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Author Topic: why is a transaction split up in so many parts?  (Read 964 times)
ehmdjii
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January 02, 2012, 01:32:42 PM
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so i made a transaction of 40LTC:
http://blockexplorer.sytes.net/tx/21076cb6261b84a7c299b0dc7c4069fc8dc6d666f081452096e758f25090ddaa#o1

but i do not understand why it has been split up into so many parts?

i know this is ltc and not btc, but i guess the technology is the same?

thanks!

BTC: 1LsD5HpnX1Kfyti7CnHiVB1rjUEXGqmR2H
LTC: LQbpdMZmYyJa9bJG6NweBNxkSTfgZorkrG
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Meni Rosenfeld
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January 02, 2012, 01:39:33 PM
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Presumably LWPf3ztftYMsj8bwXNAbX6n2C22atvB7Eo is the address you use to withdraw from your mining pool. Each time that you receive a payment from the pool is a separate output, they are not combined automatically. They are only combined when you use some of them for a transaction, which is exactly what happens in the linked transaction - it combines several outputs into one bigger output.

1EofoZNBhWQ3kxfKnvWkhtMns4AivZArhr   |   Who am I?   |   bitcoin-otc WoT
Bitcoil - Exchange bitcoins for ILS (thread)   |   Israel Bitcoin community homepage (thread)
Analysis of Bitcoin Pooled Mining Reward Systems (thread, summary)  |   PureMining - Infinite-term, deterministic mining bond
ehmdjii
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January 02, 2012, 01:42:18 PM
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thanks but this transaction is not related to mining or a mining pool.

it is just 40 LTC i have sent to another person at once using the official litecoinclient.

BTC: 1LsD5HpnX1Kfyti7CnHiVB1rjUEXGqmR2H
LTC: LQbpdMZmYyJa9bJG6NweBNxkSTfgZorkrG
Meni Rosenfeld
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January 02, 2012, 01:53:40 PM
 #4

thanks but this transaction is not related to mining or a mining pool.

it is just 40 LTC i have sent to another person at once using the official litecoinclient.
And where did you get these 40 LTC? Whether you got them from a mining pool or somewhere else, you got them in several separate payments. These payments need to be combined.

1EofoZNBhWQ3kxfKnvWkhtMns4AivZArhr   |   Who am I?   |   bitcoin-otc WoT
Bitcoil - Exchange bitcoins for ILS (thread)   |   Israel Bitcoin community homepage (thread)
Analysis of Bitcoin Pooled Mining Reward Systems (thread, summary)  |   PureMining - Infinite-term, deterministic mining bond
ehmdjii
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January 02, 2012, 01:57:35 PM
 #5

oh i see, thank you!

let's say i have many more LTC in my wallet than 40. how is it decided, which LTC are used for a transaction?

BTC: 1LsD5HpnX1Kfyti7CnHiVB1rjUEXGqmR2H
LTC: LQbpdMZmYyJa9bJG6NweBNxkSTfgZorkrG
Stephen Gornick
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January 03, 2012, 12:27:02 AM
 #6

let's say i have many more LTC in my wallet than 40. how is it decided, which LTC are used for a transaction?

If Litecoin is similar to bitcoin, then it will come up with a combination of coins that causes the least amount of change.  Described here:
 - http://bitcointalk.org/index.php?topic=29207.msg373800#msg373800

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