Published on August 18th, 2015 | by bitcoin0
CoinWallet: Bitcoin September stress test will create 30-day backlog
UK-based mining service CoinWallet is gearing up to conduct a stress test of the Bitcoin network in early September, which it said will likely render most standard wallet software “worthless” and create “nearly a 30-day backlog”.
A CoinWallet representative told IBTimes in an email exchange: “I don’t have a set date, but it will be early September.
CoinWallet’s last test of the system involved taking a bunch of Bitcoin and then dividing it among thousands of Bitcoin addresses, all in tiny amounts of 0.00001.
“As part of this test, I will be reconsolidating more than 150 Bitcoin that currently sits in these wallets.”
The previous CoinWallet test only achieved about 15% of its output because its servers crashed.