Bitcoin —> #BetOnMath

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#BetOnMath is a simple reference that sound math & cryptography protects the Bitcoin protocol. If you believe in math, then Bitcoin is true.

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Technology History

““In Bitcoin the Sats all add up” #BetOnMath
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— Bitcoin Technology & Software Implementation, Bitcoin Education, Bitcoin Wallet Security, Mining, Nodes and Lightning Network Implementaions
“CNC Diagnostics & 3D Printing”
— Instalation, Setup, Programming, Problem Solving & Repair
“Business Computer Systems
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— Security, Productivity, Backup, Recovery, Encryption and Problem Solving
“Composite MFG & Design - Energy
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— Microwave Sintering of Ceramics, Advanced Composites and Metals - Proppants - SiC - Renewable Energies

What is Bitcoin?

That is a great question, but basically Bitcoin is the early and most interesting usage of blockchain technology to date in the open source free web world.  It is run by a large amount of servers (nodes) worldwide who verify network transactions.  This is a distributed & decentralized network, you can download the Bitcoin Core software here:   There is no central office of control, it's only Yes or No verification is based on math.  IF the math adds up, the transaction goes, if not it is rejected.  Simple huhhh?  We'll there's a lot more!!!

Blockchain on the other hand is THE technology every major corporation is talking about, but implementation has been slow mainly due to the fast speed of the evolution of the technology itself, imho.  Lots of use cases are being explored.  Ethereum's blockchain is another network to look at for dapps - aka Digital Applications - like smart contracts, digital title (proof) of land or real estate, insurance verification, 3d printing verification, logistics a nd shipping,  etc, etc.  The list is long and wide as several new networks are launching as well.  Security Tokens is also a new buzz word to follow --- Fact is the market is growing much like the internet days of the early & mid 1990's.

Below are a group of videos that will help you grasp how and what Bitcoin and the blockchain technology mean going forward for you at work and at everyday life in this new digital revolution:

Goldman Sachs -- Balaji Srinivasan, CEO of 21 Inc., and board partner at Andreessen Horowitz, along with Jerry Brito, executive director of Coin Center, which focuses on public policy issues for digital currency, discussed the evolution of Bitcoin and its long-term potential. Learn more:  http://link.gs.com/3pt2  (14min)

A brief intro to the main ideas behind How Bitcoin Works, including how money is transferred, who keeps track of it, and how the whole thing is secured. (5min)

 

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