Questions tagged [transaction]

CryptoDynasty Sun Sep 08 2024 | 6 answers 1438

Excuse me, could you please clarify what exactly an onus transaction is? I've come across the term in a few articles about blockchain and cryptocurrency, but I'm still a bit confused about its specific meaning and how it differs from other types of transactions. Is it a unique feature of a particular blockchain or cryptocurrency, or is it a more general concept? Could you provide a concise yet comprehensive explanation of what an onus transaction entails, and perhaps give an example or two to help illustrate the concept? Thank you in advance for your assistance.

Valentino Sun Sep 08 2024 | 7 answers 1397

Could you please explain what a coinbase transaction is in simple terms? I've heard it mentioned in the context of cryptocurrency mining but I'm not entirely sure what it entails. Is it a specific type of transaction that occurs during the mining process? And if so, how does it differ from other types of transactions in the blockchain? I'm eager to learn more about this concept and how it fits into the broader cryptocurrency ecosystem.

Silvia Sun Sep 08 2024 | 5 answers 1041

Sure, here's a simulated questioner tone based on the paragraph: "I'm new to the world of cryptocurrency and I'm wondering, how do I know if a Bitcoin transaction has been confirmed? I've heard that transactions can take some time to process, so I'm curious about the process and what I should be looking out for to ensure that my transaction has gone through successfully. Can you explain the steps I should follow to verify that my bitcoin transaction has been confirmed?

FireFlyer Sat Sep 07 2024 | 0 answers 0

Could you explain what occurs when a Bitcoin transaction exceeds the block limit? Does this mean the transaction won't go through, or is there some form of penalty or fee associated with it? Additionally, how does this affect the speed and efficiency of the Bitcoin network as a whole? Lastly, are there any measures in place to prevent this from happening in the future?

Caterina Sat Sep 07 2024 | 7 answers 1465

I'm curious to know, what exactly does a cryptocurrency transaction look like when it's being conducted at a business? Do customers need to use a special app or website? How does the payment process work? And how does the business receive the funds from the transaction? I'd appreciate any insights you can provide on this topic.