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Topic: Have a look. This is not mixing. This is spaming - page 2. (Read 1660 times)

hero member
Activity: 630
Merit: 500
Strange choice of transactions, all paying okay fees, seems like a waste of bitcoin for the individual.
legendary
Activity: 3472
Merit: 4801
28k transfers from left pocket to right pocket and back? Every 5 minutes?  Grin
Is this really bitcoin invented for?  Grin

Creating transactions that transfer control of value from a set of previously unspent outputs to newly created unspent outputs, while rewarding "miners" with transaction fees?

Yes.  This is exactly what bitcoin was created for.

The whole idea behind the creation of bitcoin is that there is no centralized controler of the system who can decide that your personal use doesn't fall within their intended use and then stop you.


member
Activity: 98
Merit: 10
What if they added a txt file as a well to advertise their products I think that would be better than sending useless dust
hero member
Activity: 784
Merit: 502
As far as one paying significant fee to the miners each and every transaction will get confirmed in no time.

If the owner of that address added zero fee or a very low fee (~1 to 10 sat) we can pretty much conclude it as jamming the network.

If his prime intention was to do so then he is losing his coins in fees. Wink
legendary
Activity: 2436
Merit: 1561
I don't see anything wrong with that.
28k transfers from left pocket to right pocket and back? Every 5 minutes?  Grin
Is this really bitcoin invented for?  Grin

In a way, yes. You own it and can do whatever the f*ck you want with it, without having to explain yourself to any authority.
legendary
Activity: 1260
Merit: 1019
Why do you assume this address is being used for 'stress-testing'?  Are you just making a guess?
Are you able to use blockexplorer?  Grin
Take any address from the page and view its history
hero member
Activity: 532
Merit: 500
Offer escrow, receive negative trust

To be correct the number 28k is the total number of transactions in this "stress-test".


Why do you assume this address is being used for 'stress-testing'?  Are you just making a guess?
legendary
Activity: 1862
Merit: 1011
Reverse engineer from time to time
I don't see anything wrong with that.
28k transfers from left pocket to right pocket and back? Every 5 minutes?  Grin
Is this really bitcoin invented for?  Grin
A chinese gambler used to do it, gambler's fallacy etc.
legendary
Activity: 1260
Merit: 1019
I don't see anything wrong with that.
28k transfers from left pocket to right pocket and back? Every 5 minutes?  Grin
Is this really bitcoin invented for?  Grin
legendary
Activity: 3472
Merit: 4801
These are valid transactions that pay a high enough fee to be likely to confirm and do not create any un-spendable outputs.

I don't see anything wrong with that.  As far as I'm concerned, that's what bitcoin is for.
legendary
Activity: 1512
Merit: 1000
So why would anyone do this or even spend the time to do this? I don't get it. Do they plan on mixing in the future or what?
legendary
Activity: 1260
Merit: 1019
Where did you find this address?
In blockchain
I'd hardly call 20-30kB every ~5 minutes spam. They seem to be paying an adequate fee.
1) What is the reason to create a chain of such mixing-like transactions for months?
2) I am not sure that this is the only chain
legendary
Activity: 2674
Merit: 2970
Terminated.
Where did you find this address? I'd hardly call 20-30kB every ~5 minutes spam. They seem to be paying an adequate fee.
sr. member
Activity: 382
Merit: 311
And each transaction is exactly 5 minutes apart
legendary
Activity: 1260
Merit: 1019
Have a look to this address
https://blockchain.info/address/18JrJCiwQTyAY6Jq98ABLMoTNr6LrK65BB
and follow to any other address.

Do you see what I see?

These transactions are not bitcoin mixing. The creator of these transactions just moves funds between several his addresses.
Each address has about ~28k transactions and counting
To be correct the number 28k is the total number of transactions in this "stress-test".

I do not know any reason to fill the blockchain with these kind of flood.


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