Bitcoin Q&A: The lifecycle of a transaction

published on Apr 18, 2019 by aantonop Favorite
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What is the lifecycle of a transaction, from wallet to inclusion in the Bitcoin blockchain?

This question is from the second session of MOOC 11, which took place on February 7th 2019. If you want early-access to talks and a chance to participate in the monthly live Q&As with Andreas, become a patron:

How do I choose a wallet? -
Secure, tiered storage system -
Hardware wallets and attack surface -
Setting up secure storage devices -
What is a private key? -
How do mneomonic seeds work? -
Using paper wallets -
Wallet design and mass adoption -
Cryptographic primitives -
Public keys vs. addresses -
Re-using addresses -
Passphrases and seed storage -
Coin selection and privacy -
Multi-signature and distributed storage -
Is quantum computing a threat? -
The 21 million supply cap -
Denominations and voluntary burning -
Divisibility and deflationary monetary policy -
Inflation and debt systems -
How to get people to care about security -
Honest nodes and consensus -
Why running a node is important -
Wallets, nodes, and monetary sovereignty -

Andreas M. Antonopoulos is a technologist and serial entrepreneur who has become one of the most well-known and respected figures in bitcoin.

Follow on Twitter: @aantonop

He is the author of two books: “Mastering Bitcoin,” published by O’Reilly Media and considered the best technical guide to bitcoin; “The Internet of Money,” a book about why bitcoin matters.

Subscribe to the channel to learn more about Bitcoin & open blockchains; click on the red bell to enable notifications about new videos!


Translations of MASTERING BITCOIN:



Translations of THE INTERNET OF MONEY:
Spanish, 'Internet del Dinero' (v1) -
French, 'L'internet de l'argent' (v1) -
Russian, 'Интернет денег' (v1) -
Vietnamese, 'Internet Của Tiền Tệ' (v1) -


Music: "Unbounded" by Orfan (
Outro Graphics: Phneep (
Outro Art: Rock Barcellos (

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