Mining is a record-keeping service.Miners keep the blockchain consistent, complete, and unalterable by repeatedly verifying and collecting newly broadcast transactions into a new group of transactions called a block. Each block contains a cryptographic hash of the previous block using the SHA-256 hashing algorithm which links it to the previous blo

This is a shorter version of my original " How Bitcoin Works Under the Hood " 22 minute video, and it's also geared more towards non-programmers.

In addition to its stable price in recent weeks, talks of Bitcoin’s edge in gaining relevance to physical gold particularly as a traditional store of value seems to be gaining more ground following the slowing price of the precious metal. Economist and investor, Tuur Demeester, looked at it from a point of view in a recent post and established th

Baffled by bitcoin? Confused by the concept of crypto-currencies? Well, fear no more. In 190 seconds we explain what bitcoin actually is, where the idea came from and the impact it's having around the world. Is bitcoin the future of finance, a potential destroyer of the economy ... or just a silly slice of technical utopianism?

A wallet stores the information necessary to transact bitcoins. While wallets are often described as a place to hold or store bitcoins, due to the nature of the system, bitcoins are inseparable from the blockchain transaction ledger. A better way to describe a wallet is something that "stores the digital credentials for your bitcoin holdings" and a

Bitcoin is pseudonymous, meaning that funds are not tied to real-world entities but rather bitcoin addresses. Owners of bitcoin addresses are not explicitly identified, but all transactions on the blockchain are public. In addition, transactions can be linked to individuals and companies through "idioms of use" (e.g., transactions that spend coins

Learn about Bitcoin. This short animated video is an introduction to Bitcoin