What Are Blockchain Transactions?

What Are Blockchain Transactions?

Blog Article

A blockchain transaction is a digital exchange of assets, data, or copyright recorded on a blockchain network. Every transaction is validated by network participants and permanently added to a block, which is then linked to previous blocks, forming an immutable chain of records.

Key Characteristics of Blockchain Transactions:

• Security: Transactions are encrypted and resistant to tampering.


• Transparency: Every transaction is recorded on a public ledger, visible to all participants.


• Decentralization: Transactions are verified collectively, eliminating reliance on central authorities.


• Immutability: Once added, a transaction cannot be altered or deleted.

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