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| November 16, 2018

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Bit Brighton Event Promises to Introduce Beginners to the Benefits of Crypto-Currency

Bit Brighton Event Promises to Introduce Beginners to the Benefits of Crypto-Currency
Andrew O'Connor

BitBrighton will host a range of workshops, speaker presentations and exhibitions aimed at beginner level ‘bitcoiners’.

Bitcoin uses peer-to-peer technology to operate with no central authority or banks; managing transactions and the issuing of bitcoins is carried out collectively by the network. Bitcoin is open-source; its design is public, nobody owns or controls Bitcoin and everyone can take part. Through many of its unique properties, Bitcoin allows exciting uses that could not be covered by any previous payment system.

“Virtual currencies, perhaps most notably Bitcoin, have captured the imagination of some, struck fear among others, and confused the heck out of the rest of us.” – Thomas Carper, US-Senator

If you take away all the noise around cryptocurrencies and reduce it to a simple definition, you find it to be just limited entries in a database no one can change without fulfilling specific conditions. This may seem ordinary, but, believe it or not: this is exactly how you can define a currency.

Take the money on your bank account: What is it more than entries in a database that can only be changed under specific conditions? You can even take physical coins and notes: What are they else than limited entries in a public physical database that can only be changed if you match the condition than you physically own the coins and notes? Money is all about a verified entry in some kind of database of accounts, balances, and transactions.

via: Tiger Pixel (Flickr)

via: Tiger Pixel (Flickr)

BitBrighton will be a flexible event, so you can come and go as you like. The event will open doors at 10:00AM for registration and talks and workshops will start at 10:30AM

Organisers are planning an after-party event, so the event will officially end at 7:30PM but then the after-party will start around 8:30PM. The after-party will finish around 2:00AM.

The venue will be Latest Music Bar, 14-17 Manchester St, Brighton BN2 1TF . Parking is available on St James Street and Madeira Drive near the venue and there is underground parking on Black Lion street, 5 mins away along the seafront.

You don’t need a ticket just turn up at the event. Organisers are booking tickets through Eventbrite for the workshops but these are free and are just to give an idea of numbers.

If you’re interested in the future of the digital economy and the disruptive power of crypto currency then this is an event that you can’t afford to miss.


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