@ -135,7 +135,7 @@ Jing's node is listening for new blocks, propagated on the bitcoin network, as d
=== Aggregating Transactions into Blocks
((("mining and consensus", "aggregating transactions into blocks", id="MACaggreg10")))((("transactions", "aggregating into blocks", id="Taggreg10")))((("blocks", "aggregating transactions into", id="Baggreg10")))((("blocks", "candidate blocks")))((("candidate blocks")))After validating transactions, a bitcoin node will add them to the _memory pool_, or _transaction pool_, where transactions await until they can be included (mined) into a block. Jing's node collects, validates, and relays new transactions just like any other node. Unlike other nodes, however, Jing's node will then aggregate these transactions into a _candidate block_.
((("mining and consensus", "aggregating transactions into blocks", id="MACaggreg10")))((("transactions", "aggregating into blocks", id="Taggreg10")))((("blocks", "aggregating transactions into", id="Baggreg10")))((("blocks", "candidate blocks")))((("candidate blocks")))((("transaction pools")))((("memory pools (mempools)")))After validating transactions, a bitcoin node will add them to the _memory pool_, or _transaction pool_, where transactions await until they can be included (mined) into a block. Jing's node collects, validates, and relays new transactions just like any other node. Unlike other nodes, however, Jing's node will then aggregate these transactions into a _candidate block_.
Let's follow the blocks that were created during the time Alice bought a cup of coffee from Bob's Cafe (see <<cup_of_coffee>>). Alice's transaction was included in block 277,316. For the purpose of demonstrating the concepts in this chapter, let's assume that block was mined by Jing's mining system and follow Alice's transaction as it becomes part of this new block.
judymcconville@roadrunner.com
7 years ago