Quote from: Agora on January 01, 2010, 06:09:58 PM
So, I finally got my client to start generating and after I got my laptop optimized for the task and waited over night. My first transaction completed resulting in +50 Coins. Yay!!
Congratulations and welcome to the forum Cool
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.
There’s no confirmation of incoming transactions when someone sends to your Bitcoin address, all transactions are automatically completed. Did the transaction show up in the transaction list?
Other nodes aren’t going to know which IP you’re sending to, your client just connects directly to it. Both IP’s are fine as long as the connection routes to the right computer. Anyway, I’d use the inner address inside a network for simplicity.