Login  Logout  Edit User Info  Create Account Not Logged In
Page - [ 1 2 3 4 5 ]
New Post  Index   
Reddit Lounge - Forum Status - Fiefdom - nBlog - Upload - VOTE - . - . - .
[Return to Index]
From: Jouk
Registered User
06:55 12/08/2017
Viewed: 42 times

Location: X is of Evil
Subject: Transactions are also "crafted" into the block chains. - [Edit Post]          1   0

So a person mining who completes a chain introduces your transaction into it.

When enough people have put your transaction into to a block, it's trustworthy and "money moves".

This is also why transactions A) pay and B) take really fcking long these days. One of the reasons BTC will never be a commercial currency (Steam just dropped it).

Other than that, it's just wasting humanity's resources in a huge way (more electricity than a small country needs is converted to warmth by miners each day).
mail me at: steamusername (<- left image) at gmail dot com

Papyrus Forum System v3.00 by nPawn & Friends
Want to help?