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Bitcoin => Bitcoin Discussion => Topic started by: AlexMerced on May 04, 2013, 06:27:48 PM



Title: Video for New People - Intro to Cryptocurrency and Bitcoin
Post by: AlexMerced on May 04, 2013, 06:27:48 PM
http://www.youtube.com/watch?v=LycIgGKDtjo&feature=youtu.be


Title: Re: Video for New People - Intro to Cryptocurrency and Bitcoin
Post by: theBigBadWolf on May 04, 2013, 06:41:49 PM
Quote
Encrypted using SHA58

Really?


Title: Re: Video for New People - Intro to Cryptocurrency and Bitcoin
Post by: AlexMerced on May 04, 2013, 07:22:51 PM
Quote
Encrypted using SHA58

Really?

If I misunderstood please correct in the comments, I'm not a cryptopgraphy expert

Other than that I think the video is pretty right on.


Title: Re: Video for New People - Intro to Cryptocurrency and Bitcoin
Post by: theBigBadWolf on May 04, 2013, 07:32:42 PM
Firstly, there is no SHA58
Secondly, SHA family is crypto hash functions
Bitcoin uses ECDSA to sign tx's

https://en.bitcoin.it/wiki/Protocol_specification


Title: Re: Video for New People - Intro to Cryptocurrency and Bitcoin
Post by: AlexMerced on May 04, 2013, 07:55:21 PM
I'll correct in video description