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Transaction ID (TXID)

blockchain · technical

A transaction's unique identifier, usually derived by hashing its serialized contents according to the chain's rules.

Also known as
Tx Hash, Transaction Hash
1.definition

A TXID is the identifier wallets and block explorers use to look up a transaction. On Bitcoin-style chains it is commonly the double SHA-256 hash of the serialized transaction without witness data.

2.caveats

TXIDs are useful references, but they are not settlement guarantees. Before confirmation, transactions may be dropped, conflicted, or replaced depending on network policy, and historical malleability issues could change IDs.

Related terms

All terms and definitions may update as the Cryptionary improves.