send bitcoin to mutiple address with one time fee

bapparabi

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Quote from: btccashacc on August 16, 2015, 10:52:04 PM

Quote from: bapparabi on August 16, 2015, 10:13:01 PM

Thank you for showing this screenshot ..

can you tell now what will be fee for all

i mean if i send to 100 address ..

will i have to pay 1000 satoshi X 100 Huh

or how the the transaction fee will be calculated for this block of address ??

if you use normal fee = 10.000 satosi
if you sen to 100 address so fee for 1 adress only 100satosi

i hope that can help you

So is the any restriction on fee on any wallet that you have to pay the minimum or some thing ..right now i am using blockchain.info

btccashacc

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Quote from: bapparabi on August 16, 2015, 10:13:01 PM

Thank you for showing this screenshot ..

can you tell now what will be fee for all

i mean if i send to 100 address ..

will i have to pay 1000 satoshi X 100 Huh

or how the the transaction fee will be calculated for this block of address ??

if you use normal fee = 10.000 satosi
if you sen to 100 address so fee for 1 adress only 100satosi

i hope that can help you

DannyHamilton

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Activity: 3528

Merit: 4945

Quote from: bapparabi on August 16, 2015, 10:43:42 PM

My OMG ..this quite confusing ..can you suggest which wallet is better you whcih one you use ..so all this will be done simple ..not so complicated ..

Personally, I use Bitcoin Core (or Bitcoin XT).

With coin control features turned on, you can see the transaction size and adjust the fee. With coin control features turned off, the wallet does an excellent job of computing a reasonable fee to make sure that the transaction is confirmed quickly without paying excessive unnecessary fees.

Unfortunately, those are "full node" wallets, so they require you to have enough disk space to store the entire blockchain (approximately 40 gigabytes) as well as enough internet bandwidth, CPU power, and enough RAM.

I'm not sure what sort of fee control you have in the other popular lightweight (SPV) wallets: Electrum, and MultiBit. You'd have to investigate them (and other possibilities) yourself.

bapparabi

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Quote from: DannyHamilton on August 16, 2015, 10:38:32 PM

Quote from: bapparabi on August 16, 2015, 10:25:20 PM

how can be possible to find what will be size of my transaction in " (bytes) " so that i can decide the fee Huh

You can stop using blockchain.info and switch to a wallet that has less bugs and security issues, and which either does a better job of calculating fees on its own or gives you transaction size information to make it easier for you to make a decision about fees.

If you insist on using blockchain.info, then you'll need to figure out how many previously unspent outputs (UTXO) are being used as inputs in the transaction, and how many new outputs the transaction will create. You'll also need to figure out if your blockchain.info wallet is using compressed key addresses or uncompressed key addresses.

Every transaction has an initial 10 bytes of information.
Each UTXO that was received by you at an uncompressed key addresses and which you include as an input to the transaction will add between 179 and 181 bytes to the transaction. If you just assume that it adds 181 bytes, then at least you won't send too small of a fee.
Each UTXO that was received by you at a compressed key addresses and which you include as an input to the transaction will add between 147 and 149 bytes to the transaction. If you just assume that it adds 149 bytes, then at least you won't send too small of a fee.
Each output that your transaction creates will add another 34 bytes to the transaction.

Add up all the bytes, and then round up to the next kilobyte higher (if you truncate or round down then your fee may end up being too small).

My OMG ..this quite confusing ..can you suggest which wallet is better you whcih one you use ..so all this will be done simple ..not so complicated ..

DannyHamilton

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Activity: 3528

Merit: 4945

Quote from: bapparabi on August 16, 2015, 10:25:20 PM

how can be possible to find what will be size of my transaction in " (bytes) " so that i can decide the fee Huh

You can stop using blockchain.info and switch to a wallet that has less bugs and security issues, and which either does a better job of calculating fees on its own or gives you transaction size information to make it easier for you to make a decision about fees.

If you insist on using blockchain.info, then you'll need to figure out how many previously unspent outputs (UTXO) are being used as inputs in the transaction, and how many new outputs the transaction will create. You'll also need to figure out if your blockchain.info wallet is using compressed key addresses or uncompressed key addresses.

Every transaction has an initial 10 bytes of information.
Each UTXO that was received by you at an uncompressed key addresses and which you include as an input to the transaction will add between 179 and 181 bytes to the transaction. If you just assume that it adds 181 bytes, then at least you won't send too small of a fee.
Each UTXO that was received by you at a compressed key addresses and which you include as an input to the transaction will add between 147 and 149 bytes to the transaction. If you just assume that it adds 149 bytes, then at least you won't send too small of a fee.
Each output that your transaction creates will add another 34 bytes to the transaction.

Add up all the bytes, and then round up to the next kilobyte higher (if you truncate or round down then your fee may end up being too small).

bapparabi

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Activity: 826

Merit: 1000

Quote from: DannyHamilton on August 16, 2015, 10:16:56 PM

Quote from: bapparabi on August 16, 2015, 10:13:01 PM

- snip -
how the the transaction fee will be calculated for this block of address ??

I'm not certain what the blockchain.info policy is on fees for transactions created with their wallet.

If you don't like their fee policy, you can always switch to a wallet that supports a fee policy that you do agree with.

In general, I try to pay at least 0.00001 BTC (1000 satoshi) per 1000 bytes.

The number of bytes in a single transaction depends on the structure of your wallet.

how can be possible to find what will be size of my transaction in " (bytes) " so that i can decide the feee Huh

DannyHamilton

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Activity: 3528

Merit: 4945

Quote from: bapparabi on August 16, 2015, 10:13:01 PM

- snip -
how the the transaction fee will be calculated for this block of address ??

I'm not certain what the blockchain.info policy is on fees for transactions created with their wallet.

If you don't like their fee policy, you can always switch to a wallet that supports a fee policy that you do agree with.

In general, I try to pay at least 0.00001 BTC (1000 satoshi) per 1000 bytes.

The number of bytes in a single transaction depends on the structure of your wallet.

bapparabi

hero member

Activity: 826

Merit: 1000

Thank you for showing this screenshot ..

can you tell now what will be fee for all

i mean if i send to 100 address ..

will i have to pay 1000 satoshi X 100 Huh

or how the the transaction fee will be calculated for this block of address ??

DannyHamilton

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Activity: 3528

Merit: 4945

Quote from: bapparabi on August 16, 2015, 09:47:18 PM

Quote from: btccashacc on August 16, 2015, 09:34:57 PM

Quote from: bapparabi on August 16, 2015, 09:29:26 PM

- snip -
How can i send bitcoin to multiple bitcoin address in one time in one single translation
- snip -

- snip -
which wallet you use to send your bitcoin ?
- snip -

I use http://blockchain.info/

bapparabi

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Activity: 826

Merit: 1000

Quote from: btccashacc on August 16, 2015, 09:34:57 PM

yes u can do it
you can send your bitcoin to more address
which wallet you use to send your bitcoin ?

https://www.google.com/webhp?sourceid=chrome-instant&ion=1&espv=2&ie=UTF-8#q=bitcoin+send+to+multiple+addresses+site:bitcointalk.org

I use http://blockchain.info/

btccashacc

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Activity: 1120

Merit: 1000

yes u can do it
you can send your bitcoin to more address
which wallet you use to send your bitcoin ?

https://www.google.com/webhp?sourceid=chrome-instant&ion=1&espv=2&ie=UTF-8#q=bitcoin+send+to+multiple+addresses+site:bitcointalk.org

bapparabi

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Activity: 826

Merit: 1000

Bitcointalk user i have to know how this can be done ??

How can i send bitcoin to multiple bitcoin address in one time in one single translation so that i don't have to pay fee for every translation as it will cost me very high as for one translation its i 1000 satoshi ..so if i have 10 address ..thing how much i have to pay ..so instead paying fee ever time can it be possible to pay just once for all transaction i do .. And one time fee ..

or if you can see tell me i have any option to pay less fee

Hope for Solution to my query

Topic: send bitcoin to mutiple address with one time fee (Read 1213 times)