Bitcoin: Difference between revisions
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=Basics= | |||
*The First Decentralized Cryptocurrency | |||
*May not be the best, but it is widely in use compared to other cryptocurrencies | |||
*Part of the [[Open Source Currency Construction Set]] | |||
<html><iframe width="560" height="315" src="https://www.youtube.com/embed/T2zH-T_hmLs" frameborder="0" allow="autoplay; encrypted-media" allowfullscreen></iframe></html> | <html><iframe width="560" height="315" src="https://www.youtube.com/embed/T2zH-T_hmLs" frameborder="0" allow="autoplay; encrypted-media" allowfullscreen></iframe></html> | ||
=Notes= | =Notes= | ||
*The wallet is a public-private key pair | *The wallet is a public-private key pair | ||
*Hardware wallet or paper copy is safest - ledger nano s, or https://trezor.io/ | *Hardware wallet or paper copy is safest - ledger nano s, or https://trezor.io/ | ||
*The hardware wallet should have a display. The display is used to generate your key pair if you lose - you can recreate your key pair by 20 words that you write down or remember. | *The hardware wallet should have a display. The display is used to generate your key pair if you lose - you can recreate your key pair by 20 words that you write down or remember. | ||
*Exchanges typically store your private key. | *Exchanges typically store your private key. | ||
*Private key is what is used to access your wallet | *Private key is what is used to access your wallet | ||
*Miners - ant miners pay for themselves in a few month. | *Miners - ant miners pay for themselves in a few month. | ||
=See Also= | =See Also= | ||
*[[Open Source Bitcoin Mining Rig]] | *[[Open Source Bitcoin Mining Rig]] | ||
=Useful Links= | =Useful Links= | ||
*[https://en.wikipedia.org/wiki/Bitcoin Wikipedia Page on Bitcoin] | *[https://en.wikipedia.org/wiki/Bitcoin Wikipedia Page on Bitcoin] | ||
Revision as of 05:02, 10 January 2018
Basics
- The First Decentralized Cryptocurrency
- May not be the best, but it is widely in use compared to other cryptocurrencies
- Part of the Open Source Currency Construction Set
Notes
- The wallet is a public-private key pair
- Hardware wallet or paper copy is safest - ledger nano s, or https://trezor.io/
- The hardware wallet should have a display. The display is used to generate your key pair if you lose - you can recreate your key pair by 20 words that you write down or remember.
- Exchanges typically store your private key.
- Private key is what is used to access your wallet
- Miners - ant miners pay for themselves in a few month.
See Also