Create a Batch Split With Your Arizen Wallet
Batch Split method has been adjusted to be able to send from one address to many others in one transaction. This approach leads to minimized transaction fee. The confirmation time could be a bit longer in a case of many addresses.
"Batch Split" is found in the toolbar, see Figure 2.25
There are three model situations when user can use the Batch Split feature:
1. ABC model situation – User wants to send from a source address A to destination addresses B and C. On the source address there are 2 ZEN. Users sets the "Split to amounts to" 1 ZEN, see Figure 2.26. The amount of 2 ZEN is split and addresses B and C receive 1 ZEN each.
If user wants to apply this model, the source address has to be filled. Click on "From"and choose one of your addresses (it represents model address A). "SetSplit" to amounts and Transaction fee. Then choose your destination addresses (as many as you want) which represents model addresses B,C, see Figure 2.27.
Then, the amount is split and addresses B, C receive this amount, as it’s shown in the Figure 2.28.
REAL EXAMPLE WITH USED FEE:
A = 2,1
Split to amounts = 1 Fee = 0,0001
User wants to split the funds from source address A to destination addresses B, C.
Results:
B=1
C=1,0999
If the amount on the source address is not divisible without a remainder then remainder will be sent to C address (or the last one).
If user wants to apply this model, the source address has to be filled. Click on "From" and choose one of your addresses (it represents model address A). "Set Split to amounts" and "Transaction fee". Then choose your destination addresses (as many as you want) which represents model addresses B,C, see Figure 2.27.
Then, the amount is split and addresses B, C receive this amount, as it’s shown in the Figure 2.28.
REAL EXAMPLE WITH USED FEE:
A = 2,1
Split to amounts = 1 Fee = 0,0001
User wants to split the funds from source address A to destination addresses B, C.
Results:
B=1
C=1,0999
If the amount on the source address is not divisible without a reminder then reminder will be sent to C address (or the last one).
2. ABCD model situation – User wants to send from a source address A to destination addresses B, C and D. On the source address there are 10 ZEN. User wants to send some specific amount to the first two addresses and the rest would want to send to the third address. Therefore, users sets the Split to amounts to 1 ZEN. The amount of 10 ZEN is split and addresses B and C receive 1 ZEN each and address D receives the rest of ZEN from the source address (it is 8 ZEN). See scheme in the Figure 2.29.
If user wants to apply this model, the source address has to be filled. Click on "From" and choose one of your addresses (it represents model address A). "SetSplit to amounts" and "Transaction fee". Then choose your destination addresses (as many as you want) which represents model addresses B,C, D, see Figure 2.33.
Then, the amount is split and addresses B, C receive the split amount and address D receive the rest of ZEN, as it’s shown in the Figure 2.34.
3. AAB model situation – User wants to send from a source address A to a destination address B and keep the same amount on the source address Aas well. On the source address there are 2 ZENs. Users sets the Split to amounts to 1 ZEN. It’s requested to keep 1 ZEN on a source address and 1 ZEN send to a destination address. The amount of 2 ZEN is split and address A keeps 1 ZEN and B receive 1 ZEN. See schema in the Fig. 2.30.
Figure 2.25: Feature Batch Split you can find on the Tool bar.
Figure 2.26: Schema of model situation ABC. User sends 2 ZEN from a source address A and sets the Split to amounts to 1 ZEN. Addresses B and C receive 1 ZEN each.
Figure 2.27: User can use the feature Batch Split for sending from one address to another ones with one fee. In this situation it was split 0,2 ZEN into amounts of 0,1 ZEN and send from one address to two another ones.
Figure 2.28: Amount 0,2 ZEN was split and sent to the two another ones.
Figure 2.29: Schema of model situation ABCD. User sends 10 ZEN from a source address A and sets the Split to amounts to 1 ZEN. Addresses B and C receive 1 ZEN each and address D receives the rest of ZEN which is 8 ZEN.
Figure 2.30: User can use the feature Batch Split for sending from one address to another ones with one fee. In this situation it was split 0,1 ZEN into amounts of 0,025 ZEN and send from one address to three another ones.
Figure 2.31: Amount 0,1 ZEN was split and sent to the three another ones. The first two received 0,025 ZEN and the third address received the rest of ZEN (0,05 ZEN).
Figure 2.32: Schema of model situation AAB. User sends 2 ZEN from a source address A and sets the Split to amounts to 1 ZEN. Source addresses A keeps 1 ZEN and destination address B receive 1 ZEN.
Figure 2.33: User can use the feature Batch Split for sending from one address to another ones with one fee. In this situation it was split 0,1 ZEN into amounts of 0,05 ZEN and send from one source address to the same source address (to keep the split amount there) and another destination address.
Figure 2.34: Amount 0.1 ZEN was split and sent to the source and destination address. Both of them received 0.05 ZEN.
© 2020 Horizen. All rights reserved.