Replying to Avatar Reid Walley

I *think* I have this correctly in my head. Please correct any mistakes I’ve made.

Bitcoin transactions are broadcast to the Bitcoin network to be verified by the network of 19k nodes running Nakamoto Consensus rule.

If a transaction passes inspection, it’s bundled together with other transactions to be Proof-of-Work mined and added to the next Block in the Bitcoin blockchain.

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Guy Swann 1y ago

This is essentially accurate. There is some nuance here, but as far as most situations go, this will explain what is going on.

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Reid Walley 1y ago

Really appreciate the feedback 💪 It’s taken me a long time just to get to this.

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