Blockchain Wallet Bitcoin Gold How Does The Bitcoin Network Process Transactions? There are three elements involved in a bitcoin transaction: a transaction input, a transaction output, and an amount. The transaction input is the bitcoin address from which the money was sent, and the transaction output is the bitcoin address to which the money was sent. These transaction records
Bitcoin adjusts its mining difficulty every 2,016 blocks, roughly every 14 days, to ensure an average block interval of 10.