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If you've received 10 $1000 payments from your job in bitcoin and now want to buy a brand new $10 000 toaster, you'll have to create a transaction that has 10 i
by flashdance 9y ago
If you've received 10 $1000 payments from your job in bitcoin and now want to buy a brand new $10 000 toaster, you'll have to create a transaction that has 10 inputs and one output.
A more typical example is a miner who receives very frequent payouts from a mining pool over the course of a few months, and then wants to send all of their money to a bitcoin exchange to pay for their power.
Some people create massive transactions just to mess with the bitcoin network, too. ¯\_(ツ)_/¯
Edit: Someone lower in the comments asked why people create large transactions to mess with the network, and I don't really know for sure--some people have unknown motivations, or want to prove a political point. Some are public, and I assume some are done secretly. Here's an example of one that was public: https://multibit.org/blog/2015/06/23/bitcoin-network-stress-test.html https://multibit.org/blog/2015/06/23/bitcoin-network-stress-...
- samstave 9y ago>Some people create massive transactions just to mess with the bitcoin network, too. Why?
- deleted 9y ago[deleted]
- flashdance 9y agoI replied to you in an edit to my post... I don't really know what was going on but when I first saw your comment there was no reply button. Is that something that's normal on this site?
- samstave 9y agoIf I reply to a comment you made, there is a short time where you cannot reply to my post, I believe this is an effort to either make people read the reply post before knew-jerk replying... or to breathe for a sec and slow spamming down...
- flashdance 9y agoOh, neat! Thanks.