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But How Does Bitcoin Actually Work?

3Blue1Brown via YouTube

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Overview

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This course gives a step-by-step technical introduction to how Bitcoin and other cryptocurrencies work. It covers ledgers, digital signatures, cryptographic hashes, decentralization, proof of work, blockchains, double spending, block rewards, and transaction fees.

Syllabus

- Introduction
- Ledgers and digital signatures
- The ledger is the currency
- Decentralization
- Cryptographic hash functions
- Proof of work and blockchains
- Double spending
- Block times, halvenings, and transaction fees
- Thanks

Taught by

3Blue1Brown

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