So you think you understand how bitcoin works?
Also read – The physics of Gold and Bitcoin
- Why can you not copy your wallet.dat file – and have DOUBLE your money now?
- If miners are unable to make a profit, what will keep the network going?
- You can send directly to an IP address instead of a bitcoin wallet. What are the pros and cons of doing a transaction to an IP?
- A wallet has multiple private keys. How does it keep track of the hundreds of keys?
- If a balance is split across blocks – some as far back as a thousand blocks, how does the balance get reconciled?
- If part of a network gets ‘cut off’, what happens to the transactions that flow through the cut off network?
- What can cause a SEND transaction to fail (to be not received)? What is the remedy for such failures?
- Can you get the public key from a wallet address?
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