Re:The Big Book of Bitcoin - An introduction
by jstalin on Friday March 22, 2013 @10:12AM
(#5422972)
Does anyone know of an explanation of the bitcoin protocol in plain English? I'm a non-math guy who's trying to write a legal treatise on the use of bitcoin, and I'd like to give some background on how it works to my readers. Can anyone help?
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Have you tried just the original white paper? You can understand without understanding the underlying algos. bitcoin.org/bitcoin.pdf
Re:The Big Book of Bitcoin - An introduction
by jstalin on Friday March 22, 2013 @12:43PM
(#5424022)
I have, but it doesn't seem to discuss how mining works, for instance.
but it does, check it again: 4. Proof-of-Work
Yes. 4. Proof-of-work combined with 6. Incentive
Re:The Big Book of Bitcoin - An introduction
by adventureloop on Friday March 22, 2013 @10:22AM
(#5423047)
The Security Now episode on bitcoin was quite good. Steve Gibson also provides transcriptions of all of this episodes.
Re:The Big Book of Bitcoin - An introduction
by dmiladinov on Friday March 22, 2013 @12:00PM
(#5423753)
You can find the transcripts on his site here: http://www.grc.com/sn/past/2011.htm , scroll down to find episode #287.
Direct links to them for your convenience:
Html transcript here: http://www.grc.com/sn/sn-287.htm
Text transcript here: http://www.grc.com/sn/sn-287.txt
Pdf transcript here: http://www.grc.com/sn/sn-287.pdf [pdf]
Re:The Big Book of Bitcoin - An introduction
by drcross on Friday March 22, 2013 @12:27PM
(#5423930)
There's a small bit of irony when a legal student is asking for an explanation of maths in plain language. Sorry if I sound a little jaded.
Re:The Big Book of Bitcoin - An introduction
by jstalin on Friday March 22, 2013 @12:39PM
(#5423996)
Thanks. I'm not a legal student, I'm an attorney doing some research on the issue. I was just looking for some help understanding the more difficult math concepts. Sorry that I don't live up to your standards.
I think the irony was that legal documents are notoriously difficult to understand.
Re:The Big Book of Bitcoin - An introduction
by erikpukinskis on Friday March 22, 2013 @12:46PM
(#5424038)
I wrote a explanation in lay terms on my blog a while ago: