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Can bitcoin transactions be tracked?
Yes, Your Bitcoin Transactions Can Be Tracked – and Here Are the Companies That Are Doing ItWhat is bitcoin blockchain & how does it work?
The bitcoin blockchain is a database of alphanumeric strings and numbers. It does not contain any real-world identity. Therefore, it presents some challenges when it comes to identifying the transactions. Self custody and Intermediate wallets — It is effortless to create thousands of wallets on the bitcoin blockchain and self-custody your funds.Can a blockchain explorer track bitcoin transactions efficiently?
Standard blockchain explorers are not suitable for tracking Bitcoin transactions efficiently. For example, if a criminal is using hundreds of intermediate wallets, it can take days to track and map all those transactions. However, our Coinpath® technology is built to trace blockchain transactions efficiently.What happens when a transaction is submitted to the bitcoin network?
When a transaction is submitted to the Bitcoin network, the information is passed on through all Bitcoin nodes—all computers connected to other computers in the blockchain—at the same time (through the blockchain).