What is Bitcoin?

Photo by Dmitry Demidko on Unsplash

What is Bitcoin?

A ledger of transaction

Digital signature

Double spending problem

Digital currency

Decentralized peer to peer network

Cryptographic hash function

Proof of work

Blockchain

Miners

Block rewards

Source: https://www.forextime.com/education/forex-tutorials/bitcoin-block-rewards

Difficulty target

Who invented Bitcoin?

Cryptocurrency

Conclusion

REFERENCES:

  • Satoshi Nakamoto Bitcoin: A peer-to-peer electronic cash system 2008.
  • 3Blue1brown, https://www.youtube.com/watch?v=bBC-nXj3Ng4&t=631s.
  • “Mastering Bitcoin by Andreas M. Antonopoulos (O’Reilly). Copyright 2014 Andreas M. Antonopoulos, 978–1449374044.”

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Software Engineer | Technical Writer | IT Enthusiast

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Aicha Fatrah

Aicha Fatrah

Software Engineer | Technical Writer | IT Enthusiast

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