2. How Bitcoin Works: Exploring the Technology Behind it

In this series, I demystify the intricacies of Bitcoin. From its origin with Satoshi Nakamoto to the mechanics of blockchain technology, from mining processes to its economic implications, I break down everything you need to know.

Timestamps:
0:00 – Intro & Episode 2 scope (tech overview)
1:43 – The four pillars of Bitcoin (blockchain, cryptography, decentralization, mining)
2:16 – Blockchain: transparent, immutable ledger explained
9:42 – Cryptography: what it is & its role in Bitcoin
12:42 – Decentralization & the peer-to-peer network (nodes)
15:44 – Mining: PoW “lottery,” security, issuance, fees
20:13 – Recap of pillars, what’s next, closing remarks

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Instagram: @bitcoinadvisory

This content is for educational and/or entertainment purposes only.
The views expressed by Stephan Zimmermann and his guests are their own and do not constitute financial advice.

Nothing in the title, thumbnail, description, or video/audio is to be interpreted as investment, tax, or legal advice.

I am not a financial advisor and do not provide financial services as defined by MiCA or other financial regulations.