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@ -294,16 +294,6 @@ always have only big bills. People subconsciously find a balance between
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these two extremes, and bitcoin wallet developers strive to program this
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balance.
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((("transactions", "defined")))((("outputs and inputs",
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"defined")))((("inputs", see="outputs and inputs")))In summary,
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_transactions_ move value from _transaction inputs_ to _transaction
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outputs_. An input is a reference to a previous transaction's output,
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showing where the value is coming from. A transaction output directs a
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specific value to a new owner's Bitcoin address and can include a change
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output back to the original owner. Outputs from one transaction can be
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used as inputs in a new transaction, thus creating a chain of ownership
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as the value is moved from owner to owner (see <<blockchain-mnemonic>>).
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==== Common Transaction Forms
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The most common form of transaction is a simple payment from one address
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David A. Harding
1 year ago