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Topic: BTC models (Read 1176 times)

hero member
Activity: 1204
Merit: 531
Metaverse 👾 Cyberweapons
April 01, 2017, 08:16:07 AM
#13
I appreciate your reasons, but before moving too far I have to tell I am seeking visual models. Pictures that describe how a blockchain works, but easily without too many details. I will include it in the Introduction page so it has to be a thing that will not scare people off and is understandable to non-financial experts too.
sr. member
Activity: 392
Merit: 250
Best IoT Platform Based on Blockchain
April 01, 2017, 05:29:33 AM
#12
Tell the skeptics and newbies that Bitcoin will be the Mark of the Beast and nobody will be able to trade without it, it will be globally accepted, and its price level will reach astronomical level to facilitate international commerce, and if they do not get into the boat now, they will fucking regret it later. In return for that, they will not go to heaven.
legendary
Activity: 3248
Merit: 1070
April 01, 2017, 12:48:30 AM
#11
gold is one way to explain bitcoin the fuctionality is kinda the same, you mine you hold you gold/coins they acquire value based on demand and supply, they are limited etc...

for the blockchain itself, my best example, is a chain of safe box, where when you find the conbination to open one another one is ceated

all the safe box that are been generate previously are opened and you can see their transaction on the public ledger(the blockchain)

to have the amount of that safebox must own the correct key/private key in case of bitcoin
hero member
Activity: 994
Merit: 544
April 01, 2017, 12:44:08 AM
#10
I need Bitcoin models than explain the blockchain.
I want to use these models to explain how BTC blockchain operates to skepticals and newbies. Most people prefer visual constructions.

What is the most easy-to-understand yet legit model to explain BTC?

I will thank the very good replies in my research Wink

A good model for bitcoin will be the the collectible coins. As time grows by the commemorative grows in value. The more it age the more it becomes valuable.  Commemorative of collectible coins have become a valuable item for collectors and will pay a huge amount to get it. Bitcoin is like that you bought it in a low value but as people demands bitcoin in time its value is increasing.
hero member
Activity: 1204
Merit: 531
Metaverse 👾 Cyberweapons
April 01, 2017, 12:34:19 AM
#9
Look at this article i find it quite helpful to teach newbies who are completely new to bitcoin.
https://cointelegraph.com/news/the-human-blockchain-bitcoin-explained-without-technology



Thank you! I added it to my bibliography (:

Now, I would need a compact model how blockchain operates. Model has to be compact because it goes into a page where there is some text already. So, it should be able to placed without problems at the end of an A4 page (last quarter or so). Also, it should look clean and easy. What is your suggestion?
hero member
Activity: 700
Merit: 500
CryptoTalk.Org - Get Paid for every Post!
March 26, 2017, 02:17:18 PM
#8
Look at this article i find it quite helpful to teach newbies who are completely new to bitcoin.
https://cointelegraph.com/news/the-human-blockchain-bitcoin-explained-without-technology

hero member
Activity: 1204
Merit: 531
Metaverse 👾 Cyberweapons
March 26, 2017, 01:31:43 PM
#7
So, to provide a model of BTC, I could simply provide a model of blockchain. That is actually what I was looking for really.

However, what model should I show to casual users? Because I found there is a large range of models from different views such as end-user view, security view...etc.

Could you link any actual example what you find especially easy to understand (and legit)?

BTC == $  Huh

Haha, Thank You for making my day! I love that one.

legendary
Activity: 1302
Merit: 1008
Core dev leaves me neg feedback #abuse #political
March 24, 2017, 06:12:46 AM
#6
I need Bitcoin models than explain the blockchain.
I want to use these models to explain how BTC blockchain operates to skepticals and newbies. Most people prefer visual constructions.

What is the most easy-to-understand yet legit model to explain BTC?

I will thank the very good replies in my research Wink

some have called the blockchain a bank ledger in reverse.  I got this idea from James D'angelo of the world bitcoin network, who has
a few nice youtubes.

in a bank, the ledger is private and only the bank can see the whole thing.  in bitoin, the ledger is public.  everyone can see everything.
this solves the previously unsolved problems of double spends etc

legendary
Activity: 2562
Merit: 1441
March 24, 2017, 04:53:30 AM
#5
There are visual models in the video lectures of this course.

https://www.coursera.org/learn/cryptocurrency/home/welcome

I think other sites like khan academy that do bitcoin info courses have some as well.

There are also tons of btc infographics that can be found by searching for "bitcoin visual model" in google & clicking on the image tab.
full member
Activity: 150
Merit: 100
March 24, 2017, 03:14:13 AM
#4
I think i really need a bitcoin model for to grow. Yes when somebody has a model is equally abound to do well. Model make somebody to be learning and have a good quality.
hero member
Activity: 1036
Merit: 504
Becoming legend, but I took merit to the knee :(
March 24, 2017, 02:42:16 AM
#3
I need Bitcoin models than explain the blockchain.
I want to use these models to explain how BTC blockchain operates to skepticals and newbies. Most people prefer visual constructions.

What is the most easy-to-understand yet legit model to explain BTC?

I will thank the very good replies in my research Wink

You mean u want a blockchain model that explains bitcoin.

Bitcoin uses a blockchain as its form of public ledger. A blockchain has more uses than simply being for bitcoins.

It would be much easier to explain the sending and receiving portions separately to the mining process.
hero member
Activity: 565
Merit: 501
S> Cheap SocialMedia Hype's
March 24, 2017, 02:38:56 AM
#2
BTC == $  Huh
hero member
Activity: 1204
Merit: 531
Metaverse 👾 Cyberweapons
March 24, 2017, 02:34:41 AM
#1
I need Bitcoin models than explain the blockchain.
I want to use these models to explain how BTC blockchain operates to skepticals and newbies. Most people prefer visual constructions.

What is the most easy-to-understand yet legit model to explain BTC?

I will thank the very good replies in my research Wink
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