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Bitcoin => Bitcoin Discussion => Topic started by: imbest on April 01, 2017, 11:34:17 PM



Title: I want to understand this block
Post by: imbest on April 01, 2017, 11:34:17 PM
Hey,
I am totally a noob when you're talking about some technical stuffs.But i want to know why this block have several same transaction at a time?
https://blockchain.info/block/000000000000000000f68ca29829b1ee451683155c0db8687a99e24fabb7926f

and who is the owner of this address? https://blockchain.info/address/15tYFmUV6wG4e1Gbi1buxBM9zSQzcWSkiK

Multiple same transaction at a time to fill the block? ???


Title: Re: I want to understand this block
Post by: Yakamoto on April 01, 2017, 11:48:39 PM
If I understand my Bitcoin technical components correctly, the multiple output addresses all stem from the same wallet, and they're just from different public addresses (obviously) that all make a transaction using whatever amount of Bitcoin they have.

As for how the transactions have multiple input addresses, I'd have to check again. I can't remember how that's done.


Title: Re: I want to understand this block
Post by: HCP on April 02, 2017, 01:22:31 AM
Hey,
I am totally a noob when you're talking about some technical stuffs.But i want to know why this block have several same transaction at a time?
https://blockchain.info/block/000000000000000000f68ca29829b1ee451683155c0db8687a99e24fabb7926f

and who is the owner of this address? https://blockchain.info/address/15tYFmUV6wG4e1Gbi1buxBM9zSQzcWSkiK

Multiple same transaction at a time to fill the block? ???
No idea who the owner is, but they appear have a solid 2600+ BTC in that address... making payments of between 0.1-0.9 BTC to multiple addresses.

For whatever reason, they have chosen not to create a multi-output transaction, (ie. 1 input -> Several Outputs) but have created individual transactions for each output (1 input -> 1 output excl. change).

Given that there a groups of payments with the same value, my best guess would be that they are some sort of coin exchange, and people just happen to be converting/buying the same value of BTC so they end up with the same amounts... ie. several people buying USD$300.00 worth of BTC, several buying $200.00 etc.

Or they could be an investment operator processing withdrawl or payment requests for a number of people who have the same number of shares or whatever, so they end up with the same payout amount...

Or it could just be a very rich person sending money to his friends and family... that is kind of the beauty of BTC... it helps hide a lot of the "who/what/why" ;)


Title: Re: I want to understand this block
Post by: 7788bitcoin on April 02, 2017, 02:13:28 AM
The owner of the address 15tYFmUV6wG4e1Gbi1buxBM9zSQzcWSkiK has been making these transfer for the past few month, and I guess so far noone knows who it belongs to. My guess is that he is doing this to scam the network and to help justify for a blocksize increase. See more:

https://www.reddit.com/r/Bitcoin/comments/5yjij6/someone_is_transferring_750_btc_every_5_seconds/


Title: Re: I want to understand this block
Post by: tobacco123 on April 02, 2017, 02:42:26 AM
My take is that most of these "same amount" transaction are automated so that they are sent out at the same time. This guy must be a very rich early miner who is playing with his holdings and support the miner (fee).