What Is Txid In Crypto

Making Money, or in other words, creating assets has become quite easy with the rising popularity of cryptocurrency but with a risky proportion. And now that you are in the right place now, you will get a step-by-step guide on how to start buying and trading cryptos.

So, Let’s deep dive in the world of cryptocurrency and get the answers to the most common questions – What Is Txid In Crypto

What is txid (txid)?

TXID is a cryptographically protected transaction identifier in the blockchain distribution registry, which is assigned for each cryptocurrency transaction after its formation. The transaction ID (TXID) is a 64-character code consisting of a specific sequence of letters and numbers.

How to find the txid of a cryptocurrency?

You can find the TxID in the transaction log of the cryptocurrency wallet from which the transaction was made. Also, special services have been developed. They allow you to track a transaction id. For instance, you can check Bitcoin, Ethereum, Litecoin, XRP in its blockchain explorers.

What is a bitcoin transaction ID (txid)?

Each and every single transaction that is conducted on the Bitcoin blockchain has this unique identifier. Similarly transactions on Ethereum blockchain will have a unique Tx hash and every transaction on Litecoin blockchain will also have a TxID. For example a Bitcoin transaction ID looks like this: A transaction hash of Ethereum looks like this:

How to search for a txid in the blockchain?

If you’ve just hashed some transaction data and want to search for a TXID in the blockchain, you have to search for it in reverse byte order.