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Can I track the status of a bitcoin transaction using the txid?

avatarPrasenjit DasDec 29, 2021 · 3 years ago3 answers

Is it possible to track the status of a bitcoin transaction by using the transaction ID (txid)? How can I check if a transaction has been confirmed or not?

Can I track the status of a bitcoin transaction using the txid?

3 answers

  • avatarDec 29, 2021 · 3 years ago
    Yes, you can track the status of a bitcoin transaction using the txid. The txid is a unique identifier for each transaction on the bitcoin network. By using a blockchain explorer or a wallet that supports transaction tracking, you can enter the txid and view the details of the transaction, including its current status and number of confirmations. This allows you to verify if a transaction has been successfully included in a block or if it is still pending.
  • avatarDec 29, 2021 · 3 years ago
    Absolutely! The txid serves as a digital fingerprint for a bitcoin transaction. With this unique identifier, you can easily track the status of your transaction. Simply enter the txid into a blockchain explorer, and you'll be able to see the transaction's current status, confirmations, and other details. It's a convenient way to keep an eye on your bitcoin transactions and ensure they are progressing as expected.
  • avatarDec 29, 2021 · 3 years ago
    Yes, you can track the status of a bitcoin transaction using the txid. One way to do this is by using a blockchain explorer, such as BYDFi. Simply enter the txid into the search bar, and you'll be able to see the transaction details, including its current status and confirmations. It's a useful tool for monitoring your bitcoin transactions and staying updated on their progress.