Transaction Overview

An atomic operation on the blockchain

The main purpose of any transaction is to move funds between parties. Each transaction has several inputs and outputs. Account and notes can be used as inputs and outputs.

The current implementation assumes that each transaction has:

1. A single input and output account and

2. A fixed number of input (3) and output (127) notes.

The input and output accounts designate a transaction initiator. Account changes (including balance, energy and spent offset) are reflected in the output account.