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Bitcoin and chains · 15 / 127 · 2 min

Change

A bitcoin payment often sends the rest back to a new address of yours. The new address is not a stranger. It is the change.

Change

One payment, two outputs
The payment The amount you meantTheir address The change The leftoverOften a new address of yours

The leftover is usually yours. It is still an address, and it still has to be checked.

A worked case

Someone sends bitcoin and panics at a second output. It was change. Another person, the dangerous one, pastes an address from a stranger into the change field. The leftover leaves.

The rest

You spend one coin and the payment is smaller. The leftover is a new output. A wallet usually makes that output an address it also controls.

The scare

A person sees a second address and thinks the coins were stolen. They were split. The danger is the reverse: sending the whole amount to someone else because the change address was not checked.

The leftover is an output

Bitcoin spends come from previous receipts, and they rarely match the amount you meant to pay. The difference is a new output. Wallets usually send that output to a fresh address they control, so the leftover is not sitting on the address you just exposed.

The new address is why a payment can look like two payments. It is also why a field you edit by hand can send the leftover away. The chain records the outputs you signed. It does not label one of them change.

Read it yourself

These links are the record. They are not a recommendation, and they are not instructions. A news story or a court paper can still be wrong about a detail. The check does not change because a famous name is in the story.

Apply the check

Open a question. The line is about this topic. It is not a verdict that anything is safe.

Check yourself

Write it in your own words. The course's answer opens after that. Nothing is sent.

Is the second address in a bitcoin payment always someone else?

After this you can say which output is the payment and which is the change.