Atlanta BitDevs

Mastering Bitcoin: Chapters 1 & 2

Mastering Bitcoin

Join our vibrant reading discussion group as we dive into Mastering Bitcoin, the ultimate technical guide to understanding Bitcoin. Perfect for those eager to deeply grasp the intricacies of Bitcoin, this group combines a fun and supportive environment for learning complex technical concepts.

Each week, we'll explore a different pair of chapters, enriching your self-reading experience. We'll provide thought-provoking questions ahead of each session to guide your reading and fuel engaging discussions. Our meetups are not just about discussing the book; they're about building a community of Bitcoin enthusiasts and builders.

Discover, discuss, and delve into the world of Bitcoin with us. Your journey towards mastering Bitcoin starts here!

RSVP for Meetup Here

How It Works

We recommend that you read up on the event format before you attend.

This Session

In this session, Stephen DeLorme will lead us through a discussion of:

  • Chapter 1: Introduction
  • Chapter 2: How Bitcoin Works

Study Questions

These questions are provided to help guide your thinking as read the material. We'll try to answer these together when we meet to discuss the chapter.

Chapter 1

  1. Does Bitcoin have individual coins?
  2. What is Bitcoin's monetary policy?
  3. What are 4 innovations that were combined to make Bitcoin?
  4. What are some different ways to categorize Bitcoin wallets?
  5. Who are the "peers" in Bitcoin's Peer-to-Peer network?
  6. How do you find the price of bitcoin?

Chapter 2

  1. What tool could you use to visualize a Bitcoin transaction?
  2. What kind of data might be included in a Bitcoin "invoice"?
  3. What is a name for the smallest onchain unit of bitcoin?
  4. Generally speaking, how do transaction inputs and outputs work?
  5. How do is a transaction's fee indicated?
  6. What is coin selection?
  7. What are some common forms of transactions?
  8. What is a UTXO?
  9. What is it called when a Bitcoin node shares a new transaction with other Bitcoin nodes?
  10. What's a good analogy to describe mining?
  11. A new transaction is not confirmed until it has been included in a valid _ _ _ _ _ by a _ _ _ _ _.