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can electrum wallet verify bitcoin
You can verify Bitcoin transactions using Electrum wallet by opening the "Transactions" tab, clicking "Details" on the desired transaction, examining the inputs and outputs, using a block explorer to validate inputs, and verifying that outputs are correctly spent.
Nov 04, 2024 at 05:23 am
Can Electrum Verify Bitcoin Transactions? How To Verify A Transaction
- Open your Electrum wallet.
- Click on the "Transactions" tab.
- Find the transaction you want to verify.
- Click on the "Details" button.
- The transaction details will be displayed in a new window.
- In the "Inputs" tab, you will see the list of inputs used to create this transaction.
- In the "Outputs" tab, you will see the list of outputs created by this transaction.
- To verify the transaction, you need to make sure that the inputs are valid and that the outputs are correctly spent.
- To verify the inputs, you can use a block explorer such as Blockchain.com.
- To verify the outputs, you can use a transaction decoder such as SatoshiDice.
Here is an example of how to verify a Bitcoin transaction using Electrum and a block explorer:
- Open your Electrum wallet and click on the "Transactions" tab.
- Find the transaction you want to verify and click on the "Details" button.
- In the "Inputs" tab, you will see a list of inputs used to create this transaction. Each input will have a "TXID" and a "Vout" value.
- Copy the TXID of the first input and go to a block explorer such as Blockchain.com.
- Paste the TXID into the search bar and click on the "Search" button.
- The block explorer will show you the details of the transaction that created the input.
- Make sure that the transaction is valid and that the output with the corresponding Vout value was spent in this transaction.
- Repeat steps 4-7 for all of the inputs in the transaction.
- Once you have verified all of the inputs, you can be sure that the transaction is valid.
If you encounter any problems while verifying a Bitcoin transaction, you can contact Electrum support for help.
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