Summary

This chapter introduced bitcoin and related concepts. It started with some history and basic definitions related to bitcoin. Concepts such as keys and addresses along with public keys and private keys were introduced. How transactions work in the bitcoin network (and related concepts such as scripts, Opcodes, and types of transactions) were also discussed. Moreover, blockchain, which underpins the bitcoin network, was also introduced. Along with that, related concepts such as mining, proof of work, mining systems, and wallets were presented. Finally, some practical information regarding setting up bitcoin clients, the usage of bitcoin-cli, and an introduction to different bitcoin networks was also provided. In the next chapter, alternative ...

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