Hacker News new | past | comments | ask | show | jobs | submit login

surely the answer to that is that I shouldn't accept someone's bitcoins without being connected to the network to be able to check if they were already spent. this kind of "offline" transaction isn't allowed with regards to a credit card, why would it be allowed in our system?



Yes, for bitcoin there are no offline transactions. A transaction is recorded by telling everyone on the network it happened. Then everyone knows which addres spent and recieved bitcoins.




Consider applying for YC's Spring batch! Applications are open till Feb 11.

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: