Cryptocurrency transactions can be mysterus, but their rest rest function of the relativity of simple and fascinating principles. If you are requesting comments on transactions are valid and secure, this article is done. Let's decompose the process in a clear and accessible way.

Blockchain: the big account book

Transaction when one in cryptocurrency is carried out, for example, the Bitcoins Evoire to a friend, it must be ingented Danse unimontable. This is where the blockchain comes in. The blockchain can be compared to a large public account book where each reores a block of transactions.

This book is not held by one person or an organization, Corn by milletier of adults distributed around the world. Each blockchain user can consult this register, but nobody pee the modifier unilateal. This transparency and decentralization are essential for the security and the antigrity of the system.

Validation of transactions: the role of minors

Transaction Before it can be added to the blockchain, it must be valid. This step is crucial to ensure that the bitcoins sent really and that they did not already spend elsewhere. The validation of transactions is effective by “minor”, which does not feel of the ploting of the person in the mines, but rather of the complex then ornidator.

The transaction validation process is called “mining”. Imagine of the minor not creusing for gold, but resolving complex mathematical equations to verogier the validity of transactions. When a minor resolves a mathematical enigma, he adds a new blockchain transactions block. As a reward for their work, the Minurs receive new cryptocurrency units, such as Bitcoins, which constitute the “block reward”.

To illustrate this process, consider and simple copies: the sending of 1 bitcoin to a united named Sofia. Here's how Cela gets shirted:

  1. Creation of the transaction: You initiated the transaction by indicating that you want to send 1 bitcoin of your address to that of Sofia.
  2. Diffusion of the transaction: Transaction of this is the bathroom bathroom to the whole blockchain network.
  3. Transactions verogation: The minors collect the voting transaction as well as from ures in an attractive, and the comments center the process of Vérogation.
  4. Validation: A minor resolves the associated mathematical enigma and validates your transaction.
  5. Addition to the blockchain: The valid transaction is added to a new block, which is the bathroom wrapped in the blockchain.
  6. Confirmation: Sofia receives her bitcoin, and the transaction becomes visible to all blockchain.

This process can take one of the temperatures, but ensures that each transaction is the secure and verified of transparent and decentralized manore.

In CRO, cryptocurrency transactions are sharp on a blockchain, verified by mines through a validation and mining process, then permanently added to the blockchain. This system garts the safety, counteratorship and atigority of pulls.