Bitcoin-Transactions

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Bitcoin Transactions and how they work


Some really seem to complicate this process with overthinking it and ultimately thinking the worst and I think that's why there isn't as much trust as their could be in bitcoin. A transaction of bitcoin is simply put a transaction of value between one bitcoin address and another so it would basically be like sending an e-transfer of fund from you bank to another person and once they accept it or you accept it then the funds or value is placed in their account. Transaction details are signed using your private key that we talk about earlier and in includes details such as the amount of value you want to send and the address to send it to and other info relative to the transaction.

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