Part 8: What’s in a bitcoin transaction?
When you are going to send bitcoin to someone, you need to get an address from them. You will also need to know how much to send. Lastly, you will need to decide how quickly you want your transaction confirmed. Each wallet will then do the work to pass your transaction on to all the […]
Read MorePart 7: What are wallets?
The catch phrase “what’s in your wallet?” applies here. All wallets, men’s or women’s, do the same thing. They hold your paper money so that you can organize it, hold your credit cards, nicely displays your driver’s license, and miscellaneous places to store other pieces of paper. Unlike the wallet in your pocket, a bitcoin […]
Read MorePart 6: What are bitcoin transactions?
Transaction is a very general word to describe the recording of data into a bitcoin block. Just like registering your car, specific things related to the transaction are required. Bitcoin transactions have a similar set of specific things that are both required and optional to include. To do a bitcoin transaction, you need an address […]
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