gigabytecoin (OP)
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March 31, 2011, 02:57:39 AM |
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What is the single largest transaction of bitcoins on the block chain to date?
I read in an old thread it was ~35k bitcoins or something about a year ago.
Anybody?
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gigabytecoin (OP)
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March 31, 2011, 03:11:04 AM |
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Thanks for that! No "all time" settings huh? And does that 10934.41 mean it was all for one single transaction? Or just any number of transactions made within a 10 minute period/block hash?
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Bimmerhead
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March 31, 2011, 03:22:32 AM |
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Wow I don't think I'd risk such a large sum in one lump. Has a transaction ever been 'lost in the mail'?
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mcdett
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March 31, 2011, 03:51:06 AM |
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Fees were paid to help guarantee the transaction. Obviously smart for the transaction amount. Someone needs to dig deeper into this and tell the story. I believe it's a mining operation consolidating accounts? maybe?
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grondilu
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March 31, 2011, 04:44:26 AM |
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My guess is: mybitcoin moving its main wallet
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Anonymous
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March 31, 2011, 04:47:27 AM |
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satoshi transferred bitcoins to the cia. ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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kiba
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March 31, 2011, 04:49:00 AM |
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satoshi is gearing up for the cryptocurrency war. He have great plans for the defense of bitcoin, you see? ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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abednego
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June 29, 2011, 05:41:27 PM |
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Currently 51646 generations are unspent out of 115881. That's 2.5 million BTC.
Wow... does that mean that one person holds that much of the total number to date?
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theymos
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June 29, 2011, 05:44:33 PM |
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Wow... does that mean that one person holds that much of the total number to date?
No, but probably a relatively small number of people share it.
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1NXYoJ5xU91Jp83XfVMHwwTUyZFK64BoAD
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DamienBlack
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June 29, 2011, 05:53:10 PM |
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Currently 51646 generations are unspent out of 115881. That's 2.5 million BTC.
Wow... does that mean that one person holds that much of the total number to date? It could be a place like deepbit or mt gox.
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piuk
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January 20, 2012, 10:53:24 PM |
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bittenbob
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January 21, 2012, 12:28:59 AM |
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Likely gox shuffling their reserve around ... odd that they let it all hang on a single key. Strikes me as a security disaster in the making. Or a testament to the security of the bitcoin network.
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finway
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January 21, 2012, 01:13:13 AM |
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Nonsense.
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ineededausername
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January 21, 2012, 02:45:32 AM |
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There was once a lost transaction that sought to bring down the Bitcoin network, but the heroic actions of the Founders stopped it. It was the largest transaction ever to be recorded, but nobody knows of it anymore.
true story.
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(BFL)^2 < 0
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CombustibleLemon
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January 21, 2012, 05:16:43 AM |
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As I recall one of the biggest was back when people a lot of people were convinced that Mt Gox had had not only its database hacked, but it's entire bitcoin stash hacked.
In order to prove that they still had control of all of their reserves they did a single large transfer that everyone could see in the block chain.
Though as I recall at the time they transferred like 420,000 coins just because the number 42 is always fun.
Maybe Mt Gox continues to transfer it back and forth once a month so they can always prove they have control of their reserve>
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cypherdoc
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January 21, 2012, 05:22:18 PM |
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Likely gox shuffling their reserve around ... odd that they let it all hang on a single key. Strikes me as a security disaster in the making. Or a testament to the security of the bitcoin network. My comment was not about the security of the bitcoin network, but about the fact that holding 500K BTC on one key in one physical location is inherently less secure than breaking it down on - say - 100 keys holding each 5K and kept in separate physical locations. is it really though? if only one address gets broken into today, then the whole Bitcoin concept is finished, done, nadda. yes, as the years grind along, and as faster and faster computers get developed, like potentially quantum, the odds go up that one address can be hacked. however, this assumes the devs all go on vacation and don't keep up with modifications to the algorithms. this won't happen hopefully and assuming it doesn't, then its a continual arms race. if you believe the devs can stay ahead of the hackers then you believe in Bitcoin. if you don't then you'd better just quit now. in this sense, i believe that one address is just as secure as one hundred.
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