11–20 of 156 posts
Obviously I am missing something on this. How do you direct the transaction fee to a specific miner? I thought it just went out there for anyone to process. If you can, why don't people just direct all their transaction fees at their own mining operation or a friend they trust?
This reminds me of a similar error from 2005[1] where a trader mistook the "price" and "quantity" fields of the trading software. Instead of selling 1 share for 610,000 yen, 610,000 shares were sold for 1 yen. The mistake cost around $225 million. [1] http://www.foxnews.com/story/2005/12/09/typing-error-causes-...
This reminds me of a similar error from 2005[1] where a trader mistook the "price" and "quantity" fields of the trading software. Instead of selling 1 share for 610,000 yen, 610,000 shares were sold for 1 yen. The mistake cost around $225 million. [1] http://www.foxnews.com/story/2005/12/09/typing-error-causes-...
Obviously I am missing something on this. How do you direct the transaction fee to a specific miner? I thought it just went out there for anyone to process. If you can, why don't people just direct all their transaction fees at their own mining operation or a friend they trust?
Obviously I am missing something on this. How do you direct the transaction fee to a specific miner? I thought it just went out there for anyone to process. If you can, why don't people just direct all their transaction fees at their own mining operation or a friend they trust?
I'd really like to find a good tool for exploring the graph of transactions. Most of the funding of the account that lost all the money have a similar pattern where a couple BTC is peeled off at each step and the majority goes forward in the chain till it all pools at 1QgTYzMYqStzZBQx8gguYaJQMjFRbagbh and gets spent. I wonder if thats just what TradeBTC transactions look like.
Obviously I am missing something on this. How do you direct the transaction fee to a specific miner? I thought it just went out there for anyone to process. If you can, why don't people just direct all their transaction fees at their own mining operation or a friend they trust?
The problem (and the reason this really isn't a useful money-laundering method) is that people watch incoming transactions and blocks, and if a block is mined including a transaction that was not seen previously, it's a strong indication that there's collusion going on.
Obviously I am missing something on this. How do you direct the transaction fee to a specific miner? I thought it just went out there for anyone to process. If you can, why don't people just direct all their transaction fees at their own mining operation or a friend they trust?