Difference between revisions of "Help:Accounts explained"

From Bitcoin Wiki
Jump to: navigation, search
Line 4: Line 4:
  
 
You can have different addresses in order to receive payments. Think of addresses as multiple postboxes around the outside of your house. Bitcoin allows accounts too. Each account owns a bunch of addresses. Taking our earlier analogy, you can imagine separate accounts as different houses. You (Bitcoin user) receive all the mail (balance shown in Bitcoin). Mail goes to a postbox (address) at one of your houses (accounts).
 
You can have different addresses in order to receive payments. Think of addresses as multiple postboxes around the outside of your house. Bitcoin allows accounts too. Each account owns a bunch of addresses. Taking our earlier analogy, you can imagine separate accounts as different houses. You (Bitcoin user) receive all the mail (balance shown in Bitcoin). Mail goes to a postbox (address) at one of your houses (accounts).
 +
 +
The balance you see displayed is a total from all your accounts.

Revision as of 15:08, 20 December 2010

Hashbtc.jpgThis page is a stub. Help by expanding it.

Introduction

You can have different addresses in order to receive payments. Think of addresses as multiple postboxes around the outside of your house. Bitcoin allows accounts too. Each account owns a bunch of addresses. Taking our earlier analogy, you can imagine separate accounts as different houses. You (Bitcoin user) receive all the mail (balance shown in Bitcoin). Mail goes to a postbox (address) at one of your houses (accounts).

The balance you see displayed is a total from all your accounts.