Bitcoin Forum
August 10, 2022, 11:42:50 PM *
News: Latest Bitcoin Core release: 23.0 [Torrent]
 
   Home   Help Search Login Register More  
Bitcoin Forum > Bitcoin > Bitcoin Discussion > Description: Generated ??
Pages: [1]
« previous topic next topic »
  Print  
Author Topic: Description: Generated ??  (Read 856 times)
bb
Member
**
Offline Offline

Activity: 84
Merit: 10


View Profile
July 24, 2011, 04:51:13 PM
 #1
Hi,

I just fired up my bitcoin client to check my new mining payouts (from pools) and found a new entry that just says "Generated". It is about 0.44 BTC.

It appears neither in "Sent" nor in "Received", only in "All Transactions".

What is this?
1660174970
Hero Member
*
Offline Offline

Posts: 1660174970

View Profile Personal Message (Offline)

Ignore
1660174970
1660174970
Reply with quote  #2
1660174970
Report to moderator
1660174970
Hero Member
*
Offline Offline

Posts: 1660174970

View Profile Personal Message (Offline)

Ignore
1660174970
1660174970
Reply with quote  #2
1660174970
Report to moderator
1660174970
Hero Member
*
Offline Offline

Posts: 1660174970

View Profile Personal Message (Offline)

Ignore
1660174970
1660174970
Reply with quote  #2
1660174970
Report to moderator
Unlike traditional banking where clients have only a few account numbers, with Bitcoin people can create an unlimited number of accounts (addresses). This can be used to easily track payments, and it improves anonymity.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1660174970
Hero Member
*
Offline Offline

Posts: 1660174970

View Profile Personal Message (Offline)

Ignore
1660174970
1660174970
Reply with quote  #2
1660174970
Report to moderator
dikidera
Full Member
***
Offline Offline

Activity: 126
Merit: 100


View Profile
July 24, 2011, 04:52:45 PM
 #2
Quote from: bb on July 24, 2011, 04:51:13 PM
Hi,

I just fired up my bitcoin client to check my new mining payouts (from pools) and found a new entry that just says "Generated". It is about 0.44 BTC.

It appears neither in "Sent" nor in "Received", only in "All Transactions".

What is this?
This happens if you were on eligius, and werent there for a week. So you get paid whatever you had left.
bb
Member
**
Offline Offline

Activity: 84
Merit: 10


View Profile
July 24, 2011, 05:05:55 PM
 #3
How can a transaction from eligius say "Generated" instead of "Received with: ..." ?
EricJ2190
Full Member
***
Offline Offline

Activity: 134
Merit: 100


View Profile
July 24, 2011, 05:14:16 PM
 #4
When a block is generated, it can divide the block among multiple addresses in any way it wants. Most pools claim the whole 50 BTC themselves and then pay the users afterwards. Eligius, however, just puts users' addresses right into the generated coins transaction. The coins are never actually sent from anywhere, they are essentially just claimed on your behalf.
bb
Member
**
Offline Offline

Activity: 84
Merit: 10


View Profile
July 24, 2011, 05:30:04 PM
 #5
Thanks for clearing that up.  Smiley
Pages: [1]
  Print  
Bitcoin Forum > Bitcoin > Bitcoin Discussion > Description: Generated ??
 « previous topic next topic »
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!