Coinmonks
Published in

Coinmonks

Bitcoin White Paper — Down Into the Rabbit Hole

The Bitcoin White Paper is a freaking rabbit hole. To understand it you need to know about cryptography, networking, game theory, economics, computer science and so on. I’ll try to simplify it for you!

To understand the paper you’ll have first to understand:

  1. The Byzantine Generals’ Problem (BGP), watch the video to grasp the concept.

--

--

--

Coinmonks is a non-profit Crypto Educational Publication. Follow us on Twitter @coinmonks and Our other project —  https://coincodecap.com , Email  — gaurav@coincodecap.com

Recommended from Medium

[Skypeople]Rating Classification Update

Visual Nugget 2022 00 “Type less, draw more”

Visual Nugget 22.00

Is The Crypto Bull Market Over?

Notes on CeDeFi vs DeFi

Stakenet DEX — Quick Start Guide

Ethereum Naming Service Is One of The Most Interesting Projects of 2021

$UST’s collapse is the biggest threat to crypto. Is it the end of $UST and $LUNA?

LBK Bi-Weekly Operation Report (2020.07.16–2020.07.31)

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
Federico Ulfo

Federico Ulfo

I grow startups and I connect people. I used to play with Lego, now I play with Kubernetes and Bitcoin.

More from Medium

The Rise of Bitcoin Maximalism: Missing the Forest for the Trees

On Bitcoin 2: The One Way Function

Bitcoin saved in the EU: the vote of the European Parliament

Most People Will Suffer on Their Bitcoin/Crypto Journey