Search results “Size bitcoin blockchain”
Bitcoin: Is the Block Chain Getting too Big?
In this video I talk about the bitcoin block chain. I've gotten lots of emails asking if there is positive or negative effects of a ever growing block chain size. I discuss that and mush more in this bitcoin episode. Twitter: https://twitter.com/JPSchaumleffel E-Mail: [email protected] Donate Bitcoins? My address is: 1AWSU3BoKzWoGxeydNsEPLoupC4vdfg7wC
Views: 2775 GamersGoneTech
Bitcoin Q&A: Scaling and the block size debate
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: 11399 aantonop
Bitcoin Problems - Computerphile
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: 286344 Computerphile
Bitcoin Scaling Explained: Big Blocks vs. SegWit
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: 21001 World Crypto Network
bitcoin blockchain size
See if you could imagine the amount of Gigs it takes from your HD
Views: 260 Modx Customize
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The Bitcoin and Blockchain Technology Explained
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: 391178 Rodrigo Henrik
Is the Bitcoin Block Chain too big?
In this video I talk about how I believe the Bitcoin client block chain log is getting to big. I also discuss options that I think, that could help us guard against the future exponential increase of block size. What is BitCoin: http://youtu.be/Um63OQz3bjo MtGox: https://mtgox.com BitCoin Charts: http://bitcoincharts.com/ BitCoinity: http://bitcoinity.org/markets BitCoin.org: http://bitcoin.org/ Twitter: https://twitter.com/GamersGoneTech Reddit: http://www.reddit.com/r/GamersGoneTech E-Mail: [email protected] Donate BitCoins? My address is: 1AWSU3BoKzWoGxeydNsEPLoupC4vdfg7wC
Views: 2005 GamersGoneTech
Blockchain 101 Ep 62 - Why does Bitcoin need to scale?
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: 250 Huobi Global
Bitcoin Block Size - Advantages and Disadvantages
https://www.indicrypto.com - Indian Cryptocurrency Analysis, Tools, Tutorials, Data and News Get Bitcoin worth Rs 50 worth free: https://koinex.in/?ref=f2b486 Download free Beginners Bitcoin Investing Guide @ https://www.indicrypto.com/free-bitcoin-report/ Donations: https://www.indicrypto.com/donate/ Follow Us on Social Media: Website - https://www.indicrypto.com Twitter - https://twitter.com/indi_crypto Facebook - https://facebook.com/indicrypto Instagram - https://instagram.com/indicrypto *Some of these links may be affiliate links, meaning if you click and purchase something, I may receive a small commission at no additional cost to you. I only recommend companies and products I personally use, and any commissions help to pay for content creation. Thanks! * ** These are simply my own opinions and not financial advice as such, this should not be treated as financial, trading or otherwise investment advice. **
Views: 186 IndiCrypto
bitcoin block size
Discover An Amazing System to Leverage Bitcoin into an Unlimited Income. Anyone Can Do This - Simple and Affordable. https://aioptk.com/12z3 Al - 318.308.4290 --- Mar 27, 2017 - Venezuelans Using 'Rare Pepes' and Bitcoin As Currency shape and size on /r/MemeEconomy, attempting to create a stock market in meme popularity. . People are driven to scrip, such as Bitcoin, and to the black market. Predicting bitcoin fees for transactions. Fees are displayed in Satoshis/byte of Earn Bitcoin by Reading Email. Learn more in blocks, estimated in minutes May 15, 2017 - To make this work right you need to find the correct key to plug into the XPUB parameter, so that the addresses generated by Business::Bitcoin Bitcoin is the biggest thing since TCP/IP, and we can implement this technology for you to grow your business as one of the FIRST-MOVERS - extend existing Feb 9, - The first complete draft of the Princeton Bitcoin textbook is now freely available. We're very happy with how the book turned out: it's bitcoin block size current bitcoin blockchain size bitcoin block size chart bitcoin block size debate litecoin block size bitcoin blockchain size problem satoshi dice bets bitcoin block size increase bitcoin blockchain size 2016 #bitcoinblocksize #currentbitcoinblockchainsize #bitcoinblocksizechart #bitcoinblocksizedebate #litecoinblocksize #bitcoinblockchainsizeproblem #satoshidicebets #bitcoinblocksizeincrease #bitcoinblockchainsize2016
Bitcoin Block Size Problem Challenge CryptoCurrency Flat Earth Coin Open Source Blockchain
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.
KCN: Size of Bitcoin blockchain has exceeded 100 GB
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: 210 KCN News
Resolve Bitcoin Core Blockchain size problem
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: 2485 loi do duy
What is Bitcoin's Scaling Problem?
Bitcoin is in the midst of a 'civil war'. Right now the incredible uptake of bitcoin around the world is slowing down the network to a crawl. It goes against everything bitcoin is for. It needs to scale (get bigger and faster) but how can a decentralised network do it? It's no easy answer but here we have a look at what it all means.
Views: 1702 Sam Volkering
Bitcoin Fundamentals: Block Size, Bitcoin Scalability, & SegWit
https://docs.google.com/presentation/d/1UWcpLF55_TAjgNK8Xkpys4v6EOVgp9bdXDDsR12_Q1g/edit?usp=sharing BTC Tipjar 13hpkV7BSkk4pFcTZjp4DFkBPSp81nQVwh https://twitter.com/CarpeNoctom Referral & Affiliate Links 1broker - https://1broker.com/?c=en/action/r&i=2529 Trezor Hardware Wallet - https://buytrezor.com?a=e2431cfb0407 Samsung Meteor Microphone - https://t.co/vjz6fVHmw1 Dragonpad Pop Filter - https://t.co/PYEK0GWGiW
Views: 1441 Josh Olszewicz
How to Calculate Bitcoin Transaction Size
Every time we send a bitcoin transaction, we pay a fee relative to its size. Strangely, this has almost nothing to do with how much money is being sent -- the blockchain world just isn't that simple! Instead, the fee depends on how many unique inputs, or UTXOs, the transaction requires. --- This eposide is sponsored by KeepKey: The Simple Bitcoin Hardware Wallet. KeepKey is a hardware wallet that secures bitcoin, ethereum, litecoin, dogecoin, dash, and bitcoin cash. Your assets are protected from hackers and thieves. Pick up yours today at https://keepkey.com. --- About the show: One Minute Crypto is among the fastest-paced bitcoin shows in the universe. We cover everything on blockchain technology: walkthroughs, tutorials, news, and more. Check us out at http://oneminutecrypto.com. Music: http://bensound.com
Views: 639 Chronos Crypto
Blockchain scaling problem And ICO Doom!
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: 13421 Ameer Rosic
ByteSize Blockchain Intro
Short byte size education on Blockchain, Bitcoin, Ethereum, and technology. http://ByteSizeBlockchain.com
Views: 842 ByteSize Blockchain
What is Blockchain ? - Explained (BEST ANIMATION)
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Views: 64849 Tech Toons
Big Changes For Bitcoin Cash - Impact of Block Size & Adding Tokens To The Blockchain
Bitcoin Cash is in the process of making some pretty significant changes. They have increased their block size to 32Mb and are now considering the possibility of adding tokens to their blockchain. There are pros and cons to both sides, but I like that they are taking action and making changes. Regardless of whether you like or dislike Bitcoin Cash, you have to respect them taking action to stay relevant. ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ ► Business Email: [email protected] Useful Links Proud Ambassador Of Dacxi: https://dacxi.com/ Discuss Crypto with Me ►►https://skrillaking.com/discord Buy Bitcoin, Get $10 ►►https://skrillaking.com/coinbase Buy Cryptos on Binance ►►https://skrillaking.com/binance My #1 Hardware Wallet ►►https://skrillaking.com/ledger ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ Social Links ► Twitter: https://twitter.com/SkrillaKingReal ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ DISCLAIMER: Only invest what you can comfortably afford to live without, and consult a qualified financial advisor if you’re serious about investing. The content of these videos is meant to be informative and entertaining and should not be construed as financial advice, a guarantee of returns, or an official endorsement of any company, party, platform, agent, etc. unless otherwise explicitly noted. #Bitcoin #Blockchain #crypto
Views: 268 SkrillaKing
Bitcoin and Blockchain ending world poverty? Programmer explains.
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: 7123 Ivan on Tech
Blockchain media - Ivan on Tech, Boxmining and Bite Size Bitcoin Killing it
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: 9321 Ivan on Tech
On Bitcoin Reaching Block Size Limits
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: 1026 Tommy World Power
Bitcoin Block Size Problem Challenge CryptoCurrency Flat Earth Coin Open Source Blockchain
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.
Views: 1 Pinkie Longshore
Big Blocks Can Scale | But Will It Centralize Bitcoin?
Bitcoin Whitepaper: http://nakamotoinstitute.org/bitcoin/ Satoshi quotes on nodes: http://satoshi.nakamotoinstitute.org/quotes/nodes/ Good reads: https://medium.com/@shibuyashadows/what-is-a-full-node-a64bd71b5d0c https://medium.com/@olivierjanss/why-non-mining-full-nodes-are-a-terrible-idea-ad3c49f7a7b6 Donation wallets: BTC: 15hj4CgsqxWQPA5n1poAvxFYgu3vvnWjAX BCH: qpenukthg3h4egdfrlgt5awaehxk4ejsgsue2n4zmc XMR: 4A4MQAT6Ev9FgLzt7iqcEt31WrRHhk5Xe9auLh6MwXsTJWmsJoqpw24Us1BCn3HYZUV9BCZSM3kwQ6W5KgW5ZSM71T7RA2F Eth: 0xeF9A0E52f2817C294946Bf48CBb794d8117e9612 Uncensored Bitcoin Reddit: www.reddit.com/r/btc/ contact me Email: [email protected] Twitter: @don_wonton
Views: 17561 Decentralized Thought
"Blockchain" or Bitcoin: Understanding the differences
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: 59744 aantonop
Bitcoin Cash Explained ( BTC vs BCH )
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: 10957 Aimstone
Bruce Fenton of Bitcoin Foundation on Blockchain, Bitcoin and Bernie Sanders
Anarchast Ep.334 Jeff interviews well known Bitcoin activist and Bitcoin foundation member, Bruce Fenton, topics include: watching the rise of Bitcoin, the blockchain will change the world, a new invention, the power of decentralization, bitcoin poised for wider adoption, the 'block size' capacity debate, micro-transactions currently not economic, side chain solutions, altcoins, talking freedom in Saudi Arabia, libertarian Muslims, the madness of western policing and the war on drugs, putting on a costume to go out and fight crime, anarchist is the new libertarian, Obama created more state power, popular ridicule of the presidency, the solution is not more government, Trump helps raise questions over centralized power, what is Hitler without state power? Twitter @brucefenton : https://twitter.com/brucefenton?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor Bruce Fenton Page on Facebook: https://www.facebook.com/bruce.fenton.page/?fref=ts Anarchapulco 2017: http://anarchapulco.com Anarchast on Facebook: https://www.facebook.com/Anarchast/?fref=ts The Dollar Vigilante on Steemit: https://steemit.com/@dollarvigilante Anarchast: http://anarchast.com/ Enjoy our content and would like to see us get more amazing guests and spread the word of freedom? A donation to this BTC address will give us more resources to do so: 16AJs5DFEcfCuXkwmx1o54Ld4yXzPP1gVR
Views: 14439 TheAnarchast
Ever wonder how Bitcoin (and other cryptocurrencies) actually work?
Bitcoin explained from the viewpoint of inventing your own cryptocurrency. Videos like these made possible by patreon: https://patreon.com/3blue1brown Protocol Labs: https://protocol.ai/ Interested in contributing? https://protocol.ai/join/ Special thanks to the following patrons: http://3b1b.co/btc-thanks Some people have asked if this channel accepts contributions in cryptocurrency form as an alternative to Patreon. As you might guess, the answer is yes :). Here are the relevant addresses: ETH: 0x88Fd7a2e9e0E616a5610B8BE5d5090DC6Bd55c25 BTC: 1DV4dhXEVhGELmDnRppADyMcyZgGHnCNJ BCH: qrr82t07zzq5uqgek422s8wwf953jj25c53lqctlnw LTC: LNPY2HEWv8igGckwKrYPbh9yD28XH3sm32 Supplement 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 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: 2261498 3Blue1Brown
Bitcoin Has "Run Out Of Juice", Crypto Collections And Bitcoin Block Size Increase
Open An Account With Binance! https://www.binance.com/?ref=22170588 ----------------------------------------------------------------------------- Mine Bitcoin On Your Computer For Free: https://honeyminer.com/referred/58xpg ------------------------------------------------------------------------------ Sign up and buy on Coinbase to receive $10 for Free! https://www.coinbase.com/join/529b4566229f2d548e000092 ------------------------------------------------------------------------------ Bitcoin Donations Address: 1BYhrLpntMYW97sd8K6fquTcr5MYwPAe2y Ripple (XRP) Donation Address: rLDZeEw8nmsDjLQtACp53Bm9QDcB5bT3S6 Ethereum Donation Address: 0x0e5f5CEFaA9A0713AB6D8F79E6679E22d86C21f6 Litecoin Donation Address: Lh7dbMcXHTxaEAKg4tigKxoXCikceU4ZnM BAT Donation Address: 0x0e5f5CEFaA9A0713AB6D8F79E6679E22d86C21f6 OmiseGo Donation Address: 0x0e5f5CEFaA9A0713AB6D8F79E6679E22d86C21f6 -------------------------------------------------------------------------------- Follow me On Facebook ! https://www.facebook.com/TheModernInvestor https://www.youtube.com/channel/UC-5HLi3buMzdxjdTdic3Aig --------------------------------------------------------------------------------- Photo Credit To: https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F469361%2Fbitcoin-ethereum-cryptocurrency-blockchain-ripple-getty.jpg&w=700&op=resize
Views: 21746 The Modern Investor
Bitcoin Block Size Problem Challenge CryptoCurrency Flat Earth Coin Open Source Blockchain P2P Money
https://twitter.com/VanosEnigmA https://www.facebook.com/VanosEnigmA Thank you mucho meow for your Bitcoin donation: 1FJ9ZZcnKqhiiYWNhbpBaqy9QQHTBSmsP8 Part of the video is from Andreas M. Antonopoulos Comments are welcome on Twitter: https://twitter.com/VanosEnigmA #LetsTalkFE is inspired by LetsTalk Bitcoin ;) Videos with Translation #ESPAÑOL: https://twitter.com/CryptoEEV What are your favorite Hashtags? Mine: https://www.youtube.com/user/EnigmaislandVanos/about If you like LIBERTY -use #CreativeCommons +CryptoCurrency eg Bitcoin if possible! INNOVATION + #FreedomOfExpression is inhibited by the PERVERSE LAW of Intellectual Property!!! Feel free to upload these videos anywhere! VanosEnigmA ;) #Bitcoin's Block Size Problem Challenge #Cryptocurrency Flat Earth Coin #OpenSource VR Analogy #FinTech #Finance #Projects #FE #LetsTalkFE #FlatEarth #Community #Network #Collaboration #Blockchain #P2P #Cat #Humor #Money #BitcoinMining #FreeEnergy #OffTheGrid #FlatEarthCoin Backed by #Bitcoin #Cyber #Security #Decentralized #FunnyMoney #Art #BitcoinArt #Money #News #FEcoin #Networking #Cooperation #TierraPlana #Innovación #Dinero #TierraPlanaCoin #CriptoMoneda #BitcoinEspañol #Motivación #Empleo #PYME #Ingreso #BitcoinPerMinute #Bitcoin2A #InfoSec #SmartContracts #Startups #Augur #Innovation #InternationalCatStation #V ;) #Bitcoiners #FlatEarthers @FlatEarthV #Bitcoiners #FlatEarthers @DonotCoin #Altcoin @FlatEarthV #Hashtags Andreas M. Antonopoulos 16 01 26 01
Bigger than bitcoin? Enterprise Ethereum Alliance grows in size
Whats New - Source: Bigger than bitcoin? Enterprise Ethereum Alliance grows in size. Neil Ainger. Corporate support for the Enterprise Ethereum Alliance (EEA) is growing after 86 firms including State Street, Toyota, Merck, ING, Broadridge and Rabobank joined the collective that is seeking to use blockchain technology to run smart contracts at Fortune 500 companies. Ethereum is an open-source, public, blockchain that anyone can use as a decentralized ledger. It has its own cryptocurrency called ether on the front-end, which is similar to Bitcoin, but the underlying Ethereum network is what is attracting companies' interest. While the original Bitcoin blockchain has tended to be used for consumer payment transactions, the adoption of Ethereum blockchain technology by the corporate world means it could eventually be bigger than its early stage rival. Ethereum technology is specifically intended to support smart contract applications that can automate complex physical and financial supply chain procedures and compliance processes involving multiple parties. It has numerous potential internal end uses such as reconciliation. A smart contract on the Ethereum network is merely a way for people to make agreements and automate enforcement, all on a distributed network of computers. The contract is essentially an operating procedure that aids efficient management. John Hancock Financial, for example, is experimenting with a tailored version of Ethereum to keep track of compliance with know your customer KYC and anti-money laundering AML regulations in its wealth management unit. Meanwhile, European aircraft maker Airbus is testing to see if its supply chain management can be shifted to a blockchain that relies on Ethereum. JPMorgan Chase, Microsoft, IBM, CME Group, BNY Mellon and other large multinationals are already EEA members, having joined when it was established in February 2017. In a statement, Julio Faura, chairman of the EEA and head of blockchain innovation at Banco Santander, said, "the enthusiasm around EEA is remarkable". He added: "Our new members come from varying industries such as pharma, mobile, banking, automotive, management consulting, and hardware." http://www.cnbc.com/2017/05/23/bigger-than-bitcoin-enterprise-ethereum-alliance-grows-in-size.html Be sure to visit us at Twitter http://[email protected] Feel support us by visiting our website for additional information: link: http://stayingfittoday.com whatsnewmonty
Views: 110 WHATS NEW
Bitcoin: "Failing to Scale" - Prague 2016
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 at the Institute of Cryptoanarchy's Paralelni Polis on March 22nd 2016 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: 25939 aantonop
"Blockchain Good, Bitcoin Bad" Triggers Me
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: 8915 Crypto Investor
Blockchains have Speed Limits Too
The debate has been raging for years: when and how to increase Bitcoin's maximum block size limit. Although it seems like a central issue today, it's just one of many limiting factors. --- This episode is sponsored by Americas Cardroom, the most trusted online poker site. Fund your account AND claim your winnings using your favorite cryptocurrency!   Make your first deposit using bonus code CHRONOS to get 100% bonus + up to $50 cash.   US players welcome! Play TODAY: http://ow.ly/NEzd30guKzU --- About the show: One Minute Crypto is among the fastest-paced bitcoin shows in the universe. We cover everything on blockchain technology: walkthroughs, tutorials, news, and more. Check us out at http://oneminutecrypto.com. Music: http://bensound.com
Views: 459 Chronos Crypto
How to buy Bitcoin Blockchain (Bitcoin News 22.11.2017) தமிழ்/Tamil
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: 576 Tamilidea
What is BITCOIN SCALABILITY PROBLEM? What does BITCOIN SCALABILITY PROBLEM mean? BITCOIN SCALABILITY PROBLEM meaning - BITCOIN SCALABILITY PROBLEM definition - BITCOIN SCALABILITY PROBLEM explanation. SUBSCRIBE to our Google Earth flights channel - https://www.youtube.com/channel/UC6UuCPh7GrXznZi0Hz2YQnQ Source: Wikipedia.org article, adapted under https://creativecommons.org/licenses/by-sa/3.0/ license. The bitcoin scalability problem refers to the limits on the amount of transactions the bitcoin network can process. It is a consequence of the fact that records (known as blocks) in the bitcoin blockchain are limited in size and frequency. Bitcoin's blocks include the transactions on the bitcoin network.:ch. 2 The transaction processing capacity of the bitcoin network is limited by the average block creation time of 10 minutes and the block size limit. These jointly constrain the network's throughput. The transaction processing capacity maximum is estimated between 3.3 and 7 transactions per second. There are various proposed and activated solutions to address this issue. The one-megabyte limit has created a bottleneck in bitcoin, resulting in increasing transaction fees and delayed processing of transactions that cannot be fit into a block. Various proposals have come forth on how to scale bitcoin, and a contentious debate has resulted. Business Insider in 2017 characterized this debate as an "ideological battle over bitcoin's future." Dealing with scalability problems requires making changes to the technical workings of bitcoin, in a process known as a fork. Forks can be grouped into two types: 1. Hard fork! A hard fork occurs when a blockchain splits into two incompatible separate chains. This is a consequence of the use of two incompatible sets of rules trying to govern the system. For example, Ethereum has hard-forked to "make whole" the investors in The DAO, which had been hacked by exploiting a vulnerability in its code. In 2014 the Nxt community was asked to consider a hard fork that would have led to a rollback of the blockchain records to mitigate the effects of a theft of 50 million NXT from a major cryptocurrency exchange. The hard fork proposal was rejected, and some of the funds were recovered after negotiations and ransom payment. Bitcoin Cash and Bitcoin Gold are examples of hard forks of bitcoin. Bitcoin XT and Bitcoin Classic both supported an increase to the maximum block size through a hard fork. Bitcoin Unlimited supports a variable block size limit, which may result in a hard fork. 2. Soft fork! In contrast to a hard fork, a soft fork is a change of rules that creates blocks recognized as valid by the old software, i.e. it is backwards-compatible. A soft fork can also split the network when non-upgraded software creates blocks not considered valid by the new rules. A user-activated soft fork (UASF) is a controversial idea that explores how to perform a blockchain upgrade that is not supported by those who provide the network's hashing power. Segregated Witness is an example of a soft fork. Various proposals for scaling bitcoin have been presented. In 2015, BIP 100 by Jeff Garzik and BIP 101 by Gavin Andresen were introduced. By mid-2015, some developers were supporting a block size limit of as high as eight megabytes. Bitcoin XT was proposed in 2015 to increase the transaction processing capacity of bitcoin by increasing the block size limit. Bitcoin Classic was proposed in 2016 to increase the transaction processing capacity of bitcoin by increasing the block size limit. "The Hong Kong Agreement" was a 2016 agreement of some miners and developers, colloquially termed "The Hong Kong Agreement," that contained a timetable that would see both the activation of the Segregated Witness (SegWit) proposal established in December 2015 by Bitcoin Core developers, and the development of a block size limit increased to 2 MB. However, both timelines were missed. SegWit2x was a proposed hard fork of the cryptocurrency bitcoin. The implementation of Segregated Witness in August 2017 was only the first half of the so-called "New York Agreement" by which those who wanted to increase effective block size by SegWit compromised with those who wanted to increase block size by a hard fork to a larger block size. The second half of SegWit2x involved a hard fork in November 2017 to increase the blocksize to 2 megabytes. On November 8, 2017 the developers of SegWit2x announced that the hard fork planned for around November 16, 2017 was canceled for the time being due to a lack of consensus....
Views: 40 The Audiopedia
Today's Top Cryptocurrency Headlines and Bitcoin News from the Blockchain World (October 6)
https://bitcoinexchangeguide.com/todays-top-cryptocurrency-headlines-and-bitcoin-news-from-the-blockchain-world-october-6 [Whoa] Ripple's Blockchain Ledger Sees 150 Million XRP Coins Move in New Mega-Transaction https://bitcoinexchangeguide.com/ripples-blockchain-ledger-sees-150-million-xrp-coins-move-in-new-mega-transaction/ Epic Games' Fortnite Video Game Could Transition onto Blockchain via MagnaChain Partnership https://bitcoinexchangeguide.com/epic-games-fortnite-video-game-could-transition-onto-blockchain-via-magnachain-partnership/ Guidepost Solutions CEO Security Expert: Cryptocurrency Regulations Are Improving https://bitcoinexchangeguide.com/guidepost-solutions-ceo-security-expert-cryptocurrency-regulations-are-improving/ Exploring the Possibility of Bitcoin and Crypto Being Killed by Financial Institutions https://bitcoinexchangeguide.com/exploring-the-possibility-of-bitcoin-and-crypto-being-killed-by-financial-institutions/ Major Financial Banks Are Eager About Cryptocurrency but Require Regulatory Clearance First https://bitcoinexchangeguide.com/major-financial-banks-are-eager-about-cryptocurrency-but-require-regulatory-clearance-first/ µTorrent Web from Tron's BitTorrent Surpasses the Million Daily User Mark https://bitcoinexchangeguide.com/utorrent-web-from-trons-bittorrent-surpasses-the-million-daily-user-mark/ Bitfinex Crypto Exchange Adds Three New Tron TRX/Fiat Pairs to its Platform https://bitcoinexchangeguide.com/bitfinex-crypto-exchange-adds-three-new-tron-trx-fiat-pairs-to-its-platform/ EU Market Regulator to Spend $1.1 Million EUR To Track Crypto in 2019 Annual Work Programme https://bitcoinexchangeguide.com/eu-market-regulator-to-spend-1-1-million-eur-to-track-crypto-in-2019-annual-work-programme/ Blockstream Co-Founder Claims New BTC Blockchain Block Size Breakthrough with No Hard Fork https://bitcoinexchangeguide.com/blockstream-co-founder-claims-new-btc-blockchain-block-size-breakthrough-with-no-hard-fork/ Bank of America to Open a Ripple (XRP) and Stellar (XLM) Competitor for 'Cross-Bank Operations' https://bitcoinexchangeguide.com/bank-of-america-plans-to-open-a-ripple-xrp-and-stellar-xlm-competitor-for-cross-bank-operations/ Moneynet ICO (MNC Token): Blockchain Social Network Service Rewards? https://bitcoinexchangeguide.com/moneynet-ico/ SAP PartnerEdge Program Welcomes Morpheus.Network to Improve Blockchain Supply Chains https://bitcoinexchangeguide.com/sap-partneredge-program-welcomes-morpheus-network-to-improve-blockchain-supply-chains/ Stackr: Cryptocurrency Savings and Investor Wealth Management Solution? https://bitcoinexchangeguide.com/stackr-cryptocurrency-savings-and-investor-wealth-management-solution/ Changelly Latest News Sees New Mobile Android App and CoolBitX Partnership https://bitcoinexchangeguide.com/changelly-latest-news-sees-new-mobile-android-app-and-coolbitx-partnership/ New Bitcoin Research Shows High-Earning Millennials Are Catching the Crypto Asset Bug https://bitcoinexchangeguide.com/new-bitcoin-research-shows-high-earning-millennials-are-catching-the-crypto-asset-bug/ Fundstrat Crypto Data Reveals Institutions Favor Bitcoin while Ripple Rules Twitter https://bitcoinexchangeguide.com/fundstrat-crypto-data-reveals-institutions-favor-bitcoin-while-ripple-rules-twitter/ Samsung and NVidia Produce Profits Despite Lower Crypto Mining GPU Demand https://bitcoinexchangeguide.com/samsung-and-nvidia-produce-profits-despite-lower-crypto-mining-gpu-demand/ Fibo Forex Broker Gifts Crypto Traders with PAMM (Percent Allocation Management Module) Services https://bitcoinexchangeguide.com/fibo-forex-broker-gifts-crypto-traders-with-pamm-percent-allocation-management-module-services/ New Clovr Crypto Survey: "Average American Bitcoin Enthusiast is a Young, Rich Man" https://bitcoinexchangeguide.com/new-clovr-crypto-survey-average-american-bitcoin-enthusiast-is-a-young-rich-man/ Ripple Official Compares XRP Coin Akin to Chevron’s Relationship to Oil https://bitcoinexchangeguide.com/ripple-official-compares-xrp-coin-akin-to-chevrons-relationship-to-oil/
What is a Bitcoin Full Node? Why would I want one?
Talking about Sovereignty https://bitcoin.org/en/download https://bitcoin.org/en/full-node#what-is-a-full-node https://blockchain.info/charts/blocks-size https://statoshi.info/dashboard/db/unspent-transaction-output-set https://bitnodes.earn.com/ -------------------------- Seminar: http://programmingblockchain.com/ Newsletter: http://eepurl.com/cZr_Aj Medium: https://medium.com/@jimmysong Twitter: https://twitter.com/jimmysong Github: https://github.com/jimmysong
The Problem with Bitcoin is Not Block Size
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: 421 banderdash
How BIG is Bitcoin? (6th Largest Currency)
Subscribe here: https://goo.gl/9FS8uF Become a Patron!: https://www.patreon.com/ColdFusion_TV CF Bitcoin address: 13SjyCXPB9o3iN4LitYQ2wYKeqYTShPub8 In this video we talk about the size and some other interesting facts about the phenomenon that is bitcoin. Hi, welcome to ColdFusion (formerly known as ColdfusTion). Experience the cutting edge of the world around us in a fun relaxed atmosphere. Sources: *Coming soon* //Soundtrack// Sonic Future - Remember That nExow & SEAWAVES – Firework Dakent - Noon (Mindthings Rework) Sinoptik Music - Don't Leave Me A Zed And Two L's - Fila Brazillia Deccies – Subtle MJ Cole - Sincere - Original (2000) » Google + | http://www.google.com/+coldfustion » Facebook | https://www.facebook.com/ColdFusionTV » My music | http://burnwater.bandcamp.com or » http://www.soundcloud.com/burnwater » https://www.patreon.com/ColdFusion_TV » Collection of music used in videos: https://www.youtube.com/watch?v=YOrJJKW31OA Producer: Dagogo Altraide » Twitter | @ColdFusion_TV
Views: 347669 ColdFusion
Why the bitcoin block size debate drags on.
Why does the bitcoin block size debate drag on? The main reason is very likely a financial incentive for miners to do nothing at all. They get paid increased transaction fees to do nothing. Link to Bitcoin Unlimited Interview: https://letstalkbitcoin.com/blog/post/epicenter-166-g-andrew-stone-andrew-clifford-bitcoin-unlimited Chart showing transaction fees: https://blockchain.info/charts/transaction-fees --------------------- Digital assets may lose holders all of their capital investment. This video makes no guarantees about anything, and I do not certify that the information provided is correct. Do your own research, make your own choices. This video is my personal commentary only.
How Does Bitcoin Work?
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: 958522 Techquickie
Bitcoin Q&A: Scaling strategies and adoption
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: 10729 aantonop
Roger Ver and Richard Heart Bitcoin debate.
Richard Heart: Billionaire, blockchain thought leader, cryptocurrency investor, author, serial entrepreneur, Bitcoin OG http://BitcoinHEX.com 10% off: https://www.bitmex.com/register/EYT1vW Use VPN if USA signup not allowed. Discounts Below. http://CFDtoken.com 50% off lifetime VPN Discount code: heart https://torguard.net/aff.php?aff=4248 Margin Trading 10% off https://www.bitmex.com/register/EYT1vW Bitcoin, Ethereum & more up to 100x with no personal info. Twitter http://twitter.com/RichardHeartWIN Telegram chats 5444 members: http://t.me/Strape http://t.me/StrapeCharts http://t.me/RichardHeartGifs Price calls http://t.me/RichardsCalls Discord chat https://discord.gg/gvyFnKu Charity http://SENS.org Youtube https://youtube.com/richardheart?sub_confirmation=1 My Book https://archive.org/details/SciViveBookOutline_201802 Time stamps: 2:24 Ver's position 9:43 Bitcoin use cases 14:30 Vitalik originally wanted to built Ethereum on Bitcoin 19:40 Chain rollbacks 21:14 Evidence of what has worked for years for Bitcoin (Increasing block size) 24:01 Chinese miners do not communicate with Bitcoin community/Fear of Chinese control 25:53 Blockchain over satellite transactions already happening 27:45 Options to discuss 28:51 Satoshi is a sellout or dead 30:32 1 MB limit & fees killed Bitcoin adoption 34:58 No one actually using Bitcoin 37:48 Blockstream wants high fees/Blockstream is not a monolith 39:23 Centralization is the result of large block size/Empty blocks 42:27 Miners catch on fire if they stop mining 43:30 Transactions disappeared after NYA - Not real transactions 44:07 "Bcash" 46:46 Bcash fork "stole" hashpower & Wix website risks 50:35 Ver sold a dozen Bitcoin for Bcash the day before 51:00 Stealing brand awareness/Blockstream ditching Satoshi's block size view 54:20 Becoming the evil that you hate as moderator/ r/Bitcoin overmoderated/Fanboys 58:26 If you believe censorship is bad, you must account for extremism 1:01:00 r/BTC could get attacked by altcoin/ICO shills 1:03:07 Hate for altcoins/ICOs and how to discourage them 1:10:28 Gone off the Bitcoin roadmap/Next step on Core's roadmap was larger block 1:12:16 Lightning network/Craig Wright should model if it would work/Craig invited to show 1:14:32 Craig Wright failures 1:15:57 Satoshi put in the 1 MB limit to prevent spam 1:17:14 Ver didn't know about Bitcoin cash, did NOT create it 1:18:32 Bcash wallet insecure "Electron cash"/risks/Richard created secure tutorial 1:21:44 Bcash should've started own brand 1:22:51 Blocks scale linearly 1:24:09 Pay someone to model lightning network to prove if it would work or fail
Views: 252555 Richard Heart
What is a Bitcoin Node? - Step by Step Explanation
What is A Bitcoin Node. Step by Step Explanation https://blockgeeks.com/ The bitcoin network consists of a network of nodes, which are just computers or servers running the Bitcoin software. The code ensures the nodes can find and establish connection with other nodes and hence form a network that is used by the various nodes to transfer information, like transactions, blocks and other data. Through this web of interconnecting nodes, bitcoin can send digital cash securely through the network. The underlying bitcoin code implements the bitcoin protocol. So how does a new node join the bitcoin network? First it must discover at least one peer to connect to and then it can get a list of other peers from that initial peer. There are a few methods a node can use to connect to its first peer. The bitcoin client contains a hardcoded list of well known DNS servers which can return a list of ip addresses of bitcoin nodes. Alternatively, the bitcoin client can be given a static ip address of a peer if one is known. You can pass this ip address as a parameter when starting the bitcoin client software through the command line. It’s important to note that bitcoin’s network topology is not geographically defined, so the physical location of the nodes in relation to one another is irrelevant.This means a node can find and connect to any other node regardless of where it is in the world. Once a node has the ip address of a peer, it then goes through an initial handshake to establish a connection with a remote node. First the local node will send a version message to the peer which contains some basic information about itself. This will always be the first message sent by any peer to another peer. The remote peer receiving the message will examine if the sender’s version is compatible with its own version. If it is, it will acknowledge the version message and establish a connection by sending a “version acknowledgment” message, which consists only of a message header with the command string “verack”. Once a node establishes connections with one or more peers, it will exchange some information with these peers. For example, nodes can exchange ip addr of their connected peers, so each node can maintain a list of peers that it can use to re-establish connection in the future since nodes can leave and join the network at anytime. A Node can also ask its peers what the length of their local copy of the blockchain is. It can then determine if it’s own copy of the blockchain is missing any blocks, and if so, can ask its peers to send the missing blocks. Of course it can also send blocks to other nodes who do not have as much data as itself. Let’s take a closer look at the various nodes in the network. Although all the nodes participate in the network, they have different roles depending on the functionalities they want to support. There are 4 major functions: routing, storage, mining and wallet services. The bitcoin core client implementation in c++ has all four of these functionalities. Routing is the bare minimum functionality a node must support in order to participate in the bitcoin network. It contains the functionality to discover and connect to other peers in the network and it also validates and propagates transactions and blocks through the network. It serves the purpose of keeping the network connection alive and passing information through the network. A node is called a full blockchain node if it stores a local copy of the entire blockchain database. A full node can autonomously and authoritatively verify any transactions without any external references. With a full node you get complete independence and freedom from central authority at the cost of hardware storage space. A mining node serve the special purpose of creating a new block to add to the blockchain. Mining nodes runs special mining software in order to solve a cryptographic puzzle to win mining rewards. They serve the purpose of adding new transactions into the blockchain. To learn more visit us at blockgeeks.com
Views: 2364 Blockgeeks
Eure Fragen zur #Block Size-Debatte | Ethereum-Schlösser | Wochenrückblick KW 12
Eure Fragen zur Skalierungsdebatte und die News der Woche! Aktuelle Informationen zu Bitcoin & Blockchain unter: www.btc-echo.de Bitcoin-Kurs verfolgen: https://www.btc-echo.de/btc-kursanalyse-kw12-dank-fork-zu-neuen-tiefstaenden/ Ethereum auf den Schirm haben: https://www.btc-echo.de/eth-kursanalyse-kw12-plateau-bei-neuem-alltime-high/
Has Bitcoin & Blockchain Tech Gone Mainstream?
Crypto continues to surge. Ripple is almost at half of Bitcoin's market cap size and is being adopted by big banks. The public is becoming more aware of the functionality of Ethereum and its Dapps. Are we in a bubble or has Bitcoin & Blockchain tecnology finally gone mainstream? Exciting times folks. Thanks for tuning in! Subscribe and leave a comment below. Related article: Is This The Beginning of Cryptocurrency Mass Adoption? https://steemit.com/cryptocurrency/@jrcornel/is-this-the-beginning-of-cryptocurrency-mass-adoption
Views: 377 ChampagneCrypto

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