Monthly Archives: December 2014

Bitcoin Explained (VIII)

Last time we saw how once you are the “owner” of some bitcoins, that gives you the magical power of being able to specify what conditions the next claimant must meet before they become the “owner” As flexible as it is, there is a problem with this arrangement. Every client has to be taught how… Read More »

Bitcoin Explained (VII)

This series of articles is an extension to my earlier Bitcoin Explained series. It absolutely isn’t necessary for understanding bitcoin, the previous articles are still valid. However, I recently made use of the Brawker website, and wanted to understand their use of P2SH more fully. This new series of articles is the result of me… Read More »