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Explore the world of blockchains and cryptocurrencies in this comprehensive ACCU 2019 conference talk. Delve into the technical aspects of blockchain implementation, consensus mechanisms, and smart contracts while critically examining their potential applications and limitations. Learn about the distributed nature of public blockchains, their immutability, and the challenges they present in terms of data throughput and trust. Analyze the suitability of blockchain technology for various proposed use cases and consider the complexities of smart contract programming. Conclude with a balanced perspective, including a brief look at a potentially beneficial blockchain project. Gain insights from experienced programmer Jez Higgins as he demystifies the hype surrounding blockchain technology and offers a realistic assessment of its capabilities and drawbacks.
Syllabus
Introduction
The Blockchain
Provenance
Blockchain
Data Structure
Hash chain
Merkle tree
Bitcoin coffee
The peertopeer network
The true chain
Can transactions change
How do I know when Ive created a new block
Why do people build secret mining rigs
Block reward and transaction fees
Bitcoin Transactions
Smart Contracts
Lets Take A Moment
Banks Arent A Modern Invention
Taught by
ACCU Conference