Notes on Cryptocurrency: Bitcoin

Cryptocurrency (wikipedia):

A cryptocurrency is a type of digital currency that relies on cryptography
Cryptocurrencies are peer-to-peer and decentralized, and are currently all based on the first cryptocurrency, Bitcoin.
Cryptocurrencies are designed to ensure that funds can neither be frozen nor seized.


SHA-256 based: Bitcoin, Namecoin, PPCoin, Terracoin
Scrypt based: Litecoin, Novacoin, Feathercoin

What is bitcoin

The following bitcoin infographic is a good overview presentation of a transaction.

bitcoin-infographic 5029189c9cbaf

Charts and information about bitcoin status

Tools to look transactions


Technical Details




News around bitcoin


Advice: There is risk of loosing your bitcoins, no matter if they are online or not. Even if the probability of this might be low, the impact might not be. Therefore keep or transact only amounts which you can afford to loose. (See threats section above for more details)

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