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cockroach17 (OP)
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July 25, 2014, 06:19:49 PM
Last edit: July 26, 2014, 01:06:41 AM by cockroach17
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Transactions must be included in a block to be properly completed. When you send a transaction, it is broadcast to miners. Miners can then optionally include it in their next blocks. Miners will be more inclined to include your transaction if it has a higher transaction fee.
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July 27, 2014, 11:35:40 AM
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Quote from: cockroach17 on July 25, 2014, 06:19:49 PM
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BTC improvement proposal 10 describes a way to standardize the encoding of proposal transactions, to assist with signature collection and broadcast (which includes regular, 1-of-1 transactions requiring signatures from an offline computer). The goal is to encourage a standard that guarantees interoperability of all programs that implement it.  [source: https://github.com/bitcoin/bips/blob/master/bip-0010.mediawiki]

check the link posted above. hope this helps.

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bitsta
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