Made changes to ch05.asciidoc

pull/161/head
myarbrough@oreilly.com 10 years ago
parent fff9ba13f4
commit c4ba1e5146

@ -200,7 +200,7 @@ The sequence number is used to override a transaction prior to the expiration of
[[tx_fees]]
==== Transaction Fees
((("fees, transaction", id="ix_ch05-asciidoc6", range="startofrange")))Most transactions include transaction fees, which compensate the bitcoin miners for securing the network. Mining and the fees and rewards collected by miners are discussed in more detail in <<mining>>. This section examines how transaction fees are included in a typical transaction. Most wallets calculate and include transaction fees automatically. However, if you are constructing transactions programmatically, or using a command-line interface, you must manually account for and include these fees.
((("fees, transaction", id="ix_ch05-asciidoc6", range="startofrange")))Most transactions include transaction fees, which compensate the bitcoin miners for securing the network. Mining and the fees and rewards collected by miners are discussed in more detail in <<ch8>>. This section examines how transaction fees are included in a typical transaction. Most wallets calculate and include transaction fees automatically. However, if you are constructing transactions programmatically, or using a command-line interface, you must manually account for and include these fees.
Transaction fees serve as an incentive to include (mine) a transaction into the next block and also as a disincentive against "spam" transactions or any kind of abuse of the system, by imposing a small cost on every transaction. Transaction fees, are collected by the miner who mines the block that records the transaction on the blockchain.

Loading…
Cancel
Save