Home web3.0 Can u address query transaction records be deleted?

Can u address query transaction records be deleted?

Aug 08, 2024 pm 12:20 PM
Blockchain cryptocurrency Blockchain technology Stablecoin usdt

No, the transaction record of u address cannot be deleted. u-address is based on blockchain technology, and all transaction records are open, transparent, and permanently recorded in the blockchain network; due to the unmodifiable characteristics of the blockchain, u-address transaction records are also permanent records that cannot be changed.

Can u address query transaction records be deleted?

Can the transaction record of u address be deleted?

Direct answer: No, the transaction record of u address cannot be deleted.

Detailed description:

u address is a cryptocurrency wallet address based on blockchain technology. It is different from traditional bank accounts. All transaction records on the u address are open and transparent and permanently recorded in the blockchain network.

  • Blockchain Technology Features: Blockchain is a distributed ledger technology that stores data on multiple computer nodes. Once a transaction is added to the blockchain, it cannot be modified or deleted without the entire blockchain being rebuilt, which is nearly impossible.
  • Privacy Protection: Compared with traditional bank accounts, u-address provides stronger privacy protection. Although transaction records are public, personally identifiable information is not associated with the u-address. Therefore, even if someone could view the transaction records, they would not be able to identify the participants in the transaction.
  • Irreversibility: All transactions performed on the u address are irreversible. This means that once a transaction is sent, it cannot be reversed or canceled. Therefore, the transaction record on the u address is an unchangeable and permanent record.

Important Tip:

Since the transaction record of u address cannot be deleted, it is very important to handle your u address and funds carefully. Avoid transactions with untrusted sources and keep your private keys safe.

Tether latest market

Currently, Tether (USDT) is trading at $1.000659, with a 24-hour trading volume of $763 billion.

Latest Changes

The price of Tether fell by 0.03% in the past 24 hours. This small fluctuation may be due to investors reducing their exposure to cryptocurrencies recently.

Factors Affecting Price

Factors affecting Tether price movements include:

  • Demand for Stablecoins: USDT is the main stablecoin and is usually pegged to the value of the US dollar. Increased demand for stablecoins will push the price of USDT higher.
  • Regulatory Concerns: If regulators raise concerns about the stablecoin industry, it could cause investors to sell and cause prices to fall.

Future Price Forecast

In the short term, Tether price is expected to continue to fluctuate around $1.00. However, in the long term, as the cryptocurrency market matures, demand for it as a stablecoin is likely to increase, driving its price higher.

Advice

Investors should exercise caution as the cryptocurrency market is highly volatile. Only invest money that you are willing to lose.

Short-Term Trend Forecast

In the short term, Tether is expected to remain around $1.00, possibly rising or falling slightly, but not by much.

Indicator

  • Current price: 1.000659 USD
  • 24 hour trading volume: 763 billion USD
  • Circulation volume: 114551170628.49 USDT
  • Maximum supply: N/A
  • Total supply: 1145511 70628.49 USDT
  • Circulation market value : 1.1463 billion US dollars

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