appreciation Thread on: February 27, 2016, 07:55:36 PM
No. Angry

Why? Storm in a teacup? Satoshi vision violated? 4 cent fees unacceptable?
293  Economy / Speculation / Re: At what price is bitcoin a good buy? on: February 27, 2016, 07:53:39 PM
Wait for Segwit deployment in a few months. Don't forget to scoop up your loan advances.

If the network ends tits up, you'll have your perfect investment opportunity.

Then HOOOOLD FOR THE LONGEST TIME.
294  Bitcoin / Bitcoin Discussion / Re: BLOCKSTREAM Appreciation Thread on: February 27, 2016, 07:47:02 PM
LN is not a scaling solution.

isn't it? Grin
295  Bitcoin / Bitcoin Discussion / Re: ToominCoin aka "Bitcoin_Classic" #R3KT on: February 27, 2016, 07:41:42 PM



feel free to replace  'Satoshi' with another respectable and active "bigblocker" we know today.
It is not even about Satoshi, it is about his vision, which many people still believe in, that is not an appeal to authority. At least not for the people that truly believe in this vision independently. His arguments stand by their own merit, not his authority, do not conflate the two.

lol imho satoshi is now in some pub browsing this drama on his phone. Man he must be laughing his ass now.
296  Bitcoin / Bitcoin Discussion / Re: ToominCoin aka "Bitcoin_Classic" #R3KT on: February 27, 2016, 07:30:16 PM

Satoshi's vision

 

As Seen on Reddit™
297  Bitcoin / Bitcoin Discussion / Re: ToominCoin aka "Bitcoin_Classic" #R3KT on: February 27, 2016, 07:15:54 PM
A bunch of shills on reddit and we're getting endless heated discussions, while Bitcoin operates correctly.

Everyone knew the rules for how long? 5 years? Everyone is aware of the perpetual "stress test" causing the blocks appear full.

Absolutely everyone knows about the Satoshi's 1MB rule, nobody even dared to complain when it was introduced during the initial spam tests.

Now people come here crying about 4 cent fees. Keep settling your pocket changes on exchanges or in Doge, crybabies.
298  Bitcoin / Bitcoin Discussion / Re: ToominCoin aka "Bitcoin_Classic" #R3KT on: February 27, 2016, 06:57:32 PM
I don't like the idea of a monopoly on what gets added to bitcoin and what doesn't.

Fine. You may like other network, Paypal maybe, or Doge? Where charismatic leaders or users respectively decide what gets added.

In a cryptocurrency, miners always have the final say in what gets added and what not.
299  Bitcoin / Bitcoin Discussion / Re: ToominCoin aka "Bitcoin_Classic" #R3KT on: February 27, 2016, 06:39:50 PM
This classic rebellion is completely pointless. The core team haven't failed at all. They are delivering and will deliver.

It's time to engineer and deploy SegWit. I'm confident it can be developed and deployed correctly. If that fails, and developers mismanage this, then it's turn for the haters to express their concerns and assemble their own team.
300  Bitcoin / Bitcoin Discussion / Re: Bitcoin Convicts on: February 27, 2016, 04:33:49 PM
And what about that martin shrek
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