How Does Bitcoin Work ?

As a new user , you can simply start using Bitcoin without having to understand the technical details.

1. Chains of a common transactions record in which the Bitcoin network rests
2. A private key A transaction is a transfer of value between a Bitcoin wallet that is included in a
   chain-block.
3. Mining is a distributed agreement system used to confirm transaction queues by inserting them into
   chains.
4. Going to the rabbit hole is a very short and concise summary of the Bitcoin system.