Questions tagged [bitcoin transaction]

Tommaso Sun Sep 08 2024 | 7 answers 1282

Excuse me, but could you clarify something for me about Bitcoin transactions? I'm wondering, how many Unspent Transaction Outputs (UTXOs) can typically be found within a single bitcoin transaction? I understand that each UTXO represents a portion of bitcoin that has not yet been spent, but I'm unsure of the specific number that might be involved in a typical transaction. Could you enlighten me on this matter?

Caterina Sun Sep 08 2024 | 6 answers 1312

I'm curious to know, is it possible for a hardware wallet to initiate and send a Bitcoin transaction? Given that hardware wallets are designed to provide an extra layer of security for storing cryptocurrency, I'm wondering if they also have the capability to facilitate transactions in addition to just safeguarding my digital assets. Could you clarify if this functionality is indeed present within hardware wallets and if there are any specific steps or requirements involved in the process?

EthereumEagleGuard Thu Aug 29 2024 | 5 answers 1515

I'm curious, what exactly happens when a Bitcoin transaction is not confirmed? Does it mean the funds are stuck in limbo? Could there be any risks associated with an unconfirmed transaction? And is there a way to expedite the confirmation process? Understanding the implications of an unconfirmed Bitcoin transaction would be invaluable in managing my crypto assets.

Caterina Sun Jul 21 2024 | 5 answers 1378

Hello, I'm considering a Bitcoin transaction but I'm a bit concerned about the safety of my funds. Could you please explain to me in simple terms if it's possible to get my money back if something goes wrong? I've heard about the decentralized nature of Bitcoin and its immutability, but I'm still not entirely sure how that translates into the possibility of retrieving funds in case of a mistake or fraud. Any clarity you could provide would be greatly appreciated as I'm new to this space and want to make sure I understand the risks before proceeding.

Maria Fri Jul 19 2024 | 6 answers 1493

Could you elaborate on the specifics of how much money Satoshi Nakamoto, the pseudonymous creator of Bitcoin, actually receives from a Bitcoin transaction? It's widely believed that Nakamoto holds a significant number of bitcoins, but the exact amount and how those bitcoins are transacted remain a mystery. Does he personally collect the proceeds from each transaction involving his bitcoins? If so, how is that process handled and tracked? Are there any public records or documentation available that detail these financial transactions? I'm curious to understand the financial implications for Nakamoto, if indeed he is still active in the bitcoin community.