Author

Topic: What is the owner of 14nsgXjL7xCEXFf8UkGCm9KnSTTFBDKqcn trying to achieve? (Read 1450 times)

hero member
Activity: 588
Merit: 500
This is very interesting. It looks like someone is trying to send a bunch of very small inputs to themselves. If I had to guess it is for some kind of academic research of some sort, I am not sure what is trying to be researched though.

Could it be some statistics of some sort? Maybe even seeing which transactions are actually included in the Blockchain by the respective miners of a new block? They decide which transactions they accept, after all!
I wouldn't be surprised if it had something to do with which mining pools accept very small transactions and their overall profitability (including reported hashrate and income from TX fees).
legendary
Activity: 1260
Merit: 1019
Quote
If you wanted to try something out, you could just do it on testnet.
It is not possible to do some things on testnet.
For example, it is not possible to overflow sombody's memory-pool with such transactions.
Because testnet does mine these transactions but mainnet does not
hero member
Activity: 518
Merit: 500
Trust me!
This is very interesting. It looks like someone is trying to send a bunch of very small inputs to themselves. If I had to guess it is for some kind of academic research of some sort, I am not sure what is trying to be researched though.

Could it be some statistics of some sort? Maybe even seeing which transactions are actually included in the Blockchain by the respective miners of a new block? They decide which transactions they accept, after all!
hero member
Activity: 588
Merit: 500
This is very interesting. It looks like someone is trying to send a bunch of very small inputs to themselves. If I had to guess it is for some kind of academic research of some sort, I am not sure what is trying to be researched though.
hero member
Activity: 518
Merit: 500
Trust me!
Maybe trying to test his bots or annoying random people? Or thinking he can cause problems in BTC?

If you wanted to try something out, you could just do it on testnet. It's easier and won't actually cost you any "real" BTC. You only do this on the real chain if you want to cause some trouble or indeed have malicious intentions. But Bitcoin doesn't care. Good. Smiley
member
Activity: 61
Merit: 10
Maybe trying to test his bots or annoying random people? Or thinking he can cause problems in BTC?
hero member
Activity: 518
Merit: 500
Trust me!
The transactions are rather big, considering this seems to be just some sort of conducting shenannigans! The 1enjoy 1sochi spams were smaller, I guess? But things like these show very well that the Bitcoin network won't collapse even when confronted with so many spam transactions!
legendary
Activity: 1260
Merit: 1019
Quote
How does one Tx remove another Tx from memory pool of a node ?

Memory-pool does not have infinite size. Should I explain next steps?
legendary
Activity: 1512
Merit: 1012
http://btc.blockr.io/address/info/14nsgXjL7xCEXFf8UkGCm9KnSTTFBDKqcn

9 transactions in a second ... (11h00min48s - transaction tree section)
hero member
Activity: 588
Merit: 500
Get ready for PrimeDice Sig Campaign!
This happened to me once. I was setting up my coin flip script, and I accidentally sent from the flipping address, to the flipping address, so it sent back and forth 400 times or so, I lost so much BTC from transactions fees...
legendary
Activity: 2394
Merit: 1216
The revolution will be digital
May be it is an attempt to remove another 0-confirmation transaction from memory-pool of particular node(s)

How does one Tx remove another Tx from memory pool of a node ?
legendary
Activity: 1260
Merit: 1019
May be it is an attempt to remove another 0-confirmation transaction from memory-pool of particular node(s)
hero member
Activity: 508
Merit: 500
Techwolf on #bitcoin and Reddit
The addresses all seem to have been transmitted around the same time, so I'm guessing it's a misconfigured bot of some sort.
hero member
Activity: 924
Merit: 1000
i got a bunch of these tx's.. i had to upgrade my multibit wallet and they disappeared. Just like spamming.. They are trying to cause problems for the rest of us. Slow down the network, etc. they usually target addresses from bigger exchanges. I have no idea how it benefits them.. maybe they are just a bunch of kids getting their kicks, or maybe its a way to test the system for a bigger haul..
legendary
Activity: 1862
Merit: 1011
Reverse engineer from time to time
Flood the network? His txs very likely will not confirm, and most nodes would "ban" him for a while.
legendary
Activity: 1199
Merit: 1012
I don't quite understand what is happening here and why: https://blockchain.info/address/14nsgXjL7xCEXFf8UkGCm9KnSTTFBDKqcn, any ideas?
Jump to: