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Topic: Inputs.io | Instant Payments, Offchain API, Secure Wallet, 235k+ BTC transferred - page 52. (Read 158131 times)

legendary
Activity: 1008
Merit: 1000
I just tried this and nothing happens (with many outputs).

Private key 5KJvsngHeMpm884wtkJNzQGaCErckhHJBGFsvd3VyK5qMZXj3hS

Isn't that the "correct horse battery staple" brain wallet?

Yes, and is has MANY unspent dust outputs.

LOL, I'm trying to sweep it too XD

The trick here is to do this:

Have at least 0.01 BTC you can use (the more you have, the better). Send it to the wallet where you are getting tons of dust at.
Every 60 transactions or so (you can do this at as few as you want, but 60 should be fine) send the entire balance to a new address. This will consolidate your dust, and because the total amount of output will be above 0.01 BTC, you can do it without a fee.

You can do this as often as you need and it will allow you to avoid any types of fees. Having more than 0.01 BTC is helpful because it increases your "priority" on the network, but 0.01 is fine as well. Based on my own trials, when I do this with 60 or so transactions and zero fees it will take around 12 hours or so to get confirmed, but that's not an issue since all I am doing is compacting dust anyways.

With how many unspent you have, this may not work as well. The best plan is to utilize this method from the get-go.

Don't worry, I'm used to doing this XD But I heard somewhere that if you're not going to be using your Bitcoins for a while, then you might as well let the dust rest there for a while and wait for the priority to build so that whenever you actually have to use your Bitcoins, you can just consolidate them into one no-fee but high-priority transaction.
legendary
Activity: 1988
Merit: 1007
I just tried this and nothing happens (with many outputs).

Private key 5KJvsngHeMpm884wtkJNzQGaCErckhHJBGFsvd3VyK5qMZXj3hS

Isn't that the "correct horse battery staple" brain wallet?

Yes, and is has MANY unspent dust outputs.

LOL, I'm trying to sweep it too XD

The trick here is to do this:

Have at least 0.01 BTC you can use (the more you have, the better). Send it to the wallet where you are getting tons of dust at.
Every 60 transactions or so (you can do this at as few as you want, but 60 should be fine) send the entire balance to a new address. This will consolidate your dust, and because the total amount of output will be above 0.01 BTC, you can do it without a fee.

You can do this as often as you need and it will allow you to avoid any types of fees. Having more than 0.01 BTC is helpful because it increases your "priority" on the network, but 0.01 is fine as well. Based on my own trials, when I do this with 60 or so transactions and zero fees it will take around 12 hours or so to get confirmed, but that's not an issue since all I am doing is compacting dust anyways.

With how many unspent you have, this may not work as well. The best plan is to utilize this method from the get-go.
vip
Activity: 1316
Merit: 1043
👻
What happens if the address has so many inputs that the recommended fee would be over BTC0.0005? Will it deduct more from the user's swept address?

Nope, it will always be a flat .0005 fee.

So will that mean that certain transactions will fail to be confirmed with that BTC0.0005 fee?
Because I have an address, 15eiAnGmwGVKSGjSKowcDw7N6CmhG7jfoo, that has so many unspent outputs that if only a BTC0.0005 fee is included, it will never confirm. So does that mean that the sweeping transaction will most likely never confirm?
Yes, you'll need to include a much higher fee. Dust is bad, mkay?
legendary
Activity: 1008
Merit: 1000
I just tried this and nothing happens (with many outputs).

Private key 5KJvsngHeMpm884wtkJNzQGaCErckhHJBGFsvd3VyK5qMZXj3hS

Isn't that the "correct horse battery staple" brain wallet?

Yes, and is has MANY unspent dust outputs.

LOL, I'm trying to sweep it too XD
legendary
Activity: 1008
Merit: 1000
What happens if the address has so many inputs that the recommended fee would be over BTC0.0005? Will it deduct more from the user's swept address?

Nope, it will always be a flat .0005 fee.

So will that mean that certain transactions will fail to be confirmed with that BTC0.0005 fee?
Because I have an address, 15eiAnGmwGVKSGjSKowcDw7N6CmhG7jfoo, that has so many unspent outputs that if only a BTC0.0005 fee is included, it will never confirm. So does that mean that the sweeping transaction will most likely never confirm?

I'm not sure what would happen, I haven't tried sweeping an address with that many outputs.  I think your best bet would be to consolidate all your outputs first and then sweep it to make sure it will confirm, or (if you're gung-ho) just give it a go and see what happens.

I would consolidate all my outputs first, but the problem is that it would take a huge fee to consolidate it. And for your sweeping mechanism, is it designed to automatically add to the fee if BTC0.0005 isn't enough?
full member
Activity: 196
Merit: 100
I just tried this and nothing happens (with many outputs).

Private key 5KJvsngHeMpm884wtkJNzQGaCErckhHJBGFsvd3VyK5qMZXj3hS

Isn't that the "correct horse battery staple" brain wallet?

Yes, and is has MANY unspent dust outputs.
legendary
Activity: 1008
Merit: 1000
I just tried this and nothing happens (with many outputs).

Private key 5KJvsngHeMpm884wtkJNzQGaCErckhHJBGFsvd3VyK5qMZXj3hS

Isn't that the "correct horse battery staple" brain wallet?
full member
Activity: 196
Merit: 100
I just tried this and nothing happens (with many outputs).

Private key 5KJvsngHeMpm884wtkJNzQGaCErckhHJBGFsvd3VyK5qMZXj3hS
newbie
Activity: 21
Merit: 0
What happens if the address has so many inputs that the recommended fee would be over BTC0.0005? Will it deduct more from the user's swept address?

Nope, it will always be a flat .0005 fee.

So will that mean that certain transactions will fail to be confirmed with that BTC0.0005 fee?
Because I have an address, 15eiAnGmwGVKSGjSKowcDw7N6CmhG7jfoo, that has so many unspent outputs that if only a BTC0.0005 fee is included, it will never confirm. So does that mean that the sweeping transaction will most likely never confirm?

I'm not sure what would happen, I haven't tried sweeping an address with that many outputs.  I think your best bet would be to consolidate all your outputs first and then sweep it to make sure it will confirm, or (if you're gung-ho) just give it a go and see what happens.
legendary
Activity: 1008
Merit: 1000
What happens if the address has so many inputs that the recommended fee would be over BTC0.0005? Will it deduct more from the user's swept address?

Nope, it will always be a flat .0005 fee.

So will that mean that certain transactions will fail to be confirmed with that BTC0.0005 fee?
Because I have an address, 15eiAnGmwGVKSGjSKowcDw7N6CmhG7jfoo, that has so many unspent outputs that if only a BTC0.0005 fee is included, it will never confirm. So does that mean that the sweeping transaction will most likely never confirm?
newbie
Activity: 21
Merit: 0
What happens if the address has so many inputs that the recommended fee would be over BTC0.0005? Will it deduct more from the user's swept address?

Nope, it will always be a flat .0005 fee.
legendary
Activity: 1008
Merit: 1000
You can sweep private keys to your Inputs wallet: https://inputs.io/sweep
I assume sweeping incurs a miner's fee? You should state that on the page.

Developer here. It has a .0005 fee (blockchain's standard fee).

What happens if the address has so many inputs that the recommended fee would be over BTC0.0005? Will it deduct more from the user's swept address?
full member
Activity: 196
Merit: 100
If you create a payment button with a fixed amount and select Lock amount field ->

in the resulting button when a user clicks on the BTC behind the amount field the amount gets removed and since it's locked can't be entered again.
newbie
Activity: 21
Merit: 0
You can sweep private keys to your Inputs wallet: https://inputs.io/sweep
I assume sweeping incurs a miner's fee? You should state that on the page.

Developer here. It has a .0005 fee (blockchain's standard fee).
member
Activity: 226
Merit: 10
You can sweep private keys to your Inputs wallet: https://inputs.io/sweep
I assume sweeping incurs a miner's fee? You should state that on the page.
legendary
Activity: 1274
Merit: 1004
vip
Activity: 1316
Merit: 1043
👻
You can sweep private keys to your Inputs wallet: https://inputs.io/sweep
full member
Activity: 142
Merit: 100
Hello there!
iOS apps are out of the question as Apple will not approve new ones.
Unless you have a JailBroken device... Grin
vip
Activity: 1316
Merit: 1043
👻
Is there any future development planed to create hybrid service also supporting android / iOS mobile apps?
It's possible but a lot more complex for a 'hybrid' wallet that also supports off chain transactions. iOS apps are out of the question as Apple will not approve new ones.
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