PPT-Is there a Theory behind Bitcoin?

Author : tawny-fly | Published Date : 2016-04-19

Thomas Holenstein ITS Science Colloquium Nov 6 2014 Goal of this Talk Part I What is Bitcoin Approach technical Requires digital signatures and random oracles

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Is there a Theory behind Bitcoin?: Transcript


Thomas Holenstein ITS Science Colloquium Nov 6 2014 Goal of this Talk Part I What is Bitcoin Approach technical Requires digital signatures and random oracles Goal of this Talk Part II Bitcoin research. most. pertinent aspects in a computer science perspective. Hugues Bersini . Jérémie Dubois-Lacoste. IRIDIA/ULB. Intro: My . three. . favourite. aspects. Distributed. – . Decentralized. – No . Cyryptocurrency Project Proposal - Spring 2015. SHA Use in Bitcoin. SHA256 used heavily as bitcoin’s underlying cryptographic hashing function. Two examples (of many) are its use in the Merkle tree hash, as well as the proof of work calculation. Barter. Goods *BECOME* Money. Acceptable. Durable. Portable. Scarce. Divisible. Recognizable. Gold Storage -> Paper Receipts. England, 17. th. Century. Safety for travelers. Charles I’s Royal Mint loan (1640). Digital Currency. Chaum’s. ideas in the 1980’s. All ideas required a central bank or . single point of trust. Chaum. started a company. DigiCash. in 1990. Bankrupt. in 1998. Lots of other companies you’ve never heard of have attempted digital cash. Bitcoin . Technology is Game . Changer. Bitcoin != bitcoin. . Decentralized != distributed. Censorship Resistant. Permission-less. Public transactions. Immutable . record. Standardize way to talk money. Field. Purpose. Updated when …. Size (Words). Version. Block version. number. You upgrade. the software and it specifies a new version. 1. hashPrevBlock. 256-bit hash of the previous block header. Non Centralized, unbacked Mathematical Algorithm that is Digitally exchangeable over a peer to peer network. . What is Bitcoin / Crypto Currency ? . In ENGLISH!. Mathematical code that can be exchanged as money between trusted partners. . What are the . limits to growth?. What are the . limits to growth?. P. opulation increases by a billion every . 12 or 13 years!. Population increases 200,000 per day . (350,000 . born . v. 150,000 die). Use our guide to find all supported exchanges and bitcoin ATMs within the United States for your state and local region quickly and efficiently. Download it now. Visit: https://www.smartbitcoininvestments.com/buy-bitcoin-in-united-states/ Use our guide to find all of the supported exchanges and bitcoin ATMs within the United Arab Emirates quickly and efficiently. Download it now. Visit: https://www.smartbitcoininvestments.com/buy-bitcoin-in-united-arab-emirates/ Use our guide to find all of the supported exchanges and bitcoin ATMs within Hawaii quickly and efficiently. Download it now. Visit: https://www.smartbitcoininvestments.com/buy-bitcoin-in-hawaii/ Use our guide to find all of the supported exchanges and bitcoin ATMs within Florida quickly and efficiently. Download it now. Visit: https://www.smartbitcoininvestments.com/buy-bitcoin-in-florida/ Use our guide to find all of the supported exchanges and bitcoin ATMs within Washington quickly and efficiently. Download it now. Visit: https://www.smartbitcoininvestments.com/buy-bitcoin-in-washington/ The Benefits of Reading Books,Most people read to read and the benefits of reading are surplus. But what are the benefits of reading. Keep reading to find out how reading will help you and may even add years to your life!.The Benefits of Reading Books,What are the benefits of reading you ask? Down below we have listed some of the most common benefits and ones that you will definitely enjoy along with the new adventures provided by the novel you choose to read.,Exercise the Brain by Reading .When you read, your brain gets a workout. You have to remember the various characters, settings, plots and retain that information throughout the book. Your brain is doing a lot of work and you don’t even realize it. Which makes it the perfect exercise!

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