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how exactly does all of this work?
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Topic: how exactly does all of this work? (Read 731 times)
secretcircus
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how exactly does all of this work?
September 19, 2012, 12:19:11 AM
#1
Hi everyone, Newbie here. I am looking to get started with some bitcoin stuff. Unfortunately, I'm not exactly sure how the whole process works! I'm not looking to invest much (yet) but the whole thing just sounds very interesting from what I have heard. Is there some type of bitcoins for idiots website or post, haha?
Sethenes
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Re: how exactly does all of this work?
September 19, 2012, 12:35:06 AM
#2
You could try the FAQ at the Bitcoin Wiki to start with at :
https://en.bitcoin.it/wiki/FAQ
Then you can google Bitcoin. I don't know off-hand of a good place to start that doesn't have a lot of extraneous information.
SpiralNihlo
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Re: how exactly does all of this work?
September 19, 2012, 02:56:10 AM
#3
I recommend reading the bitcoin whitepaper
http://bitcoin.org/bitcoin.pdf
don't worry if you don't understand the math straight away.
evoorhees
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Democracy is the original 51% attack
Re: how exactly does all of this work?
September 19, 2012, 03:21:29 AM
#4
Quote from: SpiralNihlo on September 19, 2012, 02:56:10 AM
I recommend reading the bitcoin whitepaper
http://bitcoin.org/bitcoin.pdf
don't worry if you don't understand the math straight away.
LOL I would highly recommend NOT reading the original whitepaper to get started with Bitcoin.
If you want something super simple -
http://bitcoinbasics.com/
If you want something with more depth -
http://evoorhees.blogspot.com/2012/04/bitcoin-libertarian-introduction.html
Morranr
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Re: how exactly does all of this work?
September 19, 2012, 03:33:21 AM
#5
The
Q&A section of weusecoins.com
is also great for learning concepts that you're interested in, just look through the list of questions and click on any that sound interesting to you.
jojo69
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diamond-handed zealot
Re: how exactly does all of this work?
September 19, 2012, 03:46:40 AM
#6
Quote from: SpiralNihlo on September 19, 2012, 02:56:10 AM
I recommend reading the bitcoin whitepaper
http://bitcoin.org/bitcoin.pdf
don't worry if you don't understand the math straight away.
yo buddy
avatar taken
This is not some pseudoeconomic post-modern Libertarian cult, it's an un-led, crowd-sourced mega startup organized around mutual self-interest where problems, whether of the theoretical or purely practical variety, are treated as temporary and, ultimately, solvable.
Censorship of e-gold was easy. Censorship of Bitcoin will be… entertaining.
🏰 TradeFortress 🏰
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Re: how exactly does all of this work?
September 19, 2012, 03:57:05 AM
#7
Read the wiki
Frank Braun
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Re: how exactly does all of this work?
September 19, 2012, 06:16:13 PM
#8
I think the graphic in
http://spectrum.ieee.org/computing/software/bitcoin-the-cryptoanarchists-answer-to-cash/
sums it up nicely.
malevolent
can into space
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Re: how exactly does all of this work?
September 19, 2012, 06:19:49 PM
#9
http://bitcoin.stackexchange.com/
Signature space available for rent.
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