📘 Crypto Class
#33 How does a transaction work in Bitcoin? (Step by step)
Many people use Bitcoin.
But few understand what happens when you send a transaction.
Let's keep it simple:
1️⃣ You send Bitcoin from your wallet.
2️⃣ The transaction is broadcast to the network.
3️⃣ The nodes verify it.
4️⃣ The miners include it in a block.
5️⃣ The block is confirmed on the blockchain.
And that's it.
But there is something important:
📌 It's not immediate like a traditional bank transfer.
📌 It depends on the network congestion.
📌 It depends on the fee you pay.
The higher the fee, the faster it typically gets confirmed.
That's why sometimes you hear:
"It has 1 confirmation"
"It has 3 confirmations"
Each confirmation means that the block was validated and added to the chain.
This is what makes Bitcoin:
✔️ Secure
✔️ Transparent
✔️ Hard to modify
It's not magic.
It's cryptography and decentralized consensus.
Understanding this changes your perception:
You're not just sending money.
You're interacting with a global network.
#bitcoin #blockchain #EducaciónCripto #BinanceFeedEarning