Author

Topic: Help me understand this Dogecoin transaction (Read 64 times)

legendary
Activity: 2380
Merit: 5213
November 08, 2021, 08:11:05 PM
#3
As stated by Yogee in the above post, you can find so many transactions like this in dogecoin and bitcoin blockchain as well.
If you have received x transactions and you want to spend all the fund in single transaction, your transaction will include x inputs.

Note that it doesn't matter whether you have received the all the transactions in a single address or different addresses.
Even if you have received all x transactions in a single address, you still have x UTXOs.

In the transaction you are referring to, the sender has spent 34 UTXOs in a single transaction.
sr. member
Activity: 1554
Merit: 413
November 08, 2021, 06:41:21 PM
#2
I'm not too familiar with the Doge chain but a wallet can generate different addresses so this is probably coming from a single wallet provider and the owner is just consolidating them into one. You see the same type of transactions on Bitcoin with many outputs.
jr. member
Activity: 56
Merit: 5
November 08, 2021, 06:10:55 PM
#1
I was checking a few transactions online on the Dogecoin network, and I found this one:

https://blockchair.com/dogecoin/transaction/457e7bf8060f6040d571b6451a31eccab51dd919a9d98b2fa11db8f2a69a5a48

I see several sends from the same address to one single address. What's going on here? Was a single send split for some reasons in multiple smaller sends?
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