aantonop: Bitcoin Q&A: Why are fees not transaction outputs? Featured

  • Tuesday, 22 January 2019 22:37
Why do fees not show up as transaction outputs? Where do transaction fees go? How do miners receive fees? More about transaction fees can be found in these chapters: https://github.com/bitcoinbook/bitcoinbook/blob/f8b883dcd4e3d1b9adf40fed59b7e898fbd9241f/ch06.asciidoc https://github.com/bitcoinbook/bitcoinbook/blob/df1828b7205a5950a16a3182cf9b15421ee70658/ch10.asciidoc This question is from the December monthly subscriber session, which took place on December 15th 2018. If you want early-access to talks and a chance to participate in the monthly live Q&As with Andreas, become a patron: https://www.patreon.com/aantonop RELATED: How do I choose a wallet? - https://youtu.be/tN6b62sEpsY Secure, tiered storage system - https://youtu.be/uYIVuZgN95M Hardware wallets and attack surface - https://youtu.be/8mpDcBfNA7g Setting up secure storage devices - https://youtu.be/wZ9LxLLvfXc What is a private key? - https://youtu.be/xxfUpIV9wRI How do mneomonic seeds work? - https://youtu.be/wWCIQFNf_8g Using paper wallets - https://youtu.be/cKehFazo8Pw Wallet design and mass adoption - https://youtu.be/WbZX6BDZJHc Cryptographic primitives - https://youtu.be/RIckQ6RBt5E Public keys vs. addresses - https://youtu.be/8es3qQWkEiU Re-using addresses - https://youtu.be/4A3urPFkx8g Passphrases and seed storage - https://youtu.be/jP7pEgBpaO0 Coin selection and privacy - https://youtu.be/3Ck683CQGAQ Multi-signature and distributed storage - https://youtu.be/cAP2u6w_1-k Nonces, mining, and quantum computing - https://youtu.be/d4xXJh677J0 Is quantum computing a threat? - https://youtu.be/wlzJyp3Qm7s Spam transactions and Child Pays For Parent - https://youtu.be/t3c0E4fkSNs Orphan blocks and stuck transactions - https://youtu.be/MsdW0CTYwyY Miners, pools, and consensus - https://youtu.be/JHz7LM4ncLw Software distribution security - https://youtu.be/_V0vqy046YM Protocol development security - https://youtu.be/4fsL5XWsTJ4 Geopolitics and state-sponsored attacks - https://youtu.be/htxPRTJLK-k How to get people to care about security - https://youtu.be/Ji1lS9NMz1E Honest nodes and consensus - https://youtu.be/KAhY2ymI-tg Why running a node is important - https://youtu.be/oX0Yrv-6jVs Andreas M. Antonopoulos is a technologist and serial entrepreneur who has become one of the most well-known and respected figures in bitcoin. Follow on Twitter: @aantonop https://twitter.com/aantonop Website: https://antonopoulos.com/ He is the author of two books: “Mastering Bitcoin,” published by O’Reilly Media and considered the best technical guide to bitcoin; “The Internet of Money,” a book about why bitcoin matters. Subscribe to the channel to learn more about Bitcoin & open blockchains; click on the red bell to enable notifications about new videos! MASTERING BITCOIN, 2nd Edition: https://amzn.to/2xcdsY9 Translations of MASTERING BITCOIN: https://bitcoinbook.info/translations-of-mastering-bitcoin/ THE INTERNET OF MONEY, v1: https://amzn.to/2ykmXFs THE INTERNET OF MONEY, v2: https://amzn.to/2IIG5BJ Translations of THE INTERNET OF MONEY: Spanish, 'Internet del Dinero' (v1) - https://amzn.to/2yoaTTq French, 'L'internet de l'argent' (v1) - https://www.amazon.fr/Linternet-largent-Andreas-M-Antonopoulos/dp/2856083390 Russian, 'Интернет денег' (v1) - https://www.olbuss.ru/catalog/ekonomika-i-biznes/korporativnye-finansy-bankovskoe-delo/internet-deneg Vietnamese, 'Internet Của Tiền Tệ' (v1) - https://alphabooks.vn/khi-tien-len-mang MASTERING ETHEREUM (Q4): https://amzn.to/2xdxmlK Music: "Unbounded" by Orfan (https://www.facebook.com/Orfan/) Outro Graphics: Phneep (http://www.phneep.com/) Outro Art: Rock Barcellos (http://www.rockincomics.com.br/)

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