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Author Topic: Explanation of how it works  (Read 348 times)
pcrowley203 (OP)
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July 10, 2017, 02:46:27 PM
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Can anyone recommend a rigorous, but well written explanation of how bitcoin works?

I'm a technically minded person.  I have an undergraduate degree in physics and have written a fair amount C code in my life.  I understand the basics of hashes, public/private key encryption, and Merkle tables.  I've tried to read the Developer Guide available at bitcoin.org, but I find it leaves lots of questions unanswered.  I'm looking for something of similar technical content but more thoughtfully written.
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Once a transaction has 6 confirmations, it is extremely unlikely that an attacker without at least 50% of the network's computation power would be able to reverse it.
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nejibens
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July 10, 2017, 03:05:22 PM
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Can anyone recommend a rigorous, but well written explanation of how bitcoin works?

I'm a technically minded person.  I have an undergraduate degree in physics and have written a fair amount C code in my life.  I understand the basics of hashes, public/private key encryption, and Merkle tables.  I've tried to read the Developer Guide available at bitcoin.org, but I find it leaves lots of questions unanswered.  I'm looking for something of similar technical content but more thoughtfully written.

It is hard to fully explain how it works here in some comments, you need to check the threads of this forum, there is a lot of helpful topics explaining in details what's Bitcoin, and what's crypto currencies in general, and how it works.
DannyHamilton
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July 10, 2017, 03:48:04 PM
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Start here:
https://www.youtube.com/watch?v=bBC-nXj3Ng4


If you still have questions, come back and ask.  I'll be happy to explain anything you don't understand.
nrm4bits
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July 10, 2017, 04:23:22 PM
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Start here:
https://www.youtube.com/watch?v=bBC-nXj3Ng4


If you still have questions, come back and ask.  I'll be happy to explain anything you don't understand.


After that a recommend you to learn from this course 'bout Bitcoin and Cryptocurrencies:

Lecture 01 - https://www.youtube.com/watch?v=fOMVZXLjKYo
Lecture 02 - https://www.youtube.com/watch?v=q5GWwTgRIT4
Lecture 03 - https://www.youtube.com/watch?v=t3hJsFpPmXs
Lecture 04 - https://www.youtube.com/watch?v=NKqHXoYZvMg
Lecture 05 - https://www.youtube.com/watch?v=jXerV3f5jN8
Lecture 06 - https://www.youtube.com/watch?v=glyQy_e5LmM
Lecture 07 - https://www.youtube.com/watch?v=IRbgZUGHn9g
Lecture 08 - https://www.youtube.com/watch?v=TipGy2bOVL4
Lecture 09 - https://www.youtube.com/watch?v=aM3OP4gazWw
Lecture 10 - https://www.youtube.com/watch?v=l-3kOuF0dts
Lecture 11 - https://www.youtube.com/watch?v=YG7l0XPtzD4
Lecture 12 - https://www.youtube.com/watch?v=1VYs_zZsorU
Kr-sama
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July 16, 2017, 03:11:54 PM
 #5

Just search it on youtube. There are many helpful videos there that explains how bitcoin works.
lonelygrimm
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July 17, 2017, 12:10:11 AM
 #6

just find some basic of how bitcoin works like how it distributed from pools, and check the latest news about it. You don't really need to know how system really works because it will take times like 1 years to really understand about it except you interest for becoming crypto developer

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