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November 1, 2017· IOP Conference Series Materials Science and Engineering
conference-paper
Open access

Implementation and Analysis of the use of the Blockchain Transactions on the Workings of the Bitcoin

Authors:Muhammad Reza Rizky Fauzi *Surya Michrandi Nasution *Marisa W. Paryasto *

Abstract

The present study discusses the workings of blockchain bitcoin in the transactions sector, on the development of today's emerging computers in the financial sector of blockchain bitcoin traction. In this case the author analyzes how the transaction is running, as well as how blockchain bitcoin is doing work in transactions on the system to make transactions. Transaction is a data structure that encodes the transfer of values between users with in a bitcoin system. Every transaction is a public entry in this bitcoin blockchain. And become a large transaction bookkeeping global.

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