Bitcoin is everything we don’t understand about computers, along with everything we don’t understand about money.
We will go through the main components that make the Bitcoin network and Blockchain work in an open way (anyone can participate), a transparent way (anyone can check), and all this without any centralized authority, everything happens peer-to-peer.
It is certainly an iterative process of understanding the different components and the way they are used to make the system work.
This presentation has technical and non-technical parts, and I’ll talk a little about the economic part as well.
If you want, you can send me a Bitcoin tip here:
33Qj37FtdPMEeL99vCHv35rKdtCMezEVUt
00:00 Intro
00:28 More than I expected
01:42 Money
02:24 History
05:12 Ledger
06:00 Cryptography
07:07 Consensus
10:11 Blockchain & Network
17:52 Hash Functions
19:29 Proof of Work Mining
32:18 Immutability
39:15 Issuance Rate
42:43 End & What is Next
These works, and many others, were great resources in helping me get educated about the Blockchain technology:
Mastering Bitcoin: Programming the Open Blockchain
https://www.goodreads.com/book/show/35432045-mastering-bitcoin
MIT 15.S12 Blockchain and Money, Fall 2018
https://www.youtube.com/playlist?list=PLUl4u3cNGP63UUkfL0onkxF6MYgVa04Fn
(Reuploaded to change some wording about Blocks of Transactions, that could confuse newcomers. The first version of this video was uploaded on 15 nov. 2020)