Blockchain 101: A Beginners Guide

Sina Falaki
5 min readJul 24, 2018

Nearly everyone knows about Bitcoin, a form of digital currency that caught headlines in 2017 when its prices skyrocketed:

Suddenly, everyone wanted a piece of this new technology, motivated by stories of early adopters who purchased Bitcoin when it was less than $1 per coin, and then found themselves millionaires when it rose to nearly $20,000.

It was a modern day gold rush, but this time the gold was digital.

These days, the value of Bitcoin is no longer surging so drastically, but the technology it is built on, blockchain, is another form of digital gold.

As Bitcoin grows more visible in the public sphere, there has never been a better time for engineers and entrepreneurs to explore blockchain, the technology that makes Bitcoin possible.

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Sina Falaki

Passionate Technologist and Product Marketer. Exploring the intersection of people and technology. Ex-Founder @hotstockmarket.com (acquired)