CryptoWanderer
Sat Sep 07 2024
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6 answers
1325
How are bitcoin transactions validated?
Could you please explain the process by which Bitcoin transactions are validated? I'm curious to know the steps involved and the technology that enables it. Do miners play a crucial role in this validation process? How does the network ensure that transactions are legitimate and secure? Is there a way to prevent double-spending or fraud in the Bitcoin system? I'm interested in understanding the intricacies of this validation mechanism and how it contributes to the overall security and stability of the Bitcoin network.
