From ce25074182ad449ff3dfae4636a734e0e113c8bf Mon Sep 17 00:00:00 2001 From: "judymcconville@roadrunner.com" Date: Wed, 26 Apr 2017 13:23:02 -0700 Subject: [PATCH] Edited ch01.asciidoc with Atlas code editor --- ch01.asciidoc | 2 +- 1 file changed, 1 insertion(+), 1 deletion(-) diff --git a/ch01.asciidoc b/ch01.asciidoc index 6b3dd6fa..c90b718d 100644 --- a/ch01.asciidoc +++ b/ch01.asciidoc @@ -201,7 +201,7 @@ Meanwhile, Alice's wallet is constantly "listening" to published transactions on .Confirmations **** -At first, Alice's address will show the transaction from Joe as "Unconfirmed." This means that the transaction has been propagated to the network but has not yet been recorded in the bitcoin transaction ledger, known as the blockchain. To be confirmed, a transaction must be included in a block and added to the blockchain, which happens every 10 minutes, on average. In traditional financial terms this is known as _clearing_. For more detail on propagation, validation and clearing (confirmation) of bitcoin transactions, see <>. +((("getting started", "confirmations")))At first, Alice's address will show the transaction from Joe as "Unconfirmed." This means that the transaction has been propagated to the network but has not yet been recorded in the bitcoin transaction ledger, known as the blockchain. To be confirmed, a transaction must be included in a block and added to the blockchain, which happens every 10 minutes, on average. In traditional financial terms this is known as _clearing_. For more detail on propagation, validation and clearing (confirmation) of bitcoin transactions, see <>. **** Alice is now the proud owner of 0.10 bitcoin that she can spend. In the next chapter we will look at her first purchase with bitcoin, and examine the underlying transaction and propagation technologies in more detail.((("", startref="BCbasic01")))