Author: Andy Parkins 2013-07-23 10:02:06
Published on: 2013-07-23T10:02:06+00:00
In a communication on Tuesday, July 23, 2013, Pieter Wuille stated that the blockchain is not involved in verifying transactions. Instead, it serves as a historical record for other nodes and wallet rescans. However, Andy Parkins argued that the blockchain must be involved to some extent since during a temporary fork, two branches grow, and it's necessary to verify which branch a new transaction belongs to.
Updated on: 2023-06-07T14:16:43.556217+00:00