Cryptocurrency Q&A What does TX mean in transaction?

What does TX mean in transaction?

CryptoMystic CryptoMystic Sat Aug 31 2024 | 7 answers 1297
Excuse me, could you please clarify for me what the term "TX" stands for when used in the context of cryptocurrency transactions? I've noticed it being used frequently but am unsure of its exact meaning. Is it an abbreviation for a specific process or concept related to how transactions are processed, verified, or recorded on the blockchain? I'd appreciate it if you could provide a concise explanation to help me better understand its significance in the world of cryptocurrency transactions. What does TX mean in transaction?

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