Ultimate Bitcoin Stress Test - Monday June 22nd - 13:00 GMT

[dserrano5]

I think GMT is UTC+1 right now since it is daylight savings time.

GMT is equivalent to UTC. Only, it's unused in summer because people switch to BST, which is UTC+1.

[Kprawn]

Have anyone experienced any problems sofar or are you scared to submit transactions whilst this is going on? So if I understand this correctly, this experiment is going to cost them $5000 US in transaction fees?

I guess it's only the miners who will be smiling after this is done.  

Anyone want to wager on the outcome of this? I still feel, to validate this experiment, they should have done it, without prior notice. The notice influence the normal behaviour of the users in this scenario.

Well, I hope we will see some results soon... or a report of what people experienced whilst this was busy.    

[findftp]

-snip-
At this point the backlog of transactions will be approximately 241 blocks, or 1.67 days. When the average new transactions are factored into the equation, the backlog could drag on for 2-3 days. At this point, questions are raised such as whether or not this will cause a "crash landing." It is impossible to know with certainty, however we are anxiously looking forward to Monday.

Idiots. Bitcoin will certainly survive this, but all you will accomplish by this is

#1 you wasted your own money on fees
#2 you are an asshole for everyone trying to spend coins durring that period.

If you want to test something use the testnet or create a model, no sane person does tests on a live system.

Pretty much every space related part goes through extensive mechanical testing.
Also real cars are crashed to see the result.

Testing on a live system is the best test you can do.
Bring it on, test the shit out of it. Bring it to it's knees

[coinableS]

We're not really doing this again are we? Will there be another next month, and the month after until the blocksize debate is settled? I'm sure the miners don't mind since last time this happened the fee's per block nearly doubled.

[Quickseller]

And so it begins: https://blockchain.info/unconfirmed-transactions

Does anyone know if this has actually started or if this whole thing was a hoax? According to the OP, the test should have started ~20 minutes ago. Blockchain.info is showing ~5300 unconfirmed transactions (which may not be an all inclusive figure), and this is up from ~4000 unconfirmed transactions maybe between 10 and 20 minutes ago, although the fact that no blocks have been found in 30+ minutes is going to cause this number to be somewhat inflated.

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).

[publicjud]

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?

[rgm108]

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?

https://blockchain.info/unconfirmed-transactions

[KingAfurah]

6587.689453125 (KB)

[Quickseller]

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?

here:

http://imgur.com/5lpGy5W

[KingAfurah]

testing has started.https://anduck.net/bitcoin/mempool.png

[publicjud]

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?

https://blockchain.info/unconfirmed-transactions

50 BTC..  Man, someone must have sent a huge tx fee!  Lucky miner that gets that one.

[lunarboy]

Tradeblock showing 10k

https://tradeblock.com/blockchain/

you edited the post just I was commenting, nice chart 

[publicjud]

Starting to go crazy.

wonder if more miners came online just for this test?  Very fast block times right now.

[shorena]

Starting to go crazy.

wonder if more miners came online just for this test?  Very fast block times right now.

Yep, very close to the highest amount of unconfirmed TX (12k) since my node is running (Oct 2014)

[KingAfurah]

Blocks filled to the max now, 731 or 976kb, depending on miners configuration.

http://www11.pic-upload.de/22.06.15/jj819st2rxbv.png

[findftp]

Blockchain.info not refreshing anymore.
Other people with the same problem?

[CohibAA]

popcorn

Is there some convinient web page for monitoring attack and state of network, except blockchain.info?

blockr.io is another one that is pretty good.  My full node seems to have about 6 blocks worth of transactions in the memory pool as of right now.  Should be interesting.

[1FfmbHfnpaZjKFvyi1okTjJJu]

Starting to go crazy.

wonder if more miners came online just for this test?  Very fast block times right now.

This crazy huge fees will make price bitcoin moon
more minner and smooth transaction i like it

[RealMalatesta]

Starting to go crazy.

wonder if more miners came online just for this test?  Very fast block times right now.

This crazy huge fees will make price bitcoin moon
more minner and smooth transaction i like it

Naugh, seems to be a low flying moon...

[KingAfurah]

Predictions

•    Our above estimates are based on 1 block being mined every 10 minutes. This is standard, however deviations are likely to create temporary blips in our testing, in particular when there is an hour gap between confirmations.
•    The above calculations are based on each block being exactly 1mb and no other transactions appearing in the blocks. This is obviously unrealistic due to the fact that the average block size without our intervention is approximately 600kb. Furthermore, at least 30% of miners continue to cap blocks at 731kb. Others cap at 976kb.

Predictions is true:

http://www11.pic-upload.de/22.06.15/8awomk16our.png