A look at the same transactions but from a different explorer.

1. Transaction sizes were 25.989 kB and 17.32 kB respectively.

In contrast, a typical transaction size is around 0.2 kB.

2. Transaction fee rates were 0.00099979 LTC/kB and 0.0000998171478 LTC/kB.

At first I was surprised by this because the minimum transaction fee rate in Litecoin Core is set to 0.001 LTC/kB. However, Loshan clarified that Litecoin Core uses a fee estimator, which would account for the miniscule difference that we see.

3. Transaction fees were approximately 0.026 LTC and 0.017 LTC.

Typical transaction fees are around 0.0002 LTC. If he had sent an individual transaction to each address, the total cumulative fees would have amounted to about 0.2526 LTC. Therefore Loshan was able to save a total of 0.2096 LTC, or $11 USD, through batching.

4. According to Loshan, it took less than 0.5 seconds to create and broadcast a batched a transaction to 759 addresses.

That means the total time to fund 1,263 addresses through two transactions was under 1 second.

The Take Aways

There are several things we can learn from this “stress test”: