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Bitcoin and cryptocurrency mining explained with the the Byzantine Generals Problem. The Byzantine Generals problem was first introduced in a computer science paper published in 1982. The problem discussed in the paper is that reliable computer systems must be able to function effectively in the presence of faulty components that may send conflicting information to different parts of the system.…
This video attempts to explain all about cryptocurrency wallets, addresses and how to transfer your cryptocurrency between wallets and exchanges. It may seem overwhelming at first, but after a few attempts you should find it a lot easier and more intuitive. Always make sure to send a small test amount of any transfer before you send large amounts. Cryptocurrency transfers…
Learn how to write your own Blockchain with JavaScript. This video shows you what is behind a blockchain by using simple code. It’s not a complete implementation, but enough to understand how blockchains work and how they guarantee that blocks can never be changed. After creating their blockchain, they try and tamper with it. This will demonstrate a blockchains ability…
What is the blockchain? If you don’t know, you should; if you do, chances are you still need some clarification on how it actually works. Don Tapscott is here to help, demystifying this world-changing, trust-building technology which, he says, represents nothing less than the second generation of the internet and holds the potential to transform money, business, government and society.…