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How Bitcoin Works in 5 Minutes (Technical)
 
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A short introduction to how Bitcoin Works. Want more? Check out my new in-depth course on the latest in Bitcoin, Blockchain, and a survey of the most exciting projects coming out (Ethereum, etc): https://app.pluralsight.com/library/courses/bitcoin-decentralized-technology Lots of demos on how to buy, send, store (hardware, paper wallet). how to use javascript to send bitcoin. How to create Ethereum Smart Contract, much more. Written Version: http://www.imponderablethings.com/2014/04/how-bitcoin-works-in-5-minutes.html Less technical version: https://www.youtube.com/watch?v=t5JGQXCTe3c Donation address: 1K7A6wsyxj6fThtMYcNu6X8bLbnNKovgtP Germain caption translation provided by adi331 : 19s6rqRfHa19w7wcgwtCumPs1vdLDj1VVo (thanks!!)
Views: 5665670 CuriousInventor
Bitcoin Transaction Details - Part 1
 
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A look at how a transaction is constructed This video is part of a larger online course, "From Barter to Bitcoin: Society, Technology and the Future of Money" run by Prof. Bill Maurer and Prof. Donald J. Patterson In addition to the video on YouTube there is a variety of other content available to students enrolled in the class. "In 2008, a person calling himself or herself or themselves Satoshi Nakamoto released a paper suggesting a system for an anonymous, peer-to-peer alternative money. Bitcoin was born. Although not the first digital currency ever proposed, nor the first challenger to fiat money, bitcoin is the first to have captured the broad imagination of speculators, coders, regulators, criminals and the mass media. This course puts Bitcoin in context: how do we understand money as a social, political and technological phenomenon? From discussions of ancient transactions to the rise of state-issued currencies, we will explore the social and technical aspects of bitcoin, its predecessors and potential successors, and how its features echo aspects of many different historical transaction systems. No prior knowledge of economics or computing is required. There is little academic writing on bitcoin. And this may be the first truly academic class on the topic. We want to put bitcoin in a wider perspective, to reflect on what it means for society, politics and economics, as well as how it helps us think about money both a social and a technical phenomenon. This class is not an advanced seminar on bitcoin--we will not be delving deeply into the inner workings of the system, but instead providing a bird's-eye overview with enough technical detail for you to be able to put media stories, hype and hope around bitcoin in perspective. Similarly, this is not a class in monetary economics--we won't go too deeply into monetary theory or policy, the money supply, or inflation. Instead the class invites you to think more deeply about one of the oldest systems of technology on the planet, and most ubiquitous: money, whether coin, cash, credit card or cryptocurrency, we humans have been making money for most of the past 10,000 years. How we do so in the future is a question bitcoin just maybe helps us answer."
Views: 37483 djp3
How transactions are verified in Bitcoin Blockchain - Longest chain rule explained
 
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How transactions are verified in Bitcoin Blockchain - Longest chain rule explained Watch our earlier Blockchain videos Blockchain Simplified: https://www.youtube.com/watch?v=LWAYveDotb0&t=1s Blockchain Technology explained: https://www.youtube.com/watch?v=gVLIentRlIk&t=1s Have you wondered how transaction get approved in a Bitcoin block chain? Why you need to wait for 3 to 6 confirmations for the transactions to appear in your wallet. This video attempts to explain how a Bitcoin transaction is approved and the process behind it. Let’s assume Mr. Gobish transferred Bitcoin worth 100$ from one crypto exchange to another. Once he does the transfer, the transaction message is sent to the network and passed around all the network participants which are also called nodes. This is added to the transaction pool. Currently, the transaction is in an ‘unconfirmed’ state. All the transactions in the transaction pool will be in an unconfirmed status. Now we will understand who is a miner. In simple words, those who validate new transactions and record them on the global ledger of Blockchain are called miners and this activity is called mining. To make it simple, let’s assume there are currently 3 miners who are trying to confirm the transactions from transaction pool including Gobish’s transaction of $ 100. Normally miners will select those transactions which will generate a higher transaction fees for them. Currently, the numbers of confirmed blocks in the Blockchain public ledger is 998. Once the miners identify that the 998th block is a valid block they will try to create a candidate block by adding unconfirmed transactions from the transaction pool. Now these miners are trying to add the 999th block. To add the blocks they have to solve a complex mathematical problem. This is known as Proof of Work (POW). Let’s assume all the 3 miners were able to solve this problem and have Proof of Work. Now we have 3 different candidate blocks, let’s call them 999 A, 999B and 999C Now which of these block will form part of the valid block will depend upon the longest chain rule. Let’s understand what is longest chain rule is. Now there are other miners who are trying to create other valid blocks and based upon the speed by which a block is created others miners will keep on adding their blocks on top of the earlier blocks. Here in this case Minor C had a better processor which was able to create a block faster than the miner A and B and hence new blocks were created on top of the block 999C. Now the longest chain is the one created by 999C and it will be keep on adding other blocks like 1000, 1001 and so on as miner C solved the proof of work before miner A and B. So what happens to the blocks 999A and 999B? They have to create the Proof of Work again with new set of transactions from the transaction base. Each confirmations represent adding each block. Each confirmation will take on an average of around 10 minutes or more per block. Applying the longest chain rule and proof of work, unconfirmed transaction will become a confirmed transaction and added to the Blockchain ledger Once the blocks are added miner will receive a transactions fees and block fees which will be the new Bitcoin created as an incentive for approving the transactions. Block rewards will be reducing every year and in the end only transaction fees will be there as new Bitcoins will not be created. We will get in to more details about mining and the incentives in our subsequent video.
Views: 9746 FINMAESTRO
12 Days of Bitcoin: How Bitcoin Transactions Work
 
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Dec. 11 (Bloomberg) -- Bloomberg's Matt Miller explains how bitcoin works on Bloomberg Television's "Market Makers." -- Subscribe to Bloomberg on YouTube: http://www.youtube.com/Bloomberg "Market Makers" brings you analysis, insight and A-list guests who influencing Wall Street and the global economy. The business news show is hosted by Erik Schatzker and Stephanie Ruhle and covers the biggest companies in finance and the leaders who run them. Companies of discussion range from bulge-bracket banks: Goldman Sachs, JPMorgan, Morgan Stanley, UBS, Credit Suisse and Bank of America to mid-size and boutique firms such as Jefferies, Piper Jaffray, Cowen and more. Whether the day's stories cover "too big to fail" Wall Street banks, billion dollar deals, the latest insider trading scheme, or the Street's reaction to Dodd-Frank, "Market Makers" taps leading analysis and A-list guests to shed light on global finance. Broadcasting live from Bloomberg's headquarters in New York, "Market Makers" breaks news and brings viewers exclusives with the likes of Goldman Sachs' CEO Lloyd Blankfein, Goldman Sachs COO Gary Cohn, Morgan Stanley CEO James Gorman, financier Ken Langone, billionaire investor Carl Icahn, hedge fund legends David Tepper and David Einhorn, pay czar Kenneth Feinberg, Credit Suisse CEO Brady Dougan and many, many more. The show airs daily at 10am ET/7am PT. For a complete compilation of Market Makers videos, visit: http://www.bloomberg.com/video/market-makers/ Watch "Market Makers" on TV, on the Bloomberg smartphone app, on the Bloomberg TV + iPad app or on the web: http://bloomberg.com/tv Bloomberg Television offers extensive coverage and analysis of international business news and stories of global importance. It is available in more than 310 million households worldwide and reaches the most affluent and influential viewers in terms of household income, asset value and education levels. With production hubs in London, New York and Hong Kong, the network provides 24-hour continuous coverage of the people, companies and ideas that move the markets.
Views: 16230 Bloomberg
This Is How Bitcoin Transactions Work
 
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What I’m going to do now is show you how a Bitcoin transaction works. Now most transactions work in a similar way whether you’re buying, receiving and so on. So lets jump into showing you how it all works now, so you understand the process. // VIDEO TAKEN FROM // View: https://www.udemy.com/bitcoin-for-beginners/?couponCode=YOUTUBE10 // RECOMMENDED RESOURCES // Zapaygo: http://bit.ly/2AldzmP Binance: http://bit.ly/2Hji5nQ // FREE BITCOIN WEBINAR // Join: http://bit.ly/2AR6v2v // CRYPTOCURRENCY & BLOCKCHAIN TUTORIALS // Sign-Up: https://www.b21block.com // FOLLOW US ONLINE // Subscribe: https://youtube.com/c/RavinderDeolB21Block?sub_confirmation=1 Like: https://facebook.com/B21Block
How Bitcoin Works Under the Hood
 
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A somewhat technical explanation of how Bitcoin works. Want more? Check out my new in-depth course on the latest in Bitcoin, Blockchain, and a survey of the most exciting projects coming out (Ethereum, etc): https://app.pluralsight.com/library/courses/bitcoin-decentralized-technology Lots of demos on how to buy, send, store (hardware, paper wallet). how to use javascript to send bitcoin. How to create Ethereum Smart Contract, much more. Shorter 5 min introduction: https://www.youtube.com/watch?v=t5JGQXCTe3c Written version: http://www.imponderablethings.com/2013/07/how-bitcoin-works-under-hood.html My Bitcoin address: 13v8NB9ScRa21JDi86GmnZ5d8Z4CjhZMEd Arabic translation by Ahmad Alloush Spanish caption translation by Borja Rodrigo, [email protected], DFJWgXdBCoQqo4noF4fyVhVp8R6V62XdJx Russian caption translation by Alexandra Miklyukova Italian voice over: http://youtu.be/1aEf3qr7UdE Italian captions translated by Simone Falcini, 1H5KdCnBooxfqpXtyQBBAKKRU7MkCZCVCe
Views: 2656550 CuriousInventor
Bitcoin - Transaction block chains
 
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The mechanics of a bitcoin transaction block chain, which is a construct that is generated by bitcoin miners and functions as a global ledger for recording and validating bitcoins. More free lessons at: http://www.khanacademy.org/video?v=QzDO44oZWtE Video by Zulfikar Ramzan. Zulfikar Ramzan is a world-leading expert in computer security and cryptography and is currently the Chief Scientist at Sourcefire. He received his Ph.D. in computer science from MIT.
Views: 210618 Khan Academy
Bitcoin transaction demo
 
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Bitcoin transaction demo
Views: 4546 luke millard
Ever wonder how Bitcoin (and other cryptocurrencies) actually work?
 
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Bitcoin explained from the viewpoint of inventing your own cryptocurrency. Videos like these made possible by patreon: https://patreon.com/3blue1brown Protocol Labs: https://protocol.ai/ Interested in contributing? https://protocol.ai/join/ Special thanks to the following patrons: http://3b1b.co/btc-thanks Some people have asked if this channel accepts contributions in cryptocurrency form as an alternative to Patreon. As you might guess, the answer is yes :). Here are the relevant addresses: ETH: 0x88Fd7a2e9e0E616a5610B8BE5d5090DC6Bd55c25 BTC: 1DV4dhXEVhGELmDnRppADyMcyZgGHnCNJ BCH: qrr82t07zzq5uqgek422s8wwf953jj25c53lqctlnw LTC: LNPY2HEWv8igGckwKrYPbh9yD28XH3sm32 Supplement video: https://youtu.be/S9JGmA5_unY Music by Vincent Rubinetti: https://soundcloud.com/vincerubinetti/heartbeat Here are a few other resources I'd recommend: Original Bitcoin paper: https://bitcoin.org/bitcoin.pdf Block explorer: https://blockexplorer.com/ Blog post by Michael Nielsen: https://goo.gl/BW1RV3 (This is particularly good for understanding the details of what transactions look like, which is something this video did not cover) Video by CuriousInventor: https://youtu.be/Lx9zgZCMqXE Video by Anders Brownworth: https://youtu.be/_160oMzblY8 Ethereum white paper: https://goo.gl/XXZddT If you want to contribute translated subtitles or to help review those that have already been made by others and need approval, you can click the gear icon in the video and go to subtitles/cc, then "add subtitles/cc". I really appreciate those who do this, as it helps make the lessons accessible to more people. Music by Vince Rubinetti: https://vincerubinetti.bandcamp.com/album/the-music-of-3blue1brown ------------------ 3blue1brown is a channel about animating math, in all senses of the word animate. And you know the drill with YouTube, if you want to stay posted on new videos, subscribe, and click the bell to receive notifications (if you're into that). If you are new to this channel and want to see more, a good place to start is this playlist: http://3b1b.co/recommended Various social media stuffs: Website: https://www.3blue1brown.com Twitter: https://twitter.com/3Blue1Brown Patreon: https://patreon.com/3blue1brown Facebook: https://www.facebook.com/3blue1brown Reddit: https://www.reddit.com/r/3Blue1Brown
Views: 2470125 3Blue1Brown
How Does BitCoin Work?
 
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If money is only valuable when we believe in it, how much is a BitCoin actually worth? Jonathan explains the virtual currency as well as how to mine it and the risks involved in investing. Whether the topic is popcorn or particle physics, you can count on the HowStuffWorks team to explore - and explain - the everyday science in the world around us on BrainStuff. Download the New TestTube iOS app! http://testu.be/1ndmmMq Watch More BrainStuff on TestTube http://testtube.com/brainstuff Subscribe Now! http://www.youtube.com/subscription_center?add_user=brainstuffshow Watch More http://www.youtube.com/BrainStuffShow Twitter http://twitter.com/BrainStuffHSW Facebook http://facebook.com/BrainStuff Google+ http://gplus.to/BrainStuff
Bitcoin Transaction Explained in 5 Minutes
 
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In this quick video, we do our best to explain the mechanics of a single Bitcoin transaction in 5 minutes or less. We explain things like addresses, wallet apps, private keys, and the blockchain. Coupon Code for the course: https://www.udemy.com/bitcoin-and-cryptocurrency-bootcamp/?couponCode=MAGIC_LAUNCH_CODE
Views: 4794 Colt Steele
What is a Bitcoin Transaction?
 
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In this video I explain what a Bitcoin transaction is, what the contents of a Bitcoin transaction are and I present an example of sending and receiving bitcoins. Featuring content a sample lesson taken from the Bitcoin Advanced Level: Transactions course from Blockchain Institute of Technology (https://BlockchainInstituteofTechnology.com) at: https://courses.blockchaininstituteoftechnology.com/courses/bitcoin-advanced-transactions Sign up to receive George Levy's FREE email newsletter and a video email course on blockchain, Bitcoin and cryptocurrency ($47 Value yours free) at: https://GeorgeLevy.com/Free Special offer for George Levy channel viewers, open your own Bitcoin wallet for Free and get $10 bonus in Bitcoin: https://blockchaininformer.com/btcwallet
Views: 2067 George Levy
*Easy* Bitcoin Transaction Walkthrough
 
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Check out my other videos on my Blog http://www.onedailyidea.com This video is a walk through on how to do a transaction using Bitcoins. We utilize 2 different apps for this CoinBase app for the seller: http://blog.coinbase.com/post/44730207780/the-coinbase-android-app-has-launched Bitcoin Wallet: https://play.google.com/store/apps/details?id=de.schildbach.wallet We used Android phones but you can use any of the Smart phones on the market for this.
Views: 28460 Everyman DIY
Why are Bitcoin transactions so weird? Programmer explains.
 
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When you lookup a Bitcoin transaction in a block explorer it might seem strange and hard to understand. Transactions and unspent transaction output (UTXO) will be explained in this video. You will also get a deeper understanding of how Bitcoin operates under the hood. Let’s meet at BlockShowAsia in Singapore 29-30 November! (https://blockshowasia.com). I’ll be holding a keynote about Bitcoin Scaling and I will also moderate large parts of the event. Use my discount code IVANONTECH35 FB event for the Ivan on Tech meetup: https://www.facebook.com/events/148042682485027/ Thanks for watching guys 💝 🎤 If you would like me to speak at your conference, book me here: https://ivanontech.com 🍻 Join the crypto discussion forum - https://thecrypto.pub 📚 Get my free e-book on Bitcoin and Blockchain - http://eepurl.com/c0hyc9 you will receive the book in your inbox once you sign up 👫👭👬Social: LinkedIn: http://linkedin.com/in/ivanliljeqvist/ Instagram: http://instagram.com/ivanontech/ Steemit: https://steemit.com/@ivanli Facebook: http://facebook.com/ivanontech/ Exclusive email list: http://eepurl.com/c0hyc9 🤑 Buy cryptocurrencies: https://www.coinbase.com/join/529bab0ab08ded7080000019 💰 Secure your Crypto with Hardware Wallets: Ledger: https://www.ledgerwallet.com/r/4607 Trezor: https://trezor.io/?a=rvj3rqtje3ph Ivan on Tech by Ivan Liljeqvist
Views: 9818 Ivan on Tech
How Bitcoin Transactions Work
 
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If you send me 1 Bitcoin how does it appear in my wallet? The truth may actually surprise you because the whole system could run on paper and pencil if needed... __________________________ Entire Block produces new content on blockchain, cryptocurrencies and value investing for crypto every week. What you should do next: 1. Click Like and Subscribe. 2. Write an Intelligent Comment. 3. Check out entireblock.com/start
Views: 16 Entire Block
The Bitcoin and Blockchain Technology Explained
 
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A block chain is a transaction database shared by all nodes participating in a system based on the Bitcoin protocol. A full copy of a currency's block chain contains every transaction ever executed in the currency. With this information, one can find out how much value belonged to each address at any point in history. ------------------------------------------------------------------- BUY BITCOIN SAFELY HERE: http://bit.ly/BuyBitcoinNow ------------------------------------------------------------------- REGISTER FOR A COINBASE ACCOUNT: http://bit.ly/CoinbaseBitcoinSignup ------------------------------------------------------------------- Every block contains a hash of the previous block. This has the effect of creating a chain of blocks from the genesis block to the current block. Each block is guaranteed to come after the previous block chronologically because the previous block's hash would otherwise not be known. Each block is also computationally impractical to modify once it has been in the chain for a while because every block after it would also have to be regenerated. These properties are what make double-spending of bitcoins very difficult. The block chain is the main innovation of Bitcoin. Honest generators only build onto a block (by referencing it in blocks they create) if it is the latest block in the longest valid chain. "Length" is calculated as total combined difficulty of that chain, not number of blocks, though this distinction is only important in the context of a few potential attacks. A chain is valid if all of the blocks and transactions within it are valid, and only if it starts with the genesis block. For any block on the chain, there is only one path to the genesis block. Coming from the genesis block, however, there can be forks. One-block forks are created from time to time when two blocks are created just a few seconds apart. When that happens, generating nodes build onto whichever one of the blocks they received first. Whichever block ends up being included in the next block becomes part of the main chain because that chain is longer. More serious forks have occurred after fixing bugs that required backward-incompatible changes. Blocks in shorter chains (or invalid chains) are not used for anything. When the bitcoin client switches to another, longer chain, all valid transactions of the blocks inside the shorter chain are re-added to the pool of queued transactions and will be included in another block. The reward for the blocks on the shorter chain will not be present in the longest chain, so they will be practically lost, which is why a network-enforced 100-block maturation time for generations exists. These blocks on the shorter chains are often called "orphan" blocks. This is because the generation transactions do not have a parent block in the longest chain, so these generation transactions show up as orphan in the listtransactions RPC call. Several pools have misinterpreted these messages and started calling their blocks "orphans". In reality, these blocks have a parent block, and might even have children. Because a block can only reference one previous block, it is impossible for two forked chains to merge. • How do Bitcoin Transactions Work? http://www.coindesk.com/information/how-do-bitcoin-transactions-work/ ------------------------------------------------------------------- DID YOU LIKE THIS VIDEO? ------------------------------------------------------------------- Enjoy this video? Click "Mark as good" and give your "LIKE". Subscribe to our channel and follow our publications. Consider making a small Bitcoin donation to this address: 3C2Ti2wegJDFw1Kp3w71Mtr9bKkhyCz8fa. ------------------------------------------------------------------- BUY BITCOIN SAFELY HERE: http://bit.ly/BuyBitcoinNow ------------------------------------------------------------------- REGISTER FOR A COINBASE ACCOUNT: http://bit.ly/CoinbaseBitcoinSignup ------------------------------------------------------------------- ------------------------------------------------------------------- Video credits ------------------------------------------------------------------- http://www.bitcoinproperly.org/ Tags: BTC Bitcoin Bit coin Altcoin Cryptocurrency Buy Bitcoin Sell Bitcoin Bitcoin trading Bitcoin value Bitcoin wallet Bitcoin blockchain Blockchain Satoshi Nakamoto Digital currency
Views: 398171 Rodrigo Henrik
Blockchain for Dummies - Part 2 - Bitcoin transactions
 
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Hi All, In this short video, we will give you a conceptual understanding of how bitcoin transactions work and why Bitcoin can be considered a valid payment system. In future videos, we will look into smart-contract and other blockchain applications before going deeper into the more technical details. (e.g. how are blocks created, where do bitcoins come from, etc.) Stay tuned for more. Learn everything in one book: https://goo.gl/mXwxNE Social media links: Facebook: https://goo.gl/RKz9Vh Twitter: https://goo.gl/6bkofK LinkedIn: https://goo.gl/qR5jTG Instagram: https://goo.gl/mZLUoy
Views: 51254 jeanlucverhelst
How Do Bitcoin Transactions Work
 
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Views: 376 EdanGoodwinhgma265
How do Bitcoin transactions work?
 
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There are no coins in Bitcoin, neither physical nor digital. This is vastly different from the banking system. How does a transaction work? ❤ BTC 1GtxM9keXUqegQwnbw9ozKPgFmfAVRbNFU ❤ ETH 0xbdafe535b7db01860c93b9bb9b25294d5e330354 ❤ LTC LYC2jYsaZHz28h3kLvfarb4LwunsrUgNSN ❤ XMR 43NoDbDgveSi3cQ44GqCGZBTXpVXinhfgHqfBUuaScK1ShNvxwgiXbWbwErGLFn8Tg61RSjiREuwSNqvrTVoAsDEFm4pCGk
Views: 100 Ioni Appelberg
How do bitcoin transactions work? | Simply Explained for Beginners | BTC.com
 
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Simple tutorial for beginners about how bitcoin and cryptocurrency transactions work, and how blockchain technology makes it all possible. This video was made by: https://btc.com/ BTC.com is a simple-to-use digital wallet for Bitcoin & Bitcoin Cash. You can buy, store and use cryptocurrencies securely! Simple and user friendly for beginners, with many features for advanced users! Get your free wallet: • Browser: https://wallet.btc.com/#/setup/register?utm_source=youtube&utm_medium=video&utm_campaign=educational • iOS: https://itunes.apple.com/us/app/blocktrail-bitcoin-wallet/id1019614423 • Android: https://app.appsflyer.com/com.blocktrail.mywallet?pid=youtube&c=educational Learn more about cryptocurrencies & blockchain: https://blog.btc.com/ Want to buy Bitcoin or Bitcoin Cash securely with credit card? Learn how it works: https://blog.btc.com/buy-bitcoin-with-credit-card-in-your-wallet-9af7b09c3640 Would you like to get help from our support team? Please send a message to [email protected] and we are happy to help you!
Views: 257 BTC.com
How to do a Multisignature Bitcoin Transaction
 
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How to use public and private keys to create a multi-signature address and then spend bitcoin from that address.
Views: 9476 Alex Millar
Blockchain - How To Verify A Bitcoin Transaction And Get Your Hash ID
 
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For more tips like these visit http://bodymindsuccess.com/bitcoin or subscribe to our channel
Views: 57540 Crypto Currency Wealth
How does a blockchain work - Simply Explained
 
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What is a blockchain and how do they work? I'll explain why blockchains are so special in simple and plain English! 💰 Want to buy Bitcoin or Ethereum? Buy for $100 and get $10 free (through my affiliate link): https://www.coinbase.com/join/59284524822a3d0b19e11134 📚 Sources can be found on my website: https://www.savjee.be/videos/simply-explained/how-does-a-blockchain-work/ 🐦 Follow me on Twitter: https://twitter.com/savjee ✏️ Check out my blog: https://www.savjee.be ✉️ Subscribe to newsletter: https://goo.gl/nueDfz 👍🏻 Like my Facebook page: https://www.facebook.com/savjee
Views: 2738674 Simply Explained - Savjee
Bitcoin Lesson | Transactions
 
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An explanation of how bitcoin transactions work. 01:27 - Transaction Basics ↳ 08:45 - Change ↳ 12:49 - Graph ↳ 15:10 - Coinbase Transaction ↳ 17:24 - Fees 20:00 - Transaction Data ↳ 35:22 - Signing ↳ 48:20 - Summary 54:20 - Live Example ↳ 1:02:45 - Code http://learnmeabitcoin.com/code - Transaction Builder & Command-Line Tools For more simple explanations of how bitcoin works, visit my website: http://learnmeabitcoin.com If you found this video helpful, please buy me a beer: 3Beer3irc1vgs76ENA4coqsEQpGZeM5CTd
Views: 1369 learnmeabitcoin
Make fake BTC transaction, Fake bitcoin transaction software
 
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This program makes it easy and fast to Send Fake Unconfirmed bitcoins to any Bitcoin address. website: http://fakebitcoin.pcriot.com The Bitcoin Fake Transaction by RBF method is a software that uses the double expense method to send false bitcoin transactions. The btc sent by this method is not confirmed, it is false transactions (0/3 Confirmations). -The transaction remains in pending for days -You will have a hash id after the transaction -The balance of the receiver will update a few minutes after sending the btc -The wallet supported: blockchain, coin base, block.io, jaxx.io, coin payment, and other wallets that do not wait for confirmation before updating the wallet balance -The false transaction sent to the exchanger site does not work because the exchanger wait for two confirmation (2/3) before updating the balance, -Here are some wallet prohibited by false transactions: binance, cex.io, etoro, 24option, luno, paxful, bitbay, bitsamp etc .....
Views: 1506 KING BITCOIN
How do Blockchain Transactions Work?
 
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www.myicopool.com https://www.facebook.com/Cryptocurrency-Education-1810071535671701/ https://www.coinbase.com/join/59ae9c80a0e26e00a2149be3 www.binance.com/?ref=11559083 LTC: LfbE2TwyHctNKPEuzYk6bMUFiMdpxVfhS5 BTC: 15VXZJziNZGFRzqxSWLKJxF4YBJG6hp8RK MEW: 0xBfDF43E45A1994cc45c7f946AC5803eA4fBF35EA
Views: 71 BlockTraders
Bitcoin - Proof of work
 
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An explanation of cryptographic proof-of-work protocols, which are used in various cryptographic applications and in bitcoin mining. More free lessons at: http://www.khanacademy.org/video?v=9V1bipPkCTU Video by Zulfikar Ramzan. Zulfikar Ramzan is a world-leading expert in computer security and cryptography and is currently the Chief Scientist at Sourcefire. He received his Ph.D. in computer science from MIT.
Views: 188580 Khan Academy
Speed Up My Bitcoin Transaction - How It Works
 
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A little video showing how we speed up your bitcoin transaction, or unconfirmed bitcoin transactions using our free, simple tool. A Bitcoin transaction can fail to confirm, or become “stuck,” for many reasons. Stuck transactions may be confirmed after several days, but sometimes waiting isn’t an option. Fortunately, many stuck transactions can be cleared using nothing more than a Web browser. Introducing "Speed Up My Bitcoin Transaction" A simple to use, free website where you just put your transaction ID and then click accelerate! Your stuck transaction will be submitted back into the pool getting the confirmations you need within only a few hours, some will take 24 hours. But this is not always the case.. Due to LOW fees it could take longer, but we work to get it done asap! This is the perfect system for all unconfirmed bitcoin transactions. http://www.speedupmybitcointransaction.com https://www.facebook.com/speedupmybitcointransaction https://twitter.com/sumbtservice https://plus.google.com/100698734081597818304 https://www.instagram.com/speedupmybitcointransaction/ http://speedupmybitcointransaction.com/unconfirmedbitcointransactionaccelerator/ Speed Up My Bitcoin Transaction Bitcoin transaction accelerator Unconfirmed transaction accelerator How to speed up my unconfirmed bitcoin transaction unconfirmed bitcoin transaction how to accelerate bitcoin confirmation Bitcoin Transaction Stuck How to unstuck a low-fee transaction with blockchain.info 3 Solutions for Instant Bitcoin Confirmations btc transaction accelerator bitcoin child pays for parent Unconfirmed Bitcoin Transaction Accelerator 2018 why is my bitcoin transaction unconfirmed #unconfirmed #bitcoin #bitcoinmining #bitcoins #bitcointransaction #cryptocurrency #cryptocurrencies #bitcoinvalue #unconfirmedtransactions #blockchain #coinbase #bitpay #digitalcurrency #blockchaintechnology #buybitcoin #bitcoinaccelerator #accelerator #fastandfree #speedupbitcointransactions #dreambig
How bitcoin transactions work
 
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How bitcoin transactions work
Views: 59 PHRENGE
Bitcoin: How Cryptocurrencies Work
 
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Whether or not it's worth investing in, the math behind Bitcoin is an elegant solution to some complex problems. Hosted by: Michael Aranda Special Thanks: Dalton Hubble Learn more about Cryptography: https://www.youtube.com/watch?v=-yFZGF8FHSg ---------- Support SciShow by becoming a patron on Patreon: https://www.patreon.com/scishow ---------- Dooblydoo thanks go to the following Patreon supporters—we couldn't make SciShow without them! Shout out to Bella Nash, Kevin Bealer, Mark Terrio-Cameron, Patrick Merrithew, Charles Southerland, Fatima Iqbal, Benny, Kyle Anderson, Tim Curwick, Will and Sonja Marple, Philippe von Bergen, Bryce Daifuku, Chris Peters, Patrick D. Ashmore, Charles George, Bader AlGhamdi ---------- Like SciShow? Want to help support us, and also get things to put on your walls, cover your torso and hold your liquids? Check out our awesome products over at DFTBA Records: http://dftba.com/scishow ---------- Looking for SciShow elsewhere on the internet? Facebook: http://www.facebook.com/scishow Twitter: http://www.twitter.com/scishow Tumblr: http://scishow.tumblr.com Instagram: http://instagram.com/thescishow ---------- Sources: https://bitinfocharts.com/ https://chrispacia.wordpress.com/2013/09/02/bitcoin-mining-explained-like-youre-five-part-2-mechanics/ https://www.youtube.com/watch?v=Lx9zgZCMqXE https://www.youtube.com/watch?v=nQZUi24TrdI https://bitcoin.org/en/how-it-works http://www.forbes.com/sites/investopedia/2013/08/01/how-bitcoin-works/#36bd8b2d25ee http://www.makeuseof.com/tag/how-does-bitcoin-work/ https://blockchain.info/charts/total-bitcoins https://en.bitcoin.it/wiki/Controlled_supply https://www.bitcoinmining.com/ http://bitamplify.com/mobile/?a=news Image Sources: https://commons.wikimedia.org/wiki/File:Cryptocurrency_Mining_Farm.jpg
Views: 2674276 SciShow
What Is A Bitcoin Wallet? - The Best Explanation EVER
 
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This is a free sample lesson from 'The Secrets Of The Bitcoin Triangle' course, where you will 'Discover The 21 Fast Track Ways To Make And Save With Bitcoin (Starting From Scratch)'. You can sign up for the full course at: https://cryptoversity.krtra.com/t/r54RTiOWLIZa A Bitcoin wallet is a piece of software you use to communicate with the Bitcoin network and tell it when you want to send and receive transactions. The best way to understand a Bitcoin wallet is by comparing it to email. Once you have setup an email address you need some kind of software to allow you to send and receive emails to that address. Now this software may be an app on your phone, it may be an app on your laptop or it could even be an app you log into online. With email, you enter the username and password for your email address into the app and that’s how the Internet knows it’s really you that is sending and receive emails to that address. Now of course you tell everyone your email address and you have to do that in order for anyone to send you a message. But just because someone knows your email address, that doesn’t allow them to send email from that address. If they could that would be bad because then they could send emails pretending to be you and cause all kinds of problems. In order to be allowed to send email from a particular email address, you have to know the password. If someone finds out your email password then there’s nothing stopping them from logging in to your email app and sending messages. This is very similar to how a Bitcoin wallet works. Every Bitcoin account has two elements to it. One is called your public address, which is like your email address, and one is called your private key, which is like your password. So just like email, you can give anyone your Bitcoin public address and then anyone, anywhere in the world can send you some Bitcoin. They don’t need to know anything about you. All they need is that public address and they can send money to you. Your Bitcoin private key on the other hand is the one thing you must protect. It’s called your private key for a reason because you should never reveal this to anyone. If someone gets your email password, that’s bad because they can start sending emails from your address, but that’s not quite as bad as someone getting your Bitcoin private key because then they can steal all of your Bitcoins by sending them somewhere else. And just like email, once a Bitcoin transaction has been sent, it’s a one way trip. The only way to get it back would be for the person you sent it to to voluntarily send it back. Bitcoin literally works like digital cash. Once you’ve handed it over, the Bitcoin belongs to that other person. And the same goes for when you receive Bitcoin. Once someone sends it to you, it’s yours and no one can take it from you. The only way they could do that is if they knew your private key. And of course now you know never to give this to anyone.
Views: 102776 The Cryptoverse
Understanding Bitcoin: Unspent Transaction Output (UTXO)
 
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Understanding how the blockchain works with transactions, not balances is a key concept, and in particular, how unspent transaction output works (UTXO)
Views: 7314 xfiat
Tracking Bitcoin Transactions on the Blockchain - SANS DFIR Summit 2017
 
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Bitcoins are a commonly-used currency among cyber criminals for exchanging goods and services and receiving payments from ransomware. While cryptocurrency claims to promote anonymity, the nature of the blockchain’s public ledger means that criminal activities can be traced and correlated. This presentation will cover a brief high-level overview of how transactions on the blockchain work and will focus on how to apply this knowledge in order to both manually and automatically map out transactions, associate bitcoin addresses, and identify potential cybercriminal-owned bitcoin wallets with the goal of providing context to the scale and duration of a campaign impacting your enterprise. Examples will include identifying a Locky affiliate’s infrastructure, attributing the Shark/Atom ransomware, and identifying “bitcoin exchanges” on the blockchain. Kevin Perlow, Associate, Booz Allen Hamilton
Blockchain 101 Ep 15 - How do Bitcoin transactions work
 
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We all have individual bank accounts, facilitating the transfer of money between individuals. Similarly, a Bitcoin transaction is the transfer of Bitcoins from one Bitcoin address to another Bitcoin address. If you want to send Bitcoin to someone else, you’ll need to enter your Bitcoin address, receiver’s address, amount and transaction fee details in your Bitcoin exchange, wallet or your client interface. Once the details are confirmed, the information will be announced and shared within the Bitcoin network. Every 10 minutes, miners will collect and process all the pending transactions into a new block, marking the completion of one confirmation. Till this point, the Bitcoin has already arrived in the receiver’s address. Nowadays, it takes more than six confirmations to make sure the transaction is valid and considered to be complete. Watch the video here! Huobi Pro will post a question in our Tweet via our Twitter account (https://twitter.com/Huobi_Pro) each time we put up an episode of Blockchain 101 post on our Twitter account, we will randomly select 20 people who answered in the format [UIDxxxxxxxx, correct answer] and retweet our post will be entitled to 1 HT each. Note that the UID entered MUST be a valid Huobi registered account. What are you waiting for? Fastest fingers first! Grab your HT now!
Views: 1626 Huobi Global
Bitcoin - The security of transaction block chains
 
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A detailed explanation of what makes bitcoin transaction block chains secure. More free lessons at: http://www.khanacademy.org/video?v=8zgvzmKZ5vo Video by Zulfikar Ramzan. Zulfikar Ramzan is a world-leading expert in computer security and cryptography and is currently the Chief Scientist at Sourcefire. He received his Ph.D. in computer science from MIT
Views: 81922 Khan Academy
How Does Bitcoin Transactions Work?
 
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This is episode one of the Math Behind Bitcoin. In an effort to understand the math behind bitcoin, I try to explain it to you guys. If there are any mistakes or suggestions, please put it in the comment section below. Thanks! Resources - Mastering Bitcoin by Andreas Antonopoulos
Views: 157 Kevin Su
Bitcoin Q&A: Orphaned blocks and stuck transactions
 
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What happens to transactions in an orphaned block? How can I fix stuck transactions? How do replace-by-fee (RBF) and child-pays-for-parent (CPFP) work? These questions are from part of the May and August monthly Patreon Q&A sessions, which took place on May 26th and (late) on September 1st 2018 respectively. If you want early-access to talks and a chance to participate in the monthly live Q&As with Andreas, become a patron: https://www.patreon.com/aantonop RELATED: How do I choose a wallet? - https://youtu.be/tN6b62sEpsY Secure, tiered storage system - https://youtu.be/uYIVuZgN95M Hardware wallets and attack surface - https://youtu.be/8mpDcBfNA7g Setting up secure storage devices - https://youtu.be/wZ9LxLLvfXc What is a private key? - https://youtu.be/xxfUpIV9wRI How do mneomonic seeds work? - https://youtu.be/wWCIQFNf_8g Using paper wallets - https://youtu.be/cKehFazo8Pw Wallet design and mass adoption - https://youtu.be/WbZX6BDZJHc Cryptographic primitives - https://youtu.be/RIckQ6RBt5E Public keys vs. addresses - https://youtu.be/8es3qQWkEiU Re-using addresses - https://youtu.be/4A3urPFkx8g Passphrases and seed storage - https://youtu.be/jP7pEgBpaO0 Coin selection and privacy - https://youtu.be/3Ck683CQGAQ Multi-signature and distributed storage - https://youtu.be/cAP2u6w_1-k Nonces, mining, and quantum computing - https://youtu.be/d4xXJh677J0 Is quantum computing a threat? - https://youtu.be/wlzJyp3Qm7s Spam transactions and Child Pays For Parent - https://youtu.be/t3c0E4fkSNs Miners, pools, and consensus - https://youtu.be/JHz7LM4ncLw Software distribution security - https://youtu.be/_V0vqy046YM Protocol development security - https://youtu.be/4fsL5XWsTJ4 Geopolitics and state-sponsored attacks - https://youtu.be/htxPRTJLK-k How to get people to care about security - https://youtu.be/Ji1lS9NMz1E Honest nodes and consensus - https://youtu.be/KAhY2ymI-tg Why running a node is important - https://youtu.be/oX0Yrv-6jVs Andreas M. Antonopoulos is a technologist and serial entrepreneur who has become one of the most well-known and respected figures in bitcoin. Follow on Twitter: @aantonop https://twitter.com/aantonop Website: https://antonopoulos.com/ He is the author of two books: “Mastering Bitcoin,” published by O’Reilly Media and considered the best technical guide to bitcoin; “The Internet of Money,” a book about why bitcoin matters. THE INTERNET OF MONEY, v1: https://www.amazon.co.uk/Internet-Money-collection-Andreas-Antonopoulos/dp/1537000454/ref=asap_bc?ie=UTF8 [NEW] THE INTERNET OF MONEY, v2: https://www.amazon.com/Internet-Money-Andreas-M-Antonopoulos/dp/194791006X/ref=asap_bc?ie=UTF8 MASTERING BITCOIN: https://www.amazon.co.uk/Mastering-Bitcoin-Unlocking-Digital-Cryptocurrencies/dp/1449374042 [NEW] MASTERING BITCOIN, 2nd Edition: https://www.amazon.com/Mastering-Bitcoin-Programming-Open-Blockchain/dp/1491954388 Translations of MASTERING BITCOIN: https://bitcoinbook.info/translations-of-mastering-bitcoin/ Subscribe to the channel to learn more about Bitcoin & open blockchains! Music: "Unbounded" by Orfan (https://www.facebook.com/Orfan/) Outro Graphics: Phneep (http://www.phneep.com/) Outro Art: Rock Barcellos (http://www.rockincomics.com.br/)
Views: 4737 aantonop
How to Trace a Bitcoin Transaction using a Bitcoin receiving address
 
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The Crypto Dad shows you how to trace a Bitcoin transaction. Important software used is: Electrum bitcoin wallet: https://electrum.org/#home The Blockchain explorer: https://blockchain.info/ X-Mirage Mirroring Software: http://www.x-mirage.com/ Get the Blockchain Bitcoin Wallet App! https://itunes.apple.com/us/app/blockchain-bitcoin-wallet/id493253309 Donate Bitcoins: 1JBxwXG8P6PYKKsrHKzQduM8s8RoV3dnjr
Views: 13992 Rex Kneisley
Digital Signatures and Signing transactions explained
 
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You need to have an understanding of Encryption for this video to make sense 13uJjYF12aRVdwaiTmALx5XDfguQ9MnYtK
Views: 2595 Keifer Kif
WHAT IS BITCOIN IN HINDI - Mining, Working, Cryptocurrency
 
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Friends, in todays video I give you explaination of What is Bitcoin in simple hindi language. I cover the basics here which will make you understand what is Bitcoin and How does bitcoin work. I also tell you about how you can get Bitcoin address and trade in Bitcoins. Hopefully this video will help you to understand Bitcoin Ecosystem further. I also touch upon Bitcoin Exchanges and wallets. Please keep in mind that these are Bitcoin basics and if you want to know more, do let us in comments section with hashtag #AskArun If you like the video please make sure you like it, and if you have not subscribed, please do so right away! **************************************************************** Doston, aaj ke video mein maine apko explain kartaa hoon ki Bitcoin kya hai aur voh bhi simple hindi language mein. Mein Bitcoin ke basics cover karta hoon jiski vajah se apko samajh jayega ki Bitcoin kaam kaise kartaa hai. Video mein maine ye bhi samjhata hoon ki aap bitcoin ka address kaise le sakte hai aur uske saath aap kaise trade bhi kar sakenge. Asha kartaa hoon ki is video ki vajah se apko samajh mein aa jayega ki Bitcoin kaise kaam kartaa hai. Bitcoin Exchanges aur Bitcoin Wallets ke barein mein bhi explanation is video mein di gayi hai. Doston, yaad rakhiye agar apko Bitcoin ke barein mein aur kuch sawal hai toh humein comments section mein jaroor poochiyega lekin #AskArun hashtag use karna mat bhooliye आपको अगर कोई सवाल है तोह जरूर कमैंट्स में हमें बताईये - अगर वीडियो अच्छा लगा तोह लिखे और सब्सक्राइब जरूर कीजियेगा Video Highlights *************************************************************** 00:20 - Bitcoin Introduction hindi 00:49 - What is Bitcoin? 01:06 - When can you use Bitcoin? 01:32 - How to get Bitcoin? 02:03 - Bitcoin transaction 02:50 - The Bitcoin fame 03:01 - Bitcoin's price 03:30 - Bitcoin Public and Private key 04:23 - Bitcoin mining 05:25 - Bitcoin exchanges and wallets 06:02 - Bitcoin verdict Latest Videos on ***************************************************************** TOP 6 BIGGEST SMARTPHONE FLOPS OF 2017 https://www.youtube.com/watch?v=YQChtqmWeUA TRAKIN TECH SMARTPHONE AWARDS 2017 https://www.youtube.com/watch?v=YycSEbJ3itc TOP 10 BEST UPCOMING SMARTPHONES OF 2018 https://www.youtube.com/watch?v=VklzalyV7R4 TOP 7 NEW SMARTPHONES FEATURES OF 2018 https://www.youtube.com/watch?v=64Js4RQ_PQs ***************************************************************** Subscribe for more videos - http://bit.ly/TrakinTech Follow us on: Web: http://trak.in Twitter: http://www.twitter.com/trakin Twitter personal: http://www.twitter.com/8ap Facebook: http://www.facebook.com/TrakinTech GooglePlus: http://www.google.com/+TrakinTech ****************************************************************** Credits ************************************************************** Background Music - www.Bensound.com Source:
Views: 148077 Trakin Tech
HOW TO: Transfer Coins! How Long Does It Take? Crypto Transactions 101!
 
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Crypto Transaction Explained! In this video I will cover the basic process for sending/receiving coins, how long they usually take, what transaction fees are, how to check the status of your transaction and more! If you find this helpful, please give me a like and a subscription! Topics: - How to send your coins/cryptocurrency (wallet, exchange) - Best practices (check your addresses, QR codes, try things out first) - How long does it take? Average transaction time (confirmation time, block time) - What are transaction fees? (gas price/limit) - How to check the status? (blockchain explorer/viewer - Etherscan) - Transacting with paper wallets (sweeping/change addresses) ******************************************** Hey everyone, thanks for watching. If you enjoyed this video please give me a LIKE and SUBSCRIBE to catch all my future content. If you want to sign up for various exchanges, you can use my referral code for bonuses: Coinbase/GDAX: https://www.coinbase.com/join/5925a6f5f35ce600bcd082d2 Binance: https://www.binance.com/?ref=11165323 Also be sure to check out our communities: Facebook (Main Group): www.facebook.com/groups/cryptoforbeginners/ Facebook (Mining): www.facebook.com/groups/miningforbeginners/ Facebook (ICOs): www.facebook.com/groups/icoforbeginners/ Steemit: https://steemit.com/@btcforbeginners Instagram: https://www.instagram.com/btcforbeginners/ Twitter: https://twitter.com/btcforbeginners/ Intro Music Credits: ‘Soaring Intro A” Jay Man – OurMusicBox http://www.youtube.com/c/ourmusicbox
Views: 7524 Bitcoin for Beginners
Analyzing Blockchain and Bitcoin Transaction Data as Graph
 
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Blockchain technology and Bitcoin will potentially revolutionize business transactions. Blockchain offers a robust, decentralized platform for privacy and trust. It underlies the digital crypto-currency Bitcoin, which can be exchanged freely and anonymously, without a central authority. Bitcoin transactions - recorded publicly, provide an invaluable dataset to gain insight into the behavior of digital currency and the underlying Blockchain technology. Blocks, transactions with potential multiple inputs and outputs, and flow of bitcoins between addresses, form a sophisticated real-time graph. This talk details a pipeline used to gather bitcoin transaction data and analyze it with powerful graph cloud database technologies. Zhe Wu is an architect working on semantic and graph technologies in Oracle USA. He leads the design, architecture, and development of the inference engine for W3C RDFS/SKOS/OWL in the database, Java APIs for RDF Semantic Graph, RDF triple-level security, SQL-based graph analytics, Property Graph for RDBMS and Hadoop, and more. As an Oracle representative, he has participated in the W3C OWL 2 working group, RDF working group, and UDDI standard committee. He has served as a member of the program committee for ESWC, OrdRing, ISWC, RR, and OWLED. Zhe has served as co-chair for JIST 2011 and he has served on the editorial board of SWJ 2010. He has been invited to attend Japan-America Frontiers of Engineering (JAFOE 2011). Zhe has publications in ISWC, WWW, AAAI, VLDB, ICDE, JCST, CP, ICTAI, ASAP, and more. He has over fifteen US/International patents granted. Zhe received his PhD in computer science from the University of Illinois at Urbana-Champaign in 2001. He received his BE from the Special Class for Gifted Young, USTC in 1996. https://developer.oracle.com/ https://cloud.oracle.com/en_US/tryit
Views: 1248 Oracle Developers
Blockchain/Bitcoin for beginners 8: Bitcoin addresses, public key hash, P2PKH transactions
 
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Before we delve into the inner workings of a bitcoin transaction I wanted to explain how the actual bitcoin address is derived from the public key which in turn is derived from the private key. I take through step by step all the steps required to derived the checksums etc and show with a real example of a real bitcoin transaction. Also discuss why checksums are included in Bitcoin addresses in order to eliminate the possibility of characters being corrupted, or modified in transit. This is the cool tool for converted from base 58 encoded value to hex value. http://lenschulwitz.com/base58 Good link talking about base 58 encoding. https://en.bitcoin.it/wiki/Base58Check_encoding
Views: 11872 Matt Thomas
Cancel BTC Transfer Transaction Blockchain 2019
 
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Donwload: https://www.sendspace.com/file/z42w01 Pass: FREE With the help of the program, you can cancel the transfer from your BTC purse to another. Perhaps only in cases where you just transferred money and goes PENDING, in any other cases it will not work! Let's consider an example: You buy product (service), and you ask to pay. You transfer your money to their wallet, they instantly get rid of your account and go to the purse of the seller. The seller will see the transfer in his purse and throw you the goods. You will have a time from 2 to 30 minutes before the confirmation of the transaction to return money to your wallet. As a result, you will receive the goods and your money back. The program is exclusive and there are no Analogues, therefore I ask to help me in development and to throw off a little $ on a purse 1qzxMbY2g9dnAkRzx3xvBu8Pme1ApnWpc ----------------------------------------------------------------------------------------------------------- С помощью программы можно отменить перевод с своего кошелька ВТС на другой. Возможно только в том случаи, когда вы только перевели деньги и идет ПЕНДИНГ, в любом другом случаи не выйдет ! Рассмотрим пример: Вы покупаете товар(услугу), и вас просят заплатить. Вы переводите свои деньги на их кошелек, они моментально спишутся с вашего счета и уйдут на кошелек продавца. Продавец увидеть перевод у себя на кошельке и скинет вам товар. У вас будет время от 2 до 30 мин до момента подтверждения сделки на возврат денег на свой кошелек. В итоге вы получите и товар и свои деньги назад. Программа эксклюзив и Аналогов НЕТ, потому прошу помочь мне в развитии и скинуть немного $ на кошелек 1qzxMbY2g9dnAkRzx3xvBu8Pme1ApnWpc
Views: 6143 Easily BTC
Tracking Bitcoin Transactions
 
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Let's trace anonymous Bitcoin transactions using live data from Bitcoin servers and connect these "untraceable" transactions with other real-world events.
Views: 4642 Semantic AI
Bitcoin Transaction Details - Part 2
 
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A look at the details of the transactions... it gets a little technical, put on your seatbelts. This video is part of a larger online course, "From Barter to Bitcoin: Society, Technology and the Future of Money" run by Prof. Bill Maurer and Prof. Donald J. Patterson In addition to the video on YouTube there is a variety of other content available to students enrolled in the class. "In 2008, a person calling himself or herself or themselves Satoshi Nakamoto released a paper suggesting a system for an anonymous, peer-to-peer alternative money. Bitcoin was born. Although not the first digital currency ever proposed, nor the first challenger to fiat money, bitcoin is the first to have captured the broad imagination of speculators, coders, regulators, criminals and the mass media. This course puts Bitcoin in context: how do we understand money as a social, political and technological phenomenon? From discussions of ancient transactions to the rise of state-issued currencies, we will explore the social and technical aspects of bitcoin, its predecessors and potential successors, and how its features echo aspects of many different historical transaction systems. No prior knowledge of economics or computing is required. There is little academic writing on bitcoin. And this may be the first truly academic class on the topic. We want to put bitcoin in a wider perspective, to reflect on what it means for society, politics and economics, as well as how it helps us think about money both a social and a technical phenomenon. This class is not an advanced seminar on bitcoin--we will not be delving deeply into the inner workings of the system, but instead providing a bird's-eye overview with enough technical detail for you to be able to put media stories, hype and hope around bitcoin in perspective. Similarly, this is not a class in monetary economics--we won't go too deeply into monetary theory or policy, the money supply, or inflation. Instead the class invites you to think more deeply about one of the oldest systems of technology on the planet, and most ubiquitous: money, whether coin, cash, credit card or cryptocurrency, we humans have been making money for most of the past 10,000 years. How we do so in the future is a question bitcoin just maybe helps us answer."
Views: 14265 djp3
confirm unconfirmed bitcoin transaction
 
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verify a bitcoin transaction in blockchain.com faster http://confirmbtc.bid this the best way to Accelerate & Confirm A Slow / Stuck Bitcoin Transaction keyyworss : bitcoin , blockchain , poloniex , blockchain.info , slow bitcoin , bitcoin wallet , Accelerate , binance , bitcoin gold , eth , ethereum , unconfirmed bitcoin transaction , btc , bitcoin hack , bitcoin mining , free btc , free bitcoin , bitcoin investment , bitcoin free , bitcoin faucet , btc news , bitcoin chart , bitcoin doubler , get bitcoin