Post
Topic
Board Bitcoin Discussion
Re: Blockchain split of 4 July 2015
by
Mikestang
on 09/07/2015, 19:13:02 UTC

The current delay in the transactions is due to a spammer (attack) on the Bitcoin network, who sends peaks of 150 transactions per seconds on a network that can handle about 7 only.  
One jerk can jam up Bitcoin for the entire world?
One jerk with a lot of Bitcoin nodes and a lot of money to burn.

If you just send transactions back and forth to yourself the only money that's burning is the tx fee, and that's minimal.