|
|
|
@ -503,16 +503,12 @@ few seconds.
|
|
|
|
|
===== Bob's view
|
|
|
|
|
|
|
|
|
|
If Bob's bitcoin wallet application is directly connected to Alice's
|
|
|
|
|
wallet application, Bob's wallet application might be the first node to
|
|
|
|
|
wallet application, Bob's wallet application might be the first to
|
|
|
|
|
receive the transaction. However, even if Alice's wallet sends the
|
|
|
|
|
transaction through other nodes, it will reach Bob's wallet within a few
|
|
|
|
|
seconds. Bob's wallet will immediately identify Alice's transaction as
|
|
|
|
|
an incoming payment because it contains outputs redeemable by Bob's
|
|
|
|
|
an incoming payment because it contains an output redeemable by Bob's
|
|
|
|
|
keys. Bob's wallet application can also independently verify that the
|
|
|
|
|
transaction is well formed, uses previously unspent inputs, and contains
|
|
|
|
|
sufficient transaction fees to be included in the next block. At this
|
|
|
|
|
point Bob can assume, with little risk, that the transaction will
|
|
|
|
|
shortly be included in a block and confirmed.
|
|
|
|
|
|
|
|
|
|
[TIP]
|
|
|
|
|
====
|
|
|
|
@ -527,6 +523,8 @@ small-value transaction with no confirmations, with no more risk than a
|
|
|
|
|
credit card payment made without an ID or a signature, as merchants
|
|
|
|
|
routinely accept today.((("", startref="Tconstruct02")))
|
|
|
|
|
====
|
|
|
|
|
transaction is well formed. If Bob is using his own full node, his
|
|
|
|
|
wallet can further verify Alice's transaction only spends valid UTXOs.
|
|
|
|
|
|
|
|
|
|
=== Bitcoin Mining
|
|
|
|
|
|
|
|
|
|