Transaction Accelerator

[Senor.Bla]

Their services is getting quite popular these days. As we all know there is a problem, but we are not able to agree on the right course of action. People saying we need more services like this should see the big picture. We don't need this if we scale Bitcoin right. I'm not sure if we should make a moral question out of it. The offer the service and support BU, which might be not ok to some, but BU is not the enemy. Even if they all would support SegWit we would be far from reaching the 95%. I expect the situation to become even worse until Bitcoin will fail or solve the problem. Seems like the pressure is not high enough.

[d5000]

It's a clever marketing campagn. I think it's legitimate to display this message, although I don't approve the Bitcoin Unlimited consensus mechanism. And I think they don't lose that much money as some commented, because transaction fees still are much less relevant than the block reward (the last blocks had fees for 1-2 BTC compared to 12,5 BTC block reward).

We'll see if it continues to work if there is a real bottleneck with let's say 200-300K transactions in the mempool.

The Transaction Fee Booster looks cool, but seems to be more for advanced users as you must sign the transaction separately - nothing for the average Blockchain.info Joe ... 

[BitcoinNewsMagazine]

For those who are not familiar the Transaction Fee Booster thread is here.

If you like hardware wallets both Trezor and Ledger Nano S work fine with Electrum 2.7.18 giving you the ability to use RBF and dynamic fees while keeping your private keys offline. As long as you send replaceable transactions you should never need to use the separate transaction fee booster. Also I have never had to wait more than an hour for an Electrum transaction to confirm when fee slider is set to high. The new release seems to do a good job of estimating fees.

[blackhawkeye1912]

https://www.viabtc.com/tools/txaccelerator/

I've just seen the Transaction Accelerator hosted by ViaBTC, a miner clearly in the Bitcoin Unlimited camp.  The idea is that you submit your transaction to them, and they will include your transaction in the next block they mine.  I think it's a fantastic technical idea, however it comes at a cost.

I find it quite distasteful that they are subjecting Bitcoin users to the ugly scaling debate with their political propaganda against the Core team before you are allowed to use their "service."

It's obvious the purpose of this is to lure frustrated Bitcoiners with a promise of action and then subjecting them to a purely political point of view.

ViaBTC is of the opinion that the current "Bitcoin Core + Blockstream” Bitcoin development team is not taking satisfactory steps to ensure the growth and advancement of Bitcoin in accordance with satoshi's original white paper, and is in fact actively harming the health of the Bitcoin economy by actively stifling efforts to solve some of Bitcoin’s most pressing problems.

The reason why this Transaction Accelerator exists is due to problems created by Bitcoin Core’s inability and unwillingness to deliver any sort of meaningful protocol upgrade over the last several years, against the desires of the Bitcoin community at large. Those who have attempted to deliver the necessary upgrade have been vilified and silenced by Bitcoin Core and their affiliated censored media channels. Average users who dare to disagree are banned and have their comments deleted.

Rather than viewing Bitcoin as a fast, affordable, and reliable payments network, as it has been for years, they aim to transform Bitcoin into what they call “a settlement layer”, defined by high fees, unreliable transactions, and a labyrinth of complex overlays that require third-party trust on top of the basic system.

This development team has further prevented the ability of the Bitcoin community to freely discuss this radical change of direction by tacitly, and in some cases explicitly, supporting censorship of Bitcoin’s largest discussion forums, along with the outright banning of many prominent developers, businesses, and community members who have differences of opinion with Bitcoin Core’s current roadmap. After years of stagnation, stalling, and broken promises, it has become clear that positive change will not come from Bitcoin Core, but rather from the diverse group of alternate development teams that have emerged as a result of Core’s tactics.

The following article cites many specific examples of the rampant censorship on the "r/bitcoin" sub-reddit:

A (Brief and Incomplete) History of Censorship in r/bitcoin, by John Blocke

As efforts by the community to resolve these problems have failed, it is necessary to resolve them with a different approach:

By unsubscribing to /r/bitcoin, and subscribing to sub-reddit /r/btc you take a stand against censorship.
By running an alternate implementation, such as Bitcoin Unlimited or Bitcoin Classic, you are casting a vote against the current development team.
There are currently several other cryptocurrencies which perform better than Bitcoin, have more features than Bitcoin, have a more receptive and open development team than Bitcoin, and have a better upgrade path than Bitcoin. The only remaining qualities that Bitcoin has over these other cryptocurrencies are its first-mover advantage and its pre-existing network of users and infrastructure. If these qualities are not preserved, Bitcoin will continue to lose market share to competing cryptocurrencies.

The current Bitcoin Core developers are rapidly eroding this last advantage with poor design choices, a failure to understand basic economic principles, and promoting censorship through their support of censored discussion forums and their vilification of forums committed to free speech.

We encourage all members of the Bitcoin community to make their voices heard, and to stand up for what is right.

Sincerely,

ViaBTC

In my own perception, I'm not exactly so sure if the transaction is accelerating, there is a time that when you submitted transaction to that page viabtc there's a delayed happening before finding the block, on which transaction need to wait normally until via btc  find the block together our transaction into it.

[Yakamoto]

It's an ok idea, and i think that it might end up being something interesting to consider using at some point in the future, but for right now I just can't see myself really getting invested in something like that and using it repeatedly, especially considering my current transaction history.

I find it interesting though, I want to see more of the technical aspect of things and it sounds pretty impressive.

[Wind_FURY]

Politics aside, there is this tool which is more useful if you can get it to work:

https://bitcointalk.org/index.php?topic=1506632.0

I believe this will start a new trend. All mining pools will start their own transaction accelerators complete with a message of their own Bitcoin political agenda.

Segwit supporters, what are you waiting for? Do it and say why your accelerator is better.

[TastyChillySauce00]

Well, their services are now always full of submission that it's nearly impossible for me to get through and try their service, though, not all of those people who have tried their service give attention about their main purpose. Just use their services when you're struggling of waiting for confirmations and leave peacefully, this service kinda helpful for some people, I'm honestly supporting the existence of this service regardless their main purpose, Just my 2 cents.

[Vaskiy]

Politics aside, there is this tool which is more useful if you can get it to work:

https://bitcointalk.org/index.php?topic=1506632.0

I believe this will start a new trend. All mining pools will start their own transaction accelerators complete with a message of their own Bitcoin political agenda.

Segwit supporters, what are you waiting for? Do it and say why your accelerator us better.

Yeah if the backlog in transaction continues such accelerator service will get initiated and high competence will be expected as stated by the above mate. And this acceleration service happens based upon the mining pools. Now a debate once again gets evolved to prove which is better.

[Kakmakr]

These kinds of services is similar to someone spitting in your face, after they have won the fight. Miners are part of the reason why we have transaction delays and "waiting" times for the transactions to be confirmed. The fact that they are creating this problem and also providing a solution that benefits them, is sick to say the least. The same thing was done with the BitLicense in New York. < They created a highly complicated Bitcoin license process, and then they created a consulting firm to help people at a cost to adhere to these licenses and regulation. > ^grrrrrrr^

[Amph]

you can try this website, i just test it...nice one----  https://www.bitcoinaccelerator.info best webiste. only one downside is this this is not free.

no sense they want an additonal $5(250k satoshi) to accelerate my transaction, when in most case i can do good with a way lower amount than that, this is clearly a scam

viabtc is far better probably because it work with miner to have your transaction accelerated without additional cost

[HCP]

you can try this website, i just test it...nice one----  https://www.bitcoinaccelerator.info best webiste. only one downside is this this is not free.

here is another  Transaction Accelerator https:/www.bitcoinaccelerator.info

I'd suggest avoiding that website... it looks like a scam where they are just charging you $5 and then probably just submitting your transaction to ViaBTC accelerator (or worse, doing nothing)... they even copy/pasted the "FAQ" from ViaBTC and left in the bit that it is free!?!! 

SCAM Website:


Actual ViaBTC accelerator:



DO NOT, I repeat... DO NOT give any money to this website...

[MissGrey]

The concept of the tool I seem great, but the rest feel like politicking and just that. Maybe new users will get carried away with that.

[farharhadi]

I feel there is no problem, just use what I have to do.
So do not let it be a problem that will not arise things that are not what it wants, this is only the service they provide to the community without asking any cost.
So no one complains or hesitates.

[crairezx20]

you can try this website, i just test it...nice one----  https://www.bitcoinaccelerator.info best webiste. only one downside is this this is not free.

here is another  Transaction Accelerator https:/www.bitcoinaccelerator.info

I'd suggest avoiding that website... it looks like a scam where they are just charging you $5 and then probably just submitting your transaction to ViaBTC accelerator (or worse, doing nothing)... they even copy/pasted the "FAQ" from ViaBTC and left in the bit that it is free!?!!  

SCAM Website:


Actual ViaBTC accelerator:



DO NOT, I repeat... DO NOT give any money to this website...

The site what actually you are sharing is no longer active or i am the only one can't access the site?
Well viabtc is enough for me since its working to me even i am waiting for my transaction to be submitted..
Other than the viabtc i think there is no other site that actually can give the same service for free