Build On Stacks

Bitcoin Fundamentals

Introduction to blockchain technology

Bitcoin architecture and how it works

Proof of Work consensus mechanism

Layer 2 Solutions

Understanding the limitations of Layer 1 networks

Introduction to Layer 2 scaling solutions

Exploring Stacks

What is Stacks?

Stacks Blockchain Architecture

Proof of Transfer (PoX) consensus mechanism

Set up a Stacks wallet

Introduction to Clarity

Clarity Basics

Setting up the development environment

For Diving Clarity

Submit Your Homework - 1

Smart Contract Development Environment

Development Tools

Clarinet local development environment

Traits

Submit Your Homework - 2

Final Project

Submit Your Final Project

Bitcoin architecture and how it works

How Bitcoin Works: The Blockchain Architecture

Bitcoin operates on a blockchain - a chain of "blocks" containing groups of transactions ordered sequentially. The blockchain serves as a public, distributed ledger that permanently records all transactions.

Key components of Bitcoin's architecture include:

Nodes: Computers that participate in the network by validating and relaying transactions
Miners: Special nodes that compete to produce new blocks and earn rewards
Transactions: Transfers of Bitcoin between addresses, secured by cryptographic signatures
Blocks: Groups of transactions that are added to the blockchain approximately every 10 minutes

Consensus Rules: The protocols determining how the network reaches agreement on transaction validity

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