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Author Topic: Transaction fees  (Read 350 times)
apoorvlathey (OP)
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March 30, 2016, 01:33:43 PM
 #1

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.

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March 30, 2016, 01:42:35 PM
 #2

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.

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March 30, 2016, 01:47:06 PM
 #3

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.

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March 30, 2016, 01:49:07 PM
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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?
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March 30, 2016, 02:22:57 PM
 #5

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).

Im not really here, its just your imagination.
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