In Block008 of The Bitcoin Journey, Tim & CJ discuss the Bitcoin Whitepaper by Satoshi Nakamoto, the paper which started it all! Covering what bitcoin is, how proof-of-work works, and privacy, this discussion delves into the baiscs of bitcoin and what things have changed since the release of the whitepaper.
The discuss:
- Proof-of-work, why it's superior to proof-of-stake, how bitcoin implemented it in a way that hadn't be done before.
- how digital signatures facilitate peer2peer transactions.
- How consensus is reached and how the bitcoin timechain is formed.
Revisiting the whitepaper with the benefit of hindsight makes for an interesting discussion. You can find links to the whitepaper, and how to download it, below:
The Whitepaper
According to @lopp, you can download the whitepaper from you bitcoin node using the command below:
bitcoin-cli getblock 00000000000000ecbbff6bafb7efa2f7df05b227d5c73dca8f2635af32a2e949 0 | tail -c+92167 | for ((o=0;o bitcoin.pdf
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We will be releasing regular episodes discussing the best bitcoin related articles, news, and technology.
Follow the hosts on Twitter:
CJ @CharlieJBitcoin
Tim @BitcoinTimO
Podcast @BTCJourneyPod
http://thebitcoinjourney.org
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