Bitcoin transaction bases
Assessed by the submarine, one off the Must Common Questions is: « What is a bitcoin transaction? » In this article, wet dive into details about the creativity and verification.
Transaction and Block Size Records
You are right that a 1MB block containers 2400 transactions. Howver, these Transctions are not only 2.400 bytes long; Instead, they Consist to Series of Unique Data Breaking « transactions records ». Each Record has a silize 436 bytes, butch May appara a smell-total silk off the block.
What is in the transaction record?
The Recording of off bitcoin transctions consists off several fields:
- BLOCK HASH : The Cryptograph hash out them who of the BLOCK (ie J. The The The Previous block) and all included transactions.
- Transaction ID : A unique identifier for the individual transaction, the ceremony wesing a combination of public and private keys.
- the address : Bitcoin address that initiated a transaction.
- to : Bitcoin dottress that received the transferred punds or data.
- Value : The amont to batcoin exchange (eg cents to do some else).
- The Meta-Data : Further Information Such as Addresses, Amonts and Fees of Sender and Recipient.
Types of transaction
Bitcoin transactions can be divided into three type:
* Payment transactions : These is a musst commune type of transaction where the transmitt off-trem one dorrn one is a dozen.
* Value Transaction : These transactions include the exchange for bitcoin for all the combodies (eg tokens, crypturrencies).
* Confirmation and Confirmation Transactions : These isd to verify the Network and the can be consident « confirmation to have finality »
Presentation PowerPoint
Here’s an overview for PowerPoint Presentation on bitcoin transactions:
Slide 1: Introduction to Bitcoin
- Definition off bitcoin
- Brief history and development
- The importance off understanding off transactions records
SLIDE 2: What is Transction Record?
- Explanation of different compounds (block hash, transaction ID, fromy donations, donations, currency, meta-dut)
- Cases off se
Slide 3: Types off transaction
- Payment transactions
- Value transaction
- Confirmation and Confirmation Translations
Slide 4: Sizes off blocks and transaction
- Overview off blocks and silize
- The decomposition is individual compounds in the transaction record
- Comparison with Traditional currency transactions (e credit card health)
SLIDE 5: Example off the transaction record
- Detailed Example off a Bitcoin Transaction Record Including All Its Components
Slide 6: Conclusion
- Summary off keys regiring bitcoin transactions
- Final ideas will for the understanding and the workering with bitcoin data structure.
Note: This is just one possible outline and you can not be to meet your specifies needs and stylish off presentation.