I guess this your own way of teaching yourself! because basically almost every one in this forum understand this basic part of bitcoin knowledge.
I suggest that you should learn more than teach.
Regards.
lol - not going to fault a new guy for attempting to make a quality post unless he says something wrong or damaging - and he didn't. 👍
while rudimentary, well known, and covered ad nauseum, what he stated was fundamentally sound. I'll take that over another scam or gambling post any day. 😉