I knew you guys would have an answer for us.
Thanks!
Topic: Block chain info question. (Read 4066 times)
I am just curious as to what this other transaction is. I've only done a couple of transactions and I've never seen something like this before so I am just wondering why it shows another transaction on this ID.
Thanks for the clarification
Thanks for the clarification
Just to clarify, I didn't actually get the extra BTC, I got the 50, I am just wondering why the extra transaction is on this transaction ID
It's normal - that is a "change" transaction - since an input must be completely spent, the remainder is sent back to the sender's wallet, but to a new 'change' address.
The block chain confirms you sent 50 BTC.
On edit:
The "extra" tx is the change back to the sender. He only had an input worth 51.588. In Bitcoin you have to spend an entire input.
Input:
Unspent output worth 51.588
Output:
50 BTC to you
1.588 BTC back to him.
Input - Output = 0 (so no fee to the poor miners)
Input >= Output so tx is valid.
Also tx don't have to be only to one destination. If he owed you 50 BTC and me 5 BTC he could have made a tx like this:
Input:
Unspent output(s) worth 56.00
Output:
50 BTC to you
5 BTC to me
0.995 BTC BTC back to him.
Total: 55.995 BTC
Input - Output = 0.005 (fee to miners)
Input >= Output so tx is valid.
On edit:
The "extra" tx is the change back to the sender. He only had an input worth 51.588. In Bitcoin you have to spend an entire input.
Input:
Unspent output worth 51.588
Output:
50 BTC to you
1.588 BTC back to him.
Input - Output = 0 (so no fee to the poor miners)
Input >= Output so tx is valid.
Also tx don't have to be only to one destination. If he owed you 50 BTC and me 5 BTC he could have made a tx like this:
Input:
Unspent output(s) worth 56.00
Output:
50 BTC to you
5 BTC to me
0.995 BTC BTC back to him.
Total: 55.995 BTC
Input - Output = 0.005 (fee to miners)
Input >= Output so tx is valid.
Just to clarify, I didn't actually get the extra BTC, I got the 50, I am just wondering why the extra transaction is on this transaction ID
http://blockchain.info/tree/8930499
I sent Jake 50 BTC for two 5850s.
He got 51.588 when I sent 50.
I most certainly did not over pay lol I tried to talk him down a BTC or two since the price of BTC went up .30 since we closed our deal.
He thinks its a fee or he thinks I sent it extra to him. Trying to tell him I am not in this business to give free coins.
Can anyone explain what this is telling us?
Thanks.
Status: 3/unconfirmed, broadcast through 6 nodes
Date: 6/13/2012 11:21
To: Jake 1EKqx63zdoUumUE2NxW9Hfn5yafp2s4fu1
Debit: -50.00 BTC
Net amount: -50.00 BTC
Transaction ID: cbb52f167e10c965778fa7df442a68b0e16bb83ca290596895d36eab63c93eb5
http://blockchain.info/tree/8930499
^^^ Block Chain
I sent Jake 50 BTC for two 5850s.
He got 51.588 when I sent 50.
I most certainly did not over pay lol I tried to talk him down a BTC or two since the price of BTC went up .30 since we closed our deal.
He thinks its a fee or he thinks I sent it extra to him. Trying to tell him I am not in this business to give free coins.
Can anyone explain what this is telling us?
Thanks.
Status: 3/unconfirmed, broadcast through 6 nodes
Date: 6/13/2012 11:21
To: Jake 1EKqx63zdoUumUE2NxW9Hfn5yafp2s4fu1
Debit: -50.00 BTC
Net amount: -50.00 BTC
Transaction ID: cbb52f167e10c965778fa7df442a68b0e16bb83ca290596895d36eab63c93eb5
http://blockchain.info/tree/8930499
^^^ Block Chain
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