Close Menu
  • Home
  • Altcoin
  • Bitcoin
  • Crypto
  • Forex
  • Online Money
What's Hot

AI-Driven Stablecoin Cards and Autonomous Micropayments

March 3, 2026

ALEŠ LOPRAIS AND THE RED DRAGON SECURE SECOND PLACE « Blog InstaForex

March 3, 2026

BlackRock Investment Institute Overweight on US and Japanese Equities – Here’s Why

March 3, 2026
Facebook X (Twitter) Instagram
  • Altcoin
  • Bitcoin
  • Crypto
  • Forex
  • Online Money
Facebook X (Twitter) Instagram
Cointelegraphe
  • Home
  • Altcoin
  • Bitcoin
  • Crypto
  • Forex
  • Online Money
Cointelegraphe
Home»Bitcoin»Does the user not need to specify the amount in the transaction creation process as the amount is implicitly determined by the UTXOs they select?
Does the user not need to specify the amount in the transaction creation process as the amount is implicitly determined by the UTXOs they select?
Bitcoin

Does the user not need to specify the amount in the transaction creation process as the amount is implicitly determined by the UTXOs they select?

adminBy adminNovember 10, 2024No Comments2 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email


Reading this again after @amaclin’s answer, I realize that you might have indeed been asking about the input amounts rather than the output amounts. If so, you are correct. The input amounts are not explicitly specified in the transaction as they are specified by the prior transaction that created the UTXOs. A spending transaction only needs to specify which UTXOs it exactly spends, but the information about the output script and amount are already present in each node’s UTXO set.


If you were asking about output amounts, see my original answer below:

It depends on the type of transaction you are building.

If you are sweeping a wallet, consolidating into a single output or depositing several whole UTXOs to a service, you probably do not care about specifying the amount of the output. Rather, it is implicitly defined by the inputs and fees.

However, in my experience, most transactions are created to make one or multiple payments. When you make a payment transaction, you do want to send a specific amount to each receiver of the payment. Only the potential change output amount would then be determined by what remains from the inputs after deducting the payment amount and the fees.



Source link

amount creation determined implicitly Process select transaction User UTXOs
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
admin
  • Website

Related Posts

AI-Driven Stablecoin Cards and Autonomous Micropayments

March 3, 2026

Iconic Bitcoin Hackerspace Closes Downtown Location After 12 Years Due To Zoning Changes

March 1, 2026

Crypto community fears Iran choking oil supply and crashing markets, but that may be overblown

February 28, 2026

PACT is available for trading!

February 27, 2026
Add A Comment
Leave A Reply Cancel Reply

Top Insights

AI-Driven Stablecoin Cards and Autonomous Micropayments

March 3, 2026

ALEŠ LOPRAIS AND THE RED DRAGON SECURE SECOND PLACE « Blog InstaForex

March 3, 2026

BlackRock Investment Institute Overweight on US and Japanese Equities – Here’s Why

March 3, 2026

How we created an advisor that survived the pandemic and Brexit – Analytics & Forecasts – 3 March 2026

March 2, 2026
ads

Subscribe to Updates

Get the latest creative news from Cointelegraphe about Crypto, bItcoin and Altcoin.

About Us
About Us

At CoinTelegraphe, we are dedicated to bringing you the latest and most insightful news, analysis, and updates from the dynamic world of cryptocurrency. Our mission is to provide our readers with accurate, timely, and comprehensive information to help them navigate the complexities of the crypto market.

Facebook X (Twitter) Instagram Pinterest YouTube
Top Insights

AI-Driven Stablecoin Cards and Autonomous Micropayments

March 3, 2026

ALEŠ LOPRAIS AND THE RED DRAGON SECURE SECOND PLACE « Blog InstaForex

March 3, 2026

BlackRock Investment Institute Overweight on US and Japanese Equities – Here’s Why

March 3, 2026
Get Informed

Subscribe to Updates

Get the latest creative news from Cointelegraphe about Crypto, bItcoin and Altcoin.

Please enable JavaScript in your browser to complete this form.
Loading
  • About us
  • Contact Us
  • Shop
  • Privacy Policy
  • Terms and Conditions
Copyright 2024 Cointelegraphe Design By Horaam Sultan.

Type above and press Enter to search. Press Esc to cancel.