But How Does Bitcoin Actually Work?

Published on

numen cyber focuses on Web3 Security and Threat Detection and Response. They provide industry-leading Web3 Security Solutions, which
can completely cover cybersecurity requirements of all kinds.

The math behind cryptocurrencies.

Help fund future projects: https://www.patreon.com/3blue1brown

An equally valuable form of support is to simply share some of the videos. Special thanks to these supporters: http://3b1b.co/btc-thanks

This video was also funded with help from Protocol Labs: https://protocol.ai/join/

ENS: 3b1b.eth 2^256 video: https://youtu.be/S9JGmA5_unY

Music by Vincent Rubinetti: https://soundcloud.com/vincerubinetti…

Here are a few other resources I’d recommend:

Original Bitcoin paper: https://bitcoin.org/bitcoin.pdf

Block explorer: https://blockexplorer.com/

Blog post by Michael Nielsen: https://goo.gl/BW1RV3 (This is particularly good for understanding the details of what transactions look like, which is something this video did not cover)

Video by CuriousInventor: https://youtu.be/Lx9zgZCMqXE

Video by Anders Brownworth: https://youtu.be/_160oMzblY8

Ethereum white paper: https://goo.gl/XXZddT

Image

Latest articles

SEC Takes First Enforcement Measure Against NFTs Regulatory Body Concludes Impact Theory’s NFTs Were Marketed as Unregistered Securities

U.S. regulatory authorities have mandated a Los Angeles company, which had previously issued non-fungible tokens (NFTs), to provide compensation to investors who had procured the aforementioned NFTs.

Binance Cuts Ties with Sanctioned Russian Banks Amid Regulatory Compliance Efforts

Binance has severed its affiliations with five Russian banks that were under sanctions, having been previously featured on the exchange's peer-to-peer platform for ruble fund transfers, the native currency of Russia.

Former OpenSea Employee Receives Three-Month Sentence in First NFT Insider Trading Lawsuit

A former employee of the NFT marketplace OpenSea has been sentenced to three months in prison on Tuesday in what federal prosecutors have characterized as the first case of insider trading involving digital tokens.

Crypto Market Takes a Dive, Bitcoin Slumps to Two-Month Low Amid Rate-Hike Concerns

In a dramatic turn of events on Thursday's early afternoon trading session, the cryptocurrency market witnessed a substantial downturn, plunging to its lowest point in two months.

More like this

WATCH: European Central Bank Unveils October Launch of CBDC in Alleged Prank Call

In a video that surfaced recently, ECB President Christine Lagarde announced that a decision on the issuance of a digital euro would be made in October.

Is MicroStrategy’s Bitcoin Obsession a Ticking Time Bomb for Investors?

While the company's bold moves have generated significant buzz, it's essential to examine the potential risks and weaknesses that may be lurking beneath the surface.

Bitcoin Price Struggles Under $30K

Bitcoin Faces Critical Test as Price Struggles to Surpass Resistance Levels