Quote from: BrewMaster on April 15, 2017, 03:27:30 PM

Quote from: jonald_fyookball on April 15, 2017, 03:25:06 PM

Quote from: BrewMaster on April 15, 2017, 03:21:44 PM

Quote from: OmegaStarScream on April 15, 2017, 03:17:16 PM

Things are definitely better then It was yesterday, I have a question though, If this is indeed a spam attack, anybody could do it? or this require money and resources to do? curious how It's done but If it require money, I believe big whales are behind it.

i am no expert but some things (i think) are obvious. for example the transactions need to be paying higher fees or they would be useless. so each paying 200-300 satoshi per byte.

only useless to real user. spammer doesnt need to pay anywhere near that cost. they can put absolute minimum that would be relayed whatever that is (no fee?) im not sure

if there are 1 million transactions paying 10 satoshi per byte i pay 20 satoshi per byte and i will have priority over all of the 1 million spam transctions so miners will pick my tx.

they spam to take the space in the block (fill it up) not to take the space in the memory pool. and to take the block you need to have higher priority hence the higher fee.

you are partially right..but

a) they can still bid very low and cause problems
b) it contributes to high fees for everyone else
c) the fuller the blocks are naturally, the less extra space there is , so cheaper to spam (this is why bigger blocks will help fight spam)