How a Crypto Transaction Actually Works
From clicking 'send' to a transaction being confirmed on-chain.
What you’ll learn
- •Sending crypto broadcasts a signed instruction to change ledger balances — it's not a file transfer.
- •Your wallet uses your private key to sign transactions, proving they're authorised without ever revealing the key itself.
- •Nodes validate a transaction before it can be included in a block; valid transactions wait in the mempool until then.
- •A transaction earns its first confirmation when included in a block, and becomes harder to reverse with each confirmation after.
- •Confirmed transactions can't be reversed the way a card payment can — there's no chargeback in crypto.
- •Sending to the wrong address or wrong network can mean permanent loss, which is why double-checking and test transactions matter.
Full lesson and quiz for subscribers.
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