Bitcoin

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

• Open Source Bitcoin Mining Rig

Useful Links

• Understanding Change Addresses - [1]
• Wikipedia Page on Bitcoin