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Bitcoin => Bitcoin Discussion => Topic started by: apoorvlathey on March 30, 2016, 01:33:43 PM



Title: Transaction fees
Post by: apoorvlathey on March 30, 2016, 01:33:43 PM
I know that transaction fees is required to push the transaction. While sending Bitcoins from one person to another, say A to B, the blockchain shows that X amounts of BTC's were transferred but if we subtract X from the original balance of A then the present remaining coins are different, as it has gone as fees.

The blockchain shows that Bitcoins were transferred from A to B but some amount also went to miner, but its not shown.


Title: Re: Transaction fees
Post by: ~Bitcoin~ on March 30, 2016, 01:42:35 PM
Because it is not sended in different transaction or ouput than the real value to b . So it show value sended or output value of transaction to b.


Title: Re: Transaction fees
Post by: bitdumper on March 30, 2016, 01:47:06 PM
When transaction is created we cant determine who will mine it, so miner fee is not sent to any body , miners take it during block creation.


Title: Re: Transaction fees
Post by: ronaldinho_07 on March 30, 2016, 01:49:07 PM
Well i thinked that were going to the blockchain funds to pay the core,anyway this reward gets into the new blocks? But the miners dont know that ,they mine a block and get 50 btc or these ammount is bigger because the fees ? Meaning some blocks will give 50,50btc?


Title: Re: Transaction fees
Post by: shorena on March 30, 2016, 02:22:57 PM
Well i thinked that were going to the blockchain funds to pay the core,anyway this reward gets into the new blocks?

Yes.

But the miners dont know that ,they mine a block and get 50 btc or these ammount is bigger because the fees ? Meaning some blocks will give 50,50btc?

Miners know very well how much fee each TX they confirm pays. If they mine TX that pay a total 0.5 BTC fee their reward is 25.5 btc instead of 25 BTC (50 BTC was a long time ago).