Update 24.md

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wakgill
2021-01-04 12:57:19 -06:00
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@@ -19,14 +19,18 @@ The transfer is immediate if you send by IP address. If you send by bitcoin add
Also, the recipient needs to be synced up with the block chain before it'll see the received transaction. That means the status bar at the bottom needs to say at least 33000 blocks, like "x connections 33200 blocks x transactions".
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<a href="https://bitcointalk.org/index.php?topic=17.msg84#msg84">Quote from: sirius-m on January 05, 2010, 01:20:06 AM</a>
<a href="https://bitcointalk.org/index.php?topic=17.msg84#msg84">Quote</a>
However, once that transaction was complete, a new transaction hasn't started. Or maybe it has. There's only one
transaction in the list but I'm up to 131 Blocks under "Status". Is this the way it's supposed to happen? Does
it keep processing on the same transaction and generating coins every 120 blocks or so? Or is it supposed to
start a new transaction?
However, once that transaction was complete, a new transaction
hasn't started. Or maybe it has. There's only one transaction in
the list but I'm up to 131 Blocks under "Status". Is this the way it's
supposed to happen? Does it keep processing on the same transaction
and generating coinsevery 120 blocks or so? Or is it supposed to start
a new transaction?
The number of blocks of a transaction is the amount of new blocks that have been generated by the whole network after the transaction. Each new block in the chain means new coins to its creator. One "generated" -transaction in your transaction list means that you have generated one block. You're not the first one to find the concept of a "block" a bit confusing on the first sight.
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Would it be clearer if the status said "x confirmations", like: