Change address - Revision history

Slackjore: updated name

2019-01-21T18:05:37Z

updated name

Punqtured: 4 revisions imported

2019-01-19T22:19:55Z

4 revisions imported

Slackjore: rewrote

2018-04-07T19:17:24Z

rewrote

Slackjore: added tonych post on coin selection, plus comment

2018-04-05T17:14:04Z

added tonych post on coin selection, plus comment

Slackjore: added a section on multiple payees with version 2.2

2018-03-20T21:50:12Z

added a section on multiple payees with version 2.2

Slackjore: copypasta

2018-03-09T23:32:08Z

copypasta

New page

Where did my coins go? A simplified explanation.

==The problem==
If you have 100,500 bytes in wallet address A, and make a payment from it of 20,000 bytes to someone else at address P, this happens:

*20,000 bytes goes to P
*500 bytes fee goes to wherever
*80,000 bytes moves to B, another address in your wallet
*'''0 bytes stay in A.'''

This is normal for cryptos. So if you have 1.005 BTC in wallet address A, and make a payment from it of 0.200 BTC to someone else at address P, this happens:

*0.200 BTC goes to P
*0.005 BTC fee goes to wherever
*0.800 BTC moves to B, another address in your wallet
*'''0 BTC stay in A.'''

These fresh addresses automatically generated by the wallet are called *change addresses*.

==Solutions==
Usually this wallet behavior doesn't matter. But it does matter when you want to keep funds on a single address, "A" in the above examples, say for the next Byteball airdrop.

The [[chatbot#Transition_bot|transition bot]] wants proof that you own the bitcoins at the address you just gave to it. You can either make a small payment to the bitcoin address the bot gives (which will move your bitcoins), or sign a message using the bitcoin address's private key.

===Return to sender===

*Copy the bitcoin address the bot has confirmed as the linked address
*Use your bitcoin wallet to send all your coins to that address
*Don't spend any bitcoins from that wallet until after the airdrop.

===Sign a message===

Exactly how to do that is outside the scope of this article. It's easy enough to look up online. Signing a message requires your wallet to be able to do that. Some work, some don't. Known workable ones are:

====Hardware wallets====

*Trezor<ref>https://trezor.io/</ref>
*Nano Ledger S<ref>https://www.ledgerwallet.com/products/ledger-nano-s</ref>

====Software wallets====

*Electrum<ref>https://electrum.org/#home</ref>
*Mycelium (on Android)<ref>https://wallet.mycelium.com/</ref>

==Confirmations==
If you have 100,500 coins in A, at the exact moment you send 20,000 to P the remaining 80,000 go into limbo until the A --> B transaction confirms. You can't spend any from B yet because it has zero spendable coins until after the transaction confirms.

If you have other funded addresses in your wallet you can spend those, but if all your funds start on one address then it's "no go" for a while.

===Solution===
If this is a problem, don't keep all your funds on one address. Maybe have more than one wallet. In Byteball, you can create
another one by Main menu > Add wallet. Maybe a "Savings" wallet you use little, and a "Spending" one with far less coins in it
to play around with.
==More accurately==
An example from https://explorer.byteball.org/#H5EZTQE7ABFH27AUDTQFMZIALANK6RBG:

'''H5EZTQE7ABFH27AUDTQFMZIALANK6RBG''' 
253 bytes 
'''Definition''' ▶ 
'''Unspent''' ▼ 
BANbCJ3YozQc7uRzofx7t2ZJAvC0EsCIxpdIm0ynHdM= (28 bytes) 
u1xa15o0QGC6MVw1chSaU443NLmOFjoKiTXAVi6z860= (30 bytes) 
Nd9VsUTNmfZN2KWPB8RNOkdsYN710kjxNuSXP09731I= (195 bytes)

Here, the 253 bytes balance is composed of three unspent inputs from three previous transactions (28+30+195 = 253).

Ignoring transaction fees, if you were to spend 20 bytes from that address, one of those inputs would be affected as described above while the other two would not. So you could actually make three small unconfirmed transactions before the whole H5EZ... address would become unavailable.

'''NOTE''': This particular address, picked at random from the explorer, is a [[witness]] address, so the amounts are tiny compared to normal MB or GB transactions.

==External links==

==References==
<references />

[[Category:Browse]]

@@ Line 49: / Line 49: @@
 ===Solution===
-If this is a problem, don't keep all your funds on one address. Maybe have more than one wallet. In Byteball, you can create
+If this is a problem, don't keep all your funds on one address. Maybe have more than one wallet. In Byteball, you can create another one by Main menu > Add wallet. Maybe a "Savings" wallet you use little, and a "Spending" one with far less coins in it to play around with.
 another one by Main menu > Add wallet. Maybe a "Savings" wallet you use little, and a "Spending" one with far less coins in it
 ==More accurately==
 An example from https://explorer.byteball.org/#H5EZTQE7ABFH27AUDTQFMZIALANK6RBG:
@@ Line 70: / Line 69: @@
 ===Simple solution===
-From wallet version 2.2, you can send to multiple payees (up to 120) in one transaction. The multiple payees can all be the same address. So simply copy the address of the wallet you want to stock up with bytes for transaction fees -- and the main payloads too, of course -- and in one transaction send as many as you need to. If you allow 1000 bytes for one transaction fee, then this might be 10 payments of 5000 bytes (plus the payloads) to cover a few small meet-ups; it might be 20 payments of 1 MB to fund a bot. It all depends on your needs. And all in one transaction!
+From platform version 2.2, you can send to multiple payees (up to 120) in one transaction. So open the Receive tab of the wallet you will be using, copy/paste the address into a document; generate a new Receive address, copy/paste it on a new line in that document; and repeat 10 or 20 times. If you want to send 10KB to each (and that wallet's units are set to KB), paste these in, with a comma after the payment address and a new line (Enter) after the amount. For example:<br />
 ===Coin selection===
@@ Line 78: / Line 86: @@
 This was prompted by someone who had sent 20x 10,000 bytes to the same address to cover transaction fees. Later, he made a 95,000 byte payment and the wallet used 10 of those 10,000 byte payments to pay it.
-So, in preparation for being able to make 20 rapid transactions, you might want to use 20 separate addresses in the same wallet and send (say) 10,000 bytes to each, rather than 20x 10,000 bytes to the same address.
+So, use separate addresses to be safe.
 ==External links==

@@ Line 71: / Line 71: @@
 ===Simple solution===
 From wallet version 2.2, you can send to multiple payees (up to 120) in one transaction. The multiple payees can all be the same address. So simply copy the address of the wallet you want to stock up with bytes for transaction fees -- and the main payloads too, of course -- and in one transaction send as many as you need to. If you allow 1000 bytes for one transaction fee, then this might be 10 payments of 5000 bytes (plus the payloads) to cover a few small meet-ups; it might be 20 payments of 1 MB to fund a bot. It all depends on your needs. And all in one transaction!
 ==External links==

@@ Line 19: / Line 19: @@
 ==Solutions==
-Usually this wallet behavior doesn't matter. But it does matter when you want to keep funds on a single address, "A" in the above examples, say for the next Byteball airdrop.
+Usually this wallet behavior doesn't matter. But it does matter when you want to keep funds on a single address, "A" in the above examples, such as for the next Obyte airdrop.
 The [[chatbot#Transition_bot|transition bot]] wants proof that you own the bitcoins at the address you just gave to it. You can either make a small payment to the bitcoin address the bot gives (which will move your bitcoins), or sign a message using the bitcoin address's private key.
@@ Line 49: / Line 49: @@
 ===Solution===
-If this is a problem, don't keep all your funds on one address. Maybe have more than one wallet. In Byteball, you can create another one by Main menu > Add wallet. Maybe a "Savings" wallet you use little, and a "Spending" one with far less coins in it to play around with.
+If this is a problem, don't keep all your funds on one address. Maybe have more than one wallet. In Obyte, you can create another one by Main menu > Add wallet. Maybe a "Savings" wallet you use little, and a "Spending" one with far less coins in it to play around with.
 ==More accurately==
-An example from https://explorer.byteball.org/#H5EZTQE7ABFH27AUDTQFMZIALANK6RBG:
+An example from https://explorer.obyte.org/#H5EZTQE7ABFH27AUDTQFMZIALANK6RBG:
 '''H5EZTQE7ABFH27AUDTQFMZIALANK6RBG'''<br />
@@ Line 62: / Line 62: @@
 Nd9VsUTNmfZN2KWPB8RNOkdsYN710kjxNuSXP09731I= (195 bytes)
-Here, the 253 bytes balance is composed of three unspent transaction ooutputs (UTXOs) from three previous transactions (28+30+195 = 253).
+Here, the 253 bytes balance is composed of three unspent transaction outputs (UTXOs) from three previous transactions (28+30+195 = 253).
 Ignoring transaction fees, if you were to spend 20 bytes from that address, one of those inputs would be affected as described above while the other two would not. So you could actually make three small unconfirmed transactions before the whole H5EZ... address would become unavailable.

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