Blockchain is the underlying technology behind cryptocurrencies bringing together Merkle trees, Hashing & Distributed Architecture. Christopher Ellis explains.
Note1 - At 6:46 when Chris is drawing the Merkle Tree, C would actually be duplicated and hashed with itself not with B. So you would get H(C - C) instead of H(B - C).
Note2 - At minute 17, Christopher mentioned the mining reward halving at 21,000 bitcoins but meant 210,000 blocks.
Public Key Encryption:
The Perfect Code:
This video was filmed and edited by Sean Riley.
Computer Science at the University of Nottingham:
Computerphile is a sister project to Brady Haran's Numberphile. More at #bitcoin finder #bitcoins supply
The Blockchain & Bitcoin - Computerphile [ts27Q9atFAS]
Blockchain is the underlying technology behind cryptocurrencies bringing together Merkle trees, Hashing & Distributed Architecture. Christopher Ellis explains.
Note1 - At 6:46 when Chris is drawing the Merkle Tree, C would actually be duplicated and hashed with itself not with B. So you would get H(C - C) instead of H(B - C).
Note2 - At minute 17, Christopher mentioned the mining reward halving at 21,000 bitcoins but meant 210,000 blocks.
Public Key Encryption:
The Perfect Code:
This video was filmed and edited by Sean Riley.
Computer Science at the University of Nottingham:
Computerphile is a sister project to Brady Haran's Numberphile. More at #bitcoin finder #bitcoins supply