Bitcoin and Smileycoin basics

Operating a wallet

A wallet is a computer program (or app) which handles the user’s funds.

From the user’s side, the basics of operating a wallet are made extremely simple.

With a click of a button the user can

  • Request funds

  • Send funds

Transmissions of funds are sent out as transactions.

If Alice wants to send a transaction to Bob, her wallet needs information on where to send the transaction.

If Alice requests funds from Bob then Alice’s wallet will typically show a QR-code which Bob’s wallet can scan to set up the required transaction.

A short video introduction is available.

The block and block explorers

A simple block (SMLY block 361698)

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Contains two transactions.

See https://chainz.cryptoid.info/smly/

and https://blocks.smileyco.in/

Video demonstration:

https://www.youtube.com/watch?v=a7EhHyWCrU4&index=4&list=PLzTQcKBiNWB3E7nh5egXI_PaHW1MLnXy8

The transaction

The transactions

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Where we come from (a): the tutor-web

The tutor-web is an educational resource, mainly developed at the University of Iceland.

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A short video introduction is available, giving an overview of the tutor-web SmileyCoin and Education in a Suitcase.

Where we come from (b): Education in a Suitcase

eias

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Non-profit organisation, registered in Iceland as Styrktarfélagið Broskallar

Purpose: Raise funds to donate educational tech to low-income regions

Where we come from (c): SMLY

smly

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Primary purpose: Rewarding students in the tutor-web system

Long term goal: Provide $1/day for low-income students

Overview

The handout lists homework.

Your instructor will give more detail. Handout ——-

Homework: Add some material to any single subsection of this section.