Upgrade to Pro — share decks privately, control downloads, hide ads and more …

How Bitcoin Works

Avatar for Penelope Phippen Penelope Phippen
June 01, 2013
140
0

How Bitcoin Works

Avatar for Penelope Phippen

Penelope Phippen

June 01, 2013

More Decks by Penelope Phippen

See All by Penelope Phippen
Introducing Rubyfmt
Avatar for Penelope Phippen penelope_zone
0
610
How RSpec Works
Avatar for Penelope Phippen penelope_zone
0
6.8k
Quick and easy browser testing using RSpec and Rails 5.1
Avatar for Penelope Phippen penelope_zone
1
110
Teaching RSpec to play nice with Rails
Avatar for Penelope Phippen penelope_zone
2
170
Little machines that eat strings
Avatar for Penelope Phippen penelope_zone
1
130
What is processor (brighton ruby edition)
Avatar for Penelope Phippen penelope_zone
0
140
What is processor?
Avatar for Penelope Phippen penelope_zone
1
380
extremely defensive coding - rubyconf edition
Avatar for Penelope Phippen penelope_zone
0
290
Agile, etc.
Avatar for Penelope Phippen penelope_zone
2
260

Featured

See All Featured
Measuring & Analyzing Core Web Vitals
Avatar for Philip Tellis bluesmoon
9
860
Distributed Sagas: A Protocol for Coordinating Microservices
Avatar for Caitie McCaffrey caitiem20
333
22k
Creating an realtime collaboration tool: Agile Flush - .NET Oxford
Avatar for Marc Duiker marcduiker
35
2.5k
Balancing Empowerment & Direction
Avatar for Lara Hogan lara
6
1.1k
[RailsConf 2023] Rails as a piece of cake
Avatar for Vladimir Dementyev palkan
59
6.7k
Efficient Content Optimization with Google Search Console & Apps Script
Avatar for Katarina Dahlin katarinadahlin
PRO
1
600
The Director’s Chair: Orchestrating AI for Truly Effective Learning
Avatar for Mike Taylor tmiket
1
190
Ethics towards AI in product and experience design
Avatar for Skipper Chong Warson skipperchong
2
310
Digital Ethics as a Driver of Design Innovation
Avatar for Per Axbom axbom
PRO
1
310
Practical Tips for Bootstrapping Information Extraction Pipelines
Avatar for Matthew Honnibal honnibal
25
1.9k
Tell your own story through comics
Avatar for letsgokoyo letsgokoyo
1
950
Dealing with People You Can't Stand - Big Design 2015
Avatar for Cassini Nazir cassininazir
367
27k

Transcript

  1. How works Sam Phippen /samphippen

  2. Confession: I am actually a rubyist

  3. Confession: I am actually a rubyist I am actually a

    rubyist...

  4. ...but I love Python

  5. None

  6. Bitcoin is a peer to peer network

  7. Nodes relay and emit transactions

  8. Nodes can mine

  9. Mining is a hard crypto problem that verifies transactions

  10. Mining produces “blocks”

  11. Each block has a parent Like a git commit

  12. Longest block chain always wins

  13. Bitcoin totally does not scale

  14. From their wiki: “Let’s assume an average rate of 2000

    transactions per second... this means shifting 1 gigabyte per second”

  15. Let’s have some questions /samphippen [email protected] http://teaisaweso.me/talks