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February 05, 2013

Bitcoin Explained: A programmer's translation

We've been hearing alot about bitcoin in the past couple weeks. Previously we understood the idea that it's an online currency but we've never really investigated or understood how that works or what that means before. After hearing quite a bit grumblings about it here in the cave we decided to take a look. We did what any other sensible group of programmers would do, we cracked beers and dug into what that really meant. What we discovered and the implications of them are huge.