Bitcoin 101: Understanding the Real Value of the Blockchain

By November 2, 2014Bitcoin Business

SHA256 ALGORITHM HASHRATE: 276.9 Ph/s One of the biggest challenges the Bitcoin community faces is figuring out how to educate people on why this is such a special invention. Part currency, part decentralized public ledger, part payment network, it’s easy to confuse newcomers when they start asking questions about how it all works.

A beautifully animated new video entitled Bitcoin Properly seeks to ease this frustration. The result of a collaboration between designers Patrick Loonstra […]

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