Redeeming Bitcoins.

[os008]

Hi,
I noticed there's a column called "Redeemed at input" in the transaction page, e.g ...
http://blockexplorer.com/tx/f94c4b6b7ebd64a863bc73ea0349c59e7da8ecad207ec704459f496f349201ea#i418484

What does "Redeemed at input" and "Not yet redeemed" mean please?

[theymos]

Those superscript question mark links on Bitcoin Block Explorer produce help text when you hover your mouse cursor over them.

If this output has ever been redeemed, the transaction that did it is listed here.

Whenever you spend coins, you redeem one or more outputs. The output is attached to an input in the new transaction you create, and you create a new output that will be redeemed by whoever you send the coins to.
output -> input -> output -> ...

See https://en.bitcoin.it/wiki/Transactions for more info.

[os008]

Those superscript question mark links on Bitcoin Block Explorer produce help text when you hover your mouse cursor over them.

Yes, i've noticed that, thanks. I asked because i didn't understand the action of "redeeming" itself.

Whenever you spend coins, you redeem one or more outputs. The output is attached to an input in the new transaction you create, and you create a new output that will be redeemed by whoever you send the coins to.
output -> input -> output -> ...

See https://en.bitcoin.it/wiki/Transactions for more info.

First thing i did was check that link also, but seems i was too tired or something, because reading it again just now I understood it. Didn't get that "redeem" means "send to another person"; thought it meant "claim it as the owner", which made me worry i was going to lose them with time .

Thanks for the help .

[theymos]

I changed the help text to hopefully make it more clear:

If this output has ever been spent by the recipient, the transaction that did it is listed here.

[os008]

If this output has ever been spent by the recipient, the transaction that did it is listed here.

Thank you. Can't be any clearer .