Questions tagged [bitcoin transaction]

CherryBlossomDancing Tue Oct 29 2024 | 0 answers 0

I sent some bitcoins, but the transaction has not been confirmed yet. I'm wondering if the unconfirmed Bitcoin transaction will be returned to me eventually if it remains unconfirmed for a long time.

Federico Mon Oct 07 2024 | 7 answers 1406

Sure, here's a description simulating the tone of a questioner, based on the paragraph: "Hey there, I'm new to the world of cryptocurrency and I'm trying to wrap my head around how transactions work on the Bitcoin network. I've heard the term 'txid' being used a lot, but I'm not sure what it stands for or how to identify one. Can you help me understand how I can know if a Bitcoin transaction is a txid? Is there a specific format or identifier I should be looking for? I'd really appreciate any guidance you can provide!

Tommaso Sun Sep 08 2024 | 7 answers 1282

Excuse me, but could you clarify something for me about Bitcoin transactions? I'm wondering, how many Unspent Transaction Outputs (UTXOs) can typically be found within a single bitcoin transaction? I understand that each UTXO represents a portion of bitcoin that has not yet been spent, but I'm unsure of the specific number that might be involved in a typical transaction. Could you enlighten me on this matter?

Caterina Sun Sep 08 2024 | 6 answers 1312

I'm curious to know, is it possible for a hardware wallet to initiate and send a Bitcoin transaction? Given that hardware wallets are designed to provide an extra layer of security for storing cryptocurrency, I'm wondering if they also have the capability to facilitate transactions in addition to just safeguarding my digital assets. Could you clarify if this functionality is indeed present within hardware wallets and if there are any specific steps or requirements involved in the process?

EthereumEagleGuard Thu Aug 29 2024 | 5 answers 1515

I'm curious, what exactly happens when a Bitcoin transaction is not confirmed? Does it mean the funds are stuck in limbo? Could there be any risks associated with an unconfirmed transaction? And is there a way to expedite the confirmation process? Understanding the implications of an unconfirmed Bitcoin transaction would be invaluable in managing my crypto assets.