Cas Capitulation | Bitcointalksearch.org

rusbitcoinuser

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Merit: 170

In memory of Zepher

Quote from: yogg on November 22, 2018, 04:13:08 AM

Quote from: rusbitcoinuser on November 21, 2018, 08:33:31 PM

Yep. The tool runs daily (as it has to parse through ~21K addresses and check if the UTXOs are spent).

The redeem time is the block time.

The redeem time is the timestamp of the transaction. It's the time the tx was broadcasted to the network.
The block time is the "confirmation" time. It's something else.

Correct. I meant the 'redeem time' on the website is set to the 'block time' the tx was confirmed.

There would be no way for us to reference tx broadcast times for historical redeemed coins without trusting the records of a block explorer such as blockchain.info as transactions don't carry this info. Also, the tx time you see on block explorers is actually the time their respective nodes received the tx.

This is why I decided to go with block confirmed time as the redeemed time; it's completely fixed into the blockchain and immutable.

Technically speaking, the 'true' redeem time is when a coin is physically peeled :p

OgNasty

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Leading Crypto Sports Betting & Casino Platform

Their similar fee amount per byte is another reason for their inclusion in the same block, as they were quite low and the mempool has been a bit backed up lately.

yogg

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Quote from: Lauda on November 22, 2018, 01:46:33 AM

Quote from: nathansenn on November 22, 2018, 01:26:13 AM

Hmm it is strange that it was all in the same block.

No. There's nothing strange here. If you use a tool which allows you to sweep private keys quickly, this is exactly what would happen.

This is right. And probably what happened given the different timestamp on transactions.

Quote from: rusbitcoinuser on November 21, 2018, 08:33:31 PM

Yep. The tool runs daily (as it has to parse through ~21K addresses and check if the UTXOs are spent).

The redeem time is the block time.

The redeem time is the timestamp of the transaction. It's the time the tx was broadcasted to the network.
The block time is the "confirmation" time. It's something else.

Lauda

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Terminated.

Quote from: nathansenn on November 22, 2018, 01:26:13 AM

Hmm it is strange that it was all in the same block.

No. There's nothing strange here. If you use a tool which allows you to sweep private keys quickly, this is exactly what would happen.

nathansenn

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Quote from: yogg on November 21, 2018, 10:49:56 AM

Quote from: Kryptowerk on November 21, 2018, 07:22:22 AM

Quote from: Bitcoinwaist on November 21, 2018, 06:16:06 AM

Someone just peeled a boatload of Casascius coins

https://casascius.ludvigart.com/?sort=10&desc=1

It's a bit strange it happend all at the same exact second.

I don't think this is what happened.
For devs, It's common practice to scan addresses every once in a while, so the redeem time is the time when the change in balance has been detected by the tracker.
If it was running every minute, you would certainly witness different redeem times on the tracker but this is difficult to achieve given the volume of addresses to check.

EDIT :

Transaction timestamps are different

Crazy what panicking makes people do.

Hmm it is strange that it was all in the same block.

rusbitcoinuser

full member

Activity: 166

Merit: 170

In memory of Zepher

Quote from: yogg on November 21, 2018, 10:49:56 AM

Quote from: Kryptowerk on November 21, 2018, 07:22:22 AM

Quote from: Bitcoinwaist on November 21, 2018, 06:16:06 AM

Someone just peeled a boatload of Casascius coins

https://casascius.ludvigart.com/?sort=10&desc=1

It's a bit strange it happend all at the same exact second.

I don't think this is what happened.
For devs, It's common practice to scan addresses every once in a while, so the redeem time is the time when the change in balance has been detected by the tracker.
If it was running every minute, you would certainly witness different redeem times on the tracker but this is difficult to achieve given the volume of addresses to check.

EDIT :

Transaction timestamps are different

Crazy what panicking makes people do.

Yep. The tool runs daily (as it has to parse through ~21K addresses and check if the UTXOs are spent).

The redeem time is the block time.

jackg

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https://bit.ly/387FXHi lightning theory

Quote from: yogg on November 21, 2018, 10:49:56 AM

Quote from: Kryptowerk on November 21, 2018, 07:22:22 AM

Quote from: Bitcoinwaist on November 21, 2018, 06:16:06 AM

Someone just peeled a boatload of Casascius coins

https://casascius.ludvigart.com/?sort=10&desc=1

It's a bit strange it happend all at the same exact second.

I don't think this is what happened.
For devs, It's common practice to scan addresses every once in a while, so the redeem time is the time when the change in balance has been detected by the tracker.
If it was running every minute, you would certainly witness different redeem times on the tracker but this is difficult to achieve given the volume of addresses to check.

EDIT :

Transaction timestamps are different

Crazy what panicking makes people do.

Who in bitcoin foes one input to one output transactions anymore?

If it’s all the same person then.... (my coins still loaded).

FFrankie

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100% Deposit Match UP TO €5000!

Quote from: Lesbian Cow on November 21, 2018, 04:44:10 PM

Quote from: dazedfool on November 21, 2018, 02:55:52 PM

Junkies... Two of those were 10's

That triggers me. A 25 I understand but a 10 is foolish.

Maybe they don't know the market

Lesbian Cow

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Quote from: dazedfool on November 21, 2018, 02:55:52 PM

Junkies... Two of those were 10's

That triggers me. A 25 I understand but a 10 is foolish.

OgNasty

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Leading Crypto Sports Betting & Casino Platform

These panic peelers are determined to make my precious collection priceless. Grin

A-10

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I honestly wish I knew who these people were. #1. To convince them not to do it and sell them to me. And #2 to slap the shit out of them if they redeem them anyway.

Such a waste.

dazedfool

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derp

Junkies... Two of those were 10's

TECSHARE

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First Exclusion Ever

If they manually added the keys to a wallet, they probably spent them to a new wallet, which would compile them all into a single transaction.

yogg

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Merit: 3158

Quote from: Kryptowerk on November 21, 2018, 07:22:22 AM

Quote from: Bitcoinwaist on November 21, 2018, 06:16:06 AM

Someone just peeled a boatload of Casascius coins

https://casascius.ludvigart.com/?sort=10&desc=1

It's a bit strange it happend all at the same exact second.

I don't think this is what happened.
For devs, It's common practice to scan addresses every once in a while, so the redeem time is the time when the change in balance has been detected by the tracker.
If it was running every minute, you would certainly witness different redeem times on the tracker but this is difficult to achieve given the volume of addresses to check.

EDIT :

Transaction timestamps are different

Crazy what panicking makes people do.

Kryptowerk

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