Understanding How Bitcoin Transactions Really Work
bitcoin transactions don’t move coins, they update the ledger. Inputs reference previous outputs, signatures prove ownership, and miners confirm validity by embedding them in new blocks.
How Bitcoin Transactions Are Tracked on the Blockchain
bitcoin transactions are tracked on the blockchain through a public ledger. Each transaction is grouped into blocks, verified by miners, and linked cryptographically to previous blocks.
Bitcoin Transactions: Irreversible After Confirmation
bitcoin transactions become irreversible once confirmed on the blockchain. After miners include a transaction in a block and additional confirmations accrue, funds cannot be reversed, ensuring finality and security.