Saturday 25 January 2014

How Bitcoins work - a clear and (relatively) simple explanation

Bitcoins are cool and will change the world.

I would say this however as I have more than a passing interest.

But it is fair to say that it is not easy to find a clear and relatively simple description of how a Bitcoin transaction works.

That was until I came across this infographic from Dr. Constantin Gurdgiev

(best viewed when opened in a new window)


I will likely return to write about more specific aspects of Bitcoin, the Bitcoin protocol and the Block chain at a later stage but for now enjoy.


No comments:

Post a Comment