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Chris Bobek 2018-05-22 04:50:11 -07:00
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01_0_Introducing_Bitcoin.md
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@ -45,7 +45,7 @@ However, these Bitcoin scripts are the lowest level of Bitcoin functionality. Mu
### Bitcoin — In Short ### 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 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._ One way to think of Bitcoin is as _a sequence of atomic transactions_. Each transaction is enabled by a sender with the solution to a previous cryptographic puzzle that is stored as a script. The new transaction is locked for the recipient with a new cryptographic puzzle that is stored as a script. Every transaction is recorded in an immutable global ledger.
## What Is Public-Key Cryptography? ## What Is Public-Key Cryptography?
@ -57,7 +57,7 @@ A public key is the key given out to other people. In a typical public-key syste
### What Is a Private Key? ### What Is a Private Key?
A private key is linked to a public key in a key pair. In a typical public-key system, a user keeps his private key secure and uses it to decrypt messages sent to him, encrypted with the public key. A private key is linked to a public key in a key pair. In a typical public-key system, a user keeps his private key secure and uses it to decrypt messages that were encrypted with his public key in the process of being sent to him..
### What Is a Signature? ### What Is a Signature?