Post
Topic
Board Beginners & Help
Re: How the Receiver knows that he/she got Bitcoins
by
rohnearner
on 14/03/2014, 17:31:20 UTC
Hi,

  I have 2 questions regarding Bitcoin Transactions.

  Could someone clarify in detail
      
   1. How the receiver knows that he or she got the Bitcoins

   2. What will happen if there are no Minors in the network

Thanks in Advance
  

Ans1:
You'll get BTC in your acc/ then you'll know that you got bitcoin , other then that you can check it on Blockchain , blockr.io or other similar sites by just entering your btc address in search box.

Ans2:
I'm sure you are talking about Miners not Minors, because no one cares if there is minors involved in bitcoin network or not but we certainly care about Miners Smiley Just to answer that question i'll say " It will never happen. " miners will stay in network even after mining all btc.