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### Bitcoin — In Short
One way to think of Bitcoin is as: _a sequence of atomic transactions: each of which is enabled by the sender with the solution to a cryptographic puzzle that is stored as a script; each of which is locked for the recipient with a new cryptographic puzzle that is stored as a script; and each of which is recorded in a permanent global ledger._
One way to think of Bitcoin is as: _a sequence of atomic transactions: each of which is enabled by the sender with the solution to a previous cryptographic puzzle that was stored as a script; each of which is locked for the recipient with a new cryptographic puzzle that is stored as a script; and each of which is recorded in an immutable global ledger._
## What Is Public-Key Cryptography?