What does Bitcoin txid mean?

What does Bitcoin txid mean? What does Bitcoin txid mean? In English, it means \”

What does Bitcoin txid mean?

What does Bitcoin txid mean? What does Bitcoin txid mean? In English, it means “Bitcoin Trust”. Simply put, Tether (USDT), abbreviated as “BTC”, is a digital currency pegged to fiat currency.

For the general public, this type of cryptographic asset can be used for daily transactions and savings purposes, but it also applies to some unfamiliar technologies such as cryptography, distributed systems, or the Internet of Things. These characteristics allow them to be part of the global financial market, hence the name appears somewhat vague.

So if you want to understand this term, you should first understand its meaning. What is txID? “Tether” is a stablecoin project. It is issued by an independent company operated by the Financial Crimes Enforcement Network (FinCEN), the Royal Bank of Canada (RBC), and the Bank of England, agencies under the US Department of the Treasury. The term “Tether” is derived from two fiat currencies: the US dollar, the euro, or the pound. However, it is not useful in practical use because it is not a fixed type of international ledger and can only be used to exchange cash or gold. (Cointelegraph)

Of course, this is just an individual term, not a unified term, namely the so-called non-custodial wallet address.

This article and pictures are from the Internet and do not represent aiwaka's position. If you infringe, please contact us to delete:https://www.aiwaka.com/2023/08/17/what-does-bitcoin-txid-mean/

It is strongly recommended that you study, review, analyze and verify the content independently, use the relevant data and content carefully, and bear all risks arising therefrom.