I bought a pizza for ten thousand Satoshi. [Want a tiny scrap of dust?]

[Cryddit]

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.

[nutildah]

I tried it but I can't make it profitable. I'm sure somebody else will take it shortly, though.

[Cryddit]

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.

[nutildah]

Interesting... for the moment, I'd still be losing net bitcoin, however.

[Cryddit]

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. 

[Cryddit]

And there it goes.  55 minutes.

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

[tspacepilot]

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 )?

I'd love to see the distribution of times to claim free bitcoin dust amounts.  Unfortunately, I can't afford to run the experiment.

[dalek]

Interesting to learn that blockchain.info now refuses to show low/no-fee transactions until only after they confirm.

[Cryddit]

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.

[Cryddit]

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

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....

[tspacepilot]

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.

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

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.

[Cryddit]

And it got into the block chain immediately!  WooHoo!

It now has 3 confirmations.   

[dalek]

Don't see the 1 satoshi you mentioned. Looks like the entire input was taken.

[shorena]

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

[Cryddit]

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. 

[shorena]

om nom nom nom

Hx+9K+9zTctIdRzXecfZpqEvutgOW/TlBLAF3rSX26V2Jo14bqlqr9TCbHtohDq4wEBv3mQAUPgSWOZA4eWtviQ=

Cleaning up old faucet inputs?

[tspacepilot]

om nom nom nom

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?

[Cryddit]

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.

[tspacepilot]

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!

[jonald_fyookball]

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?