Bitcoin Explained with Emoji

In Part 1, we learned that Bitcoin is a decentralized currency, not generated or owned by any government or financial institution, and what hashing is. Now, we’ll learn how Bitcoin miners use hashing to literally make money, and how cryptography allows bitcoins to be trustworthy, unique and impervious to copying even though they are completely (and irreversibly) transferrable.

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Tess Rinearson

Tess Rinearson

VP of Engineering, Tendermint Core. (Previously: @Chain, @Medium.)