Bitcoin transactions involve the transfer of digital currency between two Bitcoin addresses, and these transactions are documented on a public ledger known as the blockchain. The blockchain enables transparency and accountability within the Bitcoin network. To initiate a Bitcoin transaction, a user must broadcast it to the network. Afterward, miners on the network authenticate the transaction and add it to the blockchain. Transaction validation usually takes only a few minutes, although the duration may fluctuate based on network congestion and the transaction fees paid by the sender.
How can Bitcoin transactions be traced? While Bitcoin transactions can be easily tracked through blockchain explorers, conducting them anonymously is becoming increasingly difficult. The transparency of the Bitcoin blockchain allows for the mapping of activity...
