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Author Topic: [2014-10-18] Video: Bitcoin 101 - Quindecillions & The Amazing Math Of Bitcoin  (Read 809 times)
LiteCoinGuy (OP)
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October 18, 2014, 11:10:38 AM
 #1

Bitcoin 101 - Quindecillions & The Amazing Math Of Bitcoin's Private Keys

How do you slow down hackers and provide equal access to everyone on earth? Not easy. But Bitcoin's solution is devilishly simple, employing outrageously big numbers.

https://www.youtube.com/watch?v=ZloHVKk7DHk&list=PLzctEq7iZD-7-DgJM604zsndMapn9ff6q&index=1

Bitcoin mining is now a specialized and very risky industry, just like gold mining. Amateur miners are unlikely to make much money, and may even lose money. Bitcoin is much more than just mining, though!
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October 18, 2014, 06:24:05 PM
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The series of bitcoin tutorials by this guy is great. I recommend all of them.

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