💰 Financial Record

payment

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Transaction Details

Amount

USD $0.5

Payer (From)

Bob (Hypothetical) Linked to Bob (Hypothetical)

Payee (To)

Alice (Hypothetical) Linked to Alice (Hypothetical)

Description

Illustrative transaction to demonstrate blockchain validation

Additional Details

Date string: N/A

Amount string: 0.5

Source document: HOUSE_OVERSIGHT_025670.jpg

📄 Source Document

HOUSE_OVERSIGHT_025670.jpg

ESTATE Collection

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Document Summary

This document is a Goldman Sachs presentation slide titled 'How Do Miners Process Individual Transactions?' produced for the House Oversight Committee (indicated by the Bates stamp). It uses a hypothetical scenario involving 'Bob' and 'Alice' to explain the technical process of Bitcoin transactions, mining validation, and blockchain ledger recording. The document outlines the steps of initiating a transaction, miner verification, and block addition, noting the 12.5 BTC mining reward.

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