Blockchain tutorial 1: Binary, decimal and hexadecimal numbers
Blockchain tutorial 1: Binary, decimal and hexadecimal numbers
This is part 1 of the Blockchain tutorial explaining what binary, decimal and hexadecimal numbers are.
In this video series different topics will be explained which will help you to understand what Blockchain technology is.
Bitcoin released as open source software in 2009 is a cryptocurrency invented by Satoshi Nakamoto (unidentified person or group of persons).
After the introduction of Bitcoin many Bitcoin alternatives were created. These alternate cryptocurrencies are called Altcoins (Litecoin, Dodgecoin etc).
Bitcoin's underlying technology is called Blockchain.
The Blockchain is a distributed decentralized incorruptible database (ledger) that records blocks of digital information. Each block contains a timestamp and a link to a previous block.
Soon people realises that there many other use cases where the Blockchain technology can be applied and not just as a cryptocurrency application.
New Blockchain platforms were created based on the Blockchain technology, one of which is called Ethereum.
Ethereum focuses on running programming code, called smart contracts, on any decentralized application.
Using the new Blockchain platforms, Blockchain technology can be used in supply chain management, healthcare, real estate, identity management, voting, internet of things, etcetera, just to name a few.
Today there is a growing interest in Blockchain not only in the financial sector but also in other sectors.
Explaining how Blockchain works is not easy and for many the Blockchain technology remains an elusive concept.
This video series tries to explain Blockchain to a large audience but from the bottom up.
Keywords often used in Blockchain conversation will be explained.
Each Blockchain video is short and to the point.
It is recommended to watch each video sequentially as I may refer to certain Blockchain topics explained earlier.
Point adding and point doubling equations:
http://www.mobilefish.com/services/cryptocurrency/cryptocurrency_v1.html
The Standards for Efficient Cryptography Group (SECG):
http://www.secg.org
Python script:
https://github.com/wobine/blackboard101/blob/master/EllipticCurvesPart4-PrivateKeyToPublicKey.py
YouTube Movie Bitcoin 101 Elliptic Curve: Cryptography by James D'Angelo
The presentation used in this video tutorial can be found at:
http://www.mobilefish.com/developer/blockchain/blockchain_quickguide_tutorial.html
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it's interesting math, but sometimes I have a headache, i vote for u, and i'm new member
Absolutely awesome to see such good content on here, I'll be following man XD make more of these tutorials and info posts! If you could make one going indepth into token mechanics for Ethereum that'd be awesome ;)