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When buying a coffee, a person, the Buyer, sends a Transaction template to the Seller. The template contains: * line items * quantity * price * total price * payment source This may also contain Buyer information, such as name. --- A bitcoin transaction can requires one or more inputs, called UTXOs. A bitcoin transaction outputs one or more UTXOs. UTXO stands for "Unspent Transaction Output" --- In a wallet, a user can: * receive funds * send funds to a TXID * send specific funds by selecting specific UTXOs A user creates a wallet. As part of the wallet creation process, the user creates a mneumonic, or 12-word phrase that can be used to obtain the private/public key pair. --- * BIPS refers to [Bitcoin Improvement Proposals](https://github.com/bitcoin/bips) * [Bitmap Theory Whitepaper](https://gitbook.bitmap.land/bitmap-theory-whitepaper) --- BIP 270 is a bitcoin protocol to pay invoices.
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