How do I send bitcoin to multiple recipients at once? Like this. Also, I would like to know if the reason I see people do this is for privacy reasons? As when I sell items online they usually send the btc to multiple recipients at once.
Add a comment
|
You can "send to many" addresses in the same transaction, most of the wallets have options to create a transaction with multiple output addresses.
Also, I would like to know if the reason I see people do this is for privacy reasons?
There can be lot of reasons. Batching is normally done by exchanges and businesses to use bitcoin in a better way and pay less fees. I am not sure if there is any benefit related to privacy in batching except if the outputs are of similar amounts or amounts are hidden in the case of L-BTC(Liquid) confidential transactions.
Batching can save upto 80% fees by David Harding: https://bitcointechtalk.com/saving-up-to-80-on-bitcoin-transaction-fees-by-batching-payments-4147ab7009fb
Electrum:
Bitcoin Core:
Not the answer you're looking for? Browse other questions tagged wallet transaction-fees privacy or ask your own question.
Hot Network Questions
- Neural Processing Lattice Checker
- Do you have to use an instrumentation amplifier to measure voltage across a 0.01 ohm shunt?
- How do I read papers relevant to my research that are written in a language I do not know?
- Invoking constructor in 'with' statement
- Bayesian MAP Estimates
- On the notion of norm on Schwarz space
- Is there a way to count the number of pixels of each colour in a picture?
- How to put multiple -I, -L and -l flags in ./configure?
- What is the Commodore 64C "France version" and why does it need a beefy resistor?
- What is the earliest reference in fiction to a government-approved thieves guild?
- Unexpected Behavior in `Sum[a + Subscript[a, 1], {a, 1, 2}]`
- Boss is suggesting I learn the codebase in my free time
- Adding Units To Magic Numbers
- In whose symbolic shadow we stand today
- Why don't Agents take over people before they swallow the red pill?
- Why would the U.S. exclude Europe from the new Indo-Pacific security alliance?
- If Take Five is in E-Flat Minor does that mean I use the G-Flat Major Scale as the basic structure for Take Five?
- Does the FAA limit plane passengers to have no more than two carry-on luggage?
- How to plot a signal (function) on a graph (object of graph theory)
- Do the swim speeds gained from Gift of the Sea and Gift of the Depths add together?
- How to recognize local and linked Material with Python
- Was there an all-civilian space flight before Inspiration4?
- A 240V heater is wired w/ 2 hots and no neutral. What should the voltage between two hots read?
- Does it constitute murder if the attempted murder fails but the victim dies anyway as a side effect of the attacker's actions?