World's Most Expensive Typo…
TL;DR
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Bitcoin transaction charges permit customers to pay a premium for quicker transactions (kinda like tipping a hostess to leap the wait listing at a restaurant).
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Final Thursday, somebody despatched 55 BTC and paid 83 BTC in transaction charges…which looks like a mistake…In fiat phrases – that is $3.1 Million in transaction charges.
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The pockets that made the transaction was created simply minutes earlier than all of it came about. Which leads us to consider this particular person was dashing and made a v pricey typo.
Full Story
Having fats fingers whereas texting can get hilarious.
For instance, our author Caite Opfer not too long ago texted her mother:
“I’m at my orthodontist opponent” As an alternative of: “I’m at my orthodontist appointment” And she or he responded with “did you win?”
(Facet be aware: Mrs. Opfer seems like a strong hold)
An occasion the place fats fingers aren’t humorous, is after they end in you overpaying thousands and thousands of {dollars} on BTC transaction charges.
How does one mess up transaction funds?
Bitcoin transaction charges permit customers to pay a premium for quicker transactions.
(Kinda like tipping a hostess to leap the wait listing at a restaurant).
Final Thursday, somebody despatched 55 BTC and paid 83 BTC in transaction charges…which looks like a mistake…
In fiat phrases – that is $3.1 Million in transaction charges.
PLUS!
The pockets that made the transaction was created simply minutes earlier than all of it came about.
Which leads us to consider this particular person was dashing and made a v pricey typo.
…until they have been gunning to set the report for the biggest transaction charge ever paid in Bitcoin’s 14 yr historical past, beating a charge paid this previous Sep. at $500,000.
(Which was additionally a mistake, however was kindly refunded by the miner that obtained it)
Whether or not this one might be returned remains to be but to be seen.
AntPool, the mining pool that processed the transaction has not but printed an announcement in relation to the overpayment.
So, what is the takeaway?
Whether or not you are texting your mother, or casually sending $2M price of BTC to somebody:
All the time make sure that to proof learn earlier than you hit ‘ship.’
