Bitcoin Tutorial - How does Cryptocurrency work

Channel:

Fullstack Academy

Subscribers:

58,000

Published on September 29, 2017 4:46:12 PM ● Video Link: https://www.youtube.com/watch?v=jJFCP2l3Wus

Category:

Tutorial

Duration: 8:20

1,206 views

4

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Bitcoin is a form of digital currency and digital payment system that operates without involving a third party broker. It uses encryption techniques to regulate the creation of units of currency and verify the transfer of funds. In this Bitcoin tutorial, we talk about the flow of Bitcoin - from the transaction on the user side to the data mining that happens behind the scenes.

Watch this video to learn:

- What makes a good cryptocurrency
- An introduction to the blockchain encryption method
- How cryptocurrency wallets work