Bitcoin Forum

Other => Beginners & Help => Topic started by: BitcoinsUK on April 22, 2013, 03:18:05 PM



Title: Is blockexplorer accurate?
Post by: BitcoinsUK on April 22, 2013, 03:18:05 PM
Does it hold ALL transactions ever for every wallet and is it always accurate?


Title: Re: Is blockexplorer accurate?
Post by: BitcoinsUK on April 22, 2013, 03:58:54 PM
Bump


Title: Re: Is blockexplorer accurate?
Post by: bitcoinrevelacio on April 22, 2013, 04:00:47 PM
Since all transactions that occur must be in the blockchain, all blockexplorer has to do is to analyze the blockchain. Everybody who has a bitcoin wallet has access to the blockchain, blockexplorer just retrieves it and presents it in a readable way. So yes it should be accurate.

If I am wrong someone more knowledgeable will hopefully correct me, but I think I am right.

Edit: And yes it contains all transactions because the blockchain is a record of all transactions that take place with bitcoin.


Title: Re: Is blockexplorer accurate?
Post by: slv400 on April 22, 2013, 04:01:05 PM
sure


Title: Re: Is blockexplorer accurate?
Post by: bitcoinrevelacio on April 22, 2013, 04:05:44 PM
sure

 ???