Founders

How do Bitcoin transactions work?
In simple terms, a transaction is announced from the wallet to the network. Miners confirm the transaction and record it on the blockchain. To send Bitcoin, you need two things: a Bitcoin address (public key) and a private key. A Bitcoin address is randomly generated and is a simple sequence of letters and numbers that you can share. The private key is another sequence of letters and numbers, which is the heart of your wallet and can be used to retrieve your wallet in other applications. You should not give your private key to anyone. If someone has your private key, it will be easy for them to access your wallet.