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myarbrough@oreilly.com 2014-11-26 05:36:53 -08:00
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@ -182,10 +182,6 @@ Finally, for the transaction to be processed by the network in a timely fashion,
The resulting transaction can be seen using a blockchain explorer web application, as shown in <<transaction-alice>>.
[[transaction-alice]]
.Alice's transaction to Bob's Cafe
image::images/msbt_0208.png["Alice Coffee Transaction"]
[[transaction-alice-url]]
[TIP]
====
@ -196,6 +192,10 @@ View the http://bit.ly/1u0FIGs[transaction from Alice to Bob's Cafe].
((("transactions","adding to ledger")))The transaction created by Alice's wallet application is 258 bytes long and contains everything necessary to confirm ownership of the funds and assign new owners. Now, the transaction must be transmitted to the bitcoin network where it will become part of the distributed ledger (the blockchain). In the next section we will see how a transaction becomes part of a new block and how the block is "mined." Finally, we will see how the new block, once added to the blockchain, is increasingly trusted by the network as more blocks are added.
[[transaction-alice]]
.Alice's transaction to Bob's Cafe
image::images/msbt_0208.png["Alice Coffee Transaction"]
===== Transmitting the transaction
((("transactions","transmitting")))((("transmitting transactions")))Because the transaction contains all the information necessary to process, it does not matter how or where it is transmitted to the bitcoin network. The bitcoin network is a peer-to-peer network, with each bitcoin client participating by connecting to several other bitcoin clients. The purpose of the bitcoin network is to propagate transactions and blocks to all participants.