Web3 Tech Brief By HackerNoon

How Does Bitcoin Work?


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This story was originally published on HackerNoon at: https://hackernoon.com/how-does-bitcoin-work.


Bitcoin, how does it work both in technicals terms but in a way anyone can get it.
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The current trend is to dumb down the mechanics of Bitcoin behind multiple levels of abstraction. Here we explore how it actually works without generalizing too much. How are the blocks tied together? A hashing function maps data of variable size to a fixed-size value. And it's generally at this stage that you'll hear that cryptography glues it together.

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