{"id":312,"date":"2023-11-22T06:48:00","date_gmt":"2023-11-22T06:48:00","guid":{"rendered":"http:\/\/10.0.1.147\/?page_id=31"},"modified":"2024-07-02T13:37:14","modified_gmt":"2024-07-02T13:37:14","slug":"developers-send-recieve-money","status":"publish","type":"page","link":"https:\/\/www.hashcashconsultants.com\/developers-send-recieve-money\/","title":{"rendered":"Developers Send Recieve Money"},"content":{"rendered":"
Now that you have an account, you can send and receive funds through the HC Net. If you haven\u2019t created an account yet, read step 2 of the Get Started guide.<\/p>\n
Most of the time, you\u2019ll be sending money to someone else who has their own account. For this interactive guide, however, you should make a second account to transact with using the same method you used to make your first account.<\/p>\n<\/div>\n
Actions that change things in HC Net, like sending payments, changing your account, or making offers to trade various kinds of currencies, are called operations.[1] In order to actually perform an operation, you create a transaction, which is just a group of operations accompanied by some extra information, like what account is making the transaction and a cryptographic signature to verify that the transaction is authentic.[2]<\/p>\n
If any operation in the transaction fails, they all fail. For example, let\u2019s say you have 100 HCX and you make two payment operations of 60 HCX each. If you make two transactions (each with one operation), the first will succeed and the second will fail because you don\u2019t have enough HCX. You\u2019ll be left with 40 HCX. However, if you group the two payments into a single transaction, they will both fail and you\u2019ll be left with the full 100 HCX still in your account.<\/p>\n
Finally, every transaction costs a small fee. Like the minimum balance on accounts, this fee helps stop people from overloading the system with lots of transactions. Known as the base fee, it is very small\u2014100 Jots per operation (that\u2019s 0.00001 HCX; Jots are easier to talk about than such tiny fractions of a HCX). A transaction with two operations would cost 200 Jots.[3]<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"
Send and Receive Money Now that you have an account, you can send and receive funds through the HC Net. If you haven\u2019t created an account yet, read step 2 of the Get Started guide. Most of the time, you\u2019ll be sending money to someone else who has their own account. For this interactive guide, […]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"template-developers-send-recieve-money.php","meta":{"footnotes":""},"class_list":["post-312","page","type-page","status-publish","hentry"],"yoast_head":"\n