Bitcoin Decoded

Bitcoin Decoded

This is a series of articles about Bitcoin. My goal is to explain what Bitcoin is and how it works, clearly and without unnecessary jargon. The articles are based on a talk I give from time to time at work, called "Bitcoin Decoded: The Technology Behind Digital Money". I go into some technical depth, but in a way that everyone can follow. You do not need any prior knowledge of Bitcoin, cryptography, or computer science.

Overview

  1. Definition: What is Bitcoin?
  2. Origins: Why was Bitcoin created?
  3. Cryptography: What makes Bitcoin secure?
  4. Blockchain: How are transactions recorded?
  5. Consensus: How does the network agree on the truth?

I recommend reading them in order, as each article builds on the previous one.

This series focuses on how Bitcoin works, not on how to buy or invest in it.