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How bitcoins are brought into existence is through a process that we call mining. Mining a bitcoin is done through using software that connects you to the blockchain and allows you to verify transactions across the blockchain. Verifying these transactions is done through solving a series of mathematical puzzles that yield a reward in bitcoin if the block gets completely mined. This is what would drive someone to want to mine bitcoin from the blockchain....

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Bitcoin transactions are one of the most secure transfers of money that can happen today.  There are a few things that every bitcoin transaction consists of.  This would be the header and the input and the output. The input of a bitcoin transaction is showing that the prior balance of the wallet contains a certain number of bitcoins available to use.  These bitcoins are then transferred forward to the current transaction that is about to...

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A smart contract is a set of rules that is on the part of a blockchain that will only allow the blockchain to continue when the smart contract is met.  This is almost like an agreement between two parties on what is going to happen in order to make the payment.  Parts of the contract can contain assets that the parties will then distribute among all parties of the agreement.  Think of this smart contract...