Author

Topic: Coin Control Features! (Read 668 times)

full member
Activity: 150
Merit: 100
January 24, 2015, 07:13:30 PM
#4
Thanks so much for explaining....
legendary
Activity: 1610
Merit: 1008
Forget-about-it
January 23, 2015, 11:51:37 PM
#3
you can see the different input values for addresses you control in your wallet the inputs you control can be combined or broken apart to be used for future transactions. for pow coins you can choose your inputs so when you send a transaction it comes from a specific address you control, you can specify a specific change address where any remainder ends up when you make a transaction, and you can also select inputs which if they are over a certain size (in coins) and under a certain size (in bytes) you do not have to pay a transaction fee. for pos coins you can do all this but also keep in mind pos coins are staking and earning you more coins based on their age in your wallet. you can use the coin control features to only spend newer coins so you do not disrupt your stake weight and ensure your staking schedule is uninterrupted.

TL;DR you can avoid paying network transaction fees, specify change addresses to retain value in a vanity address, and for pos coins retain a last in first out to maintain your older coins for higher staking weight.

PS the only way i know to really screw up is put in a change address you dont control. please read up more than this short paragraph ive written if your interested before making any attempts to use these coin control features, I'm sure theres a decent writeup somewhere... Google plz k thx bye!
full member
Activity: 150
Merit: 100
January 23, 2015, 08:18:00 PM
#2
Why doesn't anyone reply?
full member
Activity: 150
Merit: 100
January 23, 2015, 06:27:40 PM
#1
Can anyone please explain, what are coin control features and How does it benefit?

Thanks
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