Ever wonder how Bitcoin (and other cryptocurrencies) actually work?
Ever wonder how Bitcoin (and other cryptocurrencies) actually work?
[youtube https://www.youtube.com/watch?v=bBC-nXj3Ng4?rel=0&w=480&h=320]
The Bitcoin protocol and blockchains explained from the viewpoint of stumbling into inventing your own cryptocurrency.
Protocol Labs: https://protocol.ai/
Interested in contributing? https://protocol.ai/join/
Special thanks to the following patrons: http://3b1b.co/btc-thanks
Some people have asked if this channel accepts contributions in cryptocurrency form as an alternative to Patreon. As you might guess, the answer is yes :). Here are the relevant addresses:
ETH: 0x88Fd7a2e9e0E616a5610B8BE5d5090DC6Bd55c25
BTC: 1DV4dhXEVhGELmDnRppADyMcyZgGHnCNJ
LTC: LNPY2HEWv8igGckwKrYPbh9yD28XH3sm32
Supplement video: https://youtu.be/S9JGmA5_unY
Music by Vincent Rubinetti: https://soundcloud.com/vincerubinetti/heartbeat
Here are a few other resources I’d recommend:
Original Bitcoin paper: https://bitcoin.org/bitcoin.pdf
Block explorer: https://blockexplorer.com/
Blog post by Michael Nielsen: https://goo.gl/BW1RV3
(This is particularly good for understanding the details of what transactions look like, which is something this video did not cover)
Video by CuriousInventor: https://youtu.be/Lx9zgZCMqXE
Video by Anders Brownworth: https://youtu.be/_160oMzblY8
Ethereum white paper: https://goo.gl/XXZddT
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