This is the best explanation I've read: http://www.michaelnielsen.org/ddi/how-the-bitcoin-protocol-actually-works/ http://www.michaelnielsen.org/ddi/how-the-bit

This is the best explanation I've read: http://www.michaelnielsen.org/ddi/how-the-bitcoin-protocol-actually-works/ http://www.michaelnielsen.org/ddi/how-the-bitcoin-protocol-a...