Coinsclone - Bitcoin & Cryptocurrency Exchange Script

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Hello Everyone, I am going to discuss the secured bitcoin transaction. How does a bitcoin transaction work? To send a  Bitcoin  successfully from one address to another isn’t a big task, a sender would need an address and a private key. The Bitcoin address is a random sequence of numbers and letters, which is publicly accessible and exists to protect the identity of the user. The personal information of the account holder is not displayed though and the reason why the address is public is so that transaction can be verified. The private key is also made of letters and numbers. However, unlike the address, it is secret. In order to complete the transfer, the sender uses their private key to access the amount of Bitcoin and the receiver’s address. Bitcoin’s system recognizes typos and will not allow a transaction to be made to an invalid address. The bitcoin transaction will only be completed when the miners in the network verify the process, which usually takes ...