Cryptocurrency transactions are electronic transfers that occur within decentralized networks such as Bitcoin or Ethereum. Unlike traditional banking systems, there are no intermediaries here: all operations take place through blockchain — a digital ledger that records every transaction. When a user sends cryptocurrency, information about the transfer is recorded in a block, which is then added to the chain. This process is secured with complex encryption algorithms, ensuring the safety and anonymity of transactions.
Each transaction must be verified by network participants, called miners, who use their computing power to solve cryptographic problems. After confirmation, the transaction becomes irreversible, and the funds are transferred to the recipient's account.