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Author Topic: What is the Change adress in electrum  (Read 308 times)
charipo (OP)
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October 15, 2016, 05:28:19 AM
 #1

Hello

In the adresses panel i have 2 possibilities
1 - Receiving
2 - Change

I use up to now the adress in Receiving .... but what is the use of the adress in "Change" ?

Thanks again for your help

C.
xhomerx10
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October 15, 2016, 11:36:17 AM
 #2

Hello

In the adresses panel i have 2 possibilities
1 - Receiving
2 - Change

I use up to now the adress in Receiving .... but what is the use of the adress in "Change" ?

Thanks again for your help

C.

 You wont necessarily have the correct amount of coin you require in a given address.  The wallet will take the inputs required to approximate the value you want to transfer and the move the extra amount to a change address within your wallet.  It's not so different from fiat currency in that respect although the denominations are much more numerous.  If you had a $10 bill and wanted to buy a $5 item... you would want change right?  Same idea.
charipo (OP)
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October 16, 2016, 02:30:46 AM
 #3

hello

Thanks for the answer XHO...
Very clear tx!
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