This is a good addition to the original Bitcoin paper (<a href="https:&#x2F;&#x2F;bitcoin.org&#x2F;bitcoin.pdf" rel="nofollow">https:&#x2F;&#x2F;bitcoin.org&#x2F;bitcoin.pdf</a> [pdf]), which is already very concise and readable. The contribution of the post is going into the details of how the concepts actually play out in reality and how stuff just looks like.<p>It&#x27;s interesting that there are so many other articles and talks that try to explain Bitcoin with a high effort of metaphors and examples while avoiding technical details. You can consume all of them and still have no idea.<p>But then again this is probably similar in other fields with high levels of internal complexity (i.e. where you&#x27;d have to read recursively all of the science behind it to get even superficial understanding).