How Bitcoin Works
Follow one transaction from a wallet to the mempool, a mined block and final verification.
- Wallets sign; nodes verify; miners order transactions.
- Broadcast is not the same as confirmation.
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This path follows a transaction from a wallet into the peer-to-peer network, through node validation, a miner's candidate block, and growing confirmations. It also explains UTXOs, supply, and the halving so the moving parts form one system instead of a list of vocabulary words.
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