whats up w/ blockchain this morning?

Collapse
X
 
  • Time
  • Show
Clear All
new posts
  • macb
    SBR High Roller
    • 08-01-10
    • 126

    #1
    whats up w/ blockchain this morning?
    cant log in
  • 5mike5
    SBR Aristocracy
    • 09-21-11
    • 51983

    #2
    Working fine for me
    Comment
    • littlekona
      SBR Hall of Famer
      • 11-19-15
      • 5242

      #3
      network must be backed up as I sent with appropriate fee normally confirms in less then 30 mins today is going on 2 hours+ so far
      Comment
      • themike78
        SBR MVP
        • 07-01-13
        • 4873

        #4
        Originally posted by littlekona
        network must be backed up as I sent with appropriate fee normally confirms in less then 30 mins today is going on 2 hours+ so far
        There was like 80000 unconfirmed transactions today. Normally it's like 2000. I think that's why, my past 2 transactions took 16 hours to confirm. I though they were supposed to fix this crap. Bitcoin sucks.
        Comment
        • mrpapageorgio
          SBR MVP
          • 09-07-17
          • 2974

          #5
          Originally posted by themike78
          There was like 80000 unconfirmed transactions today. Normally it's like 2000. I think that's why, my past 2 transactions took 16 hours to confirm. I though they were supposed to fix this crap. Bitcoin sucks.
          I think we're seeing a high volume of transactions the last couple of days because of the sudden spike in price and because of the upcoming fork.

          The fork in November is supposed to double the size of the block to 2MB, but there's a lot of groups protesting the increase with the main claim being that it'll be more expensive to maintain the ledger since it'll require more storage with the doubling in size of each block.
          Last edited by mrpapageorgio; 10-13-17, 06:09 PM.
          Comment
          • themike78
            SBR MVP
            • 07-01-13
            • 4873

            #6
            Originally posted by mrpapageorgio
            I think we're seeing a high volume of transactions the last couple of days because of the sudden spike in price and because of the upcoming fork.
            Yeah I hear you. All the traders are moving money around today. My problem is though this last fork they did was supposed to fix all the congestion and make transactions quicker. Apparently it didn't work out too well. Bitcoin has a long way to go if they want to compete with debit cards which can handle tens of millions transactions a day instantly.
            Comment
            • Optional
              Administrator
              • 06-10-10
              • 61390

              #7
              Originally posted by themike78
              Yeah I hear you. All the traders are moving money around today. My problem is though this last fork they did was supposed to fix all the congestion and make transactions quicker. Apparently it didn't work out too well. Bitcoin has a long way to go if they want to compete with debit cards which can handle tens of millions transactions a day instantly.
              +1

              Most disappointing we are dealing with this crap again.

              My guess is it that is manipulation by miners rather than simple tx volume though.


              I am about done with these Bitcoin core dweebs now myself.

              Bring on Ether or something like that as the default crypto ASAP. Something that is more about providing a service to users than providing a game for egotistical developers.
              .
              Comment
              • mrpapageorgio
                SBR MVP
                • 09-07-17
                • 2974

                #8
                Duplicate
                Last edited by mrpapageorgio; 10-13-17, 09:45 PM.
                Comment
                • TheDempster
                  SBR High Roller
                  • 06-27-17
                  • 147

                  #9
                  +++++

                  Originally posted by Optional
                  +1

                  Most disappointing we are dealing with this crap again.

                  My guess is it that is manipulation by miners rather than simple tx volume though.


                  I am about done with these Bitcoin core dweebs now myself.

                  Bring on Ether or something like that as the default crypto ASAP. Something that is more about providing a service to users than providing a game for egotistical developers.
                  Comment
                  • MeanPeopleSuck
                    SBR Wise Guy
                    • 04-29-17
                    • 950

                    #10
                    Originally posted by themike78
                    Yeah I hear you. All the traders are moving money around today. My problem is though this last fork they did was supposed to fix all the congestion and make transactions quicker. Apparently it didn't work out too well. Bitcoin has a long way to go if they want to compete with debit cards which can handle tens of millions transactions a day instantly.
                    As a member in good standing of the Bitcoin Unlimited movement it breaks my heart to say this, but SegWit did work. If massively reduced fees and wait times for normal days, but it just can't handle days when volume jumps tenfold, like the last two days.

                    What COULD handle days w/ even tenfold jumps in traffic? Hmmm, perhaps unlimited block sizes........
                    Comment
                    • MeanPeopleSuck
                      SBR Wise Guy
                      • 04-29-17
                      • 950

                      #11
                      Originally posted by mrpapageorgio
                      The fork in November is supposed to double the size of the block to 2MB, but there's a lot of groups protesting the increase with the main claim being that it'll be more expensive to maintain the ledger since it'll require more storage with the doubling in size of each block.
                      Don't listen to it. That's just BTC core propaganda. Notice that the ONLY mining consortiums saying that are those that oppose ANY block size increase -- basically a reforming of the enemy camp from the civil war.
                      Comment
                      • mrpapageorgio
                        SBR MVP
                        • 09-07-17
                        • 2974

                        #12
                        Originally posted by MeanPeopleSuck
                        Don't listen to it. That's just BTC core propaganda. Notice that the ONLY mining consortiums saying that are those that oppose ANY block size increase -- basically a reforming of the enemy camp from the civil war.
                        Never said it was valid, just said that's what they're claiming.
                        Comment
                        SBR Contests
                        Collapse
                        Top-Rated US Sportsbooks
                        Collapse
                        Working...