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What is a Coinbase Transaction? Coinbase transaction is the first Transaction in every Block and it can only be created by the miner. Miner creates a...
NFT stands for Non-Fungible Token. Don’t worry, if this full form does not make any sense, right now. You will have a clear understanding of NFTs once...
Miners choose transactions from Memory Pool based on the High Transaction fees because it is more profitable for them. If Miner is able to mine a...
What is Bitcoin Transaction Life Cycle? Let’s understand this with an example, suppose Jane wants to send 10 Bitcoins to Alice? Jane will use a wallet...
Have you ever wondered what happens after you click on send button? Allow me to explain the process. Once you click on send button, the transaction...
UTXO stands for Unspent Transaction Output. Let’s understand this with an example, Suppose Jane(14UwWGHekdseWyQiHNUukPzCxD36R7Bh9A) transferred 10...
