I (finally) read Bitcoins whitepaper today...
crypto·@whatamidoing·
0.000 HBDI (finally) read Bitcoins whitepaper today...
It was about 9 pages and I needed cliff notes to read it. I think with the cliff notes I understood about 60% of it. It cleared up a few questions and provoked a few more. It made me realize just how little I know about both technology and economics. Some of you guys really know your stuff!  [image link](https://images.pexels.com/photos/315785/pexels-photo-315785.jpeg?dl&fit=crop&w=640&h=439) The main takeaway is that I know understand what a proof-of-work is - a computer solves a puzzle and we know the coin is legit. Now to learn what all the other proof-of’s are. It also helped me to understand why bitcoin became such a big thing in the circles that it did and a little more about the mindset of the crypto scene. It was also interesting to imagine talking about blockchain when it was the only one around. I still don’t really understand how coins and blocks interact with each other, how many transactions fit on one block, what happens if you are the first or last transaction on a block, or how bitcoins first started being traded, like if you wanted to buy a btc before these markets were around, how did you do it, and where did that coin come from? Did the miner sell it or was it generated somehow from somewhere? ### Tomorrow I’ll try to (finally) read the Steem whitepaper. That’s 35 F-ing pages, I sure hope it’s easier to understand. —- Too much crypto excitement today. I don’t really have the concentration tovwrite about anything else. I did pretty well with Tron and Enjin. I didn’t have much invested cause I barely had anything to invest, but it felt good to hold twocof the biggest movers today. I moved my gains in Tron to bitshares and iota, but I hope to move them back when the price drops. I kept Enjin where it is. What do you think of this move? Hopefully I’ll be back to creativity and steeming tomorrow! —- ---  ### Join the "Be Awesome" community The Be Awesome discord chat, was created with the intention of making deeper connections with fellow steemians. Come talk about "deep shit" and make friends. ### I’m also a language learning coach. [Come find me if you need help learning a language.](https://steemit.com/language/@whatamidoing/pay-what-you-want-in-crypto-language-learning-coach) ## [Be Awesome discord channel](https://discord.gg/BzJXrcQ) ### [Confessions of the Damaged](https://www.patreon.com/thetree123) - a collection of short stories —-  by @skyleap