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The Future of MoneySpecial ReportsExplainerThe Highs and Hazards of BitcoinComputing

How a Bitcoin Transaction Works

From virtual wallets to hashes and nonces, follow Alice's payment to Bob, and learn how bitcoins change hands

1 min read


Diagram showing how a Bitcoin transaction worksBitcoin has gone from being an experiment in anarchy to becoming a billion dollar online currency. But how does a bitcoin transaction works? Follow Alice's payment to Bob to understand how bitcoin operates.IEEE Spectrum

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