Trying to understand some basics here:
So a hacker tries to send a fake transaction to be added to a block. The signature is obviously wrong because they didnt have the correct private key … is this kicked out instantaneously or does it become an unconfirmed transaction and is kicked out when a block is added - that can’t be because that would be a huge waste of time.
I’m ASSUMING that if someone tried to broadcast a phony transaction it would get thrown out instantly because the signature would be wrong… is this correct?