A block with only a single transaction?

[RangerK]

How is this possible?  https://blockchain.info/block-index/397162/000000000000005c96cd4c45b9bd96f3f75c4a94dad528bbead164f14c05a611

[1715403110]

1715403110

[1715403110]

1715403110

[1715403110]

1715403110

[1715403110]

1715403110

[grue]

ffs, search before posting.

this is what i got from searching MY ADDRESS BAR:
https://bitcointalk.org/index.php?topic=217559.0

[DannyHamilton]

Happens all the time.  There is no requirement in the protocol for miners to include transactions in a block if they don't want to.  It doesn't really matter since their block still adds to the consensus building of the blockchain.

[Barrack Obama]

Thats not normal..

[DannyHamilton]

Thats not normal..

Of course it is.

[acoindr]

Thats not normal..

You realize there is only one r in the name of POTUS Barack Obama.

[Trongersoll]

Thats not normal..

Of course it is.

It just isn't expected, but it happens.

[Bitcoin Ventures]

Thats weird

[Runescape]

Dude.. Use search bar thanks.

[Bitcoin Ventures]

Im not even sure.. wtf?

[razorfishsl]

Elgius......

They get round to paying miners and owe one guy 25 BTC
so they pack it up and feed it into thier own system to be verified.

[Boussac]

Happens all the time.  There is no requirement in the protocol for miners to include transactions in a block if they don't want to.  It doesn't really matter since their block still adds to the consensus building of the blockchain.

It does build the consensus about past transactions but it slows down the confirmations of new transactions.
It does not matter because miners will be incentivized more and more by bitcoin network transaction fees and by out of band value add fees.

[DannyHamilton]

It does build the consensus about past transactions but it slows down the confirmations of new transactions.

It does slow down the confirmations eventually, but not until the next difficulty adjustment.  The increase in confirmation time only lasts for 2 weeks (until the following difficulty adjustment).

[Remember remember the 5th of November]

Elgius......

They get round to paying miners and owe one guy 25 BTC
so they pack it up and feed it into thier own system to be verified.

How about Slush...

It does build the consensus about past transactions but it slows down the confirmations of new transactions.

It does slow down the confirmations eventually, but not until the next difficulty adjustment.  The increase in confirmation time only lasts for 2 weeks (until the following difficulty adjustment).

It slows down unconfirmed transactions.

[DannyHamilton]

It does slow down the confirmations eventually, but not until the next difficulty adjustment.  The increase in confirmation time only lasts for 2 weeks (until the following difficulty adjustment).

It slows down unconfirmed transactions.

We need to agree on what we are discussing or we'll be talking about two different things.

If you are comparing the miner mining that empty block to that exact same miner mining blocks that aren't empty, then it is very difficult to predict if the empty block slowed down the unconfirmed transactions or sped them up.

If you are comparing the miner mining that empty block to that exact same miner simply not mining at all, then it doesn't slow down unconfirmed transactions until the next difficulty adjustment.  The increase in confirmation time then only lasts for 2 weeks (until the following difficulty adjustment).

[polrpaul]

It simply means no transactions were included in that block - it can happen!

[razorfishsl]

JEZUS....
The question was about HOW weird it was.......

I gave one example of HOW it could happen, who gives a shit about slowing down confirmations, that was NOT the question and is OFF topic....
It happens a LOT...., but simply checking out the connected addresses would show what is going on... IF people took the time to research around the transaction & addresses.

[Runescape]

Thats not very strange IMO

[bytemaster]

This is why my new proposal is required.  While this may be seen as normal in the bitcoin world, it is also identical to a DOS attack and slows down transaction confirmation times.

My new proposal is a Proof of Minimal Work rather than proof of maximum work and relies upon miners including 90% of the 'expected' transactions in each block and only allowing for a minimal variance based upon network propagation delay.

https://bitcointalk.org/index.php?topic=253120.msg2693133#msg2693133

[DannyHamilton]

This is why my new proposal is required.  While this may be seen as normal in the bitcoin world, it is also identical to a DOS attack and slows down transaction confirmation times.

You are incorrect.

My new proposal is a Proof of Minimal Work rather than proof of maximum work and relies upon miners including 90% of the 'expected' transactions in each block and only allowing for a minimal variance based upon network propagation delay.

https://bitcointalk.org/index.php?topic=253120.msg2693133#msg2693133

Good luck with that.