Cryptocurrency Q&A
How does money move in the blockchain?
How does money move in the blockchain?
EthereumEmpress
Thu Nov 14 2024
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7 answers
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I'm curious about how transactions work in the blockchain technology. Specifically, I want to understand the process of how money moves within the blockchain system.
7 answers
emma_carter_doctor
Sat Nov 16 2024
In this system, each financial transaction is meticulously recorded onto a digital block.
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Federico
Sat Nov 16 2024
These blocks are subsequently organized in a linear sequence, forming a chain of blocks.
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SamuraiCourageous
Sat Nov 16 2024
The arrangement of these blocks follows a chronological order, reflecting the temporal sequence of transactions.
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Daniele
Sat Nov 16 2024
Maintaining this chain of blocks is a collective responsibility undertaken by a vast network of computers, referred to as nodes.
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WindRider
Sat Nov 16 2024
Blockchain technology facilitates the tracking of money movements between wallets utilizing a decentralized ledger system.
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