Bitcoin Forum
April 24, 2024, 04:49:22 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: The pool Eligius is behaving strangely  (Read 1398 times)
Rothgar (OP)
Sr. Member
****
Offline Offline

Activity: 374
Merit: 250


Tune in to Neocash Radio


View Profile WWW
March 10, 2013, 04:27:23 PM
 #1

Submitted for your approval.  The block

https://blockchain.info/block-index/357198/000000000000033818fb20338be1fe1b223f7018bdad8ee4cea5f396cf5523e8

has many transactions that send one satoshi to another address.  The block is so big it's just under the 500k new soft limit. 

I know this block was found by the Eligius pool because a payout address 17JMTVdHdCqu5WcU1cWeye83JQwXoHZCSm  for the newly generated coins is active at Eligius.  http://eligius.st/~wizkid057/newstats/userstats.php/17JMTVdHdCqu5WcU1cWeye83JQwXoHZCSm

You can even mach up the last payout with the payout in block 357198.

This is a strange thing to happen for a pool so concerned about block chain bloat. 


Visit http://neocashradio.com for the premier weekly bitcoin podcast.
Follow neocashradio on twitter.  https://twitter.com/NeocashRadio
"If you don't want people to know you're a scumbag then don't be a scumbag." -- margaritahuyan
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1713977362
Hero Member
*
Offline Offline

Posts: 1713977362

View Profile Personal Message (Offline)

Ignore
1713977362
Reply with quote  #2

1713977362
Report to moderator
1713977362
Hero Member
*
Offline Offline

Posts: 1713977362

View Profile Personal Message (Offline)

Ignore
1713977362
Reply with quote  #2

1713977362
Report to moderator
Parazyd
Hero Member
*****
Offline Offline

Activity: 812
Merit: 587


Space Lord


View Profile WWW
March 11, 2013, 05:21:48 PM
 #2

I don't understand... What's the problem?
Rothgar (OP)
Sr. Member
****
Offline Offline

Activity: 374
Merit: 250


Tune in to Neocash Radio


View Profile WWW
March 11, 2013, 09:42:36 PM
 #3

It's not really a problem there were just transactions sending .00000001 outputs all to the same address to several addresses. 

This was strange because it puts more data in the block chain, and Luke Jr., who started this pool, hates these .00000001 transactions. 

Since this block I believe some of these outputs have been consolidated into larger outputs.   Maybe the pool Eligius is just taking "unspendable" outputs and over time turning them into spendable ones again.  Maybe they're doing it for a fee.  I don't see a problem here. 

At first I thought that this pool was trying to bloat the blockchain, maybe to prove the point that the blockchain shouldn't bloat, but I do not think it's malicious now. 

Visit http://neocashradio.com for the premier weekly bitcoin podcast.
Follow neocashradio on twitter.  https://twitter.com/NeocashRadio
wtfvanity
Hero Member
*****
Offline Offline

Activity: 504
Merit: 500


WTF???


View Profile
March 11, 2013, 09:44:29 PM
 #4

It's not really a problem there were just transactions sending .00000001 outputs all to the same address to several addresses. 

This was strange because it puts more data in the block chain, and Luke Jr., who started this pool, hates these .00000001 transactions. 

Since this block I believe some of these outputs have been consolidated into larger outputs.   Maybe the pool Eligius is just taking "unspendable" outputs and over time turning them into spendable ones again.  Maybe they're doing it for a fee.  I don't see a problem here. 

At first I thought that this pool was trying to bloat the blockchain, maybe to prove the point that the blockchain shouldn't bloat, but I do not think it's malicious now. 

The single satoshi transactions do not have transaction fees on them. It is pretty interesting.

          WTF!     Don't Click Here              
          .      .            .            .        .            .            .          .        .     .               .            .             .            .            .           .            .     .               .         .              .           .            .            .            .     .      .     .    .     .          .            .          .            .            .           .              .     .            .            .           .            .               .         .            .     .            .            .             .            .              .            .            .      .            .            .            .            .            .            .             .          .
Rothgar (OP)
Sr. Member
****
Offline Offline

Activity: 374
Merit: 250


Tune in to Neocash Radio


View Profile WWW
March 11, 2013, 09:50:48 PM
 #5

It's not really a problem there were just transactions sending .00000001 outputs all to the same address to several addresses. 

This was strange because it puts more data in the block chain, and Luke Jr., who started this pool, hates these .00000001 transactions. 

Since this block I believe some of these outputs have been consolidated into larger outputs.   Maybe the pool Eligius is just taking "unspendable" outputs and over time turning them into spendable ones again.  Maybe they're doing it for a fee.  I don't see a problem here. 

At first I thought that this pool was trying to bloat the blockchain, maybe to prove the point that the blockchain shouldn't bloat, but I do not think it's malicious now. 

The single satoshi transactions do not have transaction fees on them. It is pretty interesting.

The pool must have included those transactions without worrying about the rules. 

Visit http://neocashradio.com for the premier weekly bitcoin podcast.
Follow neocashradio on twitter.  https://twitter.com/NeocashRadio
Parazyd
Hero Member
*****
Offline Offline

Activity: 812
Merit: 587


Space Lord


View Profile WWW
March 12, 2013, 06:06:53 AM
 #6

Eligius gives out a payout of 25 BTC each time a block is found by the pool. Everything that's over that 25 BTC (tx fees) funds the server.
wtfvanity
Hero Member
*****
Offline Offline

Activity: 504
Merit: 500


WTF???


View Profile
March 12, 2013, 02:53:30 PM
 #7

Eligius gives out a payout of 25 BTC each time a block is found by the pool. Everything that's over that 25 BTC (tx fees) funds the server.

Are you posting this in the correct thread? What does his pool keeping the fees have to do with anything?

          WTF!     Don't Click Here              
          .      .            .            .        .            .            .          .        .     .               .            .             .            .            .           .            .     .               .         .              .           .            .            .            .     .      .     .    .     .          .            .          .            .            .           .              .     .            .            .           .            .               .         .            .     .            .            .             .            .              .            .            .      .            .            .            .            .            .            .             .          .
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!