Post
Topic
Board Economics
Re: When to "move the decimal points" ?
by
Xav
on 31/01/2014, 22:43:46 UTC
Code:
* Example: 0104835800816115944e077fe7c803cfa57f29b36bf87c1d358bb85e
 *          <><><--------------------------------------------><---->
 *          |  \                  |                             /
 *    version   code             vout[1]                  height
 *
 *    - version = 1
 *    - code = 4 (vout[1] is not spent, and 0 non-zero bytes of bitvector follow)
 *    - unspentness bitvector: as 0 non-zero bytes follow, it has length 0
 *    - vout[1]: 835800816115944e077fe7c803cfa57f29b36bf87c1d35
 *               * 8358: compact amount representation for 60000000000 (600 BTC)
 *               * 00: special txout type pay-to-pubkey-hash
 *               * 816115944e077fe7c803cfa57f29b36bf87c1d35: address uint160
 *    - height = 203998
 *
 *
 * Example: 0109044086ef97d5790061b01caab50f1b8e9c50a5057eb43c2d9563a4eebbd123008c988f1a4a4de2161e0f50aac7f17e7f9555caa486af3b
 *          <><><--><--------------------------------------------------><----------------------------------------------><---->
 *         /  \   \                     |                                                           |                     /
 *  version  code  unspentness       vout[4]                                                     vout[16]           height
 *
 *  - version = 1
 *  - code = 9 (coinbase, neither vout[0] or vout[1] are unspent,
 *                2 (1, +1 because both bit 2 and bit 4 are unset) non-zero bitvector bytes follow)
 *  - unspentness bitvector: bits 2 (0x04) and 14 (0x4000) are set, so vout[2+2] and vout[14+2] are unspent
 *  - vout[4]: 86ef97d5790061b01caab50f1b8e9c50a5057eb43c2d9563a4ee
 *             * 86ef97d579: compact amount representation for 234925952 (2.35 BTC)
 *             * 00: special txout type pay-to-pubkey-hash
 *             * 61b01caab50f1b8e9c50a5057eb43c2d9563a4ee: address uint160
 *  - vout[16]: bbd123008c988f1a4a4de2161e0f50aac7f17e7f9555caa4
 *              * bbd123: compact amount representation for 110397 (0.001 BTC)
 *              * 00: special txout type pay-to-pubkey-hash
 *              * 8c988f1a4a4de2161e0f50aac7f17e7f9555caa4: address uint160
 *  - height = 120891

https://github.com/bitcoin/bitcoin/blob/master/src/coins.h

Also, miners "earn" a fixed (predefined; 25 at this moment) amount of BTC and fees are charged depended on fractions of 1 BTC and a few other conditions.