More on Bitcoin Transactions

Transactions in Detail

Earlier, we looked at the transaction Alice used to pay for coffee at Bob's coffee shop using a block explorer (Alice's transaction to Bob's Cafe).

The block explorer application shows a transaction from Alice's "address" to Bob's "address". This is a much simplified view of what is contained in a transaction. In fact, as we will see in this chapter, much of the information shown is constructed by the block explorer and is not actually in the transaction.

Figure 1. Alice's transaction to Bob's Cafe