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Calvin
Calvin

Posted on

Blockchain Snippets[1 => Transaction Validation]

Miners on a blockchain (like Bitcoin) carry out transaction validation independently. The process involves validation of over 20 criteria including:

πŸ’» Size

πŸ’» Syntax

πŸ’» The validity of unspent transaction outputs and inputs

πŸ’» Sufficiency of reference input amount and output amount matching

Source University at Buffalo & The State University of New York

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