New Scientist - How Bitcoin Works

[kwukduck]

Found this earlier

https://www.youtube.com/watch?v=5LMS0PIzGh8

http://www.newscientist.com/article/mg22530060.300&utm_campaign=youtubebitcoin

[Divinespark]

Very nice indeed

[turvarya]

Not bad.
It forget the point about miners getting the transaction fees(which could lead to people asking why would miners keep mining, when the block reward goes down), but I guess you have to make compromisses, to be informativ, but not to complex.

[maurya78]

Pretty decent summary of how mining works, and proof of work, if a touch simplistic
All in all, pretty good

[acquafredda]

I don't want to subscribe therefore I can't read what it says.
 

[Lethn]

Not bad.
It forget the point about miners getting the transaction fees(which could lead to people asking why would miners keep mining, when the block reward goes down), but I guess you have to make compromisses, to be informativ, but not to complex.

It does mention fees, explains everything quite well actually.

[ChuckBuck]

Very good Bitcoin video on how it all works in layman's terms and easy to understand graphics.

Something like this should be on https://bitcoin.org/en/.  Their video is already dated.

[Klestin]

Not bad.
It forget the point about miners getting the transaction fees(which could lead to people asking why would miners keep mining, when the block reward goes down), but I guess you have to make compromisses, to be informativ, but not to complex.

It does mention fees, explains everything quite well actually.

The Youtube video in the original post does not mention fees at all.

[Lethn]

I don't understand why you'd think that, the segment was very short and they didn't really need to explain anything more than they already did.

"Transaction fees are voluntary and are very low"

[Klestin]

This statement is absolutely true:

It forget the point about miners getting the transaction fees(which could lead to people asking why would miners keep mining, when the block reward goes down)