explained Archives - Bitcoin Market

November 24, 2025

What Is a Bitcoin TXID? Explaining Transaction IDs

Discover what a bitcoin TXID is: a unique transaction identifier (a long hexadecimal hash) that lets users track, verify, and reference bitcoin transfers on the blockchain for transparency and auditing.

November 14, 2025

What Is Bitcoin Mining: Validating Transactions & Security

bitcoin mining validates transactions and secures the network by solving cryptographic puzzles. Miners bundle transactions into blocks, earn rewards, and uphold blockchain consensus via proof-of-work.

November 5, 2025

Understanding Bitcoin BIPs: Improvement Proposals Explained

This article explains bitcoin Improvement Proposals (BIPs): their purpose, how they’re proposed, reviewed, and adopted, and why they’re vital for coordinating protocol changes and community governance.