Overview
Save Big on Coursera Plus. 7,000+ courses at $160 off. Limited Time Only!
Explore the fundamentals of cryptocurrency and blockchain technology in this informative 46-minute video lecture. Delve into the intricacies of Bitcoin transactions, mining processes, and the underlying blockchain structure. Learn about wallet automation, Merkle trees, hashes, and the various motivations behind cryptocurrency adoption. Gain insights into real-world applications, including the infamous Silk Road case, and understand the impact of digital currencies on modern finance and society. Conclude with a Q&A session to address any lingering questions about this revolutionary technology.
Syllabus
Intro
On Today's Docket
Background Concepts
Why use Cryptocurrency?
Transactions
Receiving Bitcoin
Dealing with leftovers
Transaction Block
Block Header
The Block Chain
Merkle Trees
Payment Verification
Merkle Tree Verification
Why Proof of Work
Wallet Automation
Case 1: Silk Road
Case 92: Sesame Credit
Questions
Taught by
White Hat Cal Poly