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Proof-of-Work, Difficulty Adjustment, and Network Security

Explains proof-of-work as the price of truth, not puzzle solving. Covers how it solves the double-spend problem, secures the entire chain, the thermodynamic arrow of time, the difficulty adjustment, and why a 51% attack is self-defeating.

How Bitcoin Works and Why It's Sound 4 lessons FreeSelf-paced
This content is educational only. It is not financial advice. I cannot tell you how much to invest or when to buy. Speak to your own financial adviser before making any decisions.

Bitcoin secures its ledger by making lying expensive. This course explains proof of work not as solving puzzles, but as the price of truth, converting real energy into unforgeable costliness. I cover how proof of work solves the double-spend problem and secures the entire chain, why the blockchain is a kind of thermodynamic arrow of time, how the difficulty adjustment keeps blocks arriving roughly every 10 minutes, and why a 51% attack is economically self-defeating, security here is enforced by loss.

This is educational content, not financial advice.