Krutika Adani
When a user sends crypto, the transaction is broadcasted to the network.
It contains sender & receiver addresses, amount, and a digital signature for security.
Nodes (computers on the network) verify if the sender has sufficient balance.
Cryptographic algorithms ensure authenticity and prevent fraud.
Transactions are confirmed through Proof-of-Work (PoW) or Proof-of-Stake (PoS).
Miners/validators validate and bundle transactions into a block.
The verified block is added to the blockchain permanently.
The transaction becomes immutable, ensuring security and transparency.