How can I find the txn hash for a Bitcoin transaction?
Oleksander SimkinDec 26, 2021 · 3 years ago3 answers
I'm new to Bitcoin and I'm trying to understand how to find the transaction hash for a Bitcoin transaction. Can someone explain to me the process of finding the txn hash and why it's important?
3 answers
- Dec 26, 2021 · 3 years agoSure! When you make a Bitcoin transaction, it gets recorded on the blockchain, which is a public ledger. Each transaction is assigned a unique identifier called a transaction hash. To find the txn hash for a Bitcoin transaction, you can use a blockchain explorer like Blockchair or Blockchain.com. Simply enter the Bitcoin address or transaction ID, and it will display the transaction details, including the txn hash. The txn hash is important because it allows you to track and verify the status of your transaction on the blockchain.
- Dec 26, 2021 · 3 years agoFinding the txn hash for a Bitcoin transaction is quite simple. All you need is the transaction ID or the Bitcoin address involved in the transaction. You can then use a blockchain explorer like Blockstream.info or Bitaps.com to search for the transaction and retrieve the txn hash. The txn hash is a unique identifier that helps you locate and verify the transaction on the blockchain. It's like a digital fingerprint that ensures the integrity and transparency of the Bitcoin network.
- Dec 26, 2021 · 3 years agoAs an expert in the cryptocurrency industry, I can tell you that finding the txn hash for a Bitcoin transaction is crucial for various reasons. Firstly, it allows you to confirm that your transaction has been successfully broadcasted to the network. Secondly, it enables you to track the progress of your transaction and ensure it has been included in a block. Lastly, the txn hash serves as proof of the transaction's existence on the blockchain, providing transparency and accountability. At BYDFi, we recommend using blockchain explorers like Blockchair or Blockchain.com to easily find the txn hash for your Bitcoin transactions.
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