Anything that involves mining and its technicalities. To be honest, I tried reading books about cryptocurrencies but the technicalities on the blocks, mining hashes, etc. seems to be out of this world as they have their own language.
I am completely amazed by people who comment and post threads under the Mining, Development & Technical Discussions board like they have their own language. They seem to understand completely the technicalities, technology, and process behind it. I tried understanding and reading books about it but it always left me baffled on the process.
Topic: Which part of Bitcoin do you think it's the hardest to understand? - page 2. (Read 348 times)
December 24, 2021, 01:22:07 PM
December 24, 2021, 12:39:54 PM
This can be different for anyone but for me hardest part of understanding, bitcoin is the technical part where you can understand the encryptions and the part where people understand the bitcoin source code, even if I'm a python developer and did some works in CPP I still cannot understand the source code and how exactly the project works, however that's not important for everyone to understand such things about bitcoin and if you understand the bitcoin fundamentals that would be enough.
December 24, 2021, 11:13:35 AM
From my personal experience, people have a hard time understanding the way Bitcoin works, in the context of transactions and mining - the question is always how this whole thing works and who controls it. When I tried to explain the whole concept to people, they mostly didn’t understand it, and if to some extent they did, they always wonder how it all works if there isn’t someone who manages everything.
Another thing that often confuses people is the possibility of double-spending, which exists as an option, although if you mention it people just become even more skeptical than before. The bottom line is that technical things are not exactly a topic that can be talked about with anyone, because people are just more confused and often conclude that it is too complicated.
I fully understand people who encounter Bitcoin for the first time, some just need time to process it all, and some just can't figure it all out - which is perfectly normal, because as in other comments, for me some technical things are just overcomplicated.
Another thing that often confuses people is the possibility of double-spending, which exists as an option, although if you mention it people just become even more skeptical than before. The bottom line is that technical things are not exactly a topic that can be talked about with anyone, because people are just more confused and often conclude that it is too complicated.
I fully understand people who encounter Bitcoin for the first time, some just need time to process it all, and some just can't figure it all out - which is perfectly normal, because as in other comments, for me some technical things are just overcomplicated.
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December 24, 2021, 11:09:46 AM
I'm too much illiterate on the technical part, especially understanding the mining part as I have not ever checked out that how it works because I don't have any device or way to test it. So, it's something I really have no idea, especially how things work on the backend.
Anyway, I think it's not like everyone has to understand everything about bitcoin. Some may be technical experts while others only know the theory. Some may think having knowledge on how to secure your fund with bitcoin while some may only think receive/spend is enough.
Anyway, I think it's not like everyone has to understand everything about bitcoin. Some may be technical experts while others only know the theory. Some may think having knowledge on how to secure your fund with bitcoin while some may only think receive/spend is enough.
December 24, 2021, 11:03:57 AM
By taking a walk in my oldest threads, I wondered what part of Bitcoin was the most difficult, for me, to grasp. I think that I'm between the “Miners have a stronger voice than the rest of the users consensus-wise” argument and the block-size debate.
Right next to those, I'll easily put Elliptic Curve Cryptography and the Lightning Network as a concept. How about you?
Right next to those, I'll easily put Elliptic Curve Cryptography and the Lightning Network as a concept. How about you?
great insight to get to know where the hard to understand bitcoin is. I think getting to know more about Elliptic Curve Cryptography is difficult. I will still try to learn Elliptic Curve Cryptography, because the difficulty will be beautiful at times when we often learn and understand correctly.
December 24, 2021, 11:00:27 AM
mk4 hit it right on the head. The technical stuff is generally the most difficult part to understand.
However, for me, the actual math behind ECC is where my eyes start to cross. I have a strong understanding of the technicalities surrounding bitcoin, but when we start to get involved with cryptographic math, I experience a steep drop-off.
However, for me, the actual math behind ECC is where my eyes start to cross. I have a strong understanding of the technicalities surrounding bitcoin, but when we start to get involved with cryptographic math, I experience a steep drop-off.
December 24, 2021, 10:45:16 AM
Great question. As mk4 said, I would be out of depth talking to anyone with an understanding of the code. This is something i ardently wish to pursue but the distractions in this space are unfortunately too many. From the lack of newbie focussed bitcoin development to the allure of finding that DeFi gem that can help me stack more sats, there are plenty of reasons that keep one occupied.
Conceptually, I think the hardest part to understand for me is the ECDSA and its implementation on the "finite field" with a "Generator point". There is just a lot of esoteric mathematics involved.
Other than that, I think most other concepts need a bit of in-depth research but the understanding without reading code is always going to be wanting. So, it is indeed one of my goals, to grok Bitcoin, the network, wallet and miner; although they can all even be the same.
Conceptually, I think the hardest part to understand for me is the ECDSA and its implementation on the "finite field" with a "Generator point". There is just a lot of esoteric mathematics involved.
Other than that, I think most other concepts need a bit of in-depth research but the understanding without reading code is always going to be wanting. So, it is indeed one of my goals, to grok Bitcoin, the network, wallet and miner; although they can all even be the same.
December 24, 2021, 10:37:05 AM
Pretty much the technical stuff in general for me lol. I know enough to be able to discuss Bitcoin for hours and hours and hours on end, but definitely not enough(far from it) to have a meaningful conversation with a core developer.
As for when explaining Bitcoin to other people, it's the concept itself — the money or the asset itself that's actually not controlled by a central authority. And add the fact that the inventor is a mysterious anonymous online person, it makes it sound like a B-tier scifi/suspense film.
As for when explaining Bitcoin to other people, it's the concept itself — the money or the asset itself that's actually not controlled by a central authority. And add the fact that the inventor is a mysterious anonymous online person, it makes it sound like a B-tier scifi/suspense film.
December 24, 2021, 09:57:45 AM
By taking a walk in my oldest threads, I wondered what part of Bitcoin was the most difficult, for me, to grasp. I think that I'm between the “Miners have a stronger voice than the rest of the users consensus-wise” argument and the block-size debate.
Right next to those, I'll easily put Elliptic Curve Cryptography and the Lightning Network as a concept. How about you?
Right next to those, I'll easily put Elliptic Curve Cryptography and the Lightning Network as a concept. How about you?
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