May 022013

Anyone new to Bitcoin would do well to read Alvaro Feito’s Big Book of Bitcoin after reviewing these Khan Academy videos.

Bitcoin – Overview

An introduction to the mechanics of bitcoins and an overview of how transactions take place.

Bitcoin – Cryptographic Hash Function

What cryptographic hash functions are and what properties are desired of them.

Bitcoin – Digital Signatures

A high-level explanation of digital signature schemes, which are a fundamental building block in many cryptographic protocols.

Bitcoin – Transaction Records

The basic mechanics of a bitcoin transaction between two parties and what is included within a given bitcoin transaction record.

Bitcoin – Proof of Work

An explanation of cryptographic proof-of-work protocols, which are used in various cryptographic applications and in bitcoin mining.

Bitcoin – Transaction Block Chains

Bitcoin – The Money Supply

The mechanisms by which the supply of bitcoins is controlled.