arno/bitcoinbook
1
0
Fork 0
mirror of https://github.com/bitcoinbook/bitcoinbook synced 2024-11-22 08:08:11 +00:00
Code Issues Releases Wiki Activity

Edited ch09_fees.adoc with Atlas code editor

Browse Source
This commit is contained in:
claylock 2023-10-26 14:43:40 +00:00
parent 198bae19d1
commit e0a716e450
1 changed files with 7 additions and 3 deletions
Show Stats Download Patch File Download Diff File Expand all files Collapse all files

10
ch09_fees.adoc
View File

@ -1,17 +1,21 @@
[[tx_fees]] [[tx_fees]]
== Transaction Fees == Transaction Fees
The digital signature we saw Alice create in <<c_signatures>> only ++++
<p class="fix_tracking">
The digital signature we saw Alice create in <a data-type="xref" href="#c_signatures">#c_signatures</a> only
proves that she knows her private key and that she committed to a proves that she knows her private key and that she committed to a
transaction that pays Bob. She can create another signature that transaction that pays Bob. She can create another signature that
instead commits to a transaction paying Carol--a transaction that spends instead commits to a transaction paying Carol--a transaction that spends
the same output (bitcoins) that she used to pay Bob. Those two the same output (bitcoins) that she used to pay Bob. Those two
transactions((("conflicting transactions")))((("transactions", "conflicts in"))) are now _conflicting transactions_ because only one transactions are now <em>conflicting transactions</em> because only one
transaction spending a particular output can be included in the valid transaction spending a particular output can be included in the valid
blockchain with the most proof of work--the blockchain that full nodes blockchain with the most proof of work--the blockchain that full nodes
use to determine which keys control which bitcoins. use to determine which keys control which bitcoins.
</p>
++++
To protect himself against conflicting transactions, it would be wise To((("conflicting transactions")))((("transactions", "conflicts in"))) protect himself against conflicting transactions, it would be wise
for Bob to wait until the transaction from Alice is included in the for Bob to wait until the transaction from Alice is included in the
blockchain to a sufficient depth before he considers the money he blockchain to a sufficient depth before he considers the money he
received as his to spend (see <<confirmations>>). received as his to spend (see <<confirmations>>).