What is an Altcoin?
What is an altcoin? In the beginning, there was only Bitcoin, created by Satoshi Nakamoto. But due to the open source
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What is a Seed Phrase?
What is a seed phrase? In the early days of Bitcoin, a wallet only generated one private key, which meant there was
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What is a Bitcoin Wallet?
In order to send or receive bitcoins, you need to use a Bitcoin “wallet“. But unlike a wallet in the
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What is a Blockchain?
What’s a blockchain? A “blockchain” or “blockchain technology” is an entirely new way of recording data on the internet in a way
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What is Bitcoin Mining?
What is mining in Bitcoin? “Mining” is the process of confirming transactions and adding them to the blockchain. Nodes that participate in mining
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What is a Bitcoin Node?
The Bitcoin network is a peer-to-peer (P2P) network of “nodes”. In previous lessons, you learned what a network does and what a P2P network is.
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What Does the Bitcoin Network Do?
What does the Bitcoin network do? As mentioned in the previous lesson, the Bitcoin network is made up of computers running the Bitcoin software. These
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What is the Bitcoin Network?
What is the Bitcoin network? The Bitcoin network is a peer-to-peer (P2P) network. From the words of the Bitcoin God himself:
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What is a Network?
Instead of a governing body or central organization (like a bank) managing transactions, Bitcoin is run by a network made up of
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What Problems Did Bitcoin Solve?
What makes Bitcoin so revolutionary? Why is it often hailed as a game-changer in the world of money? As mentioned
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