Asymmetric Encryption – Simply explained
Encryption is the process of taking a message and scrambling it's contents so that only certain people can look at your message. There are two types of encryption: symmetric and…
[CS198.1x Week 1] Bitcoin Review
Let's go over what we talked about in lecture. First, we talked about the concept of identity on the Bitcoin network. In Bitcoin, each node’s identity is represented by their…
How Does Bitcoin Work? Simple and Precise Explanation
What if I told you that Bitcoin doesn't work like money? Bitcoin is just transactions. Suppose that Alice, Bob, and Doge each possess 1 bitcoin. They have one piece of…