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Coin Distribution from 1 Wallet to Many - Possible?
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Topic: Coin Distribution from 1 Wallet to Many - Possible? (Read 74 times)
Zempa
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MoonRunner.io
Coin Distribution from 1 Wallet to Many - Possible?
January 10, 2018, 03:01:15 AM
#1
I am looking for someone who can setup an ERC20 Smart Contract that would enable someone to send a sum of ERC20 coins to one address, and have those coins distributed evenly among 500 to 1500 different addresses.
Would this be possible?
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TommyZ
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Re: Coin Distribution from 1 Wallet to Many - Possible?
January 10, 2018, 09:59:58 AM
#2
The functionality you are asking for would be possible just not the way you want it to work. That amount of data saved during one transaction would cost between 2.5m - 30m gas. Given the fact that block has 8m gas limit, any transaction above 500 people would potentially go out of gas.
The way to do it is to make users collect their coins instead. "Pull instead of push". So you run single transaction setting up some data and requirements for splitting and then users can claim the token.
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