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1  Other / Beginners & Help / Re: The basics of how bitcoins work on: July 20, 2013, 12:34:57 AM
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Not bad.  There is no "long random number" that is a "money number", you might want to research a bit more how transactions work.

The whole point of the article was why a "money number" doesn't work. The concept is introduced as a "money number" so the reader can start to reason about how that might work. Then I introduce each problem by relating it to a money number: the concept of logical clocks, then byzantine clocks, then consensus.

The article doesn't really describe bitcoin, it describes the design decisions and thought process that lead up to building something like bitcoin.
2  Other / Beginners & Help / The basics of how bitcoins work on: April 03, 2013, 10:11:11 PM
Here's a blog post I wrote to describe the basics of how bitcoins work:

http://www.bringhurst.org/2013/04/03/how-does-bitcoin-crypto-work.html

Feedback requested if you have the time. Grin
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