How Bitcoin Achieves Decentralization

in steem •  7 years ago  (edited)

Second lecture of the Bitcoin and cryptocurrency technologies online course.

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
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7 years ago by

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