A somewhat technical explanation of how Bitcoin works. Want more? Check out my new in-depth course on the latest in Bitcoin, Blockchain, and a survey of the most exciting projects coming out (Ethereum, etc): https://app.pluralsight.com/library/courses/bitcoin-decentralized-technology.
Lots of demos on how to buy, send, store (hardware, paper wallet). how to use javascript to send bitcoin. How to create Ethereum Smart Contract, much more.
Shorter 5 min introduction: https://www.youtube.com/watch?v=t5JGQXCTe3c.
Written version: http://www.imponderablethings.com/2013/07/how-bitcoin-works-under-hood.html.
My Bitcoin address: 13v8NB9ScRa21JDi86GmnZ5d8Z4CjhZMEd.
Spanish caption translation by Borja Rodrigo, [email protected] , DFJWgXdBCoQqo4noF4fyVhVp8R6V62XdJx.
Russian caption translation by Alexandra Miklyukova.
Italian voice over: http://youtu.be/1aEf3qr7UdE
Italian captions translated by Simone Falcini, 1H5KdCnBooxfqpXtyQBBAKKRU7MkCZCVCe.
source
WOW. And I thought I had trouble with the current system. Fantastic video.
This one sums it up best if you have 22 minutes.
I'm still confused but more informed than before lol Thank you for the great, detailed break down!
Thank you. That was very useful.
Would the successful invention of quantum computing become problematic to bitcoin security?
with all the math involved I think it's evident that an American did not make bitcoin
Typo in slide heading: "Cyrpto" should be "Crypto" circa timestamp 15:00/22:24
you're the first person to have explained such a complex system in such a simple way .. thankyou for this vid !
fantastic work
Thanks. Nice tutorial
excellent explanation! and probably ahead of it's time ! Without all the fanboy hype about how revolutionary and disruptive (-_-) this technology is.
or just use normal money or paypal. its like a payment system for people of the basement haha.. too complicated for my ass.
Excellent ! Thank you!
NO ONE TALKS ABOUT WHAT AND WHERE THIS "BITCOIN NETWORK / DATABASE " IS ??? where is it ???????
Too complicated D ; my little brain couldn't handle it!!!
Fucking pharma ads for adhd…
excellent explanation! big thanks!
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This video is amazing. It answered so many of questions and provides a understandable yet in depth explain of bitcoin. Thank you for this awesome video.
amazing video. very descriptive. The other several videos i saw , gave me more questions , while all answering same questions . Thank you
Fantastic work! Dragon Mining recognizes this as a useful and informative video. 20 minutes worth watching if you're looking for an easy to understand technical explanation of how Bitcoin works.
After watching some awful videos that claimed to demystify Blockchain, i am happy to come across yours. Thank you!
Just a small nitpicky note: Addresses in Bitcoin are not exactly the public key. They are hashes of the public key of an address in base58
Brilliant Work , Thanks for sharing this information.
Its easy for the bankster and central banks to bring down bitcion to it's knees and outout business. IRS and Banks will treat bitccoin as an investment and will tax the hell out of it and they can also regulate bitcoin and other crypto currencies out of business. for bitcoins to work somewhat they will have to buy or own mastercard , visa or capital 1. american express. the creator of bitcoin is just like another pyramyd scheme
yo this shit is harder then calculus..
17:00 the system is vulnerable to humans getting smarter and maybe building a quantum computer
This is by far THE best explanation of how blockchain and bitcoin work. Thank you!
This seems more complicated than real money
Well done!!
so whoever the fuck wrote the equations is fucking KING. ILLUMINATI CONFIRMMEEDD!!!!!/_I
OMG! My neurons just fried.
This went way over my head. But I kept listening anyways.
The best explanation I have come across after much searching…Thanks!
wow, awesome, thank you so so much!
you make this too easy to understand. you need to talk faster to make video less boring to learn.