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How is the order of transactions finalized in a block before the block has been mined?
by agscala 9y ago
How is the order of transactions finalized in a block before the block has been mined?
- mamoriamohit 9y agoEvery transaction is added in the block in the order they happened. Every transaction has a timestamp associated with it.
- sushid 9y agoThis is completely untrue. "Transactions are added to the new block, prioritized by the highest-fee transactions first and a few other criteria." You can read more about this https://bitcoin.stackexchange.com/questions/35697/what-is-criteria-of-mining-priority-except-for-transaction-fee https://bitcoin.stackexchange.com/questions/35697/what-is-cr..., but the TL;DR is when the txs are broadcast by various nodes, the highest fee txs are included first (for the most part) by the miners.