“I wrote a book that answers the question ‘What is Bitcoin?’ It’s 300 pages long, was obsolete the moment it was printed and has to be corrected and updated every three months just to keep up with changes.”

– Andreas Antonopoulos –

Did the Knights Templar Invent Cryptocurrency Almost A Thousand Years Before Bitcoin Existed?

It is a common misconception that Bitcoin was the first cryptocurrency in existence. To prove this untrue, all you need to do is look back 20 years to 1997. Hashcash was a concept invented by Adam Back as a way to combat DDoS and spam email, using the same...

The State of Global Cryptocurrency Regulation

If ever we needed the scales of justice to balance, it is now as governments around the world ponder cryptocurrency legislation. What we need is just enough regulation to protect consumers, but not so much that it stifles job creating innovation. At times...

Video: How To Purchase Bitcoin & DNotes – Mercatox Exchange

https://www.coinbase.com/ https://mercatox.com/

Step by Step Instructions – How to Buy DNotes Cryptocurrency on Stocks.Exchange

https://stocks.exchange/register Stocks.Exchange requires you to enable Two Factor Authentication by using your mobile device and the Google Authenticator app. DROPDOWN MENU CLICK MANAGE WALLETS   *DO NOT SEND BITCOIN TO THE ADDRESS USED IN THIS EXAMPLE. BE SURE YOU...

How To Buy Proof of Stake Cryptocurrency DNotes, on NLexch

https://www.nlexch.com/ It is recommended that you immediately enable two factor authentication (2FA) upon logging in. You may also voluntarily provide more comprehensive  identification details to further reduce the chances of your funds being compromised...

Part One

Understanding Bitcoin

Part Two

Part Three

A Brief History Of Bitcoin

Satoshi Nakamoto's First Post on Bitcointalk

Satoshi Nakamoto's Original Bitcoin Whitepaper

Abstract. A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution. Digital signatures provide part of the solution, but the main benefits are lost if a trusted third party is still required to prevent double-spending. We propose a solution to the double-spending problem using a peer-to-peer network. The network timestamps transactions by hashing them into an ongoing chain of hash-based proof-of-work, forming a record that cannot be changed without redoing the proof-of-work. The longest chain not only serves as proof of the sequence of events witnessed, but proof that it came from the largest pool of CPU power. As long as a majority of CPU power is controlled by nodes that are not cooperating to attack the network, they’ll generate the longest chain and outpace attackers. The network itself requires minimal structure. Messages are broadcast on a best effort basis, and nodes can leave and rejoin the network at will, accepting the longest proof-of-work chain as proof of what happened while they were gone.

Read the full whitepaper by Satoshi Nakamoto titled ‘Bitcoin: A Peer-to-Peer Electronic Cash System’ on bitcoin.org

Why Bitcoin Matters

BY MARC ANDREESSEN

JANUARY 21, 2014 11:54 AM

Read the full article at NYTimes

Index