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Topic: Bitcoin dust (Read 1428 times)
fivebells
(OP)
Sr. Member
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Bitcoin dust
October 23, 2014, 10:26:32 PM
#1
I received the princely sum of 1 satoshi from
this account
recently. What is the purpose of these tiny transactions? 20000 satoshis for three such transactions to random addresses is going to add up pretty quickly, so it seems unlikely that they're intended to bloat the blockchain.
bitsmichel
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Re: Bitcoin dust
October 23, 2014, 10:47:48 PM
#2
Quote from: fivebells on October 23, 2014, 10:26:32 PM
I received the princely sum of 1 satoshi from
this account
recently. What is the purpose of these tiny transactions? 20000 satoshis for three such transactions to random addresses is going to add up pretty quickly, so it seems unlikely that they're intended to bloat the blockchain.
This is a bot sending spam in the transaction message. Every transaction can have a message associated with it. They randomly send a few satoshis to a collection of addresses. Perhaps other blockchain explorers can hide these dust transactions.
See these threads for more info:
https://bitcointalk.org/index.php?topic=801364.0
https://bitcointalk.org/index.php?topic=474140.0
https://bitcointalk.org/index.php?topic=806173.0
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opossum
Hero Member
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Merit: 1000
Re: Bitcoin dust
October 23, 2014, 10:56:55 PM
#3
Although the address does not have any kind of tag on blockchain.info, it is likely trying to somehow advertise some kind of website or a service.
Laxotrade is one example of of a site that is using some kind of bot to "crawl" for bitcoin addresses on this forum and sending a bunch of very small outputs to each address (sometimes multiple times).
Also, back in march of this year, there were two addresses (I think one as 1satashisomething...) that could be linked to a gambling site that was sending out a bunch of 1 satashi outputs to a lot of random addresses; this even made the news)
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bitllionaire
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Re: Bitcoin dust
October 23, 2014, 11:49:18 PM
#4
they look for spamming their services
however,what they only achieve is a saturation of the bitcoin network
nextblast
Hero Member
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Activity: 658
Merit: 500
⇾
Re: Bitcoin dust
October 24, 2014, 03:26:11 AM
#5
A good way to contribute to btc's value/price. Because the total amount is less now.
btceuropen
Member
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Activity: 80
Merit: 10
Re: Bitcoin dust
October 24, 2014, 03:37:12 AM
#6
spread Bitcoin by anyone organization?
fivebells
(OP)
Sr. Member
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Activity: 462
Merit: 250
Re: Bitcoin dust
October 24, 2014, 04:49:56 AM
#7
Thanks, everyone. Advertising. I never would have guessed.
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