A transaction is a record in the bitcoin blockchain that records the movement of bitcoins, or portions of them, from one address to another. Transactions are uniquely identified by a transaction ID. A transaction has one or more outputs. Transactions…
A Hosted wallet is an online service where a user’s bitcoins are stored, and they can send and receive bitcoins from this service. Coinbase, Bitflyer, and Mt Gox are examples of hosted wallets.
A wallet address is a way of grouping bitcoin addresses into one group that is likely to be controlled by a single user or by a service. These groupings may not be 100% accurate. There are a number of ways…
Zcash is a decentralized and open-source cryptocurrency developed by the Zcash Electric Coin Company (ZECC) that offers privacy and selective transparency of transactions. Zcash payments are published on a public blockchain, but the sender, recipient, and amount of a transaction…