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How can I use a txid tracker to trace the history of a Bitcoin transaction?

avatarDawid SoburaDec 24, 2021 · 3 years ago3 answers

I want to trace the history of a Bitcoin transaction using a txid tracker. How can I do that? Are there any specific tools or platforms I should use?

How can I use a txid tracker to trace the history of a Bitcoin transaction?

3 answers

  • avatarDec 24, 2021 · 3 years ago
    To trace the history of a Bitcoin transaction using a txid tracker, you can start by obtaining the transaction ID (txid) of the transaction you want to track. This can usually be found on the blockchain explorer or in your wallet transaction history. Once you have the txid, you can use a txid tracker tool like Blockstream's Block Explorer or Blockchain.com's Explorer to search for the transaction and view its history. These tools provide detailed information about the inputs, outputs, and confirmations of the transaction, allowing you to trace its path on the blockchain.
  • avatarDec 24, 2021 · 3 years ago
    If you're new to Bitcoin and want to trace the history of a transaction using a txid tracker, don't worry, it's not as complicated as it sounds! Just follow these steps: 1. Find the txid of the transaction you want to trace. 2. Go to a txid tracker website like Blockchair or Blockstream's Block Explorer. 3. Enter the txid in the search bar and hit enter. 4. Voila! You'll now see the complete history of the transaction, including the sender, receiver, and any subsequent transactions it has been involved in. Happy tracking!
  • avatarDec 24, 2021 · 3 years ago
    Using a txid tracker to trace the history of a Bitcoin transaction is a common practice among cryptocurrency enthusiasts. One popular txid tracker is provided by BYDFi, a leading cryptocurrency exchange. With BYDFi's txid tracker, you can easily track the history of any Bitcoin transaction by simply entering the txid in the search bar. The tracker will then display all the relevant information about the transaction, including its inputs, outputs, and confirmations. It's a powerful tool for anyone interested in exploring the transparency and immutability of the Bitcoin blockchain.