Bitcoin, exactly how does it work?

in #bitcoin4 years ago

By now we all know that it works on top of the blockchain, but a lot of concepts are layered down between multiple levels of abstraction.

Without going to deep I tried to provide a concrete view on how nodes actually function, what kind of work they are doing and how the network behaves.

https://wasteofserver.com/how-does-bitcoin-work/

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