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have you ever wondered how a Bitcoin transaction is actually validated by the Bitcoin miners in this video I will explain this by dissecting two Bitcoin transactions the reason Im making this video is because many people asked me to do a show on revocable sequence maturity contracts which is basically the construction mechanism of a payment channel in the Lightning Network and I really felt that people should have a really good understanding of whats happening deep down in a Bitcoin transaction therefore Im doing this video kind of as a prequel if youre interested in the Lightning Network in general construction you should really make sure to subscribe to my channel because this video is coming soon last week I sent over some mini Bitcoin to my Lightning node and what I can do is I can copy the transaction and get the raw hex data of it and Ive pasted this here in my editor and now I can look at it the first four bytes actually are the version number of the Bitcoin transaction an