We’re back with another deep dive into the new features included in the ARK Core v2.6 network upgrade. With the new Multipayments transaction type, users can now send ARK to multiple addresses with a single transaction! This makes it quicker, easier and less costly than ever to send ARK tokens.

Over the past few weeks, we’ve been exploring all the amazing new features jam-packed into our upcoming Core v2.6 upgrade. Following our previous posts covering the introduction of Schnorr’s Multisignatures and our new Multisignature Server, it’s time to turn our attention to Multipayments and what you need to know to get started. Let’s dive straight in …

What are Multipayments?

Multipayments are just one of the new transaction types included with Core v2.6. This transaction type does exactly as the name suggests, allowing users to send multiple payments to different recipients, all neatly packaged into one single transaction. With the example below, you’ll see how a single transaction can send payments to multiple addresses.

(An example of a simple Multipayment test transaction shown in ARK Explorer)

Handy right? What’s even better though is that you can customize the transaction to send varying amounts of ARK to several different addresses, or even send different amounts to the same address within the same transaction. This is useful if you are sending payments for different services to the same person or company.

Why use Multipayments?

So why should that get you excited? Well to start, if you’re someone who sends ARK tokens to a number of different addresses regularly, it means no more time spent painstakingly creating multiple single transactions for each and every address that you want to send to.

From your ARK Desktop or Mobile Wallet, you’ll be able to input the number of tokens you want to send, input multiple addresses and send the payment in just a few seconds.