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Author Topic: can someone explan why he doing this ??  (Read 227 times)
XtremeMed (OP)
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September 03, 2024, 12:04:23 PM
 #1

some sus adresses
https://mempool.space/fr/address/1JustMakeBitcoinGreatAgain161GVpC

can someone explan these transactions
Apocollapse
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September 03, 2024, 12:21:51 PM
 #2

For fun, no explanation needed.

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September 03, 2024, 12:36:39 PM
 #3

It is used to send messages over the blockchain, as happened when Twitter was hacked[1]. You can do this if you generate a valid address.
Quote
1JustMakeBitcoinGreatAgain161GVpC
1HappyTheTenAnniversary1111138Z9Kr
1WeCanDoYetAnotherWorLd11114Jx8AT

[1] https://www.mitnicksecurity.com/blog/2020-twitter-bitcoin-scam

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pooya87
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September 03, 2024, 01:49:23 PM
 #4

Somebody had roughly $30 bucks to burn so they used it to also spam the bitcoin blockchain with a bunch of useless and meaningless words! Cheesy

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benalexis12
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September 03, 2024, 02:06:13 PM
 #5

some sus adresses
https://mempool.space/fr/address/1JustMakeBitcoinGreatAgain161GVpC

can someone explan these transactions

Why do you seem so curious about that transaction OP? What do you want to know? If someone does that, we will be out of there forever, even though that is a huge amount in the value of our money here in our country.

Maybe, instead of thinking like that OP, put yourself first to be able to accumulate Bitcoin for the bull run that is coming a few months from now when its price rally will definitely start in the market.

SquirrelJulietGarden
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September 03, 2024, 02:15:14 PM
 #6

https://www.bitcoinwhoswho.com/address/1JustMakeBitcoinGreatAgain161GVpC

There is no scam report and tag for this address so far but that site is helpful for you to check a suspicious address. If it is used for many scam transactions in the past, it's possibly reported and gotten a scam tag.

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September 04, 2024, 02:17:00 PM
 #7

some sus adresses
https://mempool.space/fr/address/1JustMakeBitcoinGreatAgain161GVpC

can someone explan these transactions

When rich people have money to burn, they do all such nonsense stuffs. This one looks like one of those stupid stuffs to me. It's surely spamming the network though.

But I don't see a reason for you to get worried ot suspicious about it, for apparently no reason!

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September 04, 2024, 03:56:41 PM
 #8

It can also be a great marketing for themselves as well. I used to have one like this, it was 1 and my nickname, and it was a great thing, but this person could be selling the ability to do this, so they would sell you the 1name version of addresses depending on whatever you want and charge you a fee for it as well. I suggest not using it because the private keys will be with them, even if they tell you that it won't be, assume that it will be and just use whatever you are using currently.

The problem with these type of things is that we are never sure, and if you are unsure then being on the cautious side is always better, that way you will not be scammed. The ability to make these type of things is with legacy I think, because I have never seen any segwit versions of this, some say that it is possible and there are some examples I have seen but it's so few and rare that I think it could just be coincidence as well so I am not really sure if segwit has this yet.

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September 04, 2024, 04:16:56 PM
 #9

some sus adresses
https://mempool.space/fr/address/1JustMakeBitcoinGreatAgain161GVpC

can someone explan these transactions

Why do you seem so curious about that transaction OP? What do you want to know? If someone does that, we will be out of there forever, even though that is a huge amount in the value of our money here in our country.

There's no sin in asking what you don't understand, Op might have not come across such a transaction that bears this kind of address before ,therefore asking questions to learn or know what isn't a bad thing to do.

Well, for this person that is running this type of address transactions, I guess they don't have much to do with their time.

 
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hugeblack
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September 05, 2024, 12:37:47 AM
 #10

It can also be a great marketing for themselves as well. I used to have one like this, it was 1 and my nickname, and it was a great thing, but this person could be selling the ability to do this, so they would sell you the 1name version of addresses depending on whatever you want and charge you a fee for it as well. I suggest not using it because the private keys will be with them, even if they tell you that it won't be, assume that it will be and just use whatever you are using currently.

You cannot get private keys for these addresses, they just meet the "valid address" condition but you do not necessarily know the private key for them so you find that he deposited a small amount for that address.

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FinneysTrueVision
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September 05, 2024, 02:46:24 AM
 #11

They sent 666 satoshis to an address belonging to Satoshi himself in this transaction. They might have been trying to send a message of some kind but it is hard to make any sense out of it.


It can also be a great marketing for themselves as well. I used to have one like this, it was 1 and my nickname, and it was a great thing, but this person could be selling the ability to do this, so they would sell you the 1name version of addresses depending on whatever you want and charge you a fee for it as well. I suggest not using it because the private keys will be with them, even if they tell you that it won't be, assume that it will be and just use whatever you are using currently.


It might be a marketing ploy, but they would be marketing a scam if they were to claim that they can generate usable vanity addresses that are as long and complex as the one mentioned in the OP. It would take millions of years to generate a vanity address, and its corresponding private key, of that length. These are only burn addresses that can receive BTC because they are technically valid but nobody has the keys to spend from them.

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nc50lc
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September 05, 2024, 06:37:08 AM
 #12

I used to have one like this, it was 1 and my nickname, and it was a great thing,
-snip- I suggest not using it because the private keys will be with them,
This sounds like a "Vanity Address" which has a number of bruteforce-able prefix limited by your machine's specs.
On the other hand, the address in the OP is known as a "Burn Address" generated by selecting valid base58 characters and computing the correct checksum to be valid.
Unlike vanity address, it's not produced by bruteforcing address with prefix starting from a private key.

-snip- I have never seen any segwit versions of this, some say that it is possible and there are some examples I have seen but it's so few and rare that I think it could just be coincidence as well so I am not really sure if segwit has this yet.
Both vanity and burn address has SegWit variant.

For vanity address, the process is similar; start fron a private key anf check if the address matched the desired prefix.
Repeat if not (bruteforce).
Use VanitySeach if you want to create one yourself.

For burn address, the characters to select are from bech32 instead of base58. Then, it's the same, compute the checksum (for bech32 address) to produce a valid SegWit address.
Now, examples of this is rare since there's no use-case for such burn address aside from "Proof-of-Burn" and the useless spam transaction example in the OP.

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September 05, 2024, 07:00:57 AM
 #13

The messages you can send with this method are quite limited and not so easy to create but have the advantage of being visible directly in block explorers.

I imagine you could inscribe the same message in an Ordinal or Rune, but that would require more specialized websites to view the contents and also nobody's going to see that stuff. At least not as many as when you use burner addresses.

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Reatim
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September 05, 2024, 08:07:30 AM
 #14

some sus adresses
https://mempool.space/fr/address/1JustMakeBitcoinGreatAgain161GVpC

can someone explan these transactions
No one will be able to actually assess what this person is trying to do or what their reason for it.

Just take it for what it is and it’s stupid and not worth your time and attention. It’s most likely just a random thing a random person decided to do. Lots of people do things that are unexplainable and most of the time illogical.

Don’t dig too deep.

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