This example will demonstrate that how money can be sent using Bitcoin network from one user to another. There are several steps that are involved in this process. As an example, we are using Blockchain wallet for mobile devices.
The steps are described here:
- First, either the payment is requested from a user by sending his Bitcoin address to the sender via email or some other means such as SMS, chat applications or in fact any appropriate communication mechanism. The sender can also initiate a transfer to send money to another user. In both cases, the address of beneficiary is required. As an example, the Blockchain wallet is shown here where a payment request is created: