Federica
Fri Jul 12 2024
|
7 answers
1601
What is a bitcoin Explorer & how does it work?
What exactly is a <a href="https://www.btcc.com/en-US/academy/research-analysis/bitcoin-btc-price-prediction-2023-2025-2030-is-btc-a-good-investment" title="Bitcoin">Bitcoin</a> Explorer and how does it function in the realm of cryptocurrency? As a finance professional, I'm interested in understanding the role and capabilities of this tool. A Bitcoin Explorer, I've heard, offers a visual representation of the Bitcoin blockchain, allowing users to delve deeper into the network's transactions and activities. Could you elaborate on how it achieves this, and perhaps provide some examples of how professionals utilize such an explorer in their daily work? Additionally, I'm curious to know if there are any specific features or functionalities that make one Bitcoin Explorer stand out from the rest.
GinsengBoost
Wed Jul 10 2024
|
5 answers
783
What is broadcast transaction - mempool - bitcoin explorer?
Could you elaborate on the concept of "broadcast transaction - mempool - <a href="https://www.btcc.com/en-US/academy/research-analysis/bitcoin-btc-price-prediction-2023-2025-2030-is-btc-a-good-investment" title="Bitcoin">Bitcoin</a> explorer" in the context of cryptocurrency? Specifically, I'm interested in understanding how a transaction is broadcasted onto the Bitcoin network, how it enters the mempool, and how a Bitcoin explorer can be used to track and analyze these transactions. What are the key steps involved in the process? Additionally, how does the mempool work and what factors determine whether a transaction is prioritized for inclusion in a block? Lastly, how can a Bitcoin explorer provide valuable insights into the transaction lifecycle and the state of the network?
