The current difficulties that the bitcoin network is experiencing due to the overloading of the blocks may be a result of malicious spam attack, wrote BitFury CIO Alex Petrov in his Twitter.

It’s not that spammers start their attacks when blocks are nearly full, writes Petrov, replying to the president of Bitcoin Foundation Italia. On the contrary, it is “malicious spam for fake block load” that takes place.

The financier doesn’t specify the reason for these spam attacks, but later on, he comments on another user’s tweet where the reason is suggested. It might cost $ 5000 a day to make the blocks look full in order to sway the block size debate, reads the tweet. Twice less, replies Petrov. 

Indeed, the dramatic filling of bitcoin blocks might lead to more decisive steps regarding the block size change.

Bitcoiners are currently suffering delays in transactions. The main reason may be the filling of the blocks: the limit being 1 Mb, a great number of recently mined blocks are almost full. Many of the blocks mined on 29 February exceeded 999 Kb.  

In the past, delays in bitcoin transactions were usually due to hacker attacks. But this is not the case today: the opinion expressed by a Reddit user in a recent post suggests that the delays become “normal”. This view is backed by a prominent developer. Slowdowns will be more frequent and will become “the new normal”, writes Gavin Andresen as quoted by motherboard.vice.com.

All this makes it necessary to adopt a hard fork solution as quickly as possible, thinks Bitcoin Vietnam co-founder Dominik Weil. Businesses are going to suffer hard if the bitcoin blockchain fails to facilitate the growing number of cryptocurrency operations. Bitcoin even might eventually have to yield to an alternative digital currency, claimed Weil in a recent interview to CoinFox. To avoid this, the community should adopt Classic, he said.

Andrew Levich