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Mar 28, 2018 at 12:23 comment added meshcollider @CodesInChaos you need to sign a transaction using a private key to prove you own the bitcoins you are trying to spend
Mar 28, 2018 at 11:56 comment added CodesInChaos "requiring a private key" how so?
Mar 28, 2018 at 1:42 comment added m1xolyd1an Very true. There's an interesting talk Andreas Antonopolous gives at Harvard from 2015 where he talks about this same topic. Here it is (youtube.com/watch?v=Ur037LYsb8M)
Mar 28, 2018 at 0:56 vote accept Howiecamp
Mar 28, 2018 at 0:56 comment added Howiecamp In that case it's too bad that nomenclature has taken hold - because it certainly is pervasive.
Mar 28, 2018 at 0:54 comment added meshcollider @Howiecamp correct in some cases, but using that word also promotes misunderstanding, as people are inclined to think about addresses in the same way as bank account numbers which is wrong
Mar 28, 2018 at 0:53 comment added Howiecamp Ok so I suppose that saying "address balance" is really just a convenience thing - an easier way of saying "unspent transaction outputs.
Mar 28, 2018 at 0:51 history answered meshcollider CC BY-SA 3.0