Category: bitcoin

Understanding How Bitcoin Works

Long time, no update. ūüôā It’s difficult to produce quality content, which is why I was very impressed with the person who made this particular video:     Understanding how Bitcoin works can be difficult, but this particular video is exceptional in breaking the concepts down and connecting them together. I consider it another “must-see”…

By Pavan Tumati September 28, 2013 Off

Pitfalls of Bitcoin Ownership: Disk Failure

I was in the middle of browsing the web when suddenly my system stopped responding to me. ¬†The mouse was still moving, but none of the windows were registering actions. ¬†My system froze and locked up on me. ¬† After cycling the power,¬†I noticed the kernel message log spewing out all kinds of errors related…

By Pavan Tumati April 24, 2013 Off

Merkle Trees

The paper detailing the mechanics of Bitcoin is a fascinating read. However, the technology involved requires several re-readings of the paper to make sense of what is going on. ¬†I’ve been attacking the concepts piece by piece as time permits. In particular, the Bitcoin paper’s comments regarding the use of the Merkle Tree caught my…

By Pavan Tumati April 16, 2013 Off

Cryptocoin Mining Information

While looking at merged mining[1] efforts in crypto-currencies, I stumbled across an interesting site:¬†http://dustcoin.com/mining The site is interesting, not only because it talks about merged mining, but because it lays out some of the variations between all of the crypto-currencies in relation to Bitcoin. [1] Regarding merged mining, I found a good explanation here, at¬†http://dot-bit.org/Merged_Mining:…

By Pavan Tumati April 10, 2013 Off