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CH12: You can spend bitcoins even if they aren't confirmed

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David A. Harding 2023-05-25 12:52:57 -10:00
parent db4de49491
commit 1f8c932436
1 changed files with 2 additions and 1 deletions
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@ -86,7 +86,8 @@ new block, containing transactions that occurred since the last block,
is "mined" every 10 minutes on average, thereby adding those is "mined" every 10 minutes on average, thereby adding those
transactions to the blockchain. Transactions that become part of a block transactions to the blockchain. Transactions that become part of a block
and added to the blockchain are considered "confirmed," which allows the and added to the blockchain are considered "confirmed," which allows the
new owners of bitcoin to spend the bitcoin they received in those new owners of bitcoin to know that irrevocable effort was expended
securing the bitcoin they received in those
transactions. transactions.
((("fees", "mining rewards")))((("mining and consensus", "mining rewards ((("fees", "mining rewards")))((("mining and consensus", "mining rewards