Intro

Class 4 (9/18): Study Questions

Class 4 (9/18): Readings

Cryptographic Hash Functions One-Way Data Compression

Merkle Tree - Binary Data Tree with Hashes

Asymmetric Cryptography & Digital Signatures Guarding against Tampering & Impersonation Digital Signature with Hash

Bitcoin Address

Decentralized Networks Byzantine Generals Problem

Blockchain - Proof of Work Innovation - Chained Proof of Work for Distributed Network Consensus & Timestamping

Bitcoin Mining Difficulty

Bitcoin Mining Evolution

Bitcoin Mining Hashrate Distribution

Native Currency Economic Incentive System

MIT OpenCourseWare

MIT 15.S12 Blockchain and Money, Fall 2018
Instructor: Prof. Gary Gensler
View the complete course: https://ocw.mit.edu/15-S12F18
YouTube Playlist: https://www.youtube.com/playlist?list=PLUl4u3cNGP63UUkfL0onkxF6MYgVa04Fn

This lecture covers blockchain consensus protocols. Because of the decentralized nature of blockchain technology, it is crucial that consensus protocols are used to require that the nodes on the network agree on the same state of a blockchain.

License: Creative Commons BY-NC-SA
More information at https://ocw.mit.edu/terms
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4. Blockchain Basics & Consensus

4. Blockchain Basics & Consensus

4. Blockchain Basics & Consensus

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