Author

Topic: Details on How Transactions are Reported? (Read 420 times)

legendary
Activity: 2506
Merit: 1010
April 04, 2013, 03:17:02 PM
#2
I don't see the address (is this a hash?) when I search for it at either blockchain.info

Contact the seller.  If it doesn't even show in Blockchain.info, then it wasn't sent.
newbie
Activity: 4
Merit: 0
Thanks so much for the "Newbie" section!  It's great to have a place where I feel like I am not reducing the level of discourse by a factor of ten.  I posted this at the "Intro Yourself" but then thought that might not be the right place to ask an involved question so I wanted to start a thread for it. (Hope that OK).  I've seen it partially answered before but without the specifics I am interested in addressed, so please bear with me if this has been asked and answered a thousand times:

I purchased 5 BTC from a private seller and gave them my Electrum generated 'receive' address.  This was last night.  I am not so much worried that I have not received the BTC as I am that I don't see the address (is this a hash?) when I search for it at either blockchain.info or blockexplorer.  B.E. returned a report that the address was "First Seen/Never used on the network" and B.C. shows "No. of Transactions - 0"

The BTC should have been sent about 7 hours ago.  I have checked my wallet against the BlockExplorer block count and they are both showing 229662.  I sort of understand that the transactions are verified as a function of their block being mined/solved(?) and I guess it could be that it hasn't yet, but shouldn't it have appeared somewhere in these records by now if the send was initiated on his end?  I am told it will need 6 verifications, so I also am wondering will it only show after all 6 or after the very first?

My wallet is set to .0001 for transaction fee but I guess maybe that's only if I am sending?

Finally, I have the Electrum wallet installed and running but no other software installed as I haven't started mining.  Is this a problem for receiving?

I know it's a lot of questions, but I promise I am a quick learner and you won't have to tell me twice  Grin
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