Bitcoin Q&A: Energy Consumption

[AUDIENCE] I want to ask you about the energy consumption in mining. [ANDREAS] Yes? [AUDIENCE] What is the solution for it? [ANDREAS] Well, energy consumption in mining is — I…

AES – The Advanced Encryption Standard Explained

Hello and welcome to a new video on cryptography for everybody. Today, we will have a look at AES the Advanced Encryption Standard. AES is our standard for encryption, and…

Please Explain Bitcoin to My Mother! [A non-technical explanation of bitcoin anyone can understand]

Amber asks, "Could you explain Bitcoin to my mum? I ask because I want this video to exist for my mum… and everyone like her, who wants to understand the…

How did the Enigma Machine work?

– [Jared] This is the Enigma machine. It looks like a typewriter but it has a very different purpose. During World War II it was used to keep messages secret…

Bitcoin Q&A: What is Mining?

[HOST 1] There has been a lot of talk about bitcoin mining as a way to get rich. [ANDREAS] Bitcoin mining is probably the worst way to try to get…

Bitcoin Q&A: What is Mining?

[HOST 1] There has been a lot of talk about bitcoin mining as a way to get rich. [ANDREAS] Bitcoin mining is probably the worst way to try to get…

[CS198.2x Week 6] Blockchain Technology Summary

In our second course CS198.2x we decided to take a huge step back to look at some of the big problems in the blockchain space. Having studied Bitcoin and cryptocurrencies…

Bitcoin Q&A: What are PayNyms?

"How do BIP-47 reusable payment codes work?" Now we go to the other end of the technical questions. This is not an easy one to explain. BIP-47 reusable payment codes…

Bitcoin Q&A: What is Mining?

[HOST 1] There has been a lot of talk about bitcoin mining as a way to get rich. [ANDREAS] Bitcoin mining is probably the worst way to try to get…

Bitcoin Q&A: Initial Blockchain Download

Becker asks, "Downloading the blockchain…" This is a beginner's question, very good. Thank you for asking beginner's questions, that is really useful. There are a lot of people who need…