transaction output [English]

InterPARES Definition

No definition in earlier IP projects. ITrust definition not yet developed.

Other Definitions

  • Bitcoin Wiki Vocabulary [2017] (†796 s.v. "Transaction" ; "output"): An output contains instructions for sending bitcoins. Value is the number of Satoshi (1 BTC = 100,000,000 Satoshi) that this output will be worth when claimed. ScriptPubKey is the second half of a script (discussed later). There can be more than one output, and they share the combined value of the inputs. Because each output from one transaction can only ever be referenced once by an input of a subsequent transaction, the entire combined input value needs to be sent in an output if you don't want to lose it.