Bitcoin: What happens if additional BTC is sent to a source address after setting a specific transaction output?
Understand the outputs of Bitcoin transactions and directions of origin
By sending cryptocurrencies, such as Bitcoin (BTC), it is essential to understand the concepts of transaction and source addresses. In this article, we will deepen what happens when bitcoin is sent to an origin address after establishing a specific transaction output.
Transaction outputs
In Bitcoin, each transaction includes multiple exits, which are essentially “disbursements” or “amounts of spending” for different recipients. A transaction output consists of the following components:
- Output index : A unique identifier that identifies the output.
- Script firm
: A digital signature that verifies the authenticity and authorship of the result.
- Script : The real code that constitutes the output, which specifies how much of the output value each recipient or address is assigned.
Origin addresses
A source address is a unique identifier used in Bitcoin transactions to specify where the funds should be sent. When you send cryptocurrencies from one wallet to another, it is common for multiple wallets to share the same source address. This allows users to consolidate their funds in different accounts without having to transfer them manually.
additional BTC sent to the Origin Directorate
Let’s review our example with 3 addresses and a specific transaction output:
* destination (source) address : 0.1mvtbyf2p3b9g4j4c6c2x5vqdz7uxg
* Initial transaction output :
+ Script firm: 304A01E56D00CFCBE8D5D078D2E8C454B64A9DF53F1CF6F6BB35EF5F4CAEBD9
+ Script: 0x ... (encrypted script code)
* Initial output value : 1 BTC
additional BTC sent to the Origin Directorate
To send additional bitcoin (2 BTC) to the destination address, you:
- Open a new transaction output in your wallet.
- Set the output index to match the initial output index.
- Add the script firm and the script code encrypted for that specific output.
In this example, the additional 2 BTC would be assigned to the same direction of origin (0.1mvtbyf2p3b9g4j4c6c2x5vqdz7uxg) without creating a new transaction or reusing an existing one.
PROCESSING AND VERIFICATION
When you create an additional bitcoin transaction sent to the source address, it is necessary that your wallet software processes and verifies the transaction. The wallet:
- Check the script firm: Make sure the sender has correctly signed the exit.
- Validate the script code: verify that the encryption script code is valid and coincides with the expected format.
- Update the transaction output values: increase the output value for the destination address (
0.1MVTByF2P3B9G4J4C6C2X5VQDZ7uxg).
Conclusion
In conclusion, when sending additional bitcoin to an origin address after establishing a specific transaction output, it is essential to understand how the wallet software processes and verifies the transactions. Following these steps, you can ensure that your cryptocurrency funds are assigned and consolidated properly in multiple wallets.
Keep in mind that this article provides a basic understanding of Bitcoin’s concepts and does not intend to be an advice or investment orientation. Always investigate and consult with experts before making significant financial decisions in the cryptocurrency space.
