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Title: The secret of Bitcoin’s “change”: Understanding why bitcoin sends a transaction fee to another address
Introduction:
Bitcoin is a decentralized digital currency that allows users to send and receive transactions without the need for intermediaries such as banks. One of the key features that makes bitcoin unique is the concept of transaction fees, which are also called “change”. In this article, we will examine why bitcoin sends a transaction fee to another address compared to the address of the original sender.
Basics:
When a user wants to send bitcoins to another user in the Bitcoin network, it creates a new transaction and contains two parameters: the sender’s address (also known as “from” address) and the recipient’s address (also known as “” address). The transaction is then transmitted to the net where it is verified by nodes and is added to the blockchain.
transaction fee:
In addition to sending bitcoins, users also pay a transaction fee for processing their transactions. This fee is used to stimulate the nodes in the bitcoins network to verify the transaction and to include it in the blockchain. The transaction fee is determined by the block remuneration system, which is designed to encourage miners (software that solves complex mathematical problems) to participate in the validation of new blocks.
Why send a transaction fee to another address?
So why does bitcoin send a transaction fee to another address compared to the address of the original sender? The answer lies in the way the nodes on the transactions of the bitcoin network process and verify them against blockchain.
When the user sends bitcoins from one address to another, it actually creates more transactions. Each of these transactions requires that a separate “change” (transaction fee) be included in the transaction. However, due to a complex process known as “expenses”, some of these changes may be lost or lost during the mining process.
Expenditure:
The expenditure mechanism is designed to reduce the amount of changes that are lost during the mining process. For this purpose, the nodes on the bitcoin network use complex algorithms to identify and group multiple transactions with one change (transaction fee). These groups are then used to create a “change” of a part of the transaction.
result:
If the user wants to send bitcoins from one address to another, he may include the address of the original sender as an address “Z”, but also state that the change should be included in the transaction group. This change is then sent to the “on” address, which is the address of the recipient.
Conclusion:
Finally, Bitcoin sends its transaction fee (change) to another address compared to the address of the original sender due to the complex process of expenditure and mining. This ensures that the transaction fee is precisely assigned and can be used to motivate nodes in the Bitcoins network to participate in the validation of new blocks.
I hope this article will help you understand why bitcoin sends its transaction fees to another address. Let me know if you have any questions or need further clarification!