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What is a bitcoin transaction?

Transactions - private keys. A transaction is a transfer of value between Bitcoin wallets that gets included in the block chain. Bitcoin wallets keep a secret piece of data called a private key or seed, which is used to sign transactions, providing a mathematical proof that they have come from the owner of the wallet.

What is a bitcoin signature?

There is a part of the Bitcoin protocol that I don't quite understand. When you make a transaction, and spend the output of a previous transaction for say 1 BTC, you provide a signature using the private key matching the public key (or address) that appears in the output of the previous transaction. My first question here is what exactly is signed?

How do you sign a bitcoin transaction?

Signing Bitcoin transactions. There is a part of the Bitcoin protocol that I don't quite understand. When you make a transaction, and spend the output of a previous transaction for say 1 BTC, you provide a signature using the private key matching the public key (or address) that appears in the output of the previous transaction.

What is bitcoin up?

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