Burst developers and Burst geniuses wanted!

  • @dawallet @luxe @LithStud @administrators @Global-Moderators

    Can anyone explain how Burst transactions work exactly?

    For the Wikipedia page the following is currently displayed in the Transactions Section.

    All Burst transactions must have one or more inputs. For any transaction to be valid, every input must be an unspent output of a previous transaction. Every input must be digitally signed. The use of multiple inputs corresponds to the use of multiple coins in a cash transaction. A transaction can also have multiple outputs, allowing one to make multiple payments in one go. A transaction output can be specified as an arbitrary multiple of Burst. As in a cash transaction, the sum of inputs (coins used to pay) can exceed the intended sum of payments. In such a case, an additional output is used, returning the change back to the payer. Any input Burst not accounted for in the transaction outputs become the transaction fee.

    Its been noted that the above is incorrect. Can someone explain in detail how Burst transactions work so that we may correct the Wikipedia article.

  • @iKnow0 the technical side of transaction will have to explain someone else 🙂 i am just an API using guy 😉

  • admin

    This may help https://nxtwiki.org/wiki/How_Tx_Processing_Works
    btw. thanks for the awesome work with wikipedia!

  • @luxe Thanks for the info, the Transactions section of the wiki page has now been updated.