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Questions about the getTransactionReceipt api

What does mean the "status value" in the receipt of the transaction?

  1. Does the Status value returned means result of success in the blockchain?
  2. Or does it only mean that the transaction was successfully processed in Alchemy server?
    As you know, 1 and 2 are different. Even if 2 is done, 1 may not be done.
    I would like to know the exact meaning of the Status value returned from Alchemy.