Topic: CoinWallet.eu Stress Test Cancelled + Bitcoin Giveaway - page 12. (Read 98921 times)

get out of that silly spam game. This is their plan to spam the bitcoin network. To give away hundreds of private address and to stress test the network from people that going to claim that bitcoin. They are scammers!!

Has anyone tried dust-b-gone on these addresses?

Thanks for the tl;dr mate. Appears this is just another publicity stunt.

Having been on these forums during the instawallet and inputs.io fiascos I am already pretty convinced that web wallets are 99% bunk anyway, and usually the providers don't have the userbase's best interests at heart.

Those addresses are filled with 0.00001 BTC transactions. Only bitcoin core can handle loading the private keys, trying to get coins out needs to use coin control. Even with that, the size of transactions is unbearable so for most addresses it's not worth it to get big chunks of coins out because it would require a huge fee due to the size of the transaction.

Perhaps someone can clue me into the controversy.

After reading all 18 pages (phew), what I have concluded so far is:

1) CoinWallet.eu is attempting to avoid legal ramifications of the 'stress test' by allowing users to claim btc from priv keys with thousands of unspent addresses
2) People are up in arms over this as its possibly limiting the function of the network
3) No proof has been provided that it actually IS limiting the network
4) Proof has been provided by several users that normal transactions are going through fine without delayed confirmations
5) Proof has been provided by several users that the 'spam' coinwallet.eu tx's are getting backlogged and creating a large UTXO (approx 100-160mb at time of writing)
6) This has not effected nodes ....yet

I see others have mentioned bc.i blocking the spam outputs, but....can anyone confirm that the other block explorers are more accurate outside of blocking these spam tx's ? If bc.i is doing a good job of filtering *just* the spam tx's, then their current active count of 9k unconfirmed tx's seems right in line with the normal transactional volume.

I am running a raspberry pi 2 which is currently at 30%cpu 20% mem avg reported by top. This is definitely a higher load than normal, but surprisingly this little buddy is handling it just fine.

I understand actions that could potentially put unbearable load on the network would be seen as negative, but frankly if the network cannot handle one single companies attack vector, then how could we possibly fight off a determined actor who wishes nothing but negative harm to the network? And more importantly, how can we progress forward to harden the network without staging exactly these types of 'attacks' so that we can test against them, determine the health and robustness of the network, and use that data to make cohesive decisions on how to move forward in anticipation of future 'attacks' ?

I still have to go back and read a lot of this thread, but I read about it on Qntra: http://qntra.net/2015/09/coinwallet-turns-stress-test-into-dust-givaway/

Is this actually something legit or just penny shavings as was pointed out in the article? Until now I have had a neutral stance on coinwallet.eu

Ah. Didn't know about that.

But why are there different stats for each site?

How are the stats different in each website?

nice list!

That is because bc.i has been blocking transactions with low tx fees or with lots of outputs.

Meanwhile, here is what you can see on some other block explorers and monitors:
https://www.blocktrail.com/BTC/: 65k unconfirmed transactions, 112 MB mempool
https://tradeblock.com/bitcoin/:  89k unconfirmed transactions, 104 MB mempool
https://bitcoinfees.github.io/: 124 MB mempool size
http://statoshi.info/dashboard/db/transactions/: 137k unconfirmed transactions
http://munin.bitcoin-fr.io/bitcoin-fr.io/n.bitcoin-fr.io/index.html: 134k unconfirmed transactions, 116 MB mempool

Well. the Canadian regulators have pretty strict rulings for money processors....

Have anyone been able to send any coins from blockchain.info to another address from the promotion? I've noticed the current balance and the available balance is totally off. It like the current balance is just for showroom...

On blockchain.info, there doesn't seem to be any problems regarding the number of unconfirmed transactions.

https://blockchain.info/unconfirmed-transactions

Seems pretty normal to me.

Anti terrorism?  Hmmm.  I dont think any one outside bitcoin really gives a shit about this to be honest.

Just because I'm curious: How many are already panicing because their wallet software doesn't work anymore?  

Its nothing like that. I'm afraid the mess was your own doing. Coinwallet merely published the data - the decision to import those keys was entirely your own. It takes a reasonably sound technical knowledge to do so successfully, so you cant plead ignorance.

https://blockchain.info/tx/0da91e9a02301c7e4783d04ceba11f254f17d4fc1c8cd253dc5c499d18da71e7

That transaction took 16 min to confirm.  It was included in the very next block.  Normal transactions are having 0 trouble getting thru.

lol the optimal fee indication in https://www.blocktrail.com/BTC went from 0.0004 to 0.00008557 BTC in a couple of hours

   

 

They do not exist and violate in several jurisdictions the Anti-Money-Laundering (AML)-regulations as well as anti-terrorism-laws. So most probably, it will not be any "police" who will try to nail them down, but financial market authorities.