CertiK Blog and News
Join Our Community Today!
How Bitcoin Works: Why is Bitcoin Worth Anything?
CertiK | Sept 16
Now that you have read the previous posts, you understand how Bitcoin works as a currency system created purely out of code. But you might still be wondering anyone considers this currency to have any value.
How Bitcoin Works: Hashing
CertiK | Sept 12
A hashing function is a function that can only be calculated in one direction — this singular flow is what gives the Blockchain world both clarity and safety.
How Bitcoin Works: Mining and Consensus
CertiK | Sept 10
Now we know how it is possible that only you can spend your own money. But — how is it possible that everyone can agree on what everyone else’s balance is — especially when there’s no central server to coordinate things?
How Bitcoin Works: Cryptographic Identity
CertiK | Sept 4
Previously, we discussed the basics of the Blockchain structure. Today, we’re going to tackle the tension of the system — how you can be safe and anonymous, yet transparent and clear.
How Bitcoin Works: The Purpose of Bitcoin
CertiK | Aug 29
Welcome to our new series: How Bitcoin Works. This series will go into sections including cryptography, mining and consensus, and hashing.