Bitcoin White Paper: 9. Combining and Splitting Value

Written by BitcoinWhitePaper | Published 2019/06/27
Tech Story Tags: combining-and-splitting-value | bitcoin-white-paper | bitcoin | bitcoin-splitting-value | splitting-value | satoshi-nakamoto | btc-white-paper | read-bitcoin-white-paper

TLDR It would be unwieldy to make a separate transaction for every cent in a transfer. To allow value to be split and combined, transactions contain multiple inputs and outputs. There is never the need to extract a complete standalone copy of a transaction's history. Fan-out, where a transaction depends on several transactions, is not a problem here. It should be noted that fan-out does not require a complete copy of the history of a payment history to be extracted from a single transaction.via the TL;DR App
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Written by BitcoinWhitePaper | A Peer-to-Peer Electronic Cash System
Published by HackerNoon on 2019/06/27
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