Blockchain - The Slowest - and Most Fascinating - Database in the World

Explore the fundamentals and implications of blockchain technology in this 47-minute conference talk from GOTO Amsterdam 2017. Delve into the core concepts of Bitcoin, including public and private keys, wallets, transactions, mining, and consensus mechanisms. Learn about Bitcoin Script, smart contracts, and the role of gas in running code on the blockchain. Examine alternatives to Bitcoin, private ledgers, and distributed consensus systems. Discuss the potential for blockchain to disrupt intermediaries and reduce costs, while also addressing concerns about fraud and vulnerabilities in cryptocurrencies like Bitcoin and Ethereum. Gain insights into the fascinating world of blockchain as both the slowest database and a revolutionary technology with far-reaching applications beyond virtual currencies.