60,000 Unconfirmed transaction and counting

[bartolo]

If this is something intentional, I do not know, it's a bad idea, it's not good for bitcoin adoption. In any case, it is a sign that sooner or later it is necessary to find a solution to the problem of scalability.

[BitFinnese]

This is just 60k it will went thru eventually, I have seen more than 100k unconfirmed transaction and network still goes on, no delay on my transaction as long as I pay the right fee.  This maybe an attack but who knows, maybe Bitcoin is getting that much adoption that unconfirmed transaction pile up.  Larger Blocksize or Segwit, just get on the upgrade so we can have a better user experience.

[EthSports]

This is why bitcoin won't ever handle as many transactions as VISA...Eth is way faster

[susila_bai]

This is why bitcoin won't ever handle as many transactions as VISA...Eth is way faster

This is not a big problem it is just false spam attack created  by the coders so that bitcoin network and miners get pressure to implement segwit or other solution. which is not needed

[mr.mister]

This is why bitcoin won't ever handle as many transactions as VISA...Eth is way faster

This is not a big problem it is just false spam attack created  by the coders so that bitcoin network and miners get pressure to implement segwit or other solution. which is not needed

Yes, it is needed. obviously you know nothing about the blockchain.

[Kemarit]

This is just 60k it will went thru eventually, I have seen more than 100k unconfirmed transaction and network still goes on, no delay on my transaction as long as I pay the right fee.  This maybe an attack but who knows, maybe Bitcoin is getting that much adoption that unconfirmed transaction pile up.  Larger Blocksize or Segwit, just get on the upgrade so we can have a better user experience.

This is definitely an attack on the bitcoin. This has happened in the past and have come at the same time as when the news of another hardfork is looming again. And this attack cannot be overlook. Who is behind this? Well your guess is as good as mine. hehehe  . And I'm pretty sure that many has left scratching their heads just who is really behind these. One must question who will benefit in this sorts of attacks. So I guess, we will just have to let it pass and see what damaged has done in the bitcoin ecosystem.

[The One]

CORE removed the priority fee - no free tx if matured (meaning the every block/hourly spammer vs mature holder pay the same)
CORE removed the reactive fee - meaning it doesnt drop as soon as there is no demand
CORE added average fee - meaning it stays up based on the last 25+ block average fee
CORE stopped doing the usual lower the dust limit amount by a decimal when the price rises 10x (was 5000sat at $6 should be 50sat dust max)
CORE added more rules to reject relaying tx's unless certain fee is included

core literally removed all the coding things and just screamed "just pay more"..

so dont blame the pools.

In which version did the Core do all this? How did this happen and did anyone protest back then? How come it was stopped?

[gentlemand]

LAST 1000 BLOCKS:

Bitcoin Unlimited blocks: 369  ( 36.9% )            
Bitcoin Classic blocks: 4  ( 0.4% )            
SegWit blocks: 279  ( 27.9% )

Bitcoin holders want bigger blocks: https://vote.bitcoin.com/arguments/block-size-limit-should-be-increased-to-8-mb-as-soon-as-possible

Miners and holders both want bigger blocks, and the TXs are backlogged. Core can raise the block size or cease to be relevant. Take your pick, Maxwell.

So much hashrate controlled by one little fella and a poll on a site controlled by one of his special friends. Sounds objective.

And I'm with the spam theory. To go from very little to creaking backlog in no time at all when there's absolutely no reason points to the simplest explanation.

[The One]

And skip the malleability argument because I've already seen plenty of easier ways to deal with that.

Such as.

[KennyR]

By the time of BU rise it's found that more than 90,000 transactions stuck on the network. Same as that now once again a big number has stuck on the network. This is  surely a spam attack, because everything is going good​and there's nothing as a issueto contribute and cause it.

[lottery248]

IIRC the another contributing factor of leading to 60.000+ unconfirmed transactions is because the problem of the bitcoin mixing, you know bitcoin laundering requires a lot of addresses and transactions each other.

[cryptoanarchist]

So much hashrate controlled by one little fella...

Yes, Valery Vavilov. Pretty ironic that the Latvian is more of a commie than the asian.

[sdp]

Segwit solves tx malleability.   Its hard enough to get merchants to accept bitcoin when it works.   If instead we start again with hundreds of altcoins, it is a harder sell.   Maybe there is a soft layer we could add, like a multichain wallet that shows value in fiat and spends using a non congested chain at random.

There is a very nice litecoin wallet for Android that is apparently peer to peer. 

sdp

[BADecker]

Down to well under half of what it was this morning.   

[HongKong]

I've been trying to accelerate my transactions with the Transaction Accelerator from the website called viabtc.com, they work pretty well. The transactions that I've made were confirmed within 24 hours and I can't really complain on the type of speed that it has because I have a feeling that if I didn't use that then my Bitcoins would be within limbo like everything other transaction on Bitcoins Blockchain.
I think that this website is the only one out there right now though.

[Slark]

This is why bitcoin won't ever handle as many transactions as VISA...Eth is way faster

Bitcoin purpose is not to beat VISA's transactions capacity - AFAIK Visa can process up to 8000 tx per second.
Tell me - which altcoin can do the same or better?

Bitcoin is a new way to free you from the VISA, Banks, middlemen and parasitocracy of the old system.
Do you really want to complain about that BTC is not better than centralized payment system?

[OROBTC]

I've been trying to accelerate my transactions with the Transaction Accelerator from the website called viabtc.com, they work pretty well. The transactions that I've made were confirmed within 24 hours and I can't really complain on the type of speed that it has because I have a feeling that if I didn't use that then my Bitcoins would be within limbo like everything other transaction on Bitcoins Blockchain.
I think that this website is the only one out there right now though.

I just ran a pair of transactions through ViaBTC's acceleration service, which I have used with success quite a few times.

Both attempts were good ("Acceleration succeeded").  Now we will see how long it takes for the confirmations to actually happen.  I put both in by 10:10 PM (US ET).  As of now, there are about 29,800 unconfirmeds, so we'll see.

[gentlemand]

This is why bitcoin won't ever handle as many transactions as VISA...Eth is way faster

And anyone who sold it to you on that basis needs slapping upside the head. It might be conceivable with huge advances but it certainly won't happen as is. And there already is a wonderful payment system that can do this. It's called Visa.

[coin-investor]

This is why bitcoin won't ever handle as many transactions as VISA...Eth is way faster

Bitcoin purpose is not to beat VISA  transactions capacity - AFAIK Visa can process up to 8000 tx per second.
Tell me - which altcoin can do the same?

Bitcoin is new way to free your from the VISA, Banks, middlemen and parasitocracy of the old system.
Do you really want to complain about that BTC is not better than centralized payment system?

I'm not complaining either I'm glad that I'm free from middlemen who will restrict my account up to 180 days if they think I have unusual activity in my account but those transactions lag should be address to make everything fine and smoothly and bitcoin adoption continous

[warwar]

This numbers of unconfirmed transactions is being  common and frequently happening in this days in blockchain network.Due to smaller blocks i think thats why there are big numbers of transctions that are unconfirmed.This is happening almost everyweek now in the network.