Huge transaction fee sent by mistake have been return to owner

[bgaf]

What you guys think about this move? As we know it, transaction is irreversible but mistake like this have consequence to every users. What if the mining pool decides to keep it as the error not on their part? If other mining pool were not like these guys of f2pool then some people will loss asset due to human error. Do they only solve big transaction fee? How about those small to medium fees with the same scenario? This show that blockchain transaction is risky too especially if those transactions are been compromised by thieves and hackers.

On 2020-06-11 23:12, F2Pool mined an abnormal 3,221.6454 ETH transaction on the Ethereum network which also had a 2,310 ETH transaction fee. The TXID was 0xfd10c9a4507c4ebf1db9f71e05ba8ea09f3603c9012c24195d731a1fadfa14d9.

Later, on 2020-06-12 00:33, the sender contacted the F2Pool team and explained that they experienced a malicious attack on their node wallet, and 5,531.6454 ETH (worth $1.23 million USD) was transferred out. The sender earnestly requested F2Pool to return the transaction fee part of the transaction to retrieve part of their losses.

F2Pool operates both a PPS pool (address mining) and a PPS+ pool (account mining) for Ethereum. This transaction was mined by the PPS pool (shown by the Hex code ending with b1bc in the block data).

Out of our humanitarian spirit, F2Pool has decided to return the transaction fee component of the transaction. It’s not feasible to return the fee back to the original sender address as the address is also now controlled by the hacker. Therefore, we agreed to send the fee to a new address provided by the original address owner after full verification of the address and owner.

[jrrsparkles]

Literally the miners are not liable to return back the money because they just what fee is used but when they know it is an error they returned it but we can't expect this to happen when the exact scenario repeats no matter the error amount if big or small.

[studio1one]

Etherchain.org the pool that mined a high transaction fee block has also made an announcement.

"As the sender of the transaction https://etherchain.org/tx/c215b9356db58ce05412439f49a842f8a3abe6c1792ff8f2c3ee425c3501023c has not contacted us after 4 days we have made the final decision to distribute the tx fee to the miners of our pool. Given the amount involved we believe 4 days is sufficient time for the sender to get in touch with us."

[covfefe_]

It's glad to see Ethereum miners still helping out correct individual transactions. Such news are much common with Ethereum. Haven't seen such things happen on other larger blockchain. Maybe the nature of the Ethereum network makes it easier but yet it's the community first vibe among the Ethereum miners for such things happening.

[hongchao123]

So, this was an attack. Thats nice that the money have been returned

[thesmallgod]

Etherchain.org the pool that mined a high transaction fee block has also made an announcement.

"As the sender of the transaction https://etherchain.org/tx/c215b9356db58ce05412439f49a842f8a3abe6c1792ff8f2c3ee425c3501023c has not contacted us after 4 days we have made the final decision to distribute the tx fee to the miners of our pool. Given the amount involved we believe 4 days is sufficient time for the sender to get in touch with us."

The statement is contradicting each other. The Op said the money has been reported to have been transfer back to the owner with the address provided by him so arguably the tx fee was not being shared between miners. Whatever the case may be, It is interested two hear that such mistakes on the sender was overlooked and the ETH was transfer back to him which to me bring more credibility the miners and hopefully people will not be denied the opportunity to retrieved back similar transaction

[torrantz]

So, this was an attack. Thats nice that the money have been returned

That's true and it looks like the mining pool has ability to rolling back the transaction fees. this is my first time to see the mining pool has ability to do that. It's quite surprising for me to see that happens right now.

[ryzaadit]

Do they only solve big transaction fee? How about those small to medium fees with the same scenario? This show that blockchain transaction is risky too especially if those transactions are been compromised by thieves and hackers.

The smallest fee doesn't have any relationship with this case, in this case, the problem the fee was too huge and give a someone who mined the block got some nice bonus from the block fee. We believe the transaction happened using automatic transfer, since almost 2x times not a human error. If you compare it with manual transaction, there a 1-2x times confirmation did you want to send transaction or not and some preview transaction. Everyone should be aware if they type a wrong amount to be filled when he wan to fill the amount send but unfortunately he set up on the fee column.

[FrozenBit]

In the end, this was not someone's mistake, they were clearly attacked by the bad guys in this market. And it was fortunate because they received their money back, one of the great news today

[Febo]

What you guys think about this move? As we know it, transaction is irreversible but mistake like this have consequence to every users.

They just gave that guy their mining fee. It has nothing with reversing any transactions. They gave their money to that guy. Simply. How they will explain their charity works to the tax office will be interested to see.

[oxgroth]

Another one good example that we have friendly community in the crypto industry

[Anonylz]

Well an honest miner that is, it was very clear that such transaction was definitely a mistake and should be returned, this is a common mistake that can be made by a newbie, paying more fees than the actual amount, glade to see the miners have take notice of the abnormal transaction, am sure the user will be overwhelmed with happiness.

[minairia3]

Another one good example that we have friendly community in the crypto industry

Its not that they are required to that. As explained in the article they were returned it out of guilt as the sender said he was just attacked and clearly no one in their right mind to do that. Plausible explanation  and reasonable.

Well an honest miner that is, it was very clear that such transaction was definitely a mistake and should be returned

If thats the case then does this process will always be used by some users and worse maybe scammer will now try to use this method now some miners accepting a refund or returning the mistake fee that has been sent.

[Ulven]

I think the owners of the pool deserve all the appreciation because they weren't greedy and returned the money to its owner, It is nice to see a digital community improving the crypto service 

[republicrypto]

In the end, this was not someone's mistake, they were clearly attacked by the bad guys in this market. And it was fortunate because they received their money back, one of the great news today

and i think ethereum price will affected because of this news my friend
this is really great, and i hope everyone must becarefull if they want to send any eth,
regards

[Twinkledoe]

I think the owners of the pool deserve all the appreciation because they weren't greedy and returned the money to its owner, It is nice to see a digital community improving the crypto service 

There's still hope for humanity. Not all people in the cyberworld are greedy. There are still people who cares for individuals who made mistake and are willing to to help them as long as they can. Respect!

[marks1976]

In the end, this was not someone's mistake, they were clearly attacked by the bad guys in this market. And it was fortunate because they received their money back, one of the great news today

and i think ethereum price will affected because of this news my friend
this is really great, and i hope everyone must becarefull if they want to send any eth,
regards

it doesn't give any impact to the ethereum price and this is a problem that has already solved by the pool. it looks like you should learn again about what kind of news for ethereum that was giving a bullish trend for ethereum.

[bearexin]

Wow, this is the first time I’m seeing this happen. It’s really good that they agree to work with the owner of the address and return the fees. But this is not the first time someone is making such error and losing money in fees, people still have to be careful and know how much they are paying for fees before sending, unless in a case like this one where an account is hacked. The first time I saw this topic I was thinking it was about the guy that paid around $2 million for a small $150 transaction, or is this the some other transaction that also is being discussed here?

Anyway we must appreciate F2pool for being and acting as per humanitarian spirit. I guess if they work on any IEO for further development of their mining process then I guess people will remember this incident may start contributing to their initiative in more generously.

[Dpat]

Recently, I also sent a crypto coin to an exchange and on later date I got to know that that transaction was lost. And, this because of only the old crypto that I had sent instead of new generated coin which was generated by the conducting of swap by the company. I contacted many involved person to the exchange administrator and no where I got a reliable suggestion. But some day later I got a message from the exchange team that we are look forwarding the matter and the reversing of the token will charged as high fees. let see what happen next, still it is withheld.

[judeafante]

It's glad to see Ethereum miners still helping out correct individual transactions. Such news are much common with Ethereum. Haven't seen such things happen on other larger blockchain. Maybe the nature of the Ethereum network makes it easier but yet it's the community first vibe among the Ethereum miners for such things happening.

It just shows that they are against any form of hacking and they are one with the community to correct those errors I hope future hacking with a similar scheme will de deal with the same action by miners, it's just right that the huge fee should be returned to the rightful owner, the one will suffer this is the owner and his clients, provided that the owner is running a legit business in the industry.