The past few years have been – and still are – an amazing period of mentions, analyses and debates regarding Bitcoin as a payment system. There is an article on this topic in the media every day (that is no over-statement) and new Bitcoin payment apps have made it easier for people to get familiar with and use this digital currency.

“What is Bitcoin” “How does Bitcoin work?” “How do I get one?” are only some of the most asked questions on the internet. Everybody thinks they have a vague idea of what it means. However, in spite of the buzz and hype surrounding it, nobody can fully understand Bitcoin and the technology behind it only on the first try.

We have created an infographic in which we explain how a Bitcoin transaction works, in order to help you navigate the crypto waters. We consider it a good starting point on the Bitcoin basics. We hope you will find it useful.

To get more insights into this hot industry topic, feel free to check our previous articles: “Should Your eCommerce Store Accept Bitcoin?” and “Bitcoin in Europe: Why the Controversial Take?