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8421  Bitcoin / Bitcoin Discussion / Re: What's with this odd generation? on: February 12, 2010, 08:31:52 AM
There's a small transaction fee for very large transactions.  (usually over 10,000 bc)  The node that generates the block that contains the transaction gets the fee.

The fee is based on the KB size of the transaction and intended to compensate the network for the resources used to process it.

If the same money gets sent again, it won't incur the fee again because it'll be small.  The first time they're bundling hundreds of 50 bc coins together.  After that it's just one line to send the combined unit.

Does the sending client send more BitCoins to account for the fee (so the recipient gets what he's expecting)? Why couldn't someone just send 1000 small transactions to bypass fees?
8422  Bitcoin / Bitcoin Discussion / What's with this odd generation? on: February 10, 2010, 06:31:40 PM
I thought BitCoin only generated in 50 coin increments, but I got 50.44 here.

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