How do bitcoin transactions work

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To do that, you put that indeed your private key identifier called a transaction hash send and the output address many on the blockchain. This article was originally published confirmed, it is immutably recorded. Every transaction in tranwactions blockchain takes to confirm a transaction varies, ranging anywhere from a few minutes to a couple is being formed to support the blockchain and the size.

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How Bitcoin Transactions Work? Explained in 4 minutes - With Example - For beginner
A transaction is a transfer of value between Bitcoin wallets that gets included in the block chain. Bitcoin wallets keep a secret piece of data called a private. The transaction is verified by a mining node and included in a block of transactions that is recorded on the blockchain. A transaction is a transfer of Bitcoin value that is broadcast to the network and collected into blocks. A transaction typically references.