In the Basic Concepts category you will find introductory articles that range from the very basics (such as the ELI5 subsection) to medium difficulty subjects (e.g. beginning programming).
The concepts presented on this section are recommended for those beginning with cryptocurrency programming, investing, mining and other crypto related activities which involve some technical background.
ELI5 Bitcoin Puzzle Transactions
As the name implies, Bitcoin puzzle transactions are created as a challenge and not for the usual purpose of monetary transfer.
Puzzles can be published for several reasons, in...
Understand the Double Spending problem
As the name implies, the double spending problem consists in executing a transaction twice while subtracting once from your balance.
This, of course, can only happen by means ...
ELI5 Provably Fair Games
What is a provably fair game?
The answer lies at the heart of a whole new industry which has been developed around the transparent, decentralized, nature of the blockchain.
How to buy Bitcoin near me?
If you feel insecure about purchasing Bitcoin through virtual channels, a personal contact can go a long way in helping you break through the toughest barrier for new crypto inves...
ELI5 What’s a stablecoin?
Since the beginning of cryptocurrency history, most crypto assets have been known to experience enormous oscillations against the US Dollar (or some other legacy fiat currency).
Introduction to our commented Bitcoin source code section
Below you’ll find the main commented Bitcoin source code sections (sorted by section name and filename). Core amount.h – Defines the CAmount typedef, implements minimum and maximum valid amount range check. base58.cpp – The encoding function used for Bitcoin addresses. Base58 removes some potentially ambiguous characters from Base64 so Bitcoin addresses can be written down […]
Bitcoin: The mother of all cryptocurrencies
On January 12 2009, an individual or group using the pseudonym Satoshi Nakamoto, announced that the first Bitcoin transaction had taken place. Ten Bitcoins had been magically transferred between Satoshi and cryptography legend Hal Finney. It was the beginning of a revolution which, to this day, promises to change how humankind deals with money, finance […]
Opinion: Bitcoin no longer a contrarian investment [February, 2018]
Early Bitcoin investors got used to the common sense that cryptocurrencies were an alternative to the mainstream financial system. True that Satoshi’s original vision, where each user could mine a bit of BTC per day as a reward for keeping their full node running, may have seemed like a revolutionary alternative to the mainstream financial […]
Concepts In This Page
Bitcoin Improvement Proposals entry #174 establishes the Partially Signed Bitcoin Transaction Format
Bitcoin is the world's first viable decentralized cryptocurrency. It was released on January 2009 by Satoshi Nakamoto.
Acronym for Partially Signed Bitcoin Transaction