From c7139061f896e521726b26ad44992ddcbfec0d02 Mon Sep 17 00:00:00 2001 From: "Andreas M. Antonopoulos" Date: Mon, 29 Jul 2013 16:12:02 -0700 Subject: [PATCH] test para --- ch00.asciidoc | 15 +++++++++++++++ 1 file changed, 15 insertions(+) diff --git a/ch00.asciidoc b/ch00.asciidoc index 83e19d74..af971585 100644 --- a/ch00.asciidoc +++ b/ch00.asciidoc @@ -3,10 +3,25 @@ === What is Bitcoin? +Bitcoin is digital money, a currency for and of the Internet. It is not owned or controlled by any company, group or country. It exists as a set of standards and reference software and as a running network with several thousand nodes worldwide. Behind the scenes, bitcoin is a network, a protocol, a standard and a currency. For now think of it simply as digital money that can be sent, received and stored by anyone, worldwide simply by downloading compatible software and joining a network. + + +Under the hood, bitcoin is the culmination of decades of research in cryptography and distributed systems and represents four key innovations brought together in a unique and powerful combination. Bitcoin consists of a de-centralized peer-to-peer network, a public transaction ledger, a de-centralized mathematical and deterministic currency issuance, a de-centralized transaction verification system and a set of powerful APIs. All of these are "bitcoin", and each of these aspects of bitcoin will be examined in this book. + +More than all of these parts, bitcoin is a digital economy platform, just like the Internet is a digital communications platform. With bitcoin, it is possible to build entire new financial systems, transaction types and economies on top of a purely digital, instantaneous and frictionless platform, an Internet for money. + ==== A currency + + + ==== A network and protocol + ==== A distributed ledger + +==== Proof of work and distributed issuance (mining) + ==== A transaction language + ==== An API === Getting Bitcoin