Author

Topic: What is the Change adress in electrum (Read 318 times)

newbie
Activity: 38
Merit: 0
October 15, 2016, 09:30:46 PM
#3
hello

Thanks for the answer XHO...
Very clear tx!
legendary
Activity: 3808
Merit: 7912
October 15, 2016, 06:36:17 AM
#2
Hello

In the adresses panel i have 2 possibilities
1 - Receiving
2 - Change

I use up to now the adress in Receiving .... but what is the use of the adress in "Change" ?

Thanks again for your help

C.

 You wont necessarily have the correct amount of coin you require in a given address.  The wallet will take the inputs required to approximate the value you want to transfer and the move the extra amount to a change address within your wallet.  It's not so different from fiat currency in that respect although the denominations are much more numerous.  If you had a $10 bill and wanted to buy a $5 item... you would want change right?  Same idea.
newbie
Activity: 38
Merit: 0
October 15, 2016, 12:28:19 AM
#1
Hello

In the adresses panel i have 2 possibilities
1 - Receiving
2 - Change

I use up to now the adress in Receiving .... but what is the use of the adress in "Change" ?

Thanks again for your help

C.
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