Transaction Data Recording and Transparency

Real-time auditing technology based on blockchain plays a critical role within the DogeBank platform. Every piece of data related to mining earnings, hashrate transactions, and the minting and circulation of the platform token DB is recorded on the blockchain’s distributed ledger.

Take mining earnings as an example: whenever a user mines a certain amount of cryptocurrency, the corresponding income data is immediately packaged into a block and broadcasted to all nodes in the blockchain network. These nodes validate and confirm the data through a consensus mechanism. Once confirmed, the data becomes immutable.

This means users can view detailed records of their mining income at any time through a blockchain explorer—such as the time of mining, the amount of cryptocurrency mined, and the method of income settlement.

Similarly, in hashrate transactions—whether it's the purchase or rental of mining machines, or the transfer of computing power—every transaction detail is permanently recorded on the chain. This ensures full transparency and reliability of transactions, thereby enhancing user trust in the platform's trading processes.