How do Bitcoin payments work?

bax
Posts: 4
Joined: Tue Apr 11, 2017 5:13 am

How do Bitcoin payments work?

Postby bax » Tue May 02, 2017 5:47 am

How do Bitcoin payments work?

jamy
Posts: 97
Joined: Mon Apr 10, 2017 10:42 am

Re: How do Bitcoin payments work?

Postby jamy » Tue May 02, 2017 6:01 am

The Bitcoin payments are dependent on the public address of users. For example, in order to receive bitcoins, the recipient needs to provide his public address to the sender so the coins could be sent to the provided address and vice versa.

eddy
Posts: 107
Joined: Mon Apr 10, 2017 10:49 am

Re: How do Bitcoin payments work?

Postby eddy » Wed Sep 13, 2017 5:35 am

Sender and receiver, both need to put the public address for further proceedings.

evilzero
Posts: 93
Joined: Wed May 03, 2017 7:20 am

Re: How do Bitcoin payments work?

Postby evilzero » Wed Sep 13, 2017 5:35 am

You can’t make any payment without public address

edward
Posts: 63
Joined: Thu Apr 06, 2017 8:11 am

Re: How do Bitcoin payments work?

Postby edward » Wed Sep 13, 2017 5:36 am

It’s simple, the recipient needs to give public address and get money

Ortiz
Posts: 97
Joined: Fri Apr 07, 2017 11:17 am

Re: How do Bitcoin payments work?

Postby Ortiz » Wed Sep 13, 2017 5:36 am

It completely depends on the public address. If you forget public address or don’t have. Then don’t think about money. You will not have any access to that money.

ella
Posts: 35
Joined: Tue Aug 22, 2017 12:43 pm

Re: How do Bitcoin payments work?

Postby ella » Wed Sep 13, 2017 5:37 am

Public address is compulsory for payment proceedings.

evan
Posts: 33
Joined: Tue Aug 22, 2017 1:08 pm

Re: How do Bitcoin payments work?

Postby evan » Wed Sep 13, 2017 5:38 am

You don’t know? You need a lecture about it.

reebrilliant
Posts: 97
Joined: Wed Apr 26, 2017 8:37 am

Re: How do Bitcoin payments work?

Postby reebrilliant » Wed Sep 13, 2017 5:38 am

It’s 2FA process, confirmation from both sides are necessary. If you don’t fulfill the required data, you can’t do this.

Reyes
Posts: 66
Joined: Sat Apr 08, 2017 6:13 am

Re: How do Bitcoin payments work?

Postby Reyes » Wed Sep 13, 2017 5:40 am

What if I said, I want your car without a key? Isn’t insane? Same case with these payment process. you need to fulfill all required options.

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