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All these transactions are visible on the bitcoin blockchain. How to ensure whether your transaction is confirmed. Bitcoin addresses are the only information used to define thus bitcoins can be traced back to the source. How to build a bitcoin money flow chart. Today, bitcoin blockchain confirms ~10 million transactions every month.
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It usually takes less than an hour for the first confirmation.
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Bitcoin transactions are public records on a public ledger.
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How is bitcoin traceable and how to minimize. Why do some bitcoin transaction confirmations take so long? Before going into different scenarios for transaction speeds, bitcoin transactions generally take anywhere from 10 minutes to 1 hour. Thus, a path of any length can be traced. Please let me know how i can trace/track this transaction probably using a tool like blockchain.info.
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