1 2016-03-05 10:32:58 <SillyMusings> Hi everyone
 2 2016-03-05 10:33:14 <SillyMusings> Is there a limit to the maximum number of unconfirmed TXes a new TX can build on top of?
 3 2016-03-05 10:33:59 <phantomcircuit> SillyMusings, in theory? no, in practice? yes
 4 2016-03-05 10:34:12 <phantomcircuit> a better question is probably, why?
 5 2016-03-05 10:34:17 <SillyMusings> phantomcircuit, do you know what the order of magnitude is?
 6 2016-03-05 10:34:31 <SillyMusings> I am trying to determine how to architecture my new app
 7 2016-03-05 10:36:44 <phantomcircuit> SillyMusings, it would help if i knew what it was
 8 2016-03-05 10:36:52 <phantomcircuit> (even just broadly)
 9 2016-03-05 10:37:46 <SillyMusings> phantomcircuit, sure, basically I'm trying to test bitcoin's fee market
10 2016-03-05 10:37:58 <phantomcircuit> oh
11 2016-03-05 10:38:04 <phantomcircuit> so you're spamming crap
12 2016-03-05 10:38:08 <SillyMusings> I'm aware that the network is currently under spam attack(s) and I want to play around as well
13 2016-03-05 10:38:09 <phantomcircuit> yeah im not going to help you
14 2016-03-05 10:38:25 <SillyMusings> well, security through obscurity doesn't work.
15 2016-03-05 10:38:56 <phantomcircuit> whatever you say
16 2016-03-05 10:39:00 <SillyMusings> I'm being friendly and using OP_RETURN so the output can be pruned.
17 2016-03-05 10:39:02 <phantomcircuit> im not going to help you
18 2016-03-05 11:50:52 <SillyMusings> I am currently pushing 35.94 kB every 10 minutes
19 2016-03-05 12:02:25 <jeremias> cool
20 2016-03-05 12:02:45 <jeremias> are you masturbating at the same time?
21 2016-03-05 12:02:53 <jeremias> sounds like kinky stuff
22 2016-03-05 12:06:35 <SillyMusings> jeremias, I am not. Right now I am struggling with Antpool
23 2016-03-05 12:06:42 <SillyMusings> who does not mine OP_RETURN transactions.
24 2016-03-05 12:09:34 <SillyMusings> Correction: I was wrong. They do.
25 2016-03-05 12:17:36 <SillyMusings> https://tradeblock.com/bitcoin/ 20tx/s.
26 2016-03-05 14:24:00 <aschildbach> I wonder is there a description of how to calculate fees when sending? https://en.bitcoin.it/wiki/Transaction_fees#Sending seems to be outdated. It's ok if that description for now doesn't cover how to estimate the fee rate.
27 2016-03-05 14:39:53 <jeremias> aschildbach: how would the calculation never be correct
28 2016-03-05 14:40:11 <jeremias> -> everyone uses the same algorithm -> not going to work
29 2016-03-05 14:40:30 <aschildbach> Did I claim that?
30 2016-03-05 14:40:33 <jeremias> it is same as everyone trading on markets with the same bot with same bot, obviously would be only terrible
31 2016-03-05 14:40:43 <jeremias> I dunno
32 2016-03-05 14:41:13 <aschildbach> The "fee market" doesn't work anyway, as it is a monopoly.
33 2016-03-05 14:41:20 <aschildbach> What I need is the rules from the monopolist.
34 2016-03-05 14:41:33 <jeremias> monopoly how?
35 2016-03-05 14:42:13 <aschildbach> I'm here for the rules.
36 2016-03-05 14:42:30 <jeremias> hmm I guess the best way would to check from the source
37 2016-03-05 14:42:57 <aschildbach> I tried, but I fail at reading C.
38 2016-03-05 14:43:15 <jeremias> <hmm I can try at some point
39 2016-03-05 14:43:32 <aschildbach> Or at least I didn't find the location of the fee calculation for the wallet.
40 2016-03-05 14:53:34 <jeremias> the situation is kind of sad
41 2016-03-05 14:55:26 <jeremias> aschildbach: as I understand from https://github.com/bitcoin/bitcoin/blob/master/src/wallet/wallet.cpp, the fee is kind of random
42 2016-03-05 14:55:47 <jeremias> but it is more than the GetMinimumFee
43 2016-03-05 14:56:18 <jeremias> I would examine CreateTransaction and go from there
44 2016-03-05 14:58:26 <aschildbach> Ok thanks for the pointer, I'll try.
45 2016-03-05 14:58:31 <aschildbach> The fee can't be random (-:
46 2016-03-05 14:59:48 <jeremias> I meant kind of random
47 2016-03-05 14:59:52 <jeremias> of course not really random
48 2016-03-05 15:00:05 <jeremias> but it iterates some loopå until there is enough fee
49 2016-03-05 15:11:39 <aschildbach> Ah you mean iterative...
50 2016-03-05 15:12:21 <aschildbach> Weird, the code still contains a conditional for free transactions (priority rule). I thought there are no free transactions any more.
51 2016-03-05 15:13:40 <warren> aschildbach: miners always had the option to turn that off
52 2016-03-05 15:14:16 <aschildbach> warren: Sure. I'm talking about the sending code not the relay or mining code btw.
53 2016-03-05 15:15:14 <warren> aschildbach: I believe that's now considered deprecated with potential removal later, the default for that is now zero.
54 2016-03-05 15:15:24 <warren> meaning it is already disabled by default
55 2016-03-05 15:15:52 <aschildbach> jeremias: Looks like the while loop is only run twice. Once with zero fee and then with the fee that was missing.
56 2016-03-05 15:16:19 <aschildbach> warren: I know I know. I'm talking about the SENDING code.
57 2016-03-05 15:18:06 <sape> Hi, what's the future of bitcoin block size?
58 2016-03-05 15:38:19 <sape> What Happened At The Satoshi Roundtable https://medium.com/@barmstrong/what-happened-at-the-satoshi-roundtable-6c11a10d8cdf
59 2016-03-05 15:44:30 <kanzure> https://cr.yp.to/djbdns/ipv6mess.html
60 2016-03-05 15:56:56 <sape> HEY, I am a random Bitcoin user: DEVs stop arguing and reach CONSENSUS
61 2016-03-05 15:56:57 <sape> HEY, I am a random Bitcoin user: DEVs stop arguing and reach CONSENSUS
62 2016-03-05 15:57:56 <sape> Just propose some options (1-Stay with 1MB, 2-Go with 2MB, 3-Other Solution), and VOTE
63 2016-03-05 15:59:34 <instagibbs> I propose a banning
64 2016-03-05 16:00:54 <sape> ok
65 2016-03-05 16:19:09 <morcos> aschildbach: happy to chat with you a bit more about how Bitcoin Core does fees... not online much this weekend, but feel free to ping me tues or any time next week (at MIT mon)
66 2016-03-05 17:14:45 <aschildbach> morcos: thanks
67 2016-03-05 17:49:42 <NicolasDorier> Toy for devs : https://blockchainprogramming.azurewebsites.net/checkscript
68 2016-03-05 18:53:58 <kanzure> http://diyhpl.us/wiki/transcripts/mit-bitcoin-expo-2016/rootstock/