Bitcoin & Cryptocurrency Technologies Part II

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    How Bitcoin Achieves Decentralization

    A video with high level of technicality. A must watch video for all crypto enthusiasts.

    Coursera second lecture of the Bitcoin and cryptocurrency technologies online course.

    A lot of activity has been around Bitcoin & Co for the past few years. However, many of us don’t realize the opportunities and the doors’ opening effect this technology brings along.

    This video contains the following topics.

    Centralization vs. decentralization 1:12

    Distributed consensus 4:45

    Consensus without identity: the blockchain 17:46

    Incentives and proof of work 35:43

    Putting it all together 55:39

    Still not sure how all of this work? Have a look at this Bitcoin & Cryptocurrency Infographics or check out Part III

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