Why is the Bitcoin wallet synchronized (What to do if the Bitcoin wallet synchronization is too slow)
Why is the Bitcoin wallet synchronized? According to an article on Bitcoin.com,
Why is the Bitcoin wallet synchronized? According to an article on Bitcoin.com, the reason why the Bitcoin wallet needs to be synchronized is that when Bitcoin was introduced, there was no interoperability between the wallet addresses used by users. However, when we link the wallet addresses together, it will display the transaction information between different addresses on two different blockchains (such as Bitcoin and Ethereum).
At the same time, the data on these two chains is also independent and unchangeable. Therefore, if you want to view all the Bitcoin transfers or transaction data that occurred on a specific network, you can choose to synchronize these networks, and this also means that it no longer shares the same information with multiple nodes.
What to do if the Bitcoin wallet synchronization is too slow
According to ambcrypto news, the Bitcoin wallet needs to be synchronized on the network for a sufficient amount of time to confirm transactions when sending and receiving transactions. This is different from what many users do because most Bitcoin transfers are completed by signing with private keys and verifying their authenticity (i.e., they have a complete blockchain). When there is no interaction time or data between these Bitcoin addresses, some problems may arise, such as the inability to track the source of funds, whether the sender has correctly recorded their transactions, and how the sender is using the same wallet.
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