SilasBarta comments on General Bitcoin discussion thread (June 2011) - Less Wrong Discussion
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Comments (102)
re-requisites -> pre- ?
I skimmed it and nothing jumped out at me. I understand public key crypto.
Your blog post made me think an explanation of bitcoin mining and transfer would occur. It never did. There was this:
... which isn't a very complete. The only thing I learned (I know nothing about Bitcoin mining or transaction protocols) is that apparently lots of nodes end up knowing about every transaction (paying attention only to transactions moving a particular coin that are signed by its last known owner).
So, I gather your explanation of Bitcoin is yet to be written.
Update: I've attempted a more "big picture" summary of how Bitcoin works as a whole, rather than just the prerequisites.
I'm interested in hearing comments about clarity or accuracy.
It's new info for me, so I can only hope it's accurate.
It's a good explanation. I'd know where to mount further details if I wanted to find them.
Thanks, glad it provides some of the clarity you were looking for.