The Simplest Bitcoin Book Ever Written
MINERS
Specialized nodes
(computers called ASICS)
that 'mine' the blocks that become part of the bitcoin
blockchain.
In so doing, they
verify the validated transactions made by users, mint new
bitcoins and secure the entire network.
USERS
You and me. All of us.
The people.
Acknowledging and appreciating the value of goods and services
provided,
we
transact:
give and receive bitcoin, or we
store
it for use later, as needed.
NODES
Nodes are computers that run the bitcoin software.
There are thousands of nodes
making up the decentralized, global, voluntary
network that validates transactions
(thereby preventing double-spending, and helping to secure the
system).
DEVELOPERS (DEVS)
Coders, programmers & digital authors
who work to
maintain and scale the network, improve security, privacy and
user interface, and translate code
into language and visuals that the rest of us can comprehend and
utilize.