Who tracks the bitcoins and records the transactions? - Page 7 - Crypto World - CryptoTalk.Org Jump to content
starwill

Who tracks the bitcoins and records the transactions?

Recommended Posts

This is totally well planned network by the Nakamoto and it is still working and people are earning more from this platform and transacting assets.

Share this post


Link to post
Share on other sites

The miners select the transactions, then create the block according the the bitcoin software rules, and the blocks are added to the blockchain one by one, every ten minutes, while they are all connected together and transactions are also connected with hashes. 

Share this post


Link to post
Share on other sites

I do not know who takes the record but the technology the blockchain is the design which is already coded to record the transactions so you can say that it is blockchain who keeps the record

Share this post


Link to post
Share on other sites

Bitcoin miner have the resources to record the transactions which they got payment for their work depending on the quality of their mining equipment. 

Share this post


Link to post
Share on other sites

I want to tell you that about the tracks and the transactions of the Bitcoin I think the moderators of this forum is maintain the record of the transactions and the post of this forum and you should not too worried about that

Share this post


Link to post
Share on other sites

There are different platform that are tracking and monitoring the transactions everyday. There is a problem, sometime, and this can be resolved as soon as possible. This is a technical problem that can be monitored and some extension occur when this problem resolved. However your income always safe on this platform.

Share this post


Link to post
Share on other sites

I think it is only the system who do all these things like the coding of some kind with the help of which you can make the record and there is no person who do it specially.

Share this post


Link to post
Share on other sites

I do not have idea on the people who track bitcoin and record transaction on the cryptocurrency business but i believe I will get those answer through research, but i am thinking its the people who are into the mining that are in charge 

Share this post


Link to post
Share on other sites

You can track bitcoin transections on blockchain website. But you can not identify the real person behind those transections. So bitcoin is one kind of untraceable money. This transections are too much secured also.

Share this post


Link to post
Share on other sites

Mining operations are continuing, which are steps that achieve great success for investors, and all that you take some steps deserve a reward for this and increase the investor's balance, so it is very good and useful ideas and a system that I see is really good

Share this post


Link to post
Share on other sites

My friend, the main observer of cryptocurrencies in general, especially Bitcoin, is done by the central blockchain platform that controls the cryptocurrency market, it is the one who registers and controls new currencies and also monitors any currency and gives value to any currency and builds it on Bitcoin in general, and it preaches the mediator between miners and currencies Encrypted and members thanks

Share this post


Link to post
Share on other sites

Thank you for the information, these miners friends are tasked with recording Bitcoin transactions via Blockchain with a complex algorithm and storing them in various blocks around the world, and miners will get prizes in the form of Bitcoin. Becoming a miner is not easy because it requires a capable computer and has high costs.

  • +1 1

Share this post


Link to post
Share on other sites

I think cryptocurrency mining is very important for everyone. I think bitcoin mining process is adding transection to the public records. In cryptocurrency mining high level equipment is used for competing performance and ensure the transection are real and safe.

Share this post


Link to post
Share on other sites

Bitcoin transactions are fully traceable, which means that we can track any Bitcoin activity. Sure, there are some limitations. If the person mixes or agrees to make a joint transaction, the origin of the bitcoins could be difficult to locate. But that is, by itself, information. Based on the way of doing the transactions, the income and expenses and the amount treated, we can group addresses to know who is that single person or only company that has several addresses.

Share this post


Link to post
Share on other sites

Yeah you can track your bitcoin transaction. You can track it on bitcoin website. But you can't identify the real user behind those transactions. So bitcoin is untraceable money. Other cryptocurrency can't be traced. That's why many countries don't accept cryptocurrency. This transaction are too much secure. 

Share this post


Link to post
Share on other sites

In my opinion Bitcoin and crypto use blockchain and all transactions are processed behind the transaction and we say that this is the back process and this runs between the internet. No one can control this transaction. 

Share this post


Link to post
Share on other sites

I think it depends on the platform that you wll send some coins example in remittance, if you are sending money from them.It can track bitcoin transaction until they send it from hardware wallet using private sending option to hide it from blockchain by paying more.

Edited by Afreen603

Share this post


Link to post
Share on other sites

Our own individual transactions are tracked by ourselves (if I got your question correctly). The transactions as a whole is tracked by Blockchain technology. 

Share this post


Link to post
Share on other sites

Dear friend as you know that there is a blockchain system which controls cryptocurrencies and in this system all the transactions history and all the queries about cryptocurrencies are stored and all these things are stored digitally we can access over history at any time from our wallet.

  • +3 1

Share this post


Link to post
Share on other sites
On 10/15/2019 at 5:16 AM, starwill said:

The miners are the blockchain workers, basically. They are responsible for recording the various transactions on the network, ensuring that each cryptocurrency is unique and that this information is shared with all other participating miners in the community. In cryptocurrency mining, high-level computing equipment is used that, through the solution of algorithms after performing complicated mathematical calculations, ensures that the transactions are real and safe. For this work, the miners receive a reward that makes this activity a profitable business for many companies and individuals.
 

Thank you so much for your information, miners setup and record the transactions but they are not totally right or hundred percent accurate in estimation because no one can  calculate the transaction of the digital currency totally.

  • +3 1

Share this post


Link to post
Share on other sites

Earlier I have learned this thing in cryptotalk that miners are the ones who solve a particular equations and approve the transaction. This equations are so difficult that if a normal human sit to solve it then it may take hours or days. So imagine the time it will take for one transaction to happen. So this job is carried out by the highly programmed computers.

Share this post


Link to post
Share on other sites

Who records bitcoin and events?
The blockchain automatically stores every event in the general ledger. In fact, it does not automatically identify the user's Bitcoin payment transactions, but rather searches for other sources such as contacts, phone, WhatsApp, converting bitcoins to fiat currencies (in US dollars) and converting them to a bank account. Transportation. It is also monitored in case of cancellation.

Share this post


Link to post
Share on other sites

This is one factor I keep wondering about, but at same time I really think but have no idea on how to get the answer, and sometimes I just come to conclusion that it is because it's a decentralized platform.

Share this post


Link to post
Share on other sites

There is an open network that records transactions continuously, and everyone who miners helps in this matter, so it records on his device whoever carried out a process, whether in buying or selling

  • +2 1

Share this post


Link to post
Share on other sites

Being a miner is hard work in real life in mountains, so let's think about cryptocurrency miners who if they make a mistake this is something that would affect everyone and even the entire network, so the miners are here to thank you for the excellent service so far.

  • Useful or interesting 1

Share this post


Link to post
Share on other sites

  • Recently Browsing   0 members

    No registered users viewing this page.

  • Topics

  • Сообщения

    • Turn your Cryptocurrency into Real Money with Bitmore! Did you know that your cryptocurrencies can become a convenient and fast source of cash? It's time to take advantage of the opportunities offered by Bitmore! Advantages of exchanging with Bitmore: Speed and Convenience: Lightning-fast exchange without unnecessary delays. Competitive Rates: Get the best value for your cryptocurrencies. Complete Security: Your transactions are protected by the most advanced technology. Act now! Go to our website and make your first exchange. Don't miss the chance to turn your digital assets into real money! Visit us now!
    • 14.05.2024 Тарифы Kingex 👑   Покупка криптовалюты / Buying cryptocurrency:   BTC/ETH  +1.3% (Мы доплачиваем) USDT  +1.3% (Мы доплачиваем)   ^^SALE^^ от 50k    + 1.5%    Продажа криптовалюты / Selling cryptocurrency:   BTC/ETH  +3.2%  USDT   +3.2%    Оператор: @Kingex Сайт: Kingex.io Курс на протяжении дня может меняться! ------------------------ Будьте ОСТОРОЖНЫ, появились фейки! Наш телеграм: @Kingex
    • Криптовалютный кит, потерявший биткойны (WBTC) на сумму 71 миллион долларов в результате пылевой атаки, получил назад украденные средства после переговоров с хакером. Согласно твиту компании PeckShield, занимающейся безопасностью блокчейнов, мошенник начал возвращать средства 9 мая и завершил процесс 11 мая. Кража WBTC на 71 миллион долларов Неприятности «кита» начались 3 мая после того, как они по ошибке отправили 1155 WBTC на неправильный адрес, помещенный в историю транзакций, из-за отравления адреса. Атака по отравлению или удалению адреса — это мошенничество, при котором злоумышленник отправляет транзакцию нулевой или незначительной стоимости в кошелек жертвы, чтобы адрес появился в истории транзакций. Эти вредоносные адреса обычно имеют такие же начальные и конечные символы, что и настоящие кошельки жертвы, что делает их невидимыми на первый взгляд. Как сообщили СМИ, в этой ситуации вредоносный и реальный адреса имели символы, начинающиеся с 0xd9A1 и заканчивающиеся на 853a91. Следовательно, жертву обманули, когда он хотел перевести свои WBTC на другой кошелек.   Мошенник перевел украденные активы только через пять дней, когда он начал дробить общий адрес на более мелкие части. Он использовал более 400 кошельков для распределения средств примерно по 150 адресам. Примечательно, что 3 мая он обменял добычу примерно на 23 000 эфиров (ETH). Восстановление Подробности переговоров мошенника и жертвы неизвестны, поскольку, судя по всему, обсуждение происходило в Telegram. Впервые потерпевший обратился к мошеннику 5 мая, предложив 10% в обмен на украденные средства. В сотрудничестве с фирмой Match Systems, занимающейся кибербезопасностью в сфере блокчейна, и криптобиржей Cryptex жертва пригрозила отследить средства, если злоумышленник не ответит до 6 мая. После нескольких дней молчания мошенник отправил жертве немного ETH вместе с сообщением с просьбой использовать ее дескриптор в Telegram для надлежащего обсуждения. По итогам переговоров злоумышленник порциями возвращал награбленное. Остается неизвестным, почему злоумышленник полностью вернул активы, отказавшись от предложения о вознаграждении в размере 10%. Между тем, стоимость возвращенных активов колеблется в районе $66,8 млн. на сегодняшний день.
    • ❗️Уважаемые клиенты, Вашему вниманию курсы на начало дня❗️ Желаем вам быстрых и выгодных обменов   TONCOIN→ СБЕРБАНК РУБ - Курс обмена: 1 TON = 627.16 RUB TONCOIN→ ТИНЬКОФФ РУБ- Курс обмена: 1 TON = 622.72 RUB TONCOIN→ КАРТА МИР РУБ -Курс обмена: 1 TON = 642.7 RUB TONCOIN→VISA/MASTERCARD RUB-Курс обмена: 1 TON = 621.27 RUB
    • Очень правильное замечание, на форуме обновлен функционал, уже не тормозит как раньше, новые темы создаются каждый день, есть очень неплохой реф раздел, даже несколько баунти компаний было в этом году, при желании можно на всем этом неплохо заработать. Реально что то делают 5-6 человек, остальные ждут когда им начнут платить за посты....Причем в 90% случаев за пустые разговоры.   Создавайте что то полезное и оплата вернется.....    
    • Блокчейн-сыщик ZachXBT сообщил в своём Telegram-канале о том, что популярная на Ближнем Востоке криптобиржа Rain 29 апреля была взломана и лишилась $14,8 млн.     ZachXBT утверждает, что он обнаружил подозрительные оттоки средств с их кошельков биткоинов, Ethereum, Solana и Ripple. Эксперт поделился двумя адресами, где, вероятно, находятся украденные средства, чтобы подкрепить свои предположения.     “Эксплойт произошёл 29 апреля 2024 года, после того, как кошельки [Rain] BTC, ETH, SOL и XRP зафиксировали подозрительный отток. Средства были быстро переведены на другие биржи и обменены на BTC и ETH, — написал ZachXBT.”     В прошлом году бахрейнская биржа Rain получила разрешение финансового регулятора Абу-Даби на работу в качестве брокера виртуальных активов и поставщика услуг по хранению.     Среди недавних сообщений ZachXBT была информация о том, что северокорейская группа хакеров Lazarus Group за четыре года отмыла криптовалюту на сумму $200 млн, а владелец токенов Bored Ape Yacht Club потерял три редких NFT из-за фишинговой атаки.
    • Здравствуйте, уважаемые пользователи!   Хотим Вас уведомить, что на сайт добавили следующие направления обмена: Solana SOL > Cardano ADA Cardano ADA > Solana SOL
    • Discover the ultimate in relaxed romance with the best casual dating platform! Free connections: no strings attached dating Genuine Ladies Exemplary casual Dating
    • Exchanger elibrax.com has been added to the monitor BestChange.We have analyzed information about the service’s work, its reputation, principles, and values of its administration and came to the conclusion that elibrax.com satisfies the criteria for a reliable partner and can be listed in BestChange, among other exchangers.We sincerely hope for productive and long-term cooperation with this service. Despite the successful passing of all the checks, we will keep an eye on its reputation and the development of the client service.We recommend you always check the review page https://www.bestchange.com/elibrax-exchanger.html After an exchange, please share your opinion about the provided service with others.
    • New draw live on X Twitter!         Don't forget to complete all 3 tasks to qualify. The $50 prize will be divided among 10 winners ($5 each). 3 tasks!        Subscribe and retweet               Mark 2 friends               Enter your NICKNAME in WINDICE                       HI WINDICERS,   New Forum Challenge is now up!   this week let's bake another yummy PIE and celebrate this day's event 'National Apple Pie' by playing 3 of our in-house games DICE, CRASH and PLINKO.   Hit the required multipliers, win and get your share from the prizepool of 0.0052 BTC by the end of the contest.   Contest ends Monday May 20th, 19:00 UTC.    
×
×
  • Create New...