Why are they used or needed?
Why are the money needed, and why are we using them?
How does the user receive them?
They were generated via a process called Genesis, which was only active for two weeks. No new pocket tokens are generated after the initial genesis, so there is a limited availability of them.
Where are they stored?
They are stored in the Steem blockchain, as comments. There are bots, called confirmation bots, that are scanning the blockchain for valid pocket transactions and confirming the balances of each user
How are they sent?
I will just send you some of them, so that you get an idea of how this works.
pocketsend:21@naturalguy, this is an example of a valid transaction. Now your account will hold 20 Pockets.
Successful Send of 21
Sending Account: steemmillionaire
Receiving Account: naturalguy
New sending account balance: 781147
New receiving account balance: 15018
Fee: 1
Steem trxid: 63f40229407be602a7ae2c4ffc2caf20be890766
Thanks for using POCKET! I am running this confirmer code.
@steemmillionaire OK I understand the origins. I kind of understand where they are stored. How is the recipient to know, his new or total balance? Why are these needed instead of using steem? I see that a sample was sent and I received 20 Pockets. I don't see anything in my wallet page area under balances or history? To send Pocket the sender would summon the bot wazup spelled out just as you did? Thank you for taking the time to help this slow to learn user. I really appreciate it.
pocketsend:11@steemmillionaire, thank you for example sample. I wanted to test myself
Successful Send of 11
Sending Account: naturalguy
Receiving Account: steemmillionaire
New sending account balance: 15007
New receiving account balance: 781357
Fee: 1
Steem trxid: 454fce465e8c498a0a668b1d79f4af12950b2267
Thanks for using POCKET! I am small bot and right now I am running this code.