Basics_04: How Bitcoin Works (A Distributed Ledger)
Manage episode 358401279 series 2954054
Bitcoin Basics Series Episode 4. In this chat Daz, Seb, Dan & Josh dive into the mechanics of HOW the Bitcoin protocol & network function. They unpack what problems Bitcoin solves and the manner in which it solves them. This is part 4 of a multipart series.
Full Bitcoin Basics Series here
Watch video of this chat on YouTube here
- What problems did Bitcoin solve & how does it solve them?
- Distributed ledgers & decentralization
- Security through math, cryptography & game theory
- Tokens vs ledgers
- Single socks
WANT MORE? HERE ARE FURTHER RESOURCES REGARDING THIS TOPIC:
- Daz’s pick — The Blocksize Wars by Jonathan Bier
- Seb’s pick — “A Primer on Bitcoin Mining” from NYDIG
- Josh’s pick — “Bitcoin Is Time” by Gigi
- Dan’s pick — Inventing Bitcoin by Yan Pritzker
- BITCOIN 2023: promo code “BCB23” for 10% off tickets. May 18-20, 2023. We’ll be there! Join us for the world’s largest gathering of bitcoiners as we celebrate another year of progress towards hyperbitcoinization. Visit b.tc/conference
- COINKITE — PROMO CODE “BCB” for discount on ColdCard. Industry leaders in Bitcoin security hardware and fun devices, makers of the COLDCARD and other prominent items including opendime, satscard, tapsigner, the seedplate, coldpower, blockclock mini & blockclock micro. All available at coinkite.com
- START9 — Sovereign computing. Take back control of your data. Run a Bitcoin & Lightning node. Embassy One: A small uncompromising personal server, capable of running BTC Core. Embassy Pro: The most powerful, secure, and reliable private server in the world. Visit Start9.com
- SWAN — The place we choose to buy Bitcoin. Dollar cost average daily, weekly or monthly with a company that’s Bitcoin only and encourages you to hold your own private keys. Visit Swan.com. For a limited time Swan is offering FREE Swan Premium for 1 year at Swan.com/fire.
- CROWDHEALTH BTC — Use CODE BLUE to get 1st 3 months massively reduced at $99/month. Harness the Power of Bitcoin + Health Care. Join other Bitcoiners on a crowdfunding platform while accumulating Bitcoin in the process. Bitcoin specific crowd joincrowdhealth.com/bitcoin
SUPPORT THE BCB PODCAST: Podcast 2.0 streaming on our favorite pod app, Fountain: You can earn & stream sats on Lightning Network while listening to pods! Also share and listen to standout clips with the Fountain community.
- Twitter: you can follow us @blue_collarbtc, follow Seb @sebbunney follow Daz @dazbea1
- Blue Collar Bitcoin on NOSTR: npub1a3hrd4wfawr578d5y5l0qgmh7lx8q6tumfq0h7eymmttt52veexqkcfg37
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