Relationship between transaction confirmations and miners

[kokjo]

we are not your brain. go search the fucking web.
http://en.wikipedia.org/wiki/SHA-2
https://en.bitcoin.it/wiki/Main_Page
http://bitcoin.org/bitcoin.pdf

kokjo, thank you for the fucking links I did read those, but I am a slow learner i.e., a NEWBIE!

so what you are basicly saying is: im stupid!!!

i take 0.25 btc/hour to teach you about bitcoin if you like.

[1714939254]

1714939254

[Deafboy]

DannyHamilton, please post yout BTC address, Your post deserves some donations.
Also, Can I use your post explaining the mining, translate it and publish it? I myself know how mining works, but your explanation is best I've ever seen.

[Krellan]

When you send a transaction you broadcast it to any peers you are connected to.  Those peers validate the transaction and then re-broadcast it to any peers they are connected to.  Those peers validate the transaction and re-broadcast it, and so on.  Every peer that hears about the transaction keeps track of it in a memory pool so they can transmit it to any new peers that haven't heard about it yet.

Wow, your post is a great answer!  It's a good concise writeup of how it works.  There's a lot of misinformation out there, and this helps to clear it up.  Wish I had read this in a FAQ somewhere first, it would have saved me from asking some silly questions!

Josh

[deepceleron]

I wrote a concise answer that if understood allows one to comprehend the technology of Bitcoin. How DannyHamilton has the patience to keep writing the same answers repeatedly to noobs I cannot fathom.


https://bitcointalk.org/index.php?topic=157803.msg1670263#msg1670263

http://we.lovebitco.in/how-bitcoin-works/

[szangvil]

so what you are basicly saying is: im stupid!!!

i take 0.25 btc/hour to teach you about bitcoin if you like.

kokjo, no, that's not what I am saying (and I would never pay a teacher who calls his students "stupid"). I am saying that the bitcoin system is not a simple system. The concept it very well understood but the details are very complex. The questions I asked helped a lot of other users (who are maybe ashamed to ask?) to understand.
I am sure you can find much dumber questions on this forum. And I don't think the reply is that the asker is stupid.

DannyHamilton, thank you for all your answers! Things are a lot clearer now.

[szangvil]

Another issue... there is a ton of explanations of how the bitcoin system works. But they are all very simple and not very technical. Google is flooded with simple to intermediate guides that give a very good picture to how it all works, but there are no details. It's hard to find "good" results (or ask the correct question) in google to more technical questions since google ranks on top all the simple explanations (since they get the most hits and are most popular) and the problems is that all questions i ask google have the simple answer.

To really know how it works, you have to be a programmer, and read the source code of some mining software, since there are no guides that I found that explain, for example, on what data hashing is performed or some of the other questions I asked in the beginning...

[DannyHamilton]

DannyHamilton, please post yout BTC address, Your post deserves some donations.

Not necessary.  Instead, just do me a favor:  The next time you come across a newbie that is struggling to understand something that you're able to explain, take a few minutes to help them out as patiently as you can.  That way we all become better informed, and the entire bitcoin system becomes stronger.

Also, Can I use your post explaining the mining, translate it and publish it? I myself know how mining works, but your explanation is best I've ever seen.

Certainly. It doesn't matter to me. Use it however you like.

- snip -
How DannyHamilton has the patience to keep writing the same answers repeatedly to noobs I cannot fathom.
- snip -

As long as they're demonstrating an interest, I really don't mind. None of us was born with this knowledge. We all had to learn it from someone somewhere.  Some of us have enough curiosity and patience to hunt down the information we seek on our own. Other's need an interactive conversation to help them grasp the concepts.

[szangvil]

DannyHamilton, wish we could all be as patient like you