What is the owner of 14nsgXjL7xCEXFf8UkGCm9KnSTTFBDKqcn trying to achieve?

itsAj

hero member

Activity: 588

Merit: 500

Quote from: ensurance982 on August 30, 2014, 12:57:05 PM

Quote from: itsAj on August 30, 2014, 12:52:37 PM

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).

amaclin

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

ensurance982

hero member

Activity: 518

Merit: 500

Trust me!

Quote from: itsAj on August 30, 2014, 12:52:37 PM

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!

itsAj

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.

ensurance982

hero member

Activity: 518

Merit: 500

Trust me!

Quote from: CreamyPie on August 30, 2014, 12:37:41 PM

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.

CreamyPie

member

Activity: 61

Merit: 10

Maybe trying to test his bots or annoying random people? Or thinking he can cause problems in BTC?

ensurance982

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!

amaclin

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?

Meuh6879

legendary

Activity: 1512

Merit: 1012

http://btc.blockr.io/address/info/14nsgXjL7xCEXFf8UkGCm9KnSTTFBDKqcn

9 transactions in a second ... (11h00min48s - transaction tree section)

williamj2543

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...

BitCoinDream

legendary

Activity: 2394

Merit: 1216

The revolution will be digital

Quote from: amaclin on August 30, 2014, 10:50:19 AM

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 ?

amaclin

legendary

Activity: 1260

Merit: 1019

May be it is an attempt to remove another 0-confirmation transaction from memory-pool of particular node(s)

Dare

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.

bigasic

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..

Remember remember the 5th of November

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.

arsenische

legendary

Activity: 1199

Merit: 1012

I don't quite understand what is happening here and why: https://blockchain.info/address/14nsgXjL7xCEXFf8UkGCm9KnSTTFBDKqcn, any ideas?

Topic: What is the owner of 14nsgXjL7xCEXFf8UkGCm9KnSTTFBDKqcn trying to achieve? (Read 1451 times)