1 thought on “hand of fatima jewelry wholesale How to calculate Bitcoin transactions trading fees”
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wholesale jewelry rack How to calculate the transaction fee and refer to the following. 1. Generally a common Bitcoin transaction consists of one input and two outputs (transaction output and change output), about 200 bytes. If the default charging is 0, 0001 Bitcoin per 1000 bytes, then the fee for a Bitcoin transfer is about 0, 001-0, and 002 bitcoin. However, when a single input is not enough to pay the output, the above -mentioned multiple transaction input composition does not use the problem of unused output, and its data volume will increase. However, the more complicated the unused transaction output, the more bytes that need to be processed, and the higher the processing cost. 2. In the basic agreement of Bitcoin, there is no specific amount of the Bitcoin transaction fee, but the total amount input in the address is not less than the total output, that is, the total amount of Bitcoin in your wallet must be greater than the transfer amount than the transfer amount. The sum of the amount of handling fee. This is a good understanding. You only have 10 yuan, and you need to charge a fee of 1 yuan for 10 yuan, which means that you spend 11 yuan, 10-11 = -1, so this transaction cannot be completed naturally. 3, Bitcoin transaction costs are determined by factors such as transaction data and the number of transactions. Bitcoin follows the UTXO model, and each transaction contains several transaction input and transaction output. In fact, the composition of each unused transaction output depends on your transaction input. When you need to transfer one Bitcoin to another address, you may contain five 0, 2 Bitcoin or ten Bitcoin in your transaction input.
wholesale jewelry rack How to calculate the transaction fee and refer to the following.
1. Generally a common Bitcoin transaction consists of one input and two outputs (transaction output and change output), about 200 bytes. If the default charging is 0, 0001 Bitcoin per 1000 bytes, then the fee for a Bitcoin transfer is about 0, 001-0, and 002 bitcoin. However, when a single input is not enough to pay the output, the above -mentioned multiple transaction input composition does not use the problem of unused output, and its data volume will increase. However, the more complicated the unused transaction output, the more bytes that need to be processed, and the higher the processing cost.
2. In the basic agreement of Bitcoin, there is no specific amount of the Bitcoin transaction fee, but the total amount input in the address is not less than the total output, that is, the total amount of Bitcoin in your wallet must be greater than the transfer amount than the transfer amount. The sum of the amount of handling fee. This is a good understanding. You only have 10 yuan, and you need to charge a fee of 1 yuan for 10 yuan, which means that you spend 11 yuan, 10-11 = -1, so this transaction cannot be completed naturally.
3, Bitcoin transaction costs are determined by factors such as transaction data and the number of transactions. Bitcoin follows the UTXO model, and each transaction contains several transaction input and transaction output. In fact, the composition of each unused transaction output depends on your transaction input. When you need to transfer one Bitcoin to another address, you may contain five 0, 2 Bitcoin or ten Bitcoin in your transaction input.