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Author Topic: Over an hour and no confirmations...?  (Read 1076 times)
kwoody (OP)
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January 25, 2013, 02:21:11 AM
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I sent a payment 1 hour and 13 minutes ago to somebody. No confirmations so my purchase hasn't gone through. I received a payment earlier at 4:26PM eastern standard time and it's now 9:20PM and there are only 25 confirmations on it. Is something wrong with the network...? surely these numbers can't be normal.
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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, which will follow the rules of the network no matter what miners do. Even if every miner decided to create 1000 bitcoins per block, full nodes would stick to the rules and reject those blocks.
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CurbsideProphet
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January 25, 2013, 02:34:58 AM
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I sent a payment 1 hour and 13 minutes ago to somebody. No confirmations so my purchase hasn't gone through. I received a payment earlier at 4:26PM eastern standard time and it's now 9:20PM and there are only 25 confirmations on it. Is something wrong with the network...? surely these numbers can't be normal.

Did you add on a fee?  How much?

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January 25, 2013, 02:36:49 AM
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I didn't, but it also didn't prompt me to give one.
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January 25, 2013, 02:37:43 AM
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That's probably why.  It will go through eventually but will take considerably longer. 

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January 25, 2013, 03:07:09 AM
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Are you using bitcoin-qt? Closing and reopening it will make it rebroadcast the transaction, helps sometimes.

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January 25, 2013, 03:35:31 AM
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Sometimes payments take 1-3 hours just wait.
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January 26, 2013, 09:49:12 AM
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Looking at block chain.info, it appears that sometimes there is a gap of an hour or more between blocks being generated. I don't understand why this happens, but I think that would delay all transactions and create a big backlog, because the blocks are what confirm the transactions.  Paying a bigger fee might get you to the head of the line, but it looks like a flaw in the system.

On 1/24, I had a transfer between codebase and Mt. Gox that took over 6 hours! This does not build trust in bitcoin as a currency.  Will this get worse as transaction volume grows?
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January 26, 2013, 01:23:47 PM
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Looking at block chain.info, it appears that sometimes there is a gap of an hour or more between blocks being generated. I don't understand why this happens, but I think that would delay all transactions and create a big backlog, because the blocks are what confirm the transactions.  Paying a bigger fee might get you to the head of the line, but it looks like a flaw in the system.

On 1/24, I had a transfer between codebase and Mt. Gox that took over 6 hours! This does not build trust in bitcoin as a currency.  Will this get worse as transaction volume grows?
The time between generated blocks is completely random.  It is designed to be approximately 10 minutes, but it is frequently more or less than that.  The transaction volume doesn't have much effect on time between blocks.

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