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 --- A GOPHER-LIKE INTERFACE FOR HIVE BLOCKCHAIN ---

How Bitcoin Works in 5 Minutes (Technical)

BY: @randy.au48 | CREATED: March 20, 2018, 4:41 a.m. | VOTES: 2 | PAYOUT: $0.00 | [ VOTE ]

How Bitcoin Works in 5 Minutes (Technical) - A transaction is a transfer of value between Bitcoin wallets that gets included in the block chain. Bitcoin wallets keep a secret piece of data called a private key or seed, which is used to sign transactions, providing a mathematical proof that they have come from the owner of the wallet.

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TAGS: [ #bitcoin ] [ #howitworks ] [ #explaininsimple ] [ #best ] [ #dtube ]

Replies

@ipostbtcprice | March 20, 2018, 4:42 a.m. | Votes: 0 | [ VOTE ]

For future viewers: price of bitcoin at the moment of posting is 8534.00USD

@randy.au48 | March 20, 2018, 10:13 a.m. | Votes: 0 | [ VOTE ]

Yes, But it will drop to around 5000 USD in near future,

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