Cryptocurrency Q&A
What is proof of payment in Bitcoin?
What is proof of payment in Bitcoin?
QuasarStorm
Tue Dec 24 2024
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6 answers
1044
I'm trying to understand the concept of proof of payment in the context of Bitcoin. Specifically, I want to know what constitutes as valid proof that a Bitcoin transaction has been made and how this proof can be verified.
6 answers
charlotte_wright_coder
Thu Dec 26 2024
This cryptographic proof serves as an unalterable record, ensuring the authenticity of the payment.
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Tommaso
Thu Dec 26 2024
Depending on the type of proof, it can reveal the identities involved, specifically the public keys of the sender and receiver.
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KimonoGlitter
Thu Dec 26 2024
Additional details pertaining to the payment, like a comprehensive invoice, can also be encapsulated within this proof.
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SkylitEnchantment
Thu Dec 26 2024
However, it's worth noting that not every proof of payment offers these extensive features.
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DigitalEagle
Thu Dec 26 2024
Payment proof represents a cryptographic verification method that confirms the completion of a transaction.
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