What does 'txhash' mean in the context of cryptocurrency?

3 answers

• Nov 24, 2021 · 3 years ago
  In the context of cryptocurrency, 'txhash' refers to the transaction hash. It is a unique identifier that represents a specific transaction on the blockchain. The txhash is generated through a cryptographic hash function and is used to verify and track the transaction. It is an important component of the blockchain technology and ensures the integrity and immutability of the transaction data.
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• Nov 24, 2021 · 3 years ago
  When we talk about 'txhash' in cryptocurrency, we are referring to the transaction hash. This hash is like a digital fingerprint of a transaction, uniquely identifying it on the blockchain. It helps in verifying the authenticity and integrity of the transaction, making sure that it cannot be tampered with. So, whenever you see 'txhash' mentioned in the context of cryptocurrency, remember that it is all about the unique identifier of a transaction on the blockchain.
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• Nov 24, 2021 · 3 years ago
  In the world of cryptocurrency, 'txhash' stands for transaction hash. It's like a digital ID card for a transaction, providing a unique identifier on the blockchain. This hash is generated using a cryptographic algorithm, ensuring that it cannot be reverse-engineered. The txhash is crucial for verifying and tracking transactions, allowing users to confirm the validity of a transaction and trace its history. So, next time you come across 'txhash', think of it as the digital fingerprint of a transaction in the cryptocurrency world.
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