Why is the 'Estimated BTC Transacted' referring to just one of the multiple outputs?Can the outputs of...
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Why is the 'Estimated BTC Transacted' referring to just one of the multiple outputs?
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I recently started learning about bitcoins and came by this transaction. Here there are multiple outputs so if we consider one of them to be the change received by the sender then why is the 'Estimated BTC Transacted' only summing up to one of the output values? What happens to the rest of the outputs?
transactions blockchain utxo
asked 2 days ago
Anshu JalanAnshu Jalan
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Anshu Jalan is a new contributor to this site. Take care in asking for clarification, commenting, and answering.
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I recently started learning about bitcoins and came by this transaction. Here there are multiple outputs so if we consider one of them to be the change received by the sender then why is the 'Estimated BTC Transacted' only summing up to one of the output values? What happens to the rest of the outputs?
transactions blockchain utxo
asked 2 days ago
Anshu JalanAnshu Jalan
83 bronze badges
New contributor
Anshu Jalan is a new contributor to this site. Take care in asking for clarification, commenting, and answering.
Check out our Code of Conduct.
add a comment |
I recently started learning about bitcoins and came by this transaction. Here there are multiple outputs so if we consider one of them to be the change received by the sender then why is the 'Estimated BTC Transacted' only summing up to one of the output values? What happens to the rest of the outputs?
transactions blockchain utxo
asked 2 days ago
Anshu JalanAnshu Jalan
83 bronze badges
New contributor
Anshu Jalan is a new contributor to this site. Take care in asking for clarification, commenting, and answering.
Check out our Code of Conduct.
I recently started learning about bitcoins and came by this transaction. Here there are multiple outputs so if we consider one of them to be the change received by the sender then why is the 'Estimated BTC Transacted' only summing up to one of the output values? What happens to the rest of the outputs?
transactions blockchain utxo
transactions blockchain utxo
asked 2 days ago
Anshu JalanAnshu Jalan
83 bronze badges
New contributor
Anshu Jalan is a new contributor to this site. Take care in asking for clarification, commenting, and answering.
Check out our Code of Conduct.
asked 2 days ago
Anshu JalanAnshu Jalan
83 bronze badges
New contributor
Anshu Jalan is a new contributor to this site. Take care in asking for clarification, commenting, and answering.
Check out our Code of Conduct.
asked 2 days ago
Anshu JalanAnshu Jalan
83 bronze badges
New contributor
Anshu Jalan is a new contributor to this site. Take care in asking for clarification, commenting, and answering.
Check out our Code of Conduct.
asked 2 days ago
Anshu JalanAnshu Jalan
83 bronze badges
asked 2 days ago
Anshu JalanAnshu Jalan
83 bronze badges
83 bronze badges
New contributor
Anshu Jalan is a new contributor to this site. Take care in asking for clarification, commenting, and answering.
Check out our Code of Conduct.
New contributor
Anshu Jalan is a new contributor to this site. Take care in asking for clarification, commenting, and answering.
Check out our Code of Conduct.
add a comment |
add a comment |
1 Answer
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It's a best effort guess made by blockchain.com, has little relevance, is not particularly accurate, and should not be used for any meaningful analysis. It has no impact on the transaction, and is not part of the Bitcoin protocol.
It is somewhat accurate for very simple transactions, but breaks down for larger ones, and ones that utilize more recent anti-tracking approaches such as randomized outputs, sending change to an address of the same type as the other address being payed, etc.
answered 2 days ago
Raghav SoodRaghav Sood
9,1612 gold badges12 silver badges29 bronze badges
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1 Answer
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1 Answer
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active
oldest
votes
active
oldest
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active
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votes
It's a best effort guess made by blockchain.com, has little relevance, is not particularly accurate, and should not be used for any meaningful analysis. It has no impact on the transaction, and is not part of the Bitcoin protocol.
It is somewhat accurate for very simple transactions, but breaks down for larger ones, and ones that utilize more recent anti-tracking approaches such as randomized outputs, sending change to an address of the same type as the other address being payed, etc.
answered 2 days ago
Raghav SoodRaghav Sood
9,1612 gold badges12 silver badges29 bronze badges
add a comment |
It's a best effort guess made by blockchain.com, has little relevance, is not particularly accurate, and should not be used for any meaningful analysis. It has no impact on the transaction, and is not part of the Bitcoin protocol.
It is somewhat accurate for very simple transactions, but breaks down for larger ones, and ones that utilize more recent anti-tracking approaches such as randomized outputs, sending change to an address of the same type as the other address being payed, etc.
answered 2 days ago
Raghav SoodRaghav Sood
9,1612 gold badges12 silver badges29 bronze badges
add a comment |
It's a best effort guess made by blockchain.com, has little relevance, is not particularly accurate, and should not be used for any meaningful analysis. It has no impact on the transaction, and is not part of the Bitcoin protocol.
It is somewhat accurate for very simple transactions, but breaks down for larger ones, and ones that utilize more recent anti-tracking approaches such as randomized outputs, sending change to an address of the same type as the other address being payed, etc.
answered 2 days ago
Raghav SoodRaghav Sood
9,1612 gold badges12 silver badges29 bronze badges
It's a best effort guess made by blockchain.com, has little relevance, is not particularly accurate, and should not be used for any meaningful analysis. It has no impact on the transaction, and is not part of the Bitcoin protocol.
It is somewhat accurate for very simple transactions, but breaks down for larger ones, and ones that utilize more recent anti-tracking approaches such as randomized outputs, sending change to an address of the same type as the other address being payed, etc.
answered 2 days ago
Raghav SoodRaghav Sood
9,1612 gold badges12 silver badges29 bronze badges
answered 2 days ago
Raghav SoodRaghav Sood
9,1612 gold badges12 silver badges29 bronze badges
answered 2 days ago
Raghav SoodRaghav Sood
9,1612 gold badges12 silver badges29 bronze badges
answered 2 days ago
Raghav SoodRaghav Sood
9,1612 gold badges12 silver badges29 bronze badges
9,1612 gold badges12 silver badges29 bronze badges
add a comment |
add a comment |
Anshu Jalan is a new contributor. Be nice, and check out our Code of Conduct.
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