Bitcoin’s network in one infographic

I have been looking for a one pager explaining the difference between users, miners, nodes and other participants on the bitcoin network.  I couldn’t find one so I attempted to draw my own.  Here it is.

Click on the image for a high-resolution copy you can download, share, copy and print.

Feedback very welcome!

Bitcoin's network

Bitcoin’s network

A gentle introduction to bitcoin

Important note: If you own more than $1,000 worth of cryptocurrency then you should definitely be using a hardware wallet instead of keeping coins on exchanges.  I recommend a Trezor which you can buy for €89 directly from their website.


This article is a gentle introduction to bitcoin and assumes minimal technical knowledge.

Shorter companion pieces to this are:

In the popular media, you will often read comments like “Bitcoins are stored in a digital wallet”, or “You can send money using blockchain technology”.  These comments can be misleading and can confuse.  By the end of this you should understand enough to participate in a dinnertime conversation about bitcoin, and not be mystified by the topic.

Continue reading