Hi Good Day,
this is enjoyable unlike reading stuffs from other threads in other section with 1500+ replies, i can't even understand where is the topic going, so i'm gonna try this one.
Here is the link to where i read from :
https://www.thebalance.com/how-does-a-bitcoin-transaction-work-391213Basically, what i understand is there are three important basis to complete a transaction.
These are the following :
Transaction input address,
Transaction output address,
Amount.
I will use bitcoin as the crypto use to transact.
The input bitcoin address is untraceable but it can be traceable if you want to dig deep into bitcoins blockchain and search all through the transactions given by the network. Why did i say it is traceable because the bitcoin you have received is sent to you by someone and that someone also receives the bitcoin he sends to you by another someone until you address the name of the very first sender.
The transaction output address is the receiver's address now if the transaction is done then the information of the output address will be registered into the bitcoin network and will serve as the transaction history to who is the receiver ; this is transparent means that this is traceable.
I haven't discussed about miners which are the operators of the transaction block since it is replied by other members on this thread.
I really learn an idea about this topic but is very basic.
I will appreciate if there are some clarifications about my explanation i know there is a possible mistake.
Thanks