How Bitcoin Works
A semi-technical, yet accessible report about how Bitcoin Works, including hashing functions, digital signatures, nodes and miners, consensus, blockchain structure, and more.
What can you expect from the report?
More Than Just Electronic Cash
What is Bitcoin?
Explore the history of Bitcoin, the anatomy of a transaction, and what the technology enables from a high level.
| Bitcoin Properties | Bitcoin Properties |
| Trustless | Open Source |
| Censorship Resistant | Pseudonymous |
| Immutuable | Scarce |
| Store of Value | Ownership |
| Payments | Governance |
| Record of Account | Decentralized Computation |
| Identity | Many More |
Hashing Functions Abound
Delve into hashing functions, the security properties they enable, and how they are used throughout Bitcoin and blockchain technology.
Try it out!
All About Digital Signatures
Examine symmetric and public key cryptography, and dive deep into Bitcoin’s ECDSA digital signature algorithm, enabling only the private key holder to verifiably sign transactions.
Blockchain Structure
Discover how transactions and blocks are organized and linked in the blockchain to make Bitcoin the most secure database in history.
