I took some time and read this blog post [1]. It allowed me to explain everything to my friends who asked. [1]: http://www.michaelnielsen.org/ddi/how-the-bitc

I took some time and read this blog post [1]. It allowed me to explain everything to my friends who asked. [1]: http://www.michaelnielsen.org/ddi/how-the-bitcoin-protocol-actually-works/ http://www.michaelnielsen.org/ddi/how-the-bitcoin-protocol-a...