Unconfirmed transactions on Bitcoin network at highest ...

HELP ! Unconfirmed Bitcoin Transaction ... 0 confirmation, "STUCK" ... how to recover ?

Here's the story I wanted to transfer all my BTC from Ledger to an exchange (CDC) I never touch fees, I let the Ledger put the best for me, even if it's high, I'm sure around 100% the transaction will go well.
Althoug fees around 9 dollars, my BTC are stuck in the blockchain ...
and it's now hours (maybe 5 hours from now)
I have read this https://coincentral.com/cancel-unconfirmed-bitcoin-transaction/
I don't understand, but the question is : is this trick compatible with Ledger BTC Wallet ?
In other words : is BTC Ledger wallet compatible with RBF ? (WTF is that, seriously ...)
I want to cry right now, because it was all my BTC bought during 3 years, and ... there are in same time somewhere and nowhere, my heart is hard pumping.
Thanks for your help :(
submitted by rodmynameisrod to ledgerwallet [link] [comments]

Unconfirmed transactions on Bitcoin network at highest level since 2017

The Bitcoin network has slowed down amid Bitcoin’s (BTC) new price highs, causing a large number of unconfirmed transactions. According to mempool transaction count on Blockchain.com, the number of unconfirmed Bitcoin transactions surpassed 100,000 on Oct. 27. This is the highest number of unconfirmed Bitcoin transactions recorded since late 2017 when Bitcoin hit $20,000. The […]
submitted by FuzzyOneAdmin to fuzzyone [link] [comments]

The number of unconfirmed transactions in the Bitcoin network at highest level

The Bitcoin network has slowed down amid new price peaks.
According to Blockchain.com, on October 27, the number of unconfirmed Bitcoin transactions surpassed 100,000. This is the highest level since the end of 2017, when the price of bitcoin was at an all-time high near $20,000.
Then the indicator reached 180,000 transactions. The volume of unconfirmed transactions is growing against the background of the BTC price reaching new multi-month highs. On October 27, the first cryptocurrency rose in price to $ 13'840 dollars, updating the peak of two and a half years on a number of exchanges.
submitted by bestchange_pr to bestchange [link] [comments]

New release: Electrum 4.0.4. New feature: users can cancel (double spend) unconfirmed transactions using RBF (x-post from /r/Bitcoin)

New release: Electrum 4.0.4. New feature: users can cancel (double spend) unconfirmed transactions using RBF (x-post from /Bitcoin) submitted by ASICmachine to CryptoCurrencyClassic [link] [comments]

Did somone send me 30,000 in bitcoin?

I opened an account on silkroad 3.1, i made some purchases which arrived all fine. Then 3 days ago i go online to my account and saw that there was 2.9999999998087E-8 unconfirmed bitcoin in my wallet. I think its too good too be true and it probably is, i know that in math e-8 would set the decimal back making it worthless, But idk what this notation is representing is it possible its symbolic of a transaction fee? Or why would somone send such a small amount of bitcoin and why would the site display it in such a confusing manner? Someone please help, is this to be good to be true? Can i pay for college?
Also the site says in about that all transaction history is cleared in 14 days and to open a support ticket before if issues occur Idk if i should as to not attract attention
submitted by therustofpeoplein to deepweb [link] [comments]

Is it just me or is it obvious to everyone? #BULLISH on crypto! Debate this.

Guys! Guys! GUYS!
Prepare for the biggest bullrun humanity has ever experienced in history!
What do we have going for us apart from the fact that China just declared Etherium an asset and the Chinese president expressed in May that the Blockchain is bigger innovation than the internet itself?

- BAKKT - opening doors in November, these guys are indeded BACKED *New York Stock Exchange* *Microsoft* *Starbucks* - Their business model is the most bullish thing ever!
- Fidelity another they control assets of over $2.4 trillion
- Coinbase + BLACKROCK ETF (Coinbase falls $6,8 trillion short from Blackrock)
- CBOE ETF might (I believe will) get approved in late February!
- Stanford university has 10 Crypto/Blockchain programs as well as other top tier universities are in.
- Bill Clinton is a speaker this week in regards to crypto, THAT'S CRAZY!
- Unconfirmed Bitcoin transactions are around 2000 everytime I check, in contrast to 200 000 when I was checking in December, tech is improving (yes I know it will increase when the bullmarket happens, but one can argue the Lightning network will already take off)
- China is bound to unban crypto soon (they hinted this, but in 2019 earliest)
- OmesiGo is going to introduce Plasma soon, and this will scale Etherium like hell, GAME CHANGER.
Around 4 million from the total 21 million Bitcoin is already lost.
People are running out of bad things to call Bitcoin & the cryptomarket as a whole.

Guys opporunity always FEELS dangerous and risky, otherwise it would NOT be opportunity!
The more I look the more I am happy I had been buying all those dips and learning to trade and understand TA.
#WakeUpMyBROS! Tell your friends WHATS UP! Share the vision!

Im in it for the tech!

Yes this is not financial advise, ALWAYS do YOUR own research, check the above FACTS.

God bless ya!!
submitted by Jake171717 to CryptoCurrency [link] [comments]

Response to Crypto Investor's Video About Raiblocks Being a Pump and Dump

As an XRB holder, I was initially excited to watch the video, as I am as interested in legitimate criticisms of crypto as anyone (I made a post the other day discussing potential technical Raiblocks flaws like DDOS vulnerabilities due to feeless tx).
This video was absolutely intellectually lazy and useless. The guy blabbered on for over 10 minutes without giving a single technical argument for why Raiblocks isn't superior to alternatives as a p2p currency. He just made the subjective argument that "scalability isn't important." What an absolutely asinine point. There are currently over 100,000 unconfirmed Bitcoin transactions and Ethereum is taken down by minor, niche apps.
He argues that Steem and Bitshares are superior for free transactions because they have a higher throughput, neglecting to discuss the centralization tradeoffs. Both platforms are DPOS, which is significantly less distributed than the Raiblocks architecture. You're delegating votes to a handful of major stakeholders.
He argues that Raiblocks will never be a base pair because "Bitcoin has always been a base pair" -- what kind of weak argument is that? The point is that if the tech is superior and provides efficiencies in confirmation time and cost, over time exchanges will migrate to the superior tech (Raiblocks). Instead of mentioning the significant inefficiencies of Bitcoin as a base pair he makes a weak appeal to the status quo, assuming it will continue forever. It won't.
For a channel that's supposed to be technical, that content was absolutely pathetic. The creator doesn't even seem to have a basic understanding of different consensus mechanisms, rather a vague understanding of blockchain buzzwords like 90% of people currently "investing" in crypto.
Raiblocks may have flaws and challenges moving foward, like all cryptos do at this early stage, but none were uncovered by that video.
submitted by FollowMe22 to CryptoCurrency [link] [comments]

Someone Just Moved $1B in Bitcoin for $700 Fee, Overpaying 20 Times

Someone Just Moved $1B in Bitcoin for $700 Fee, Overpaying 20 Times
A $1 billion Bitcoin (BTC) transaction has become conspicuous not because of its size but because its sender spent far too much on fees.

Someone could have sent 94K BTC for $35

Social media users were guessing at the origin and destination of the funds on Sept. 6, which involved 94,504 BTC ($1.018 billion).
According to Twitter-based monitoring resource Whale Alert, the transaction did not involve known wallets or those belonging to a specific cryptocurrency-related organization, such as an exchange.
One theory suggested the funds may be tied to institutional trading platform Bakkt, which begins accepting client deposits today.
“Institutions building inventory for their market-making needs going forward,” commented Max Keiser on the giant transaction. He added:
“This = effective ‘put’ on the BTC price at $9,000 (as I’ve been reporting for several yrs now). Ie, institutions are net-buyers of any BTC that shows up at $9k. Risk/reward now for buyers is excellent.”
Its sender, who may have been sending funds to themselves, nonetheless selected a very high fee rate.
At 480 satoshis per byte, the fee totalled around $700.
Bitcoin fees can vary depending on how quickly a sender wishes a transaction to be processed by miners. Many wallets allow manual fee-setting; the more money paid, the fewer blocks a user must wait for a transaction confirmation.
Under current conditions, getting a transaction included in the next block — maximum ten minutes — is just 23 satoshis per byte, meaning the $1 billion sender overpaid 20 times. The funds could have settled in around 10 minutes paying a fee of just $35.

Bitcoin’s low fees era continues

Bitcoin fees have remained low in 2019 despite the cryptocurrency’s rapid rise in price.
As Cointelegraph reported, the situation marks a stark contrast to 2017, when Bitcoin circled all-time highs and fees grew in step. At the time, developers of projects such as the controversial Bitcoin Cash (BCH) aimed to take users away with the promise of lower fees.
The total hash rate of Bitcoin — the amount of computing power involved in the mining process — continues to reach new highs, and is now more than 1000% larger than in September 2017.
submitted by Rajladumor1 to omgfin [link] [comments]

Debunked: "Fast transactions using 0-conf were never safe in Bitcoin. Satoshi added Replace-by-Fee himself and said we shouldn't use unconfirmed transactions."

In the Bitcoin design — today implemented in the form of Bitcoin Cash — the blockchain is used to "confirm" or "timestamp" whichever transaction sent by the same party came first. This prevents cheating, which can otherwise be done by replacing a transaction going to a merchant with one going to another or back to the payee themselves. A transaction waiting in line to be timestamped is called 0-conf and can be used to facilitate instant transactions at lower fraud rates than credit cards.
The incentives needed for the above mode of operation is derived from Proof-of-Work, which in combination with protocol and client settings creates the positive pull needed to ensure that it is always more likely that nodes will only accept the first transaction that they saw and record it in a block as soon as possible. Like everything in Bitcoin it can never be fully guaranteed, but it can be considered "reasonable certain", which is also what we see in practice.
Sources 1, 2, 3, 4
Replace-by-Fee being enabled by default in Bitcoin Core clients made 0-conf in particular much less secure on its chain, because the change of expectations that it brought in practice changed the "first seen" rule to a "highest-bid-until-it-gets-into-a-block" rule.
It did this by making it much more likely that a payee marks his transaction for potential later changes to the recipient field in the form of a replacement transaction with increased fee, in turn complicating the receiving process for merchants and making the nodes (solo-miners and pools) that run the timestamping service less strict with the first seen rule in general.
Some have claimed Satoshi invented this form of RBF and that it was present in Bitcoin from the start. These are actually complete lies. Satoshi never supported such a feature. He once had something vaguely similar in mind, but removed it to improve security. In a forum post he also explained that a replacement transaction must be the exact same as the original transaction except with a higher fee, which would of course not in any significant way allow tempering with the order in which transactions were accepted by the network.
Sources 1, 2
Bitcoin always had 0-conf. The first seen rule is essential to Bitcoin and the only way to have fast transaction speeds and immediately re-spendable coins; the security of which can then be improved on with a payment processor if one wants to or by waiting for the "confirmation" which will be "computationally hard" to reverse.
Satoshi himeself was a big proponent of 0-conf payments and expected them to work fine for paying many if not most merchants. He just went out of his way to explain their drawbacks in a rather immature network and how they could be used more safely. He also did serious work to make them function as well as they could.
Sources 1, 2, 3, 4
0-conf transactions on Bitcoin Cash with 1 sat/byte or more in fees are safe enough for most use cases today, including commercial transactions. You can pay for digital goods online and have them delivered without having to wait for your transaction to confirm. With a high degree of certainty, it will eventually. Timestamping happens on average once every 10 minutes and the BCH chain being congestion free ensures it won't take days to make the transaction actually computationally hard to reverse.
In order to have close to zero risk, businesses can still wait for 1 confirmation if they so choose. Earlier in Bitcoins history it would have been more than one and over time the risk will tend to decrease as the strength of the network and the stakes of the nodes in the network itself increases. This is all Satoshi stuff.
It should be noted that Satoshi did temporarily limit the spending of such unconfirmed transactions received from a different wallet, in the reference client itself, since these — especially back then — were less secure by not yet being included in a block and passing them on too quickly actually risked breaking your wallet. This is however not a valid argument to reject the viability of 0-conf itself or to stop improving on the concept.
submitted by fruitsofknowledge to btc [link] [comments]

Core/Blockstream's artificially tiny 1 MB "max blocksize" is now causing major delays on the network. Users (senders & receivers) are able to transact, miners are losing income, and holders will lose money if this kills the rally. This whole mess was avoidable and it's all Core/Blockstream's fault.

Should say:
Users are unable to transact
Sorry - too late now to fix!
Due to the current unprecedented backlog of 45,000 transactions currently in limbo on the network, users are suffering, miners are losing fees, and holders may once again lose profits due to yet another prematurely killed rally.
More and more people are starting to realize that this disaster was totally avoidable - and it's all Core/Blockstream's fault.
Studies have shown that the network could easily be using 4 MB blocks now, if Core/Blockstream wasn't actively using censorship and FUD to try to prevent people from upgrading to support simple and safe on-chain scaling via bigger blocks.
What the hell is wrong with Core/Blockstream?
But whatever the reason for Core/Blockstream's incompetence and/or corruption, one thing we do know: Bitcoin will function better without the centralization and dictatorship and downright toxicity of Core/Blockstream.
Independent-minded Core/Blockstream devs who truly care about Bitcoin (if there are any) will of course always be welcome to continue to contribute their code - but they should not dictate to the community (miners, users and holders) how big blocks should be. This is for the market to decide - not a tiny team of devs.
What if Core/Blockstream's crippled implementation actually fails?
What if Core/Blockstream's foolish massively unpopular sockpuppet-supported non-scaling "roadmap" ends up leading to a major disaster: an ever-increasing (never-ending) backlog?
There are alternatives to Core/Blockstream.
Core/Blockstream are arrogant and lazy and selfish - refusing to help the community to do a simple and safe hard-fork to upgrade our software in order to increase capacity.
We don't need "permission" from Core/Blockstream in order to upgrade our software to keep our network running.
Core/Blockstream will continue to stay in power - until the day comes when they can no longer stay in power.
It always takes longer than expected for that final tipping point to come - but eventually it will come, and then things might start moving faster than expected.
Implementations such as Bitcoin Unlimited are already running 100% compatible on the network and - ready to rescue Bitcoin if/when Core/Blockstream's artificially crippled implementation fails.
Smarter miners like ViaBTC have already switched to Bitcoin Unlimited if/when Core/Blockstream's artificially crippled implementation fails.
submitted by ydtm to btc [link] [comments]

Stress Test Recap

Last night we reached a peak of approximately 24,000 unconfirmed Bitcoin transactions and broke our daily transaction record of over 140,000 transactions.
Blocks became full starting at block 358596 at 23:38 UTC
And remained consistently full until block 358609 at 03:21 UTC https://blockchain.info/block/000000000000000005c6111b833d7842bf4af4147455bfc0f0dc8ba5faa4b321
This clogged up the blocks for approximately 4 hours. A few things were discovered:
So what we see is that the network is both resilient and vulnerable. No major problems were encountered, however a few bad actors have the ability to clog up the system. Raising the blocksize alone does not get rid of this possibility, it just increases the amount to be spent in transaction fee's by an order of magnitude.
What we need, in my opinion is an increase in blocksize and dynamically increasing fee's as the mempool becomes full. 20Mb blocks just make this attack 20x more expensive, which is still trivial to a true enemy of Bitcoin. We need fee's to automatically scale as the mempool becomes filled, so the fee is lower when the mempool is only 25% full, but fee's start to approach infinity at 99.9% full. Fullness is defined by the blocksize itself, so if the blocksize is 20Mb, 19Mb in the mempool is 95% full.
I think the most important factor with blocksize increases is to remember that it comes down to connection speed. 1Mb blocks per 10minutes means 1000Kb/600seconds = 1.67 Kb/s (13.3 Kilobits per second); 100Mb blocks means 1.33Megabits/second constantly dedicated.
submitted by 45sbvad to Bitcoin [link] [comments]

I'd like to hear why Bitcoin is a good currency. I'll tell you why it's not.

Bitcoin can't support more than a few transactions a second, since yesterday's sell off we see 72,000 unconfirmed transactions, yet people are yelling "just begun"? That wasn't even a real correction. Just micro-panic. safe to say it's not SCALABLE.
Miners turned down segwit2x, so called a "direct attack on the network" but things like that are the only thing that will allow update of blockchain size.
The majority (60%) of Bitcoin hashing power is controlled by less than 6 pools, safe to say that's CENTRALIZED. There is other protocols and forms of consensus which are truly decentralized.
The blockchain is public, safe to say it's not ANONYMOUS. Things like Monero and Zcash are anonymous.
Cost per transaction exceeds $60 USD, safe to say it's not a viable CURRENCY. Things like Litecoin and Ripple are much better, quicker and cheaper.
Average confirmation time takes 15 minutes and requires multiple (3+) for a transaction to clear.
Things like this will continue to happen: https://www.cryptocoinsnews.com/700-million-stuck-115000-unconfirmed-bitcoin-transactions/
Sure, it can keep going up, but that really doesn't mean it is a good currency. At this point people are buying because of speculation that they will make money and It is a good investment, while 90% do not know what is going on. This just makes it more and more likely we will see a sell-off to the median trend line and maybe even the death of the currency as a whole.
Early this November, Bitcoin Legacy devs said they were abandoning the project.
Around that time majority of miners swapped to BCH once it became more profitable and we saw over 175k unconfirmed transactions FROZEN. It does not matter if you have MILLIONS in it, if they hadn't decided to switch back that money is stuck in mempool for a very long time, possibly forever if they never went back.
2 weeks later and it's like it never happened...
I've been in this sector since 2013, and recently all I see is a bunch of kiddies buying into the latest new "hot" thing, without understanding the underlying technology or how it's underdeveloped, just because everyone else is, because they see it on the news, and because they think it's going to go up to the "moon" and get them that "lambo", the last part displaying the same values that keep the majority of the world in the middle class.
It is nothing less than idiotic and all I see is the delusion.
And for those of you who think Bitcoin is a good investment, just know it's the highest risk investment and has been outperformed by altcoin's like BCH, XMR, DASH, and many other altcoin's that are the best in their sector.
Bitcoin will take a 100x multiplier to reach one million.
I've already seen those returns in a lot of altcoins, this year and even the past few months.
For those of you who are bullish on bitcoin, let me hear it. Concrete arguments, not what you think or feel.
Something realistic, data-backed.
You know, like what I provided.
I'm bullish on cryptocurrencies but pretty bearish on Bitcoin.
I hope not to hear silence after seeing 90% of people who hear of it praise it like a new paradigm or religion, that would be the true answer to most of this, even though the proof is in the pudding, all data is public and much more accurate than John, thinking he'll retire early because he thinks he got an early ticket to the train.
I am not spreading FUD, this is all data-backed and realistic "argument".
submitted by banksnsons to CryptoCurrency [link] [comments]

List of Today's and Tomorrow's Upcoming Events

I am a bot and my goal is to bring you upcoming events/announcements every day. If you want improvements to this post, please mention houseme in the comments. We will make improvements based on your feedback.
I am part of a family of bots/apps that help you get the events the way you want.
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Title Date
OctoinCoin (OCC) Vietnam Conference February 15, 2018
Ripple (XRP) CoinField Adding XRP February 15, 2018
Ripple (XRP) Listing on CoinField February 15, 2018
Listing on Coinfield February 15, 2018 [Unconfirmed]
NEM (XEM) NEM Conference February 15, 2018
Litecoin (LTC) Listing on CoinField February 15, 2018
Stellar (XLM) FairX Exchange BETA February 15, 2018 [Unconfirmed]
Dash (DASH) Listing on CoinField February 15, 2018
Bitcoin Gold (BTG) Official Sponsor of the 2018 CaseIT Competition February 15, 2018
WAX (WAX) D10e Conference February 15, 2018
Hshare (HSR) Hcash Main Chain launch February 15, 2018
Decred (DCR) - Amsterdam Meetup February 15, 2018
Iconomi (ICN) January Monthly Update February 15, 2018
Mobile Wallet February 15, 2018 [Unconfirmed]
Emercoin (EMC) OKEx Listing February 15, 2018
Counterparty (XCP) (CIP6) P2SH Data Encoding February 15, 2018
Counterparty (XCP) CIP 10 – MPMA February 15, 2018
New Platform Release February 15, 2018 [Unconfirmed]
GV Traders Challenge February 15, 2018 [Unconfirmed]
Bounty0x (BNTY) Alpha 2.0 Launch February 15, 2018
TaaS (TAAS) D10e Conference in Redwood City, USA February 15, 2018
Publica (PBL) SF Writers Conference February 15, 2018
Publica (PBL) Meet Publica at San Francisco Writers Conference February 15, 2018
Playkey (PKT) HitBTC Listing February 15, 2018
Neutron (NTRN) Marketing Boost February 15, 2018
Neutron (NTRN) Network Update February 15, 2018
LUXCoin (LUX) Segwit & Smart Contract February 15, 2018
LUXCoin (LUX) - Pre-Mine Burn February 15, 2018
LUXCoin (LUX) - Marketing Phase 2 February 15, 2018
Bimonthly Updates February 15, 2018
Social (SCL) Marketing February 15, 2018
Octanox (OTX) Mobile Wallet Release February 15, 2018
CarTaxi Token (CTX) Monthly Bonuses + Burn February 15, 2018
Adelphoi (ADL) ADL Swap to ETH February 15, 2018
XCXT Airdrop February 15, 2018
Big Partnership February 15, 2018
Big Partnership February 15, 2018
Partnership with SJM Holding February 15, 2018 [Unconfirmed]
Big Parthership with SJM Holding February 15, 2018 [Unconfirmed]
Android Wallet Release February 15, 2018 12:00 AM - February 28, 2018 11:59 PM [Unconfirmed]
Listing on NAIRA February 15, 2018 12:00 AM - February 19, 2018 11:59 PM [Unconfirmed]
StrongHands (SHND) Hard Fork February 15, 2018
BitDegree (BDG) BitDigree Tokens Distribution February 15, 2018
Odyssey (OCN) Large Exchange Listing February 15, 2018
Governance Forum February 15, 2018 12:00 AM - February 18, 2018 11:59 PM
Genesis Vision (GVT) GV Traders Challenge February 15, 2018 3:00 PM - 11:59 PM
Monthly Dev Update + Q&A February 15, 2018 9:00 PM - 11:59 PM
TRON (TRX) Peiwo App Completes TRX Connection February 16, 2018
TRON (TRX) Platform release February 16, 2018
TRON (TRX) TRON Union Peiwo February 16, 2018
Qtum (QTUM) Airdrop for QTUM holders February 16, 2018
Beta Desktop Wallet February 16, 2018 [Unconfirmed]
Crypto Emporium Payments February 16, 2018
Listing on Crypto Emporium February 16, 2018 [Unconfirmed]
Stratis (STRAT) - Bitcoin Super Conference February 16, 2018 12:00 AM - February 18, 2018 11:59 PM
Dogecoin (DOGE) Q&A February 16, 2018
Status (SNT) EthereumDenver hackathon February 16, 2018
WAX (WAX) Bitcoin Superconference February 16, 2018
Basic Attention Token ($BAT) Hackathon February 16, 2018 12:00 AM - February 18, 2018 11:59 PM
SALT (SALT) Bitcoin Superconference February 16, 2018
PIVX ($PIVX) Superconference in Dallars. Taxas February 16, 2018
Request Network (REQ) Project Update February 16, 2018
Enigma (ENG) Enigma Infographic Contest February 16, 2018
TenX (PAY) Bitcoin SuperConference February 16, 2018
Storj (STORJ) Workshops & Giveaways February 16, 2018
Decision Token (HST) Horizon State Design Contest Ends February 16, 2018
Bread (BRD) Bitcoin Super Conference February 16, 2018
Wings (WINGS) Bitcoin Super Conference February 16, 2018
LBRY Credits (LBC) Blockchain Conference February 16, 2018
Wagerr (WGR) Mainnet Launch February 16, 2018
Wagerr (WGR) Mainnet and Masternodes February 16, 2018
Bitcoin Super Conference February 16, 2018 [Unconfirmed]
Bitcoin Super Conference February 16, 2018 [Unconfirmed]
Rivetz (RVT) Bitcoin Superconference February 16, 2018
Whitepaper Release February 16, 2018
ColossusCoinXT (COLX) WhitePaper Draft February 16, 2018 [Unconfirmed]
Airdrop February 16, 2018 [Unconfirmed]
Bitcore Contest 2: Submission Deadline February 16, 2018 [Unconfirmed]
Bodhi (BOT) Bodhi Airdrop QTUM Holder February 16, 2018
The Bitcoin, Ethereum & Blockchain Superconference in Dallas, USA February 16, 2018 [Unconfirmed]
HTMLCOIN (HTML5) Deadline 1:1 Swap Ratio February 16, 2018
TIES Network (TIE) NYC Decentralized Blockchain Database Event, USA February 16, 2018
Safe Exchange Coin (SAFEX) Listing on Next.Exchange‏ February 16, 2018
HARD FORK February 16, 2018 [Unconfirmed]
Flash (FLASH) Monthly Dev Update + Q and A February 15, 2018 9:00 PM - 11:59 PM
Meetup In New York February 16, 2018
Octanox (OTX) Andriod and iOS Wallets February 16, 2018 4:00 PM - 11:59 PM
submitted by cryptocalbot to CryptoCurrency [link] [comments]

"I think RBF is a badly thought out idea that won’t work, doesn’t do what it’s claimed to do and would be harmful for Bitcoin if adopted."

Mike Hearn said that way back in 2015, and the fact that we now have nearly a quarter of a million unconfirmed Bitcoin transactions shows that he was right.
submitted by MemoryDealers to btc [link] [comments]

Flux: Revisiting Near Blocks for Proof-of-Work Blockchains

Cryptology ePrint Archive: Report 2018/415
Date: 2018-05-29
Author(s): Alexei Zamyatin∗, Nicholas Stifter, Philipp Schindler, Edgar Weippl, William J. Knottenbelt∗

Link to Paper

The term near or weak blocks describes Bitcoin blocks whose PoW does not meet the required target difficulty to be considered valid under the regular consensus rules of the protocol. Near blocks are generally associated with protocol improvement proposals striving towards shorter transaction confirmation times. Existing proposals assume miners will act rationally based solely on intrinsic incentives arising from the adoption of these changes, such as earlier detection of blockchain forks.
In this paper we present Flux, a protocol extension for proof-of-work blockchains that leverages on near blocks, a new block reward distribution mechanism, and an improved branch selection policy to incentivize honest participation of miners. Our protocol reduces mining variance, improves the responsiveness of the underlying blockchain in terms of transaction processing, and can be deployed without conflicting modifications to the underlying base protocol as a velvet fork. We perform an initial analysis of selfish mining which suggests Flux not only provides security guarantees similar to pure Nakamoto consensus, but potentially renders selfish mining strategies less profitable.

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submitted by dj-gutz to myrXiv [link] [comments]

Bitcoin core client sending BTC on it's own to a Kraken account

Hello all,
I've been holding some BTC for awhile and just now, as i've been running the client in the background, i got a notification saying that a bitcoin had been transfered.
I checked the address, and it is a address of my Kraken account. I've send BTC to kraken before but not on that address. Also i have a pretty strong generated password on my wallet but a window did not appear.
I've now closed the client, ran malwary antibyte (0 results), changed password of Kraken twice.
Now i'm freaking out, because it's still not added in Kraken, how could this happen?
EDIT: OS: Windows 10, not the anniversiry update, the client: 0.13.0
SOLUTION (SORT OF): Bitcoin was unconfirmed so i did this: http://cryptomining-blog.com/7982-how-to-cancel-unconfirmed-bitcoin-transactions/ and now it's back.
Thanks for those who have helped!
submitted by AndroidBeginner101 to Bitcoin [link] [comments]

I restored an old Multibit wallet and have over 1k in unconfirmed transactions...I need to get these btc out

Multibit is no longer supported but the wallet still works...i think. I just found the keys to an old wallet and have over 1k worth of unconfirmed bitcoins in it. I haven't opened the wallet in over a year... What can I do to obtain these? I tried the "Repair Wallet" feature and I have waited for a while.
submitted by Gunnerx1337 to Bitcoin [link] [comments]

Unconfirmed Bitcoin Transaction

Hey everyone, I'm new to reddit so I'm not sure if this is the correct place to ask my question...but it is related to an unconfirmed Bitcoin transaction.
Details- On December 29th, ~11 PM (Eastern Standard Time), I sent ~.5 bitcoins FROM my desktop wallet (Bitcoin Knots) TO my account on Binance (exchange).
When I view my TRANSACTIONS page in my Bitcoin Knots wallet, I see the following information -
Status: 0/unconfirmed, in memory pool Date: 12/29/2017 23:07 To: Binance 19x7XhTaLRWuBZsLfkHRP8yhQPk7q8MAqu Debit: -0.50129628 BTC Transaction fee: -0.00049177 BTC Net amount: -0.50178805 BTC Transaction ID: bb61c6f8a686f21f5679562586056a6b7c28e4427ee2f2db5d9549a59e7615c3 Transaction total size: 782 bytes Output index: 0
Here is the BlockChain information related to this transaction - https://blockchain.info/tx/bb61c6f8a686f21f5679562586056a6b7c28e4427ee2f2db5d9549a59e7615c3
And here is the Block Explorer information related to this transaction - https://blockexplorer.com/tx/bb61c6f8a686f21f5679562586056a6b7c28e4427ee2f2db5d9549a59e7615c3
As you can see, the RECEIVED TIME is different across all three (the wallet, the first website, and the second website).
Could anyone explain what might be going on and how to fix this?
Just an FYI...I already performed the -rescan option on my "bitcoin-qt.exe" file. It did some "update database file" or something like that (which was about 2 hours ago) but still no confirmed transaction.
Oh yeah, one more thing, on my TRANSACTIONS page in Bitcoin Knots, the "Cancel Transaction" and "Increase Transaction Fee" is disabled/greyed out when I 'right-click' the transaction record - so, I'm not sure what that indicates either.
Any help is much appreciated!
submitted by Butt0nSmash3r to Bitcoin [link] [comments]

No confirmation after 30+ hours

EDIT: after 40 hours of waiting - Good Lord it's been confirmed! Bitcoin Jesus IS real after all!
Hey hey :)
I've tried to move unconfirmed bitcoins I've bought from exchange to my other wallet using Electrum, now both transactions are stuck despite estimated time showing "high priority". My transaction to other wallet shows "Unconfirmed parent"
I've done this many times before without any problems, is current problem related to unconfirmed transactions backlog? Probably it will clear in the morning, but maybe someone will have some advice.
ID: 2f662890719179d752c84c76c65f95fe0daed6e014ff93d8dafae36ec36be7b6
Thank You All for the help!
submitted by GreenShaman to Bitcoin [link] [comments]

I paid $86 in fees to send 0.17 BTC but Bitcoin Core is telling me Low Fee, Unconfirmed. What can I do here?

Any helpers here? I have 2 transactions now, one of them lost? in limbo where the TX ID is not even showing up in some blockchain sites like blockchain.info, only in blockcypher - Bread Wallet charged me a fee of 0.00 (!?) which probably explains that. Any ideas on this besides waiting and seeing what the BTC gods do with it?
Secondly, I'm now 24+ hours into a 0.17 BTC transaction that Bitcoin Core told me would take 8 hours to confirm at a cost of $86 (0.00577498 BTC). Its now stalled out and marked as "Low Fee" in my receiving wallet.
What can I do here? Are any of those paid TX accelerators legit? Will this CPFP thing be technically easy and fast even though it's a ripoff? I would really appreciate some tips an intermediate level BTC enthusiast can figure out.
Lost TX from Bread Wallet to Krarken: https://live.blockcypher.com/btc/tx/6dc5f59c9809ed814fdf396b0903456b453e2652cb5de3964e934acb83820795/
My $86 "Low Fee" TX from Core To electrum: 4ab37d544cbff8f3e3f59945a9cfbc4d0ebf8256e2e16f7ce110f7b7c04c3d46
EDIT: downvoting because this is exposing how terrible Bitcoin transactions truly are right now?
submitted by LightLevel to Bitcoin [link] [comments]

Trying to get my Bitcoin Cash out of Electrum. Is it safe to create an Electron Cash wallet with a still unconfirmed Bitcoin transaction in the original Electrum wallet?

At noon yesterday, I initiated a transfer of my Bitcoin in Electrum to a new Electrum wallet. I am doing this prior to creating an Electron Cash wallet with my original Electrum wallet seed, as is recommended by Electrum.
The transaction is still unconfirmed despite using a reasonable fee for the time (although the recommended fee has skyrocketed since). My question is, is it safe and advisable to create an Electron Cash wallet with a still unconfirmed Bitcoin transaction in the original Electrum wallet?
There's a lot of value at play here so I want to be certain my Bitcoin and Bitcoin Cash are safe.
submitted by bm2xv to btc [link] [comments]

Please someone help me with my Unconfirmed Transaction....... I'm Dying Over Here :(

transaction id : 60c125ad41aa8db424e3852716ae263089b096e475906a4e3e03eb8c18a0d6b4
It has been over 19 days since my BTC transaction has been stuck...
Tried repairing my wallet about three times to no avail.
I need the money that is in my account but the balance is showing as zero due to the unconfirmed bitcoin.
Is there anything that I can do because this is beyond a joke?
My transaction is unconfirmed as well as the remaining balane... Please help
submitted by where_are_mybitcoinz to Bitcoin [link] [comments]

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Worst case scenario delete everything from the Bitcoin data folder except for wallet.dat and re-launch the client. Several hours later when you've finished downloading a fresh copy of the block chain, your 0/unconfirmed transaction will probably be resolved. Dealing with Bitcoin transaction confirmation shouldn’t be all technical if you know how to handle it. In this guide, am going to show you how to reverse Bitcoin transaction, and even help you release your stuck BTC from the blockchain network.. Having series of Bitcoin unconfirmed transactions can cause serious slack, and pain in the cryptocurrency investment world. hack blockchain premium v1.0, how to hack blockchain unconfirmed transaction, free bitcoin hack blockchain, can you hack blockchain, blockchain hack script v1.0, blockchain unconfirmed transaction hack script, bitcoin wallet blockchain hack, blockchain btc hack script, blockchain bitcoin hack 2019, bitcoin wallet blockchain hack script, blockchain unconfirmed transaction hack free script ... Bitcoin hack , How to convert any non-spendable bitcoin Transaction to spendable Transaction ... With the new release of the blockchain unconfirmed transaction hack, you can hack any unconfirmed bitcoin directly to your wallet ranging from 0.01 btc to 30BTC daily. ————————– How can i use the blockchain/Bitcoin script? ———————-Download the scripts here: https ... The Bitcoin network has slowed down amid Bitcoin’s new price highs, causing a large number of unconfirmed transactions.According to mempool transaction count on Blockchain.com, the number of unconfirmed Bitcoin transactions surpassed 100,000 on Oct. 27.This is the highest number of unconfirmed Bitcoin transactions recorded since late 2017 when Bitcoin hit $20,000.

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What Happens To Unconfirmed Bitcoin Transactions And How To Fix Them

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