How is a transaction verified in a crypto currency network
28 Mar 2025 10:34 #1537
by MaxAlbert
Replied by MaxAlbert on topic How is a transaction verified in a crypto currency network
crypto currency transaction are recorded on a public ledger known as the block chain . Each transaction contains details such as the sender’s address, the receiver’s address, and the amount transferred. they are verified by a decentralized network of computers, When a user initiates a transaction, it is broadcast to the network. Nearby nodes receive the transaction first and verify its basic validity. Transaction verification is the backbone of crypto currency networks. he continuous improvement of verification processes will shape the future of digital currencies.
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