Thalers-r | Publish0x

Thalers-r

Joined December 2019 0 Followers

Thalers-r

Bitcoin's Block Header

3 hours ago 3 minute read comments Thalers-r

The Block Header is one of the 5 elements in a Bitcoin block. Regardless of how many transactions are stored in a block, a Bitcoin Block Header of a Bitcoin block is always 80 bytes and consists of 6 elements as shown below   1) Version Number: It h...

Bitcoin's Magic Number!

23 May 2020 1 minute read comments Thalers-r

A magic number is a number at the beginning of (or near to beginning) a file that identifies type of a file. It is also called “magic bytes” and/or “file signatures”.  It is like a package of a candy bar. You can think of package as a magic number....

Merkle Tree. Why is it crucial for Bitcoin?

21 May 2020 4 minute read comments Thalers-r

Before diving into this, if you have not already, I recommend you take a look at what a hash is by clicking here, because having a grasp of what hash is, is essential to fathom merkle tree structures. Merkle Root is a hash, at the end of a merkle tre...

What is a hash?

19 May 2020 5 minute read comments Thalers-r

Ever wondered that what that hash is, you often come by while browsing web or reading stuff. Here is a simplified explanation. Number Bases A hash is just a number. A big number in Base 16. OK baby steps, we all know about base 10 which includes numb...