Stuck transaction? How to fix this dreaded problem using

History Lesson for new VIA Viacoin Investors

Viacoin is an open source cryptocurrency project, based on the Bitcoin blockchain. Publicly introduced on the crypto market in mid 2014, Viacoin integrates decentralized asset transaction on the blockchain, reaching speeds that have never seen before on cryptocurrencies. This Scrypt based, Proof of Work coin was created to try contrast Bitcoin’s structural problems, mainly the congested blockchain delays that inhibit microtransaction as this currency transitions from digital money to a gold-like, mean of solid value storage. Bitcoin Core developers Peter Todd and Btc have been working on this currency and ameliorated it until they was able to reach a lightning fast speed of 24 second per block. These incredible speeds are just one of the features that come with the implementation of Lightning Network, and and make Bitcoin slow transactions a thing of the past. To achieve such a dramatic improvement in performance, the developers modified Viacoin so that its OP_RETURN has been extended to 80 bytes, reducing tx and bloat sizes, overcoming multi signature hacks; the integration of ECDSA optimized C library allowed this coin to reach significant speedup for raw signature validation, making it perform up to 5 times better. This will mean easy adoption by merchants and vendors, which won’t have to worry anymore with long times between the payment and its approval. Todd role as Chief Scientist and Advisor has been proven the right choice for this coin, thanks to his focus on Tree Chains, a ground breaking feature that will fix the main problems revolving around Bitcoin, such as scalability issues and the troubles for the Viacoin miners to keep a reputation on the blockchain in a decentralized mining environment. Thanks to Todd’s expertise in sidechains, the future of this crypto currency will see the implementation of an alternative blockchain that is not linear. According to the developer, the chains are too unregulated when it comes to trying to establish a strong connection between the operations happening on one chain and what happens elsewhere. Merged mining, scalability and safety are at risk and tackling these problems is mandatory in order to create a new, disruptive crypto technology. Tree Chains are going to be the basis for a broader use and a series of protocols that are going to allow users and developers to use Viacoin’s blockchain not just to mine and store coins, but just like other new crypto currencies to allow the creation of secure, decentralized consensus systems living on the blockchain The commander role on this BIP9 compatible coin’s development team has now been taken by a programmer from the Netherlands called Romano, which has a great fan base in the cryptocurrency community thanks to his progressive views on the future of the world of cryptos. He’s in strong favor of SegWit, and considers soft forks on the chain not to be a problem but an opportunity: according to him it will provide an easy method to enable scripting upgrades and the implementation of other features that the market has been looking for, such as peer to peer layers for compact block relay. Segregation Witness allows increased capacity, ends transactions malleability, makes scripting upgradeable, and reduces UTXO set. Because of these reasons, Viacoin Core 0.13 is already SegWit ready and is awaiting for signaling.
Together with implementation of SegWit, Romano has recently been working on finalizing the implementation of merged mining, something that has never been done with altcoins. Merged mining allows users to mine more than one block chain at the same time, this means that every hash the miner does contributes to the total hash rate of all currencies, and as a result they are all more secure. This release pre-announcement resulted in a market spike, showing how interested the market is in the inclusion of these features in the coin core and blockchain. The developer has been introducing several of these features, ranging from a Hierarchical Deterministic key (HD key) generation that allows all Viacoin users to backup their wallets, to a compact block relay, which decreases block propagation times on the peer to peer network; this creates a healthier network and a better baseline relay security margin. Viacoin’s support for relative locktime allows users and miners to time-lock a transaction, this means that a new transaction will be prevented until a relative time change is achieved with a new OP code, OP_CHECKSEQUENCEVERITY, which allows the execution of a script based on the age of the amount that is being spent. Support for Child-Pays-For-Parent procedures in Viacoin has been successfully enabled, CPFP will alleviate the problem of transactions that stuck for a long period in the unconfirmed limbo, either because of network bottlenecks or lack of funds to pay the fee. Thanks to this method, an algorithm will selects transactions based on federate inclusive unconfirmed ancestor transaction; this means that a low fee transaction will be more likely to get picked up by miners if another transaction with an higher fee that speeds its output gets relayed. Several optimizations have been implemented in the blockchain to allow its scaling to proceed freely, ranging from pruning of the chain itsel to save disk space, to optimizing memory use thanks to mempool transaction filtering. UTXO cache has also been optimization, further allowing for significant faster transaction times. Anonymity of transaction has been ameliorated, thanks to increased TOR support by the development team. This feature will help keep this crypto currency secure and the identity of who works on it safe; this has been proven essential, especially considering how Viacoin’s future is right now focused on segwit and lightning network . Onion technology used in TOR has also been included in the routing of transactions, rapid payments and instant transaction on bi directional payment channels in total anonymity. Payments Viacoin’s anonymity is one of the main items of this year’s roadmap, and by the end of 2017 we’ll be able to see Viacoin’s latest secure payment technology, called Styx, implemented on its blockchain. This unlinkable anonymous atomic payment hub combines off-the-blockchain cryptographic computations, thanks to Viacoin’s scriptin functionalities, and makes use of security RSA assumptions, ROM and Elliptic Curve digital signature Algorithm; this will allow participants to make fast, anonymous transfer funds with zero knowledge contingent payment proof. Wallets already offer strong privacy, thanks to transactions being broadcasted once only; this increases anonymity, since it can’t be used to link IPs and TXs. In the future of this coin we’ll also see hardware wallets support reaching 100%, with Trezor and Nano ledger support. These small, key-chain devices connect to the user’s computer to store their private keys and sign transactions in a safe environment. Including Viacoin in these wallets is a smart move, because they are targeted towards people that are outside of hardcore cryptocurrency users circle and guarantees exposure to this currency. The more casual users hear of this coin, the faster they’re going to adopt it, being sure of it’s safety and reliability. In last October, Viacoin price has seen a strong decline, probably linked to one big online retailer building a decentralized crypto stock exchange based on the Counterparty protocol. As usual with crypto currencties, it’s easy to misunderstand the market fluctuations and assume that a temporary underperforming coin is a sign of lack of strength. The change in the development team certainly helped with Viacoin losing value, but by watching the coin graphs it’s easy to see how this momentary change in price is turning out to be just one of those gentle chart dips that precede a sky rocketing surge in price. Romano is working hard on features and focusing on their implementation, keeping his head low rather than pushing on strong marketing like other alt coins are doing. All this investment on ground breaking properties, most of which are unique to this coin, means that Viacoin is one of those well kept secret in the market. Minimal order books and lack of large investors offering liquidity also help keep this coin in a low-key position, something that is changing as support for larger books is growing. As soon as the market notices this coin and investments go up, we are going to see a rapid surge in the market price, around the 10000 mark by the beginning of January 2018 or late February. Instead of focusing on a public ICO like every altcoin, which means a sudden spike in price followed by inclusion on new exchanges that will dry up volume, this crypto coin is growing slowly under the radar while it’s being well tested and boxes on the roadmap get checked off, one after the other. Romano is constantly working on it and the community around this coin knows, such a strong pack of followers is a feature that no other alt currency has and it’s what will bring it back to the top of the coin market in the near future. His attitude towards miners that are opposed to SegWit is another strong feature to add to Viacoin, especially because of what he thinks of F2Pool and Bitmain’s politics towards soft forks. The Chinese mining groups seem scared that once alternative crypto coins switch to it they’re going to lose leveraging power for what concerns Bitcoin’s future and won’t be able to speculate on the mining and trading market as much as they have been doing in the past, especially for what concerns the marketing market.
It’s refreshing to see such dedication and releases being pushed at a constant manner, the only way to have structural changes in how crypto currencies work can only happen when the accent is put on development and not on just trying to convince the market. This strategy is less flashy and makes sure the road is ready for the inevitable increase in the userbase. It’s always difficult to forecast the future, especially when it concerns alternative coins when Bitcoin is raising so fast. A long term strategy suggestion would be to get around 1BTC worth of this cryptocoin as soon as possible and just hold on it: thanks to the features that are being rolled in as within 6 months there is going to be an easy gain to be made in the order of 5 to 10 times the initial investment. Using the recent market dip will make sure that the returns are maximized. What makes Viacoin an excellent opportunity right now is that the price is low and designed to rise fast, as its Lightning Network features become more mainstream. Lightning Network is secure, instant payment that aren’t going to be held back by confirmation bottlenecks, a blockchain capable to scale to the billions of transactions mark, extremely low fees that do not inhibit micropayments and cross-chain atomic swap that allow transaction across blockchain without the need of a third party custodians. These features mean that the future of this coin is going to be bright, and the the dip in price that started just a while ago is going to end soon as the market prepares for the first of August, when when the SegWit drama will affect all crypto markets. The overall trend of viacoin is bullish with a constant uptrend more media attention is expected , when news about the soft fork will spread beyond the inner circle of crypto aficionados and leak in the mainstream finance news networks. Solid coins like Viacoin, with a clear policy towards SegWit, will offer the guarantees that the market will be looking for in times of doubt. INVESTMENT REVIEW Investment Rating :- A+
https://medium.com/@VerthagOG/viacoin-investment-review-ca0982e979bd
submitted by alex61688 to viacoin [link] [comments]

Mempool Filling, Lower Fee Transaction Rebroadcasting Attack = Frozen Bitcoin?

According to https://www.reddit.com/Bitcoin/comments/69jywp/a_practical_guide_to_accidental_low_fee/ ,
When you send a transaction with too low fees, it stays in the mempool of most full nodes (1) until it either expires, (2) until a miner picks it up and confirms in a block.
The default -mempoolexpiry setting in Bitcoin 0.14 is now apparently 336 hours (two weeks). Two weeks is already a long time to wait for a transaction to expire.
However, it sounds like valid unconfirmed transactions, one broadcast, can be rebroadcast again and returned back to a node's mempool indefinitely, as long as they remain valid and unconfirmed and fall within the node's mempool settings:
...anyone can rebroadcast that transaction, and so bypass this expiration. I wonder if an attack would work when you setup a node and keep rebroadcasting all low-fee transactions until the end of times.
If new transaction demand continually exceeds block space at the prevailing fee level, then many transactions paying an originally reasonable fee will get stuck in unconfirmed status as the fee gets steadily bid up.
Under such conditions, it would seem cheap to constantly rebroadcast the unconfirmed transactions as an "attack", such that the mempool of a typical node could be constantly filled up to capacity with a kind of "sedimentary deposit" of old, rebroadcast transactions, putting a permanently rising floor under the fees.
Worse yet, the unconfirmed transactions in that "sedimentary deposit" would seemingly keep the associated Bitcoin in limbo, since any new attempted transaction with the same funds would be seen as a "double spend".
This last part seems like a potential serious problem, because it would tie up many Bitcoin users' funds for indeterminate periods of time. Especially less experienced Bitcoin users like me who are unfamiliar with techniques like RBF or CPFP, or stuck with transactions that are fundamentally unable to make use of those methods. Having funds tied up for an indeterminate period of time and being powerless to do anything about it is a terrible user experience and will probably drive many people away from Bitcoin.
Is there any chance that such an attack is taking place right now? The https://blockchain.info/charts/mempool-size chart seems to have started looking strange and spiky starting around May 11th, and there have been posts with people complaining about their old expiring lower fee transactions getting rebroadcast.
Also, as the fees get higher and higher, does this mean that more and more smaller outputs become effectively like "dust" / not practical to spend? Could the combination of constant rebroadcasting old transactions, plus more and more small outputs becoming too impractical to be worth spending, result in a significant proportion of Bitcoin getting "frozen" or effectively out of circulation? Could this result in a positive feedback look where the price of liquid, circulating Bitcoin keeps rising, causing the fees to become more onerous, causing more Bitcoin to get frozen out of circulation, causing the price of the remaining circulating Bitcoin to keep rising yet more? Taken to the logical conclusion, this would result in a Bitcoin system that effectively freezes up into a static, gold-reserve like state, with proportionally very little circulation or velocity of coins?
If such an attack was happening, or were to happen, what could be done about it? Or, is this type of mostly "frozen" main layer actually the expected / intended outcome, and all the transaction activity will shift to Layer 2? If so, where are the Layer 2 solutions, will they be ready in time if Segwit is not pushed through?
submitted by vdoel to Bitcoin [link] [comments]

Subreddit Stats: Bitcoin top posts from 2017-01-09 to 2017-02-08 00:18 PDT

Period: 29.84 days
Submissions Comments
Total 999 46557
Rate (per day) 33.48 1507.53
Unique Redditors 653 6643
Combined Score 110856 177455

Top Submitters' Top Submissions

  1. 3932 points, 2 submissions: tuqqs
    1. Clearly not mainstream yet (2808 points, 104 comments)
    2. what it'll look like, when it happens (1124 points, 195 comments)
  2. 3593 points, 19 submissions: helmsk
    1. Countdown: Bitcoin Will Be a Legal Method of Payment in Japan in Two Months (2316 points, 151 comments)
    2. Europe Lays Out Roadmap to Restrict Payments in Cash and Cryptocurrencies (317 points, 102 comments)
    3. Polish Bitcoin Adoption Escalating with Strong Ecosystem (86 points, 4 comments)
    4. Why South Korean Bitcoin Adoption Could Outpace Most Other Countries This Year (74 points, 3 comments)
    5. Pakistan Set to Become a Major Bitcoin Hub (72 points, 49 comments)
    6. UAE Did Not Ban Bitcoin (72 points, 2 comments)
    7. Europe Committed to Tightening Digital Currency Rules by End of 2017 (71 points, 23 comments)
    8. How to Start Your Own Bitcoin ATM Business (67 points, 15 comments)
    9. Coincheck's Growth Reveals Surging Japanese Bitcoin Trade (62 points, 8 comments)
    10. How Trump's Wall and Remittance Tax Could Give Bitcoin a Boost (60 points, 23 comments)
  3. 3177 points, 2 submissions: futureofeverything
    1. "R.I.P. Bitcoin. It's Time to Move On"....funny billboard driving around in Miami (3136 points, 227 comments)
    2. Why Venezuela's Currency Crisis Is A Case Study For Bitcoin (41 points, 1 comment)
  4. 2577 points, 7 submissions: Pizpie
    1. Welcome to Bitcoin, everyone. Don't worry, he'll recover. (1353 points, 155 comments)
    2. Breaking: Huobi & BTCC stopped margin trading, OKc leverage only 1x, finally no more fake BTC generated by exchange (485 points, 160 comments)
    3. Breaking: Bitcoin exchange Coinbase receives New York BitLicense (242 points, 55 comments)
    4. Canada Goose is thinking about accepting Bitcoin - Let them know what you think! (191 points, 49 comments)
    5. Confirmed: Huobi reactivates margin trading, with a limit of 100k CNY instead of 10 million CNY. (160 points, 79 comments)
    6. BREAKING: Huobi official announcement: We are considering charging trading fees. (80 points, 25 comments)
    7. Breaking: PBOC strikes again - Lending disabled on BTCC (66 points, 70 comments)
  5. 1941 points, 1 submission: bahatassafus
    1. Internet Archive: $3000 donated anonymously to the @internetarchive in bitcoin just now. Made our day! Thank you! (1941 points, 31 comments)
  6. 1338 points, 1 submission: kynek99
    1. Deutsche Bank - More than $10 billion in transactions never appeared on the books. That's why banksters don't want to use public blockchains. (1338 points, 96 comments)
  7. 1294 points, 1 submission: umbawumpa
    1. Julian Assange just used the current block hash as proof-of-not-prerecorded-interview in his AMA (1294 points, 182 comments)
  8. 1272 points, 2 submissions: Butt_Cheek_Spreader
    1. When you ride the bitcoin rally (1189 points, 204 comments)
    2. OKcoin and Huobi provided margin trading that violated rules resulting in abnormal price and fluctuations. (83 points, 28 comments)
  9. 1258 points, 4 submissions: dan_from_san_diego
    1. I started mining bitcoin in the desert. Here's some of what I have learned. (516 points, 575 comments)
    2. Chase is closing my account due to bitcoin purchases. Nice. (478 points, 410 comments)
    3. Here are some pictures of the solar greenhouse in the desert I am using to mine bitcoin. (140 points, 303 comments)
    4. Man... Brian Kelly from CNBC really fell hard for bitcoin. I like that! (124 points, 27 comments)
  10. 1250 points, 10 submissions: PoCaMiQu
    1. Can we fucking acknowledge that the Chinese Government just legitimized bitcoin? (604 points, 154 comments)
    2. WTF Huffington Post <---Fake News: "Bitcoin Plummets On Yuan Reversal" (218 points, 71 comments)
    3. This is what I like to see when checking daily's finances. (122 points, 22 comments)
    4. Beautiful balance (71 points, 13 comments)
    5. Reminder: Bitcoin's immutability is not only not a bug, but its main feature. Scalability comes secondary to it. (44 points, 20 comments)
    6. Bitcoin Price Gets Ready to Factor In Winklevoss Bitcoin ETF Approval (43 points, 24 comments)
    7. Paxful - a global leader in peer-to-peer bitcoin technology - has launched a new widget, allowing anyone to buy bitcoin worldwide instantly with over 300 ways to pay. (41 points, 34 comments)
    8. Scaling Revisited: What If Bitcoin's Big 'Problem' is Its Great Strength? (38 points, 16 comments)
    9. Flashback to the 90's: Interviewer asks Fed Chair "What is Blockchain?" (37 points, 21 comments)
    10. It seems all those FUD mongers were wrong when they predicted the price would crash without China's "liquidity" (32 points, 13 comments)
  11. 1155 points, 16 submissions: eragmus
    1. Ben Davenport (BitGo CTO): "Centralization of mining has led to some miners thinking they're in charge of Bitcoin. They forgot where Bitcoin's value comes from." (169 points, 112 comments)
    2. [Twitter Poll] Charlie Lee (Director of Engineering @ Coinbase): "What's the most important feature of Bitcoin that we must not sacrifice? Decentralization, Security, Low fees, Global payments" (116 points, 62 comments)
    3. Hernz: "Did you know you can get paid to help spread misinformation? -birds dot bitcoin dot com-" (hosted by Roger Ver) (106 points, 38 comments)
    4. The Passion of 'Bitcoin Jesus': How The Blockchain's Most Beloved Investor Became its Most Polarizing (101 points, 52 comments)
    5. Jonas Nick: "MimbleWimble blockchain (non-interactive coinjoin + pruning) may be able to support Lightning" / ref: Andrew Poelstra @ lists.launchpad.net/mimblewimble/msg00022.html (96 points, 19 comments)
    6. Bitcoin Core - IRC Meeting Summary (January 19, 2016) (83 points, 16 comments)
    7. Bitcoin Core - IRC Meeting Summary (January 12, 2016) (68 points, 7 comments)
    8. WhalePanda: "Analyzed @rogerkver's 'Cry Wolf' tactic on censorship on /bitcoin." (59 points, 16 comments)
    9. Inside MAST: The Little-Known Plan to Advance Bitcoin Smart Contracts (52 points, 8 comments)
    10. Bitcoin Core - IRC Meeting Summary (January 5, 2016) (51 points, 2 comments)
  12. 1155 points, 14 submissions: castom
    1. Russian Authorities: Bitcoin Poses No Threat, Won’t Be Banned (575 points, 80 comments)
    2. Bitcoin Goes to Washington - Trump May Hire More Digital Currency Leaders (86 points, 50 comments)
    3. With Another $30 Million Investment, BitFury becomes the Highest-funded Bitcoin Company (80 points, 3 comments)
    4. Nigeria's Bitcoin Interest Unwavering Despite Government Crackdown (64 points, 3 comments)
    5. German TV Calls Bitcoin "Digital Gold" (46 points, 3 comments)
    6. A Town in Illinois Just Announced It's Holding a Bitcoin Sale (46 points, 9 comments)
    7. Coinbase CEO: IRS Battle Could Cost Startup $1 Million (43 points, 15 comments)
    8. Xapo Now Licensed to Operate from Switzerland (39 points, 2 comments)
    9. Bitcoin Payments Startup BitPesa Raises $2.5 Million (32 points, 0 comments)
    10. Lawsuit Accuses Bitcoin ATM Owner of Smashing Competing Machines With Hammers (31 points, 18 comments)
  13. 1140 points, 4 submissions: bdd4
    1. sigh (859 points, 189 comments)
    2. As Predicted. 🙄 PBoC (137 points, 86 comments)
    3. Friendly Reminder: Bitcoin is still up 2.6% for the last 30 days (94 points, 8 comments)
    4. Dead Man's Switch for HODLers (50 points, 84 comments)
  14. 1104 points, 3 submissions: Vaultoro
    1. "Great minds discuss ideas; average minds discuss events; small minds discuss people." can we please stop this culture of bashing or lifting cults of personality and get back to science? (807 points, 143 comments)
    2. The house of Nakamoto in the main shopping strip of Vienna gets massive new bitcoin logo signage 2 stories big, 4 times 4 meters of epic propaganda! (265 points, 32 comments)
    3. I saw a post here that little snitch takes bitcoin. I just purchased a copy! Great little app and well worth 30 bucks. (32 points, 9 comments)
  15. 1088 points, 3 submissions: Carlscrazyidea
    1. You can now buy Bitcoin from any 7-11 in the Philippines! (1021 points, 136 comments)
    2. What is my impact as a Bitcoin holder? (41 points, 45 comments)
    3. I am a Hodling noob who still has a lot of Hodling work to do! (26 points, 30 comments)
  16. 1060 points, 7 submissions: Bitcohen
    1. Mercedes Buys Bitcoin Service Provider in 'Digitization Strategy' (518 points, 70 comments)
    2. Mercedes-Benz cars are now being sold for Bitcoin in Venezuela (348 points, 68 comments)
    3. Dutch Pirate Party pays 11,250 Euro deposit in Bitcoin to Electoral Council (68 points, 9 comments)
    4. Amir Taaki & Cody Wilson's Bitcoin support described by film critic as “defense of criminality” at Sundance Film Festival 2017 (44 points, 13 comments)
    5. Russia's Kaliningrad May Trial 'Legal' Bitcoin, Launch Exchange (31 points, 2 comments)
    6. Bitcurex Owner 'Disappears' After Failing to Return 2,300 BTC (26 points, 2 comments)
    7. Liverpool Launches Own Digital Currency Based on Bitcoin's Blockchain Tech - Attracts 3,000 Users in First Month (25 points, 1 comment)
  17. 1009 points, 1 submission: worstkeptsecrets
    1. Bitcoin on NewEgg. 3rd option! Ahead of Credit Card and PayPal! #ITSHAPPENING (1009 points, 92 comments)
  18. 975 points, 1 submission: SooieSide
    1. You can't get to the moon on a roller coaster. (975 points, 73 comments)
  19. 941 points, 4 submissions: Logical007
    1. UPDATE: Nearly all of Circle's 5 Star Ratings have disappeared today for their latest version (Jan 5th). A stark difference to what we saw earlier, looks like action was taken. (633 points, 177 comments)
    2. Bloomberg: Wyre CEO: "Bitcoin is a good investment for everyone." (VIDEO (188 points, 13 comments)
    3. Bitcoin isn't 'real money'. Google, you need to work on your search results. (85 points, 38 comments)
    4. Coinbase, please fix your merchant invoices on iOS 10. They haven't worked properly for months (while BitPay's work perfectly). Details and screenshot inside. (35 points, 5 comments)
  20. 896 points, 1 submission: amendment64
    1. Just paid 23 cents on a $3.74 transaction. When does it end? $1.00 per transaction? $2? $5? I don't wanna stop using this peer to peer currency, but I'm fast being priced out of it. (896 points, 1017 comments)
  21. 884 points, 2 submissions: theswapman
    1. Bitcoiner interrupts Shia LaBeouf's "He Will Not Divide Us" stream with chant that Bitcoin Will Unite Us! (456 points, 204 comments)
    2. PSA: Xapo will freeze your bitcoin and demand documents AFTER you have deposited (428 points, 101 comments)
  22. 820 points, 3 submissions: MorrisMustang
    1. South Florida Distillers uses heat from bitcoin mining to accelerate rum barrel aging! (709 points, 66 comments)
    2. "See, bitcoin is down 9.75% over the past month...I told you it crashed..." says my wife (72 points, 64 comments)
    3. EthereRum by South Florida Distillers, the worlds first rum distilled from mining heat. Stayed tuned for more details. (39 points, 21 comments)
  23. 799 points, 5 submissions: finalhedge
    1. Patrick Byrne (Overstock CEO) on Fox Business Channel today (288 points, 57 comments)
    2. "Sent my first instant bitcoin LN payment to a random irc user on testnet. Second-layer tech for the win!" | Justin Camarena on Twitter (250 points, 64 comments)
    3. Balaji Srinivasan (21 CEO) just deleted his whole tweet history. Heading to the FDA? (137 points, 69 comments)
    4. BARRY SILBERT'S BITCOIN INVESTMENT TRUST FILES FOR IPO (99 points, 10 comments)
    5. Bloomberg: 'Blockchain' Fans Will Have A Rude Awakening In 2017 (25 points, 2 comments)
  24. 798 points, 9 submissions: FluxSeer
    1. Gemini Introduces Zero-Confirmation Bitcoin Deposits (205 points, 69 comments)
    2. Bitcoin Mining Distribution 2012 vs. 2017 (146 points, 69 comments)
    3. When someone says Bitcoin is a ponzi/scam/etc... Send them this link. (131 points, 24 comments)
    4. Developer Release for OpenBazaar 2.0 (123 points, 45 comments)
    5. Federal Reserve Staffer Fined for Mining Bitcoins at Work (62 points, 4 comments)
    6. A Future Led by Bitcoin Unlimited is a Centralized Future (56 points, 38 comments)
    7. Blockstream joins Digital Garage to jointly develop next-generation financial technology (33 points, 15 comments)
    8. Bitcoin Matrix Wallpaper (1920x1080) (23 points, 6 comments)
    9. The ECB Explains Why Central Banks Can't Go Bankrupt (19 points, 7 comments)
  25. 796 points, 1 submission: kidblondie
    1. [AMA] I'm the woman who got pepper sprayed wearing the "Make Bitcoin Great Again" hat. (796 points, 938 comments)
  26. 709 points, 1 submission: silver_89
    1. Liftoff (709 points, 282 comments)
  27. 697 points, 2 submissions: Tfoe1399
    1. Huge shoutout to BTC.com for giving me back my money (666 points, 91 comments)
    2. So this just happened (31 points, 101 comments)
  28. 691 points, 3 submissions: jholmes91
    1. Antonopoulos Supports SegWit, Opens Doors For Lightning and TumbleBit (315 points, 112 comments)
    2. Donald Trump is Considering a Bitcoin Entrepreneur to Lead the FDA (220 points, 137 comments)
    3. Japanese Internet Giant GMO Announces Entrance to Bitcoin Wallet Market (156 points, 14 comments)
  29. 688 points, 2 submissions: belcher_
    1. bitcoin.com loses 13.2BTC trying to fork the network: Untested and buggy BU creates an oversized block, Many BU node banned, the HF fails (543 points, 428 comments)
    2. Segwit talk by Pieter Wuille. 25 minutes talk time (145 points, 21 comments)
  30. 673 points, 9 submissions: Lite_Coin_Guy
    1. Litecoin Moves to Adopt Bitcoin's SegWit Scaling Upgrade (155 points, 86 comments)
    2. If Bitcoin ETF approval ignites speculative rush, doesn't that prove intense latent demand, blocked only by the SEC? (120 points, 22 comments)
    3. Big miners are free to create their Unlimited coin, but if they try to kill Bitcoin it will resist censorship and route around it. (108 points, 103 comments)
    4. What is money? (93 points, 56 comments)
    5. Charlie Shrems next jail time? (50 points, 15 comments)
    6. In 1996 they said the Internet was in need of a "killer app". In 2016, they said #Bitcoin needed a "killer app", too. (39 points, 17 comments)
    7. Introduction to Bitcoin & Blockchains (38 points, 5 comments)
    8. Evaporative Two-Phase Immersion Cooling (Bitfury) (37 points, 6 comments)
    9. Crypto '98 Rump Session- Hal Finney (33 points, 8 comments)
  31. 635 points, 8 submissions: olivercarding
    1. Bitcoin Has Many Fans at Amazon According to Purse CEO Andrew Lee (152 points, 39 comments)
    2. Bitcoin is Closing in On Its Transaction Capacity Limit, For Real This Time (110 points, 155 comments)
    3. The Founder of India-Based Bitcoin Mining Pool GBMiners is Running a Ponzi Scheme (105 points, 50 comments)
    4. How Bitcoin Is Disrupting The Online Gambling Industry (98 points, 74 comments)
    5. Report Estimates There are More Than 10 Million Bitcoin Holders Worldwide (91 points, 54 comments)
    6. Blockchain Announces Expansion in Middle East; Partners with Dubai Government (32 points, 7 comments)
    7. 3 Teams Receive Funding from $1.2 Million Bitcoin Development Grant, More Funds Incoming (27 points, 7 comments)
    8. Digital Garage and Blockstream Collaborate on New Blockchain Solutions for Japanese Market (20 points, 0 comments)
  32. 630 points, 1 submission: classna
    1. FOMO-ing right now (630 points, 85 comments)
  33. 621 points, 7 submissions: _smudger_
    1. Bitcoin: Why It Now Belongs in Every Portfolio (206 points, 33 comments)
    2. Bitcoin ETF may attract $300 million in the first week, says Needham & company (205 points, 103 comments)
    3. It's time to start thinking about denominating Bitcoins in mBTC permanently. Might be the last time to buy some for less than a dollar each! (82 points, 127 comments)
    4. Big China bitcoin exchange says no government pressure on outflows (46 points, 6 comments)
    5. New weekly record in Local Bitcoin volumes plus new highs in Canada, Colombia, Denmark, Saudi Arabia, Thailand and Venezuela (36 points, 1 comment)
    6. Despite the recent drop the price is hitting new records when averaged over a year (24 points, 10 comments)
    7. Press Release: CD Key retailer CJS CD Keys now Accepting Bitcoin (22 points, 3 comments)
  34. 597 points, 1 submission: arichnad
    1. mac has the new bitcoin Unicode character already! (597 points, 81 comments)
  35. 594 points, 1 submission: drvox1600
    1. Bitcoin just hit $1000 USD! :D (594 points, 147 comments)
  36. 573 points, 4 submissions: bitcoinglobe
    1. Japanese internet giant, GMO, entering bitcoin exchange and wallet markets (451 points, 26 comments)
    2. Abra overview (52 points, 22 comments)
    3. Japan Could See 20,000 Bitcoin Accepting Merchants in 2017 - CryptoCoinsNews (44 points, 5 comments)
    4. Bitcoin is gold with a teleporter (26 points, 2 comments)
  37. 567 points, 9 submissions: PrimeParticle
    1. "Introduction to Bitcoin" - Andreas Antonopoulos (Probably one of the best videos for introducing bitcoin). (131 points, 7 comments)
    2. Venezuela's currency now worth so little shopkeepers weigh vast piles of notes instead of counting them (118 points, 42 comments)
    3. Coins are cheaper in China by $30 to $50 dollars for the first time in a long time, that means... (92 points, 87 comments)
    4. Andreas Antonopoulos - The Death of Money | London Real (57 points, 1 comment)
    5. Abra: Bitcoin To Fiat Withdrawals At Tellers Globally! - 2017 North American Bitcoin Conference (47 points, 14 comments)
    6. Remember that you can use CPFP or RBF to get your transactions confirmed faster. (45 points, 46 comments)
    7. Bitcoin Q&A: The Lightning Network & Rootstock (30 points, 1 comment)
    8. Public Perception of Bitcoin is Slowly Shifting Amid Global Financial Turmoil (25 points, 1 comment)
    9. Bitcoin is shrugging off some big news of out of China (22 points, 1 comment)
  38. 561 points, 1 submission: kevsudos
    1. Bitcoin Hodlers Be Like........ (561 points, 96 comments)
  39. 543 points, 1 submission: turn-down-for-what
    1. $1,000! (543 points, 49 comments)
  40. 539 points, 1 submission: BlahYourHamster
    1. [META] Can we use the Bitcoin Rollercoster Guy as the upvote and downvote arrows? (539 points, 49 comments)
  41. 538 points, 7 submissions: themetalfriend
    1. The real superhero (210 points, 15 comments)
    2. Countries where you can survive on Bitcoin (map) (76 points, 88 comments)
    3. How practical is it to live on Bitcoin: historical progress (gif) (63 points, 40 comments)
    4. Among the countries with the strongest Bitcoin adoption: Slovenia, Finland, Singapore, Hong Kong, Canada, Switzerland (63 points, 13 comments)
    5. Long-term bitcoiner checking this sub (51 points, 9 comments)
    6. The complete list of the factors that influence the value of Bitcoin (45 points, 29 comments)
    7. Will Bitcoin work on Mars? (30 points, 41 comments)
  42. 521 points, 2 submissions: roasbeef
    1. Announcing the Alpha Release of the Lightning Network Daemon! (427 points, 152 comments)
    2. Setting up and Testing LND with the Testnet Lightning Faucet (94 points, 7 comments)
  43. 506 points, 1 submission: ToTheMoonGuy
    1. Super Bowl Bitcoin Lady (506 points, 37 comments)
  44. 484 points, 1 submission: ssienk117
    1. My new Phone background. Thanks u/SooieSide/ (484 points, 30 comments)
  45. 472 points, 2 submissions: Wingsuit
    1. I think duck duck go should improve their decimal accuracy (386 points, 41 comments)
    2. Bitcoin achieves leetness in Australia (86 points, 12 comments)
  46. 470 points, 1 submission: robertgenito
    1. The REAL good ol' days of bitcoin... (470 points, 103 comments)
  47. 444 points, 1 submission: loserkids
    1. Bitcoin saved my ass in South East Asia (444 points, 115 comments)
  48. 441 points, 1 submission: boyber
    1. LibreTaxi, free and open source UbeLyft alternative to connect passengers and drivers - bitcoin integration on the way! (441 points, 94 comments)

Top Commenters

  1. nullc (2659 points, 215 comments)
  2. kidblondie (2127 points, 89 comments)
  3. BashCo (1530 points, 293 comments)
  4. dellintelbitcoin (1400 points, 372 comments)
  5. smartfbrankings (1141 points, 265 comments)
  6. belcher_ (1031 points, 149 comments)
  7. Frogolocalypse (986 points, 322 comments)
  8. dan_from_san_diego (949 points, 554 comments)
  9. Cryptolution (851 points, 226 comments)
  10. Vaultoro (822 points, 100 comments)
  11. thieflar (792 points, 231 comments)
  12. Lite_Coin_Guy (748 points, 219 comments)
  13. Cryptoconomy (728 points, 134 comments)
  14. Coinosphere (723 points, 282 comments)
  15. luke-jr (718 points, 141 comments)
  16. waxwing (707 points, 117 comments)
  17. bitsteiner (658 points, 157 comments)
  18. BitttBurger (646 points, 157 comments)
  19. shesek1 (607 points, 132 comments)
  20. pb1x (595 points, 76 comments)
  21. jratcliff63367 (591 points, 45 comments)
  22. supermari0 (587 points, 131 comments)
  23. bitusher (581 points, 96 comments)
  24. 4n4n4 (576 points, 79 comments)
  25. coinjaf (562 points, 225 comments)
  26. glockbtc (541 points, 168 comments)
  27. 45sbvad (539 points, 102 comments)
  28. killerstorm (536 points, 119 comments)
  29. adam3us (527 points, 66 comments)
  30. maaku7 (527 points, 63 comments)
  31. nopara73 (523 points, 120 comments)
  32. phor2zero (499 points, 66 comments)
  33. PrimeParticle (496 points, 108 comments)
  34. sreaka (495 points, 155 comments)
  35. jonny1000 (488 points, 98 comments)
  36. CoinCadence (487 points, 77 comments)
  37. SatoshisCat (480 points, 150 comments)
  38. petertodd (473 points, 24 comments)
  39. spoonfednonsense (472 points, 126 comments)
  40. Hitchslappy (472 points, 102 comments)
  41. albuminvasion (466 points, 84 comments)
  42. Taek42 (456 points, 44 comments)
  43. chrisrico (452 points, 87 comments)
  44. AnonymousRev (451 points, 115 comments)
  45. the_bob (443 points, 114 comments)
  46. satoshicoin (438 points, 65 comments)
  47. Riiume (434 points, 83 comments)
  48. exab (430 points, 125 comments)
  49. jimmajamma (422 points, 141 comments)
  50. brg444 (421 points, 69 comments)

Top Submissions

  1. "R.I.P. Bitcoin. It's Time to Move On"....funny billboard driving around in Miami by futureofeverything (3136 points, 227 comments)
  2. Clearly not mainstream yet by tuqqs (2808 points, 104 comments)
  3. Countdown: Bitcoin Will Be a Legal Method of Payment in Japan in Two Months by helmsk (2316 points, 151 comments)
  4. Internet Archive: $3000 donated anonymously to the @internetarchive in bitcoin just now. Made our day! Thank you! by bahatassafus (1941 points, 31 comments)
  5. Welcome to Bitcoin, everyone. Don't worry, he'll recover. by Pizpie (1353 points, 155 comments)
  6. Deutsche Bank - More than $10 billion in transactions never appeared on the books. That's why banksters don't want to use public blockchains. by kynek99 (1338 points, 96 comments)
  7. Julian Assange just used the current block hash as proof-of-not-prerecorded-interview in his AMA by umbawumpa (1294 points, 182 comments)
  8. When you ride the bitcoin rally by Butt_Cheek_Spreader (1189 points, 204 comments)
  9. what it'll look like, when it happens by tuqqs (1124 points, 195 comments)
  10. You can now buy Bitcoin from any 7-11 in the Philippines! by Carlscrazyidea (1021 points, 136 comments)

Top Comments

  1. 380 points: Tyatku's comment in When you ride the bitcoin rally
  2. 340 points: Vaultoro's comment in Just paid 23 cents on a $3.74 transaction. When does it end? $1.00 per transaction? $2? $5? I don't wanna stop using this peer to peer currency, but I'm fast being priced out of it.
  3. 323 points: jamesdpitley's comment in "R.I.P. Bitcoin. It's Time to Move On"....funny billboard driving around in Miami
  4. 290 points: Clutch70's comment in Clearly not mainstream yet
  5. 212 points: BitcoinDreamland's comment in South Florida Distillers uses heat from bitcoin mining to accelerate rum barrel aging!
  6. 206 points: bitpotluck's comment in FOMO-ing right now
  7. 195 points: howardkinsd's comment in Clearly not mainstream yet
  8. 182 points: beloboi's comment in "R.I.P. Bitcoin. It's Time to Move On"....funny billboard driving around in Miami
  9. 181 points: BattleChimp's comment in "R.I.P. Bitcoin. It's Time to Move On"....funny billboard driving around in Miami
  10. 179 points: kidblondie's comment in [AMA] I'm the woman who got pepper sprayed wearing the "Make Bitcoin Great Again" hat.
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How To Get Your Bitcoin Transaction Confirmed with CPFP Bitcoin Charts for 2020.03.19 The Four Minute Morning {Bitcoin Charts} 2018.03.22 Bitcoin Chart Technical Analysis for 07-15-2020 INSANE!! BITCOIN CHART MIGHT GET REKT?!! Crypto Analysis TA Today & BTC Cryptocurrency Price News

Each Bitcoin transaction has the same exit for change, allowing you to start the CPFP mechanism. Bottom Line Accelerating transactions in the Bitcoin network and other cryptocurrencies is one of the priority tasks for the creators of blockchain projects. Chart. A chart shows the past changes in exchange rates in a graph with the value and time as its axes. By using a chart, you can see how the rates are changing at a glance.. There are many types of charts. The most common type is the candlestick chart, but there are also linear moving average charts, average movement index charts, Bollinger Band charts, RSI, Stochastics, and MACD. On October 2nd, in a post on the Coinbase blog, employees Brock Miller and Eli Haims detailed a new technique the exchange has been using to expedite transaction processing on the Bitcoin blockchain, which Coinbase calls the ‘Child Pays for Parent (CPFP)’ solution. The key problem that Coinbase is trying to solve is described early on in the blog post: Bitcoin is just a computer code people bet on because other people say it worth something. But it's actually worth only the money they bet on !! Started by frustrated teens and frustrated geeks and fueld by hype, gullibility, greed and wannabes' stupidity. That's the real engine of the bitcoin gowth. Also pretty much a multi-level marketing Chart. A chart shows the past changes in exchange rates in a graph with the value and time as its axes. By using a chart, you can see how the rates are changing at a glance.. There are many types of charts. The most common type is the candlestick chart, but there are also linear moving average charts, average movement index charts, Bollinger Band charts, RSI, Stochastics, and MACD.

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How To Get Your Bitcoin Transaction Confirmed with CPFP

Bitcoin Charts and Fantasy Update - How I can dominate sports I don't know ... Bitcoin Q&A: Spam transactions and Child Pays for Parent (CPFP) - Duration: 10:04. aantonop 14,715 views. Learn how to read stock charts and identify technical patterns as ClayTrader does a quick stock chart review on Bitcoin (Bitcoin). Watch more Bitcoin Technical Analysis Videos: https://claytrader ... Learn how to read stock charts and identify technical patterns as ClayTrader does a quick stock chart review on Bitcoin (Bitcoin). Watch more Bitcoin Technical Analysis Videos: https://claytrader ... This bitcoin chart could change everything (critical level on BTC). In this video we explain the important of a key level on the higher timeframe chart of bitcoin and we focus on the likely wave ... Welcome to Team Underground, I (Thomas) do weekly BTC price analysis on YouTube. I've been full time trading bitcoins for over a year now and I've decided to share some of my analysis on YouTube ...

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