But how does bitcoin actually work?

Why it was recommended

this video is the best explanation for how mining and blockchains work IMO

Strong recommendationgnarbarian · Original2017-11

What it covers

3Blue1Brown explains the math and mechanics behind Bitcoin visually: ledgers, digital signatures, proof of work and the blockchain, building up a decentralized payment system from first. It is for someone meeting the subject for the first time.

Video details

Channel

3Blue1Brown

Length

25 min 16 sec

Year

2017

More in this topic

• Behind the Scenes of iOS Security
• Why Electronic Voting Is Still A Bad Idea
• Diffie-Hellman Key Exchange
• BlackHat USA 2011: SSL And The Future Of Authenticity
• Blockchains Are a Bad Idea (James Mickens)
• Line Goes Up – The Problem With NFTs