blockchain spam

Added to my list of Mother of all spam attacks
This is starting to get silly.

Are these your addresses? It looks like the fees used in some of the most recent (and unconfirmed) transactions are very low, and will likely not confirm until the current backlog is essentially eliminated.

Why do you care about this spam?
Spamming the network with such transactions is pointless.
Somebody is wasting time and efforts for nothing.

Quote from: Quickseller on February 25, 2017, 07:24:29 AM

Are these your addresses?

No. I do not waste my funds for nothing. If I would want to spam blockchain for any reason
I will not publish my transactions on forum.

Why do you think that I am responsible person for all bitcoin problems? Grin

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It looks like the fees used in some of the most recent (and unconfirmed) transactions are very low,
and will likely not confirm until the current backlog is essentially eliminated.

Such spam is the reason of current backlog

Quote from: davis196 on February 25, 2017, 07:37:19 AM

Why do you care about this spam?

I don't care. I only published it for others who may care.

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Spamming the network with such transactions is pointless.

Nothing is pointless.

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Somebody is wasting time and efforts for nothing.

Wrong

I wonder when the asking of right questions start. questions such as how to fight these types of spam, not just this new method of big transactions spending multiple inputs but also the older ways of spamming regular looking transactions every 2 seconds transactions that spend 1 input and have 1 or 2 outputs.

Quote from: Pursuer on February 25, 2017, 08:05:33 AM

Probably by adding a few restrictions on what people can do with the chain.Limiting their access to the network or verifying the outputs before the transactions are broadcasted.But that would take the 'open-ness' out of the bitcoin source and people would call it a more centralized thing.

Quote from: amaclin on February 25, 2017, 07:56:12 AM

Why do you think that I am responsible person for all bitcoin problems? Grin

Lol, I don't blame you for all of Bitcoin's problems. I do know you well enough to know that you are a Bitcoin expert who likes to profit off of vulnerabilities -- I also know that you have your own unique way of making problems/flaws in various systems public.

Quote from: amaclin on February 25, 2017, 07:56:12 AM

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It looks like the fees used in some of the most recent (and unconfirmed) transactions are very low,
and will likely not confirm until the current backlog is essentially eliminated.

Such spam is the reason of current backlog

I disagree. 19yj1mUuA6nAoCRVvPY7Wo8MmBc9jPJBpo for example is spamming transactions with an ~12 sat/byte fee while others such as 17bgX68iQZW4RxeQTSw3AZBpboMKjYsscB and 1BMLUBy8MMEmpvudWhHXgnv5VCNr5ZxF3n are spamming transactions with a ~40 sat/byte fee.

It is reasonable to say that there are roughly 10 mb worth of transactions that pay a fee in excess of 40 sat/byte and in excess of 30 additional mb worth of transactions that pay in excess of 10 sat/byte (I do not have a breakdown in increments less than 10 sat/byte). source).

It will take more than 10 blocks to reduce the mempool so that miners are confirming 40 sat/byte transactions because new transactions are being broadcast, and users will reasonable pay market rates for tx fees, which are above 40 sat/byte, and any transaction above this rate will result in this backlog not declining.

It's the free market, people have the right to do anything if the follow the rule.
There is no rule to forbidden people do such things.

Nothing surprising, happens every time when there is a backlog. Somebody (who is currently pushing for large block sizes) tries to make the network unusable to force bitcoin to increase block size so it would be even easier for them to ddos the network with huge cheap txs and eventually kill bitcoin. But they will fail as they always had )

Quote from: Neelyjzo on February 25, 2017, 08:19:56 AM

It's the free market, people have the right to do anything if the follow the rule.
There is no rule to forbidden people do such things.

The beauty of decentralized system? NO? The current blockchain spam is very annoying, affecting people that has little to no technical knowledge on Bitcoin. Not all bitcoin users have the knowledge about the transaction fee adjustment, and this spam may give them trauma (first time experience in Bitcoin transaction and a result of days of waiting since they have no knowledge about tx fee competition) . This might be funny but it is true.

Quote from: piramida on February 25, 2017, 08:26:10 AM

bitcoin to increase block size so it would be even easier for them to ddos the network with huge cheap txs

I disagree. Because you making a wild guess.

I find these facts, kindly correct any of them that are wrong:
* In the past 7-8 years blocks were empty
* In the past 7-8 years txs were cheap even free
* Nobody ddos the network!
* They are spamming with 100,000 transactions (50 MB to 70 MB) http://statoshi.info/dashboard/db/memory-pool past 7 days
* What you said is only true if we increase the limit to something such as 10 MB or more

Today, free for send BTC highter than befor many

Quote from: Q? on February 25, 2017, 08:47:48 AM

Quote from: piramida on February 25, 2017, 08:26:10 AM

bitcoin to increase block size so it would be even easier for them to ddos the network with huge cheap txs

The blocks weren't empty. There's always the coinbase transaction and other transactions. The transaction fee has always been there, as the adoption rate increases, it will rise.

Bitcoin is still usable, just pay a higher fee. Increasing the block size will make it much more expensive to impact Bitcoin at this scale.

Quote from: Q? on February 25, 2017, 08:47:48 AM

Quote from: piramida on February 25, 2017, 08:26:10 AM

bitcoin to increase block size so it would be even easier for them to ddos the network with huge cheap txs

Right, I don't know for sure. What I know are facts, and they are - this is not the first and not second ddos attack; they been going on since bitcoin classic and the block size debate started. Every time there is a slight congestion, or a difficulty adjustment, network gets attacked. So your facts are incorrect, somebody is actively trying to prove their point or just harm bitcoin adoption. Even 2x block size increase will make such attacks much more dangerous and heavy for the verifying nodes, in effect block size increase could allow the attacker to kill the network nodes with specially crafted txs like these. But the layman would be requesting block size increase seeing so many transactions, and thats what the attacker is hoping for.

Good thing that bitcoin developers are smart and can continue securing the protocol under such an immense pressure.

These were just the small transactions with decreased fee. It all happens with user requirements. If they doesn't need a short time confirmation would go for these transactions. Few websites provide prioritize transactions with certain fee amount. This too might be a part of those addition.