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How Did He Broadcast 99,100 Fake Bitcoins In One Transaction - Printable Version

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How Did He Broadcast 99,100 Fake Bitcoins In One Transaction - Light3r - Oct 28, 2019

Hello Hackforum

I saw a video of someone that broadcasted 99,100 unconfirmed bitcoins in one blockchain transaction.

I'm unable to post link, i could have posted the YouTube video link here.

How was this possible. I thought bitcoin was unhackable or was this some kind of exploit or javascript?

Guru's in the forum should please comment answers because i have searched on google and i came up with nothing useful.

So i decided to post my question here.

Thank you in advance

Light3r


RE: How Did He Broadcast 99,100 Fake Bitcoins In One Transaction - SIM-4086413 - Oct 28, 2019

How about sharing the link without https or www so we know what you are talking about..


RE: How Did He Broadcast 99,100 Fake Bitcoins In One Transaction - Boomer - Oct 28, 2019

Yeah what the above user said, please share the link so we can know what exactly you’re talking about.


RE: How Did He Broadcast 99,100 Fake Bitcoins In One Transaction - jebb - Oct 28, 2019

You can broadcast anything you want to the blockchain. Doesn't mean it will get verified.


RE: How Did He Broadcast 99,100 Fake Bitcoins In One Transaction - Omniscient - Oct 28, 2019

Broadcasting a fake transaction won't verify from the nodes. And then after 3 days I believe they get dropped.

Here are example transactions that are rejected.

https://www.blockchain.com/btc/rejected


RE: How Did He Broadcast 99,100 Fake Bitcoins In One Transaction - Light3r - Oct 29, 2019

Hi

Thanks for showing interest and i hope you will be able to explain the method he used to broadcast this huge volume of fake bitcoins in one transaction after watching this video. Here is the link to the video =>

youtube . com / watch?v=2NFMMNXyHNE


(Oct 28, 2019 10:51 AM)Magaddino Wrote:  How about sharing the link without https or www so we know what you are talking about..


Thanks for your answer and blockchain link. I will be forever grateful if you can explain how to broadcast 99,100 fake bitcoins in one transaction?


[quote='Omniscient' pid='59096855' dateline='1572318579']
Broadcasting a fake transaction won't verify from the nodes. And then after 3 days I believe they get dropped.  

Here are example transactions that are rejected.


RE: How Did He Broadcast 99,100 Fake Bitcoins In One Transaction - ririki - Oct 29, 2019

(Oct 29, 2019 12:19 AM)Light3r Wrote:  Hi

Thanks for showing interest and i hope you will be able to explain the method he used to broadcast this huge volume of fake bitcoins in one transaction after watching this video. Here is the link to the video =>

youtube . com / watch?v=2NFMMNXyHNE

Very likely just a scam or virus to get money from you.


RE: How Did He Broadcast 99,100 Fake Bitcoins In One Transaction - Kill Joy - Oct 29, 2019

(Oct 29, 2019 12:18 PM)ririki Wrote:  Very likely just a scam or virus to get money from you.

Didn’t watch the video but I am assuming a user was either:

1. Attempting a dust attack
2. Deanonymizing addresses

Pretty common occurrences with such transactions.


RE: How Did He Broadcast 99,100 Fake Bitcoins In One Transaction - Silkroad - Oct 29, 2019

(Oct 29, 2019 12:19 AM)Light3r Wrote:  Hi

Thanks for showing interest and i hope you will be able to explain the method he used to broadcast this huge volume of fake bitcoins in one transaction after watching this video. Here is the link to the video =>

youtube . com / watch?v=2NFMMNXyHNE

You see where it says Pending? That means the transaction is not confirmed yet (and never will be in this case).


RE: How Did He Broadcast 99,100 Fake Bitcoins In One Transaction - Light3r - Oct 29, 2019

Thanks for your comment but NO, this is not a dust attack or Deanonymizing addresses. Try and watch the video



(Oct 29, 2019 12:57 PM)Kill Joy Wrote:  Didn’t watch the video but I am assuming a user was either:

1. Attempting a dust attack
2. Deanonymizing addresses

Pretty common occurrences with such transactions.


Yes, i saw the pending status and that's my question (How Did He Broadcast 99,100 Fake Bitcoins In One Transaction?)


(Oct 29, 2019 01:50 PM)Adidas Wrote:  You see where it says Pending? That means the transaction is not confirmed yet (and never will be in this case).



RE: How Did He Broadcast 99,100 Fake Bitcoins In One Transaction - Kill Joy - Oct 29, 2019

(Oct 29, 2019 06:34 PM)Light3r Wrote:  Thanks for your comment but NO, this is not a dust attack or Deanonymizing addresses. Try and watch the video





Yes, i saw the pending status and that's my question (How Did He Broadcast 99,100 Fake Bitcoins In One Transaction?)

You can create whatever you want in a raw transaction and go ahead and broadcast it or use a 3rd party to broadcast it. It’s fake and will be rejected.


RE: How Did He Broadcast 99,100 Fake Bitcoins In One Transaction - Light3r - Oct 30, 2019

Thank you so much for your answer. I never thought of this before.

So which software / site can be used to create raw transaction and broadcast it for free without having bitcoins because i wasn't able to create a raw transaction for free without having any bitcoin for payment?


(Oct 29, 2019 07:48 PM)Kill Joy Wrote:  You can create whatever you want in a raw transaction and go ahead and broadcast it or use a 3rd party to broadcast it. It’s fake and will be rejected.


Hi Hackforums

Waiting for answers from you guys....

Your comments are highly appreciated.

Thanks in advance


RE: How Did He Broadcast 99,100 Fake Bitcoins In One Transaction - jebb - Nov 1, 2019

(Oct 30, 2019 06:30 AM)Light3r Wrote:  So which software / site can be used to create raw transaction and broadcast it for free without having bitcoins because i wasn't able to create a raw transaction for free without having any bitcoin for payment?

This doesn't make sense, how can you create a transaction without btc? You have to have at least 1 satoshi to create a transaction


RE: How Did He Broadcast 99,100 Fake Bitcoins In One Transaction - Kill Joy - Nov 1, 2019

(Oct 30, 2019 06:30 AM)Light3r Wrote:  Thank you so much for your answer. I never thought of this before.

So which software / site can be used to create raw transaction and broadcast it for free without having bitcoins because i wasn't able to create a raw transaction for free without having any bitcoin for payment?




Hi Hackforums

Waiting for answers from you guys....

Your comments are highly appreciated.

Thanks in advance

https://stackoverflow.com/questions/38493893/heres-how-to-send-raw-transaction-btc-using-bitcoin-cli-command


RE: How Did He Broadcast 99,100 Fake Bitcoins In One Transaction - Light3r - Nov 2, 2019

I'm as confused as you are because I also thought one must have at least 1 satoshi to create a transaction

(Nov 1, 2019 02:14 AM)jebb Wrote:  This doesn't make sense, how can you create a transaction without btc? You have to have at least 1 satoshi to create a transaction


Thank you so much for the link. It was very helpful, insightful and an eye opener.

Why did Satoshi Nakamoto code bitcoin to allow invalid coins to be broadcasted and later removed from blockchain history?

Which other altcoins allows invalid coins to be broadcasted and later removed from their network?

(Nov 1, 2019 06:37 AM)Kill Joy Wrote:  bitcoind - Here's how to send raw transaction BTC using Bitcoin-cli command - Stack Overflow