WARNING:network under Massive spam attack.

[Quantus]

Fees today are over $2 to send a transaction. 100k transactions in mempool. Someone is spending a lot of cash to spam the network today.

Gee I wonder why? /s

I don't know much about mobile wallets or hardware wallets but they should alert the user when the network is this congested. With a easy to understand fee calculator/prediction pop up before you send your transaction.

[OmegaStarScream]

Its more then likely some people who are trying to prove that bitcoin need bigger blocks (Bitcoin Unlimited/Roger verr)?

[Sniper44]

why "warning" i though something horrible had happened!

and this is nothing new, and it seems like nobody is interested enough in it to do anything about it. miners are enjoying their higher earnings and everyone else is busy fighting over nothing with repeated arguments.

i haven't seen any solid arguments about "Who is doing the spam attacks?" we just keep repeating bitcoin is not anonymous then.
and i am not talking about conspiracy theories or pointing fingers. i am talking about some solid proof of someone doing some serious blockchain analysis and finding where these money for spam attacks are coming from.

[7788bitcoin]

Spam attacks have always been around... even if we HF to 2M, 4M or 8M, OR Segwit gets activated, these attacks will still come. Nothing to worry about.

[shinratensei_]

Spam attacks have always been around... even if we HF to 2M, 4M or 8M, OR Segwit gets activated, these attacks will still come. Nothing to worry about.

A Bigger block will be enough to accommodate a lot of spam attacks.
You will not be feeling worried about that, but the more people will get stuck n the bitcoin network due to the increase of unconfirmed transaction and the fees.
This will make them thought to use off-chain transactions due to the spam attack and scaling problem of bitcoin.
It's bad in my mind.
 

[SONG GEET]

Nobody have any incentive to attack bitcoin network with spam transactions like this other than the one behind bitcoin unlimited to create FUD that block size must be increased 

[aso118]

Its more then likely some people who are trying to prove that bitcoin need bigger blocks (Bitcoin Unlimited/Roger verr)?

We do need bigger blocks, but such attacks are unlikely to influence people.
They are unsustainable too. Why would you continuously burn money just to prove a point?

[SyGambler]

guys is there anyway to know if there is a spam attack or is it only normal transactions ??
I mean yeah 100k is huge , but bitcoins now is all over the news which may give a reason why there are many transactions atm
personally when the price start moving like this I start to move my bitcoins from different sites , for example I start to move my gambling investments to poloniex in order to trade or lend , but in normal days I don't do that

[mindrust]

Its more then likely some people who are trying to prove that bitcoin need bigger blocks (Bitcoin Unlimited/Roger verr)?

We do need bigger blocks, but such attacks are unlikely to influence people.
They are unsustainable too. Why would you continuously burn money just to prove a point?

They don't burn any money because it's the miners who are spamming the network. They are confirming their own spam transactions so they actually don't lose any money while giving us cancer.

Well played, wutang ju, well played.

[bamboylee]

This is nothing new. It happened in the past and will happen again.

Its more then likely some people who are trying to prove that bitcoin need bigger blocks (Bitcoin Unlimited/Roger verr)?

Or some rich miners just wanted to bump up the fees. If you are large enough miner, you can benefit if the network is clogged and users start throwing large fees to hasten their transactions. I don't know if this is possible, just a theory.

[Iranus]

Its more then likely some people who are trying to prove that bitcoin need bigger blocks (Bitcoin Unlimited/Roger verr)?

We do need bigger blocks, but such attacks are unlikely to influence people.
They are unsustainable too. Why would you continuously burn money just to prove a point?

They don't burn any money because it's the miners who are spamming the network. They are confirming their own spam transactions so they actually don't lose any money while giving us cancer.

Well played, wutang ju, well played.

They would lose money from sending loads of spam transactions actually.  It would be removing the profit that they would make from receiving transaction fees (with spam transactions, the transaction fees are their own money).

[jonald_fyookball]

No evidence of spam this time.  Blocks are full.  Time for bigger blocks miners!

[Nagadota]

Its more then likely some people who are trying to prove that bitcoin need bigger blocks (Bitcoin Unlimited/Roger verr)?

We do need bigger blocks, but such attacks are unlikely to influence people.
They are unsustainable too. Why would you continuously burn money just to prove a point?

They don't burn any money because it's the miners who are spamming the network. They are confirming their own spam transactions so they actually don't lose any money while giving us cancer.

Well played, wutang ju, well played.

They would lose money from sending loads of spam transactions actually.  It would be removing the profit that they would make from receiving transaction fees (with spam transactions, the transaction fees are their own money).

Sort of, but by setting spam transactions they're increasing the fees that people have to use and that often sustains after the attack as the fee market is not very competitive.  Regardless, transaction fees only actually account for a fairly small amount of miners' rewards and shouldn't actually be necessary.

That would also explain why people think that it's the BU side rather than the Core side (as both are offering scaling solutions that would fix the problem).  BU is mainly propped up by Bitmain/mining monopolies in its hashrate, and earning profit from spamming the network could even be part of their opposition to the LN.

[Yogafan00000]

Every time there is a big run up in price, it follows with a high mempool congestion followed by dump in price.

I think every time, it's a subset of soon to be ex-HODLers rushing their cold balance out of storage to exchange, LBC, etc to reap some well deserved profits, causing a mini-crash.

It's always the same.

I'm expecting a small-ish crash by May 15th.

[Qartada]

No evidence of spam this time.  Blocks are full.  Time for bigger blocks miners!

Both sides are offering a scaling solution.  Using a congested network to promote BU is meaningless - the network has been congested for a long time, with spam or without it, but SegWit would scale the network to the capacity needed right now as well.

[jonald_fyookball]

No evidence of spam this time.  Blocks are full.  Time for bigger blocks miners!

Both sides are offering a scaling solution.  Using a congested network to promote BU is meaningless - the network has been congested for a long time, with spam or without it, but SegWit would scale the network to the capacity needed right now as well.

I never said bu.  Theres more than 2 sides or 2 proposals   my proposal is an immediate hf to 2mb

[Master_dandosha]

Fees today are over $2 to send a transaction. 100k transactions in mempool. Someone is spending a lot of cash to spam the network today.

Gee I wonder why? /s

I don't know much about mobile wallets or hardware wallets but they should alert the user when the network is this congested. With a easy to understand fee calculator/prediction pop up before you send your transaction.

it is normal especially if you use web client like blockchain also remember many hackers will try to manipulate the network for getting low price , gain more coins. i expect more if the price over 2k dollors.

[BrewMaster]

Nobody have any incentive to attack bitcoin network with spam transactions like this other than the one behind bitcoin unlimited to create FUD that block size must be increased 

i wouldn't jump to any conclusions without having any proof. there are a lot of people/groups that have enough incentive and enough money to do a spam attack of this scale on bitcoin network:

• both sides of the block size debate (and this consist of all their supporters)
• altcoin pumpers. we have been seeing in the past month that altcoins like Ethereum and Dash have benefited from bitcoin's debate and big mempool and all these delays. and they both have enough money to do such an attack. we have even saw topics about this from their supporters before their pump started.
• miners. lets not forget with a spam attack, fees go up, and with that miners earn a lot more money.
• an entity that doesn't want bitcoin's usage (government?) i'd better stop here before i am assassinated

[thesavoyard]

Really a lot of daft opinions. Btc can't process the transactions and will never survive. The data cap is making the btc snail network unusable. 15 minutes for 3 confirmations during good times is too slow anyways.

[buwaytress]

I suspect you're right.

Right now, there are over 102 thousand unconfirmed transactions! The highest I've ever seen or even heard of!

Looks to be climbing slowly too... does anyone happen to know where I might find records of the highest unconfirmed txs are?