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Transaction Properties.md

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32 - Transaction Properties

Transaction properties:

  1. Atomic: it is all or nothing i.e. cannot be divided or interrupted by other transactions
  2. Serial: Transactions are processed sequentially one after the other without any overlapping by other transactions
  3. Inclusion: Transaction inclusion is not guaranteed and depends on network congestion and gasPrice among other things. Miners determine inclusion.
  4. Order: Transaction order is not guaranteed and depends on network congestion and gasPrice among other things. Miners determine order.

Slide Screenshot

032.jpg

Slide Text

Transactions are:

  • Sequential -> No Overlap
  • Serial (One after another)
  • Depends on Inclusion
  • Tx order is decided by miners and dictated by congestion and gas Price

References