The introduction to Bitcoin presentation hold during the Sigimera Event on the 3. March 2014.

1. An Introduction
to Bitcoin
Vrije Universiteit Amsterdam,
Netherlands
Monday, 3. March 2014
Alex Oberhauser
<alex.oberhauser@sigimera.org>
contact@sigimera.com or +31 58 744 0 786
© 2014 Sigimera Ltd. www.sigimera.com

2. The (R)evolution...
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3. What is this Bitcoin?
Bitcoin is an
innovative payment
network and a new
kind of money.
from bitcoin.org
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© 2014 Sigimera Ltd. www.sigimera.com

4. How does it work?
1. The receiver creates a new bitcoin address.
2. This bitcoin address is used by the sender to transfer a
specific amount to the receiver.
3. After confirmation from bitcoin miner(s) the money is
available for spending.
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© 2014 Sigimera Ltd. www.sigimera.com

5. Image from bitcoins.com
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© 2014 Sigimera Ltd. www.sigimera.com

6. Image from bitcoins.com
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© 2014 Sigimera Ltd. www.sigimera.com

7. Screenshot from coinmap.org
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© 2014 Sigimera Ltd. www.sigimera.com

8. But, wait...
How does a bitcoin address look like?
What do I need to get started?
How is the amount transferred?
What is a miner?
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© 2014 Sigimera Ltd. www.sigimera.com

9. contact@sigimera.com or +31 58 744 0 786
© 2014 Sigimera Ltd. www.sigimera.com

10. contact@sigimera.com or +31 58 744 0 786
© 2014 Sigimera Ltd. www.sigimera.com

11. A Bitcoin Wallet...
...contains multiple bitcoin addresses
with related private keys.
With this private keys the money can be
spend.
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© 2014 Sigimera Ltd. www.sigimera.com

12. Mobile
Bitcoin Wallet
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© 2014 Sigimera Ltd. www.sigimera.com

13. Transaction
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14. contact@sigimera.com or +31 58 744 0 786
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15. Blockchain
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© 2014 Sigimera Ltd. www.sigimera.com

16. Bitcoin mining is...
“...the process of making
computer hardware do
mathematical calculations for
the Bitcoin network to confirm
transactions and increase
security.”
from bitcoin.org/en/vocabulary#mining
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© 2014 Sigimera Ltd. www.sigimera.com

17. Enough Theory! Lets try it out...
Bitcoin Wallet for Testnet
https://play.google.com/store/apps/details?id=de.schildbach.wallet_test
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© 2014 Sigimera Ltd. www.sigimera.com