I've been viewing the transactions I've made on blockchain.info, and I'm a little confused on what I am looking at. I guess there are parts of the bitcoin protocol that I don't undersand completely.
For example, the transaction 49d43691e1c001dd627116fd8dd3854e9c4531c5f5be19628f0a0d39a4444882
which you can see at:
https://blockchain.info/tx/49d43691e1c001dd627116fd8dd3854e9c4531c5f5be19628f0a0d39a4444882Show one input, that is my wallet, and two outputs, one of 0.4 to the address I sent 0.4 to, but it also shows 0.0836985 going to 1LLzHZAjQLGrGR5PLfnTNGxfTrB7pxbU6Q.
What is that all about? For the "estimated BTC transacted" amount it shows 0.4 which is correct.
So my question is, what is that other address for? Who owns? Where did that amount come from? And why is the amount only "estimated" by blockchain, shouldn't it know the exact amount?
Looking at all my transactions, it seems there are other addresses involved that are not my addresses, nor are they the addresses I've sent to.
Can someone explain to me how bitcoin transactions are recorded? I must be confused. Thanks.