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Topic: 10 Billion bitcoin uncofirmed transaction on blockchain.info. EDIT: It's gone. (Read 4661 times)

member
Activity: 100
Merit: 10
That is an invalid transaction.  All the miners ignore it.  You can make bogus transactions an broadcast them.  Bloockchain.info will show them at first and then stop showing them.  They will never be included in a block because it has a negative fee.

Here is one I saw a while ago created by gmaxwell:

https://bitcointalksearch.org/topic/m.1168214



I see, someone try to act smart and use a modded client to do a transaction with negative fees, but they can't outsmart the bitcoin developers that obviously make the transaction invalid.
All is safe, no panic required.
sr. member
Activity: 451
Merit: 250
That is an invalid transaction.  All the miners ignore it.  You can make bogus transactions an broadcast them.  Bloockchain.info will show them at first and then stop showing them.  They will never be included in a block because it has a negative fee.

Here is one I saw a while ago created by gmaxwell:

https://bitcointalksearch.org/topic/m.1168214

legendary
Activity: 3878
Merit: 1193
Any miner including such transactions in their own blocks would be starting their own fork. No one else will accept their blocks.
legendary
Activity: 2674
Merit: 2965
Terminated.
if this 10 Billion BTC transaction was paired with a 51% attack  by the same people
could this invalid transaction be made valid and screw up the blockchain ledgers?

No, with a 51% attack you can only double spend bitcoins you have legitimately.
Correct. You can't produce insane amounts of coins.
full member
Activity: 187
Merit: 100
if this 10 Billion BTC transaction was paired with a 51% attack  by the same people
could this invalid transaction be made valid and screw up the blockchain ledgers?

No, with a 51% attack you can only double spend bitcoins you have legitimately.
sr. member
Activity: 252
Merit: 250
if this 10 Billion BTC transaction was paired with a 51% attack  by the same people
could this invalid transaction be made valid and screw up the blockchain ledgers?
hero member
Activity: 742
Merit: 500
Other then a bug on blockchain.info i not yet seen a real explanation for this, if it is not a bug on blockchain.info then bitcoin nodes must have relayed this malicious transaction onto the network, why it was relayed on the network by the nodes but not included in a block beats me.

Maybe it was fed directly to blockchain.info and to no other nodes. Maybe blockchain.info just displayed it momentarily and did not actually relay it either.

I would also assume that inclusion in a block has a lot more checks than a relay: no one likes to mine orphan blocks or end on the wrong side of a fork.

member
Activity: 112
Merit: 10
Other then a bug on blockchain.info i not yet seen a real explanation for this, if it is not a bug on blockchain.info then bitcoin nodes must have relayed this malicious transaction onto the network, why it was relayed on the network by the nodes but not included in a block beats me.

Maybe the node that sent this transaction was one hop away from the blockchain.info node and their custom node does not follow bitcoin protocol and displayed and relayed this fraudulent transaction when it was supose to ban the node that sent this transaction to it ?

Jan
legendary
Activity: 1043
Merit: 1002
If they weren't trying impossibly large transactions, would they be able to succeed?

If you don't have the funds is also invalid and invalid transaction. You can only do it with a 51% attack.
Not even 100% would suffice. No (real) nodes would accept blocks with invalid transactions.
hero member
Activity: 742
Merit: 500

Helicopter Ben, Super Mario Draghi or another baby squid trying to "fight unemployment" with trickle down billions and discovering the Bitcoin protocol is a bit different than the USD or EUR.   Tongue

legendary
Activity: 1190
Merit: 1001
If they weren't trying impossibly large transactions, would they be able to succeed?

If you don't have the funds is also an invalid transaction. You can only do it with a 51% attack.
sr. member
Activity: 287
Merit: 250
If they weren't trying impossibly large transactions, would they be able to succeed?
full member
Activity: 214
Merit: 100
 Ten Birrion BitCoins Oh my a god! Nice level dude.
newbie
Activity: 45
Merit: 0
the transaction is real, but nothing to worry about.

it is only Mark Karpeles cashing out.

legendary
Activity: 1190
Merit: 1001
Should be fixed now.

Thanks for your fast answer Smiley
Here you go (edit: the original one OP referenced):


Thanks!
hero member
Activity: 910
Merit: 1005
newbie
Activity: 1
Merit: 0
Here you go (edit: the original one OP referenced):
https://i.imgur.com/lvJBeHg.jpg
legendary
Activity: 1190
Merit: 1001
They're doing it again. They probably want to spread panic and try to drop the price.
Or maybe just a blockchain.info bug, I don't know.
Just don't get scary, this transactions are invalid and WON'T CONFIRM.

Look.



full member
Activity: 224
Merit: 100
Professional anarchist
Could you not create an invalid raw transaction which attempted to send 10 billion coins? The network would throw it out.
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