Bitcoin Forum
May 14, 2024, 12:34:46 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: Tutorial on Bitcoins  (Read 805 times)
mokimarket (OP)
Sr. Member
****
Offline Offline

Activity: 422
Merit: 250



View Profile
October 24, 2011, 12:31:43 AM
 #1

I have ready several articles on bitcoins theory; some more illuminating than others. Here's where my understanding is at now:

The way I understand it is that each bitcoins stores a string of every transaction of every coin on the system, the system needs people to verify that the string is correct, it does this by rewarding computers (miners) that verify the system with new coins. And the larger the string gets, the harder it becomes to verify.

I know my understanding is wrong in many ways but could someone maybe point me to a tutorial that they used when they finally "got" bitcoins?
1715690086
Hero Member
*
Offline Offline

Posts: 1715690086

View Profile Personal Message (Offline)

Ignore
1715690086
Reply with quote  #2

1715690086
Report to moderator
"Your bitcoin is secured in a way that is physically impossible for others to access, no matter for what reason, no matter how good the excuse, no matter a majority of miners, no matter what." -- Greg Maxwell
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1715690086
Hero Member
*
Offline Offline

Posts: 1715690086

View Profile Personal Message (Offline)

Ignore
1715690086
Reply with quote  #2

1715690086
Report to moderator
1715690086
Hero Member
*
Offline Offline

Posts: 1715690086

View Profile Personal Message (Offline)

Ignore
1715690086
Reply with quote  #2

1715690086
Report to moderator
1715690086
Hero Member
*
Offline Offline

Posts: 1715690086

View Profile Personal Message (Offline)

Ignore
1715690086
Reply with quote  #2

1715690086
Report to moderator
tinman951
Full Member
***
Offline Offline

Activity: 149
Merit: 100


View Profile
October 24, 2011, 03:24:43 AM
 #2

http://www.weusecoins.com/

Free micro bitcoins: http://www.bitvisitor.com/?ref=1DFw1VncjVhqdg6GWoQ6Qtc5ncR5RHXxfP
Donate BTC: 18b94MMTWd7bWaUWcq7VHmizgswP2dK6fM
mokimarket (OP)
Sr. Member
****
Offline Offline

Activity: 422
Merit: 250



View Profile
October 24, 2011, 12:55:47 PM
 #3


I know about most of the "traditional" tutorials. I guess I was looking for a more academic yet readable source. I've read the original whitepaper and I guess I'm wondering if there are more articles of that sort that are floating around.
Atheros
Sr. Member
****
Offline Offline

Activity: 249
Merit: 251



View Profile WWW
October 25, 2011, 02:08:16 AM
 #4

I've personally written a decent portion of this:
https://en.bitcoin.it/wiki/Introduction

I also took care to take out more technical things that aren't relevant on an introduction.

To respond to some of your points:
"And the larger the string gets, the harder it becomes to verify."

No, the strings used in transactions will always be the same size. They will always be just as easy to verify. Everyone verifies them, not just miners. Miners do an additional task beyond most people: they create blocks. Creating blocks is very difficult.

BM-GteJMPqvHRUdUHHa1u7dtYnfDaH5ogeY
Bitmessage.org - Decentralized, trustless, encrypted, authenticated messaging protocol and client.
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!