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Topic: I bought a pizza for ten thousand Satoshi. [Want a tiny scrap of dust?] (Read 1011 times)

legendary
Activity: 1302
Merit: 1008
Core dev leaves me neg feedback #abuse #political
This really is hilarious.  Whoever did it has a sense of humor.

I can tell because they sent one satoshi back to me as change at the address I have in my signature.




Can I have it? Cheesy
legendary
Activity: 1456
Merit: 1081
I may write code in exchange for bitcoins.

Help me understand this, Sho, what is blockmonster trying to tell me here?  How can I interpret that really long number he produced?


That is a signature proving that he has the private key to the output created by that transaction. 

In other words, he got my 9776 Satoshi (among a bunch of other stuff), and he's proving cryptographic proof that he can spend the output.


Got it!  And I verified the message as well.  He got your 9776 Satoshis (and you got a pizza from your friend).

I recognized that the signature was in base 64 (those = signs, etc) not in bitcoin base 58, and transactions ids are usually written in hex, I don't know I didn't realize he was signing a message.

Cheers!
legendary
Activity: 924
Merit: 1132

Help me understand this, Sho, what is blockmonster trying to tell me here?  How can I interpret that really long number he produced?


That is a signature proving that he has the private key to the output created by that transaction. 

In other words, he got my 9776 Satoshi (among a bunch of other stuff), and he's proving cryptographic proof that he can spend the output.

legendary
Activity: 1456
Merit: 1081
I may write code in exchange for bitcoins.
om nom nom nom Smiley

Hx+9K+9zTctIdRzXecfZpqEvutgOW/TlBLAF3rSX26V2Jo14bqlqr9TCbHtohDq4wEBv3mQAUPgSWOZA4eWtviQ=

Cleaning up old faucet inputs?

Help me understand this, Sho, what is blockmonster trying to tell me here?  How can I interpret that really long number he produced?
copper member
Activity: 1498
Merit: 1528
No I dont escrow anymore.
om nom nom nom Smiley

Hx+9K+9zTctIdRzXecfZpqEvutgOW/TlBLAF3rSX26V2Jo14bqlqr9TCbHtohDq4wEBv3mQAUPgSWOZA4eWtviQ=

Cleaning up old faucet inputs?

legendary
Activity: 924
Merit: 1132
That's odd.  My bitcoin-qt wallet is claiming I have one satoshi.  I didn't have a transaction ID yet, so I thought it was real. 
copper member
Activity: 1498
Merit: 1528
No I dont escrow anymore.
Don't see the 1 satoshi you mentioned. Looks like the entire input was taken.

Me neither, here[1] is the TX if anyone is curious. Looks like someone is cleaning up spam with high priority inputs.


[1] https://www.blocktrail.com/BTC/tx/2a22fe1419985a3954c2d2a07e616dfb837d89d253ebc4acab8d2c960e73ddff
sr. member
Activity: 382
Merit: 250
Don't see the 1 satoshi you mentioned. Looks like the entire input was taken.
legendary
Activity: 924
Merit: 1132
And it got into the block chain immediately!  WooHoo!

It now has 3 confirmations.   
legendary
Activity: 1456
Merit: 1081
I may write code in exchange for bitcoins.
This really is hilarious.  Whoever did it has a sense of humor.

I can tell because they sent one satoshi back to me as change at the address I have in my signature.

That's awesome.  It's kinda too bad that they didn't send the 1 satoshi change back to the same known private key, then we could see if anyone want to pick up 1 free satoshi. Smiley

Quote

That's hillarious.  How much did you win on the bet (I hope more than 9776 satoshis Smiley)?

Oh yeah.  Much more than 9776 satoshis.

It has come full circle.  Laszlo bought a pizza for ten thousand bitcoin;  I just bought a pizza for a bit under ten thousand satoshi.

Of course, it's worth more on the fair market....

Nice connection, although that's not a circle unless Lazlo buys another pizza for 10KBTC.  I'd say it's a belleweather of higher btc prices and many pizzas for the hodlers.
legendary
Activity: 924
Merit: 1132
Quote

That's hillarious.  How much did you win on the bet (I hope more than 9776 satoshis Smiley)?

Oh yeah.  Much more than 9776 satoshis.

It has come full circle.  Laszlo bought a pizza for ten thousand bitcoin;  I just bought a pizza for a bit under ten thousand satoshi.

Of course, it's worth more on the fair market....

legendary
Activity: 924
Merit: 1132
This really is hilarious.  Whoever did it has a sense of humor.

I can tell because they sent one satoshi back to me as change at the address I have in my signature.


sr. member
Activity: 382
Merit: 250
Interesting to learn that blockchain.info now refuses to show low/no-fee transactions until only after they confirm.
legendary
Activity: 1456
Merit: 1081
I may write code in exchange for bitcoins.
And there it goes.  55 minutes.

I won a bet (under an hour) but I really didn't expect it to be so close. 

That's hillarious.  How much did you win on the bet (I hope more than 9776 satoshis Smiley)?

I'd love to see the distribution of times to claim free bitcoin dust amounts.  Unfortunately, I can't afford to run the experiment.
legendary
Activity: 924
Merit: 1132
And there it goes.  55 minutes.

I won a bet (under an hour) but I really didn't expect it to be so close. 
legendary
Activity: 924
Merit: 1132
Right.  The transaction has to be tiny (few inputs - any amount of BTC) to stay under the 1-kilobyte threshold so it doesn't cost extra fees.  If you're making a transaction that already uses four inputs or more, then it'll be over that kilobyte and the extra input will cost according to its size. 

legendary
Activity: 3010
Merit: 8114
Interesting... for the moment, I'd still be losing net bitcoin, however.
legendary
Activity: 924
Merit: 1132
If spent by itself, it won't be profitable.  You can't get it, profitably, by sending it to your own wallet.  Besides, most nodes won't relay a transaction that transfers a single scrap of dust.

What you have to do to make it profitable is include it in a transaction that you're sending to someone else - where you'd be paying the transaction fee anyway, and the extra input makes no extra fee.
legendary
Activity: 3010
Merit: 8114
I tried it but I can't make it profitable. I'm sure somebody else will take it shortly, though.
legendary
Activity: 924
Merit: 1132
edited after the fact: I changed the title from 'want a tiny scrap of dust?'  to the above.

I have a tiny scrap of dust that someone can have.

It is 9776 Satoshi.  It belongs to the first person who includes it as an input in a transaction.  

Its private key is KwTYixPQ6AdhdYzmQfNouZtGoFsXNkFn313N4DQgYg3yqtd3hDDb .

I want to see how long it takes to disappear after posting this.

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