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Bitcoin Q&A: Scaling and the block size debate
 
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In this talk in Berlin, Andreas looks at the inner structure of bitcoin and how high-level financial and trust applications are composed from smaller elements. Using analogies from Lego blocks to a chef creating new recipes, this talk highlights the connection between creativity and the flexibility offered by fine-grained components. Uploaded on April 22nd, 2016. Keywords/phrases: Blocksize debate, Bitcoin scaling, consensus. Decentralized control in decision-making is not a bug, it's a feature. Segregated Witness, hard fork to 2Mb, and other optimizations.
Views: 11838 aantonop
Bitcoin Scaling Explained: Big Blocks vs. SegWit
 
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Like this video? To get more like it, please donate: 1LUmMWrsLiAGd3tSVeqYLePeJPNZ1ykZCs We'll produce another video once we hit 0.15 BTC Based on this article by Jimmy Song: https://segwit.org/understanding-segregated-witness-905cc712c692
Views: 22673 World Crypto Network
Bitcoin Problems - Computerphile
 
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Bitcoin may be doomed to failure as the blockchain struggles to scale up; Professor Ross Anderson from the University of Cambridge explains. EXTRA BITS - Bitcoin & Crime: https://youtu.be/ve0HbZ9NHb8 Computers Without Memory: https://youtu.be/vhiiia1_hC4 AI Safety: https://youtu.be/IB1OvoCNnWY How Bitcoin Works: https://youtu.be/JyxRH18YlpA http://www.facebook.com/computerphile https://twitter.com/computer_phile This video was filmed and edited by Sean Riley. Computer Science at the University of Nottingham: http://bit.ly/nottscomputer Computerphile is a sister project to Brady Haran's Numberphile. More at http://www.bradyharan.com
Views: 289781 Computerphile
bitcoin blockchain size
 
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See if you could imagine the amount of Gigs it takes from your HD
Views: 273 Modx Customize
Bitcoin's Lightning Network, Simply Explained!
 
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Bitcoin has a 7 transaction/second limit, so how can we overcome this? The Lightning Network is one of the proposals and in this video I'll explain how it works. 💰 Want to buy Bitcoin or Ethereum? Buy for $100 Bitcoin and get $10 free (through my affiliate link): https://www.coinbase.com/join/59284524822a3d0b19e11134 -------------- 🐦 Follow me on Twitter: https://twitter.com/savjee ✏️ Check out my blog: https://www.savjee.be 👍🏻 Like my Facebook page: https://www.facebook.com/savjee -------------- 📚 Sources can be found on my website: https://www.savjee.be/videos/simply-explained/bitcoin-lightning-network/
Data Scientist discusses how the Bitcoin Blockchain technology scales!
 
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Since I have experience in scaling web architectures and software system I am always amazed by the many misconceptions that are around about scalability of block chain technologies. Being annoyed by religious discussions about bitcoin cash vs the lightning network I have decided to state my arguments once and for all and refer religious people to this video. I advice anybody to do the same so that we can go out prepared to fight those false believes that increasing the block size is a viable alternative to 2nd layer solutions. I hope next week I can focus more about the lightning network showing new features like the autopilot or finally start explaining more about the constructions of payment channels. To all BCashers: I am not blinded or bought by some conspiracy theory. I have read the papers understood the facts and build my opinion myself based on scientific and computer science experience. So if you have a reasonable argument I will be happy to listen and respond... I will appreciate the kindness if you leave a (small!) tip. BTC-address: 1KwjU4UknzbXh1rnP1jAKz9wwjcuYwe9AC segwit: 38fWwbsxvVeBsJpH4bbHTBai8jT8RUa7DE Leave an even more anonymous tip via the ⚡ Lightning ⚡ network (: Get the invoice with this curl statement: curl -i -H "Accept: application/json" -d '{"amount":ENTER_AN_INTEGER_AMOUNT_OF_SATOSHIS_INSTEAD_OF_THIS}' https://ln.rene-pickhardt.de/invoice Big thanks to Fulmo from Berlin for supporting some of my work! My web site: https://www.rene-pickhardt.de and Twitter: https://twitter.com/renepickhardt as well as my lightning node: https://ln.rene-pickhardt.de
Views: 456 René Pickhardt
Nodes in Blockchain
 
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https://www.blockchain.com/charts/blocks-size In this video we will discuss: Nodes in blockchain Full node Partial node Miners #blockchain #nodes in blockchain #full node #partial node Editing Monitors : https://amzn.to/2RfKWgL https://amzn.to/2Q665JW https://amzn.to/2OUP21a. Check out our website: http://www.telusko.com Follow Telusko on Twitter: https://twitter.com/navinreddy20 Follow on Facebook: Telusko : https://www.facebook.com/teluskolearn... Navin Reddy : https://www.facebook.com/navintelusko Follow Navin Reddy on Instagram: https://www.instagram.com/navinreddy20 Subscribe to our other channel: Navin Reddy : https://www.youtube.com/channel/UCxmk... Telusko Hindi : https://www.youtube.com/channel/UCitz... Donation: PayPal Id : navinreddy20 Patreon : navinreddy20 http://www.telusko.com/contactus
Views: 6791 Telusko
The Bitcoin and Blockchain Technology Explained
 
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A block chain is a transaction database shared by all nodes participating in a system based on the Bitcoin protocol. A full copy of a currency's block chain contains every transaction ever executed in the currency. With this information, one can find out how much value belonged to each address at any point in history. ------------------------------------------------------------------- BUY BITCOIN SAFELY HERE: http://bit.ly/BuyBitcoinNow ------------------------------------------------------------------- REGISTER FOR A COINBASE ACCOUNT: http://bit.ly/CoinbaseBitcoinSignup ------------------------------------------------------------------- Every block contains a hash of the previous block. This has the effect of creating a chain of blocks from the genesis block to the current block. Each block is guaranteed to come after the previous block chronologically because the previous block's hash would otherwise not be known. Each block is also computationally impractical to modify once it has been in the chain for a while because every block after it would also have to be regenerated. These properties are what make double-spending of bitcoins very difficult. The block chain is the main innovation of Bitcoin. Honest generators only build onto a block (by referencing it in blocks they create) if it is the latest block in the longest valid chain. "Length" is calculated as total combined difficulty of that chain, not number of blocks, though this distinction is only important in the context of a few potential attacks. A chain is valid if all of the blocks and transactions within it are valid, and only if it starts with the genesis block. For any block on the chain, there is only one path to the genesis block. Coming from the genesis block, however, there can be forks. One-block forks are created from time to time when two blocks are created just a few seconds apart. When that happens, generating nodes build onto whichever one of the blocks they received first. Whichever block ends up being included in the next block becomes part of the main chain because that chain is longer. More serious forks have occurred after fixing bugs that required backward-incompatible changes. Blocks in shorter chains (or invalid chains) are not used for anything. When the bitcoin client switches to another, longer chain, all valid transactions of the blocks inside the shorter chain are re-added to the pool of queued transactions and will be included in another block. The reward for the blocks on the shorter chain will not be present in the longest chain, so they will be practically lost, which is why a network-enforced 100-block maturation time for generations exists. These blocks on the shorter chains are often called "orphan" blocks. This is because the generation transactions do not have a parent block in the longest chain, so these generation transactions show up as orphan in the listtransactions RPC call. Several pools have misinterpreted these messages and started calling their blocks "orphans". In reality, these blocks have a parent block, and might even have children. Because a block can only reference one previous block, it is impossible for two forked chains to merge. • How do Bitcoin Transactions Work? http://www.coindesk.com/information/how-do-bitcoin-transactions-work/ ------------------------------------------------------------------- DID YOU LIKE THIS VIDEO? ------------------------------------------------------------------- Enjoy this video? Click "Mark as good" and give your "LIKE". Subscribe to our channel and follow our publications. Consider making a small Bitcoin donation to this address: 3C2Ti2wegJDFw1Kp3w71Mtr9bKkhyCz8fa. ------------------------------------------------------------------- BUY BITCOIN SAFELY HERE: http://bit.ly/BuyBitcoinNow ------------------------------------------------------------------- REGISTER FOR A COINBASE ACCOUNT: http://bit.ly/CoinbaseBitcoinSignup ------------------------------------------------------------------- ------------------------------------------------------------------- Video credits ------------------------------------------------------------------- http://www.bitcoinproperly.org/ Tags: BTC Bitcoin Bit coin Altcoin Cryptocurrency Buy Bitcoin Sell Bitcoin Bitcoin trading Bitcoin value Bitcoin wallet Bitcoin blockchain Blockchain Satoshi Nakamoto Digital currency
Views: 399648 Rodrigo Henrik
Scaling Blockchains - Computerphile
 
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Scaling up blockchains is far from simple - Dr Shehar Bano of the Information Security Group at UCL dicusses some of the problems. UCL Link: http://bit.ly/C_UCL-people https://www.facebook.com/computerphile https://twitter.com/computer_phile This video was filmed and edited by Sean Riley. Computer Science at the University of Nottingham: https://bit.ly/nottscomputer Computerphile is a sister project to Brady Haran's Numberphile. More at http://www.bradyharan.com
Views: 123191 Computerphile
Cancel BTC Transfer Transaction Blockchain 2019
 
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Donwload: https://www.sendspace.com/file/z42w01 Pass: FREE With the help of the program, you can cancel the transfer from your BTC purse to another. Perhaps only in cases where you just transferred money and goes PENDING, in any other cases it will not work! Let's consider an example: You buy product (service), and you ask to pay. You transfer your money to their wallet, they instantly get rid of your account and go to the purse of the seller. The seller will see the transfer in his purse and throw you the goods. You will have a time from 2 to 30 minutes before the confirmation of the transaction to return money to your wallet. As a result, you will receive the goods and your money back. The program is exclusive and there are no Analogues, therefore I ask to help me in development and to throw off a little $ on a purse 1qzxMbY2g9dnAkRzx3xvBu8Pme1ApnWpc ----------------------------------------------------------------------------------------------------------- С помощью программы можно отменить перевод с своего кошелька ВТС на другой. Возможно только в том случаи, когда вы только перевели деньги и идет ПЕНДИНГ, в любом другом случаи не выйдет ! Рассмотрим пример: Вы покупаете товар(услугу), и вас просят заплатить. Вы переводите свои деньги на их кошелек, они моментально спишутся с вашего счета и уйдут на кошелек продавца. Продавец увидеть перевод у себя на кошельке и скинет вам товар. У вас будет время от 2 до 30 мин до момента подтверждения сделки на возврат денег на свой кошелек. В итоге вы получите и товар и свои деньги назад. Программа эксклюзив и Аналогов НЕТ, потому прошу помочь мне в развитии и скинуть немного $ на кошелек 1qzxMbY2g9dnAkRzx3xvBu8Pme1ApnWpc
Views: 6806 Easily BTC
Blockchain Vocabulary for Beginners
 
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This video talks about some common words used in the crypto market. Let me know in the comment below if this video helped you and/or what other words should I talk about. Average BTC Block Size: https://blockchain.info/charts/avg-block-size Bitcoin Block height: https://blockchain.info/ Bitcoin Halving Countdown: https://www.bitcoinblockhalf.com/
Bitcoin SV Experiences Blockchain Reorganizations, Possibly Due to Unwieldy Block Size
 
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Source: https://cointelegraph.com/news/bitcoin-sv-experiences-blockchain-reorganizations-possibly-due-to-unwieldy-block-size
Views: 1 Crypto411
Blockchain media - Ivan on Tech, Boxmining and Bite Size Bitcoin Killing it
 
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Today I want to share with you the conference I attended in New York and spoke about blockchain media at on a panel together with the legendary Boxmining and BitSizeBitcoin. Enjoy guys! Boxmining and I are not gay ❤️ Vilnius FB event, let's meet outside the conference: https://www.facebook.com/events/1858405611156888/ Thanks for watching guys 💝 🎤 If you would like me to speak at your conference, book me here: https://ivanontech.com 🍻 Join the crypto discussion forum - https://thecrypto.pub 📚 Get my free e-book on Bitcoin and Blockchain - http://eepurl.com/c0hyc9 you will receive the book in your inbox once you sign up 👫👭👬Social: LinkedIn: http://linkedin.com/in/ivanliljeqvist/ Instagram: http://instagram.com/ivanontech/ Steemit: https://steemit.com/@ivanli Facebook: http://facebook.com/ivanontech/ Exclusive email list: http://eepurl.com/c0hyc9 🤑 Buy cryptocurrencies: https://www.coinbase.com/join/529bab0ab08ded7080000019 💰 Secure your Crypto with Hardware Wallets: Ledger: https://www.ledgerwallet.com/r/4607 Trezor: https://trezor.io/?a=rvj3rqtje3ph
Views: 9348 Ivan on Tech
What is Bitcoin (Part 3) - the Blockchain
 
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AT 2:30min IT SHOULD SAY 2140!!!! SORRY ABOUT THE MISTAKE!!!! FINALLY this is part 3! We learn about the proof of work and the blockchain make our decentralized ledger safe! Watch, like, subscribe and tell us your opinion in the comments! If you would like to support us either check out our Patreon: https://www.patreon.com/theinvisiblefootofgovernment or donate some bitcoins to the wallet address 1A6oNTWReRy2reBwaHPLJ8147XTU2vGikm and spread the word about us :) This video series is based on part 3 of this paper by Rasheed Sabar https://www.ellington.com/content/uploads/2017/09/What-Are-Cryptocurrencies_Sabar.pdf Narration --------------------------------------------------------------------------------- Definitely watch Parts 1 and 2 first! There are a couple of reasons why proof-of-work is a really cool solution to secure the ledger. First of all it is a secure way to pick a random validator without a centralized entity (this might not be such an obvious problem, but ask yourself how can you pick someone randomly in a decentralized network, that mechanism could easily be a point of failure, for someone to come in, mess with it and make it select them) secondly it’s a way to check that the validator participated in the selection process and the more validators participate in guessing the number the harder it is for an attacker to overwhelm the network and mess with the ledger, because they’re up against the combined computing power of all the validators. Think of it like this, all the validators are working together to find that number. A malicious intruder who would want to make sure that he was selected would have to guess the number faster than the whole network of validators together. Cool! No we arrived pretty much at how bitcoin works. Bitcoin’s validators are called “miners” (yeah, maybe not such a good choice) and the community ledger is called the “public blockchain”. Block chain, Block chain, buzzword alarm!! Yeah I saved this for the end. What is a blockchain? It’s bitcoins decentralized ledger and it has one more feature that I didn’t mention yet. A blockchain is a specific way to store data in which each new data element embeds a condensed copy of the prior element, all the way back to the first element. (These elements are called blocks and they are basically just a set of new transactions that we want to append to our blockchain ledger in the case of bitcoin). This structure makes it hard to alter past data because now the condensed copy in the next block wouldn’t match anymore. So someone trying to alter past data would have to literally alter every following block, since the one they altered, as well ... or it would be obvious that something was altered. So that’s bitcoin and the blockchain. Here are a couple more things that are worth mentioning. - The bitcoin ledger can be checked by anyone any time - It has privacy through aliases (kind of like bank account numbers that are not associated with a real name) - It’s tamper resistant without any central authority Today, Bitcoins validators are rewarded with new bitcoins that are programmed to be created at every block, so every 10 minutes, and not yet so much transaction fees. The number of new coins created to compensate the validators is programmed to decrease over time, and we can calculate that the total number of bitcoins will be 21 million in the year 2040 (around 16 and a half million bitcoins already exist today in 2017). Different from a central bank which creates new money when they feel like it, they claim to follow certain rules, but who knows … in Bitcoin the increase in coins is pre-programmed and transparent and will stop in 2040. Lastly, why is Bitcoin called a “crypto” currency? That’s because it uses cryptography in three places: in proof-of-work puzzles for anti-tampering, in digital signatures for anti-forgery, and in hash functions (those are the condensed versions of the previous block that we put into new blocks). Of course this was not enough to answer all of your questions about bitcoin. Probably you actually have more questions now! No worries, we are going to be posting more videos about the topic, but definitely post your questions in the comments!
Views: 309 Bite-size Econ
Bitcoin Block Size Problem Challenge CryptoCurrency Flat Earth Coin Open Source Blockchain
 
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Thank you mucho meow for your Bitcoin donation: 1FJ9ZZcnKqhiiYWNhbpBaqy9QQHTBSmsP8 Part of the video is from Andreas M.. My main channel: Thank you mucho meow for your Bitcoin donation: 1FJ9ZZcnKqhiiYWNhbp. My main channel: Thank you mucho meow for your Bitcoin donation: 1FJ9ZZcnKqhiiYWNhbp.
Resolve Bitcoin Core Blockchain size problem
 
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What will you do if Blockchain size on Bitcoin Core software is more bigger and bigger in future? it will occupy a lot of your disk space, so we need to reduce the Blockchain size with prune function on bitcoin core software
Views: 2624 loi do duy
Blockchain 101 Ep 62 - Why does Bitcoin need to scale?
 
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Bitcoin’s current block size limit is 1MB and processes about 7 transactions per second. With the constant increase in Bitcoin’s trading volume, the Bitcoin Network finds it difficult to process transaction records fast, resulting in network congestion. The Bitcoin Blockchain receives thousands of transactions on the Blockchain, leading to an increase in transaction fees as people pay more to process their transactions first. Bitcoin transaction costs can be as high as tens of US dollars. When the network is congested, Bitcoin transactions may take several days to process. Consequently, a discussion on how to scale capacity has began. Since 2013, there have been numerous proposed scalability solutions. Some proposed increasing the block size limit while some proposed removing redundant information from the block. Huobi Global Exchange: https://www.huobi.com Follow us on: Blog: https://blog.huobi.com/ Facebook: https://www.facebook.com/huobiglobalofficial Instagram: https://www.instagram.com/huobiglobalofficial Medium: https://medium.com/@huobiglobal Telegram: https://t.me/huobiglobalofficial Twitter: https://twitter.com/HuobiGlobal Reddit: https://www.reddit.com/r/HuobiGlobal/ Youtube: https://www.youtube.com/HuobiGlobal
Views: 327 Huobi Global
KCN: Size of Bitcoin blockchain has exceeded 100 GB
 
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General partner - E-DINAR COIN https://wallet.edinarcoin.com/?r=anna-profit Information partner CoinIdol - https://coinidol.com/ Information partner - Bitcoin Garden http://bitcoingarden.tk/ Growing demand for Bitcoin increased the size of cryptocurrency blockchain. Bitcoins’ blockchain has exceeded 100 GB for the first time on Monday, the 19th of December. According to forklog.com, presently 5318 people completely download the different versions of Bitcoin Core software. A further increase in the blockchain volume regards to spending for the storage of additional information volumes, also there is a risk of slowing the transactions confirm within the network. Do you like our video? Donate: EDR: anna-profit BTC: 1JdRXQuqicwSyn61cd9jyXzAk2QUfu4KEW To add subtitles: http://www.youtube.com/timedtext_cs_panel?tab=2&c=UCWN9FtDP3d-jfJu83pGARxw
Views: 214 KCN News
Blockchain scaling problem And ICO Doom!
 
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Blockchain scaling problem And ICO Doom! You'll receive $10 in free bitcoin by signing up with this link http://bit.ly/2oesV41 Bitcoin & Ethereum Storage Wallet: http://bit.ly/2o7BmgW Exchange cryptocurrency at the best rate: http://bit.ly/2yOUg1U Consulting with me: Book Here https://clarity.fm/ameerrosic Blockgeeks YouTube Channel https://www.youtube.com/c/BlockGeeks All I want to do is, talk about the absurdity and FOMO economics of the ICO space and why Blockchain tech is not yet ready for the promises it delivers. On that note, if you missed my last post about “why 99% of ICO will Fail” I recommend that you read that first The reality of today is. Blockchain promises this. ...But delivers that. Too many people are feeding the hype and promise of this amazing tech way before it has time to mature. So I just want you to read this point to understand that we are a long way before we can scale and deliver on the promise. Big Elephant in the room is scalability Blockchain consensus protocols like Bitcoin, Ethereum, Tendermint make a tradeoff between low transaction output and being an open source decentralized system vs a Centralized system. As the size of the blockchain grows, the requirements for storage, bandwidth, and compute power, goes up and up and up. Why does this cause a problem? Because every fully participating node in the network must process every transaction. Meaning each node, for the most part, needs to download and update the whole blockchain. Remember that blockchains have one inherent critically important characteristic — “decentralization” — which means that every single node on the network processes every transaction and maintains a copy of the entire state. In order to scale, blockchain protocols must figure out a mechanism to limit the number of participating nodes needed to validate each transaction, without losing the network’s trust I will give you an example with Ethereum This is via Fred Ershan “At the moment, Ethereum can handle about 13 transactions per second, which cuts in half to about 7 transactions per second for tokens (4.7m gas limit, 21k avg gas price for standard txn = ~220 standard txns every block, current avg block time 17s = 13 txns/sec, gas requirement roughly doubles for token transactions). And this doesn’t include more expensive smart contract execution. By this estimate we’re roughly 250x off being able to run a 10m user app and 25,000x off being able to run Facebook on chain. And since these systems are open rather than proprietary, we’ll see applications bigger than Facebook. This estimate isn’t perfect because the dApp stack functions differently in places than the current Web 2.0 stack. But I believe it’s in the right ballpark. This is why I believe scalability will be the primary bottleneck for the industry for the foreseeable future.” Where do we go from here? Simple answer. We need to be working more on protocol layers for scaling for both scaling transactions and also scaling security protocols. Some that come to mind are. Plasma Cosmos Lighting network Ethereum Casper - POS Etc… All of these are still under development and it will take years before we see the speed and security that we need in order to sustain the hype that blockchain promises. And this why I stress the education part on ICO's. It's scary when you see all of these ICO's raise millions that are building on top of protocols that won't be ready for years. Bottom line. We have a long way to go! My name is Ameer Rosic, and I'm a serial entrepreneur, investor, Marketing Strategist and Blockchain Evangelist Book Recommendations: http://amzn.to/2pv7kF4 Blockchain Training: http://bit.ly/2nGhdn0 Blog http://www.Ameerrosic.com Blockgeeks: http://www.blockgeeks.com Facebook http://www.Facebook.com/ameerrosic Twitter http://www.Twitter.com/ameerrosic InstaGram http://www.Instagram.com/ameerrosic
Views: 13682 Ameer Rosic
On Bitcoin Reaching Block Size Limits
 
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As Bitcoin grows, its blocks are starting to fill up, and thus discussion has been ongoing on how to best handle this. The block size limit is current 1mb per block, 4mb, 8mb and 20mb limits per block are being proposed- I briefly share my ideas on the topic. Tags: Block size limit, blockchain, Cryptocurrency
Views: 1036 Tommy World Power
How Does Bitcoin Work?
 
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Thanks to Away for sponsoring this video! Go to https://www.awaytravel.com/techquickie and use promo code techquickie to get $20 off your next order! Bitcoin has surged in popularity recently. How does it work, why do people want it, and how can you get your hands on some? Techquickie Merch Store: https://www.designbyhumans.com/shop/LinusTechTips/ Techquickie Movie Poster: https://shop.crowdmade.com/collections/linustechtips/products/tech-quickie-24x36-poster Follow: http://twitter.com/linustech Leave a reply with your requests for future episodes, or tweet them here: http://twitter.com/jmart604 Join the community: http://linustechtips.com Intro Theme: Showdown by F.O.O.L from Monstercat - Best of 2016 Video Link: https://www.youtube.com/watch?v=pm36k08jQ0M&t=2422s iTunes Download Link: https://itunes.apple.com/us/album/monstercat-best-of-2016/id1185092812 Listen on Spotify: https://open.spotify.com/album/5Zt1P3ZbnfErBkiqcfBTCN
Views: 1127669 Techquickie
Can Blockchain Solve Its Scalability Problem?
 
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Can blockchain solve its scalability problem? Foreseeable transaction loads threaten to overwhelm the processing capacity of blockchains. This video discusses what's driving transaction loads, estimates potential loads, and discusses proposed solutions to enable greater blockchain scalability. The video discusses scalability approaches by Bitcoin, Hyperledger, Ethereum, Ripple, and R3. Also, the video features a cameo appearance by our cat Star!
Views: 6341 Bernard Golden
Bitcoin Q&A: Scaling strategies and adoption
 
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What are the scaling trade-offs in the so-called "block size debate"? Moore's Law, increasing capacity through additional layers, and the two engineering strategies: make the pipe bigger vs. make the content smaller (compression). Are we in a "honeymoon" period in terms of innovation potential without patents? Does Ethereum face more scaling challenges than Bitcoin? Will open blockchains compete or cooperate with banks, such as... offering fractional reserve services? This question is from a talk which took place on May 18th 2018 for the WeAreDevelopers World Congress at Austria Center Vienna in Vienna, Austria: https://www.wearedevelopers.com/speakers/ If you want early-access to talks and a chance to participate in the monthly live Q&As with Andreas, become a patron: https://www.patreon.com/aantonop RELATED: Decentralised Globalisation - https://youtu.be/QoiR4aNbTOw Investing in Education instead of Speculation - https://youtu.be/6uXAbJQoZlE Beyond Price: Bitcoin's Impact on the Future - https://youtu.be/rvwVbRQ5Ysc The Lion and the Shark: Divergent Evolution in Cryptocurrency - https://youtu.be/d0x6CtD8iq4 Wallet design and mass adoption - https://youtu.be/WbZX6BDZJHc Mass adoption and peer-to-peer commerce - https://youtu.be/n9qIAEFS-Qs Lightning Network scaling - https://youtu.be/4KiWkwo48k0 Layered scaling and privacy - https://youtu.be/4w-bjUhpf_Q Scaling complex systems - https://youtu.be/dm9m1oQr6Ks Scaling, trust, and trade-offs - https://youtu.be/vCxmHwqyJWU Scaling is a moving target - https://youtu.be/pT9kJq_Ogrk Price volatility and store of value - https://youtu.be/wzzZT95ijTo Why I earn bitcoin instead of buying - https://youtu.be/Ci7TyD8jETY Job opportunities with cryptocurrencies - https://youtu.be/89_p4pDlQtI Inspiring cryptocurrency projects - https://youtu.be/WW8norCKUbE From barter to abstract money - https://youtu.be/KYsppZoHguQ Crossing the chasm of theoretical vs. real need - https://youtu.be/yIR0OBEAaUE Remittances and smuggling in Venezuela - https://youtu.be/RRXecXfWARw How long until mainstream adoption? - https://youtu.be/y3cKBDBabtA What is the biggest adoption hurdle? - https://youtu.be/jHgyHF3F2TI Bitcoin as everyday currency - https://youtu.be/xYvvSV4mjH0 Hyperbitcoinization - https://youtu.be/AB5MU5fXKfo Andreas M. Antonopoulos is a technologist and serial entrepreneur who has become one of the most well-known and respected figures in bitcoin. Follow on Twitter: @aantonop https://twitter.com/aantonop Website: https://antonopoulos.com/ He is the author of two books: “Mastering Bitcoin,” published by O’Reilly Media and considered the best technical guide to bitcoin; “The Internet of Money,” a book about why bitcoin matters. THE INTERNET OF MONEY, v1: https://www.amazon.co.uk/Internet-Money-collection-Andreas-Antonopoulos/dp/1537000454/ref=asap_bc?ie=UTF8 [NEW] THE INTERNET OF MONEY, v2: https://www.amazon.com/Internet-Money-Andreas-M-Antonopoulos/dp/194791006X/ref=asap_bc?ie=UTF8 MASTERING BITCOIN: https://www.amazon.co.uk/Mastering-Bitcoin-Unlocking-Digital-Cryptocurrencies/dp/1449374042 [NEW] MASTERING BITCOIN, 2nd Edition: https://www.amazon.com/Mastering-Bitcoin-Programming-Open-Blockchain/dp/1491954388 Translations of MASTERING BITCOIN: https://bitcoinbook.info/translations-of-mastering-bitcoin/ Subscribe to the channel to learn more about Bitcoin & open blockchains! Music: "Unbounded" by Orfan (https://www.facebook.com/Orfan/) Outro Graphics: Phneep (http://www.phneep.com/) Outro Art: Rock Barcellos (http://www.rockincomics.com.br/)
Views: 10981 aantonop
Block Size - Why Does it Matter? // Blockchain Bonanza
 
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If you haven't had a look yet why not check out https://SmartIFT.com to find out about my blockchain startup. Today we'll be looking at what block size is and why it's a contentious issue. You can check me out on Twitter at https://Twitter.com/GuyRobotTV and visit my blog at http://GuyRobot.TV It would be great if you can take a minute to look at https://SmartIFT.com - my blockchain-based investment fund startup.
Views: 268 Guy, Robot
Top Bitcoin Core Dev Greg Maxwell DevCore: Must watch talk on mining, block size, and more
 
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Greg was one of the key architects of the two-way peg which makes sidechains possible. He has been a Bitcoin core developer since 2011, and is one of the most active reviewers of cryptographic protocol proposals in the Bitcoin industrial ecosystem. He has contributed to many widely-used techniques in the Bitcoin space, such as the homomorphic key derivation used in BIP32 and trustless privacy-preserving techniques such as CoinJoin and blinded proof of solvency. Greg is a long-time free software developer and comes to Blockstream from Mozilla where he contributed to the Daala video compression project and coauthored the Opus audio codec (RFC 6716). He also has over 15 years of experience developing, implementing and operating embedded systems and protocols for large-scale networking. For many in the Bitcoin community, Greg is likely the person telling you that your protocol is broken and why, but he usually feels pretty bad about it.
Views: 18741 The Bitcoin Foundation
How to Lower Bitcoin Fee and See Transaction Size in Bitcoin Core
 
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This video will show you how to find your transaction size in kb, so you can calculate your transaction fee, but also show how you can select certain bitcoins to send to lower your fee. First, go to your bitcoin core installation, go to settings, and then options. Then the wallet tab, and then enable coin control operations. This will make a new box appear on your send tab, titled coin control. If you hit inputs there, you will see a list of all of your BTC in your wallet, as seperate inputs. Each one you select will increase your transaction size, and also your fee. You can use this to tailor how much you send to get the lowest fee. There is also the change listing, where this is the difference between what you selected there, and the amount you input to send. The fee is also based on what you set as a fee at the bottom, it just shows you more calculations for how it is found, and the total fee. If you want to trade Bitcoin for other crypto, I would currently suggest Kucoin: https://www.kucoin.com/#/?r=256xv Check out my facebook at: https://www.facebook.com/pages/All-How-2s/198429346974010 or my twitter: https://twitter.com/AllHow2s Or my website where I have a lot of other great tutorials (such as how to take a screenshot, or how to get the start button back on Windows 8): http://www.allhow2s.com
Views: 733 howtwos101
Ever wonder how Bitcoin (and other cryptocurrencies) actually work?
 
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Bitcoin explained from the viewpoint of inventing your own cryptocurrency. Home page: https://www.3blue1brown.com/ Special thanks to these supporters: http://3b1b.co/btc-thanks Protocol Labs: https://protocol.ai/ Interested in contributing? https://protocol.ai/join/ Some people have asked if this channel accepts contributions in cryptocurrency form. Indeed! http://3b1b.co/crypto 2^256 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 If you want to contribute translated subtitles or to help review those that have already been made by others and need approval, you can click the gear icon in the video and go to subtitles/cc, then "add subtitles/cc". I really appreciate those who do this, as it helps make the lessons accessible to more people. Music by Vince Rubinetti: https://vincerubinetti.bandcamp.com/album/the-music-of-3blue1brown ------------------ 3blue1brown is a channel about animating math, in all senses of the word animate. And you know the drill with YouTube, if you want to stay posted on new videos, subscribe, and click the bell to receive notifications (if you're into that). If you are new to this channel and want to see more, a good place to start is this playlist: http://3b1b.co/recommended Various social media stuffs: Website: https://www.3blue1brown.com Twitter: https://twitter.com/3Blue1Brown Patreon: https://patreon.com/3blue1brown Facebook: https://www.facebook.com/3blue1brown Reddit: https://www.reddit.com/r/3Blue1Brown
Views: 2505509 3Blue1Brown
Bitcoin Cash Explained ( BTC vs BCH )
 
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Bitcoin Cash was launched in August 2017 and since become Bitcoin’s most popular cryptocurrency that has forked from bitcoin network. The reason of this fork is to increase the block size and process more transaction per second. Bitcoin’s maximum block capacity is 1MB, at this current time allows to process 3-7 transactions per second and implications of congested blocks, means paying high fees. Bitcoin’s cash on other hand maximum block capacity is 8MB witch is allowed to process around 60 transactions per second and fees 99% cheaper than original bitcoin. ================================================== 💰Get a Coinbase Wallet! - https://www.coinbase.com/join/5a4bf25... Sign up! 💰Get a Binance Wallet! - https://www.binance.com/?ref=21867060 Sign up! =================================================== ★ Any donation is highly appreciated. 🔑 BTC Wallet Address: 16EtKHG2rwH2NqA4MniK4JRhzPyv5AeiER 🔑 ETH Wallet Address: 0x1db0fa9a379e46cb205a39a0766e30d3e3d0d11e 🔑 LTC Wallet Address: LRcmBavhskBURqmw1sujV5LS8WUPvfaNj8 =================================================== Monero Cryptocurrency: https://www.youtube.com/watch?v=wPc143lX-M0 Bitcoin vs Gold: https://www.youtube.com/watch?v=yraE-7_xiWU Bitcoin Adoption: https://www.youtube.com/watch?v=MU8F5ihic4Q ==================================================== Thank you so much for watching! ==================================================== Bitcoin Cash | Bitcoin Cash Explained | bitcoin cash vs bitcoin | bitcoin cash cryptocurrency | bitcoin cash 2018 | blockchain | blockchain bitcoin | blockchain bitcoin cash
Views: 19054 Aimstone
Bitcoin, Blockchain Forks & Lightning - Computerphile
 
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Discussing Bitcoin scaling - Mustafa Al-Bassam of the UCL Security group talks about on-chain and off-Chain ideas. UCL Link: http://bit.ly/C_UCL-people EXTRA BITS - What If... [[nb - this was recorded when there was a planned hard-fork for Bitcoin - which did not happen]] https://youtu.be/vGs6Ao_R3v0 https://www.facebook.com/computerphile https://twitter.com/computer_phile This video was filmed and edited by Sean Riley. Computer Science at the University of Nottingham: https://bit.ly/nottscomputer Computerphile is a sister project to Brady Haran's Numberphile. More at http://www.bradyharan.com
Views: 74671 Computerphile
"Blockchain" or Bitcoin: Understanding the differences
 
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In this talk, Andreas explores the rise of the term "blockchain" as a counterweight to bitcoin. The term blockchain does not provide a definition, as it has been diluted to be meaningless. Saying "blockchain" simply invites questions, such as "what is the consensus algorithm". Meanwhile, bitcoin continues to offer an alternative to the traditional financial system. Andreas looks at the value of private ledgers, which he sees as having a small impact on finance, versus open, global and accessible payment and currency systems such as bitcoin which he sees as fostering a global revolution in finance and access to financial tools. Want to hear more about Bitcoin and open blockchains? Follow on Twitter: @aantonop Visit my website: https://antonopoulos.com/ Read more: “Mastering Bitcoin” - https://www.bitcoinbook.info/ “The Internet of Money” - https://www.amazon.com/Internet-Money-Andreas-M-Antonopoulos/dp/1537000454 via OpenBazaar: ob://efece349f9830a6d6167c3bbc6ed3ce855277a8f (https://duosear.ch/efece349f9830a6d6167c3bbc6ed3ce855277a8f/listing/974a62586f0e48c53b7c19592f9ceb64a4b08e84)
Views: 62591 aantonop
How To Move Default Ethereum BlockChain Folder To Another Drive Location
 
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My SSD was running out of space partly due to the ever increasing size of the blockchain data stored on it. I decided to move my Ethereum folder and its 40GB blockchain to a new location and in this video I show the whole process. My Links Website http://www.imineblocks.com Facebook https://www.facebook.com/imineblocks Twitter https://twitter.com/IMineBlocks_com Instagram https://www.instagram.com/imineblocks Steemit https://steemit.com/@imineblocks Buy anything on Amazon US http://amzn.to/1Ttb8P9 UK http://amzn.to/27P0s71 Please use the link below to make your donation in one of the 65 supported Altcoins. http://imineblocks.com/donations/ Tips are appreciated. Here's my Addresses Bitcoin:1FFVvaF7A3sjhzX26mNWfuqYKz1CwmEsYh Litecoin:LUUEfTYzsQU1e86kjiDtkwAYmqReZYAPfs Ethereum:0x5B905114167C80276AD28A997f606C698547fe40 Burstcoin BURST-N8KB-DKKW-9C4W-AF289 Storj 1PtCzyShTUXwhf63nRqQuxEgLZRkjwu4SK Dash:XmVpjUbZ12bK4k8E2LnMJeULeUsLcjAyBe BitSend:iRoCVCDSVTyqqojyybMcbRpFU4HhdosVhP Decred:DseJxmrkYw3FncKWJoEH9SswdcDPuyi4DZF Ethereum Classic:0x0927B3ff51BFC3865788aE7ad90246D850c05325 Nexus:2QyTKoWw38qhXZ144gvDuxcMPunquV4o2CLxFTHa4vBUkj1m4Sh NXT:NXT-VJTM-6E5M-7PZ6-9LSXJ Stratis:ST6bqKBoGtvtrVnStDjiGkcfh29KhZDMmw Vertcoin:VkzcFB4qpWta6txy7kjfx6z2pS4VhmmhCn Zcash:t1QAirDg9e9Gyz1YzWFXvBenjyRQq5iYyxi Monero:48CbEcFkNVEd2JyZCTW4erduVKsbBEkwd9n791ayUQjVDx12yc3oZjqbV2NaqdSSXa3NcnpZdDCYZSQ92DpoSztY8xqRkuw
Views: 22132 IMineBlocks
Bitcoin, The Blockchain and Unconfirmed Transactions
 
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At press time, the Bitcoin network is currently facing a backlog of over 135,000 unconfirmed transactions and fees have soared. This comes days after the proponents of the SegWit2x scaling solution announced they wouldn’t move forward with a doubling of Bitcoin’s block size due to lack of consensus. But what is Bitcoin Cash? What is a HYIP? What is Blockchain Technology? Is This An Attack On The Dollar? Is This War on The Dollar? Is This World War 3 on the Internet. JOIN MY BLOCKCHAIN SCHOOL https://bitconnect.co/?ref=ithinkbigcoins JOIN MY USI PACK https://StanleyWalker.usitech-int.com JOIN MY LASER FOCUSED TEAM https://laser.online/?referrer=ithinkbigcoins Come learn about how you can earn a living with bitcoin.
Views: 592 Stanley Walker
Satoshi Nakamoto revealed? Wyoming is the crypto state, BTC block-size reduction.
 
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Wyoming is making more friendly moves toward crypto, Roger Ver may sell all his Bitcoin due to a reduction in the block size, Spain’s central bank makes anti-crypto statements, the German government is collaborating with blockchain developers, and has the real Satoshi Nakamoto actually come forward? Enjoy the show!
How to buy Bitcoin Blockchain (Bitcoin News 22.11.2017) தமிழ்/Tamil
 
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1.Tether Hack: $ 31 million stolen https://goo.gl/3k14vE 2.Russland: No Country for Bitcoin 3.Blockchain against fraud in used car sales -------------------------------------- நேரலையில் பணம் சம்பாதிக்கலாம் இந்த வேளையில் நீங்களும் பணம் சம்பாதிக்க முடியும்! நீங்கள் செய்யவேண்டியது கீழ்வருமாறு நீங்கள் இந்த நேரலையை தொடர்ந்து பார்க்க வேண்டும். இது ஒரு சிறு பணம் சம்பாதிக்கும் வழி! 1 நிமிடம் = 1 நாணயம் (Coins) 1000 Coins = 10 £ Amazon Coupons Subscribing Rewards 100 Tamilidea Coins Your Balance Check Commads: !Tamilidea Coins ------------------------------------------- பணம் சம்பாதிக்க வேண்டுமா? Bitcoin ஊடாக அதிக பணம் சம்பாதிக்கலாம் தாமதமின்றி உடனே இணையுங்கள். Log In Click Here: http://bitclub.network/Tamil24 if you log in with my link Rewards 100 Tamilidea Coins ------------------------------------------- More Info Bitcoin Video: what is Bitcoin? How to earing bitcoins Bitclub Network in Tamil #P1 https://www.youtube.com/watch?v=sl8RHLHM_WE How can make Money with Bitcoin in Tamil #P2 https://www.youtube.com/watch?v=60jEyc6Bp3A How to Create Bitcoin Wallet? in Tamil #P3 https://www.youtube.com/watch?v=URP_IOaV27M https://www.youtube.com/playlist?list=PLWcQbmeiGWvV7Pkwb6RqNhSUUeZKC5F_i Click Here to Subscribe! ►https://goo.gl/Y9TtQT Click Here to Subscribe! ►https://goo.gl/dyCQ4E WhatsApp Group https://chat.whatsapp.com/FJ09cYsR9f8DNA21SPNPg6 http://www.tamil-auction.com/ E-Mail: [email protected] http://www.tamil-auction.com/index.html http://www.tamil-auction.com/index.html My Youtube channel: https://www.youtube.com/user/My2013TV https://www.youtube.com/user/eesan2010 https://www.youtube.com/user/Tamilauc... https://www.youtube.com/user/World27com My Facebook Link: https://www.facebook.com/Tamil2222 https://www.facebook.com/auction24?re... My Twitter Link: https://twitter.com/Tamilauction Steam Link: http://steamcommunity.com/id/tamilidea/ My Googel + Link: http://goo.gl/pYA9hl http://goo.gl/sK3pLD My Website Link: http://tamil-auction.com/ http://lookthis24.com/ http://worldtamil24.blogspot.de/ News Theme 2 von Audionautix ist unter der Lizenz Creative Commons Attribution license (https://creativecommons.org/licenses/by/4.0/) lizenziert. Interpret: http://audionautix.com/ Pictures from this site: https://videos.pexels.com/ https://pixabay.com/ tags: #BITCLUB #NETWORK #Cloud #Mining #Bitcoin #Bitclub #Presentation #bitcoin billionaire bitcoin bank #bitcoin blockchain size #bitcoin brain #bitcoin broker #bitcoin basics #bitcoin c #bitcoin chart #bitcoin calculator #bitcoin cash #bitcoin core #bitcoin current value #bitcoin competitor #bitcoin crash #bitcoin chart history #bitcoin currency #bitcoin creator #bitcoin d #bitcoin documentary #bitcoin difficulty #bitcoin debit card #bitcoin definition #bitcoin dark #bitcoin debit card usa #bitcoin derivatives #bitcoin drop #bitcoin dollar #bitcoin data #bitcoin e #bitcoin etf #bitcoin exchange #bitcoin exchange rate #bitcoin explained #bitcoin ethereum #bitcoin exchange rate #usd #bitcoin #explorer #bitcoin #exchange usd#bitcoin #exchanges #by v#olume#bitcoin #exchange #reviews#bitcoin #bitcoin fork #bitcoin future #bitcoin forecast #bitcoin for #dummies #bitcoin faucet #bitcoin farming #bitcoin #founder #bitcoin #forum #bitcoin fees #bitcoin for sale #bitcoin g #bitcoin #graph #bitcoin #gambling #bitcoin #generator #bitcoin #games #bitcoin #growth #bitcoin #gift #card #bitcoin #goldman #sachs #bitcoin #github #bitcoin #gemini #bitcoin #graph #usd #bitcoin #h #bitcoin #i #bitcoin #investment #trust #bitcoin #investment #bitcoin #ira #bitcoin #investment #trust #stock #bitcoin #index #bitcoin #in #usd #bitcoin #inventor #bitcoin #india #bitcoin #images #bitcoin #ipo #bitcoin #j #bitcoin #japan #bitcoin #jobs #bitcoin #jesus #bitcoin #july #2017 #bitcoin #jobs #chicago #bitcoin #june #2017 #bitcoin #july 31 #bitcoin #jihan #bitcoin #japan #legal #bitcoin #jewelry #bitcoin #k #bitcoin #kiosk #bitcoin #kraken #bitcoin tamil #bitcoin #korea #bitcoin #knots #bitcoin #key #bitcoin #kiosk #near #me #bitcoin #kansas #city #bitcoin #knowledge #podcast #bitcoin #kurs #bitcoin #korea #arbitrage #bitcoin #l #bitcoin #login #bitcoin #live #price #bitcoin #ledger #bitcoin #logo #bitcoin #lightning #network #bitcoin #locations #bitcoin #loan #bitcoin #lending #bitcoin #lottery #bitcoin #live #bitcoin #m #bitcoin #mining #bitcoin #market #cap #bitcoin #mining #calculator #bitcoin #machine #near #me #bitcoin #mining #software #bitcoin #mining #hardware #bitcoin #mining rig bitcoin #millionaire bitcoin machine bitcoin mining pool bitcoin n bitcoin #news bitcoin near me bitcoin news #reddit bitcoin node bitcoin net worth bitcoin business with bitcoin
Views: 652 Tamilidea
Wallet bitcoin Blockchain
 
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Views: 18 Bitcoin Money
The Problem with Bitcoin is Not Block Size
 
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and Freeloaders. If your transaction have been taking too long pay a 5 cent transaction fee. I do several transactions a day & I pay fees based on importance...as the system was designed. Leave your comments @ http://theartdept.info
Views: 432 banderdash
"Blockchain Good, Bitcoin Bad" Triggers Me
 
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Blockchain is good, Bitcoin is bad. How many times have you heard this echo chamber? It genuinely tilts me, so thought I'd make a video on it. In general, many of the people who tout this are talking about private blockchains, not public. Private blockchains are essentially upgraded distributed databases, and even then there are tradeoffs. While it may increase efficiencies overall, the opportunity is nowhere near as large or revolutionary as public blockchain is. Bitcoin is the best implementation of such technology due to the size of its network. While mining pools are causes for concern (I'm looking at you Bitmain), Bitcoin has proven to be fairly resilient to central control. It is censorship resistant. It is not 100% immutable in the sense that one could create a longer chain that replaces another, but other than this fringe scenario, the erasure or reversal of transactions is not possible. As such, it is truly trustless. Private blockchains cannot achieve this. While they will provide value to the world, it won't be nearly as much value that public blockchains do in my opinion. Let me know yours. Steemit Post for this video: https://steemit.com/blockchain/@cryptovestor/blockchain-is-good-bitcoin-is-bad-mentality-triggers-me If you want to support me and my content, consider following me on these other platforms: Twitter: https://twitter.com/Truth_Investor SteemIt: https://steemit.com/@cryptovestor Medium: https://medium.com/@Truth_Investor Seeking Alpha: https://seekingalpha.com/author/truth-investor/articles
Views: 8953 Truth Investor
Bitcoin SV Crypto Channel - 27/12/2018 - Tokenized - Tokens on the Blockchain
 
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https://bitcoinsv.io/roadmap/ Support the Channel / Donate BSV ------------------------------------------------------------ SV Channel Handcash - $BigTroubleLittleChina Issue, Manage and Trade Tokens on the Bitcoin (SV) Network Tokenized is a comprehensive platform that makes it easy for users to issue, manage and trade security and utility tokens controlled by low-cost and secure smart contracts. Compliant with all laws and regulations! Built with the Award-Winning Open-Source 'Tokenized Protocol' https://tokenized.cash/ -------------------------------- The Bitcoin SV project begins by restoring what was the original Bitcoin protocol. We embrace the fact that Satoshi used script as a predicate to enable functionalities that go hand in hand, and beyond the function of cash. Re-enabled Satoshi op_codes provide the methods needed for smart contracts, tokenisation and other advanced technical functions to be done on BSV. The original protocol has what Bitcoin needs to thrive, and should be allowed to flourish without constant changes. Once restored, the Satoshi protocol needs to remain stable. The protocol should be locked down except for any critical security fixes that might be required. This stability will give enterprises of the world confidence to build their applications and projects on top of BSV. Just like the Internet lives on a protocol that has changed very little since its beginning and allows businesses to reliably plan long term projects on the platform, the Bitcoin Cash blockchain will provide the same stability. The next key pillar is to ignite massive scalability on the BSV blockchain according to future market needs, rather than just viewing current payment transaction volume. Potential demand is a function of supply (among other things) and we intend to provide the capacity for BSV to act as the foundation for the entire financial world and many other industries. Major enterprises want to know the blockchain has sufficient scale for their projects before they commit significant resources and time to build on BSV. Miners needs massive scaling to earn more money from transaction fees in order to offset the block reward halving over time. Therefore, block-size limits need to be many magnitudes bigger than current throughput demand and ultimately allow for unlimited growth. Along the way, security is always important to Bitcoin SV’s roadmap. By making sure the necessary optimisations, testing and quality assurance steps are in place, we allow nodes to mine big blocks and scale to global market demands in a safe and reliable manner. An excellent payment experience is also needed. The Bitcoin SV project will work on both measurement and improvement of the safety of 0-conf transactions, fast transaction propagation, and miner-configurable fee policies. https://bitcoinsv.io/roadmap/ DISCLAIMER The Information provided on, from or through this channel is general in nature and is solely for educational purposes. The market comments & opinions provided by us are based solely on our personal judgment and should not be considered financial advice. Any opinions, news, research, analyses, prices, or other information contained on this channel are provided as general market commentary. We do not accept any liability for any loss or damage whatsoever caused in reliance upon such information.
WHAT IS BLOCKCHAIN?
 
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A blockchain is a digitized, decentralized, public ledger of all cryptocurrency transactions. Constantly growing as ‘completed’ blocks (the most recent transactions) are recorded and added to it in chronological order, it allows market participants to keep track of digital currency transactions without central record-keeping. Each node (a computer connected to the network) gets a copy of the blockchain, which is downloaded automatically. Originally developed as the accounting method for the virtual currency Bitcoin, blockchains – which use what's known as distributed ledger technology (DLT) – are appearing in a variety of commercial applications today. Currently, the technology is primarily used to verify transactions, within digital currencies though it is possible to digitize, code and insert practically any document into the blockchain. Doing so creates an indelible record that cannot be changed; furthermore, the record’s authenticity can be verified by the entire community using the blockchain instead of a single centralized authority. A block is the ‘current’ part of a blockchain, which records some or all of the recent transactions. Once completed, a block goes into the blockchain as a permanent database. Each time a block gets completed, a new one is generated. There is a countless number of such blocks in the blockchain, connected to each other (like links in a chain) in proper linear, chronological order. Every block contains a hash of the previous block. The blockchain has complete information about different user addresses and their balances right from the genesis block to the most recently completed block. The blockchain was designed so these transactions are immutable, meaning they cannot be deleted. The blocks are added through cryptography, ensuring that they remain meddle-proof: The data can be distributed, but not copied. However, the ever-growing size of the blockchain is considered by some to be a problem, creating issues of storage and synchronization. Visit our website for a low cost investing newsletter and learn how to build a top notch stock or cryptocurrency portfolio: http://robinhoodstrategy.com/pricing We suggest you buy this book to learn about fundamental and technical stock analysis, buy it here: https://goo.gl/GGt7v6 Video Credit: Institute for the Future
Views: 336 Financial Freedom
Bitcoin Q&A: How Bitcoin will scale gracefully, over and over again - Scaling Options
 
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Keywords/phrases: Bitcoin's graceful scalability over decades. Bitcoin scalability problems and options to “solve” it over and over again. Scaling is an engineering issue.
Views: 1947 aantonop
BTC: How to Avoid High Fees & Tx Times
 
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Find me on Steemit: www.steemit.com/@heiditravels Twitter: @blockchainchick Instagram: @hheidiann Bit.tube: RealCryptoTips Thinking about purchasing a Ledger Nano Hardware Wallet? Browse their official website: https://www.ledgerwallet.com/r/67ef Want to join coinbase to begin your crypto journey? Here’s a link to get free $10: https://www.coinbase.com/join/558828d LINKS FOR ADDITIONAL READING FOR THIS VIDEO & ALL INFO IN TEXT DOWN BELOW For BTC and ETH Block Explorer: https://blockchain.com/explorer In depth BTC Mempool analytics: http://bitcointicker.co/networkstats/ BTC block explorer: https://btc.com Today I want to help better explain why your Bitcoin transactions might sometimes be very slow or expensive, and provide you with a cool hint that can help you avoid this situation altogether. I also want to go over the scary concept that is unconfirmed transactions. If you’ve ever sent bitcoin to another wallet, you’ve probably had the delightful experience of anxiously waiting and constantly refreshing your screen until you see that your transaction has indeed been confirmed by the network. If you’ve ever wondered if there’s anything you can do besides pay a hefty transaction fee to ensure it goes through quickly, I have good news for you. The answer is to check the status of the Mempool. There are many websites that are happy to fill you in on this information. Mempool stands for Memory pool and it refers to the holding area for pending transactions. When you first send out your transaction it is sent into the mempool where it waits to be selected by a miner to include it in the next block. The size of the mempool lets you know generally how many blocks will need to be mined before your transaction is confirmed. If the mempool size is 3MB, you’ll need to wait for three blocks to be mined before your transaction is confirmed. It’s possible that the mempool could become too large with pending transactions; this could cause the nodes to crash. To prevent this from happening the nodes will introduce a minimum fee. If your transaction is waiting in this mempool and the fee paid does not meet this minimum then your transaction will be dropped from the mempool and the balance will be sent back to your wallet. So when the blockchain gets flooded with transactions this can explain at least in part why the fees increase and why transactions take a long time to go through. So if you have time to spare, you can keep an eye on the size of the mempool to see when the number of waiting transactions is down, that’s when your transaction will go through quickly and with much cheaper fees. One thing to keep in mind here about the transaction fees. If you try to send your bitcoin without paying any transaction fee or you pay a very very small transaction fee compared to the average being paid, most likely your transaction will be left unconfirmed for many days, weeks or it may never be confirmed. An unconfirmed transaction means the amount of Bitcoin you’ve tried to send is withdrawn from your balance will not be sent to the destination and your Bitcoin is stuck and will not be returned to your wallet. Your best chance at this point is that there exists a miner who will process your transaction knowing that you did not provide them with a fee payment. Most wallets will calculate a proper transaction fee to ensure that this will not happen. Some will even give you some fee options to choose from depending on how quickly you’d like your transaction to be confirmed. The busier the network, the more transactions that are flooding the network, the higher your transaction fee will need to be to ensure that your transaction doesn’t get tossed aside and stuck in limbo. If you’ve ever been curious about how the Bitcoin network is doing, what kind of profit miners can make, which mining pools are dominating the network, you can check out the many Bitcoin block explorer websites. These are good for finding out all sorts of information about the state of the Bitcoin network. Things like the most recent blocks mined, the number of transactions being included in those blocks, transaction fees, and unconfirmed transactions. This tool isn’t exclusive to Bitcoin either. If you’re interested in learning more about Ethereum, Stellar, EOS or other coins with their respective blockchains you can most likely find links to these options with a simple DuckDuckGo search.
Views: 1573 Crypto Tips
Bitcoin: "Failing to Scale" - Prague 2016
 
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In this talk, Andreas looks at scaling as an ongoing process. Using examples from the history of the Internet -- which has "failed to scale, gracefully, for 25 years" --- he discusses the scaling debate and looks at how Bitcoin will scale over the next several years. This talk took place on on March 22nd 2016 for the Institute of Cryptoanarchy's Paralelni Polis event in Prague, Czech Republic / Czechia. RELATED: Exponential Innovation: Hackers Congress - https://youtu.be/n2yD1PSWBU0 Scaling complex systems - https://youtu.be/dm9m1oQr6Ks Layered scaling and privacy - https://youtu.be/4w-bjUhpf_Q The internet will eat your business - https://youtu.be/DXLZSgf4b8Q Delivering Liberty, At Scale - https://youtu.be/AecPrwqjbGw Bitcoin, Payment Security, and Consumer Protection - https://youtu.be/qMkGfB8X58o Worse Than Useless: Financial Surveillance - https://youtu.be/n4F-h4xuXMk The Killer App: Engineering the Properties of Money - https://youtu.be/MxIrc1rxhyI Beyond Price: Bitcoin's Impact on the Future - https://youtu.be/rvwVbRQ5Ysc Introduction to the Internet of Money - https://youtu.be/rc744Z9IjhY The Lightning Network - https://www.youtube.com/playlist?list=PLPQwGV1aLnTurL4wU_y3jOhBi9rrpsYyi Altcoins and the scaling debate - https://youtu.be/slbpdW-H3yk Scaling is a moving target - https://youtu.be/pT9kJq_Ogrk Scaling, trust, and trade-offs - https://youtu.be/vCxmHwqyJWU From barter to abstract money - https://youtu.be/KYsppZoHguQ Fungibility, privacy, anonymity - https://youtu.be/y3s8c7YDtXU Coinbase vs. the IRS - https://youtu.be/YQJk-5ZYmoM Could governments take over exchanges? - https://youtu.be/9PrJQeKl9w4 Alternatives to centralised exchanges - https://youtu.be/3jmeJjhH84s HODLing and the "get free" scheme - https://youtu.be/MhOwmsW1YNI Andreas M. Antonopoulos is a technologist and serial entrepreneur who has become one of the most well-known and respected figures in bitcoin. Follow on Twitter: @aantonop https://twitter.com/aantonop Website: https://antonopoulos.com/ He is the author of two books: “Mastering Bitcoin,” published by O’Reilly Media and considered the best technical guide to bitcoin; “The Internet of Money,” a book about why bitcoin matters. THE INTERNET OF MONEY, v1: https://www.amazon.co.uk/Internet-Money-collection-Andreas-Antonopoulos/dp/1537000454/ref=asap_bc?ie=UTF8 [NEW] THE INTERNET OF MONEY, v2: https://www.amazon.com/Internet-Money-Andreas-M-Antonopoulos/dp/194791006X/ref=asap_bc?ie=UTF8 Highlights from "The Internet of Money" (Volume 2): https://youtu.be/Qkjm5E5BeB8 MASTERING BITCOIN: https://www.amazon.co.uk/Mastering-Bitcoin-Unlocking-Digital-Cryptocurrencies/dp/1449374042 [NEW] MASTERING BITCOIN, 2nd Edition: https://www.amazon.com/Mastering-Bitcoin-Programming-Open-Blockchain/dp/1491954388 Subscribe to the channel to learn more about Bitcoin & open blockchains! If you want early-access to talks and a chance to participate in a monthly LIVE Q&A with Andreas, become a patron: https://www.patreon.com/aantonop
Views: 26559 aantonop
Bitcoin Q&A: Fee markets, SegWit, and scaling
 
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"High" transaction fees and the future feasibility of micro-transactions. Transaction costs represent inherent real-life constraints on scalability and resource availability in the network. It costs money to host fully validating nodes. There is no such thing as a free lunch. Bitcoin was able to achieve zero-fee transactions because the cost was subsidised by the mining reward and bitcoin's value increasing at a faster rate than resources were being consumed. It is not because of the block size limit; as you scale up, the amount of competition for space will also grow. We will see increases in the block size eventually, and add second-layer systems like Lightning Network. Bitcoin is a dynamic and evolving system and the rate of innovation has exploded over the last few years. Appointing third parties to determine which transactions are "spam" opens up opportunities for censorship. Sufficient fee is a market-based mechanism. Even if your transaction doesn't have sufficient fee at the time, it could still be confirmed later when there is less demand for the network. Transaction malleability. Segregated Witness is the best scaling that exists right now. For many miners, it represents a potential loss of profit but only if they're not willing to evolve their software and participate in payment channels. If we choose not to expand the scale of the network, that doesn't mean Bitcoin stops working; it means that Bitcoin will specialise in high-value, global, secure transactions. Nobody gets to decide what Bitcoin and we don't know what it will become. The recipe has been replicated in other cryptocurrencies, and that's how a market should work -- allowing the full forces of evolution and specialisation to operate. This is part of a talk which took place at the JW Marriott Sahar (International Airport) on March 26th 2017 in Mumbai, India: https://www.townscript.com/e/bitcoin-talk-by-the-world-famous-andreas-antonopoulos-203132 Watch the full talk here: https://youtu.be/ONvg9SbauMg RELATED: The Lightning Network - https://youtu.be/vPnO9ExJ50A Lightning, full nodes, and miners - https://youtu.be/dlJG4OHdJzs Bitcoin & Blockchain in Norway - https://youtu.be/5ODDCx6VL2Y What happens to transaction fees when the block reward is zero? - https://youtu.be/FffX32ENGKc Rules vs. Rulers - https://youtu.be/9EEluhC9SxE Governance and the transaction fee market - https://youtu.be/gdknUUVOdHU Scaling is a moving target - https://youtu.be/pT9kJq_Ogrk Why we should worry about optimization, not scaling - https://youtu.be/J3sEcuCc9fg Altcoins and the scaling debate - https://youtu.be/slbpdW-H3yk The Scaling Rites of Passage - https://youtu.be/rZi86_ovB3Y Is Bitcoin development centralised? - https://youtu.be/7hm4Ro4wdTk Andreas M. Antonopoulos is a technologist and serial entrepreneur who has become one of the most well-known and well-respected figures in bitcoin. Follow on Twitter: @aantonop https://twitter.com/aantonop Website: https://antonopoulos.com/ He is the author of two books: “Mastering Bitcoin,” published by O’Reilly Media and considered the best technical guide to bitcoin; “The Internet of Money,” a book about why bitcoin matters. THE INTERNET OF MONEY, v1: https://www.amazon.co.uk/Internet-Money-collection-Andreas-Antonopoulos/dp/1537000454/ref=asap_bc?ie=UTF8 MASTERING BITCOIN: https://www.amazon.co.uk/Mastering-Bitcoin-Unlocking-Digital-Cryptocurrencies/dp/1449374042 [NEW] MASTERING BITCOIN, 2nd Edition: https://www.amazon.com/Mastering-Bitcoin-Programming-Open-Blockchain/dp/1491954388 Subscribe to the channel to learn more about Bitcoin & open blockchains! If you want early-access to talks and a chance to participate in a monthly LIVE Q&A with Andreas, become a patron: https://www.patreon.com/aantonop Videography: Zebpay Bitcoin India Music: "Unbounded" by Orfan (https://www.facebook.com/Orfan/) Outro Graphics: Phneep (http://www.phneep.com/) Outro Art: Rock Barcellos (http://www.rockincomics.com.br/)
Views: 15831 aantonop
Bitcoin and Blockchain ending world poverty? Programmer explains.
 
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Bitcoin, blockchain technology and cryptocurrencies - can they be used in order to end povery? In this video we talk about corruption, financial inclusion and middle men. Tell me what you think! NY Conference: http://blockchainforum.global Exclusive promo code offering 50% discount: BEFK ATTEND FB EVENT IF YOU WAN TO MEET: https://www.facebook.com/events/1944625469133278/ Thanks for watching guys 💝 🎤 If you would like me to speak at your conference, book me here: https://ivanontech.com 🍻 Join the crypto discussion forum - https://thecrypto.pub 📚 Get my free e-book on Bitcoin and Blockchain - http://eepurl.com/c0hyc9 you will receive the book in your inbox once you sign up 👫👭👬Social: LinkedIn: http://linkedin.com/in/ivanliljeqvist/ Instagram: http://instagram.com/ivanontech/ Steemit: https://steemit.com/@ivanli Facebook: http://facebook.com/ivanontech/ Exclusive email list: http://eepurl.com/c0hyc9 🤑 Buy cryptocurrencies: https://www.coinbase.com/join/529bab0ab08ded7080000019 💰 Secure your Crypto with Hardware Wallets: Ledger: https://www.ledgerwallet.com/r/4607 Trezor: https://trezor.io/?a=rvj3rqtje3ph
Views: 7179 Ivan on Tech
Bitcoin Q&A: Careers in open blockchain development?
 
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A question from a soon-to-be computer science graduate about career options in open blockchain development. Should a young person go the corporate route or the entrepreneurial route? What benefits and risks do the options entail? Would a "traditional" job still have the lifelong guarantee of security they used to? Being willing to take risks and fail gracefully, like Bitcoin, in the early years of your life by doing work that matters to you. This question is from the November monthly Patreon session, which took place on November 17th 2018. If you want early-access to talks and a chance to participate in the monthly live Q&As with Andreas, become a patron: https://www.patreon.com/aantonop RELATED: Measuring Success: Price or Principle - https://youtu.be/mPMsbgWl9p4 Why Open Blockchains Matter - https://youtu.be/uZPIz3ArQww Decentralised Globalisation - https://youtu.be/QoiR4aNbTOw Investing in Education instead of Speculation - https://youtu.be/6uXAbJQoZlE Beyond Price: Bitcoin's Impact on the Future - https://youtu.be/rvwVbRQ5Ysc Why I'm against ETFs - https://youtu.be/KSv0J4bfBCc Regulation and the bank boycott - https://youtu.be/8ypH69Cb1l0 Is bitcoin testing governments? - https://youtu.be/UfRGo2LAIpo Wallet design and mass adoption - https://youtu.be/WbZX6BDZJHc Mass adoption and peer-to-peer commerce - https://youtu.be/n9qIAEFS-Qs Scaling strategies and adoption - https://youtu.be/dML1a_Ek9Kw Price volatility and store of value - https://youtu.be/wzzZT95ijTo Why I earn bitcoin instead of buying - https://youtu.be/Ci7TyD8jETY Job opportunities with cryptocurrencies - https://youtu.be/89_p4pDlQtI Inspiring cryptocurrency projects - https://youtu.be/WW8norCKUbE From barter to abstract money - https://youtu.be/KYsppZoHguQ Crossing the chasm of theoretical vs. real need - https://youtu.be/yIR0OBEAaUE Remittances and smuggling in Venezuela - https://youtu.be/RRXecXfWARw How long until mainstream adption? - https://youtu.be/y3cKBDBabtA What is the biggest adoption hurdle? - https://youtu.be/jHgyHF3F2TI Bitcoin as everyday currency - https://youtu.be/xYvvSV4mjH0 Hyperbitcoinization - https://youtu.be/AB5MU5fXKfo How to avoid re-creating systems of control - https://youtu.be/EfoGnDoaBL8 Andreas M. Antonopoulos is a technologist and serial entrepreneur who has become one of the most well-known and respected figures in bitcoin. Follow on Twitter: @aantonop https://twitter.com/aantonop Website: https://antonopoulos.com/ He is the author of two books: “Mastering Bitcoin,” published by O’Reilly Media and considered the best technical guide to bitcoin; “The Internet of Money,” a book about why bitcoin matters. Subscribe to the channel to learn more about Bitcoin & open blockchains; click on the red bell to enable notifications about new videos! MASTERING BITCOIN, 2nd Edition: https://amzn.to/2xcdsY9 Translations of MASTERING BITCOIN: https://bitcoinbook.info/translations-of-mastering-bitcoin/ THE INTERNET OF MONEY, v1: https://amzn.to/2ykmXFs THE INTERNET OF MONEY, v2: https://amzn.to/2IIG5BJ Translations of THE INTERNET OF MONEY: Spanish, 'Internet del Dinero' (v1) - https://amzn.to/2yoaTTq French, 'L'internet de l'argent' (v1) - https://www.amazon.fr/Linternet-largent-Andreas-M-Antonopoulos/dp/2856083390 Russian, 'Интернет денег' (v1) - https://www.olbuss.ru/catalog/ekonomika-i-biznes/korporativnye-finansy-bankovskoe-delo/internet-deneg Vietnamese, 'Internet Của Tiền Tệ' (v1) - https://alphabooks.vn/khi-tien-len-mang MASTERING ETHEREUM (Q4): https://amzn.to/2xdxmlK Music: "Unbounded" by Orfan (https://www.facebook.com/Orfan/) Outro Graphics: Phneep (http://www.phneep.com/) Outro Art: Rock Barcellos (http://www.rockincomics.com.br/)
Views: 7012 aantonop
Blockchain 101 Ep 17 - Why are Bitcoin transactions charged by bytes?
 
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Our banks usually charge a fee based on a percentage of the transaction amount we are sending. For example, 0.5% for inter-bank transactions. 0.1-1% for transactions across different cities, and for transnational transfers, on top of the commission fees, there are additional cable charges too. For cryptocurrencies, transaction fees are based on the size of the transaction in bytes, not the amount transferred. For instance, an average Bitcoin transaction takes up 250 bytes, the transaction fee will be around 0.001-0.0015 Bitcoin. If you’re sending Bitcoins to multiple addresses in one transaction, then the transaction will be a larger byte size, hence you may want to pay a higher transaction fee, in order to attract miners to process your transaction. Yet, from a cost perspective, it is highly advantageous to utilize blockchain technology for cross-border transactions. Watch the video here! Huobi Pro will post a question in our Tweet via our Twitter account (https://twitter.com/Huobi_Pro) each time we put up an episode of Blockchain 101 post on our Twitter account, we will randomly select 20 people who answered in the format [UIDxxxxxxxx, correct answer] and retweet our post will be entitled to 1 HT each. Note that the UID entered MUST be a valid Huobi registered account. What are you waiting for? Fastest fingers first! Grab your HT now!
Views: 789 Huobi Global
Bitcoin Cash new cryptocurrency explained! Bitcoin August Fork Split
 
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Please watch: "How Facebook targeted advertisements track you online, offline and where they sell your private data" https://www.youtube.com/watch?v=9sFl2qGedFQ -~-~~-~~~-~~-~- Hi, this is Bitcoin Cash explained video. What is Bitcoin Cash? A new cryptocurrency was created as fork of original Bitcoin. Explaining Bitcoin Cash is like trying to shoot a moving target - there is lot going on in with the new blockchain. At some point, it looked like Bitcoin Cash will crash, but right now it does receive more support from mining pools. After all, everybody who owned bitcoins on August 1st would be rewarded equal amount Bitcoin Cash. That's some extra money for free, right? This video is about Bitcoin Cash explained! Enjoy my bitcoin cash video explanation! Well not so many people were to eager to deal with Bitcoin Cash, which resulted in a state where it was impossible to move it, sell it, or cash for fiat money (e.g. dollars). So what is Bitcoin Cash exactly? What is bitcoin cash? Bitcoin Cash is a fork of Bitcoin. Bitcoin is an open source cryptocurrency that relies on pure mathematics and economics to determine its value. Since the software of Bitcoin is open source, anybody can take it and create their own currency. The real catch here is that it needs to be supported, if you want it to have any value. Bitcoin cash fork a new cryptocurrency Bitcoin Cash was created because some developers and few big mining pools wanted to increase size of Bitcoin blocks from 1 MB to 8 MB. Each block holds a number of transaction, which take up some space of bytes. These are blocks are validated by solving difficult puzzles, for which miners receive rewards (Bitcoins). Bitcoin blocksize limit debate However, the bitcoin's block size limit allowed maximum of 7 transactions a minute. And as Bitcoin grows in number of users, this cap was soon to be hit, which resulted in slow down of confirmations of transactions. Bitcoin growth The limit is made to secure the network and ensure its decentralized nature that prevents big players from gaining control. That wasn't appealing to some people who view Bitcoin's growth as more important than decantralization and security. This dispute over Bitcoin's block size limit was going on for over 2 years and escalated into now forking Bitcoin Cash as a separate cryptocurrency independent from Bitcoin. Both Bitcoin and Bitcoin Cash exist and trade simultaneously, and they have no direct effects on another. Difference between Bitcoin and Bitcoin Cash is now like between Bitcoin and Ethereum, or any other cryptocurrency in the world. What does Bitcoin split to Bitcoin Cash mean in the long run? That's really hard to tell. Bitcoin Cash was made to surpass or even replace original bitcoin, but bitcoin is now growing value, surpassing $3,000 dollar milestone just after the fork of Bitcoin Cash. Bitcoin will implement SegWit, Segregated Witness, to deal with the pressure of its own growth. You'll learn what is segwit in this video. Nevertheless, it's going to be extremely interesting and worthwhile studying cryptocurrency as they keep growing on value, influence, and bitcoin is now even entering mainstream. Sources: To understand Bitcoin and cryptocurrency: http://www.michaelnielsen.org/ddi/how-the-bitcoin-protocol-actually-works/ Bitcoin blockchain technology https://www.coindesk.com/information/what-is-blockchain-technology/ Bitcoin Cash just split https://arstechnica.com/tech-policy/2017/08/why-the-bitcoin-network-just-split-in-half-and-why-it-matters/ https://arstechnica.com/tech-policy/2017/07/a-new-deal-could-end-bitcoins-long-running-civil-war/ Bitcoin block size limit https://www.cryptocompare.com/coins/guides/what-is-the-block-size-limit/ What is SegWit https://www.cryptocompare.com/coins/guides/what-is-segwit/ https://mybroadband.co.za/news/banking/206742-bitcoin-and-ethereum-vs-visa-and-paypal-transactions-per-second.html http://www.businessinsider.com/bitcoin-cash-price-may-be-house-of-cards-close-to-collapsing-2017-8 Credits: Painted Indigo by Teknoax Real Chill Experimental Freestyle Hip Hop Instrumental (With Trippy visuals) by Chuki Beats https://www.youtube.com/user/CHUKImusic Follow me: https://twitter.com/The_HatedOne_ https://www.reddit.com/user/The_HatedOne/ https://www.minds.com/The_HatedOne Help us fight for our digital rights: https://act.eff.org/ The footage and images featured in the video were for critical analysis, commentary and parody, which are protected under the Fair Use laws of the United States Copyright act of 1976.
Views: 1692 The Hated One
#277 Amaury Séchet: Bitcoin Cash - Part 2
 
01:10:48
Support the show, consider donating: BTC: 1CD83r9EzFinDNWwmRW4ssgCbhsM5bxXwg (https://epicenter.tv/tipbtc) BCC: 1M4dvWxjL5N9WniNtatKtxW7RcGV73TQTd (http://epicenter.tv/tipbch) ETH: 0x8cdb49ca5103Ce06717C4daBBFD4857183f50935 (https://epicenter.tv/tipeth) Amaury Séchet is the lead developer of Bitcoin ABC, the largest client for the Bitcoin Cash blockchain. Amaury first got started with Bitcoin in 2010 and closely followed the Bitcoin block size debate as it progressed through the early years of Bitcoin. Predicting the eventual failure of SegWit2x, Amaury was part of the original team that helped coordinate the Bitcoin Cash hard fork, timing it with the activation of SegWit on the main Bitcoin blockchain. We discuss with Amaury the roadmap for Bitcoin Cash, especially with regards to their approach to scalability. We cover many of the novel features the Bitcoin Cash development teams are innovating on such as Canonical Transaction Ordering and Avalanche Pre-Consensus, as well as cover some of the more juicy drama that plagued the Bitcoin Cash community in late 2018, leading to split off of Bitcoin SV. Topics discussed in this episode: - Block Size Debates in Bitcoin - Origins of Bitcoin Cash and the Fork - Year 1 Technical Development of Bitcoin Cash - Bitcoin ABC vs Bitcoin SV - Future Roadmap Links mentioned in this episode: - Bitcoin Cash Roadmap: https://bit.ly/2GQvoir - Graphene Whitepaper: https://bit.ly/2zo4c5R - Avalanche Post-Consensus: https://bit.ly/2R8NJvS - The Case for Canonical Transaction Ordering: https://bit.ly/2Enwm1Z - Bitcoin ABC vs Bitcoin SV Hashwar: https://bit.ly/2SsciRr - Bitcoin NG Episode: https://bit.ly/2NxiqXr - EthCC Meetup: https://bit.ly/2EETmel Sponsors: - Cosmos: Join the most interoperable ecosystem of connected blockchains - http://cosmos.network/epicenter - Azure: Deploy enterprise-ready consortium blockchain networks that scale in just a few clicks - http://aka.ms/epicenter This episode is also available on : - Epicenter.tv: https://epicenter.tv/277 - YouTube: http://youtu.be/HWY4wRYqxZA - Soundcloud: http://soundcloud.com/epicenterbitcoin/eb-277 Watch or listen, Epicenter is available wherever podcasts are distributed. Epicenter is hosted by Brian Fabian Crain, Sébastien Couture, Meher Roy, Sunny Aggarwal & Friederike Ernst.
Views: 471 Epicenter Podcast
Common Sense Controversy #14: Block Size Crisis
 
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A year long discussion on modigying the block size within the Bitcoin Blockchain has resulted in a "fork", a new brank in the Blockchain, leaving us with two alternatives: Bitcoin Core (1Mb, original) and BitcoionXT (8Mb, new). Is it a crisis? Is it a problem? We would like to know your opinion.
Views: 45 Crypsa Chair
Bitcoin Q&A: Scaling, privacy, and protocol ossification
 
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Can Bitcoin nodes now handle a block size increase? Moore's Law slowing down. What are the main bottlenecks in decentralized open blockchains? Network bandwidth and latency. Bootstrapping new nodes with Initial blockchain downloads (IBDs). What did the last scaling debate demonstrate? What can we include before protocol ossification? Privacy and anonymity should be improved in the first layer; scaling in secondary layers. People have an irrational fear of anonymous money even though we have used cash for much longer than surveilled monetary systems. These questions are from the Seattle 'Internet of Money' tour event, and the December monthly subscriber session, which took place on November 10th and December 15th 2018, respectively. If you want early-access to talks and a chance to participate in the monthly live Q&As with Andreas, become a patron: https://www.patreon.com/aantonop RELATED: What is Consensus: Rules without Rulers - https://youtu.be/2tqo7PX5Pyc Bitcoin Security: Bubble Boy and the Sewer Rat - https://youtu.be/810aKcfM__Q Bitcoin, A New Species of Money: An Evolutionary Perspective on Currency - https://youtu.be/G-25w7Zh8zk Measuring Success: Price or Principle - https://youtu.be/mPMsbgWl9p4 Why Open Blockchains Matter - https://youtu.be/uZPIz3ArQww Decentralised Globalisation - https://youtu.be/QoiR4aNbTOw Investing in Education instead of Speculation - https://youtu.be/6uXAbJQoZlE Beyond Price: Bitcoin's Impact on the Future - https://youtu.be/rvwVbRQ5Ysc Why I'm against ETFs - https://youtu.be/KSv0J4bfBCc Regulation and the bank boycott - https://youtu.be/8ypH69Cb1l0 Remittances and smuggling in Venezuela - https://youtu.be/RRXecXfWARw Bitcoin as everyday currency - https://youtu.be/xYvvSV4mjH0 Hyperbitcoinization - https://youtu.be/AB5MU5fXKfo Why permissioned blockchains fail - https://youtu.be/GEQzlJ_WL-E Protocol development security - https://youtu.be/4fsL5XWsTJ4 How to avoid re-creating systems of control - https://youtu.be/EfoGnDoaBL8 Wallets, nodes, and monetary sovereignty - https://youtu.be/8Hb3tUn8s4E Is bitcoin testing governments? - https://youtu.be/UfRGo2LAIpo Geopolitics and state-sponsored attacks - https://youtu.be/htxPRTJLK-k Andreas M. Antonopoulos is a technologist and serial entrepreneur who has become one of the most well-known and respected figures in bitcoin. Follow on Twitter: @aantonop https://twitter.com/aantonop Website: https://antonopoulos.com/ He is the author of two books: “Mastering Bitcoin,” published by O’Reilly Media and considered the best technical guide to bitcoin; “The Internet of Money,” a book about why bitcoin matters. Subscribe to the channel to learn more about Bitcoin & open blockchains; click on the red bell to enable notifications about new videos! MASTERING BITCOIN, 2nd Edition: https://amzn.to/2xcdsY9 Translations of MASTERING BITCOIN: https://bitcoinbook.info/translations-of-mastering-bitcoin/ THE INTERNET OF MONEY, v1: https://amzn.to/2ykmXFs THE INTERNET OF MONEY, v2: https://amzn.to/2IIG5BJ Translations of THE INTERNET OF MONEY: Spanish, 'Internet del Dinero' (v1) - https://amzn.to/2yoaTTq French, 'L'internet de l'argent' (v1) - https://www.amazon.fr/Linternet-largent-Andreas-M-Antonopoulos/dp/2856083390 Russian, 'Интернет денег' (v1) - https://www.olbuss.ru/catalog/ekonomika-i-biznes/korporativnye-finansy-bankovskoe-delo/internet-deneg Vietnamese, 'Internet Của Tiền Tệ' (v1) - https://alphabooks.vn/khi-tien-len-mang MASTERING ETHEREUM: https://amzn.to/2xdxmlK Music: "Unbounded" by Orfan (https://www.facebook.com/Orfan/) Outro Graphics: Phneep (http://www.phneep.com/) Outro Art: Rock Barcellos (http://www.rockincomics.com.br/)
Views: 7397 aantonop

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