More than 50,000 unconfirmed transactions

[requester]

Really its a minus point for button when the world is try to get digitized then we should get the platform/ infrastructure to practice digital life. 50000 unconfirmed trantransaction are really night mare for us. And also some user don't provide transaction fees so obviously miner will reject or keep in que. And also the number of miner had reduced after july halving because of almost constant rtae of bitcoin an award had been reduced to half.

[Wind_FURY]

Everything is fine now. Can anyone give a report what really happened? kiklio mentioned that it was not a small fee issue but a miners not finding a block issue. It would be nice if someone who knows the more technical side of Bitcoin to explain what causes a no block found issue and if there is a fix for that.

[kiklo]

Everything is fine now. Can anyone give a report what really happened? kiklio mentioned that it was not a small fee issue but a miners not finding a block issue. It would be nice if someone who knows the more technical side of Bitcoin to explain what causes a no block found issue and if there is a fix for that.

Miners started finding blocks much faster than every 10 minutes, this allowed them to catch up on the number of transactions being processed.

They started adding new blocks ~ 2 or 3 minutes.

Check here to monitor their blockspeed,
https://blockchain.info/

Check here to see the # of unconfirmed transactions. (Less than 10,000 at the moment)
https://blockchain.info/unconfirmed-transactions


 


FYI:  Franky1 explained as such

the rule is not 10 minutes!!!

its a hopeful 2016 blocks in 2 weeks

which could be a few blocks as quick as 2 minutes and a few blocks as slow as over an hour.. its just luck..
as long as it all adds up to an average of 2016 blocks a fortnight.

which then for those who hate maths.. means AVERAGE of MAYBE 10 minutes a block
not hard rule of 10 minutes a block

the hard rule is the 2016 block a fortnight target. the 10 minute thing is just layman unofficial conversation piece

To which I said:

Shows BTC Core is failing at improving Design, and the Chinese Miners are failing at keeping an semi-average block time.

Many Alts switched to a Difficulty readjustment after every Block to Prevent this kind of irregularity in BlockSpeed Timing.

BTC leaves theirs at 2 weeks and it causes these gaping holes in transactions times,
they need to fix this , if they ever want to be taken seriously.


 

FYI:
BTC better learn from what happened to ixcoin, when their large PoW miners dropped off it was only finding a block every few days.

[pooya87]

Everything is fine now. Can anyone give a report what really happened? kiklio mentioned that it was not a small fee issue but a miners not finding a block issue. It would be nice if someone who knows the more technical side of Bitcoin to explain what causes a no block found issue and if there is a fix for that.

you should read about bitcoin either from a reliable source such as https://en.bitcoin.it/wiki/ or from someone with unbiased comments not who you keep quoting and is a known bias troll when it comes to bitcoin.

the 1 hour time that you see before a block is mined is a normal thing that happens every now and then and because of that number of unconfirmed transactions grow but not from 2000 to 60,000 instead it grows from 2000 to 5000-7000

you can check this next time a 1 hour gap happens.

what caused the 60K unconfirmed transactions was a spam attack and the addresses involved are already found. you can find the topic about it in this board.

[kiklo]

Everything is fine now. Can anyone give a report what really happened? kiklio mentioned that it was not a small fee issue but a miners not finding a block issue. It would be nice if someone who knows the more technical side of Bitcoin to explain what causes a no block found issue and if there is a fix for that.

you should read about bitcoin either from a reliable source such as https://en.bitcoin.it/wiki/ or from someone with unbiased comments not who you keep quoting and is a known bias troll when it comes to bitcoin.

the 1 hour time that you see before a block is mined is a normal thing that happens every now and then and because of that number of unconfirmed transactions grow but not from 2000 to 60,000 instead it grows from 2000 to 5000-7000

you can check this next time a 1 hour gap happens.

what caused the 60K unconfirmed transactions was a spam attack and the addresses involved are already found. you can find the topic about it in this board.

Excuse me, the most accurate description of me was a BTC PermaBear  

@Pooya87 , you're not very good in math are you.

The most recent problem was caused by the backlog from not finding blocks, the one with the spam attacks, had little effect on the people paying the desired fees.
If you had bothered to read Wind_FURY, earlier post, he said it did include higher than the desired fee.

Are you so dim, you can't understand if their are ZERO BLOCKs,  then NO TRANSACTIONS can be INCLUDED,
No Matter how high of a Fee is Paid!

 


FYI:
Fact is BTC is fixed at 2016 blocks every 2 weeks which sorts out to an average blockspeed of 10 minutes,
due to a design failure the difficulty is only calculated every 2 weeks,
if BTC Core Devs got off of their Lazy asses and changed it to calculate difficulty after every block,
then these hour long gaps would not happen.
Design Failure , Fix it or live with it.  Pooya87

FYI2:
Of Course that would be a Hard Fork and all of you BTC zealots are afraid of hard forks.

[dbstmddhks]

Sh*t! It's happening again! We really need to increase that damned block size!

I've been waiting for more than 6 hours for a transaction to be confirmed, and I'm shocked to see there are more than 50,000 in the queue.

https://blockchain.info/unconfirmed-transactions

We need SegWit, or an urgent block size increase. For the sake of BTC, something needs to be done, fast!

This is going to crazy situation.

It is need to change the blocksize or take segwit.


From wan.

[Wind_FURY]

FYI:
BTC better learn from what happened to ixcoin, when their large PoW miners dropped off it was only finding a block every few days.

You cannot really think that do you? Bitcoin has already reached critical mass where it already has passed the ponzi scheme stage and it is already entering a stage where it is already has a circular economy. If the big miners drop off that will be a welcome ooportunity for the other miners waiting in line to make up for the gap. So it is not really comparable with Ixcoin.

[jonald_fyookball]

increase the blocksize.  enough of the nonsense.
unless core just wants to piss everyone off
to the point where we are all just running BU, thats fine with me.

[Viscount]

increase the blocksize

umm let me think...

No. You want to increase block size, others want to decrease...
We are gonna leave as it is... and just activate segwit for now.

[jonald_fyookball]

increase the blocksize

umm let me think...

No. You want to increase block size, others want to decrease...
We are gonna leave as it is... and just activate segwit for now.

 run whatever code you want bud

[kiklo]

FYI:
BTC better learn from what happened to ixcoin, when their large PoW miners dropped off it was only finding a block every few days.

You cannot really think that do you? Bitcoin has already reached critical mass where it already has passed the ponzi scheme stage and it is already entering a stage where it is already has a circular economy. If the big miners drop off that will be a welcome opportunity for the other miners waiting in line to make up for the gap. So it is not really comparable with Ixcoin.

It is a security Vulnerability nothing more nothing less,
Since BTC only updates their difficulty every 2 weeks,

Any of these scenarios could activate the issue that could cause blocks to be found intermittently.

1.  Large ASICS manufacturer drives up the Difficulty and then disconnects to cause a crash in BTC price (Shorting the Price of BTC to make money.)
2.  Someone physically damages the internet connection of a few of the largest mining Pools at the same time.
3.  Natural disasters such as tsunami take out a few large mining pools
4.  Hackers or a rogue governments DDOS the largest mining pools for a few days to prevent them from staying in sync with the network

The Solution so this is not an issue, is simple and the majority of alts have already implemented it ,
change the code so the difficulty is recalculated per every block instead of every 2 weeks.
But BTC core devs are too busy trying to get the altcoin know as LN to take over BTC to fix any onchain security threats.

 

   

[kiklo]

BTC transactions are backlogged again.  


67468 Unconfirmed Transactions
https://blockchain.info/unconfirmed-transactions


 


FYI:
If you need to transfer fast , either pay an insanely High BTC Fee or just use LTC instead.
LTC is faster & cheaper with none of these headaches.

FYI2:
The backlog this time is not being caused by blocks not being found like the last time.
Blocks are being found every few minutes this time, the network just can't keep up with the Transactions Volume. 

[JANGKRIK BOSS]

Really? I just know if confirmation of the bitcoin could reach 50.000. whether it's depending with wallet which is used when a transaction? In fact many secrets yet I understand of bitcoin. And this makes me curious with bitcoin.

[bL4nkcode]

At this time while BTC price increase and reached 1000 again the unconfirmed transactions increase also, it's already 70215 Unconfirmed Transactions, so to those who want to send bitcoins this time much better if you put a .0003 minimum fee in every transaction you made if it's urgent or you want to receive it eventually.

[Gleb Gamow]

At this time while BTC price increase and reached 1000 again the unconfirmed transactions increase also, it's already 70215 Unconfirmed Transactions, so to those who want to send bitcoins this time much better if you put a .0003 minimum fee in every transaction you made if it's urgent or you want to receive it eventually.

Hours ago I conducted three transactions back-to-back-to-back ALL including at least the minimum fee. The first one went through (read: confirmed) virtually instantly, whereas the other two are still pending, all three from the same source to the same location. No rhyme or reason as to why. Now that it's late, I guess I'll have to wait till tomorrow to move in my $4M home, tag my Lamborghini, and get serviced from an Asian hooker.   (or was it three pizza orders  )

[RoommateAgreement]

what the hell is happening again?
the frequency of the 50K+ unconfirmed transactions happening is increasing. before it was once a month or every other month but it seems like we are experiencing it every week.

[Wind_FURY]

FYI:
BTC better learn from what happened to ixcoin, when their large PoW miners dropped off it was only finding a block every few days.

You cannot really think that do you? Bitcoin has already reached critical mass where it already has passed the ponzi scheme stage and it is already entering a stage where it is already has a circular economy. If the big miners drop off that will be a welcome opportunity for the other miners waiting in line to make up for the gap. So it is not really comparable with Ixcoin.

It is a security Vulnerability nothing more nothing less,
Since BTC only updates their difficulty every 2 weeks,

Any of these scenarios could activate the issue that could cause blocks to be found intermittently.

1.  Large ASICS manufacturer drives up the Difficulty and then disconnects to cause a crash in BTC price (Shorting the Price of BTC to make money.)
2.  Someone physically damages the internet connection of a few of the largest mining Pools at the same time.
3.  Natural disasters such as tsunami take out a few large mining pools
4.  Hackers or a rogue governments DDOS the largest mining pools for a few days to prevent them from staying in sync with the network

The Solution so this is not an issue, is simple and the majority of alts have already implemented it ,
change the code so the difficulty is recalculated per every block instead of every 2 weeks.
But BTC core devs are too busy trying to get the altcoin know as LN to take over BTC to fix any onchain security threats.

 

  

After this post it is hard for me to take you seriously. You are only trolling and spreading FUD especially with you telling everyone to abandon Bitcoin and hold Litecoin instead in a post right after this. You have exposed your hidden and real motivation for doing so.

FYI:
If you need to transfer fast , either pay an insanely High BTC Fee or just use LTC instead.
LTC is faster & cheaper with none of these headaches.

You are funny. Litecoin will never be as big as Bitcoin. You are getting desperate. 

[kiklo]

FYI:
BTC better learn from what happened to ixcoin, when their large PoW miners dropped off it was only finding a block every few days.

You cannot really think that do you? Bitcoin has already reached critical mass where it already has passed the ponzi scheme stage and it is already entering a stage where it is already has a circular economy. If the big miners drop off that will be a welcome opportunity for the other miners waiting in line to make up for the gap. So it is not really comparable with Ixcoin.

It is a security Vulnerability nothing more nothing less,
Since BTC only updates their difficulty every 2 weeks,

Any of these scenarios could activate the issue that could cause blocks to be found intermittently.

1.  Large ASICS manufacturer drives up the Difficulty and then disconnects to cause a crash in BTC price (Shorting the Price of BTC to make money.)
2.  Someone physically damages the internet connection of a few of the largest mining Pools at the same time.
3.  Natural disasters such as tsunami take out a few large mining pools
4.  Hackers or a rogue governments DDOS the largest mining pools for a few days to prevent them from staying in sync with the network

The Solution so this is not an issue, is simple and the majority of alts have already implemented it ,
change the code so the difficulty is recalculated per every block instead of every 2 weeks.
But BTC core devs are too busy trying to get the altcoin know as LN to take over BTC to fix any onchain security threats.

 

  

After this post it is hard for me to take you seriously. You are only trolling and spreading FUD especially with you telling everyone to abandon Bitcoin and hold Litecoin instead in a post right after this. You have exposed your hidden and real motivation for doing so.

FYI:
If you need to transfer fast , either pay an insanely High BTC Fee or just use LTC instead.
LTC is faster & cheaper with none of these headaches.

You are funny. Litecoin will never be as big as Bitcoin. You are getting desperate. 

LTC may not be , but at least it is working. 

Funny, how you BTC shrills call everything fud, instead of working toward a fix.

Ever think of getting the issue fixed or are you guys incapable of that. 
1 hard fork with a 4 mb blocksize and you would not have to lie and call fud all of the time.

 

[Gleb Gamow]

FYI:
BTC better learn from what happened to ixcoin, when their large PoW miners dropped off it was only finding a block every few days.

You cannot really think that do you? Bitcoin has already reached critical mass where it already has passed the ponzi scheme stage and it is already entering a stage where it is already has a circular economy. If the big miners drop off that will be a welcome opportunity for the other miners waiting in line to make up for the gap. So it is not really comparable with Ixcoin.

It is a security Vulnerability nothing more nothing less,
Since BTC only updates their difficulty every 2 weeks,

Any of these scenarios could activate the issue that could cause blocks to be found intermittently.

1.  Large ASICS manufacturer drives up the Difficulty and then disconnects to cause a crash in BTC price (Shorting the Price of BTC to make money.)
2.  Someone physically damages the internet connection of a few of the largest mining Pools at the same time.
3.  Natural disasters such as tsunami take out a few large mining pools
4.  Hackers or a rogue governments DDOS the largest mining pools for a few days to prevent them from staying in sync with the network

The Solution so this is not an issue, is simple and the majority of alts have already implemented it ,
change the code so the difficulty is recalculated per every block instead of every 2 weeks.
But BTC core devs are too busy trying to get the altcoin know as LN to take over BTC to fix any onchain security threats.

 

  

After this post it is hard for me to take you seriously. You are only trolling and spreading FUD especially with you telling everyone to abandon Bitcoin and hold Litecoin instead in a post right after this. You have exposed your hidden and real motivation for doing so.

FYI:
If you need to transfer fast , either pay an insanely High BTC Fee or just use LTC instead.
LTC is faster & cheaper with none of these headaches.

You are funny. Litecoin will never be as big as Bitcoin. You are getting desperate. 

Wait till Vlad gets here and starts advancing his pet alt. First, let him finish eating his Romanian apple cooped up in some four-star hotel overlooking the protesters outside.

[Wind_FURY]

LTC may not be , but at least it is working.  

Funny, how you BTC shrills call everything fud, instead of working toward a fix.

Ever think of getting the issue fixed or are you guys incapable of that.  
1 hard fork with a 4 mb blocksize and you would not have to lie and call fud all of the time.

 

That does not change anything, sorry. Bitcoin is still number 1 and will stay there for a very long time. Talk to me again once Litecoin gets past the ponzi scheme stage and develop its own economy like Bitcoin. If you look at the whole cryptocurrency landscape, right now Monero has a better chance of success than Litecoin.

Welcome in my ignore list.