Timeline for Can someone explain to me how do you read the blockchain.info transaction data?
Current License: CC BY-SA 3.0
6 events
| when toggle format | what | by | license | comment | |
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| Jan 24, 2014 at 10:53 | comment | added | Zergatul | ChrisW, I described this case as a special case. Of course, in the most cases someone has private key. | |
| Jan 24, 2014 at 10:51 | comment | added | Zergatul | duckx, transactions do not work in a such way. There are no addresses with balances under the hood. It is high level abstraction. Each transaction has input and output. You are working only with them. For example: you receivce 2 BTC to addr1 (with single transaction). Now you want to send me 0.5 BTC. You must create transaction, that use output of 2 BTC as input, and has 2 outputs: 0.5 BTC for me, and 1.5 BTC - to you (as remainder). It can be the same address, or any other address from your wallet. Bitcoin-qt uses new address. Look at bitcoin wiki for details about how transactions work. | |
| Jan 24, 2014 at 1:43 | comment | added | ChrisW | You're wrong that nobody has the private keys for the right-hand addresses. Somebody does, just not the sender. If nobody had the private keys for the right hand addresses, this would be like flushing $88,117 down the drain. | |
| Jan 23, 2014 at 17:21 | comment | added | Patoshi パトシ | but why wouldn't the right side just be 1 address? I can understand when sending bitcoin from your wallet it can come from multiple addresses, but why would it go into many different ones? it should just be just the one your sending to. | |
| Dec 24, 2013 at 8:34 | history | edited | Zergatul | CC BY-SA 3.0 |
deleted 7 characters in body
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| Dec 24, 2013 at 8:29 | history | answered | Zergatul | CC BY-SA 3.0 |