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"This isn't the kind of software where we can leave so many unresolved bugs that we need a tracker for them." -- Satoshi
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markjamrobin
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September 28, 2013, 02:47:57 AM |
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Brain wallet default. Stupid people used it, others tried to withdraw, all at the same time. |
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calian
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September 28, 2013, 06:16:52 AM |
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That's crazy, so an address that the private key is publicly known for has a balance of 0.0764025 that's stuck by the logjam of people trying to claim it?
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Buffer Overflow
Legendary
 Offline
Activity: 1652
Merit: 1015
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September 28, 2013, 06:20:39 AM |
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That's crazy, so an address that the private key is publicly known for has a balance of 0.0764025 that's stuck by the logjam of people trying to claim it?
Yes. |
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Mondy
Member
Offline
Activity: 112
Merit: 10
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September 28, 2013, 11:08:57 AM |
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That's crazy, so an address that the private key is publicly known for has a balance of 0.0764025 that's stuck by the logjam of people trying to claim it?
Wait what?! I can claim a bit of it? How?! |
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01BTC10
VIP
Hero Member
Offline
Activity: 756
Merit: 503
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September 28, 2013, 11:18:51 AM |
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That's crazy, so an address that the private key is publicly known for has a balance of 0.0764025 that's stuck by the logjam of people trying to claim it?
Wait what?! I can claim a bit of it? How?! By joining the thousand unconfirmed transaction queue. |
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Bakemono
Member
Offline
Activity: 85
Merit: 10
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September 28, 2013, 11:19:46 AM |
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That's crazy, so an address that the private key is publicly known for has a balance of 0.0764025 that's stuck by the logjam of people trying to claim it?
What is this logjam and why it prevents one of those transactions to be included in a block? |
BTC : 1Ct9opEdmq4ZuZmNQmhGBDcurrePFykTRt
LTC : LLqGtKpAdx6Ci8ZaSrvWG6WXfFF3mPK4V9
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Gabi
Legendary
Offline
Activity: 1148
Merit: 1008
If you want to walk on water, get out of the boat
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September 28, 2013, 11:25:18 AM |
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That's crazy, so an address that the private key is publicly known for has a balance of 0.0764025 that's stuck by the logjam of people trying to claim it?
What is this logjam and why it prevents one of those transactions to be included in a block? It doesn't exist, it is just FUD.  |
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vane91
Member
Offline
Activity: 133
Merit: 26
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September 28, 2013, 05:26:37 PM |
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Let me explain to you:
This is what happen when a private key is made public.
the address maybe receiving very small amounts of coins, from faucets etc,
Basically there is a lot of small inputs, so the bitcoin transaction fees to take the money out of there are higher than the amount people try to withdraw,
so dont be fooled, this amount will be in a limbo forever or go to the first people that claimed it.
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Buffer Overflow
Legendary
Offline
Activity: 1652
Merit: 1015
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September 28, 2013, 07:25:45 PM |
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Why cannot someone spend the coins while mixing a high priority amount, say 10 BTC as another input?
The whole transaction wouldn't need fee added.
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Gabi
Legendary
Offline
Activity: 1148
Merit: 1008
If you want to walk on water, get out of the boat
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September 28, 2013, 07:42:22 PM |
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Why cannot someone spend the coins while mixing a high priority amount, say 10 BTC as another input?
The whole transaction wouldn't need fee added.
You can do what you want. Only 1 transaction will be put in a block anyway. The miners will choose wich one. Usually the one with the highest fee |
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Nancarrow
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September 28, 2013, 10:30:37 PM |
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This is comedy gold. It's also pretty good publicity for Randall Munroe, not that I imagine he has anything to do with it.
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If I've said anything amusing and/or informative and you're feeling generous:
1GNJq39NYtf7cn2QFZZuP5vmC1mTs63rEW
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