2.6 - Batch Split

Owned by Spencer Whetstone (Unlicensed)
Last updated: Jul 31, 2019 by Ruben Elizondo (Unlicensed)

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Original Content by Tigger on September 5, 2018

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Create a Batch Split With Your Arizen Wallet


For simplicity of example, we used a zero fee in figures, for real world use, we strongly recommend using the standard 0.0001 ZEN fee.


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 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 selected. Click on "From" and choose one of your addresses (representing model address A). Set "Split to amounts" and 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 shown in Figure 2.28.


EXAMPLE WITH FEE:

A = 2.1

"Split to amounts" = 1 minus the "Transaction fee" = 0.0001

User wants to split the funds from source address A to destination addresses B, C.

Results:

B=1

C=1.0999

NOTE: 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).


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 be sent to the third address. Therefore, user 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 (8 ZEN). See scheme in the Figure 2.29.

  • If user wants to apply this model, the source address has to be selected. Click on "From" and choose one of your addresses (representing model address A). Set values for "Split to amounts" and "Transaction fee". Then choose your destination addresses (as many as you want), which represents model addresses B, C, D, see Figure 2.30. 

  • Then, the amount is split and addresses B, C receive the split amount and address D receive the remainder of the ZEN, as shown in Figure 2.31.


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 A as well. On the source address, there are 2 ZEN. Users sets the "Split to amounts" to 1 ZEN. It’s selected to keep 1 ZEN on a source address and 1 ZEN to be sent to the destination address. The amount of 2 ZEN is split and address A keeps 1 ZEN and B receives 1 ZEN. See scheme in the Figure 2.32.

  • If user wants to apply this model, the source address has to be selected. Click on "From" and choose one of your addresses (it represents model address A).

  • Set "Split to amounts" and "Transaction fee". Then choose your source address A and destination address (as many as you want) which represents model address B, see Figure 2.33.

  • Then, the amount is split and addresses A keeps the split amount, B receives the same amount of ZEN, as shown in Figure 2.34.

Figure 2.25: Feature Batch Split you can find on the Tool bar.

Figure 2.26: Scheme 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: Scheme 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: Scheme 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.



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