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Bitcoin UTXOs ExplainedAt its most basic, a blockchain is a list of transactions that anyone can view and verify. The Bitcoin blockchain, for example, contains a record of every. The steps involve creating a new unique Bitcoin address, submitting the payment, verifying the transaction, encoding the information in a new block, and. A blockchain is a decentralized, distributed, and often public, digital ledger consisting of records called blocks that are used to record transactions across.
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