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Author Topic: how to show my boss how a BTC-transaction does work  (Read 248 times)
joe1234 (OP)
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March 02, 2017, 06:30:39 PM
 #1

Hello

My boss wants me(I am a absolute BTC-novice too:-) to show him how a Bitcoin-transaction does work...
Since he is not yet ready to install a wallet-software on this phone, my idea is, to install a second wallet
on my smart-phone, in order to be able to send some funds between my two different wallets.


My questions:
1.
Is that technically possible?

2.
Is that a good idea, or are there not more creative scenarions to show him some basic stuff?


Thank you very much in advance for every feedback!

Joe


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It is a common myth that Bitcoin is ruled by a majority of miners. This is not true. Bitcoin miners "vote" on the ordering of transactions, but that's all they do. They can't vote to change the network rules.
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DannyHamilton
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March 02, 2017, 06:46:07 PM
 #2

1.
Is that technically possible?

Yes.

2.
Is that a good idea, or are there not more creative scenarions to show him some basic stuff?

You could create an online wallet (such as with blockchain.info) and then install a mobile wallet (such as Mycellium) on your phone.  Then you can demonstrate sending from your phone to your web wallet by scanning the QR code on the computer screen with your phone camera.
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March 02, 2017, 07:00:00 PM
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AFAIK you can have multiple bitcoin wallets installed on the same machine, they will act independently.
From now you can use every feature of wallet you installed, standard sending (via copying btc address) or QR sending (if available).
Remember to include hefty fee for that transaction you will be sending, or your boss might complain about long "sending time".

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March 02, 2017, 08:21:53 PM
 #4

Hello

My boss wants me(I am a absolute BTC-novice too:-) to show him how a Bitcoin-transaction does work...
Since he is not yet ready to install a wallet-software on this phone, my idea is, to install a second wallet
on my smart-phone, in order to be able to send some funds between my two different wallets.


My questions:
1.
Is that technically possible?

2.
Is that a good idea, or are there not more creative scenarions to show him some basic stuff?


Thank you very much in advance for every feedback!

Joe




Hi Jie, submicroscopic you are a novice and know nothing about it why don't you yave an expert talk to your boss about it or why don't you get yo understand it first before introducing him because I feel what we tell you here might not be enough because your boss might come up with Rollie up questions which you might find yourself wanting so just think over thus and advice yourself accordingly.
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