929000+ entries in 0.661s
Ukto: back
to coding for me :)
Ukto: ThickAsThieves:
thats another discussion for another day. :)
mircea_popescu: kakobrekla what do yo usay
to an idea of giving less weight
to small bets on bitbet ?
Ukto: youw ill see
they are mostly in order
Ukto: and if you look at
that last block
Ukto: only
taking abotu 200~300
txns with it
thestringpuller: at some point you WILL have
to pay miner fees
to get confirmed?
Ukto: you will see
the number dropped from 800+
Ukto: btw, look at
the blockchain unconfirmed list
Ukto: thats why
there is
the big update deadline
Ukto: the point was
to increase
the
tx load. not limit
them
Ukto: along with a
the max set
to 0.8
Ukto: thats what caused
the fork
Ukto: mircea_popescu: all pools did not set 1mb max
txn lists
mircea_popescu: ThickAsThieves post in mpoe's devs are idiots
thread lol
jborkl: hmm, I wonder if we addnode eachother with a fee structure we like - we will broadcast and get included faster-
therefore prioritizing out
transactions
Ukto: pools were
told
to increase
the size of
txn announcements
Ukto: this was
teh cause of
the recent fork
Ukto: and
this is not corrected,
then bitcoin will die.
Ukto: if
ti continues
to grow
Ukto: the issue is
that bitcoin needs
to be able handle larger amounts of
txns
Ukto: same as
the 0 fee
tx
Ukto: and it still
took 3 hours
Ukto: during slow
times, i have
tested sending
tx with a 0.1btc fee
Ukto: as I stated, very few high block pools sort by
tx fee
Ukto: the issue isnt
the fee itself
Ukto: jborkl: yes, but as as service, it's a huge pain
to constantly change
that one line and restart
ThickAsThieves: if i'm
trying
to send 20btc quickly, in order
to profit 10%, i dont care about paying even a .1btc fee
Ukto: mircea_popescu: no idea. blockchain.info is up
to date
jborkl: it is only 1 line in
the .conf file
to change
the fee structure
Ukto: unless you pay a highre fee
than sdice's already higher
than default fee
Ukto: when your limiting
txns
to say 500 when generating a block
mircea_popescu: Ukto i am setting .1, and
that s.dice seems
to have made it in fast no ?
Ukto: or are you purposefully setting higher
tx fees?
Ukto: so if your saying lower priced
tx fees for your
transfers are going
through before highier pricesed sdice
txns,
then your
thought
that pools sort by
tx fee is out
the window, right?
ThickAsThieves: first ,
the client sux,
this causes people
to not run nodes,
then pools dont prioritize by what pays most,
then even for
those
that do, we have services dealing in lots of btc
that dont include fees at all
mircea_popescu: as far as i can see
the backlog has been 5
to 10k
txns for
the past... 2 months ?
Ukto: and how many
txns are being added
to
the network
Ukto: it also depends on
time of day
mircea_popescu: maybe i am loved by pools and
they prioritise me otherwise ? (seems improbable)
Ukto: you have
to make sure
to pay higher
Ukto: 0.0012 btc is not
the default
txn fee
ThickAsThieves: the shit hanging off of every facet of
the dev and
tx side of btc boggles my mind
Ukto: mircea_popescu: based on what you said, pools would be idiots
to not include sorted by fee.
Ukto: due
to
the confirms
Ukto: ThickAsThieves: bitcoin has always been slower
than credit card
mircea_popescu: as far as i can
tell, fee + well connected node -> next block guaranteed.
Ukto: so for
the pools
that prioritize based on
tx fee, unless you specifically
tell your client ot pay a higher
tx fee
than sdice (whatever it might adjust
to) you will not get ahead of
them
mircea_popescu: the fact is
tho, i set mpex
to pay 0.001. since
then i have measured, and i had next-block inclusion for all payments
ThickAsThieves: bitcoin is way less cool if its slower
than a credit card
Ukto: sdice pays higher
than default
txs
Ukto: but causes
the delay later for
the next pool
Ukto: i
think him doing it helps non sdice
txns get
through
mircea_popescu: it makes no diff,
there's always 500 non sdice
txns in
the pool
mircea_popescu: whether he puts in 500
txs including sdice or excluding s dice
Ukto: but while he blocks sdice, it allows other
txns
to get processed at least
Ukto: leaving a larger backlog for
those
to be processed
Ukto: Luke-Jr even completely blocks sdice
txns (last i checked)
Ukto: or with
the original bitcoin intentions
Ukto: i know 4 major pools
that are first come first serve
Ukto: it creates a backlog of
txn processing
Ukto: so when
things like sdice are being super popular etc
Ukto: they just have a hard limit on how many
txn's can be included per block
Ukto: mircea_popescu:
the issue is
that none of
the pools currently prioritize by
tx fee rate
jborkl: where I am -
there are not any for 200 300 miles
Ukto: including
the major pools
mircea_popescu: seems atm 90%+ of nodes are on
the euro fiberring, on
the sf-la line and on
the ny-boston line
Ukto: ThickAsThieves: also, weex broadcasts
txns
to over 500 nodes :)
mircea_popescu: jborkl if you have
the option, set
them up in like mongolia and shit
mircea_popescu: but with people
turning it off we;'re already under
the red.