Have you been looking for how you can actually on your own Learn How to generate Non-Spendable bitcoin in my blockchain? On this article will be a detailed description on you can successfully do this and have a Non-spendable Bitcoin in your blockchain wallet.
Quickly will start off by breaking down few explanatory words about this post to you so you can get a very clear understanding of what it is really talking about an how you can carry on with your plans without any complications or some sort of hard mind work!
You may still likely want to ask if there are things as Non-spendable Bitcoin that is on the Blockchain network? Categorically we can assure you that yes! On the blockchain network there are Non-spendable Bitcoin on the network by some aid of the Blockchain Explorer
“How possible is this?” this is possible because the blockchain network is ledger, decentralized, and keeps transparency of all transaction, hashes on the network and now the make it possible for you to know and learn How to generate non Spendable bitcoin in my blockchain
Let us get on to learn what the blockchain network is and also what the blockchain explorer really does.
What is Blockchain
In a simple terms “blockchain can be described as a data structure that holds transactional records and while ensuring security, transparency, and decentralization” You can also think of it as a chain or records stored in the forms of blocks which are controlled by no single authority.
Blockchain also shared, immutable ledger that facilitates the process of recording transactions and tracking assets in a business network,
Most favorable is the blockchain hashget all it’s transactions on the network without needing a third-party solution, a little lecture on the hashes,
What is Hashget
Hashget is a technology that lets you get hash of a bitcoin flash transaction and the hash can be used on “Blockchain explorer” this hashget is one of the important technology that flashing of a bitcoin needs as an endpoint and a function only, it is necessary to use only if the beneficiary will require hash of transaction otherwise it is not really a compulsory to use.
That is a more reason why you should get a full understanding of every detail which also includes the blockchain explorer and how it works on helping you generate Non-Spendable bitcoin in the blockchain.
What is the Blockchain Explorer
A soft used for visualizing blocks, transactions, and blockchain network metrics e.g., average transaction fees, hashrates, block size, block difficulty
In a nutshell, the blockchain explorer is where you can find all transaction done on the blockchain network, that includes, amount, duration, addresses of this transaction, an also you can see a confirmed transaction and also an unconfirmed transaction in the blockchain explorer
Learning about these is as good so to understand more when you have to understand show you generate Non-Spendable bitcoin in the blockchain network, let’s show you that
How to generate Non-Spendable bitcoin in my blockchain
Carefully follow on, as this is going to be a full explanatory of how you can generate Non-Spendable bitcoin in your blockchain wallet, let start off with an image of a newly created blockchain wallet.
On the above image is your newly created blockchain wallet on web, now you will easily migrate from by switching to the blockchain explorer.
blockchain can be described as a data structure that holds transactional records and while ensuring security, transparency, and decentralization, which simply says transactions are transparent to other user from all hashes and all blocks.
📌We are absolutely sure you would love to know how you can make Non-spendable Bitcoin Spendable📌
Then CLICK HERE TO LEARN THAT
On the blockchain explorer By default it is showing the blocks so we click on the Transactions because we need some wallet address for this experiment. So have the latest unconfirmed transactions on the blockchain along with their hash id, time, amount in BTC and amount in USD.
This block helps to let you learn about unconfirmed transaction, confirmed, duration and destination of any blockchain transaction done on the bitcoin wallet
Clicking on any hash which then will display all transaction of details of the transaction in an 🆔
Then you will have both wallet that just received and sent out BTC, then click on the wallet theta has just received the BTC 0.578936538
Now we have complete details of this wallet addresses this wallet is freshly wallet as it only has just one transaction which is yet unconfirmed click on the clipboard icon in front of the wallet id and it will be copied to our clipboard.
Now let us return to our own wallet that we created for this experiment click on Settings and the Wallet & Addresses. This will open the following page on the screen
Here we will import existing address generated in this wallet (wallets which were created in the same account using), or import existing address generated outside this wallet? What this means that we will be importing a btc wallet address that is not actually a part of this account or this address
When you click the second option, new options appear in the same pop up. Blockchain network shows a warning in a blue that this feature can only be used by an advanced user meaning the users who have good understanding of the Blockchain networking system
On {1} pasting the wallet address we have copied from the blockchain explorer the same thing as written caption on images if you want to list this {2} wallet and then hit the import button to see what surfaces
That is it, you have just imported this address and have just successfully created a Non-spendable BTC in this wallet
Now let’s get things understood, you have successfully imported BTC from the address into your wallet, but can you spend this BTC you have just imported into your own wallet.
An now you have learnt How to generate Non-Spendable bitcoin on your my blockchain, you can hurrily hit your blockchain wallet and start generating them, or you can still write to Via MAIL
Leave a Reply