BASIC EXPLANATION OF BITCOIN

Bitcoin was invented to function as digital money and a store of value. Learn the reasons Bitcoin was invented in the first place.

INTERMEDIATE EXPLANATION OF BITCOIN

Now that you know the benefits that Bitcoin provides, see how it actually functions. Learn the basics of Bitcoin.

ADVANCED EXPLANATION OF BITCOIN

Learn the advanced and mathematical way Bitcoin works.

HOW DO BITCOIN ADDRESSES ACTUALLY WORK?

In order to send Bitcoins, you need a private key. In order to receive Bitcoins, you need a public key. Learn what public and private keys are. These are also sometimes called public address and private address.

WHAT IS A BITCOIN WALLET?

In order to store your Bitcoins, you need something called a wallet. Learn how wallets operate. Also learn more about what a Bitcoin address is and does.

WHAT ARE THE DIFFERENT TYPES OF BITCOIN WALLETS?

There are many ways to store your Bitcoins. Now that you know what Bitcoin addresses and wallets are, you can learn about the different types of wallets.

WHAT IS THE DIFFERENCE BETWEEN A COLD WALLET AND A HOT WALLET?

Wallets can vary in how secure they are. Cold Wallets generally refers to the safest, while Hot Wallets refers to the riskiest. Learn about hot and cold wallets.

WHAT DO MINERS DO?

Miners are responsible for creating blocks of transactions that will be added to the blockchain. Learn the function that miners play in the Bitcoin protocol. Also learn ways in which miners try to gain advantage over other miners.

WHAT ARE NODES IN THE BLOCKCHAIN?

Nodes are what give Bitcoin its decentralized structure. The more nodes there are, the more secure the network is.

WHO CREATED BITCOIN?

Bitcoin was created in 2009 by an unknown person(s) using the alias Satoshi Nakamoto. Learn more about the creator of Bitcoin.

WHO CONTROLS BITCOIN?

Although Satoshi Nakamoto created Bitcoin, he no longer has control over it. Learn why the creator of Bitcoin is not in charge. Also learn why we don’t have to trust them.

WHO CHANGES THE WAY BITCOIN WORKS?

If Satoshi Nakamoto is not in charge of Bitcoin, then who is? Learn who can change the way Bitcoin operates.