Merge pull request #35 from atlantabitdevs/mastering-bitcoin-11-12

Mastering Bitcoin: Chapters 11 & 12

content/events/2024-05-29-mastering-bitcoin-chapters-11-12.md

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+---
+date: '2024-05-29'
+title: 'Mastering Bitcoin: Chapters 11 & 12'
+type: Doc
+---
+
+![Mastering Bitcoin](/mastering-bitcoin-11-12.jpg)
+
+Join our vibrant reading discussion group as we dive into <a href="https://www.amazon.com/Mastering-Bitcoin-Programming-Open-Blockchain/dp/1098150090?crid=3FFD1FN2H7TZF&keywords=mastering+bitcoin+3rd+edition&qid=1703963363&sprefix=mastering+bitcoin,aps,153&sr=8-1&ufe=app_do:amzn1.fos.006c50ae-5d4c-4777-9bc0-4513d670b6bc" target="_blank">Mastering Bitcoin</a>, the ultimate technical guide to understanding Bitcoin. Perfect for those eager to deeply grasp the intricacies of Bitcoin, this group combines a fun and supportive environment for learning complex technical concepts.
+
+Each week, we'll explore a different pair of chapters, enriching your self-reading experience. We'll provide thought-provoking questions ahead of each session to guide your reading and fuel engaging discussions. Our meetups are not just about discussing the book; they're about building a community of Bitcoin enthusiasts and builders.
+
+Discover, discuss, and delve into the world of Bitcoin with us. Your journey towards mastering Bitcoin starts here!
+
+<a href="https://www.meetup.com/atlantabitdevs/events/298230451/" target="_blank">RSVP for Meetup Here</a>
+
+## How It Works
+
+We recommend that you read up on the <a href="/page/mastering-bitcoin" target="_blank">event format</a> before you attend.
+
+## This Session
+
+In this session, <a href="#" target="_blank">somebody</a> will lead us through a discussion of:
+
+- Chapter 11: The Blockchain
+- Chapter 12: Mining & Consensus
+
+### Study Questions
+
+These questions are provided to help guide your thinking as read the material. We'll try to answer these together when we meet to discuss the chapter.
+
+#### Chapter 11: The Blockchain
+
+- What is a blockchain and how does it function in the context of Bitcoin?
+- How are blocks linked within the blockchain, and what role do cryptographic hashes play in this process?
+- Describe the structure of a block in the Bitcoin blockchain, including its main components.
+- What information is contained in the block header, and why is each field important?
+- Explain the significance of the genesis block and its unique properties.
+- How does the blockchain ensure security and immutability of transaction history?
+- What is a Merkle tree, and how does it facilitate transaction verification in the blockchain?
+- How do blockchain forks occur, and what happens during a fork?
+- Discuss the concept of block height and its implications for identifying blocks.
+- What are test blockchains like testnet, signet, and regtest, and why are they important for Bitcoin development?
+
+#### Chapter 12: Mining & Consensus
+
+- What is the primary purpose of Bitcoin mining, beyond the creation of new bitcoins?
+- How does mining contribute to the security and consensus of the Bitcoin network?
+- Explain the concept of proof-of-work and its role in mining.
+- What are the components of the coinbase transaction, and how does it differ from regular transactions?
+- Describe the process by which miners add new blocks to the blockchain.
+- How does the block reward change over time, and what is the significance of the halving events?
+- What happens to the block reward and miner incentives after all bitcoins have been mined?
+- Discuss the importance of transaction fees in the long-term sustainability of the mining process.
+- How does decentralized consensus work in the Bitcoin network?
+- What criteria must a Bitcoin transaction meet to be considered valid and included in a block?