Transaction
Transaction In cryptocurrencies is a transaction that is moving funds, (cryptocurrency coins), from one address to another.
Each transaction has a unique transaction ID that is used to reference the transaction.
Each transaction includes a fee paid to the miners for including the transaction into the blockchain.
The fee amount included in transaction(s) affects the confirmation time.
A transactions are considered final when it has been confirmed.
The Trezor device are the best on the market and used together with the Trezor Wallet making transactions of any supported cryptocurrencies private, secure, easy, and affordable.
Trezor devices require to send transactions, as transactions are signed securely on the device ensuring your private keys never leave the device.
Trezor Wallet allow setting a custom fee and add multiple recipients.
See also: Unconfirmed transaction, Confirmed transaction, Confirmation time & Fee (basic) - Public key, Private key, Input & Output (advanced)
How do transactions work technically?
To understand how transactions work on basic technical level, check blog post Types of Bitcoin transactions: Part I, Part 2.More detailed description can be found in Bitcoin Wiki or in Bitcoin.org Developer guide.
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