Author

Topic: Bitcoin functionality question (Read 700 times)

legendary
Activity: 1176
Merit: 1260
May Bitcoin be touched by his Noodly Appendage
August 10, 2011, 09:21:47 AM
#4
If you want to track the transactions of an offline address, use http://blockexplorer.com
member
Activity: 75
Merit: 10
August 10, 2011, 02:54:41 AM
#3
Many thanks for the quick response... your great hugolp ...cheers
legendary
Activity: 1148
Merit: 1001
Radix-The Decentralized Finance Protocol
August 10, 2011, 02:49:50 AM
#2
Bitcoin is a distributed database of transactions. The coins dont "really exist".

When your client connects to the network it will download the last transactions and will see the received coins. You dont have to have an active client to receive bitcoins.
member
Activity: 75
Merit: 10
August 10, 2011, 02:47:33 AM
#1
Hello,

What happens if someone sends you bitcoins and your bitcoin client or bitcoind is offline? If the receiving address is not there what happens to the transfer? Does it get bounced back, how does the network handle this eventuality....just curious Smiley

Thank you in advance for your assistance.

Trevor
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