20230619 - How sending bitcoin works

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Documenting ₿itcoin 📄@DocumentingBTC·Jun 18
How sending #bitcoin works:

1. Transaction & fee selected
2. Signed by wallet & sent
3. Distributed by nodes
4. Miner adds transaction to block
5. Miner wins PoW contest
6. New block is validated
7. New block is distributed by nodes

https://twitter.com/DocumentingBTC/status/1670257624577712128

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