7 ms·

1JustReadALL1111111111111114ptkoK 0.00000666 BTC 1TransactionoutputsAsTexta13AtQyk 0.00000667 BTC 1YouTakeRiskWhenUseBitcoin11cGozM 0.00000668 BTC 1forYourTw

1JustReadALL1111111111111114ptkoK 0.00000666 BTC 1TransactionoutputsAsTexta13AtQyk 0.00000667 BTC 1YouTakeRiskWhenUseBitcoin11cGozM 0.00000668 BTC 1forYourTwitterGame111111112XNLpa 0.00000669 BTC 1BitcoinisTraceabLe1111111ZvyqNWW 0.00000670 BTC 1WhyNotMonero777777777777a14A99D8 0.00000671 BTC bc1qxy2kgdygjrsqtzq2n0yrf2493p83kkfjhx0wlh 0.00001337 BTC Can anyone explain what happened in this block of transactions to me?

drexlspivey 6y ago
These are bitcoin eater addresses (essentially receive only addresses), you can create addresses like these if you bruteforce the checksum bytes however you dont have the private key for them. I think the more famous one is 1BitcoinEaterAddressDontSendf59kuE
uncoder0 6y ago
Someone is trying to communicate with the hacker using invalid addresses.
- VMG 6y ago
  not with the hacker but with the cryptocurrency community
rubatuga 6y ago
You can send BTC to any address you want
gjkhkldajghl 6y ago
Maybe I'm missing something, but I'm assuming someone is critiquing the scammer as foolish for using bitcoin instead of Monero because it is more difficult to cash out, as bitcoin is less anonymous than Monero?
- legopiece 6y ago
  Agreed. They are basically telling the scammer(s) to use a more anonymous & untraceable crypto next time, as everyone will be following the coins in that BTC wallet now, which makes it much more difficult to "launder". I guess the choice of BTC but the scammer(s) was based on its much bigger popularity relative to Monero (many people have a few satoshis somewhere, but not many have some monero lying around)
- magma17 6y ago
  using monero in a big scam is retard, not stupid.
vince14 6y ago
https://blockchair.com/bitcoin/transaction/54215bf9b24db3dbf3463f305128caa0c6ac5be8fd6e7d5d534f494855fd1689 https://blockchair.com/bitcoin/transaction/54215bf9b24db3dbf... How did you find that so quick?
- odomojuli 6y ago
  It was the top transaction block at the moment I checked!
R0b0t1 6y ago
Monero is still traceable with dust transaction analysis.
- odomojuli 6y ago
  Fascinating. I've seen political organizations using a zcash address for collecting donations, is that technically any better? I'm aware that creating bit tumblers for laundering currencies in cycles is largely out of practice now, has there been any recently development towards traceless transactions? How does is traceability compatible or incompatible with the process of verifying transactions via chaining blocks?
  - R0b0t1 6y ago
    https://www.youtube.com/watch?v=YgtF7psIKWg&feature=youtu.be&t=3701 https://www.youtube.com/watch?v=YgtF7psIKWg&feature=youtu.be... https://tokyo2018.scalingbitcoin.org/transcript/tokyo2018/how-much-privacy-is-enough https://tokyo2018.scalingbitcoin.org/transcript/tokyo2018/ho... https://arxiv.org/pdf/1704.04299/ https://arxiv.org/pdf/1704.04299/ Basically, the chaff transactions go to/from wallets actually owned by people. If you analyze enough of the chaff transactions, especially when the XMR that made them up is respent, you can deanonmyize users. This is why people recommend you do not reuse wallets often but that still does not solve the problem. Zcash I think is secure, or is per most analyses I've read.
- Exuma 6y ago
  Can you describe what that is in more detail? that’s fascinating because i thought monero was untraceable from their claims
  - R0b0t1 6y ago
    https://www.youtube.com/watch?v=YgtF7psIKWg&feature=youtu.be&t=3701 https://www.youtube.com/watch?v=YgtF7psIKWg&feature=youtu.be... https://tokyo2018.scalingbitcoin.org/transcript/tokyo2018/how-much-privacy-is-enough https://tokyo2018.scalingbitcoin.org/transcript/tokyo2018/ho... https://arxiv.org/pdf/1704.04299/ https://arxiv.org/pdf/1704.04299/ Basically, the chaff transactions go to/from wallets actually owned by people. If you analyze enough of the chaff transactions, especially when the XMR that made them up is respent, you can deanonmyize users. This is why people recommend you do not reuse wallets often but that still does not solve the problem. Zcash I think is secure, or is per most analyses I've read.
magma17 6y ago
these are vanity addresses.
Melting_Harps 6y ago
> Can anyone explain what happened in this block of transactions to me? These transactions were sent from a vanity address(es) [1], and in this case they're used to spam the recipient with implied messages, specifically about their poorly viewed scam--take it as a 'l33t' way of sending a message, hence the amount on the last tx. Another notable one was the EnjoySochi, as in the Olympics, transactions that spammed the network for a while 6 years ago [2]. 1: https://en.bitcoin.it/wiki/Vanitygen https://en.bitcoin.it/wiki/Vanitygen 2: https://bitcoin.stackexchange.com/questions/22404/why-is-enjoy-sochi-a-malicious-spam-attack https://bitcoin.stackexchange.com/questions/22404/why-is-enj...

drexlspivey 6y ago

These are bitcoin eater addresses (essentially receive only addresses), you can create addresses like these if you bruteforce the checksum bytes however you dont have the private key for them. I think the more famous one is 1BitcoinEaterAddressDontSendf59kuE

uncoder0 6y ago

Someone is trying to communicate with the hacker using invalid addresses.

VMG 6y ago
not with the hacker but with the cryptocurrency community

rubatuga 6y ago

You can send BTC to any address you want

gjkhkldajghl 6y ago

Maybe I'm missing something, but I'm assuming someone is critiquing the scammer as foolish for using bitcoin instead of Monero because it is more difficult to cash out, as bitcoin is less anonymous than Monero?

legopiece 6y ago
Agreed. They are basically telling the scammer(s) to use a more anonymous & untraceable crypto next time, as everyone will be following the coins in that BTC wallet now, which makes it much more difficult to "launder". I guess the choice of BTC but the scammer(s) was based on its much bigger popularity relative to Monero (many people have a few satoshis somewhere, but not many have some monero lying around)
magma17 6y ago
using monero in a big scam is retard, not stupid.

vince14 6y ago

https://blockchair.com/bitcoin/transaction/54215bf9b24db3dbf3463f305128caa0c6ac5be8fd6e7d5d534f494855fd1689 https://blockchair.com/bitcoin/transaction/54215bf9b24db3dbf... How did you find that so quick?

odomojuli 6y ago
It was the top transaction block at the moment I checked!

R0b0t1 6y ago

Monero is still traceable with dust transaction analysis.

odomojuli 6y ago
Fascinating. I've seen political organizations using a zcash address for collecting donations, is that technically any better? I'm aware that creating bit tumblers for laundering currencies in cycles is largely out of practice now, has there been any recently development towards traceless transactions? How does is traceability compatible or incompatible with the process of verifying transactions via chaining blocks?
- R0b0t1 6y ago
  https://www.youtube.com/watch?v=YgtF7psIKWg&feature=youtu.be&t=3701 https://www.youtube.com/watch?v=YgtF7psIKWg&feature=youtu.be... https://tokyo2018.scalingbitcoin.org/transcript/tokyo2018/how-much-privacy-is-enough https://tokyo2018.scalingbitcoin.org/transcript/tokyo2018/ho... https://arxiv.org/pdf/1704.04299/ https://arxiv.org/pdf/1704.04299/ Basically, the chaff transactions go to/from wallets actually owned by people. If you analyze enough of the chaff transactions, especially when the XMR that made them up is respent, you can deanonmyize users. This is why people recommend you do not reuse wallets often but that still does not solve the problem. Zcash I think is secure, or is per most analyses I've read.
Exuma 6y ago
Can you describe what that is in more detail? that’s fascinating because i thought monero was untraceable from their claims
- R0b0t1 6y ago
  https://www.youtube.com/watch?v=YgtF7psIKWg&feature=youtu.be&t=3701 https://www.youtube.com/watch?v=YgtF7psIKWg&feature=youtu.be... https://tokyo2018.scalingbitcoin.org/transcript/tokyo2018/how-much-privacy-is-enough https://tokyo2018.scalingbitcoin.org/transcript/tokyo2018/ho... https://arxiv.org/pdf/1704.04299/ https://arxiv.org/pdf/1704.04299/ Basically, the chaff transactions go to/from wallets actually owned by people. If you analyze enough of the chaff transactions, especially when the XMR that made them up is respent, you can deanonmyize users. This is why people recommend you do not reuse wallets often but that still does not solve the problem. Zcash I think is secure, or is per most analyses I've read.

magma17 6y ago

these are vanity addresses.

Melting_Harps 6y ago

> Can anyone explain what happened in this block of transactions to me? These transactions were sent from a vanity address(es) [1], and in this case they're used to spam the recipient with implied messages, specifically about their poorly viewed scam--take it as a 'l33t' way of sending a message, hence the amount on the last tx. Another notable one was the EnjoySochi, as in the Olympics, transactions that spammed the network for a while 6 years ago [2]. 1: https://en.bitcoin.it/wiki/Vanitygen https://en.bitcoin.it/wiki/Vanitygen 2: https://bitcoin.stackexchange.com/questions/22404/why-is-enjoy-sochi-a-malicious-spam-attack https://bitcoin.stackexchange.com/questions/22404/why-is-enj...