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Author Topic: Questions regarding transaction  (Read 311 times)
Taytrader (OP)
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October 07, 2017, 09:58:24 PM
 #1

I sent 50 BTC from one of my hardware wallets to another one of my hardware wallets. Everything transacted just fine, but when I look up my transaction ID on blockcypher.com, all sorts of addresses and amounts show up. Will someone please explain all these to me? Back in the day, if I sent a BTC from one of my wallets to another, it just showed 1 sending address and 1 receiving address. Now I see all sorts of weird stuff.

Transaction ID= 07b9520df4a5081118ca2170741dc0d85fe56cf5b54f44d7bdc6fc1ab94e3a7a

Why are there 13 inputs? Why are there 2 outputs totaling 88 BTC? For a minute I thought the 2 outputs totaled up to the amount of BTC in the sending wallet, but my sending wallet has 95 BTC in it, not 88. Please help me understand all of this.

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October 07, 2017, 10:11:15 PM
 #2

Sounds like you need to read this: https://en.bitcoin.it/wiki/Coin_analogy

And this: https://en.bitcoin.it/wiki/Change

You attempted to send 50 BTC, but your biggest UTXO looks to have been 49.99915808 BTC, so your wallet added in extra inputs to make up a total of over 50... Not sure why it needed to use another 12 inputs when pretty much any of the other ones with would have been plenty for 50+fee! Possibly some weird glitch in the UTXO selection algorithm that your wallet is using?? Huh

Anyway, it totalled up 88+ BTC, but you only wanted 50, so it put the remaining 38 into a change address in your wallet...

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Taytrader (OP)
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October 07, 2017, 10:16:27 PM
 #3

That's exactly the information I was looking for, but could not find it. Thanks for the links.
chimcoin
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October 08, 2017, 03:34:46 AM
 #4

Always double check your information before sending because that's big one if you loose such amount of btc.
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