Why should someone (not knowledgeable about bitcoin) should start spending hours and hours to learn about bitcoin's concept. Why should that someone start right now?
How about this? a couple minutes
Bitcoin Basic Concepts
•Bitcoin is a shared ledger system and the current state of the ledger is determined by a decentralized consensus.
•Bitcoin "mining" is the process of adding transactions to the ledger and is done by solving math problems that take substantial computational power.
•The "consensus" is achieved by users and "miners" deciding to run compatible versions of the software and enforcing the consensus rules.
•Users can run "nodes" using peer-2-peer connections that shares the ledger.
•Nodes enforce the rules by only broadcasting transactions and sections of the ledger that fit within the consensus rules.
•A user can verify the shared ledger took a huge amount of computational power to create as a way of trusting it is real.
•Miners get transaction fees and "block rewards" as an incentive to use their computer power.
•The "rewards" are a way to initially distribute the currency and are cut in half about every 4 years.
•Bitcoin addresses are secure because the numbers are so large that all the computers in the world cannot come close to cracking it.
It will take more than 2 minutes sir. Because then the person would ask:
What is a ledger system? What is a decentralized consensus? What is a substantial computational power? etc etc
I think you should re word into the most understandable and the most basic english.
