What happens if a person attempts to send an amount of coins to a valid but unowned BItcoin Address?

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3.70K viewsApril 7, 2018Bitcoinbitcoin cryptocurrency

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Does this mean that the transaction will fail and the Bitcoins will still be intact?

AmyC Answered question April 7, 2018

AmyC · Answer 1 · 2018-04-07T11:21:03+00:00

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The Bitcoin will go there and be lost forever as the chance of generating the private key will never take place.

AmyC Answered question April 7, 2018