Members Login
Username 
 
Password 
    Remember Me  

Topic: What's a transaction?

Post Info
Member
Status: Offline
Posts: 20
Date:
What's a transaction?
Permalink   
 

In simple terms, a transfer of bitcoin from one address to another. More precisely, a transaction is a signed data structure expressing a transfer of value. Transactions are transmitted over the bitcoin network, collected by miners, and included into blocks, made permanent on the blockchain.

"Transaction Pool" is an unordered collection of transactions that are not in blocks in the main chain, but for which we have input transactions.

 

 





-- Edited by admin on Wednesday 19th of December 2018 06:20:14 AM



-- Edited by admin on Wednesday 19th of December 2018 06:23:22 AM

__________________
Page 1 of 1  sorted by
Quick Reply

Please log in to post quick replies.