Cryptocurrency Q&A
Are all Bitcoin transactions recorded?
Are all Bitcoin transactions recorded?
SsangyongSpirit
Fri Dec 06 2024
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7 answers
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I'm wondering if every single transaction made with Bitcoin is actually recorded somewhere. Is there a ledger or a system that keeps track of all these transactions?
7 answers
StormGalaxy
Sun Dec 08 2024
Instead of relying on accounts, Bitcoin uses a blockchain to track ownership and transactions.
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isabella_cole_psychologist
Sun Dec 08 2024
Bitcoins do not possess a tangible form. They do not exist as physical entities.
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Michele
Sun Dec 08 2024
There are no physical bitcoins that one can hold or store in a physical location.
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Silvia
Sun Dec 08 2024
Bitcoin owners do not have traditional accounts in the sense that users of other financial systems do.
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DondaejiDelightful
Sat Dec 07 2024
The blockchain serves as a comprehensive ledger of all Bitcoin transactions.
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