this post was submitted on 07 Mar 2024
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Monero

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As we all know, the tx pool is very full - being flooded with thousands of transactions, peaking at over 100,000 tx in the mempool.

However, not only are transactions slow at this bottleneck, but it looks like wallets are unable to sync well.

I found this when trying out a micro transaction on MyMonero wallet, receiving error 504 - historically this error has occurred when too many users were querying the MyMonero scanning service.

As pic related shows, this is happening to GUI wallet, as well as Cake Wallet, so the biggest 3 wallets are affected - is this a side-effect of mempool congestion or - assuming this is an attack not just a significant uptick in XMR fans - is there a concerted attack to block all major wallets from syncing with the XMR blockchain?

Side Questions:

Does anyone running a full node have an insight, how is your node getting on and are you able to keep up?

How could a flooded mempool affect wallet sync, is there a direct causation?

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[–] [email protected] 3 points 8 months ago* (last edited 8 months ago)

While still usable for me I can definitely feel the weight of these extra transactions. At this point I would say Monero if not ready for something like 1 million tx per day.

I would think the dynamic block size mechanism would have kicked in by now since there appears to be backlog forming.