Have you heard about Bitcoin but don’t know where to start or how it works? Missed the first Bitcoin class? On Friday, July 5th Andrew LeCody will be teaching a class that will cover the basics of the Bitcoin currency and network, including:
- What is Bitcoin?
- How to use Bitcoins, finding a good/safe wallet
- How to get Bitcoins
- What the heck is mining?
Andrew LeCody is an Open Source Software enthusiast, developer and current President of the Dallas Makerspace. He originally started using Bitcoins in mid 2010, and through his involvement in that community discovered the hackerspace movement.
Bitcoin is a digital currency, a protocol, and a software that enables:
- Instant peer to peer transactions
- Worldwide payments
- Low or zero processing fees
- And much more!
Bitcoin uses peer to peer technology to operate with no central authority; managing transactions and issuing Bitcoins are carried out collectively by the network. Through many of its unique properties, Bitcoin allows exciting uses that could not be covered by any previous payment systems.