Author

Topic: Strange transactions? (Read 2402 times)

legendary
Activity: 1708
Merit: 1010
April 26, 2011, 10:35:54 PM
#12
Did you guys ever consider that it's just some guy trying to break up his coins into change?
sr. member
Activity: 416
Merit: 277
April 26, 2011, 06:48:15 PM
#11
The to address 13sUHUW8G23BLQEKFwVMf5cKUkiSuFK8XC seems to be occurring at a rate of about 2 per minute. This increases the size of the block chain at a rate of at least 256MB per year.

One partial solution which would have few adverse repercussions on legitimate transactions would be for clients only to relay transactions which refer to previous transactions which have been incorporated in a block.

ByteCoin 
sr. member
Activity: 476
Merit: 250
April 26, 2011, 06:35:23 PM
#10

So what does it mean when a transaction blip on the bitcoin monitor is explained by two smaller amounts in brackets? I thought it'd be quite obvious it indicated the transaction fee, but I'm obviously missing something...  Huh
There was/is no fee in those transactions. Several values in brackets means that it was sent to several different addresses (usually to desired destination and to a new address of the sender).
hero member
Activity: 527
Merit: 500
April 26, 2011, 06:35:13 PM
#9
He's flooding with 0.03 BTC, the other value is his 'change' (0.03 is constant, the other value is decreasing).
newbie
Activity: 24
Merit: 0
April 26, 2011, 06:24:52 PM
#8

So what does it mean when a transaction blip on the bitcoin monitor is explained by two smaller amounts in brackets? I thought it'd be quite obvious it indicated the transaction fee, but I'm obviously missing something...  Huh
full member
Activity: 238
Merit: 100
April 26, 2011, 06:17:35 PM
#7
sr. member
Activity: 476
Merit: 250
April 26, 2011, 06:16:41 PM
#6
It does, in high volume situations.
I thought this wasn't yet implemented, but I may have been mistaken.
sr. member
Activity: 406
Merit: 256
April 26, 2011, 06:11:06 PM
#5
They've all got a transaction fee attached to them, so I'm guessing somebody is trying to flood the network with transactions that will be prioritised to slow it down for the rest of us...

EDIT: He's losing 0.03 for every transaction, and the last transaction was at about 40 BTC, so only 1333 transactions to go.

transaction fee does not have any affect on processing speed (yet).

It does, in high volume situations. This person seems to be trying to DOS the network with whatever BTC he has by generating a large amount of 'spam' transactions. Once the blocks fill with high value transactions from him, there would be no more room for free transactions.
There is no transaction fee attached to these spamming transactions. If it had been, the whole chain of transactions would have been cleared in one thick and tasty block and a miner would have gotten a large fee. It's a regular spam that is very low priority and should not slow down anything important.


Yes there is, .03 btc per tx
full member
Activity: 238
Merit: 100
April 26, 2011, 06:09:39 PM
#4
There is no transaction fee attached to these spamming transactions. If it had been, the whole chain of transactions would have been cleared in one thick and tasty block and a miner would have gotten a large fee. It's a regular spam that is very low priority and should not slow down anything important.
sr. member
Activity: 476
Merit: 250
April 26, 2011, 06:08:09 PM
#3
They've all got a transaction fee attached to them, so I'm guessing somebody is trying to flood the network with transactions that will be prioritised to slow it down for the rest of us...

EDIT: He's losing 0.03 for every transaction, and the last transaction was at about 40 BTC, so only 1333 transactions to go.

transaction fee does not have any affect on processing speed (yet).
newbie
Activity: 24
Merit: 0
April 26, 2011, 06:01:39 PM
#2
They've all got a transaction fee attached to them, so I'm guessing somebody is trying to flood the network with transactions that will be prioritised to slow it down for the rest of us...

EDIT: He's losing 0.03 for every transaction, and the last transaction was at about 40 BTC, so only 1333 transactions to go.
full member
Activity: 144
Merit: 101
April 26, 2011, 05:57:58 PM
#1
I'm viewing the Bitcoin Monitor (http://bitcoinmonitor.com/) and as of now there is a huge horizontal line representing numerous transactions around 42 BTC. What's going on?
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