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Everything about Bitcoin protocol
Rules governing the functioning of cryptocurrency
The bitcoin protocol is the set of rules that govern the functioning of bitcoin. Its key components and principles are: a peer-to-peer decentralized network with no central oversight; the blockchain technology, a public ledger that records all bitcoin transactions; mining and proof of work, the process to create new bitcoins and verify transactions; and cryptographic security. Wikipedia →
🧭 Start here: a 6-step reading path
- Read the overview: Bitcoin protocolA 5-minute orientation
- Skim a recent paper: SofitMix: A Secure Offchain-Supported Bitcoin-Compatible Mixing ProtocolInfluential work since 2022
- Pick up a classic book: BlockchainThe most-reprinted book on the subject
- Read the landmark paper: A fair protocol for data trading based on Bitcoin transactionsCited 79 times
- Go sideways: Proof of workA closely related topic
- Go sideways: Double-spendingA closely related topic
📖 Definitions
No dictionary entry for this exact phrase.
🗂️ The subject at a glance
🏆 Landmark papers (most cited)
A fair protocol for data trading based on Bitcoin transactions
The Bitcoin Backbone Protocol: Analysis and Applications
Hardening Stratum, the Bitcoin Pool Mining Protocol
Analysis of a Consensus Protocol for Extending Consistent Subchains on the Bitcoin Blockchain
Game-Theoretical Analysis of Mining Strategy for Bitcoin-NG Blockchain Protocol
Two-factor authentication for the Bitcoin protocol
Modeling and Verification of the Bitcoin Protocol
Practical Escrow Protocol for Bitcoin
🆕 Influential since 2022
SofitMix: A Secure Offchain-Supported Bitcoin-Compatible Mixing Protocol
A Private and Efficient Triple-Entry Accounting Protocol on Bitcoin
Security and performance evaluation of master node protocol based reputation blockchain in the bitcoin network
The Bitcoin protocol as a system of power
Examining the Writings of Satoshi Nakamoto: A Monetary Analysis of the Bitcoin Protocol
📚 Books worth reading
BlockchainMelanie Swan · 2015
The Blocksize WarJonathan Bier · 2021
Mastering the Lightning NetworkAndreas M. Antonopoulos, Olaoluwa Osuntokun · 2021- 📕Het Ontwerpen Van Het Bitcoin-ProtocolMiguel A. Muñoz · 2022
- 📕Understanding Bitcoin ProtocolPrecious Godson · 2018
- 📕Srv Itinerary Optimization and Av NavigationBryan Solstin · 2018
The Blockchain RevolutionDon Tapscott, Alex Tapscott · 2016
Blockchain revolutionDon Tapscott · 2016
Ranked by number of editions on Open Library, a rough measure of how lasting a book is.
🔗 Related topics
- Proof of work Proof of work (also written as proof-of-work, and abbreviated PoW) is a form of cryptographic proof in which one party (the prover) proves to others (the…
- Double-spending Double-spending is the unauthorized spending of the same money (either digital or conventional) more than once. As with counterfeit money, double-spending…
- Bitcoin scalability Bitcoin scalability refers to the capability of the Bitcoin network to handle large amounts of transaction data on its platform. Records (known as blocks)…
- Blockchain A blockchain is a distributed ledger with growing lists of records (blocks) that are securely linked together via cryptographic hashes. Each block contains…
- Distributed ledger A distributed ledger (also called a shared ledger or distributed ledger technology or DLT) is a system whereby replicated, shared, and synchronized digital…
- Cryptographic nonce In cryptography, a nonce is an arbitrary number that can be used just once in a cryptographic communication. It is often a random or pseudo-random number…
- Hedera (distributed ledger) Hedera Hashgraph, commonly known as Hedera, is a distributed ledger which uses a variant of proof of stake to reach consensus. The native cryptocurrency…
- Mining pool In the context of cryptocurrency mining, a mining pool is the pooling of resources by miners, who share their processing power over a network, to split…