Page 1 of 1

Transaction ID (TXID): A unique identifier for each transaction

Posted: Wed May 21, 2025 4:34 am
by rosebaby3892
Timestamp: The time when the block was mined.
Difficulty Target: A value indicating the canadian hospitals email list target hash value that miners must achieve to solve the cryptographic puzzle.
Nonce: A number that miners adjust repeatedly to find a block hash that meets the difficulty target.
Transaction Data (Block Body):


Inputs: References to previous unspent transaction outputs (UTXOs) that are being used as funds for the current transaction. This is how Bitcoin tracks ownership – it's not like an account balance, but rather a chain of ownership transfers.
Outputs: Specifies the amount of Bitcoin being sent to specific recipient addresses.
Digital Signatures: Cryptographic signatures from the sender, proving ownership and authorization to spend the funds.
Public Keys: The public address of the recipient.
It's important to note that Bitcoin's blockchain is pseudonymous. While all transactions and addresses are public, the real-world identities of the individuals or entities behind those addresses are not directly revealed on the blockchain itself.