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title: Best Bitcoin posts of 2022 | daily.dev
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# Best of Bitcoin — 2022

1. 1  
[](/posts/introduction-to-blockchain-2z7qvi3dn "Introduction to Blockchain")  
Article  
![Avatar of coinsbench](https://media.daily.dev/image/upload/t_logo,f_auto/v1/logos/ba340d3c8caa4c2586911332928e24d9)Coins Bench · 4y  
Introduction to Blockchain  
Bitcoin is decentralized and trustless, meaning there is no trusted authority which controls updates. If any node could make updates to the database at any time, there would be conflicts, fake transactions, inconsistencies between different nodes’s copies of the database.  
36  
1
2. 2  
[](/posts/blockchain-explain-and-demo-rk6w4rrlg "Blockchain Explain and Demo")  
Article  
![Avatar of coinsbench](https://media.daily.dev/image/upload/t_logo,f_auto/v1/logos/ba340d3c8caa4c2586911332928e24d9)Coins Bench · 4y  
Blockchain Explain and Demo  
The decentralized network needs more machines/nodes to work and serve the users & other nodes. All nodes are equal to each other and all nodes share the same data. If a node is down it has no affect at all in the network and the network will stay available.  
14
3. 3  
[](/posts/ftx-has-been-hacked-crypto-disaster-worsens-as-exchange-sees-mysterious-outflows-exceeding-600m-l-itoqbom "'FTX Has Been Hacked': Crypto Disaster Worsens as Exchange Sees Mysterious Outflows Exceeding $600M")  
Article  
![Avatar of hn](https://media.daily.dev/image/upload/t_logo,f_auto/v1/logos/hn)Hacker News · 4y  
'FTX Has Been Hacked': Crypto Disaster Worsens as Exchange Sees Mysterious Outflows Exceeding $600M  
More than $600 million was siphoned from FTX's crypto wallets late Friday. The collapse of FTX, already one of the most spectacular disasters in financial history, worsened as hundreds of millions of dollars were drained from the cryptocurrency exchange hours after it filed for Chapter 11 bankruptcy protection in the U.S.  
13  
1
4. 4  
[](/posts/learn-ethereum-blockchain-daily-and-keep-the-knowledge-awake-day-2-fooz8zo0h "Learn Ethereum Blockchain daily and Keep the Knowledge Awake :) — Day 2")  
Article  
![Avatar of coinsbench](https://media.daily.dev/image/upload/t_logo,f_auto/v1/logos/ba340d3c8caa4c2586911332928e24d9)Coins Bench · 4y  
Learn Ethereum Blockchain daily and Keep the Knowledge Awake :) — Day 2  
The purpose of ETH is to allow for a market for computation. Ether (ETH) is the native cryptocurrency of Ethereum. ETC is used to power transactions and smart contracts on its network. In the next article, we will be going to learn about these topics.  
10
5. 5  
[](/posts/what-is-a-51-attack-and-how-does-it-work-in-practice--bbpkm3drn "What Is a 51% Attack and How Does it Work in Practice?")  
Article  
![Avatar of hashnode_web3](https://media.daily.dev/image/upload/t_logo,f_auto/v1/logos/f11336242ced460395ddd42414f2e8b6)Hashnode Web3 · 4y  
What Is a 51% Attack and How Does it Work in Practice?  
A 51% attack is when a person, group, or entity gains control of 51% of a blockchain's hashing power. The method in which this is obtained is different for each consensus mechanism. The network has no choice but to choose the attacker's chain, as it requires an insane amount of computing power and, in turn, a lot of money.  
10  
2

[See all Bitcoin archives](/tags/bitcoin/best-of)

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