BitShares Forum

Main => General Discussion => Topic started by: Riverhead on September 10, 2014, 07:53:57 pm

Title: I Like Big Blocks...
Post by: Riverhead on September 10, 2014, 07:53:57 pm

and I can not lie. You other traders can't deny.
When a 10s block shows up with round transaction in your face
You get rich.

Ya, won't quit my day job :P. Still, this is the biggest block I've seen go by.

(http://i.imgur.com/yarOzPA.png)
Title: Re: I Like Big Blocks...
Post by: tonyk on September 10, 2014, 08:04:15 pm
Speaking of big blocks... what is the default min transaction fee in the delegates software...
Title: Re: I Like Big Blocks...
Post by: xeroc on September 10, 2014, 08:04:32 pm
maybe someone can setup a page with hightscores ... largest tx .. bigest blocks .. most tx per seconds ...
Title: Re: I Like Big Blocks...
Post by: xeroc on September 10, 2014, 08:05:19 pm
Speaking of big blocks... what is the default min transaction fee in the delegates software...
the minimum tx fee of the blockchain is 0.1BTX
blockchain_get_info
"relay_fee": "0.10000 BTSX",

although not 100% sure that it is what I think it is!
Title: Re: I Like Big Blocks...
Post by: testz on September 10, 2014, 08:06:14 pm
Speaking of big blocks... what is the default min transaction fee in the delegates software...

AFAIK It's not depends from delegates software because all use same software, currently min network transaction fee is 0.1 BTSX.
Title: Re: I Like Big Blocks...
Post by: testz on September 10, 2014, 08:06:58 pm
maybe someone can setup a page with hightscores ... largest tx .. bigest blocks .. most tx per seconds ...

Here http://bitsharesblocks.com/ will be best place to look  :)
Title: Re: I Like Big Blocks...
Post by: tonyk on September 10, 2014, 08:35:15 pm
Speaking of big blocks... what is the default min transaction fee in the delegates software...
the minimum tx fee of the blockchain is 0.1BTX
blockchain_get_info
"relay_fee": "0.10000 BTSX",

although not 100% sure that it is what I think it is!

Thanks, Xeroc! So you can not change that (in other way, than changing the code and building it with the changed code).

Speaking of big blocks... what is the default min transaction fee in the delegates software...

AFAIK It's not depends from delegates software because all use same software, currently min network transaction fee is 0.1 BTSX.

Yes you all use the same software but sometimes software products allow you to change settings.
I hope my stupidity, of not knowing how delegate software works is excused....
Title: Re: I Like Big Blocks...
Post by: amencon on September 10, 2014, 08:39:45 pm
maybe someone can setup a page with hightscores ... largest tx .. bigest blocks .. most tx per seconds ...
Well now that you've whispered it I'm pretty sure it'll be coded and implemented on bitsharesblocks.com within the hour...
Title: Re: I Like Big Blocks...
Post by: svk on September 10, 2014, 08:51:13 pm


maybe someone can setup a page with hightscores ... largest tx .. bigest blocks .. most tx per seconds ...

Here http://bitsharesblocks.com/ will be best place to look  :)

I had been thinking of adding something like that :)
Title: Re: I Like Big Blocks...
Post by: testz on September 10, 2014, 08:53:41 pm

Yes you all use the same software but sometimes software products allow you to change settings.
I hope my stupidity, of not knowing how delegate software works is excused....

0.1 BTSX it's a min transaction fee (which you can set in the settings - default for latest versions is 0.5 BTSX), even you change it in the code and make it lower than 0.1 BTSX, for example 0.01 BTSX, then network (all other nodes) will not accept your transaction.
Title: Re: I Like Big Blocks...
Post by: testz on September 10, 2014, 08:54:05 pm


maybe someone can setup a page with hightscores ... largest tx .. bigest blocks .. most tx per seconds ...

Here http://bitsharesblocks.com/ will be best place to look  :)

I had been thinking of adding something like that :)

Thanks!  :)  +5%
Title: Re: I Like Big Blocks...
Post by: GaltReport on September 10, 2014, 08:56:40 pm

Yes you all use the same software but sometimes software products allow you to change settings.
I hope my stupidity, of not knowing how delegate software works is excused....

0.1 BTSX it's a min transaction fee (which you can set in the settings - default for latest versions is 0.5 BTSX), even you change it in the code and make it lower than 0.1 BTSX, for example 0.01 BTSX, then network (all other nodes) will not accept your transaction.

Does your delegate wallet setting for this affect your pay?  I would think not right?
Title: Re: I Like Big Blocks...
Post by: tonyk on September 10, 2014, 08:58:48 pm

Yes you all use the same software but sometimes software products allow you to change settings.
I hope my stupidity, of not knowing how delegate software works is excused....

0.1 BTSX it's a min transaction fee (which you can set in the settings - default for latest versions is 0.5 BTSX), even you change it in the code and make it lower then network (all other nodes) will not accept your transaction.

I am running at 0.1BTSX as it is. My question was  about the delegates, as in if some delegates expect 0.5BTSX fee and because of that they skip my orders/transactions. As of now it seems that my transaction are pending for 15 to 30 seconds, so I wanted to know if this might be the cause.....
Title: Re: I Like Big Blocks...
Post by: tonyk on September 10, 2014, 09:01:45 pm

Yes you all use the same software but sometimes software products allow you to change settings.
I hope my stupidity, of not knowing how delegate software works is excused....

0.1 BTSX it's a min transaction fee (which you can set in the settings - default for latest versions is 0.5 BTSX), even you change it in the code and make it lower than 0.1 BTSX, for example 0.01 BTSX, then network (all other nodes) will not accept your transaction.

Does your delegate wallet setting for this affect your pay?  I would think not right?
No, it is the total collected fees that counts. So even if only one delegate is accepting 0.1BTSX the transaction will be included... possibly after 1000 sec. but still included.
Title: Re: I Like Big Blocks...
Post by: testz on September 10, 2014, 09:04:47 pm

Yes you all use the same software but sometimes software products allow you to change settings.
I hope my stupidity, of not knowing how delegate software works is excused....

0.1 BTSX it's a min transaction fee (which you can set in the settings - default for latest versions is 0.5 BTSX), even you change it in the code and make it lower than 0.1 BTSX, for example 0.01 BTSX, then network (all other nodes) will not accept your transaction.

Does your delegate wallet setting for this affect your pay?  I would think not right?

No, each delegates get same amount of BTSX per block as all others, this amount depends from how many fee was paid to the network, but not depends from how many fee was on the produced block. Currently it's 1.72597 BTSX per block, you can see this value at Delegates menu as Max Pay Per Block.
Title: Re: I Like Big Blocks...
Post by: Riverhead on September 10, 2014, 09:41:33 pm
No, each delegates get same amount of BTSX per block as all others, this amount depends from how many fee was paid to the network, but not depends from how many fee was on the produced block. Currently it's 1.72597 BTSX per block, you can see this value at Delegates menu as Max Pay Per Block.


This is pretty cool and I did not know it to be the case. I thought we just got the fees in that block, a 0 trans block was just a freebie. Thanks for clearing that up.
Title: Re: I Like Big Blocks...
Post by: xeroc on September 11, 2014, 08:25:24 am
if a delegate decided to require a higher fee for transactions to be included that only results in the tx to be included by another delgate at a later time .. so basically at a 10 seconds extra delay.
worst case 100*10sec delays if the 'cheapest' delegate is to include your transaction with your tx fee.

Further, the delegate pay is a average over all income. So if you decide to double your required fee for the delegate you effectively increase the income of all delegates by 2/101 .. the drawback is possibly a loss in confidence for your delegate :)
Title: Re: I Like Big Blocks...
Post by: Riverhead on October 28, 2014, 10:40:30 pm
This is nice to see. I have an idea of what it is but still nice to see none the less.

http://www.bitsharesblocks.com/blocks/block?id=864654