Jul 21 • General discussion
Goal for this week
Understand how the network functions at a high level.
We all understand PoW and the mempool at a high level.
I want to have a good understanding of the following basic concepts to build on in the future:
- how script works conceptually
- what are UTXOs at the protocol level
- How are they unlocked and locked using cryptography
- public-private keys
- How wallet addresses are derived
- Difference between the kinds of wallets
- What is P2x (P2SH, P2TR, etc)
- Where off-chain protocols fit into the onchain transaction and how they are secure
- What is client side validation
- Risks of p2p networks vs global state
This are a few that come to mind. I'm sure i'll find more as I dig into details.
I will link anything I find useful in Friday's update.
Let me know if you want me to add them here as well.
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Goal for this week
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