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How are transactions verified in blockchain

How are transactions verified in blockchain

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The people who own the decision to add a transaction together through companies that aggregate.

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How transactions are verified in Bitcoin Blockchain - Longest chain rule explained
With proof of work, all transactions are verified and broadcast throughout the entire system, making them nearly impossible to tamper with or change. If you. The people who own the computers in the network are incentivised to verify transactions through rewards. This process is known as 'proof of work. A transaction is considered verified.

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As more and more blocks are added, how does the data remain manageable? Proof of Work requires the people who own the computers in the network to solve a complex mathematical problem to be able to add a block to the chain. This system can be seen as both a pro and a con. Process of Blockchain Transaction Verification Role of Miners in Verification Within the labyrinthine architecture of the blockchain network, a certain group, aptly called "miners," is entrusted with the task of validating transactions.