š How a Blockchain Transaction Works
1ļøā£ You Send
You enter the amount and the receiverās address ā hit send.
2ļøā£ Transaction Broadcast
Your transaction is shared with the blockchain network, not a bank.
3ļøā£ Validation
Nodes check:
⢠Is the signature valid?
⢠Do you have enough balance?
⢠Is it double-spent?
4ļøā£ Block Inclusion
Once verified, the transaction is grouped with others into a block.
5ļøā£ Confirmation
The block is added to the blockchain.
Each new block = more security.
š Final Result:
Transparent ā
Secure ā
Almost impossible to reverse ā
š A blockchain transaction = trustless, peer-to-peer value transfer.
#Transaction #secure