Why does Bitcoin use two rounds of SHA256?
Each blocked is hashed twice. Why isn’t one application of SHA256 enough?
Each blocked is hashed twice. Why isn’t one application of SHA256 enough?
What is the meaning of the term “unspent output” in the Bitcoin protocol?
The current rpc interface only allows you to see either
1. The balance of the entire wallet
2. How much was received by an address (which is okay… if you never spend)
Basically, I want to know how to get the balance of a specific address in my wallet. I’ve searched high and low and cannot find anything.
BitCoin Wiki (Transactions) states:
…1 BTC = 100,000,000 Satoshi…
Yet BitCoin Wiki (FAQ) states:
…”satoshi”… is smallest denomination currently possible
In the future when the protocol decides to support more decimal places, will the value of “satoshi” change to match the smallest denomination then possible?
Or will the value of “satoshi” fixed at 0.00000001 BTC?