Bitcoin Forum

Other => Beginners & Help => Topic started by: DigiSoul on December 23, 2016, 06:54:01 AM



Title: bitcoin tx
Post by: DigiSoul on December 23, 2016, 06:54:01 AM
Well .. Bitcoins are to be sent and received by a single person .. How a person could receive bitcoins by several persons like in the image below .. Is this in the case of mining? This happens when i click 'show scripts and coinbase'  ???

http://imgur.com/9qunLFy


Title: Re: bitcoin tx
Post by: achow101 on December 23, 2016, 07:04:48 AM
Bitcoin transactions are not person to person. They spend from previous outputs and create outputs. Who owns those outputs does not matter so long as they are properly spent from. This means that multiple people can create a transaction that spends from their outputs (multiple people sending). You can also create a transaction that creates multiple outputs. Those outputs can be for multiple different people.


Title: Re: bitcoin tx
Post by: Velkro on December 23, 2016, 11:22:33 AM
You can also create a transaction that creates multiple outputs. Those outputs can be for multiple different people.
Can u clarify that? You can send in one transaction bitcoins to 100 people (addresses)?


Title: Re: bitcoin tx
Post by: achow101 on December 23, 2016, 03:29:33 PM
You can also create a transaction that creates multiple outputs. Those outputs can be for multiple different people.
Can u clarify that? You can send in one transaction bitcoins to 100 people (addresses)?
Yes. Bitcoin does not know what "people" are. It only knows about inputs and outputs. You can create a transaction with as many outputs as you like. Whether those outputs are for one person or multiple people does not matter. Whether they are all to the same address does not matter.


Title: Re: bitcoin tx
Post by: bryant.coleman on December 26, 2016, 06:20:31 AM
Which wallet are you using to send these coins? If you are using Blockchain.info, then there is an option to send BTC to multiple recipients from a single transaction. Before sending the coins, check the transaction fee. If you feel that the tx fee is too high, then you can go to the custom mode and manually enter a lower transaction fee.