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VolanicEruptor (OP)
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February 10, 2014, 09:05:12 PM |
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1Enjoy1C4bYBr3tN4sMKxvvJDqG8NkdR4Z
Just sent out 1200 transactions for 1 satoshi each.
Spam attack on the bitcoin network?
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VolanicEruptor (OP)
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February 10, 2014, 09:07:31 PM |
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This doesn't look good..
It is obviously some kind of attack...
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Mike@Coinswag
Newbie
 Offline
Activity: 32
Merit: 0
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February 10, 2014, 09:09:33 PM |
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This address too: 1SochiWwFFySPjQoi2biVftXn8NRPCSQC
Should anyone who receives a deposit from one of these addresses be worried?
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VolanicEruptor (OP)
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February 10, 2014, 09:10:17 PM |
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This address too: 1SochiWwFFySPjQoi2biVftXn8NRPCSQC
Should anyone who receives a deposit from one of these addresses be worried?
No.. I would be more worried about the blockchain itself.. |
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Mitchell
Copper Member
Legendary
Offline
Activity: 3920
Merit: 2198
Verified awesomeness ✔
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February 10, 2014, 09:11:49 PM |
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I lolled. Why should we be worried? You can sent out 1200 transactions of 1 satoshi's without a problem. Why should we care? If it ever confirms or gets confirmed at all is the real question and the answer to that is most likely not. Almost all miners will simply ignore this transaction.
Edit: The people who receive it shouldn't be to worried. It might happen that they need to pay a higher transaction fee when they receive this payment, but that's all as far as I know.
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VolanicEruptor (OP)
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February 10, 2014, 09:12:57 PM |
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I lolled. Why should we be worried? You can sent out 1200 transactions of 1 satoshi's without a problem. If it ever confirms or get confirmed at all is the second question and the answer to that is most likely not. Almost all miners will simply ignore this transaction.
What if its a test for something bigger? What if someone decides to try 12,000,000 transactions now.. |
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proudhon
Legendary
Offline
Activity: 2198
Merit: 1311
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February 10, 2014, 09:14:04 PM |
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I lolled. Why should we be worried? You can sent out 1200 transactions of 1 satoshi's without a problem. If it ever confirms or get confirmed at all is the second question and the answer to that is most likely not. Almost all miners will simply ignore this transaction.
What if its a test for something bigger? What if someone decides to try 12,000,000 transactions now.. OMG! Or worse?! What if somebody decides to try to send 22,000,000 1BTC transactions! |
Bitcoin Fact: the price of bitcoin will not be greater than $70k for more than 25 consecutive days at any point in the rest of recorded human history.
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DannyHamilton
Legendary
Offline
Activity: 3388
Merit: 4616
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February 10, 2014, 09:14:44 PM |
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This address too: 1SochiWwFFySPjQoi2biVftXn8NRPCSQC
Should anyone who receives a deposit from one of these addresses be worried?
Worried? About what? |
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DannyHamilton
Legendary
Offline
Activity: 3388
Merit: 4616
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February 10, 2014, 09:15:27 PM |
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No.. I would be more worried about the blockchain itself..
Why? |
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VolanicEruptor (OP)
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February 10, 2014, 09:15:35 PM |
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I lolled. Why should we be worried? You can sent out 1200 transactions of 1 satoshi's without a problem. If it ever confirms or get confirmed at all is the second question and the answer to that is most likely not. Almost all miners will simply ignore this transaction.
What if its a test for something bigger? What if someone decides to try 12,000,000 transactions now.. OMG! Or worse?! What if somebody decides to try to send 22,000,000 1BTC transactions! what if the blockchain begins to think for itself and pulls skynet on our asses? |
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deltanine
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February 10, 2014, 09:16:00 PM |
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1Enjoy1C4bYBr3tN4sMKxvvJDqG8NkdR4Z
Just sent out 1200 transactions for 1 satoshi each.
Spam attack on the bitcoin network?
This is not the first time. https://bitcointalk.org/index.php?topic=282238.0 |
Freedom is a state of mind, and then Bitcoin comes along.....
-S4VV4S
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Mitchell
Copper Member
Legendary
Offline
Activity: 3920
Merit: 2198
Verified awesomeness ✔
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February 10, 2014, 09:16:23 PM |
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I lolled. Why should we be worried? You can sent out 1200 transactions of 1 satoshi's without a problem. If it ever confirms or get confirmed at all is the second question and the answer to that is most likely not. Almost all miners will simply ignore this transaction.
What if its a test for something bigger? What if someone decides to try 12,000,000 transactions now.. Well let him test. The network can handle that. Ignoring 12,000,000 1 satoshi transactions is as easy as ignoring 1,200. |
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Lauda
Legendary
Offline
Activity: 2674
Merit: 2965
Terminated.
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February 10, 2014, 09:17:08 PM |
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This address too: 1SochiWwFFySPjQoi2biVftXn8NRPCSQC
Should anyone who receives a deposit from one of these addresses be worried?
No.. I would be more worried about the blockchain itself.. I'm not sure how this could harm the blockchain, even if the transaction had 1M outputs? |
"The Times 03/Jan/2009 Chancellor on brink of second bailout for banks" 😼 Bitcoin Core ( onion) |
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VolanicEruptor (OP)
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February 10, 2014, 09:20:02 PM |
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This address too: 1SochiWwFFySPjQoi2biVftXn8NRPCSQC
Should anyone who receives a deposit from one of these addresses be worried?
No.. I would be more worried about the blockchain itself.. I'm not sure how this could harm the blockchain, even if the transaction had 1M outputs? excessive blockchain size? |
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proudhon
Legendary
Offline
Activity: 2198
Merit: 1311
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February 10, 2014, 09:21:05 PM |
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I lolled. Why should we be worried? You can sent out 1200 transactions of 1 satoshi's without a problem. If it ever confirms or get confirmed at all is the second question and the answer to that is most likely not. Almost all miners will simply ignore this transaction.
What if its a test for something bigger? What if someone decides to try 12,000,000 transactions now.. OMG! Or worse?! What if somebody decides to try to send 22,000,000 1BTC transactions! what if the blockchain begins to think for itself and pulls skynet on our asses? Aaaaaaaaaaand we got him, folks. Move on. |
Bitcoin Fact: the price of bitcoin will not be greater than $70k for more than 25 consecutive days at any point in the rest of recorded human history.
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DannyHamilton
Legendary
Offline
Activity: 3388
Merit: 4616
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February 10, 2014, 09:25:25 PM |
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This address too: 1SochiWwFFySPjQoi2biVftXn8NRPCSQC
Should anyone who receives a deposit from one of these addresses be worried?
No.. I would be more worried about the blockchain itself.. I'm not sure how this could harm the blockchain, even if the transaction had 1M outputs? excessive blockchain size? Blocks are limited to 1 megabyte per block, and miners have an incentive to only include large transactions in a block if the transaction pays a sufficient fee. If a sufficient fee is paid, then the sender has every right to that space in the block. If a sufficient fee isn't paid, then why would any miner confirm this transaction instead of the hundreds of fee paying transactions that they could confirm instead? |
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franky1
Legendary
Offline
Activity: 4214
Merit: 4470
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February 10, 2014, 09:32:26 PM |
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with the block limit of 1MB and Gavin A's satoshi dust limit, any transactions that dont fit the criteria get ignored, thus no one is worried
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I DO NOT TRADE OR ACT AS ESCROW ON THIS FORUM EVER.
Please do your own research & respect what is written here as both opinion & information gleaned from experience. many people replying with insults but no on-topic content substance, automatically are 'facepalmed' and yawned at
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VolanicEruptor (OP)
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February 10, 2014, 09:33:38 PM |
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whats the minimum transaction size then?
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Mitchell
Copper Member
Legendary
Offline
Activity: 3920
Merit: 2198
Verified awesomeness ✔
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February 10, 2014, 09:34:31 PM |
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whats the minimum transaction size then?
5430 satoshi's as far as I know. |
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Lauda
Legendary
Offline
Activity: 2674
Merit: 2965
Terminated.
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February 10, 2014, 09:35:25 PM |
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Blocks are limited to 1 megabyte per block, and miners have an incentive to only include large transactions in a block if the transaction pays a sufficient fee. If a sufficient fee is paid, then the sender has every right to that space in the block. If a sufficient fee isn't paid, then why would any miner confirm this transaction instead of the hundreds of fee paying transactions that they could confirm instead?
"Already know you that which you need." Knowledge makes you keep a calm head. Your posts always provided quality information. The blockchain is fine then. |
"The Times 03/Jan/2009 Chancellor on brink of second bailout for banks" 😼 Bitcoin Core ( onion) |
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