See how the concept of verification and addition to the blockchain works in real time.

A look at nodes and miners in managing bitcoin transactions

Each time a transaction involving bitcoin is carried out, the information must be relayed and recorded onto the currency’s blockchain. Multiple steps are involved, including the passage of the transaction to various nodes and miners who comprise multiple layers of verification and validation. See an illustrated guide to how these two crucial features of bitcoin processing work here.

Bitcoin mining validates/adds bitcoin transactions onto the blockchain

Mining, done by a decentralized network of actors, is incredibly energy intensive, making the award of bitcoins a major incentive.

A simple visual explanation of how blockchains work

Blockchains are decentralized, distributed, and digital methods to record transactions and prevent alterations and tampering of the record. That's a simplified definition. This easy-to-understand six-minute video further and better explains what blockchains are and how they work using colorful illustrations and clear, concise clarifications on their processes and what makes them so special.

The blockchain offers tantalizing possibilities for future use

Think of blockchains as a running list of information, where new details are added to the running chain as discrete "blocks." With crypto, the information contained within each block could be virtually anything, providing flexibility for uses in commerce, legal filings, healthcare records, and more.

Blockchain, explained in five layers of difficulty

Blockchain, the key technology behind bitcoin, is a new network that helps decentralize trade and allows for more peer-to-peer transactions. Wired challenged political scientist and blockchain researcher Bettina Warburg to explain blockchain technology to five different people: a child, a teen, a college student, a grad student, and an expert.

A visual guide to how bitcoin transactions work and rely on cryptography

The "crypto-" in cryptocurrencies like bitcoin refers to the mathematical functions that generate pairs of public and private keys and encrypt data in blocks. When combined, these systems secure transactions on the network, verify digital asset and token transfers, and contribute to end-user anonymity.

Ledgers—what are they good for?

It might seem strange that a ledger—a dull and practical document associated mainly with accounting—would be described as a revolutionary technology. But the blockchain matters because ledgers matter. Read (or listen to) this 14 minute breakdown on why ledgers matter.

Check the real-time price of bitcoin

Bitcoin has gone through several boom and bust cycles. Those peaks and valleys sit on top of a steadily rising value, growing as the currency gains wider adoption. As of 2024, bitcoin’s total market value was over $1.3T, with more than 19.6 million coins in circulation. Still, the value fluctuates.

Bitcoin explained and made simple

Bitcoin, the most popular and well-known example of a cryptocurrency, came on the scene around 2010, with its evangelists proclaiming it would eventually displace government-backed traditional cash. While the concept of a digital currency may seem straightforward, the details can be deceptively simple. This quick video overview provides the foundation for a deeper dive into the world of decentralized currency.

Only 21 million bitcoin will ever be created—what happens then?

Bitcoin is a popular cryptocurrency with a finite supply, and the issuance of new bitcoins is currently offered as a reward for verifying the transactions on the blockchain. Experts say the currency won't reach its limit until the year 2140, and miners may ultimately rely on transaction fees.

In 2008, Satoshi Nakamoto began working on the underlying bitcoin code and blockchain

Widely credited as inventing the currency, Nakamoto abruptly disappeared from the digital world—no one has confirmed his identity, or whether he was even a single individual.

The Chain Reaction podcast: The latest in bitcoin and blockchain developments

There are constantly new tokens, DeFi projects, NFT collections, and DAOs being launched, but how can you make sense of everything going on in the crypto space? TechCrunch senior crypto reporter Jacquelyn Melinek explores the impact of crypto on finance, art, web3, and society as a whole. One the best resources to keep up with actual—meaning, beyond the hype—developments in the world of bitcoin and blockchain.

Princeton University offers a free online bitcoin course

Want to understand bitcoin and cryptocurrencies? A free online course from Princeton University unpacks the details of bitcoin, from how it works to what distinguishes it from other currencies, to the security and anonymity associated with its use. Explore explainer videos, or take the course as a series of lessons.

Watch a video that visualizes what really happens inside a credit card network when you make a purchase.

Every tap sets off a lightning-fast relay. When someone buys coffee with their Visa, a tiny "runner" races between the coffee shop's bank, Visa's network, and their bank—all in under a second. The catch? No money has actually moved yet. Here's what really happens behind that instant "Approved."

Cryptocurrency acts as a store of value

Traditional money, dating back to its first known uses in ancient Babylonia, has many uses—it reduces friction in transactions by providing a common denominator of value (unit of account), acts as a single item accepted by many vendors (medium of exchange), and holds wealth as a store of value.

Two Papa John’s pizzas were the first real-world transaction involving cryptocurrency

In 2010, a programmer Laszlo Hanyecz made the first real-world transaction involving cryptocurrency—purchasing two Papa John’s pizzas for 10,000 bitcoins. While the transaction was lauded as a milestone for cryptocurrency, it has also become a tongue-in-cheek cautionary tale—the value of the purchase price exceeded $620M at bitcoin’s all-time high.

NFTs can be minted using an online marketplace or directly on the blockchain

Minting, or creating, an NFT is how NFTs are added to the blockchain. The process can be simplified by using a popular marketplace.

The SEC recently approved bitcoin ETFs in landmark investing decision

In January 2024, the US Securities and Exchange Commission made history when it decided to allow fund issuers to launch bitcoin ETFs. This new class of exchange-traded fund tracks spot bitcoin prices, essentially allowing investors to hold bitcoin without actually having to buy the crypto.

Every printed bill has its own unique serial number

In the US, each bill also has its own plate number, series year, Treasury seal, and more. Each design helps track money and combat counterfeiting.

How the checking account has evolved into a platform of features rather than a product

The accounts act as an anchor for customer relationships that banks need to retain said customers. As fintech companies unbundle the checking account without technically being chartered banks, traditional banks face pressure to innovate the checking account experience.

Digital passports allow identity verification to be digitized

By scanning the security chip on the back of passports and capturing images or video of a person, apps like Google Wallet and Apple Wallet create a digital version of the document. Some states have also developed their own apps for digital driver's licenses.

Why atoms are used to keep track of time and define the meaning of a second

Small variations in the production of human-made devices, such as mechanical watches and pendulums, make them unreliable for the ultraprecise timekeeping required by modern technology, including financial transaction timestamping and GPS. Because atoms obey fundamental laws of nature and never wear out, their light emissions when energized provide a consistent timekeeping signal.

Inside Vitalik Buterin’s trip to Russia

A Vice reporter heads to Russia, where he documents Ethereum founder Vitalik Buterin’s time there. Buterin, then 23, attends events in the country to raise awareness about Ethereum and its potential to pave the way for a new financial future. At the same time, Vice notes that Russia’s interest in crypto could stem from its potential to allow the country to evade international sanctions. Watch the full video here.

The enduring history of universal basic income

Distributing money to everyone is a radical idea provoking heated debates. The historical record shows pockets of civilizations exploring the notion around the world. The practice resembles what many prehistoric societies did as well. Trace the history of this income distribution approach with this fascinating overview.

What does the surge phase mean for Ethereum?

The Surge is the next major upgrade for Ethereum. It’s a process aiming to scale up Ethereum, letting it handle more transactions, more efficiently. A key part of this process involves “layer 2 rollups,” which bundle transactions in part of the blockchain to process them more quickly. The Surge is expected to improve Ethereum’s decentralization and lower gas fees. Learn more in this article.

Watch this video that uses Lego bricks to explain how venture capital works.

Some coin denominations have ridges etched on their sides, partly to prevent counterfeiting, in a practice called 'reeding.'

The US dollar is the most widely circulated currency in the world, and is involved in nearly 90% of global transactions

Memecoins are a type of cryptocurrency—a form of digital currency with a wide variety of uses—created around popular 'memes,' or viral internet jokes.

According to the physics of black holes, our 4D reality may be a hologram—a projection of information coded on a 2D surface on the edge of the universe.

How Amazon operates a 'flywheel' business model, a self-reinforcing cycle that drives continuous growth

Long before Major League Baseball began allowing instant replay for balls and strikes, an umpire reluctantly used the technology to determine whether a hit was a home run, a move that inadvertently ushered in a new era for the sport.

Watch how algorithms can be designed to train themselves and self-improve without human input, to the point where the optimized code is too complex for programmers to understand.

This site reaches millions of visitors who are tired of AI chatbots and seeking human connection. Pretend to be an AI chatbot and ask questions, provide answers, and draw for people in real time.

The idea for the Federal Reserve was conceived in secret in 1910—with bankers donning duck hunt gear for disguise while traveling to a remote country club on Georgia's Jekyll Island

A century of Billboard issues documenting the evolution of popular music.

Explore fun facts from the USPS, including unique post office buildings, a stamp that traveled past Pluto, and more.

Radioactive elements can introduce software errors because the ionizing radiation they produce can detach electrons from atoms, and computer code relies on the distribution of electrons.

Researchers believe the brain consolidates memories, processes emotions, and plans for the future during dream states

Watch how deep-sea mining equipment collects and processes polymetallic nodules—metal-rich, potato-shaped rocks—from the ocean floor and creates environmentally damaging plumes of sediments.

The Mona Lisa's celebrity status and repeated restorations have obscured what made the painting so revolutionary for its time

An initial public offering or 'IPO' is the process of a private company becoming public by putting shares of the company on the stock market for purchase.

The term 'algorithm' originated from the Latinized name of al-Khwārizmī, a 9th-century mathematician whose works introduced Arabic numerals and the decimal-based numeral system to Europe and whose treatise 'Al-Jabr' gave algebra its name.

Explore chaos in this simulation of two double pendulums, where small differences in the release angles produce wildly different outcomes.

Tattoos remain visible on your skin thanks to immune cells called macrophages

See how each of the more than two million known species relates to each other—and to common ancestors—in this zoomable tree of life.

The first steps to rebuilding your credit score include getting to know exactly what's on your credit report and figuring out how far you are from the '700 club,' or 'good score' range.

See a 3D reconstruction of Tenochtitlan, the Aztec capital that was home to an estimated population of 200,000 to 400,000.

See the evolution of Ebola vaccine and treatment development.

Take a 3D tour of the Hajj, Islam's annual pilgrimage to Mecca, undertaken by over 1.5 million Muslims.