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BitShares PTS / Re: Confirmation time, is this normal?
« on: November 18, 2013, 06:17:49 pm »The slow confirmation times appear to be the result of one or more miners having adopted a policy of refusing to include more than one transaction per block. See here:
http://btsblock.com/chain/ProtoShares
Ypool (the largest pool) appears to be one the bad actors. If you compare block numbers from their stats page to the blockchain explorer, it looks like all of ypool's blocks are only including 1 transaction at most.
Thus, everyone trying to send PTS through the network is having to wait until someone else (such as the beeeeer pool) find a block, at which point a bunch of transactions finally get included in a block.
Wow that really sucks, it makes complete sense now. Funny thing is, maybe if that wasnt happening i wouldnt have gotten hacked. I was freaking out about why my coins werent sending for 4 hours. In those 4 hours i could have probably done other useful things like encrypt my wallet instead of worrying about why the coins cant be used.. thanks for the explanation.