BlockchainBeginner

Transaction

An authorized request to change a blockchain’s state, such as moving assets or calling a contract.

PLAIN-ENGLISH DEFINITION

In more detail

A wallet prepares a request and usually asks you to sign it before sending it to the network. Broadcasting gets that request out there; inclusion and successful execution are separate steps. That's why 'sent,' 'pending' and 'successful' can describe different stages of the same transaction.

IN THE WILD

How you might use it

You sign a token transfer. The wallet shows it as pending until the network includes it and reports the execution result.

WORD NOTES
Short name
TX
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By Crypto Dictionary · Published · Updated

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