Author

Topic: How does one send 0.00 BTC ? (Read 1054 times)

hero member
Activity: 784
Merit: 1000
0xFB0D8D1534241423
July 15, 2012, 02:07:51 PM
#12
Such a transaction, I believe, would have a priority of 0, since priority is the product of age and size. Thus, it would certainly need to carry a fee, unless it was produced by someone who had mined a block.
legendary
Activity: 1904
Merit: 1002
July 15, 2012, 01:41:42 PM
#11
I really expected it to be Disallowed by the blockchain itself simply for "spam protection"
But yeah i can see how it could be useful

It would likely need a transaction fee attached for it to actually be mined in any reasonable time.
legendary
Activity: 1904
Merit: 1002
July 15, 2012, 11:53:51 AM
#10
Could you provide an example use case?

It's used in hashcoin's payment channels protocol. Miners will need to do it in 100+ years when blocks have no subsidy (if there are no fees). You can use it for tracking an asset without tying up BTC: the asset is represented by the 0-BTC output, and sending this 0-value output to someone (also valid) transfers the asset. You can use it for storing data in the block chain without tying up BTC.

Thanks
administrator
Activity: 5222
Merit: 13032
July 15, 2012, 02:41:58 AM
#9
Could you provide an example use case?

It's used in hashcoin's payment channels protocol. Miners will need to do it in 100+ years when blocks have no subsidy (if there are no fees). You can use it for tracking an asset without tying up BTC: the asset is represented by the 0-BTC output, and sending this 0-value output to someone (also valid) transfers the asset. You can use it for storing data in the block chain without tying up BTC.
legendary
Activity: 1904
Merit: 1002
July 15, 2012, 01:25:18 AM
#8
It is legal to send 0 BTC, but the bitcoin.org client doesn't support sending such transactions. This is useful in some cases.

Could you provide an example use case?
administrator
Activity: 5222
Merit: 13032
July 14, 2012, 03:25:49 PM
#7
It is legal to send 0 BTC, but the bitcoin.org client doesn't support sending such transactions. This is useful in some cases.
legendary
Activity: 1904
Merit: 1002
July 14, 2012, 03:16:39 PM
#6
blockchain.info rounds to two decimal points, bitcoin has eight decimal places.

ah so it might be cut off ? so might be 0.001 ?

Yep, anything less than 0.005 would show up as 0.00
sr. member
Activity: 300
Merit: 250
BitcoinStarter.com Support Account
July 14, 2012, 03:13:43 PM
#5
blockchain.info rounds to two decimal points, bitcoin has eight decimal places.

ah so it might be cut off ? so might be 0.001 ?
sr. member
Activity: 300
Merit: 250
BitcoinStarter.com Support Account
July 14, 2012, 03:13:20 PM
#4
Link to the transaction? Your ID is cut off.

I suspect it's not 0 BTC, but rather just such a small number that it doesn't show up.

I don't know I caught it on the transaction scroll bar on blockchain  captured it Tongue so ..it wasn't mine..
legendary
Activity: 1904
Merit: 1002
July 14, 2012, 03:08:05 PM
#3
blockchain.info rounds to two decimal points, bitcoin has eight decimal places.
newbie
Activity: 32
Merit: 0
July 14, 2012, 03:07:37 PM
#2
Link to the transaction? Your ID is cut off.

I suspect it's not 0 BTC, but rather just such a small number that it doesn't show up.
sr. member
Activity: 300
Merit: 250
BitcoinStarter.com Support Account
July 14, 2012, 02:57:18 PM
#1
I was just on the blockchain.info website and noticed this transaction:
or better yet why?



How does one send 0.00 BTC ?
Jump to: