2min chapter

Bitcoin Explained - The Technical Side of Bitcoin cover image

Episode 28: Bitcoin Addresses

Bitcoin Explained - The Technical Side of Bitcoin

CHAPTER

Bitcoin on a Chain

We'd love to know. Is there anyone who's ever used this way of paying someone pay to IP address? It was technically possible. But right now you don't really do transactions with the peers you're directly connected to. And then later on, you know, you had mining pools and it all became more professional. So the way they would pay out might be very different. probably go to a multi-sick address from which it's paid back to the individual pool participants. Or it could be paid directly to the pool participants, although that's a bit inefficient because you need a long list of addresses in thecoinfield.com site.

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