This is a broad introduction to Bitcoin from a technical perspective. We do not talk about finance or economics, and we don’t compare distributed ledger technologies. We’re not addressing exchanges, layer 2 technologies, mainstream adoption, etc.
We’re also going to avoid going deep into forks, fungibility, mining or the math of Bitcoin.
In this episode we introduce these fundamental Bitcoin topics:
- What is Bitcoin?
- Blockchains and blocks
- What are transactions?
- What are miners and what do they do?
- Proof of Work in Bitcoin - SHA256 hashing
- Bitcoin consensus mechanism
- How do wallets work?
- Brief discussion about various types of wallets and wallet security
I hope this is accessible and informative and look forward to doing more in the future.