Re: Ultimate Bitcoin Stress Test - Monday June 22nd - 13:00 GMT
Wow, these guys were spot on with this test.
I wonder if $500K in BTC was set aside.
Just normal calculation would tell me transactions would take days! If not weeks.
This is a serious problem.
I wonder if $500K in BTC was set aside.
Just normal calculation would tell me transactions would take days! If not weeks.
This is a serious problem.
According to the original calculation they provided, the unconfirmed tx should be around 55MB by now.
Currently, it is only around 8MB, which is not that bad. Miners seem to be chomping away fine.
So the stress testers either stopped or it was a scam to manipulate something unknown at this time (double spends?).
Currently, this only effects users who did not set a higher fee, to get into next block.
Currently, the average fee for next block seems to float around 0.0003.