Category: Blockchain 101 Animation

Blockchain 101: Episode 11 – Why haven’t we finished mining Bitcoins

For sustainability, the Bitcoin network adjusts its mining difficulty. Every 10 minutes, miners compete to solve a complex math problem […]

Blockchain 101: Episode 10 – The Bitcoin Faucet

Bitcoin was cheap and very easy to acquire in the first few years of its inception. At the end of […]

Blockchain 101: Episode 09 – Nakamoto’s successor Gavin Andresen

Gavin Andresen is Bitcoin’s core development team member and one of the few whom Nakamoto emailed prior to his disappearance. […]

Blockchain 101: Episode 08 – 2 Pizzas $100 Million

On May 22nd, 2010, Laszlo Hanyecz, U.S. programmer and Bitcoin fan, tried using Bitcoins to exchange for goods. He mentioned […]

Blockchain 101 Episode 07 – How are Bitcoins issued

Bitcoin does not have a specific issuer as it relies on a decentralized distribution system to gradually release Bitcoins. The […]

Blockchain 101: Episode 06 – What is Cypherpunk?

Bitcoin White Paper was first posted on Cypherpunk. More specifically, Cypherpunk is a network of encrypted e-mail system. In 1992, […]

Blockchain 101: Episode 05 – Who is Satoshi Nakamoto?

Satoshi Nakamoto created and developed Bitcoin. He published the Bitcoin White Paper on November 1st, 2008, and mined his first […]

Blockchain 101: Episode 04 – The Birth of the first Bitcoin!

The Birth of the first Bitcoin! The big day came on January 4th 2009, 3 months after the publication of […]

Blockchain 101: Episode 03 – The Release of Bitcoin White Paper

During the 2008 Financial Crisis in the United States, someone behind the alias “Satoshi Nakamoto” published an online article titled […]

Blockchain 101: Episode 02 – What is Bitcoin?

The concept of Bitcoin (BTC) was created by Satoshi Nakamoto as a peer-to-peer, decentralized digital currency. In 2009, Nakamoto mined […]