P4ndoraBox (OP)
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May 24, 2017, 03:51:27 AM |
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Let say I'm an individual that want to help the bitcoin transaction ecosystem.
Is there any way I could do so to help bitcoin users to accelerate the process to reduce in any way the maximum block height ?
There is for sure the segwit that seem to work for a couple other cryptocurrencies, and a centralised project called bitcoin unlimited that could benefit a precise pack of people around it.
Is there any other cases that I could do as a regular user, passionated by Bitcoin and every other cryptocurrencies, to help and move upward ?
Thank you
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pooya87
Legendary
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Activity: 3584
Merit: 10909
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May 24, 2017, 04:24:57 AM |
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your question is extremely weird block height is the number you see as the last block mined for example the last block was 467849 by the time of writing this. you can't reduce this! it is representing the longest chain and number of blocks that have been mined so far. i don't understand your main question either. if you want to help others un-stuck their stuck transactions then lead them to this topic: https://bitcointalk.org/index.php?topic=1802212.0and if you yourself know about the fees and how much is appropriate then teach them that too.
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P4ndoraBox (OP)
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May 24, 2017, 04:28:56 AM |
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your question is extremely weird block height is the number you see as the last block mined for example the last block was 467849 by the time of writing this. you can't reduce this! it is representing the longest chain and number of blocks that have been mined so far. i don't understand your main question either. if you want to help others un-stuck their stuck transactions then lead them to this topic: https://bitcointalk.org/index.php?topic=1802212.0and if you yourself know about the fees and how much is appropriate then teach them that too. Well... I know about the fee and everything, as to go to viabtc to accelerate the process and etc. What I dont understand, is that people are now paying their transactiosn fee a way higher price to get them processed as it was 5 years ago, but btc price has greatly upgraded... Guess there is some stuff I have to catch on myself as well. I'll check your link and study it carefully, thank you for your quick answer. ( Edit : My main language is French, there will be some obvious typo, but i'm about sure you'll understand my points )
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naughty1
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May 24, 2017, 04:32:06 AM |
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Let say I'm an individual that want to help the bitcoin transaction ecosystem.
Is there any way I could do so to help bitcoin users to accelerate the process to reduce in any way the maximum block height ?
There is for sure the segwit that seem to work for a couple other cryptocurrencies, and a centralised project called bitcoin unlimited that could benefit a precise pack of people around it.
Is there any other cases that I could do as a regular user, passionated by Bitcoin and every other cryptocurrencies, to help and move upward ?
Thank you
At present, 2mb segwit is considered the best way to solve this problem. Larger volumes along with decentralization will allow for fast, low-cost, high-security transactions.
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Nevis
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May 24, 2017, 04:56:34 AM |
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There are things that are limited to users and one it is that the transaction processor,there is nothing you can do to make the transactions faster unless youre one of the developers of the network
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Sithara007
Legendary
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Merit: 1352
Leading Crypto Sports Betting & Casino Platform
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May 24, 2017, 05:15:34 AM |
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At present, 2mb segwit is considered the best way to solve this problem. Larger volumes along with decentralization will allow for fast, low-cost, high-security transactions.
Do you really think that SegWit is a permanent solution? 2MB may be OK now, but after a few months, when the userbase expands further it is again going to face the same issue. Perhaps we should increase the block size to 8MB or make it unlimited.
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Amph
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Activity: 3248
Merit: 1070
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May 24, 2017, 05:34:07 AM |
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there is reply by fee option but you need to download a patch, i always thought you can use the "abandon transaction" which is build in core, but it's not possible if not in the mempool to use this, and zapwallettxes -rescan also probably won't be accepted by the network and create issues
my two transactions are still stuck there 92690b02403237b8681b7e9804fddb6e82f6ebcdde68cf355673f184449e6d81 17d5403074cda1822ee1622555824529a37454f471293de927569683b0b00a3a
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CryptoBry
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May 24, 2017, 07:15:38 AM |
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Yes, I think there is. And that is to avoid Bitcoin transaction for the time being as you can just be adding to the clogged ecosystem of Bitcoin. Just hold to your Bitcoin and let it increase in value. Just watch them in your wallet for now and enjoy watch the dollar value increase every minute.
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ASHLIUSZ
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May 24, 2017, 07:25:58 AM |
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At present, 2mb segwit is considered the best way to solve this problem. Larger volumes along with decentralization will allow for fast, low-cost, high-security transactions.
Do you really think that SegWit is a permanent solution? 2MB may be OK now, but after a few months, when the userbase expands further it is again going to face the same issue. Perhaps we should increase the block size to 8MB or make it unlimited. As stated 2Mb might be a temporary solution, because the reason I think is that bitcoin with blocksize debate will cause a mining problem with the small scale miners. Corporates take part into the mining process as they can invest big and tries to keep the network under their control.
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Seville
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May 24, 2017, 07:32:20 AM |
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best way of confirm is just paying the fees.. 50 Cents USD can get you fast times.. 30 mins usually
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boby-1
Member
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Activity: 86
Merit: 10
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May 24, 2017, 08:13:48 AM |
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Pay higher fees to get it confirmed more quickly...
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asyakashi
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May 24, 2017, 08:24:17 AM |
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Pay higher fees to get it confirmed more quickly...
So true. The faster the fee the faster the transaction. It's happened some excanger who has raised the fee ... Burdening for newbie
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🎁 | ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ . | ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ . 375% | 200 . ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ | ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ . | 🛞 | ☆ | | ☆ | 🛞 | ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ . | ▀▀▀▀▀▀▀▀▀▀ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ . | ▀▀▀▀▀▀▀▀▀▀▀▀ .U P T O . ▄▄▄▄▄▄▄▄▄▄▄▄ | ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ .300€ + 50 . ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ | ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ .F R E E S P I N S . ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ | 🎁 | |
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iram3130
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Merit: 1010
ITSMYNE 🚀 Talk NFTs, Trade NFTs 🚀
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May 24, 2017, 09:31:07 AM |
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Pay higher fees to get it confirmed more quickly...
So true. The faster the fee the faster the transaction. It's happened some excanger who has raised the fee ... Burdening for newbie The higher the fee the faster the transaction. That's not the solution actually, it'd like bribing the miners to confirm our transaction. Only segwit is the better solution for our problems right now.
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DoublerHunter
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May 24, 2017, 09:42:00 AM |
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Let say I'm an individual that want to help the bitcoin transaction ecosystem.
Is there any way I could do so to help bitcoin users to accelerate the process to reduce in any way the maximum block height ?
There is for sure the segwit that seem to work for a couple other cryptocurrencies, and a centralised project called bitcoin unlimited that could benefit a precise pack of people around it.
Is there any other cases that I could do as a regular user, passionated by Bitcoin and every other cryptocurrencies, to help and move upward ?
Thank you
As an average user too, we can't help other users to confirm their transaction because we are not miners and the miners only confirms the transactions, the only thing that we can do is to help other user to prevent their transaction to get stuck by telling them to pay the right amount of recommended fees so they can get a faster and average speed of transaction, i think that is what we can only do.
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BTCLovingDude
Legendary
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Activity: 1134
Merit: 1010
BTC to the moon is inevitable...
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May 24, 2017, 10:25:54 AM |
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there is reply by fee option but you need to download a patch, i always thought you can use the "abandon transaction" which is build in core, but it's not possible if not in the mempool to use this, and zapwallettxes -rescan also probably won't be accepted by the network and create issues
my two transactions are still stuck there 92690b02403237b8681b7e9804fddb6e82f6ebcdde68cf355673f184449e6d81 17d5403074cda1822ee1622555824529a37454f471293de927569683b0b00a3a
well you paid less than 1/3 of recommended fee and that is why these are stuck. and as for RBF you need to contentiously rebroadcast the new transaction if you have a full node so that when the old transaction is dropped the new one is picked up in its place. and if you have trouble with core and replace by fee see this: Bitcoin Core
Bitcoin Core makes making Full RBF transactions very easy. Simply go to the transactions list, right click the transaction that is stuck, and choose the "Abandon Transaction" option.
If that option is greyed out, then you must restart Bitcoin Core with the -walletbroadcast=0 option and then you should be able to use "Abandon Transaction".
If the above two options fail for some reason, then you can start Bitcoin Core with the -zapwallettxes option to clear all unconfirmed transactions from your wallet.
Once the transaction is either Abandoned or cleared from the wallet, you can simply go to the Send tab and send the Bitcoin again but make sure that you include a sufficient transaction fee.
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--looking for signature--
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P4ndoraBox (OP)
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May 26, 2017, 05:12:05 AM |
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A lot of Pro and Cons, I like it.
True that Segwit 2mb blocks would help, but it could be a temporary solution, as unlimited is not necessary.
Segwit could help a lot, but once 2mb blocks will face the same situation we are facing now...Can we do another segwit to 4mb and etc in the years after ?
Your thoughs
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qiwoman2
Legendary
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Activity: 2114
Merit: 1023
Oikos.cash | Decentralized Finance on Tron
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May 26, 2017, 05:40:26 AM |
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best way of confirm is just paying the fees.. 50 Cents USD can get you fast times.. 30 mins usually Not anymore, I have a transaction stuck where I still paid DOUBLE THE ADVANCED fee requested nearly 2 bucks for a 0.022 BTC transaction and it's been stuck for 6 days. I think the pools and miners are just holding our BTC to ransom and at this rate I will lose confidence in Bitcoin and use other ways to get my money out if the greedy miners don't let go of my funds. Bitcoin as supposed to be known for fast transactions, not holding onto MY MONEY for days on end, not knowing if I will ever receive it.
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Amph
Legendary
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Activity: 3248
Merit: 1070
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May 26, 2017, 05:40:36 AM |
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there is reply by fee option but you need to download a patch, i always thought you can use the "abandon transaction" which is build in core, but it's not possible if not in the mempool to use this, and zapwallettxes -rescan also probably won't be accepted by the network and create issues
my two transactions are still stuck there 92690b02403237b8681b7e9804fddb6e82f6ebcdde68cf355673f184449e6d81 17d5403074cda1822ee1622555824529a37454f471293de927569683b0b00a3a
well you paid less than 1/3 of recommended fee and that is why these are stuck. and as for RBF you need to contentiously rebroadcast the new transaction if you have a full node so that when the old transaction is dropped the new one is picked up in its place. and if you have trouble with core and replace by fee see this: Bitcoin Core
Bitcoin Core makes making Full RBF transactions very easy. Simply go to the transactions list, right click the transaction that is stuck, and choose the "Abandon Transaction" option.
If that option is greyed out, then you must restart Bitcoin Core with the -walletbroadcast=0 option and then you should be able to use "Abandon Transaction".
If the above two options fail for some reason, then you can start Bitcoin Core with the -zapwallettxes option to clear all unconfirmed transactions from your wallet.
Once the transaction is either Abandoned or cleared from the wallet, you can simply go to the Send tab and send the Bitcoin again but make sure that you include a sufficient transaction fee.
i didn't know about this command -walletbroadcast=0, but still the abandon transaction thing is greyed out, the transaction is not eligible for that command, and -zapwallettxes require to download again the whole blockchain i can't use it there isn't somethign else in prune mode that can give you the possibility to send again your transaction?
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Kakmakr
Legendary
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Activity: 3542
Merit: 1964
Leading Crypto Sports Betting & Casino Platform
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May 26, 2017, 05:47:53 AM |
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Pay higher fees to get it confirmed more quickly...
This is the worst advice you can give to people. Only miners will give people that kind of advice, because they profit from this scaling problem. < swimming in high miners fees > If I had the power and the money, I would get rid of the whole bunch and fund massive decentralized mining alternatives to counter their greed. To answer your question OP, I think running a full node and joining a pool that supports a realistic scaling solution will help at this moment. ^grrrrrrrr^
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davis196
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May 26, 2017, 06:02:12 AM |
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Let say I'm an individual that want to help the bitcoin transaction ecosystem.
Is there any way I could do so to help bitcoin users to accelerate the process to reduce in any way the maximum block height ?
There is for sure the segwit that seem to work for a couple other cryptocurrencies, and a centralised project called bitcoin unlimited that could benefit a precise pack of people around it.
Is there any other cases that I could do as a regular user, passionated by Bitcoin and every other cryptocurrencies, to help and move upward ?
Thank you
I quess that you don`t understand how the blockchain works. Bitcoin unlimited is not the solution,it`s a part of the problem. Deleting all the very small spammy transactions is the only solution for me.
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