Bitcoin
vs
bitcoin
Bitcoin nodes
https://getaddr.bitnodes.io/
Proof of work
confirmations
Bitcoin block
transaction,transaction,transaction…
Bitcoin block
transaction,transaction,transaction…
Bitcoin block
transaction,transaction,transaction…
10 minutes 10 minutes
bitcoin creation
Determining value?
Typical early bitcoin adopter• altruism• crypto• security
Geeks
• Against the FED• Hard money
Libertarians
• Deep web• Silk road
Pseudonymous transactions
• Remittances• Microtransactions
People wanting to save on fees
Bitcoin Ecosystem
Exchanges• USD to
bitcoin
Payment Processors
• bitcoin to USD
Miners• bitcoin
creation
Business accepting
BTC as payment
Regulation
• Federal vs State • FINCEN• IRS
Blockchain development
• M of N transactions• Smart contracts • MaidSafe• Colored Coins
♫ you say you want a revolution.. ♫
Resources
Satoshi’s white paperBitcoin.orgReddit.com/r/bitcoinBitcointalk.org
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