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6 selected articles

Mastering Bitcoin, Chapter 2: How Bitcoin Works - Atlas Beta

blockr Block Reader

Each of these has a search function that can take an address, transaction hash, or block number and find the equivalent data on the bitcoin network and blockchain. With each example, we will provide a URL that takes you directly to the relevant entry, so you can study it in detail.

Bitcoin Overview

Mastering Bitcoin - O'Reilly Media

Bitcoin was invented in 2008 with the publication of a paper titled "Bitcoin: A Peer-to-Peer Electronic Cash System," written under the alias of Satoshi Nakamoto. Nakamoto combined several prior inventions such as b-money and HashCash to create a completely decentralized electronic cash system that does not rely on a central authority for currency issuance or settlement and validation of...

Mastering Bitcoin – O’Reilly Media

Ownership of bitcoin is established through digital keys, bitcoin addresses, and digital signatures. The digital keys are not actually stored in the network, but are instead created and stored by users in a file, or simple database, called a wallet. The digital keys in a user's wallet are completely independent of the bitcoin protocol and can be generated and managed by the user's wallet software...

Mastering Bitcoin - O'Reilly Media

Meta coins and meta chains are software layers implemented on top of bitcoin, either implementing a currency-inside-a-currency, or a platform/protocol overlay inside the bitcoin system. These function layers extend the core bitcoin protocol and add features and capabilities by encoding additional data inside bitcoin transactions and bitcoin addresses. The first implementations of meta coins used...

Chapter 7. The Blockchain - O'Reilly Media

Using the Bitcoin Core reference client on the command line:

$ bitcoind getblock 000000000019d6689c085ae165831e934ff763ae46a2a6c172b3f1b60a8ce26f

{ "hash" : "000000000019d6689c085ae165831e934ff763ae46a2a6c172b3f1b60a8ce26f", "confirmations" : 308321, "size" : 285, "height" : 0, "version" : 1, "merkleroot" : "4a5e1e4baab89f3a32518a88c31bc87f618f76673e2cc77ab2127b7afdeda33b", "tx" : [...

Mastering Bitcoin - O'Reilly Media

I first stumbled upon bitcoin in mid-2011. My immediate reaction was more or less "Pfft! Nerd money!" and I ignored it for another six months, failing to grasp its importance. This is a reaction that I have seen repeated among many of the smartest people I know, which gives me some consolation. The second time I came across bitcoin, in a mailing list discussion, I decided to read the white paper...

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