Transactions

How Value Moves on the Network

UTXO Model

Input

Previous UTXO

2.5 BTC

Process

Output

To Recipient

2.0 BTC

Change + Fee

0.5 BTC

1

Create

User initiates transaction

2

Sign

Digital signature applied

3

Broadcast

Sent to network

4

Confirm

Added to blockchain

~10 min

Average Block Time

24/7

Network Uptime

Final

Settlement

5/10

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