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ErebusBat
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February 05, 2013, 11:36:01 PM |
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May I ask how can I "consolidate some outputs"?
By sending yourself some transactions. For example if a bitcoin address has 100 0.001 BTC outputs you could send yourself one 0.1 BTC transaction to combine the 100 outputs into one. The problem is it may end up costing more in transaction fees than the inputs are worth. Would it be possible to implement some sort of warning similar to how git warns you that you need to do a 'git gc'? "WARNING: Your wallet is amassing a large number of small values outputs. You should consolidate them ASAP or it may end up costing more in transaction fees than the inputs are worth." Obviously you would need to indicate that in itself would cost fees, but maybe it would help people from getting too far into the mess? |
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SgtSpike
Legendary
 Offline
Activity: 1400
Merit: 1005
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February 05, 2013, 11:37:01 PM |
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May I ask how can I "consolidate some outputs"?
By sending yourself some transactions. For example if a bitcoin address has 100 0.001 BTC outputs you could send yourself one 0.1 BTC transaction to combine the 100 outputs into one. The problem is it may end up costing more in transaction fees than the inputs are worth. Would it be possible to implement some sort of warning similar to how git warns you that you need to do a 'git gc'? "WARNING: Your wallet is amassing a large number of small values outputs. You should consolidate them ASAP or it may end up costing more in transaction fees than the inputs are worth." Obviously you would need to indicate that in itself would cost fees, but maybe it would help people from getting too far into the mess? You've got that the wrong way around. Waiting longer helps keep transaction fees down. The last thing you'd want to do is consolidate them before you actually need to consolidate them. |
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ErebusBat
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February 05, 2013, 11:39:09 PM |
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You've got that the wrong way around. Waiting longer helps keep transaction fees down. The last thing you'd want to do is consolidate them before you actually need to consolidate them.
But I thought TX size played a role as well adn that was the major contributing factor in these situations? If you combined many small outputs into a single one (perhaps many times) then the resulting TX based off the consolidated inputs would be smaller. If it is not a size issue then i am mistaken. |
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SgtSpike
Legendary
Offline
Activity: 1400
Merit: 1005
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February 06, 2013, 12:01:44 AM |
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You've got that the wrong way around. Waiting longer helps keep transaction fees down. The last thing you'd want to do is consolidate them before you actually need to consolidate them.
But I thought TX size played a role as well adn that was the major contributing factor in these situations? If you combined many small outputs into a single one (perhaps many times) then the resulting TX based off the consolidated inputs would be smaller. If it is not a size issue then i am mistaken. Three things play a role: - Number of BTC (higher = lower tx fee) - Age of the coins (older = lower tx fee) - TX size (smaller = lower tx fee) I could be wrong - I don't know what the rules are exactly, but I wouldn't think you would want to erase the age of the coins by combining outputs. We really need an easy Bitcoin fee calculator on the web somewhere. |
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Blazr
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February 06, 2013, 02:40:00 AM |
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Is something up with the site? I get database errors when trying to use it.
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c0dex
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February 06, 2013, 03:28:01 AM |
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Is something up with the site? I get database errors when trying to use it.
Likewise. Can't use it at all. :\ |
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cardinalG
Newbie
Offline
Activity: 56
Merit: 0
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February 06, 2013, 03:29:23 AM |
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Everything is froze up on my end and a few other's that I know as well.
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Matthew N. Wright
Untrustworthy
Hero Member
Offline
Activity: 588
Merit: 500
Hero VIP ultra official trusted super staff puppet
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February 06, 2013, 03:37:48 AM |
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No password box in the login field at the moment. Must be doing some updates.
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cardinalG
Newbie
Offline
Activity: 56
Merit: 0
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February 06, 2013, 03:47:29 AM |
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From what I read in another thread, they were having problems connecting to database for over an hour. Probably fixing things up now.
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c0dex
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February 06, 2013, 04:36:56 AM |
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Any updates? Been about 2 hours now.
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cardinalG
Newbie
Offline
Activity: 56
Merit: 0
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February 06, 2013, 04:49:19 AM |
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ninjaboon
Legendary
Offline
Activity: 2114
Merit: 1002
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February 06, 2013, 05:02:10 AM |
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I was looking at my Android Blockchain.info app earlier and it was offline. Then hopped onto the laptop and could not login. Is there something wrong? I see 0 connected notes on the site.   |
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c0dex
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February 06, 2013, 05:04:57 AM |
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Yes, there is something wrong -- but not sure what. Hopefully piuk will come give us an update soon, as things have been "down" for over 2 hours now.
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JayCoin
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February 06, 2013, 07:10:40 AM |
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If anyone needs access to their Bitcoins, you can decode your encrypted private keys from your backups at https://blockchain.info/DecryptWallet.html and then import them into the standard satoshi client, Electrum, Armory or Multibit clients. (I think you can directly import them into Multibit, but I have never used it before) |
Hello There!
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2weiX
Legendary
Offline
Activity: 2058
Merit: 1005
this space intentionally left blank
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February 06, 2013, 07:32:58 AM |
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OOOPS
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c0dex
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February 06, 2013, 07:55:36 AM |
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Wow, this is frustrating.
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SgtSpike
Legendary
Offline
Activity: 1400
Merit: 1005
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February 06, 2013, 08:49:52 AM |
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I tried to find a blockchain lookup alternative... blockexplorer is virtually useless now since most queries just time out. Coinbase is a decent one to use in a pinch though.
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2weiX
Legendary
Offline
Activity: 2058
Merit: 1005
this space intentionally left blank
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February 06, 2013, 09:13:00 AM |
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i just hope it hasnt been compromised.
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piuk (OP)
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February 06, 2013, 10:19:41 AM |
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Just been made aware of this issue now. I am looking into it.
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