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Learning

The Mechanics Trail

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The deeper layers of Bitcoin, and how they fit together.

1 Satoshi

Twenty One Million

Free

Self-paced · About 2.5 hours

How the network works

Mechanics Trail is Bitcoin from the inside. It covers the shared record of every transaction, the wallets that prove what is yours, the nodes that enforce the rules, and the miners who secure it. From there it follows a single payment from start to finish. You may notice some overlap with the Foundations Trail. Mechanics returns to those topics and takes each one deeper.

What you walk away with

Ground covered

  1. The Bitcoin Mechanics Glossary
  2. Blockchain: Bitcoin’s Own Public Ledger
  3. Wallets, Keys and Real Ownership
  4. Nodes
  5. The Fee Market and the Mempool
  6. Mining, Proof of Work and Energy
  7. The Difficulty Adjustment
  8. Issuance and Halvings
  9. Security and Attack Resistance
  10. The Journey of a Bitcoin Transaction
  11. Closing Framework: Bitcoin as a Living Protocol