{"id":12861,"date":"2017-01-07T06:10:02","date_gmt":"2017-01-07T11:10:02","guid":{"rendered":"http:\/\/wavechronicle.com\/wave\/?p=12861"},"modified":"2016-12-29T20:51:52","modified_gmt":"2016-12-30T01:51:52","slug":"bitcoin-how-cryptocurrencies-work","status":"publish","type":"post","link":"http:\/\/wavechronicle.com\/wave\/?p=12861","title":{"rendered":"Bitcoin: How Cryptocurrencies Work"},"content":{"rendered":"<p>Whether or not it&#8217;s worth investing in, the math behind Bitcoin is an elegant solution to some complex problems.<\/p>\n<p><iframe loading=\"lazy\" src=\"https:\/\/www.youtube.com\/embed\/kubGCSj5y3k\" width=\"640\" height=\"360\" frameborder=\"0\" allowfullscreen=\"allowfullscreen\"><\/iframe><\/p>\n<p>Hosted by: Michael Aranda<\/p>\n<p>Special Thanks: Dalton Hubble<\/p>\n<p>Learn more about Cryptography:<span class=\"Apple-converted-space\">\u00a0<\/span><a class=\" yt-uix-sessionlink \" href=\"https:\/\/www.youtube.com\/watch?v=-yFZGF8FHSg\" data-url=\"https:\/\/www.youtube.com\/watch?v=-yFZGF8FHSg\" data-sessionlink=\"itct=CDEQ6TgiEwjigdCYxprRAhVim5wKHftZC6Ao-B0\">https:\/\/www.youtube.com\/watch?v=-yFZG&#8230;<\/a><br \/>\n&#8212;&#8212;&#8212;-<br \/>\nSupport SciShow by becoming a patron on Patreon:<span class=\"Apple-converted-space\">\u00a0<\/span><a class=\" yt-uix-servicelink \" href=\"https:\/\/www.patreon.com\/scishow\" target=\"_blank\" rel=\"nofollow\" data-servicelink=\"CDEQ6TgiEwjigdCYxprRAhVim5wKHftZC6Ao-B0\" data-target-new-window=\"True\" data-url=\"https:\/\/www.patreon.com\/scishow\">https:\/\/www.patreon.com\/scishow<\/a><br \/>\n&#8212;&#8212;&#8212;-<br \/>\nDooblydoo thanks go to the following Patreon supporters\u2014we couldn&#8217;t make SciShow without them! Shout out to Bella Nash, Kevin Bealer, Mark Terrio-Cameron, Patrick Merrithew, Charles Southerland, Fatima Iqbal, Benny, Kyle Anderson, Tim Curwick, Will and Sonja Marple, Philippe von Bergen, Bryce Daifuku, Chris Peters, Patrick D. Ashmore, Charles George, Bader AlGhamdi<br \/>\n&#8212;&#8212;&#8212;-<br \/>\nLike SciShow? Want to help support us, and also get things to put on your walls, cover your torso and hold your liquids? Check out our awesome products over at DFTBA Records:<span class=\"Apple-converted-space\">\u00a0<\/span><a class=\" yt-uix-servicelink \" href=\"http:\/\/dftba.com\/scishow\" target=\"_blank\" rel=\"nofollow\" data-servicelink=\"CDEQ6TgiEwjigdCYxprRAhVim5wKHftZC6Ao-B0\" data-target-new-window=\"True\" data-url=\"http:\/\/dftba.com\/scishow\">http:\/\/dftba.com\/scishow<\/a><br \/>\n&#8212;&#8212;&#8212;-<br \/>\nLooking for SciShow elsewhere on the internet?<br \/>\nFacebook:<span class=\"Apple-converted-space\">\u00a0<\/span><a class=\" yt-uix-servicelink \" href=\"http:\/\/www.facebook.com\/scishow\" target=\"_blank\" rel=\"nofollow\" data-servicelink=\"CDEQ6TgiEwjigdCYxprRAhVim5wKHftZC6Ao-B0\" data-target-new-window=\"True\" data-url=\"http:\/\/www.facebook.com\/scishow\">http:\/\/www.facebook.com\/scishow<\/a><br \/>\nTwitter:<span class=\"Apple-converted-space\">\u00a0<\/span><a class=\" yt-uix-servicelink \" href=\"http:\/\/www.twitter.com\/scishow\" target=\"_blank\" rel=\"nofollow\" data-servicelink=\"CDEQ6TgiEwjigdCYxprRAhVim5wKHftZC6Ao-B0\" data-target-new-window=\"True\" data-url=\"http:\/\/www.twitter.com\/scishow\">http:\/\/www.twitter.com\/scishow<\/a><br \/>\nTumblr:<span class=\"Apple-converted-space\">\u00a0<\/span><a class=\" yt-uix-servicelink \" href=\"http:\/\/scishow.tumblr.com\/\" target=\"_blank\" rel=\"nofollow\" data-servicelink=\"CDEQ6TgiEwjigdCYxprRAhVim5wKHftZC6Ao-B0\" data-target-new-window=\"True\" data-url=\"http:\/\/scishow.tumblr.com\">http:\/\/scishow.tumblr.com<\/a><br \/>\nInstagram:<span class=\"Apple-converted-space\">\u00a0<\/span><a class=\" yt-uix-servicelink \" href=\"http:\/\/instagram.com\/thescishow\" target=\"_blank\" rel=\"nofollow\" data-servicelink=\"CDEQ6TgiEwjigdCYxprRAhVim5wKHftZC6Ao-B0\" data-target-new-window=\"True\" data-url=\"http:\/\/instagram.com\/thescishow\">http:\/\/instagram.com\/thescishow<\/a><br \/>\n&#8212;&#8212;&#8212;-<br \/>\nSources:<br \/>\n<a class=\" yt-uix-servicelink \" href=\"https:\/\/bitinfocharts.com\/\" target=\"_blank\" rel=\"nofollow\" data-servicelink=\"CDEQ6TgiEwjigdCYxprRAhVim5wKHftZC6Ao-B0\" data-target-new-window=\"True\" data-url=\"https:\/\/bitinfocharts.com\/\">https:\/\/bitinfocharts.com\/<\/a><span class=\"Apple-converted-space\">\u00a0<\/span><br \/>\n<a class=\" yt-uix-servicelink \" href=\"https:\/\/chrispacia.wordpress.com\/2013\/09\/02\/bitcoin-mining-explained-like-youre-five-part-2-mechanics\/\" target=\"_blank\" rel=\"nofollow\" data-servicelink=\"CDEQ6TgiEwjigdCYxprRAhVim5wKHftZC6Ao-B0\" data-target-new-window=\"True\" data-url=\"https:\/\/chrispacia.wordpress.com\/2013\/09\/02\/bitcoin-mining-explained-like-youre-five-part-2-mechanics\/\">https:\/\/chrispacia.wordpress.com\/2013&#8230;<\/a><br \/>\n<a class=\" yt-uix-sessionlink \" href=\"https:\/\/www.youtube.com\/watch?v=Lx9zgZCMqXE\" data-url=\"https:\/\/www.youtube.com\/watch?v=Lx9zgZCMqXE\" data-sessionlink=\"itct=CDEQ6TgiEwjigdCYxprRAhVim5wKHftZC6Ao-B0\">https:\/\/www.youtube.com\/watch?v=Lx9zg&#8230;<\/a><br \/>\n<a class=\" yt-uix-sessionlink \" href=\"https:\/\/www.youtube.com\/watch?v=nQZUi24TrdI\" data-url=\"https:\/\/www.youtube.com\/watch?v=nQZUi24TrdI\" data-sessionlink=\"itct=CDEQ6TgiEwjigdCYxprRAhVim5wKHftZC6Ao-B0\">https:\/\/www.youtube.com\/watch?v=nQZUi&#8230;<\/a><br \/>\n<a class=\" yt-uix-servicelink \" href=\"https:\/\/bitcoin.org\/en\/how-it-works\" target=\"_blank\" rel=\"nofollow\" data-servicelink=\"CDEQ6TgiEwjigdCYxprRAhVim5wKHftZC6Ao-B0\" data-target-new-window=\"True\" data-url=\"https:\/\/bitcoin.org\/en\/how-it-works\">https:\/\/bitcoin.org\/en\/how-it-works<\/a><br \/>\n<a class=\" yt-uix-servicelink \" href=\"http:\/\/www.forbes.com\/sites\/investopedia\/2013\/08\/01\/how-bitcoin-works\/#36bd8b2d25ee\" target=\"_blank\" rel=\"nofollow\" data-servicelink=\"CDEQ6TgiEwjigdCYxprRAhVim5wKHftZC6Ao-B0\" data-target-new-window=\"True\" data-url=\"http:\/\/www.forbes.com\/sites\/investopedia\/2013\/08\/01\/how-bitcoin-works\/#36bd8b2d25ee\">http:\/\/www.forbes.com\/sites\/investope&#8230;<\/a><br \/>\n<a class=\" yt-uix-servicelink \" href=\"http:\/\/www.makeuseof.com\/tag\/how-does-bitcoin-work\/\" target=\"_blank\" rel=\"nofollow\" data-servicelink=\"CDEQ6TgiEwjigdCYxprRAhVim5wKHftZC6Ao-B0\" data-target-new-window=\"True\" data-url=\"http:\/\/www.makeuseof.com\/tag\/how-does-bitcoin-work\/\">http:\/\/www.makeuseof.com\/tag\/how-does&#8230;<\/a><br \/>\n<a class=\" yt-uix-servicelink \" href=\"https:\/\/blockchain.info\/charts\/total-bitcoins\" target=\"_blank\" rel=\"nofollow\" data-servicelink=\"CDEQ6TgiEwjigdCYxprRAhVim5wKHftZC6Ao-B0\" data-target-new-window=\"True\" data-url=\"https:\/\/blockchain.info\/charts\/total-bitcoins\">https:\/\/blockchain.info\/charts\/total-&#8230;<\/a><br \/>\n<a class=\" yt-uix-servicelink \" href=\"https:\/\/en.bitcoin.it\/wiki\/Controlled_supply\" target=\"_blank\" rel=\"nofollow\" data-servicelink=\"CDEQ6TgiEwjigdCYxprRAhVim5wKHftZC6Ao-B0\" data-target-new-window=\"True\" data-url=\"https:\/\/en.bitcoin.it\/wiki\/Controlled_supply\">https:\/\/en.bitcoin.it\/wiki\/Controlled&#8230;<\/a><br \/>\n<a class=\" yt-uix-servicelink \" href=\"https:\/\/www.bitcoinmining.com\/\" target=\"_blank\" rel=\"nofollow\" data-servicelink=\"CDEQ6TgiEwjigdCYxprRAhVim5wKHftZC6Ao-B0\" data-target-new-window=\"True\" data-url=\"https:\/\/www.bitcoinmining.com\/\">https:\/\/www.bitcoinmining.com\/<\/a><br \/>\n<a class=\" yt-uix-servicelink \" href=\"http:\/\/bitamplify.com\/mobile\/?a=news\" target=\"_blank\" rel=\"nofollow\" data-servicelink=\"CDEQ6TgiEwjigdCYxprRAhVim5wKHftZC6Ao-B0\" data-target-new-window=\"True\" data-url=\"http:\/\/bitamplify.com\/mobile\/?a=news\">http:\/\/bitamplify.com\/mobile\/?a=news<\/a><span class=\"Apple-converted-space\">\u00a0<\/span><\/p>\n<p>Image Sources:<br \/>\n<a class=\" yt-uix-servicelink \" href=\"https:\/\/commons.wikimedia.org\/wiki\/File:Cryptocurrency_Mining_Farm.jpg\" target=\"_blank\" rel=\"nofollow\" data-servicelink=\"CDEQ6TgiEwjigdCYxprRAhVim5wKHftZC6Ao-B0\" data-target-new-window=\"True\" data-url=\"https:\/\/commons.wikimedia.org\/wiki\/File:Cryptocurrency_Mining_Farm.jpg\">https:\/\/commons.wikimedia.org\/wiki\/Fi&#8230;<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Whether or not it&#8217;s worth investing in, the math behind Bitcoin is an elegant solution to some complex problems. Hosted by: Michael Aranda Special Thanks: Dalton Hubble Learn more about Cryptography:\u00a0https:\/\/www.youtube.com\/watch?v=-yFZG&#8230; &#8212;&#8212;&#8212;- Support SciShow by becoming a patron on Patreon:\u00a0https:\/\/www.patreon.com\/scishow &#8212;&#8212;&#8212;- Dooblydoo thanks go to the following Patreon supporters\u2014we couldn&#8217;t make SciShow without them! Shout out to Bella Nash, Kevin Bealer, Mark Terrio-Cameron, Patrick Merrithew, Charles Southerland, Fatima Iqbal, Benny, Kyle Anderson, Tim Curwick, Will and Sonja Marple, Philippe von Bergen, Bryce Daifuku, Chris Peters, Patrick D. Ashmore, Charles George, Bader AlGhamdi &#8212;&#8212;&#8212;- Like SciShow? Want to help support us, and also get things to put on your walls, cover your torso and hold your liquids? Check out our awesome products over at DFTBA Records:\u00a0http:\/\/dftba.com\/scishow &#8212;&#8212;&#8212;- Looking for SciShow elsewhere on the internet? Facebook:\u00a0http:\/\/www.facebook.com\/scishow Twitter:\u00a0http:\/\/www.twitter.com\/scishow Tumblr:\u00a0http:\/\/scishow.tumblr.com Instagram:\u00a0http:\/\/instagram.com\/thescishow &#8212;&#8212;&#8212;- Sources: https:\/\/bitinfocharts.com\/\u00a0 https:\/\/chrispacia.wordpress.com\/2013&#8230; https:\/\/www.youtube.com\/watch?v=Lx9zg&#8230; https:\/\/www.youtube.com\/watch?v=nQZUi&#8230; https:\/\/bitcoin.org\/en\/how-it-works http:\/\/www.forbes.com\/sites\/investope&#8230; http:\/\/www.makeuseof.com\/tag\/how-does&#8230; https:\/\/blockchain.info\/charts\/total-&#8230; https:\/\/en.bitcoin.it\/wiki\/Controlled&#8230; https:\/\/www.bitcoinmining.com\/ http:\/\/bitamplify.com\/mobile\/?a=news\u00a0 Image Sources: https:\/\/commons.wikimedia.org\/wiki\/Fi&#8230;<\/p>\n","protected":false},"author":6,"featured_media":2424,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[127],"tags":[102,97,551,485],"class_list":["post-12861","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-edu","tag-bitcoin","tag-education","tag-education-saturday","tag-scishow"],"acf":[],"_links":{"self":[{"href":"http:\/\/wavechronicle.com\/wave\/index.php?rest_route=\/wp\/v2\/posts\/12861","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/wavechronicle.com\/wave\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/wavechronicle.com\/wave\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/wavechronicle.com\/wave\/index.php?rest_route=\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"http:\/\/wavechronicle.com\/wave\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=12861"}],"version-history":[{"count":1,"href":"http:\/\/wavechronicle.com\/wave\/index.php?rest_route=\/wp\/v2\/posts\/12861\/revisions"}],"predecessor-version":[{"id":12862,"href":"http:\/\/wavechronicle.com\/wave\/index.php?rest_route=\/wp\/v2\/posts\/12861\/revisions\/12862"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/wavechronicle.com\/wave\/index.php?rest_route=\/wp\/v2\/media\/2424"}],"wp:attachment":[{"href":"http:\/\/wavechronicle.com\/wave\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=12861"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/wavechronicle.com\/wave\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=12861"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/wavechronicle.com\/wave\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=12861"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}