Transactions in Bitcoin Blockchain

Bitcoin transactions are simply data that indicates the flow of Bitcoins from one wallet to another. Since Bitcoin is not a legal tender issued by the government, the popularity and flexibility of exchanging Bitcoin for fiat currency has led to a number of ways, such as cryptocurrency exchanges, Bitcoin debit cards, Bitcoin ATMs, metal pay, and peer‐to‐peer exchange.Bitcoin was originally a peer‐to‐peer cryptocurrency used for daily transactions. Over the years, as it gained mainstream traction and increased in price, Bitcoin became an investment vehicle rather than a currency. Bitcoin was split into two separate cryptocurrencies – Bitcoin Cash and Bitcoin SV – in August 2017 as a result of seeing a decrease in scalability.The present chapter covers the history of Bitcoin, origin of coinbase transactions, its structure, key features, calculation of transaction values, fiat currency, how to convert Bitcoin to fiat currency, Bitcoin cash, its history, concerns, and main features of Bitcoin cash in detail.