How does a transaction work? | Verification, Confirmations, and Fees | Ep. 03

07/25/23 • 19 min

We dive deep into the world of transactions, from initiation to verification, unraveling the mystique of block confirmations. Learn the critical role miners play and get clear insights on transaction fees (including gas fees). Plus, we explore the dynamics of transaction speed and the factors influencing it. Perfect for novices and experts alike, this episode is your key to understanding the nitty-gritty of blockchain transactions.
🌐💻 The Beauty of Decentralization
📜🔗 Smart Contracts: The Digital Agreements
🌍💡 Ethereum and Open Source
🤝🚀 The Power of Community Collaboration
🔒🛡️ Security and Trust
🚀🌟 The Future of Crypto

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Disclaimer: 🚨 The information provided across all of Sugarcane's communication channels is for informational and entertainment purposes only. It should not be construed as financial or investment advice. Consult with a financial professional before making any investment decisions.

07/25/23 • 19 min

Sugarcane Podcast - How does a transaction work? | Verification, Confirmations, and Fees | Ep. 03

Transcript

Rudy00:00:06.347

Hey everyone , welcome back to the Shuriken podcast . It's me , Rudy And Sheldon . So , Sheldon ,

Rudy00:00:15.224

when you go to a party and people start asking

Rudy00:00:19.251

almost any question , do you like automatically have a reason just to talk about crypto ?

Sheldon00:00:24.762

There's the most right . Y

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