Jump to content

File:An actual Bitcoin transaction from the Kraken cryptocurrency exchange to a hardware LedgerWallet.jpg

Page contents not supported in other languages.
This is a file from the Wikimedia Commons
From Wikipedia, the free encyclopedia

Original file (3,065 × 2,349 pixels, file size: 1.26 MB, MIME type: image/jpeg)

Summary

Description
English: An actual bitcoin transaction from the Kraken cryptocurrency exchange to a hardware cryptocurrency wallet.

The scenario is that user 1 is on Kraken.com and user 2 has a (new) hardware wallet. In reality user 1 can be on a different part of the world on a different computer than user 2. The hardware wallet does not have to be connected to receive or verify a transaction. The computer is a Microsoft Windows Surface Pro 4 tablet with Windows 10. The hardware wallet is a Ledger Nano S from ledgerwallet.com.

User 1: The user 1 accessed kraken.com through the Microsoft Edge browser and logged in with username, password and Google Authenticator (two-factor). He pays the fee (in this case 0.001 bitcoin) and transfers the bitcoins (in this case 0.004 bitcoins) to the address provided (phone, email, etc.) by user 2.

The transaction is now complete. User 2 does not have to take any further action. User 2 can verify the transaction by opening his wallet:

User 2: The hardware cryptocurrency wallet Ledger Nano S operates with its own cryptocurrencies wallet interfaces: Ledger Apps (free Google Chrome applications). The user 2 has previously already installed the 'Ledger Wallet Bitcoin' Google Chrome app from LedgerWallet.com on the tablet. User 2 starts the 'Ledger Wallet Bitcoin' application on the tablet. User 2 connects the hardware wallet trough USB. This also powers on the hardware wallet. User 2 enteres his pin on the physical hardware wallet by pressing the buttons on the hardware wallet (not on the computer) and selecting the right numbers. Then he selects the bitcoin wallet (and not the Ethereum) on the hardware wallet. The 'Ledger Wallet Bitcoin' application detects that the hardware wallet has been enabled and shows the transaction of user 1. Because the hardware wallet is new and had never been used before the transaction of 0.004 bitcoin is the same as the total (upper right in the picture).

The transaction was made from the bitcoin address 3BVhbSXMDmoHxkf27Xdgp8Evw85Rukade8 'at' Kraken (see picture) to the hardware wallet bitcoin addres 1G6WPuFy4XQ5pE9h6r511ndHtRHY5ptyP4 (not in the picture). Both/all bitcoin transactions are publicly verifiable at for example https://blockchain.info/address/3BVhbSXMDmoHxkf27Xdgp8Evw85Rukade8 (the bottom 0.004 BTC) and https://blockchain.info/address/1G6WPuFy4XQ5pE9h6r511ndHtRHY5ptyP4
Date
Source Own work
Author FlippyFlink
Camera location52° 05′ 02.8″ N, 4° 19′ 39.96″ E  Heading=141.109705° Kartographer map based on OpenStreetMap.View this and other nearby images on: OpenStreetMapinfo

Licensing

I, the copyright holder of this work, hereby publish it under the following license:
w:en:Creative Commons
attribution share alike
This file is licensed under the Creative Commons Attribution-Share Alike 4.0 International license.
You are free:
  • to share – to copy, distribute and transmit the work
  • to remix – to adapt the work
Under the following conditions:
  • attribution – You must give appropriate credit, provide a link to the license, and indicate if changes were made. You may do so in any reasonable manner, but not in any way that suggests the licensor endorses you or your use.
  • share alike – If you remix, transform, or build upon the material, you must distribute your contributions under the same or compatible license as the original.

Captions

An actual bitcoin transaction from the Kraken cryptocurrency exchange to a hardware cryptocurrency wallet.

Items portrayed in this file

depicts

31 July 2017

52°5'2.800"N, 4°19'39.961"E

heading: 141.109705 degree

0.01 second

4.15 millimetre

image/jpeg

de066c3c021d21f8b67faa4c3d92958ae0b139fc

1,321,266 byte

2,349 pixel

3,065 pixel

File history

Click on a date/time to view the file as it appeared at that time.

Date/TimeThumbnailDimensionsUserComment
current08:50, 13 September 2017Thumbnail for version as of 08:50, 13 September 20173,065 × 2,349 (1.26 MB)FlippyFlinkCropped the image.
12:26, 7 September 2017Thumbnail for version as of 12:26, 7 September 20173,264 × 2,448 (825 KB)FlippyFlinkUser created page with UploadWizard

The following 2 pages use this file:

Global file usage

The following other wikis use this file:

Metadata