Section 2, Transactions (Bitcoin Whitepaper)

In this course, we break down Section 2 of the Bitcoin whitepaper, 'Transactions'.

You will learn about the fundamentals of electronic transactions and the underlying principles that govern digital currencies. This course is designed to provide you with a comprehensive understanding of how electronic coins function, the importance of ownership verification, and the mechanisms that ensure transaction validity in a decentralized environment. By exploring these topics, you will gain insights into the complexities of digital transactions and the role of consensus in maintaining the integrity of the system.

What you will learn:

• Introduction to Transactions: Understand the basic concepts and significance of transactions in the digital realm.

• Definition of Electronic Coins: Learn what electronic coins are and how they differ from traditional currencies.

• Ownership Verification and Double-Spending: Explore methods for verifying ownership and preventing double-spending issues.

• Central Authority and Its Limitations: Analyze the role of central authorities in transactions and their inherent limitations.

• Broadcasting Transactions Across the Network: Discover how transactions are disseminated throughout the network to achieve consensus.

We invite you to join the course and engage with your peers in the forum to ask questions and share comments. Your participation will enhance your learning experience and foster a collaborative environment.