Bitcoin Core - Receiving & Sending Adresses ?

Madness

hero member

Activity: 644

Merit: 500

My goal is becaming a billionaire.

Quote from: shorena on February 23, 2015, 01:06:41 PM

Quote from: Madness on February 23, 2015, 12:57:10 PM

-snip-
Not sure if I got it right, so to confirm I got another question
Basically if now I send (I have nothing on Sending Adresses window) , what Adress is doing to be used or with other meaning ..what Adress will I see on the Blockchain Transaction ? Totally new one generated ?

~ Madess

Lets say you received funds (e.g. 2000 BTC) on address A in the past. A will be listed with your other addresses under "receiving addresses". If you now want to send to someone else the "send" interface asks for an address ("pay to:"), a label and an amount. Lets say you enter my address B the label "shorena's address" and amount 1000 BTC (id really like that Wink

). You set the fee and all that and hit send. What you would see on blockchain or other blockexplorers is a transaction

Code:

A -> B (1000.000 000 00 BTC)
-> C ( 999.999 900 00 BTC)

but the actual transaction has no "from" address. I guess thats where the confusion is. Even though blockexplorers show it like this, transactions have no "sending address" where the BTC come from. A transaction refers to another transaction. The 999.9999 is your change (minus the fee) and that will be send to an address that is newly generated for you (C).

Oh now I got it , you are really good at explaning stuff , thanks mate Grin

I really appreciate it .
Who knows , maybe I will give you that amount of BTC when I become rich Roll Eyes

~ Madness

shorena

copper member

Activity: 1498

Merit: 1528

No I dont escrow anymore.

Quote from: Madness on February 23, 2015, 12:57:10 PM

-snip-
Not sure if I got it right, so to confirm I got another question
Basically if now I send (I have nothing on Sending Adresses window) , what Adress is doing to be used or with other meaning ..what Adress will I see on the Blockchain Transaction ? Totally new one generated ?

~ Madess

Lets say you received funds (e.g. 2000 BTC) on address A in the past. A will be listed with your other addresses under "receiving addresses". If you now want to send to someone else the "send" interface asks for an address ("pay to:"), a label and an amount. Lets say you enter my address B the label "shorena's address" and amount 1000 BTC (id really like that Wink

). You set the fee and all that and hit send. What you would see on blockchain or other blockexplorers is a transaction

Code:

A -> B (1000.000 000 00 BTC)
-> C ( 999.999 900 00 BTC)

but the actual transaction has no "from" address. I guess thats where the confusion is. Even though blockexplorers show it like this, transactions have no "sending address" where the BTC come from. A transaction refers to another transaction. The 999.9999 is your change (minus the fee) and that will be send to an address that is newly generated for you (C).

Madness

hero member

Activity: 644

Merit: 500

My goal is becaming a billionaire.

Quote from: shorena on February 23, 2015, 12:54:50 PM

Quote from: Madness on February 23, 2015, 12:45:47 PM

Hi,

I setuped up lately Bitcoin Core for the first (was using Electrum and Multibit before) so I'am not that familliar with this new wallet .
Alright so :

File => Receiving Adress => They are basically the adresses you use them to use BTC so give them to the sender, pretty simple
File => Sending Adresses => That's my question , I got no adresses there , so I will able to send Bitcoin without having any adresses there or not ? How should I add one there anyway ? and if I send BTC (letting the sending adresses Empty) what Adress is going to be used by default to send coins ?

It's sort of confusing for me really . thanks
~ Madness

Sending addresses is like an address book where the addresses from others you used in the past are kept. When you use send you can add a label. The label and the address will show via "sending addresses"

Not sure if I got it right, so to confirm I got another question
Basically if now I send (I have nothing on Sending Adresses window) , what Adress is doing to be used or with other meaning ..what Adress will I see on the Blockchain Transaction ? Totally new one generated ?

~ Madess

shorena

copper member

Activity: 1498

Merit: 1528

No I dont escrow anymore.

Quote from: Madness on February 23, 2015, 12:45:47 PM

Hi,

I setuped up lately Bitcoin Core for the first (was using Electrum and Multibit before) so I'am not that familliar with this new wallet .
Alright so :

File => Receiving Adress => They are basically the adresses you use them to use BTC so give them to the sender, pretty simple
File => Sending Adresses => That's my question , I got no adresses there , so I will able to send Bitcoin without having any adresses there or not ? How should I add one there anyway ? and if I send BTC (letting the sending adresses Empty) what Adress is going to be used by default to send coins ?

It's sort of confusing for me really . thanks
~ Madness

Sending addresses is like an address book where the addresses from others you used in the past are kept. When you use send you can add a label. The label and the address will show via "sending addresses"

Madness

hero member

Activity: 644

Merit: 500

My goal is becaming a billionaire.

Hi,

I setuped up lately Bitcoin Core for the first (was using Electrum and Multibit before) so I'am not that familliar with this new wallet .
Alright so :

File => Receiving Adress => They are basically the adresses you use them to use BTC so give them to the sender, pretty simple
File => Sending Adresses => That's my question , I got no adresses there , so I will able to send Bitcoin without having any adresses there or not ? How should I add one there anyway ? and if I send BTC (letting the sending adresses Empty) what Adress is going to be used by default to send coins ?

It's sort of confusing for me really . thanks
~ Madness

Topic: Bitcoin Core - Receiving & Sending Adresses ? (Read 2356 times)