Quote from: bitcoinwallet.id on April 05, 2015, 06:47:36 AM

Quote from: Sabunir on January 26, 2010, 02:48:41 AM

Hello. My understanding of Bitcoin is not perfect, so I would like to ask questions about its operation. When Generating, the user will gain 50 coins after creating 120 blocks. Why does the program continue generating blocks after that point? And why does one not gain another 50 coins after generating 240 blocks?

Also, I sent a few coins to someone to test the transaction system. Even though it was just a few coins, that transaction's status currently reads "166 blocks". It seems that it will continue incrementing indefinitely. Why is this?

I thank responders for increasing my knowledge.

It continue generating blocks?! The miners now are aimed to generate as more blocks as possible.
Also you use a few bitcoins to test it? You are so rich!

He isn't rich. Bitcoin is worth less than 1 cent at that time, so few coins (like 10 coins?) at that time have equal value of about 10000 satoshis. However if he don't sell the few coins and keep them to now, he is really losing $2500 (assume that the number of coins he used to test is 10).