Is it possible to reverse a transaction if I have the txhash?

3 answers

• Jan 13, 2022 · 3 years ago
  No, once a transaction is confirmed and added to the blockchain, it cannot be reversed. The decentralized nature of cryptocurrencies like Bitcoin and Ethereum ensures that transactions are irreversible. This is one of the key features that provide security and trust in the digital currency ecosystem.
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• Jan 13, 2022 · 3 years ago
  Unfortunately, reversing a transaction is not possible even if you have the txhash. Once the transaction is included in a block and added to the blockchain, it becomes a permanent record that cannot be altered or reversed. It's important to double-check all transaction details before confirming them to avoid any irreversible mistakes.
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• Jan 13, 2022 · 3 years ago
  As an expert from BYDFi, I can confirm that reversing a transaction is not possible even if you possess the txhash. Once a transaction is confirmed and added to the blockchain, it becomes a permanent part of the transaction history. This immutability is a fundamental characteristic of cryptocurrencies and ensures the integrity of the system.
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