Don
Sunday, July 14, 2013
How Bitcoin Works Under the Hood
Read More and Watch the Video, if you haven't already in the Embedded Window...
http://www.imponderablethings.com/2013/07/how-bitcoin-works-under-hood.html
Go there...
http://www.youtube.com/watch?v=vC-vkJle05w
So, I Downloaded and Installed Bitcoin-Qt on my Fedora Linux System
Bitcoin-Qt is the third Bitcoin client, developed by Wladimir J. van der Laan based on the original reference code by Satoshi Nakamoto (https://en.bitcoin.it/wiki/Bitcoin-Qt). I got it from here (http://www.weusecoins.com/en/getting-started) And there are instructions on How To Install and Run Bitcoin, along with plenty of good Links to info about Bitcoin, on this page too. This Page has some good info on how to run Bitcoin (https://en.bitcoin.it/wiki/Running_Bitcoin)...Running Bitcoin
"There are two variations of the original bitcoin program available; one with a graphical user interface (usually referred to as just “Bitcoin”), and a 'headless' version (called bitcoind). They are completely compatible with each other, and take the same command-line arguments, read the same configuration file, and read and write the same data files. You can run one copy of either Bitcoin or bitcoind on your system at a time (if you accidentally try to launch another, the copy will let you know that Bitcoin or bitcoind is already running and will exit)." Read more... https://en.bitcoin.it/wiki/Running_Bitcoin
After installation of Bitcoin-Qt. The App automatically starts "Synchronizing with the Network"... This has been running now for a couple of hours. I didn't keep exact time. But, it's now at 79%... I had an idea that this could take a while on the first run. After watching the Videos and I think the App told me too. When I was looking around the menu's. After it's all done. We'll See, what else needs to be done, to get going with Bitcoin-Qt...
Here's some Screen Shots, that I took during the Process, of System Bitcoin-Qt and it's System Usage...
Don
Bitcoin a "Digital Money System" - How Bitcoin Works Under the Hood and People Who is use it
- Bitcoin Thwarts America's Roman Decline - Jeffrey Tucker #N3 - YouTube
- Bitcoin | Free software downloads at SourceForge.net
- Trust hacking: How the Bitcoin system works
- ImponderableThings (Scott Driscoll's Blog): How Bitcoin Works Under the Hood
- Raspberry Pi Bitcoin miner
- How Bitcoin Works Under the Hood - YouTube
- HDMI color processing board used as an FPGA dev board to mine Bitcoins
- Trust hacking: How the Bitcoin system works
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- Overview | Adafruit 16x2 Character LCD + Keypad for Raspberry Pi | Adafruit Learning System
- CGMINER ASIC FPGA GPU overc monit fanspd RPC linux/win/osx/mip/r-pi 3.3.1
- Bitcoin Asicminer Block Erupter USB (ASIC) - 333mhash 2.5W Miner | Bitmit - Bitcoin
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- Bitcoin Miner - Google Search
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- Bitcoin Miner - Google Search
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- Marketplace
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- Bitcoin
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- MultiBit • Secure lightweight international Bitcoin wallet
- MultiBit • Secure lightweight international Bitcoin wallet