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Author Topic: Not enough profits with 25 BTC reward to include more tx's?  (Read 2569 times)
Peter R
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November 08, 2013, 08:19:52 PM
 #21

Apart from the problem of recently slow block discovery times, on average the new blocks are only around 200K (containing around 200-300 tx's) despite a large queue of unconfirmed transactions.

As BTC is at record highs is it not possible for miners to be a little more generous and include more tx's (so the blocks are closer to the 1MB limit)?

Many are now waiting days for their first confirmation and it certainly doesn't look good for talking about scaling (if we want to keep saying zero or little fees - and I am not talking about dust or invalid transactions due to no fees when the spec requires them).

At least if there were some way to "add a fee" to an existing tx one could get it to process but instead now if you didn't set your client to include a mandatory fee you just wait, and wait, and wait.

Sad


I think your idea is an excellent one, CIYAM.

I learned yesterday while doing some "banking" that the blockchain.info app doesn't include fees when they are not strictly required (despite selecting the "generous fee" setting).  I have a single >1 BTC unconfirmed transaction that is now almost 24h old (all my transactions with fees went through immediately).  This would spook someone new to bitcoin if they thought something got screwed up and thought that now those coins may be lost. 

So I think your idea is great, but it would also be good if all the wallet software out there was more proactive in ensuring the default settings will "get the job done."

Run Bitcoin Unlimited (www.bitcoinunlimited.info)
chatterhead
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November 09, 2013, 01:22:25 AM
 #22

I am new to BTC , i m not worried about losing the coin, but I transfer the coin for a reason and the person on the receiving end does not like the delay at all, which everyone can understand.
I hope there is  way we can push the transaction thru -with a fee of course.
But currently there isn't such option...

In separate thread I was told blockchain client would eventually forgets about the transaction at all?  Now I am worried whether I will see my BTC again..
franky1
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November 09, 2013, 03:09:21 AM
 #23

I am new to BTC , i m not worried about losing the coin, but I transfer the coin for a reason and the person on the receiving end does not like the delay at all, which everyone can understand.
I hope there is  way we can push the transaction thru -with a fee of course.
But currently there isn't such option...

In separate thread I was told blockchain client would eventually forgets about the transaction at all?  Now I am worried whether I will see my BTC again..

getting a confirmation is normally only needed between 2 people who do not fully trust each other, this is to make sure the sender does not send the coin and then also send the exact same balance back to himself, causing the amount sent to the other party becoming void.

if you are doing a transaction to a friend and he knows you well enough to not cheat him, or at least knows you well enough to know where to go to slap you across the face with a wet fish if you did cheat him. then you wont have to worry about confirmations

I DO NOT TRADE OR ACT AS ESCROW ON THIS FORUM EVER.
Please do your own research & respect what is written here as both opinion & information gleaned from experience. many people replying with insults but no on-topic content substance, automatically are 'facepalmed' and yawned at
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