Transaction verification up to coinbase?

1

Do full nodes verify the entire transaction chain up to coinbase when verifiying a single transaction to be included on the block which they are working on ?

perencia

Posted 2014-05-12T08:43:25.527

Reputation: 178

Answers

2

They achieve the same result as if they did this, though not by actually doing it. (There are a number of obvious optimizations, for example, maintaining an indexed database of unspent outputs.)

David Schwartz

Posted 2014-05-12T08:43:25.527

Reputation: 46 931