Bitcoin Glossary – Terminology and Definitions

It is a quick reference to the most important Bitcoin terminology. Please check any term to reveal the definition.

Bitcoin Glossary

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There are 2 names in this directory beginning with the letter T.
Transaction
An entry in the blockchain that describes a transfer of bitcoins from address to another. Bitcoin transactions may contain several inputs and outputs.

Transaction Fee
Also known as a "miner's" fee, a transaction fee is an amount of bitcoin included in each transaction that is collected by miners. This is to encourage miners to add the transaction to a block. A typical bitcoin fee amount is 0.0001 BTC.


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