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Author Topic: UNSPENT BLOCKCHAIN  (Read 143 times)
BhieBy (OP)
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April 23, 2019, 10:18:04 AM
 #1

hi, good day.. is there anyone can help me on my problem regarding the "unspent" on blockchain?
i deposited an amount to my onfaucet.com using my coins.ph, the transaction already confirm but when i checked it on blockchain https://www.blockchain.com/btc/address/1Cmwf5pG5VeMnNbRV3rp88Sc2aXo7ED53v
please help me to resent it..  Shocked

thank u for helping me in advance 😉😉

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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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Heisenberg_Hunter
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April 23, 2019, 10:34:57 AM
 #2

You are totally confusing things here. A transaction is made up of inputs and outputs. The unspent outputs(0.0006) present in your address can be spent as input for the next transaction. You have sent 0.0006 btc to 1Cmwf5pG5VeMnNbRV3rp88Sc2aXo7ED53v which can be spent and these unspent output act as input for your next transaction.

Login to your onfaucet.com account and try to spend the money. If you do so, the unspent status will change to spent in the block explorer. It has already been confirmed and why are you trying to resend the tx which isn't possible?
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April 23, 2019, 03:56:04 PM
Last edit: April 24, 2019, 03:44:48 AM by ETFbitcoin
Merited by bones261 (1)
 #3

There's nothing wrong with the transaction/address, "Unspent" means you haven't use / spend Bitcoin you own.
It's used to identify whether the receiver/owner of the coins already use / spend that Bitcoin.

If you send your Bitcoin (from onfaucet.com) to another address, it will changed into "Spend"

TLDR : There's nothing wrong, you can use your Bitcoin normally.

Edit : Above statements are wrong if onfaucet.com is scam website / OP don't have control over his Bitcoin.

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BhieBy (OP)
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April 23, 2019, 08:33:37 PM
 #4

thank you very much..

i have another question..how will i spend it on my onfaucet.com?
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April 23, 2019, 09:16:19 PM
Last edit: November 15, 2023, 07:37:28 AM by HCP
Merited by bones261 (2), ABCbits (1), bob123 (1)
 #5

i have another question..how will i spend it on my onfaucet.com?
Unfortunately, it would appear that onfaucet.com (like most faucets) is most likely a "scam"... Looking at the basic maths of it all:

you get MAX of 500 satoshis every 15 minutes (actually random amount between 400-500) and the minimum withdrawal amount is "0.002BTC" or 200000 satoshis.
200,000 / 500 = 400 claims to meet min withdrawal amount.
400 claims * 15 minutes = 6000 minutes = 100 hrs = 4.16 days!

So, over 4 days... Assuming that you don't sleep and you click claim every 15 minutes exactly and you hit the max 500 sats every single time Undecided In reality it will take weeks to get close to the minimum withdrawal amount, by which time you've either given up... or you then find out that you cannot actually withdraw the funds.

The added bonus with this particular site is that they claim you can "earn faster" by "investing" Roll Eyes Roll Eyes To check this, I signed up with a "fake" BTC address... and surprise surprise, my "investment deposit address" is also: 1Cmwf5pG5VeMnNbRV3rp88Sc2aXo7ED53v



Which is exactly the same as yours... there is no way they can tell if I deposited money there, you did... or some other random person did.

TL;DR: You've essentially lost 0.0006 BTC by "investing" in this (scam) site. Sad Undecided


If you send your Bitcoin (from onfaucet.com) to another address, it will changed into "Spend"
No, it won't... because that address is not the OPs... it belongs to the scam faucet site.


Quote
TLDR : There's nothing wrong, you can use your Bitcoin normally.
No, they can't... because they don't control the private keys for that address and it's no longer OPs Bitcoin Undecided

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