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Merge pull request #588 from hebasto/ch06-grammatical-number

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ch06 - fixed grammatical number
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Will Binns 2019-06-19 23:14:09 +02:00 committed by GitHub
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@ -727,7 +727,7 @@ From the UTXO set, the blockchain explorer sums up the value of all unspent outp
In order to produce this one image, with these two "balances," the blockchain explorer has to index and search through dozens, hundreds, or even hundreds of thousands of transactions.
In summary, the information presented to users through wallet applications, blockchain explorers, and other bitcoin user interfaces is often composed of higher-level abstractions that are derived by searching many different transactions, inspecting their content, and manipulating the data contained within them. By presenting this simplistic view of bitcoin transactions that resemble bank checks from one sender to one recipient, these applications have to abstract a lot of underlying detail. They mostly focus on the common types of transactions: P2PKH with SIGHASH_ALL signatures on every input. Thus, while bitcoin applications can present more than 80% of all transactions in an easy-to-read manner, they are sometimes stumped by transactions that deviate from the norm. Transactions that contain more complex locking scripts, or different SIGHASH flags, or many inputs and outputs, demonstrate the simplicity and weakness of these abstractions.
In summary, the information presented to users through wallet applications, blockchain explorers, and other bitcoin user interfaces is often composed of higher-level abstractions that are derived by searching many different transactions, inspecting their content, and manipulating the data contained within them. By presenting this simplistic view of bitcoin transactions that resemble bank checks from one sender to one recipient, these applications have to abstract a lot of underlying details. They mostly focus on the common types of transactions: P2PKH with SIGHASH_ALL signatures on every input. Thus, while bitcoin applications can present more than 80% of all transactions in an easy-to-read manner, they are sometimes stumped by transactions that deviate from the norm. Transactions that contain more complex locking scripts, or different SIGHASH flags, or many inputs and outputs, demonstrate the simplicity and weakness of these abstractions.
Every day, hundreds of transactions that do not contain P2PKH outputs are confirmed on the blockchain. The blockchain explorers often present these with red warning messages saying they cannot decode an address. The following link contains the most recent "strange transactions" that were not fully decoded: https://blockchain.info/strange-transactions[].