www.BURSTNation.com Making it Rain
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@RichBC said in www.BURSTNation.com Making it Rain:
@jj1k So is this the reason that I am seeing ridiculous delays in getting Asset order placements and cancellations to be recognised at the moment or is that something else?
When sending Burst you can choose to up the fee if you want, but there seems to be no provision to do this with an Asset Transaction. Is this correct or am I misunderstanding how things work?
Rich
No idea on that one. i was just asking a question. if mining is awarded on fees same as other cryptocoins i can only assume it is good for the miners especially if they are winning the blocks?
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@Lexicon Wow just seen all the 1690 + 507 going through :-)
So serious follow up question. Does this delay Asset transactions going through or do they ride in the Blocks in a different way? If it does hold them up, as it seems to me, then we need a solution to this as speed can be of the essence? An option to up the fee would be Ok, but there does not seem to be a way of doing this?
Rich
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@Lexicon - I can get around a rate-limit on transactions per account simply by having more accounts.
@daWallet - Based on what you've said, that means transactions that need to be confirmed sooner will have a higher fee, which doesn't seem like a problem really. I'll wait a few hours for a trivial transaction on the cheap or I'll pay more to have it confirmed sooner, yeah? You also hit on another question I had, which was about changing the size of blocks on the chain. If that's possible, then it seems like these are healthy growing pains.
So rather than a huge fatal flaw in the entire system, this seems more like a way to artificially inflate the value of Burst, which the network will then adjust for. The question that interests me now is... once it inflates... will it stay there or crash back down again? :)
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@sevencardz smart guy
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@sevencardz That's exactly how it is designed. When you have a time-critical transaction to go through, change the fee to 2 or more Burst.
Hopefully at some point in the future the max transactions per block are really too low and we need to have a solution ready that is smart enough to grow with the network, so we don't have to increase it manually with each new version.
(Increasing the maximum transactions is a hard fork. So we better do this only once with a solution that can adjust itself)
@RichBC That Asset transactions only use 1 Burst for fee is actually a GUI problem. This can be taken care of very easily.
Edit: Ops, I'm blind. There is the option to change the fee in the Asset Exchange.
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@daWallet said in www.BURSTNation.com Making it Rain:
@RichBC That Asset transactions only use 1 Burst for fee is actually a GUI problem. This can be taken care of very easily.
I see it now, don't know how I missed it....
So presumably if two transactions have the same fee then when they were submitted determines which one is carried in a Block, but if one is higher than the other the larger fee takes precedence? Can you use decimals on fees? :-)
Rich
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Well,
Is this the reason that I haven't been able to find a block since these transactions started.
Cause seriously the day that I received the first of these small amounts of bursts i stopped mining and receiving the usual pool rewards?
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blocks are random. Some people get a bunch at once whilst others don't get any for ages. Blocks aaren't to live on but they give a rush when won.
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I don't have a problem with a small chunk of Bursts randomly going into my wallet from someone who is spamming me with ads.
Heck, I'll treat it just like a Youtube Ad. It's there, I can see it, I can read it, and I understand what they are trying to do. But I'm still not going to click on it or visit the site that has more information regarding it. Thank you though. :)
Oh, and please don't stop sending me Bursts, I like it. :)
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thanks everybody for making an interesting and productive discussion out of this! (silly me!)
So now I understand why I was not able to payout dividends last night! I tried twice and they always got suck and than vanished!
@daWallet there's a field in "Dividends+" which shows the fees but you cant change it! Feature-request!-)
maybe @LithStud will also add it to his lovely and very fast "Dividends system (BETA)" which I've been trying out!-)
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@nixxda oh someone uses it :D be carefull as its intended for assets with no decimal points ;) and if you need the fee setting i can add it no problem :)
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@LithStud yes I'm occasionally checking what nice thing you came up with while nobody was looking!-)
and I'm aware of the lack of decimals. But thanks for mentioning! I'm only using it for my private little distribution asset (and I hate decimals anyway!-)PS. even my Polo account holds some of this asset!-) yes you can do that! But you'll be never able to transfer them out of there again!
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@daWallet maybe a hash of all previous blocks would allow for a thin client, so after each block is created a hash of all previous is also stored. It would also allow for reverse build of the db. Just a thought...
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Does anyone know anything about Pascal's deletable blockchain?
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Guys it's free money, just be happy lol
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I'm going to try to address many questions in a single thread in the form of a question/answer block, I may not address everything listed above but I'll do my best.
Q: My asset orders seem hung, is that because of all the block transactions
A: Yes, an asset buy or sell or transfer counts as a standard transactions, transactions are given priority by two factors. First is the transaction fee (default is 1) the highest transactions fees are spotted by the nodes and processed first 2) Blocks with the same transaction fee are rated by the submit time. So actions with equal fees are rated on a first come first server bases. EVERY block chain request goes through this process some of the items include; Faucet Claims, Dividend Payouts, Asset Buy, Sell or Transfer, sending Burst to or From Polo or another wallet.Q: Can this be fixed?
A: It can but it's probably low priority. As PASCAL coin was mentioned they have solved the problem of the ever expanding block chain DB by pruning it back to only relevant data. Our problem is no different that the current problem with BTC transaction fees. If you want to feel pain try sending someone BTC but check the box that says "Only pay required transaction fee" which I believe is 1000 Sats. The time for your money to leave the wallet is instant, the time for it to reach the other wallet as a confirmed transaction will be somewhere in the neighborhood of 90 to 120 days!Q: How do I change the Fee for Transaction type X
A: It sounds like were going to keep @daWallet busy with some updates to the AIO. This is a problem that we thought could happen, just didn't take the energy to correct and issue that didn't exist some time ago. I'm sure their will be a new version of the wallet with the ability to globally set the transaction fee or on a per transaction basis.Q: Does this affect my ability to mine blocks?
A: No, this issue we are discussing has nothing to do with mining other than the fact miners will receive higher payouts for transactions per block.-IceBurst
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I thought the wallet already asked how much of a fee you want to put......Am I wrong?
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@socal said in www.BURSTNation.com Making it Rain:
I thought the wallet already asked how much of a fee you want to put......Am I wrong?
It does for some basic transactions, not for all offered operations.
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hmm, I kind a like the sound of people wanting to pay more fees to get their transactions processed faster!-)
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ok, I'll take the "click-bait" back! This is starting to look more and more like an attack on the network!! setting an "Reward assignment" now takes more then 10 blocks!
What exactly is the purpose of this? Are you testing something? Pleas enlighten us!
Or just send 50Burst at a time! Then you'll be done faster!-)



