Bitcoin and Blockchain overview
summary
Claims that Bitcoin caps at 21 million supply with ~16 million already mined and that new blocks are created every 10 minutes; miners and fee markets decide confirmation speed (normal queue ~4–5k tx, spikes to 40–60k). Examples and tools named: Bitcoin, Blockchain, Smart Contracts (Solidity, Ethereum), Hyperledger/Multichain, Coinsecure exchange, Bitpesa, AER, slockit, MIT projects. Concrete demos promised (smart‑contract demo) but not completed; exchanges and services are built and operating though some operators (eg MtGox) have been compromised.
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chapters (8)
- 0:00Bitcoin and blockchain intro
- 4:34Beyond payments and basics
- 12:03Bitcoin for unbanked
- 15:19How Coin Secure works
- 24:07Bitcoin’s tech value
- 32:28Blockchain beyond crypto
- 40:39Bitcoin scalability debate
- 46:59Smart contract demo & Q&A
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