How to read a tx receipt on a blockchain explorer

In Blog/Cryptocurrency/Video

In this video, BlockchainWTF’s Jeremy Cogan explains how to read a transaction’s receipt on a blockchain explorer. He’ll cover the different capabilities of a blockchain explorer, how to read a receipt, and any associates fees that come with these transactions.

Tx is a type of message output that is used in the Bitcoin protocol that is used to embed and encode messages that contain transaction outputs. It is like an encrypted message,and this tx message contains information on transactions specifically. We say “how to read a tx receipt…” because your transactions receipt will be encoded using the tx message code, and it is apart of the process you go through to be able to read information about your transaction.

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