โ You Can Now Send Crypto Confidently
Master transaction structure, nonce, and how value moves on blockchain
Your Progress
0 / 5 completed๐ฏ Key Takeaways
Let's review what we've learned about blockchain transactions and put your knowledge to the test!
๐ What You've Learned
Understanding UTXO (Bitcoin) vs Account-based (Ethereum) transaction models and their trade-offs
The anatomy of a transaction: from/to addresses, value, gas limit, gas price, nonce, and signatures
How nonces prevent replay attacks, ensure ordering, and enable transaction replacement
Step-by-step process from creating a transaction to broadcasting and confirmation
๐ Critical Concepts
Either everything succeeds or everything fails - no partial transactions
Even if a transaction fails, gas fees are paid to validators for computational work
Transaction with nonce 5 won't process until nonce 4 is confirmed - no gaps allowed
Private key creates signature, public key verifies it - proves you own the sending address
Every transaction has a unique hash (TXID) that identifies it on the blockchain forever
๐งช Test Your Knowledge
Answer all questions to complete this module:
๐ Real-World Applications
Send crypto directly to anyone, anywhere, without intermediaries
Buy, sell, and transfer digital collectibles and gaming assets
Swap tokens, provide liquidity, and earn yield on decentralized platforms
Interact with dApps, deploy contracts, and execute on-chain logic
๐ Continue Learning
Now that you understand transactions, explore these related topics: