Skip to main content

Transaction

Definition

A transaction is a record of the movement of digital assets or the execution of a smart contract on a blockchain. Each transaction is cryptographically signed and broadcast to the network for verification and inclusion in a block. These records are immutable and form the basis of the distributed ledger, providing a transparent and auditable history of all activity. Transactions are the fundamental units of interaction within blockchain networks, enabling the transfer of value and the execution of programmable logic.