Bitcoin Forum
December 13, 2017, 03:47:54 AM *
News: Latest stable version of Bitcoin Core: 0.15.1  [Torrent].
 
   Home   Help Search Donate Login Register  
Pages: [1]
  Print  
Author Topic: I want to understand this block  (Read 320 times)
imbest
Hero Member
*****
Offline Offline

Activity: 588


looking for opportunities


View Profile
April 01, 2017, 11:34:17 PM
 #1

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? Huh

1513136874
Hero Member
*
Offline Offline

Posts: 1513136874

View Profile Personal Message (Offline)

Ignore
1513136874
Reply with quote  #2

1513136874
Report to moderator
1513136874
Hero Member
*
Offline Offline

Posts: 1513136874

View Profile Personal Message (Offline)

Ignore
1513136874
Reply with quote  #2

1513136874
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
Yakamoto
Legendary
*
Offline Offline

Activity: 966


View Profile
April 01, 2017, 11:48:39 PM
 #2

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.














 

 

█ 
█ 
█ 
█ 
█ 
█ 
█ 
█ 
█ 
█ 
█ 
BitBlender 

 













 















 












 
█ 
█ 
█ 
█ 
█ 
█ 
█ 
█ 
█ 
█ 
█ 
HCP
Sr. Member
****
Online Online

Activity: 448

<insert witty quote here>


View Profile
April 02, 2017, 01:22:31 AM
 #3

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? Huh
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" Wink

7788bitcoin
Hero Member
*****
Offline Offline

Activity: 770



View Profile
April 02, 2017, 02:13:28 AM
 #4

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/

.MOYΛ NETWORKS.
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀  ▀  ▀▀  ▀▀▀▀  ▀▀
                    ▄▄█████▄
                 ▄███████████▄
               ▄██████████████
             ▄█████▀▀   ▀█████             ▄▄▄▄▄             ▄▄
           ▄████▀        █████          ▄████████▄         ▄██▀
         ▄████▀          ████         ▄████▀▀▀▀███      ▄███▀
       ▄████▀           ▄████       ▄████▀     ████  ▄████▀
      ▄███▀             █████     ▄████▀        ███████▀
     ▄███▀              █████   ▄████▀           ▀███▀
    ███▀                ▀████▄█████▀
  ▄███▀                  ▀██████▀▀
 ███▀                      ▀▀▀▀
███▀
MOYANWHITEPAPERMOYAN
.
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
...FACEBOOK     TWITTER     LINKEDIN...
▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
tobacco123
Sr. Member
****
Offline Offline

Activity: 448


View Profile
April 02, 2017, 02:42:26 AM
 #5

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).
Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!