Bitcoin meetup in Dublin
Greg Foss is the headline Speaker Presentations, demonstrations, panels, Q&A's Banking Crisis & Bitcoin - Greg Foss via Zoom The World On A Bitcoin Standard - Charlie Stevens & Richard…
Irish attitudes to cryptocurrencies shifting ‘from suspicion to curiosity’
more than 180,000 people have at some stage in recent years traded or used Bitcoin, the most popular cryptocurrency
Satoshi White Paper #12. Conclusion explained.
In essence, the proposed system for electronic transactions operates without the need for a trusted third party.
Satoshi White Paper #11. Calculations explained.
Bitcoin transactions are grouped into blocks, which are linked together in a chain.
Satoshi White Paper #10. Privacy explained.
Instead, privacy is maintained by keeping public keys anonymous.
Satoshi White Paper #9. Combining and Splitting Value
In the Bitcoin system, transactions involve transferring coins from one party to another.
Satoshi White Paper #8. Simplified Payment Verification
When you make a payment, other people on the network need to verify that the payment is valid.
Satoshi White Paper #7. Reclaiming Disk Space explained.
This allows old blocks to be compacted by cutting off branches of the tree, and the interior hashes don't need to be stored.
Satoshi White Paper #6. Incentive explained.
This reward is like gold miners using resources to add gold to circulation, but in this case, it's CPU time and electricity being used.
Satoshi White Paper #5. Network explained.
In this way, a chain of blocks is created, with each block representing a set of transactions that have been verified and accepted by the network.