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@ -80,7 +80,7 @@ In the following sections we will examine this transaction in more detail. We'll
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((("fractional values")))((("milli-bitcoin")))((("satoshis")))The bitcoin network can transact in fractional values, e.g., from millibitcoin (1/1000th of a bitcoin) down to 1/100,000,000th of a bitcoin, which is known as a satoshi. Throughout this book we’ll use the term “bitcoin” to refer to any quantity of bitcoin currency, from the smallest unit (1 satoshi) to the total number (21,000,000) of all bitcoin that will ever be mined.
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((("fractional values")))((("milli-bitcoin")))((("satoshis")))The bitcoin network can transact in fractional values, e.g., from millibitcoin (1/1000th of a bitcoin) down to 1/100,000,000th of a bitcoin, which is known as a satoshi. Throughout this book we’ll use the term “bitcoin” to refer to any quantity of bitcoin currency, from the smallest unit (1 satoshi) to the total number (21,000,000) of all bitcoin that will ever be mined.
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((("", startref="UCcoffee02")))You can examine Alice's transaction to Bob's Cafe on the blockchain using a block explorer site (<<view_alice_transaction>>):
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You can examine Alice's transaction to Bob's Cafe on the blockchain using a block explorer site (<<view_alice_transaction>>):
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[[view_alice_transaction]]
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[[view_alice_transaction]]
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.View Alice's transaction on https://blockexplorer.com/tx/0627052b6f28912f2703066a912ea577f2ce4da4caa5a5fbd8a57286c345c2f2[blockexplorer.com]
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.View Alice's transaction on https://blockexplorer.com/tx/0627052b6f28912f2703066a912ea577f2ce4da4caa5a5fbd8a57286c345c2f2[blockexplorer.com]
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@ -285,4 +285,4 @@ As Bob spends the payments received from Alice and other customers, he extends t
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.Alice's transaction as part of a transaction chain from Joe to Gopesh
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.Alice's transaction as part of a transaction chain from Joe to Gopesh
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image::images/mbc2_0210.png["Alice's transaction as part of a transaction chain"]
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image::images/mbc2_0210.png["Alice's transaction as part of a transaction chain"]
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In this chapter, we saw how transactions build a chain that moves value from owner to owner. We also tracked Alice's transaction, from the moment it was created in her wallet, through the bitcoin network and to the miners who recorded it on the blockchain. In the rest of this book we will examine the specific technologies behind wallets, addresses, signatures, transactions, the network, and finally mining.((("", startref="BCover02")))((("", startref="DCSover02")))
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In this chapter, we saw how transactions build a chain that moves value from owner to owner. We also tracked Alice's transaction, from the moment it was created in her wallet, through the bitcoin network and to the miners who recorded it on the blockchain. In the rest of this book we will examine the specific technologies behind wallets, addresses, signatures, transactions, the network, and finally mining.((("", startref="BCover02")))((("", startref="DCSover02"))) ((("", startref="UCcoffee02")))
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