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Tag Archives: Bitcoin Transaction

What happens to a Bitcoin transaction?

What happens to a Bitcoin transaction

A bitcoin transaction first has to be confirmed by the network. It is constantly passed around the network and each full node checks to see whether, subject to some criteria, it is a valid transaction. When the transaction is verified it is then placed in a transaction pool. At this …

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Bitcoin transaction: Multi signature transaction

Bitcoin transaction: Multi signature transaction

A multi-signature transaction is a bitcoin transaction that needs more than one key to verify. This kind of transaction needs at least m of the private keys corresponding to given n regular addresses have to sign a transaction to handle the transaction. At present, a Bitcoin protocol limits the number …

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Bitcoin Transaction – Pay to Public Key

Bitcoin Transaction - Pay to Public Key

Pay to public key is a very familiar process when you have to pay an amount of money to the address or to script hash. The only difference between them is the data presented because the public key is presented as an elliptic curve and therefore it is unnecessary to …

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