Post
Topic
Board Beginners & Help
Re: A way to generate BTC for free?
by
BitWulf
on 20/05/2013, 00:39:28 UTC
No the 1BTC would be spent. All the transactions are in a public database called the blockchain. Your wallet.dat only contains some bitcoin address with the corresponding private key. The private key let you sign a transaction and once it's been broadcast to the Bitcoin network then it's too late... The bitcoin has been spent.

Was wondering how this was overcome. Thanks for the education.