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Bitcoin: introduction for programmers - Pecha Kucha
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Wojciech Langiewicz
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Slides from my talk shown at ChamberConf 2016, this was done in the Pecha Kucha format.
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Bitcoin: introduction for programmers - Pecha Kucha
1.
Bitcoin - Introduction
for programmers Wojciech Langiewicz, Chamber Conf 2016 http://www.wlangiewicz.com
2.
History ● Appeared in
2009 thanks to author - Satoshi Nakamoto
3.
What problem Bitcoin
solves? ● Assigning a notion of ownership to digital goods (bits) ● Ability to transfer ownership of those goods (bits)
4.
5.
Online Bitcoin Exchanges ●
Many companies are running various Bitcoin exchanges ● You can trade fiat currencies to Bitcoin
6.
Bitcoin Wallet
7.
Mining - overview ●
Bitcoin nodes collect unconfirmed transactions and try to create new valid block
8.
Mining continued ● If
miner finds a block, it’s announced to the whole network ● If miner tries to cheat, relay nodes will reject invalid block
9.
Mining - creating
new coins
10.
Blockchain - overview ●
The Bitcoin database ● Each block references previous one
11.
Blockchain A little similar
to Git image source: Theymos from Bitcoin wiki CC BY 3.0
12.
Blockchain Blockchain is append
only
13.
Blockchain Blockchain is also
distributed Without any central authority
14.
Blockchain use case
15.
Proof of Existence
16.
Blockchain and accounting ●
Double entry accounting ● Each transaction has 2 sides ● Inputs ● Outputs
17.
Transaction Inputs and
Outputs
18.
Transaction Types
19.
Multisig Transactions
20.
Thank you, you
can read more here: ● https://github.com/bitcoinbook/bitcoinbook - Very good and technical Bitcoin book - Also the source for some of the images
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