1/16 🧵 I found out how to bypass the 'Only 1 token per transaction' rule in #CNFT drops and was able to buy Billions of $Hosky using ONE transaction (no bots). And I am going to tell you how. Read to the end. This may change how mints are done. RT to raise awareness. #Cardano
2/16 I have not only tested this with $Hosky Tokens. But with 5 more #CNFT projects that are minting right now. And for all of them I was successful in getting multiple tokens using one single transaction (Even for one faucet that states you can only use it once per wallet).
3/16 Many people dont know that thanks to eUTXO model in #Cardano, you can make transactions with multiple outputs. That means that you can send x ADA to one address, and y ADA to another address, and z ADA to another address... And all this in a single transaction.
4/16 For some reason that I can not understand, wallets like Daedalus, Yoroi or Nami dont have this functionality integrated. And we as users can only send one transaction at a time. So we can just add one output (one Address and the ADA we want to send).
5/16 But... the code is there, so anyone with the knowledge can actually make transactions with multiple outputs. And... this where I got an idea. What happens if I make a transaction to an adress, but i split it into multiple outputs? (all outputs being the same address)
6/16 Minting machines (MM) are not looking for transactions to later send the #CNFTs back. They look for outputs (utxos). So with this parallelization approach, I can 'cheat' the MM, so they think they recieved 150 txs when I actually sent one single tx with 150 outputs.
7/16 So this is what I did. I developed the code with the parallelization approach. I integrated NamiWallet in my webiste (still not in production). And I used Nami to sign and send the transactions.
8/16 Here you have an example of a simple transaction and a parallelized transaction. Both of them are theoretically the same. You send 5 ADA to an address. But in the first case the reciever wallet gets 1 output (utxo) and in the second one the wallet recieves 5 outputs.
9/16 Here you can see the tool I developed. Just need to put the recipient addr, the nº of ADA to send in each output, and the nº of outputs. In Nami, as it doesnt have this approach integrated, it seems you are sending a simple transaction of 300 ADA to one address. But...
10/16 When you sign and send the transaction and you go to CardanoScan, you can see a 300 ADA tx, but splitted into 150 outputs of 2 ADA each. And this is how I was able to 'cheat' the $Hosky Token minting machine, believing I sent 150 transactions when in fact it was one.
11/16 This is not only for $Hosky Token. I tested also with a few more projects. And I was successful in all of them. One transaction. Many outputs. Many #CNFTs into my wallet.
12/16 You could think this is the same of making a bot. But no. This is a much more efficient way of sending/getting multiple tokens as you only make one transaction (only 1 fee), instead of the thousands of transactions that bots make, congesting the network.
13/16 So with this approach we achieve to: 1. Get multiple tokens with only one tx (time saving & fee saving) 2. Bypass the Only one CNFT per tx/wallet rule 3. Efficiently use the network avoiding congestion (If bots used this approach, there would be less congestion issues)
14/16 Why am I disclosing this instead of using the tool in my favor for every #CNFT drop? Cardano is about Descentralization. Transparency. Community. Helping each other. Building together. And I think everyone here should know about this approach to send transactions.
15/16 If you are the developer of a minting machine, you may want to add this parallelization approach to mint and send your #CNFTs. And if you are a collector, you may want to use this tool to get the maximum nº of assets with the least effort. Win/Win for all and the Network.
So I just give this thread here for the community to debate. I hope you have enjoyed reading. I will open source the 'Build parallelized transaction' code and also integrate it into my webiste so everyone can use this tool with their own Nami Wallets. Have a nice day :)
@ChessCardano @UnrollThread
@CardanoNoodz What's up? ,
unrollthread.com/t/146317936227…
@UnrollThread heyo @ChessCardano awesome thread. this link is to read it all in one webpage like a blog, and can be even downloaded as PDF. thanks for sharing and have added it to the Cardano Archives of 2021 in my noodle kitchen 💝
unrollthread.com/t/146317936227…
@CardanoNoodz @UnrollThread hey thanks! I didnt know that existed 😅
