A blockchain transaction is the process of transferring assets or data between parties using a blockchain network. Each transaction involves sending a specific amount of cryptocurrency from one digital wallet to another.When a transaction is initiated, it is broadcast to the network, where nodes verify its validity. Validation includes checking that the sender has sufficient funds and that the transaction complies with network rules. Once verified, the transaction is bundled with others into a block by miners or validators. This block is then added to the existing blockchain. The addition is permanent, creating a transparent and tamper-resistant record of all transactions.After confirmation, the transaction is complete, and the updated balances are reflected in the wallets involved. This decentralized nature enhances security and trust, as no single entity controls the entire network, and participants can see the entire transaction history. Overall, blockchain transactions enable secure, peer-to-peer exchanges without intermediaries.
Aave Labs Acquires Stable Finance to Expand Consumer DeFi Products
Aave Labs has acquired Stable Finance, a San Francisco-based fintech company focused on stablecoin savings, in a move to strengthen

