Transaction ID (TXID)

In the domain of blockchain technology, a Transaction ID (TXID), also known as a transaction hash, serves as an immutable and unique identifier for a digital transaction that has been permanently recorded on the blockchain ledger. This distinctive code allows users to access and verify specific details of any past transaction, usually with the assistance of a blockchain explorer tool. Notably, in certain cases, a recipient of cryptocurrency may request the transaction ID from the purported sender to validate the authenticity and origin of the transaction.