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Bitcoin is notoriously easy to steal – just a string of alphanumeric characters (encoding the private RSA key) gives an individual complete control over the account attached to that key. Those strings are very easy to steal, and stolen they have been – many times, involving sums in the hundreds of millions of pounds at the current exchange rates. The situation got so bad that bitcoin exchanges had to put special measures in place to prevent their own staff from stealing their bitcoins. This project will examine possible ways of making cryptocurrencies harder to steal.
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You can understand how bitcoin really works I am a Bsc graduate in computer science with a lot of interest in bitcoin. After explaining how bitcoin really works to my friends and family countless times, I've decided to put together this together and share it with everyone. I sincerely hope it helps you understand how bitcoin works.
SMALL STEPS Take your time The hard parts are divided into many part. You will build-up your knowledge one step at a time. Anyone who graduated from 4th grade can do it.
FINALLY UNDERSTAND Learn how bitcoin really works You will know what bitcoin miners do. You will understand how wallets work and what you can do offline. You will be able to better protect yourself from losing money.
NO CATCH There is no payment or ads The material for this part is mostly made for friends and family. I've turned it into a format appropriate for this website. I hope to receive bitcoin donations from those people who find it useful. You can download it for free
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