[ANN] Bitcoin Transaction Split Script using BlockChain.info API

[Initscri]

Bitcoin Transaction Splitting Script

I recently created a script for the splitting of Bitcoin transactions based off the BlockChain.info API for cooldgamer (https://bitcointalk.org/index.php?action=profile;u=79720).

Within the middle of the messages, he requested and asked if the script could be licensed as open source; and as such, here we are! Thank you to cooldgamer for providing the bounty.

This script uses the BlockChain.info API to split Bitcoin Transactions to a Bitcoin Address based off a certain percentage.

For example, you can send 1 Bitcoin to ADDRESS1
and you can have it setup to split the transaction to send:
.4 Bitcoins to ADDRESS2 (40%)
.2 Bitcoins to ADDRESS3 (20%)
.05 Bitcoins to ADDRESS4 (5%)
.35 Bitcoins to ADDRESS5 (35%)

It works with any amount of outputs and includes fee calculation (w/ custom fee (optional)).

Obviously, a fair warning: This script is a tad bit messy. It works, but I recommend testing the script on a smaller scale before production use. It has and is being used within production for certain users already.
I am not responsible for any lost funds or any loss whatsoever by the use of this script whether in production or development.

The script is located on Github.


_{Read readme.md for installation and setup instructions.}

If you wish to be so kind to donate, you can send donations to :
16E4K1oDxefRAbLGS2Fh42C4SXgZMjeL3i

Thank you,
Initscri

[Initscri]

Also, to note. It is better to utilize allow_url_fopen within your php.ini configuration.

The script does support curl but is untested.

[BitCoinDream]

Does not blockchain.info directly offer this API for multi-send ?

[1000000]

Does not blockchain.info directly offer this API for multi-send ?

My thoughts exactly, what's wrong with just using the API directly?

Code:

https://blockchain.info/merchant/$guid/sendmany?password=$main_password&second_password=$second_password&recipients=$recipients&shared=$shared&fee=$fee

[Initscri]

Does not blockchain.info directly offer this API for multi-send ?

My thoughts exactly, what's wrong with just using the API directly?

Code:

https://blockchain.info/merchant/$guid/sendmany?password=$main_password&second_password=$second_password&recipients=$recipients&shared=$shared&fee=$fee

This script is intended to be used for callbacks.

The specific use case for the client who requested this script was to make a forwarding address. Specifically, where when a specific address receives a transaction, the amount is split and sent to multiple other addresses based on a percentage value. This whole process happening automatically and without delay (with the availability for confirmation delay).

[BelieveTheHype]

Does not blockchain.info directly offer this API for multi-send ?

My thoughts exactly, what's wrong with just using the API directly?

Code:

https://blockchain.info/merchant/$guid/sendmany?password=$main_password&second_password=$second_password&recipients=$recipients&shared=$shared&fee=$fee

This script is intended to be used for callbacks.

The specific use case for the client who requested this script was to make a forwarding address. Specifically, where when a specific address receives a transaction, the amount is split and sent to multiple other addresses based on a percentage value. This whole process happening automatically and without delay (with the availability for confirmation delay).

Hi Initscri. I recently started a project that will most probably involve using this code you have put up. If I am able to bring my project to life successfully, I shall certainly donate for your addition to the community. I also wanted to see if needed, you might have to time to help a bit more on the project itself. I am not sure as of right now if additional help is needed as I'm waiting for my developer to figure out how large scale the project will be.

Thanks
A Believer

[Initscri]

Does not blockchain.info directly offer this API for multi-send ?

My thoughts exactly, what's wrong with just using the API directly?

Code:

https://blockchain.info/merchant/$guid/sendmany?password=$main_password&second_password=$second_password&recipients=$recipients&shared=$shared&fee=$fee

This script is intended to be used for callbacks.

The specific use case for the client who requested this script was to make a forwarding address. Specifically, where when a specific address receives a transaction, the amount is split and sent to multiple other addresses based on a percentage value. This whole process happening automatically and without delay (with the availability for confirmation delay).

Hi Initscri. I recently started a project that will most probably involve using this code you have put up. If I am able to bring my project to life successfully, I shall certainly donate for your addition to the community. I also wanted to see if needed, you might have to time to help a bit more on the project itself. I am not sure as of right now if additional help is needed as I'm waiting for my developer to figure out how large scale the project will be.

Thanks
A Believer

Hi,

Awesome. I'm glad to hear it is being put to good use. As for the employment opportunity (freelance), I would happy to help. Just PM me the specifics and details of the project when you have a better understanding of the scale of the project.

Thanks,

[BelieveTheHype]

awesome.. Will def. keep you up to date.
Question. Did we figure out if there is a limit to the amount of addresses you can send it to? I heard someone mention 30, but then also read its being used in production by a few entities. So I figured I would just ask you.

-A

[Initscri]

awesome.. Will def. keep you up to date.
Question. Did we figure out if there is a limit to the amount of addresses you can send it to? I heard someone mention 30, but then also read its being used in production by a few entities. So I figured I would just ask you.

-A

I have only tested up to 15 with this script. However, the script can support as many as BlockChain.info's sendmany API will allow (which I think may be unlimited).

I'd recommend you test the script before production with an estimate of the amount of addresses you require.