Bitcoin has attracted its share of headlines, hype, and hyperbole. Do you want to truly understand the crypto-currency and its underlying blockchain technology, so you can reach your own conclusions and make informed decisions?
The Bitcoin Tutorial is a unique approach to fully understanding Bitcoin. It starts by explaining contemporary cryptography and confidently works through the blockchain and the currency. Each concept is explained from first principles, building upon the preceding material. Intuition is developed step-by-step, fostering real understanding.
Some elements of Bitcoin are counter-intuitive, for example, the bitcoin blockchain is completely public AND the bitcoin currency is fantastically secure. That may strike you as contradictory because, based on conventional thinking, "public" connotes unprotected and "secure" implies secret.
The Bitcoin Tutorial pulls back the curtain and de-mystifies key elements including cryptography, transactions, blocks, the blockchain, the peer-to-peer network, full nodes, mining nodes, wallets, and of course, the bitcoin currency. Counter-intuitive elements are explained and contradictions are resolved.