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In this episode, we discuss the Bitcoin whitepaper.
Here is the link: The Whitepaper
Take the time to read it. It is only 9 pages, and you will get the gist of what they were trying to do. The problem of being able to send value over a digital network sounds simple, but many people had been working on it for some time. This paper came up with a clever way to utilize a network of actors that would utilize their computer power to establish a distributed ledger that is verified by consensus.
This experiment slowly grew into a network that now has a total value of over $1 Trillion. And its just going to keep growing as more and more people worldwide adopt the technology.
We are just getting this podcast off the ground. Stay tuned for a lot more good information to help you get started on your journey of learning about bitcoin. Thanks for listening.
By Chris WilsonIn this episode, we discuss the Bitcoin whitepaper.
Here is the link: The Whitepaper
Take the time to read it. It is only 9 pages, and you will get the gist of what they were trying to do. The problem of being able to send value over a digital network sounds simple, but many people had been working on it for some time. This paper came up with a clever way to utilize a network of actors that would utilize their computer power to establish a distributed ledger that is verified by consensus.
This experiment slowly grew into a network that now has a total value of over $1 Trillion. And its just going to keep growing as more and more people worldwide adopt the technology.
We are just getting this podcast off the ground. Stay tuned for a lot more good information to help you get started on your journey of learning about bitcoin. Thanks for listening.