Previous Article - Next Article - Table of Contents Introduction This article and a few that follow attempt a description of the technical aspects of Bitcoin in fairly simple terms. This includes a long section describing and justifying mining. We start with the big book. One Big Book A Big Paper Book Suppose that we … Continue reading A Beginner’s Guide to Bitcoin (Part 5): Technical Description – The Big Book
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A Beginner’s Guide to Bitcoin (Part 4): Problems with Bitcoin
Previous Article - Next Article - Table of Contents Even from the very brief description so far in this series of articles you can see that Bitcoin is a kind of cool and weird form of money. However it has some very serious problems. Technical Problems Bitcoin is slow. In fact it’s deliberately slow and … Continue reading A Beginner’s Guide to Bitcoin (Part 4): Problems with Bitcoin
A Beginner’s Guide to Bitcoin (Part 3): Why the Excitement?
Previous Article - Next Article - Table of Contents Bitcoin is a New Form of Money If you're reading this I expect you're aware of all the excitement surrounding Bitcoin. Of course it's a new form of money, and that's quite interesting. However I could issue my own money in paper form, and I suspect … Continue reading A Beginner’s Guide to Bitcoin (Part 3): Why the Excitement?
A Beginner’s Guide to Bitcoin (Part 2): Bitcoin vs Money
Previous Article - Next Article - Table of Contents Bitcoin Overview Basics As I've already said I'm not assuming you know anything about Bitcoin. To get started, below is a high level overview of the basics of Bitcoin and how payments in our new money are processed. You may well know some of this already. … Continue reading A Beginner’s Guide to Bitcoin (Part 2): Bitcoin vs Money