What Bitcoin is: begin with the public ledger and signatures
Separate the network, the asset and its price to keep different Bitcoin debates clear.
Read in Chinese →Learning topics
Bitcoin
Understand transfers, supply and network consensus.
Titles and summaries are in English. Articles marked “Chinese article” open the Chinese original.
10 articles
All articles →UTXOs and change: why a transfer can have multiple outputs
One displayed balance can consist of many spendable transaction outputs.
Read in Chinese →Bitcoin confirmations: what happens after a wallet says sent?
Broadcasting, block inclusion and exchange crediting are separate stages.
Read in Chinese →BTC transfer fees: understand sat/vB, not just the amount sent
Fees depend on data size and fee rate, so a larger transfer need not cost more.
Read in Chinese →What halvings change: the distance between supply rules and prices
A scheduled block-subsidy reduction does not write a future market price into the protocol.
Read in Chinese →Mining, hash rate and difficulty: security is not a guaranteed business profit
Producing blocks and running a mining business are related but different questions.
Read in Chinese →Full nodes and wallets: what independent verification means
Wallets sign and interact; nodes validate and relay. They can work together but have distinct roles.
Read in Chinese →BTC address formats and reuse: what to check before receiving funds
An address format cannot by itself prove ownership, security or platform support.
Read in Chinese →Forks and chain reorganizations: one word, several different events
Distinguish temporary competing blocks, rule upgrades and lasting chain splits.
Read in Chinese →Holding BTC or a related ETP: structural differences beyond convenience
Similar price exposure can come with different rights, fees and trading hours.
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