#Bitcoin Transactions in a nutshell 🤯:
📌Bitcoin transactions involve both inputs and outputs. This means a single transaction can spend multiple coins (UTXOs) and pay to multiple recipients.
📌Transaction outputs are programmable. It's the sender's wallet that determines which program to place on an output, which in turn determines what's required to spend the coins. Bitcoin is programmable money.
📌All transactions in Bitcoin can be traced back to one or more coinbase transactions, which is the only way new coins are issued in Bitcoin.
🧡
AníbalSantaella / Aníbal Santaella
npub1gw…qaykg
2024-04-10 10:34:41
Author Public Key
npub1gwwfggk4zhf8lxe0dexdzp39za6uuxjuhscepz6ysf8fh2a5y58svqaykgPublished at
2024-04-10 10:34:41Event JSON
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"pubkey": "439c9422d515d27f9b2f6e4cd106251775ce1a5cbc31908b44824e9babb4250f",
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"content": "#Bitcoin Transactions in a nutshell 🤯:\n\n📌Bitcoin transactions involve both inputs and outputs. This means a single transaction can spend multiple coins (UTXOs) and pay to multiple recipients.\n\n📌Transaction outputs are programmable. It's the sender's wallet that determines which program to place on an output, which in turn determines what's required to spend the coins. Bitcoin is programmable money.\n\n📌All transactions in Bitcoin can be traced back to one or more coinbase transactions, which is the only way new coins are issued in Bitcoin.\n\n🧡",
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}