What is ExitPay ? ExitPay is a third-party host which self-hosts a BTCPay Server instance and enables other users to register and use the server for free. While, third-party hosts provide an easy and cost-effective way for users to try…
Tag: Transaction
Transactions are a binary format used by the Bitcoin protocol to transfer bitcoin from one address to another. Several transactions are built into a block which has to be confirmed by the Bitcoin network through the process of mining. Transactions can only be included in a block if they contain a valid signature (more precisely a valid input script) matching the output script defined by the previous owner. The first transaction in each block is called the coinbase and generates new bitcoin. Transactions can also contain contracts and should not be confused with payments.