Once the request (transaction) of sending money is constructed in the wallet software, it is then broadcasted to the Ethereum network.
The transaction is digitally signed by the sender as proof that he is the owner of the Ether.
Types, Security, and How to Choose the Right One (Part 2)
This transaction is then picked up by nodes called miners on the Ethereum network for verification and inclusion in the block.
Once it is verified and included in the block, the PoW process starts.
We will explain this process in more detail later in , Further Ethereum.
Once a miner finds the answer to the PoW problem, by repeatedly hashing the block with a new nonce, this block is immediately broadcasted to the rest of the nodes which then verifies the block and PoW.
If all the checks pass then this block is added to the blockchain, and miners are paid rewards accordingly.
Finally, Irshad gets the Ether, and it is shown in her wallet software.
Why This Matters for Blockchain Technology
Sending of funds confirmation in Jaxx wallet from 3. Once the request (transaction) of sending money is constructed in the wallet software, it is then broadcasted to the Ethereum network. The transaction is digitally signed by the sender as proof that he is the owner of the Ether. 4. This transaction is then picked up by nodes called miners on the Ethereum network for verification and inclusion in the block. At this stage, the transaction is still unconfirmed. 5. Once it is verified and included in the block, the PoW process starts. We will explain this process in more detail later in , Further Ethereum.
6. Once a miner finds the answer to the PoW problem, by repeatedly hashing the block with a new nonce, this block is immediately broadcasted to the rest of the nodes which then verifies the block and PoW. 7. If all the checks pass then this block is added to the blockchain, and miners are paid rewards accordingly. 8. Finally, Irshad gets the Ether, and it is shown in her wallet software. This is shown here:
Key Points to Remember
- Once the request (transaction) of sending money is constructed in the wallet software, it is then broadcasted to the Ethereum network.
- The transaction is digitally signed by the sender as proof that he is the owner of the Ether.
- This transaction is then picked up by nodes called miners on the Ethereum network for verification and inclusion in the block.
- Once it is verified and included in the block, the PoW process starts.
Conclusion
Sending of funds confirmation in Jaxx wallet from represents one of the many innovative layers that make blockchain technology so powerful and transformative. As distributed systems continue to evolve, a solid understanding of these core concepts becomes increasingly valuable — not just for developers, but for anyone building, investing in, or working alongside blockchain-powered systems.
Whether you are just starting your blockchain journey or deepening existing expertise, mastering these fundamentals gives you the tools to think clearly about decentralized systems and make smarter decisions in this rapidly evolving space.