Bitcoin: Where the Laws of Mathematics Prevail

Bitcoin: Where the Laws of Mathematics Prevail

Published on Jul 29, 2017
In this talk, Andreas speaks about Bitcoin as a system of commerce that is the culmination of decades of research into cryptography and digital currencies, and how it achieves digital scarcity through proof-of-work and decentralized consensus. He argues that Bitcoin is powerful because it is where the laws of mathematics prevail to deliver robust security, financial autonomy, and censorship resistance.

This talk took place on July 7th 2017 at a Bloktex event hosted by the Wisma BeeOn Group in Kuala Lumpur, Malaysia: https://antonopoulos.com/event/the-fu...

TOPICS:
00:00 Cryptographic primitives
01:02 The double-spend problem and the advent of digital scarcity
05:31 Trusting centralised authorities; early digital currency failures
06:47 What is a blockchain?
08:39 Proof-of-work and independent validation
11:18 Honesty is rewarded, cheating is expensive
13:55 Global network-centric, market-based security
17:10 The internet of money - commerce as the first application
17:33 Identity is optional; permissionlessness
18:15 Financial autonomy and censorship resistance
21:19 Transforming banking, finance, investment, and law
22:04 You cannot prohibit mathematics once people understand how it works
22:22 Open, public, permissionless, borderless blockchains

QUESTION & ANSWER:
How do I secure my bitcoin? -

SegWit, scaling, and consensus -

Inspiring cryptocurrency projects -

ICOs and responsible investment -

RELATED:
Bitcoin for Beginners -

Blockchain for Beginners -

Hard Promises, Soft Promises: Promoting Autonomy instead of Authority -

The Stories We Tell About Money -

Blockchain vs. Bullshit: Thoughts on the Future of Money -

The revolution in trust -

The War on Cash and Crypto -

Migrating to post-quantum cryptography -

Forkology: A Study of Forks for Newbies -

The Lion and the Shark: Divergent Evolution in Cryptocurrency -

What is the role of nodes? -

Governance trade-offs in decentralised systems -

Why are decentralised networks resistant? -

Andreas M. Antonopoulos is a technologist and serial entrepreneur who has become one of the most well-known and well-respected figures in bitcoin.

Follow on Twitter: @aantonop https://twitter.com/aantonop
Website: https://antonopoulos.com/

He is the author of two books: “Mastering Bitcoin,” published by O’Reilly Media and considered the best technical guide to bitcoin; “The Internet of Money,” a book about why bitcoin matters.

THE INTERNET OF MONEY, v1: https://www.amazon.co.uk/Internet-Mon...

MASTERING BITCOIN: https://www.amazon.co.uk/Mastering-Bi...

[NEW] MASTERING BITCOIN, 2nd Edition: https://www.amazon.com/Mastering-Bitc...

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Music: "Unbounded" by Orfan (https://www.facebook.com/Orfan/)
Outro Graphics: Phneep (http://www.phneep.com/)
Outro Art: Rock Barcellos (http://www.rockincomics.com.br/)
Category
Science & Technology
License
Creative Commons Attribution license (reuse allowed)

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