Basics of Bitcoin Operations
When you need to understand Bitcoin, one of the most common questions is: "What makes a Bitcoin transaction?" In this article, we will deepen information about what is related to the creation and verification of Bitcoin operations.
Transaction records and blocks sizes
You are right that the 1MB unit contains approximately 2,400 operations. However, these transactions are not just 2400 bytes in length; Instead, they consist of a series of unique data structures called "operation records". Each entry is about 436 bytes, which may look like a small amount compared to the total size of the block.
What is in the operation record?
The Bitcoin operation record consists of several areas:
1
2.
from address
: Bitcoin address that initiated the operation.
Address
: Bitcoin address receiving transferred funds or data.
Value : Bitcoin exchange amount (eg sent to someone else).
Meta Data : Additional information such as sender and recipient's addresses, amounts and charges.
Types of transactions
Bitcoin operations can be divided into three types:
* Payment operations : This is the most common type of operations when funds are transferred from one address to another.
* Value transactions : These operations include Bitcoin exchange to other property or goods (eg tokens, cryptocurrency).
* Confirmations and Confirmary Operations : They are used for network inspection and can be considered as "finality".
PowerPoint delivery
Here is a proposed presentation of PowerPoint on Bitcoin Operations:
1 Slide: Introduction to Bitcoin
- Bitcoin definition
- Short history and development
- It is important to understand operations records
Slide 2: What is the Operations Record?
- Explanation of different components (block bag, operation id, from address, address, value, meta-data)
- Use cases of each field
3 Slide: Types of Operations
- Payment operations
- Value operations
- Confirmations and Confirmary Operations
4 Slide: Blocks Sizes and Operations
- Block size and surgery Review
- Division of individual components in an operation record
- Comparison with traditional currency operations (eg credit card charges)
5 Slide: Example of Operations Record
- A detailed example of Bitcoin operations, including all its components
6 Slide: Conclusion
- Repeat on Bitcoin operations on Bitcoin operations
- The last thoughts of understanding and working with Bitcoin data structures.
Note: This is just one of the available outline, and you can modify it to meet your specific needs and presentation style.