About a year ago when the Bitcoin train was just starting to gather steam, a friend turned to me and asked, “So why can’t you just copy a Bitcoin?” This is a confusion that a lot of people have, and a fair one: the notion of a digital entity that can’t be easily copied is entirely unintuitive. In fact, the Bitcoin network is one of the coolest, and least understood technology in the popular consciousness right now. That’s a shame, because the underlying mechanics of Bitcoin is really pretty straightforward. You don’t even need any particularly hard math, if you’re...
Read the full article: How Does Bitcoin Work?
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