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Bitcoin Protocol Explained 1 - Bitcoin paper broken down step by step.

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Published on Jan 27, 2014

Bitcoin Protocol Paper Playlist: http://www.youtube.com/watch?v=UieiMU...

All Bitcoin Videos Playlist: http://www.youtube.com/watch?v=UieiMU...

In this video miniseries, the original Bitcoin paper is broken down. The paper is extremely condensed and is not very friendly to people who are not very familiar with the field. Since Bitcoin is for everyone, not just computer scientists and cryptologists, it is important than anyone can understand the basics of how Bitcoin and its protocol works as well as the problems it solves. It is my goal to help anyone confused about how the Bitcoin system works, and break it down so it can be understood by anyone. I may eventually cover mining as well specifically, but it is more important that most people understand the protocol and how it works as a system.

The original paper: bitcoin.org/bitcoin.pdf

http://seaofbtc.com
http://sentdex.com
http://hkinsley.com
https://twitter.com/sentdex

Bitcoin donations: 1GV7srgR4NJx4vrk7avCmmVQQrqmv87ty6

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