by 
How Bitcoin Works Under The Hood
A somewhat technical explanation of how Bitcoin works. Want more? Check out my new in-depth course on the latest in Bitcoin, Blockchain, and a survey of the most exciting projects coming out (Ethereum, etc):
Lots of demos on how to buy, send, store (hardware, paper wallet). how to use javascript to send bitcoin. How to create Ethereum Smart Contract, much more.
Shorter 5 min introduction:
Written version:
My Bitcoin address: 13v8NB9ScRa21JDi86GmnZ5d8Z4CjhZMEd
Arabic translation by Ahmad Alloush
Spanish caption translation by Borja Rodrigo, zordycorak@gmail.com, DFJWgXdBCoQqo4noF4fyVhVp8R6V62XdJx
Russian caption translation by Alexandra Miklyukova
Italian voice over:
Italian captions translated by Simone Falcini, 1H5KdCnBooxfqpXtyQBBAKKRU7MkCZCVCe
Well done!!
This seems more complicated than real money
This is by far THE best explanation of how blockchain and bitcoin work. Thank you!
17:00 the system is vulnerable to humans getting smarter and maybe building a quantum computer
yo this shit is harder then calculus..
Its easy for the bankster and central banks to bring down bitcion to it’s knees and outout business. IRS and Banks will treat bitccoin as an investment and will tax the hell out of it and they can also regulate bitcoin and other crypto currencies out of business. for bitcoins to work somewhat they will have to buy or own mastercard , visa or capital 1. american express. the creator of bitcoin is just like another pyramyd scheme
Brilliant Work , Thanks for sharing this information.
Just a small nitpicky note: Addresses in Bitcoin are not exactly the public key. They are hashes of the public key of an address in base58
After watching some awful videos that claimed to demystify Blockchain, i am happy to come across yours. Thank you!
Fantastic work! Dragon Mining recognizes this as a useful and informative video. 20 minutes worth watching if you’re looking for an easy to understand technical explanation of how Bitcoin works.
amazing video. very descriptive. The other several videos i saw , gave me more questions , while all answering same questions . Thank you
This video is amazing. It answered so many of questions and provides a understandable yet in depth explain of bitcoin. Thank you for this awesome video.
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excellent explanation! big thanks!
Fucking pharma ads for adhd…
NO ONE TALKS ABOUT WHAT AND WHERE THIS “BITCOIN NETWORK / DATABASE ” IS ??? where is it ???????
Excellent ! Thank you!
or just use normal money or paypal. its like a payment system for people of the basement haha.. too complicated for my ass.
excellent explanation! and probably ahead of it’s time ! Without all the fanboy hype about how *revolutionary* and disruptive (-_-) this technology is.
Thanks. Nice tutorial
fantastic work
you’re the first person to have explained such a complex system in such a simple way .. thankyou for this vid !
Typo in slide heading: “Cyrpto” should be “Crypto” circa timestamp 15:00/22:24
with all the math involved I think it’s evident that an American did not make bitcoin
Would the successful invention of quantum computing become problematic to bitcoin security?
Thank you. That was very useful.
I’m still confused but more informed than before lol Thank you for the great, detailed break down!
messages won’t affect ledgers if the message is sent by the receiver of the money right?