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April 22, 2013, 04:00:47 PM |
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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.
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