Why did the Bitcoin-QT wallet split a transaction sending bitcoin to myself?

Berghoff

newbie

Activity: 28

Merit: 0

Quote from: cp1 on May 28, 2014, 09:57:57 PM

You need to send all the bitcoins you received in a particular transaction at once. So at some point you got 0.8483 BTC all at once, and to spend 0.02 you have to spend it all. So it sent 0.02 to your friend and 0.8283 back to yourself.

Thanks. This makes sense.

C.Steven

hero member

Activity: 633

Merit: 500

Quote from: Berghoff on May 28, 2014, 09:55:39 PM

Back in Dec I sent a small amount (.02 BTC) to two different addresses, a few bucks to a friend and a few to my android wallet. These were sent from my Bitcoin-QT wallets.

I was looking at these today, picking apart the wallet.dat file and noticed that when those transactions occurred, the blockchain had recorded transactions like the following:

MyAddress -> FriendsAddress (.02 BTC)
-> AnReservedAddressInMyBTCWallet (.8283 BTC)

and

MyAddress -> MyAndroidWallet (.02 BTC)
-> AnotherReservedAddressInMyBTCWallet (2.43 BTC)

What is up with this?

It is the change. https://en.bitcoin.it/wiki/Change

Quote from: tsm on May 29, 2014, 12:19:13 AM

I`m waiting on a bitcoin and its been over 1hr... is it cause I`m using a bad wallet?

It could be due to poor tx propagation, tx fee to low , presence of dust outputs, non-standard tx, etc.
We can take a look at it if you give us the tx id.

dariuss

member

Activity: 77

Merit: 10

Quote from: tsm on May 29, 2014, 12:19:13 AM

Oh really? Besides this paying back to yourself thing. On bitcoin qt, does anyone know any other reliable wallets?

I`m waiting on a bitcoin and its been over 1hr... is it cause I`m using a bad wallet?

Has the bitcoin show a confirmation? Mine took long as well, but it needs 1 confirmation.. at least..to show updated balance..

tsm

full member

Activity: 137

Merit: 100

Oh really? Besides this paying back to yourself thing. On bitcoin qt, does anyone know any other reliable wallets?

I`m waiting on a bitcoin and its been over 1hr... is it cause I`m using a bad wallet?

jonnybravo0311

legendary

Activity: 1344

Merit: 1024

Mine at Jonny's Pool

It's working exactly as it should. X number of transactions contribute to the total Y you send. If X is larger than the amount you want to send, you will get X-Y back.

cp1

hero member

Activity: 616

Merit: 500

Stop using branwallets

You need to send all the bitcoins you received in a particular transaction at once. So at some point you got 0.8483 BTC all at once, and to spend 0.02 you have to spend it all. So it sent 0.02 to your friend and 0.8283 back to yourself.

Berghoff

newbie

Activity: 28

Merit: 0

Back in Dec I sent a small amount (.02 BTC) to two different addresses, a few bucks to a friend and a few to my android wallet. These were sent from my Bitcoin-QT wallets.

I was looking at these today, picking apart the wallet.dat file and noticed that when those transactions occurred, the blockchain had recorded transactions like the following:

MyAddress -> FriendsAddress (.02 BTC)
-> AnReservedAddressInMyBTCWallet (.8283 BTC)

and

MyAddress -> MyAndroidWallet (.02 BTC)
-> AnotherReservedAddressInMyBTCWallet (2.43 BTC)

What is up with this?

Topic: Why did the Bitcoin-QT wallet split a transaction sending bitcoin to myself? (Read 792 times)