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Transactions are signed messages carrying out the transfer or generation of bitcoins. They are broadcast throughout the Bitcoin network and, if accepted, integrated in the blockchain.

11 votes

How is Bitcoin supposed to serve as currency when it is all but impossible to spend at the m...

Bitcoin is not made for everyday transactions for a cafe or a pizza. … To allow such transactions with low fees, we would have to increase block size, allowing a lot of transactions to be stored forever in the blockchain. …
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1 vote
1 answer
372 views

How is a transaction broadcasted?

Let's say UserA uses electrum, connected to ServerB, and hits the "Send" button to do a transaction. What happens? The transaction is sent to ServerB only or The transaction is sent from UserA …
Basj's user avatar
  • 364