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@ -10,7 +10,7 @@ In this chapter, we will examine Bitcoin from a high level by tracking a
single transaction through the Bitcoin system and watch as it single transaction through the Bitcoin system and watch as it
is recorded on the blockchain, the distributed journal of all is recorded on the blockchain, the distributed journal of all
transactions. Subsequent chapters will delve into the technology behind transactions. Subsequent chapters will delve into the technology behind
transactions, the network, and mining. transactions, the network, and ((("Bitcoin", "operational overview", id="bitcoin-operational-overview-ch2")))((("blockchain explorers", id="blockchain-explorers")))mining.
=== Bitcoin Overview === Bitcoin Overview
@ -21,17 +21,19 @@ transactions that are propagated across the network, and miners who
produce (through competitive computation) the consensus blockchain, produce (through competitive computation) the consensus blockchain,
which is the authoritative journal of all transactions. which is the authoritative journal of all transactions.
</p> </p>
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Each((("Bitcoin", "operational overview", id="bitcoin-operational-overview-ch2")))((("blockchain explorers", id="blockchain-explorers"))) example in this chapter is based <p>
Each example in this chapter is based
on an actual transaction made on the Bitcoin network, simulating the on an actual transaction made on the Bitcoin network, simulating the
interactions between several users by sending interactions between several users by sending
funds from one wallet to another. While tracking a transaction through funds from one wallet to another. While tracking a transaction through
the Bitcoin network to the blockchain, we will use a _blockchain the Bitcoin network to the blockchain, we will use a <em>blockchain
explorer_ site to visualize each step. A blockchain explorer is a web explorer</em> site to visualize each step. A blockchain explorer is a web
application that operates as a Bitcoin search engine, in that it allows application that operates as a Bitcoin search engine, in that it allows
you to search for addresses, transactions, and blocks and see the you to search for addresses, transactions, and blocks and see the
relationships and flows between them. relationships and flows between them.
</p>
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Popular blockchain explorers include: Popular blockchain explorers include: