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Get-Paid.com (OP)
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February 17, 2019, 10:02:49 AM |
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So why viaBTC says "Transaction has been confirmed" ?
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LoyceV
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February 17, 2019, 10:09:18 AM |
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So why viaBTC says "Transaction has been confirmed" ? Maybe they're wrong. Recommended fees dropped to 1 sat/byte after the last block was found, if the next block doesn't take too long, your transaction should be included.
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Coolserver.host
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February 17, 2019, 10:11:17 AM |
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There is a new block now, your tx was not included. I guess it will be in the next one though.
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Get-Paid.com (OP)
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February 17, 2019, 10:25:14 AM |
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There is a new block now, your tx was not included. I guess it will be in the next one though.
I told you, it doesn't seem to be normal. Could there be any technical fault with this? Have you experienced something like this before? Any feedback is appreciated, thanks.
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LoyceV
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February 17, 2019, 10:28:54 AM |
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I told you, it doesn't seem to be normal. It's normal. In the last block, this was the transaction with the lowest fee. It's still double your fee. Since many wallets are trying to set "the best fee", fees tend to spiral upwards when the next block takes a long time to be mined.
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Coolserver.host
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February 17, 2019, 10:29:22 AM |
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There is a new block now, your tx was not included. I guess it will be in the next one though.
I told you, it doesn't seem to be normal. Could there be any technical fault with this? Have you experienced something like this before? Any feedback is appreciated, thanks. I have exprienced this before, same problem and same reason: only 2 - 3 blocks / hour mined so confirmations are slow. Nothing you can do about it and nothing wrong, it just happens sometimes. Look at the last mined blocks: 23 minutes - 2706 - Bitcoin.com 1 hour - 2887 - BTC.com It's just slow... that's all.
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KingZee
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Check your coin privilege
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February 17, 2019, 10:42:18 AM |
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If you're paranoid, you can keep track of blocks here : https://www.blockchain.com/btc/blocksYou can see there's a 1h30min gap between the last block and the one after it, the network is having a hard time finding them. Every time a new block is found, see if it included your tx.
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Beep boop beep boop
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Get-Paid.com (OP)
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February 17, 2019, 10:56:53 AM |
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If you're paranoid, you can keep track of blocks here : https://www.blockchain.com/btc/blocksYou can see there's a 1h30min gap between the last block and the one after it, the network is having a hard time finding them. Every time a new block is found, see if it included your tx. Doesn't seem reasonable.
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Coolserver.host
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February 17, 2019, 11:01:25 AM |
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Quoted from user "franky1" in this post: https://bitcointalk.org/index.php?topic=5081853.msg48528029#msg48528029blockchain rules are not 1 block every 10 minutes
its 2016 blocks every 2 weeks. coded which only in the human brain but not in code calculates to AVERAGE 1 block ~10min
this means there are times a block can arrive in 2 minutes and another block can arrive in 18 minutes and on average thats 2 blocks in 20minutes thus still being ~10mins each
in the last 24 hours ~144 blocks should have been produced. 24 hours ago block 552871 was made at time of posting 552994 123 block mined =5.125 blocks an hour = less than 12minute average
if you check th other blocks before 552994(current block at time of this post) 552994 51 minutes ago 552993 1 hour 2 minutes ago (11 minutes before ..994) 552992 1 hour 6 minutes ago (4 minutes before ..993) 552991 1 hour 16 minutes ago (10 minutes before ..992)
so ask yourself before panicing.. why were you not screaming celebrations of the 4minute block?
infact lets look at a few more blocks. knowing 6 blocks are average an hour... yet an hour before ..94 552994 2018-12-08 06:50:47 552984 2018-12-08 05:50:52
means 10 blocks were made in an hour. thus the previous hour before ..94 blocks were being made in ~ 6 minutes
So yeah, it's kinda normal. I have a 20 sat/b transaction also waiting to be confirmed. Just wait it out, when the blocks are found faster, the fees will drop and it will get confirmed.
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Coolserver.host
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February 17, 2019, 11:18:41 AM |
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My tx and yours are confirmed now :-)
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Get-Paid.com (OP)
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February 17, 2019, 11:21:46 AM |
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My tx and yours are confirmed now :-)
Awesome. Thanks a lot!
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KingZee
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February 17, 2019, 12:53:05 PM |
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If you're paranoid, you can keep track of blocks here : https://www.blockchain.com/btc/blocksYou can see there's a 1h30min gap between the last block and the one after it, the network is having a hard time finding them. Every time a new block is found, see if it included your tx. Doesn't seem reasonable. Lol, what did you even mean by that? Sometimes the network is just having a hard time finding that new block, if you're mad about it invest millions into mining rigs and help the network out!
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Beep boop beep boop
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LoyceV
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February 17, 2019, 12:55:35 PM |
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Lol, what did you even mean by that? Sometimes the network is just having a hard time finding that new block, if you're mad about it invest millions into mining rigs and help the network out! More miners won't change a thing, it'll only increase the difficulty so that the average is still 10 minutes per block.
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KingZee
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February 17, 2019, 01:56:06 PM |
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Lol, what did you even mean by that? Sometimes the network is just having a hard time finding that new block, if you're mad about it invest millions into mining rigs and help the network out! More miners won't change a thing, it'll only increase the difficulty so that the average is still 10 minutes per block. Honestly I hear that statement a lot, but I would totally want someone to actually get the statistics for that. Is it really 10 minutes? For weeks now I'd say the average was more on 1 block per 20 - 30 minutes at best. I know the difficulty scales with the network, but how that translates to 10 minute blocks is really doubtable..
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Beep boop beep boop
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buwaytress
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February 17, 2019, 02:33:24 PM |
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Lol, what did you even mean by that? Sometimes the network is just having a hard time finding that new block, if you're mad about it invest millions into mining rigs and help the network out! More miners won't change a thing, it'll only increase the difficulty so that the average is still 10 minutes per block. Honestly I hear that statement a lot, but I would totally want someone to actually get the statistics for that. Is it really 10 minutes? For weeks now I'd say the average was more on 1 block per 20 - 30 minutes at best. I know the difficulty scales with the network, but how that translates to 10 minute blocks is really doubtable.. The algorithm works to make sure that, at every difficulty adjustment, the current difficulty rating would result in 2016 blocks every 2 weeks (as pointed out above), which works to an average of about one block for every 10 minutes IN THAT 2016-block period of 2 weeks. But of course, as soon as the new difficulty setting is done, hashpower will increase or decrease. So if hashpower goes up, you'll find the average is > 10 blocks. If it goes down, it is <10 blocks. Because this is so reliable, one can always calculate certain things, dates for like block heights and halving times. Dates will be approximate but accurate enough.
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LoyceV
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February 17, 2019, 03:05:35 PM |
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Honestly I hear that statement a lot, but I would totally want someone to actually get the statistics for that. Is it really 10 minutes? For weeks now I'd say the average was more on 1 block per 20 - 30 minutes at best. That's easy: Block #563452 was mined at 2019-02-17 14:40:04. 2016 blocks earlier: Block 561436 was mined at 2019-02-04 02:38:33. That's less than 14 days ago, so it's less than 10 minutes on average.
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