Where are the bitcoin transactions recorded?

Where are the bitcoin transactions recorded?

Your bitcoins are stored in addresses in the blockchain. This way, your Bitcoin transactions and everyone’s transactions are stored in every full-node in the Bitcoin network. The blockchain is an ever-growing database of transaction information that is sent to all nodes of the Bitcoin network. When you make a transaction, this transaction is distributed over the network and, assuming the transaction is valid, will be included in the next block. When you initiate a transaction, all previous transactions to or from that address are analyzed and a balance is calculated. If your transaction exceeds this available balance, it will be rejected by the network and will not be included in a block. It is also important to note that technically, the blockchain does not actually store coins, it stores the transaction information only. The bitcoins themselves are not isolated objects that require storage.

Leave a Reply