Lecture 2 — How Bitcoin Achieves Decentralization [9RnbMuod6NP]

Lecture 2 — How Bitcoin Achieves Decentralization [9RnbMuod6NP]

| 1h 28m 28s | Video has closed captioning.

Second lecture of the Bitcoin and cryptocurrency technologies online course. For the accompanying textbook, including the free draft version, see: In this lecture (click the time to jump to the section): * Centralization vs. decentralization 1:12 * Distributed consensus 4:45 * Consensus without identity: the block chain 17:46 * Incentives and proof of work 35:43 * Putting it all together 55:39 #bitcoin suchanfragen #crypto redeem #liquidations crypto