Can bitcoin transactions be tracked?

Yes, Your Bitcoin Transactions Can Be Tracked – and Here Are the Companies That Are Doing It

What is bitcoin blockchain & how does it work?

The bitcoin blockchain is a database of alphanumeric strings and numbers. It does not contain any real-world identity. Therefore, it presents some challenges when it comes to identifying the transactions. Self custody and Intermediate wallets — It is effortless to create thousands of wallets on the bitcoin blockchain and self-custody your funds.

Can a blockchain explorer track bitcoin transactions efficiently?

Standard blockchain explorers are not suitable for tracking Bitcoin transactions efficiently. For example, if a criminal is using hundreds of intermediate wallets, it can take days to track and map all those transactions. However, our Coinpath® technology is built to trace blockchain transactions efficiently.

What happens when a transaction is submitted to the bitcoin network?

When a transaction is submitted to the Bitcoin network, the information is passed on through all Bitcoin nodes—all computers connected to other computers in the blockchain—at the same time (through the blockchain).