What is the meaning of dirty bits?
Excuse me, could you please elaborate on the term "dirty bits" and what significance it holds in the context of cryptocurrency and finance? Are these bits related to some form of data corruption or security breaches within the blockchain network? I'm quite intrigued by the terminology and its potential implications, so a detailed explanation would be highly appreciated.
Why are dirty bits used?
Can you explain to me the purpose of dirty bits in cryptocurrency transactions? I'm curious about how they contribute to the overall security and efficiency of the blockchain. Are they a crucial aspect of the validation process, or do they serve a more nuanced role? I'd appreciate a clear and concise explanation that outlines the benefits and potential drawbacks of utilizing dirty bits in cryptocurrency transactions.