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Author Topic: Bitcoin client not receiving or confirming payments.  (Read 2722 times)
djex
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June 13, 2011, 08:48:47 PM
 #1

I received a payment from BTCGuild a few hours ago and it hasn't gotten a single confirmation yet. I've restarted the client and still no luck. So I tried to send a payment from deepbit. I've waited an hour so far and no payment has been received. I'm getting very few connections to the network (1 - 2 connections). I haven't changed any thing with my computer or set up so I'm not sure what the problem could be.

Any one else experiencing this problem?

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mewantsbitcoins
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June 13, 2011, 08:59:36 PM
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There is a backlog of >1600 transactions. Be patient it will get there  Wink
djex
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June 13, 2011, 09:03:16 PM
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How does that happen? Have we maxed out the speed that the bitcoin network can process transactions?

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June 14, 2011, 02:35:28 AM
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There is a backlog of >1600 transactions. Be patient it will get there  Wink

Is that a normal number? Or does it only happen sporadically?

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June 14, 2011, 02:45:48 AM
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How many transactions can be in a block?
Garrett Burgwardt
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June 14, 2011, 03:05:23 AM
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Blocks are limited in size, but not in many transactions there can be. The bigger a tx, the lower priority it is. The larger a tx (value) the higher priority it is. There older the coins are, the higher the priority is.

So in this case, it's probably a small tx of newly minted coins. That means it is very low priority, and assuming btcguild didn't include a fee, it'll take a while to confirm.

And the backlog is a little high, but not bad.

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