Published On: Fri, Jan 12th, 2018

New Data Shows Coinbase May Be Spamming the Bitcoin Network

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US exchange and wallet provider Coinbase is facing fresh criticism from both users and Bitcoin industry figures over its delayed SegWit adoption.
‘You Alone Are Spamming The Network’
As the company continues to suffer technical outages due to high demand, its effect on the Bitcoin mempool has become the source of renewed calls for SegWit as a priority.
“You need to batch your outgoing transactions,” Twitter user Civ Ekonom wrote in response to Coinbase’s latest reported system breakdown.
You are ALONE spamming the network. If you would use segwit and batch all outgoing transactions the mempool would be EMPTY.
Citing analysis of the mempool as “clear evidence,” the mempool size appears to drop significantly when Coinbase recently suspended sending Bitcoin. This has added fuel to existing community anger that the exchange has failed to implement SegWit, which would significantly reduce the cost of Bitcoin transactions it handles.

You need to batch your outgoing transactions.You are ALONE spamming the network. If you would use segwit and batch all outgoing transactions the mempool would be EMPTY!!This picture is a clear eveidence of this!This is your core business and you are ruing …

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  1. DARK DARK says:

    New Data Shows Coinbase May Be Spamming the Bitcoin Network https://t.co/hDphfWUuLd

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