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

How Bitcoin Works

Sponsored · Your Podcast. Everywhere. Effortlessly. Share. Educate. Inspire. Entertain. You do you. We'll handle the rest. →
Avatar for Penelope Phippen Penelope Phippen
June 01, 2013
0
140

How Bitcoin Works

Avatar for Penelope Phippen

Penelope Phippen

June 01, 2013
Tweet

More Decks by Penelope Phippen

See All by Penelope Phippen
Introducing Rubyfmt
Avatar for Penelope Phippen penelope_zone
0
590
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
98
Teaching RSpec to play nice with Rails
Avatar for Penelope Phippen penelope_zone
2
160
Little machines that eat strings
Avatar for Penelope Phippen penelope_zone
1
120
What is processor (brighton ruby edition)
Avatar for Penelope Phippen penelope_zone
0
130
What is processor?
Avatar for Penelope Phippen penelope_zone
1
370
extremely defensive coding - rubyconf edition
Avatar for Penelope Phippen penelope_zone
0
280
Agile, etc.
Avatar for Penelope Phippen penelope_zone
2
240

Featured

See All Featured
How to Talk to Developers About Accessibility
Avatar for Jason CranfordTeague jct
2
130
Digital Projects Gone Horribly Wrong (And the UX Pros Who Still Save the Day) - Dean Schuster
Avatar for UX Y'all uxyall
0
320
How to Ace a Technical Interview
Avatar for Jacob Kaplan-Moss jacobian
281
24k
The State of eCommerce SEO: How to Win in Today's Products SERPs - #SEOweek
Avatar for Aleyda Solis aleyda
2
9.5k
Joys of Absence: A Defence of Solitary Play
Avatar for Sebastian Deterding codingconduct
1
290
How to optimise 3,500 product descriptions for ecommerce in one day using ChatGPT
Avatar for Katarina Dahlin katarinadahlin
PRO
0
3.4k
Keith and Marios Guide to Fast Websites
Avatar for Keith Pitt keithpitt
413
23k
Lightning Talk: Beautiful Slides for Beginners
Avatar for Ines Montani inesmontani
PRO
1
430
Improving Core Web Vitals using Speculation Rules API
Avatar for Sergey Chernyshev sergeychernyshev
21
1.4k
Darren the Foodie - Storyboard
Avatar for Kevinho.art khoart
PRO
2
2.4k
The Mindset for Success: Future Career Progression
Avatar for Greg Gifford greggifford
PRO
0
230
The Spectacular Lies of Maps
Avatar for Per Axbom axbom
PRO
1
520

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