Cryptocurrency Q&A How does selling in a chain work?

How does selling in a chain work?

SumoMighty SumoMighty Tue Nov 26 2024 | 5 answers 906
I'm trying to understand how selling works in a chain. I want to know the process, the steps involved, and how the transfer of ownership and payment takes place in such transactions. How does selling in a chain work?

5 answers

Stefano Stefano Thu Nov 28 2024
Imagine a scenario where you are purchasing a property from an individual.

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Daniele Daniele Thu Nov 28 2024
A property chain represents a series of interconnected property sales.

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SamsungShineBrightnessRadianceGlitter SamsungShineBrightnessRadianceGlitter Thu Nov 28 2024
These sales are required to occur simultaneously.

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CryptoElite CryptoElite Wed Nov 27 2024
This seller, in turn, is relying on the sale of their current property to complete their purchase.

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Carlo Carlo Wed Nov 27 2024
This creates a chain of transactions, where each sale is contingent on the other.

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