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Author Topic: bitcoin needed to be a tranaction in a packet?  (Read 445 times)
steppinup (OP)
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March 22, 2017, 06:34:12 PM
 #1

Pardon this stupid question,but for a transaction to be included in a packet on the blockchain does it need to contain bitcoin besides tranactions of bitcoin and transfer fees. For instance, if you only wanted a piece of information to be included in the blockchain.
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Bitcoin addresses contain a checksum, so it is very unlikely that mistyping an address will cause you to lose money.
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achow101
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March 22, 2017, 07:02:57 PM
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A "packet on the blockchain" is called a block.

In order for a transaction to be included, it must be a valid transaction. This means it must consume outputs created by previous transactions, and those outputs must have some value associated with them. A Bitcoin transaction can include arbitrary data, however this is not advised as it harms the network.

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March 23, 2017, 01:20:11 AM
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A "packet on the blockchain" is called a block.

In order for a transaction to be included, it must be a valid transaction. This means it must consume outputs created by previous transactions, and those outputs must have some value associated with them. A Bitcoin transaction can include arbitrary data, however this is not advised as it harms the network.
i would add to that, miners take care of that job, veryfying if transaction is valid and can be added to blockchain
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