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Author Topic: BIG transactions with Multi-Sig Addresses  (Read 441 times)
OROBTC (OP)
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August 18, 2015, 09:59:07 PM
 #1

...

Recently browsing the blockchain, I have come upon a number of LARGE transactions involving just (or almost all) multi-sig wallets (3xxxxxxxxxxxxxxx...).  Here is an example of a transaction of over $5,000,000:

https://blockchain.info/tx/62d1da0dc2c7bc7dd7c07e24f076c9100604f9c5f5b52e835d7671f87566c392

(I may have seen that address 1HNS....... before).

I have not lately seen any Block Winners using multi-sig addresses.

Comments?
unamis76
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August 18, 2015, 10:03:02 PM
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Maybe an online wallet moving funds? Some organisation storing funds securely? Not sure...

Also, can block winners be multisig addresses? I'm not sure they can.
ashour
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August 18, 2015, 10:37:17 PM
 #3

...

Recently browsing the blockchain, I have come upon a number of LARGE transactions involving just (or almost all) multi-sig wallets (3xxxxxxxxxxxxxxx...).  Here is an example of a transaction of over $5,000,000:

https://blockchain.info/tx/62d1da0dc2c7bc7dd7c07e24f076c9100604f9c5f5b52e835d7671f87566c392

(I may have seen that address 1HNS....... before).

I have not lately seen any Block Winners using multi-sig addresses.

Comments?


I was probably a mining pool or an exchange that moved bitcoins. Usually big bitcoin services use multi sig wallets for security. So if you see multi sig wallets moving huge bitcoin amount you can be sure that it is a big company or service.
hexafraction
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August 18, 2015, 11:39:56 PM
 #4

Also, can block winners be multisig addresses? I'm not sure they can.

They should be able to. A coinbase transaction should be able to contain an output script that verifies a multisig signature.

I have recently become active again after a long period of inactivity. Cryptographic proof that my account has not been compromised is available.
RustyNomad
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August 19, 2015, 06:04:22 AM
 #5

$5.5m odd transacted at a fee of only $0.12.....

Now go try that at a bank  Grin

When looking at the outputs I see several has been spent which makes me think that this must be from an exchange or similar to individuals where some have 'spent' theirs while other have not.
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