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What information do I need to track a bitcoin transaction?

avatarLehman PallesenDec 17, 2021 · 3 years ago3 answers

Can you provide me with the necessary information to track a bitcoin transaction? I want to understand what details I need to keep track of in order to monitor the progress and status of a bitcoin transaction.

What information do I need to track a bitcoin transaction?

3 answers

  • avatarDec 17, 2021 · 3 years ago
    Sure thing! To track a bitcoin transaction, you'll need the transaction ID (also known as the TXID), which is a unique identifier for the transaction. You can find this ID by looking up the transaction details on a blockchain explorer, such as blockchain.com. Additionally, you may need the bitcoin address of the sender and the recipient, as well as the amount of bitcoin being sent. With this information, you can easily track the transaction and verify its status.
  • avatarDec 17, 2021 · 3 years ago
    Tracking a bitcoin transaction is pretty straightforward. All you need is the transaction ID, which acts as a digital fingerprint for the transaction. You can obtain this ID from your wallet or the sender of the transaction. Once you have the transaction ID, you can enter it into a blockchain explorer to view the transaction details, including the number of confirmations it has received. Keep in mind that it may take some time for a transaction to be confirmed, especially during periods of high network congestion.
  • avatarDec 17, 2021 · 3 years ago
    When it comes to tracking a bitcoin transaction, you'll need a few key pieces of information. First, you'll need the transaction ID, which is like a unique identifier for the transaction. You can think of it as a digital receipt. Second, you'll need a blockchain explorer, such as blockchain.com, to enter the transaction ID and view the transaction details. Finally, you'll need a bit of patience, as it can take some time for a transaction to be confirmed and reflected in the blockchain. Remember, the blockchain is a decentralized network, so it may take a bit longer during busy periods.