Wicked insight into the origin and fundamentals of Bitcoin
I´m leaving you here the episode 39 of the Adventures in Finance Podcast, hosted by Grant Williams (co-founder of Real vision), entitled "Bits, Blocks & Forks: The Story of Bitcoin and the Blockchain".
It includes parts of interviews with Trace Meyer, of The Bitcoin Knowledge Podcast, and Bruce Kleinman, author of The Bitcoin Tutorial, in wich they trace the rise of bitcoin and the blockchain from their unceremonious unveiling to the world in a simple, pseudonymous 8-page White Paper in October 2008 to the recent hard and soft forks. They look at the architecture and the technology underpinning this revolutionary protocol, decode some of the more complex ideas and, amidst a tsunami of ICO offerings, try to assess the future for cryptocurrencies in general and bitcoin in particular.
The first 39 minutes of this podcast are plainly WICKED!!!
PS: I´m also leaving you the introduction as text because I plainly love it :)
"In October 2008, that the world is still shaking from the collapse of Lehman Brothers and the future of the entire financial system being questioned, in a tiny corner of the Internet, a white paper is quietly published with little fanfare. The paper read 8 pages and it concluded thus: “We have proposed a system for electronic transactions without relying of trust. The network is robust in its unstructured simplicity, nodes were all at once with little coordination, they do not need to be identified since messages are not rooted to any particular place and only need be delivered on a best efforts basis. Nodes can leave and rejoin the network at will except in a proof of work chain as proof of what happened while they were gone”. The white paper was titled simply: “Bitcoin: A peer to peer electronic cash system”, and its author identified himself with an e-mail address, the URL bitcoin.org and a name: Satoshi Nakamoto.
Just three months later in January of 2009, the technology outlined in Nakamoto’s eight page white paper appeared, and though few people realized it at the time, the world had changed
Eight years later, with the units of Nakamoto’s simple peer to peer electronic cash system changing hands at 6000$ each, we examine the rise of the hottest and most misunderstood asset class in the financial world."
Congratulations @wotanjr! You have completed some achievement on Steemit and have been rewarded with new badge(s) :
You got a First Reply
Click on any badge to view your own Board of Honor on SteemitBoard.
For more information about SteemitBoard, click here
If you no longer want to receive notifications, reply to this comment with the word
STOP
Congratulations @wotanjr! You have completed some achievement on Steemit and have been rewarded with new badge(s) :
Award for the number of upvotes
Click on any badge to view your own Board of Honor on SteemitBoard.
For more information about SteemitBoard, click here
If you no longer want to receive notifications, reply to this comment with the word
STOP