Cryptocurrency Q&A
How is Bitcoin transferred?
How is Bitcoin transferred?
Carlo
Sun Dec 22 2024
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7 answers
1500
I want to know the process of transferring Bitcoin. What steps are involved in sending Bitcoin from one person to another? How does the transaction get verified and recorded on the blockchain?
7 answers
CryptoProphet
Tue Dec 24 2024
These signatures and the public key are appended to the end of the bitcoin.
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Carlo
Tue Dec 24 2024
A Bitcoin is defined as a sequence of digital signatures.
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Valentino
Tue Dec 24 2024
Each bitcoin owner transfers the currency to the subsequent owner through a digital process.
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Elena
Tue Dec 24 2024
This process involves signing a hash of the previous transaction.
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KpopMelody
Tue Dec 24 2024
Additionally, the public key of the next owner is also digitally signed.
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