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Author Topic: An Easy way to understand Bitcoin  (Read 41913 times)
Benson Samuel
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January 18, 2014, 05:45:00 AM
 #1

https://medium.com/bitcoins-digital-currency/a9a8c094feaf

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The network tries to produce one block per 10 minutes. It does this by automatically adjusting how difficult it is to produce blocks.
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techguy
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January 18, 2014, 05:47:17 AM
Last edit: January 18, 2014, 05:59:05 AM by techguy
 #2


cool stuff.
rohnearner
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REAL-EYES || REAL-IZE || REAL-LIES||


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January 31, 2014, 07:13:52 PM
 #3

loved the heading
Quote
How to Explain Bitcoin to a 7-Year-Old
and it really is very well explained.

bitcasino
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March 11, 2014, 05:36:42 PM
 #4

Yes very simple, a perfect guide for dummies.
Congrats!  Smiley

Digital Web Weaver
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April 29, 2014, 03:22:17 AM
 #5

I don't this Bitcoin is too hard to understand yeahh still newbiew can learn and understand easily from here
ravin
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May 24, 2014, 04:57:19 PM
 #6

Thanks for sharing.

Infact this medium bundle gets really philosophical at times
https://medium.com/bitcoins-digital-currency

Muhammed Zakir
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July 21, 2014, 06:28:14 PM
 #7

I don't this Bitcoin is too hard to understand yeahh still newbiew can learn and understand easily from here

Look at the heading!
Quote
How to Explain Bitcoin to a 7-Year-Old
It is made in simple language so that even a 7 year old child can understand the concept of BTC. Smiley
BTW great one! Grin
Kindly,
      MZ

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August 29, 2014, 04:58:15 AM
 #8

Analogy is excellent......theoritically ....but Practically speaking why do so many hacks n coin-theft do  take place Huh  If I put my hard earned Savings into BTC what is the guarantee that it will not b stolen Huh
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September 03, 2014, 03:04:50 AM
 #9

Analogy is excellent......theoritically ....but Practically speaking why do so many hacks n coin-theft do  take place Huh  If I put my hard earned Savings into BTC what is the guarantee that it will not b stolen Huh
Your hard earned Bitcoin savings can be transferred to a USB and safely tucked away somewhere secure.

Almost inactive on BTT these days. Will be back here soon. In the meantime find me on Vsys' Official Group on Telegram or Crypto Lovers Worldwide [CLW]
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November 09, 2014, 03:35:43 PM
 #10

nice article

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January 24, 2015, 02:45:29 PM
 #11

Great stuff
very usefull for newbie like me
many thanks
199BTC
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January 24, 2015, 02:47:41 PM
 #12

Its very helpful for me thanks for this link great work Cheesy
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January 24, 2015, 05:33:02 PM
 #13

Nice stuff!
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March 01, 2015, 08:29:22 AM
 #14


nice article  Grin

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March 07, 2015, 05:15:29 AM
 #15

should you buy bitcoin ?
An Easy way to understand Bitcoin

maheshmahi
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May 29, 2015, 05:44:07 PM
 #16

Earning from bitcoin is little bit tough u will understand slowly as a newbie
This guide really helps
mahi4ever
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June 21, 2015, 02:23:15 PM
 #17

Got to know many details.

But want to know more about many things say mining, about altcoins.please provide some threads to easy understand that.
alpesh102
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July 06, 2015, 01:39:54 PM
 #18

thanks for the post its improves my knowledge regarding bitcoin..
Wapinter
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August 08, 2015, 07:59:05 PM
 #19

thanks for sharing.Helped me a lot

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September 16, 2015, 10:37:26 PM
 #20

It is indeed very simple and helpful
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