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126 2018-01-08T08:09:56 <camarads> Hey guys. I currently have an issue. I have more than 200 unconfirmed transactions in my wallet since 12-20 of December. I use bitcoin core rpc api to send the payments. I didn't have RBF enabled so this option is out. What i did untill now. I disabled transaction rebroadcasting and i zapped all the unconfirmed transactions from wallet. The funds returned to my wallet from what i can see
127 2018-01-08T08:09:56 <camarads> but in the the blockchain the transactions still appear. What do you guys recommend ? To resend the transaction now with a higher fee or not wait for the transactions to dissapear from the mempool ? If i resend now , from what i know , it will appear as double-spending and the transactions won't get confirmed ? Any advice please ? Thank you
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139 2018-01-08T08:45:44 <echeveria> camarads: "in the blockchain"
140 2018-01-08T08:45:53 <echeveria> you know that blockchain.info, and the blockchain are different?
141 2018-01-08T08:46:19 <camarads> yes i know
142 2018-01-08T08:47:21 <camarads> i meant on informational block explorers :)
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144 2018-01-08T09:01:47 <wkalt> is it true that if a miner validates a block (gets a hash < difficulty) they get 12.5 BTC plus fees *regardless* of whether the block is accepted by the network?
145 2018-01-08T09:02:05 <wkalt> sorry if I've got the terminology wrong -- total noob
146 2018-01-08T09:03:10 <wkalt> but I'm wondering how the fee numbers add up if the block is rejected
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148 2018-01-08T09:06:22 <wkalt> it seems like any award must be independent of acceptance by the network
149 2018-01-08T09:09:36 <wkalt> which I guess means you could get unlucky and end up paying fees multiple times?
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151 2018-01-08T09:13:46 <echeveria> wkalt: they only get the reward for a valid block.
152 2018-01-08T09:14:00 <echeveria> it's not independent. that would be broken.
153 2018-01-08T09:14:09 <wkalt> echeveria: valid == hash less than difficulty right?
154 2018-01-08T09:14:15 <echeveria> no.
155 2018-01-08T09:14:24 <echeveria> valid means the block passes the validity rules AND has proof of work.
156 2018-01-08T09:15:12 <echeveria> it would be silly to pay you for an invalid block now wouldn't it?
157 2018-01-08T09:15:34 <wkalt> I certainly think so :)
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159 2018-01-08T09:16:23 <wkalt> I'm trying to understand though -- proof of work is hash < difficulty? Where can I read about the validity rules beyond that
160 2018-01-08T09:16:31 <echeveria> CheckBlock()
161 2018-01-08T09:17:13 <echeveria> transactions must be well formed, the merkle tree must be valid, the timestamp needs to be more than the median of the last 11 timestamps, there's thousands of rules.
162 2018-01-08T09:17:42 <wkalt> ok -- is there still some element of "will this valid block get accepted by the network"?
163 2018-01-08T09:17:45 <wkalt> if that makes sense
164 2018-01-08T09:17:51 <wkalt> I
165 2018-01-08T09:17:56 <wkalt> I'm looking at checkblock
166 2018-01-08T09:18:14 <echeveria> yes. nothing says people *have* to accept your block. there can be many valid blocks at one height, but only one will be canonical.
167 2018-01-08T09:19:44 <wkalt> ok, that matches my impression. And so if your block is not canonical, what happens to fees on the associated transactions?
168 2018-01-08T09:19:55 <echeveria> as if the block never existed.
169 2018-01-08T09:20:31 <wkalt> are they reversed or never paid?
170 2018-01-08T09:20:38 <echeveria> as if the block never existed.
171 2018-01-08T09:20:40 <wkalt> the fee payments*
172 2018-01-08T09:21:11 <wkalt> doesn't that take time to work out though?
173 2018-01-08T09:21:16 <wkalt> like indefinite time?
174 2018-01-08T09:21:25 <echeveria> does what take a long time to work out?
175 2018-01-08T09:21:41 <wkalt> which block gets accepted. sorry again if I'm being thick.
176 2018-01-08T09:21:53 <echeveria> you only accept one.
177 2018-01-08T09:22:05 <wkalt> by the network though
178 2018-01-08T09:22:05 <echeveria> you only consider an alternative when it has more cumulative work (blocks) on top of it.
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180 2018-01-08T09:24:03 <wkalt> that part makes sense to me. I guess what I'm wondering is a) I get find a nonce that makes the block valid b) I publish the block -- when do I get transaction fees?
181 2018-01-08T09:24:14 <wkalt> or am I misunderstanding the whole thign
182 2018-01-08T09:24:22 <wkalt> s/gn/ng
183 2018-01-08T09:24:29 <echeveria> your understanding is pretty rough.
184 2018-01-08T09:24:37 <echeveria> the fees are paid out as part of the block.
185 2018-01-08T09:24:58 <echeveria> if the block is in the main chain, you can spend them. if it's not, you can't.
186 2018-01-08T09:27:41 <wkalt> ok, thanks echeveria -- reading up some more
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190 2018-01-08T09:54:49 <wkalt> echeveria: ok I think this makes sense to me -- in the case I've described above, I've really created an unsuccessful fork. If an exchange wanted to support me, I actually *could* spend that money, but the reality is nobody would and that's what holds it together.
191 2018-01-08T09:56:39 <wkalt> seem right?
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198 2018-01-08T10:34:28 <plop1342> Hi, what SHA256 C algorithm is used?
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