Bitcoin Whitepaper - Programmer explains

Sdílet
Vložit
  • čas přidán 25. 08. 2024
  • Watch live: ivanontech.com...

Komentáře • 162

  • @jcletics3621
    @jcletics3621 Před 6 lety +79

    It's pretty common for academic papers to say "we" even though it was written by just one author.

    • @benjaminboothe2339
      @benjaminboothe2339 Před 3 lety +1

      Creates the desired ambiguity that author wants concerning their identity

    • @jounalansman1769
      @jounalansman1769 Před 3 lety +3

      Well it could also be the person typing the paper wants to give credit to the people s/he has been developing the idea with. And by this I mean having conversations and other types of exchanges with. No thinker creates in a vacuum, but rather builds on ideas of others. Satoshi credits Adam Back in the paper for some of the ideas he is building on.

    • @laurabeatrizmontesdeocacam7916
      @laurabeatrizmontesdeocacam7916 Před 3 lety +6

      Im a chemist and yes.. Definitely no scientific paper says I

    • @dasMobius
      @dasMobius Před 2 lety +2

      Yes, and in such papers I've always interpreted the "we" as the author together with the reader. And the tone of a properly written academic paper/text has the feel of the author hosting the reader graciously - along the lines of "let us, dear reader, reason together."

    • @Bit-while_going
      @Bit-while_going Před rokem

      Satoshi (the one who IS ) said "we" because he was writing the hackers constitution. I hope you've learned this by now. But he didn't want the hackers to control the network. Better luck next time, I guess.

  • @SDSL33
    @SDSL33 Před 6 lety +7

    This is amazing! I am in the space 1 year...a baby, and I was scared to get to the white paper...but you made it so easy to get it. Huge thanks!

  • @ariesletigre8762
    @ariesletigre8762 Před 6 lety +65

    bitcoin was a reaction to the 2008 financial crisis god bless satoshi

    • @thecamelstory6693
      @thecamelstory6693 Před 6 lety

      either amd nvidia toyota samsung or mitsubishi invented it !
      it was a inside job one of them connected their possibilities to the global audience ! 0o0

    • @PaulSharpequalrights
      @PaulSharpequalrights Před 5 lety

      Let's keep integrate it to prop up Fiat currency, so the governments don't feel cornered.

    • @MauricioMartinez0707
      @MauricioMartinez0707 Před 2 lety

      I need someone to have another reaction to this one

    • @sacundai5371
      @sacundai5371 Před 2 lety

      Maybe not a reaction, more a consequence.. 🤔

    • @Finanzen367
      @Finanzen367 Před měsícem

      @@thecamelstory6693actually it’s more likely it was a underground group . Like cyberpunks which invented it and wanted it to become big .

  • @christiankuhl2790
    @christiankuhl2790 Před 6 lety +17

    Wow! This is teaching and knowledge sharing at a whole new level. This is great Ivan.

  • @GiBaz972
    @GiBaz972 Před 6 lety +15

    Thanks Ivan for being an educator for so many of us. This is my first comment ever on the channel as I am watching Good Morning crypto on my way to work every morning, but with the time zone difference, never could attend the live Morning Show. This one breaking down the white paper is absolutely well constructed and clear to understand the crypto and blockchain space. It is definitively one of the firsts points of reference to start learning the upcoming coding class that I am excited to join to keep developing my vision on blockchain technology.
    Thanks for being such a great educator!

  • @redalertwagers
    @redalertwagers Před 6 lety +5

    That was pretty cool of ivan to take the time to explain the most important documents in cryptocurrency

  • @Sicaoisdead
    @Sicaoisdead Před 4 lety +3

    I’m 3 weeks in to my applied blockchain module yet I’ve learnt more in this video than I have at university...

  • @lhowell7883
    @lhowell7883 Před 6 lety +16

    In your videos, I see your passion for the tech that I don't see in alot of other CZcamsrs. I can only imagine the amount of time and research that goes into the things you talk about. Some CZcamsr's dig into a project at the beginning stages and make speculation early on without a follow up later. I feel, if they have taken the time out early on to talk about a project, they should be thorough enough with their community to follow that project through updates, milestones and changes that have been made that you talked against previously....especially if good changes were made....right or wrong! But, that takes a big man... giving credit where credit(s) is due! You're a smart guy.... you know where I'm going with this...lol! There might have been some truth to your previous statement in the beginning, but what about now? As a scholar and a guy that big on tech, you would think that, as more info was released and changes were made within project, you as a CZcamsr, your review would update as well.....but for some reason, that doesn't happen. It never happens with any CZcamsr. Don't get me wrong... If a project is crap, its crap! But if a project has the potential to become something that could help the space as a whole grow by setting a higher bar, or doing something no project has yet to accomplish, why not right your wrongs and bring another discussion to the table. Again, you might have had a compelling argument then, but what about now!
    Love the videos.... Keep doing what your doing.... BUT try to take what I'm saying in consideration.

  • @geoffreyibe5622
    @geoffreyibe5622 Před 2 lety +2

    Thank you Ivan.
    I joined the blockchain ecosystem few days ago. I look forward to learning more!

  • @vj9
    @vj9 Před 2 lety +2

    At 21:19 you say the link to demonstration page is in the description, cant find it. Loved the video though. Please share the link of the demon page

  • @JohnyWalken
    @JohnyWalken Před 6 lety +2

    Very good initiative to discuss THE whitepaper.

  • @ziomanzo
    @ziomanzo Před 6 lety +19

    smashed ++
    thanks for your commitment to teach us every important thing of the whole space. 👍

  • @CJFilms1001
    @CJFilms1001 Před 6 lety +4

    "Satoshi Nakamoto" Is a group of elite hackers

  • @hakanhakan2585
    @hakanhakan2585 Před 6 lety +3

    Even better than usually :), thanks!

  • @henricormier8128
    @henricormier8128 Před 6 lety +5

    Great video Ivan.. can't wait for the coding class to start.. ;)

  • @satoshiserben5417
    @satoshiserben5417 Před 3 lety +1

    Learning bitcoin from the scratch! Thank you Ivan!

  • @909sickle
    @909sickle Před 6 lety +1

    Can't wait for Friday.

  • @user-jamessmith
    @user-jamessmith Před 10 měsíci +1

    Completed the video on 10/25/2023

  • @chandanny4826
    @chandanny4826 Před měsícem

    Greatest explanation about hash and mining. Thx Ivan 🎉🎉🎉🎉

  • @abubokerfarog1840
    @abubokerfarog1840 Před 4 měsíci

    In negotiation, using "we" instead of "I" signifies that the party is leading the team and has the initiative.

  • @Out_of_Czech
    @Out_of_Czech Před 6 lety +16

    You really should get a tablet+pen for the drawing :)

  • @justinberken
    @justinberken Před 6 lety +1

    Great video, I'll have to watch a few times to fully absorb :)

  • @dabronx340
    @dabronx340 Před 6 lety +2

    Great job Ivan. Very clear and to the point. Thank you

  • @user-uw6cu3nt8e
    @user-uw6cu3nt8e Před 10 dny

    Back in 2008 I was in college and today when I look back, I feel Satoshi Nakamoto was living 50 years ahead of us...

  • @scottbuszard
    @scottbuszard Před 6 lety +1

    There's a reason why kings and queens have their heads on the money, it's because money is power. This is why Bitcoin is so revolutionary... the first money with no face on it. Think about it...

  • @yahyaelyamine5617
    @yahyaelyamine5617 Před rokem

    This live is completely underrated, this guy made it easy to understand even for a dummy like me. Liked and subscribed.

  • @enkh-uliraldechin7071
    @enkh-uliraldechin7071 Před 6 lety +1

    Thank you Ivan. I just learn so much from you while driving.

  • @Skyscraper21
    @Skyscraper21 Před rokem

    Funnily enough the WE brought me here. I wanted to know what others say about how interesting it is that Nakamoto write: "therefore WE propose".

  • @utube3805
    @utube3805 Před 6 lety

    Sending luv thanks Ivan love your shows man !

  • @investradelearn
    @investradelearn Před 6 lety

    Great show man, the like button was properly smashes as always, keep the good work!

  • @aidenmisao822
    @aidenmisao822 Před rokem

    Great video. Helped me neatly understand the blockchain system. Thanks so much Ivan, you're a rockstar!

  • @shahzadtajik5311
    @shahzadtajik5311 Před 4 lety

    Greatly Explain >>>>> Ivan work for this community is Endless ......Stay blessed Man

  • @mr_phamtastic
    @mr_phamtastic Před 2 lety

    Love this deep dive of the white paper!

  • @Scripterrific
    @Scripterrific Před 4 lety +1

    Can we get a deep dive into chapter 11 please?

  • @andyjohnson9402
    @andyjohnson9402 Před rokem

    Thank you. Thank you. Thank you.

  • @syberizman
    @syberizman Před 10 měsíci

    Ivan 6 years ago :D

  • @MauricioMartinez0707
    @MauricioMartinez0707 Před 2 lety +2

    he starts at 4:45

  • @bonganic5125
    @bonganic5125 Před 2 lety

    Google would know who Satoshi is, if all the research was from websites, this is not the case here. Only two websites are cited. Another thing to note, Google was not the only search engine available at the time.

  • @shivam.shakya
    @shivam.shakya Před 2 lety

    This is the best bitcoin white paper explanation i've ever watched. Thanks Ivan!

  • @Tejco
    @Tejco Před 6 lety

    I must say you are currently my favourite youtuber, not just in crypto space :D

  • @tuck582
    @tuck582 Před 6 lety

    Love the video. Please choose a background loop that lasts longer though, haha

  • @TheoTzu
    @TheoTzu Před 3 lety

    Thx

  • @kokyingzhao1584
    @kokyingzhao1584 Před 6 lety +1

    liked smashed. It is always good to educate the fundamentals. And happy bitcoin pizza days guys!

  • @rittoosingh9087
    @rittoosingh9087 Před 6 lety

    This was a great video... one word KNAWLEDGE loll can't wait for the interview Friday please leave the live comments on 😂🤣😂🤣

  • @Jermunkle
    @Jermunkle Před 2 lety

    Treasury Sec. Janet Yellen watched this video a few days ago and had an epiphany

  • @emilsandbech
    @emilsandbech Před 3 lety

    You just made a really complicated piece of whitepaper very understandable! The best explanation of blockchain I have seen. Help me quite a lot. Thanks :)

  • @auralsax
    @auralsax Před 6 lety

    Excellent content as always! Hope to see you in Singapore again.

  • @john1313js
    @john1313js Před 2 lety +1

    Awesome work

  • @malardjm
    @malardjm Před 2 lety

    Thank you!

  • @jdizzlebrownie
    @jdizzlebrownie Před 3 lety

    You've earned my subscription sir! Much appreciated.

  • @Prof.Mayur.
    @Prof.Mayur. Před 3 lety

    Thank you bro.. This is One of the most useful video on CZcams. ❤🙏

  • @AdamMichael-jy6by
    @AdamMichael-jy6by Před 6 měsíci

    Wow. What a great explanation.

  • @superindia8234
    @superindia8234 Před 2 lety

    thanks a ton for proving such tough information in easy way. thank you very much again brother.

  • @leonardo_magallanes
    @leonardo_magallanes Před 2 lety

    Thank you so much for explaining in such detail.

  • @lifeinperth3066
    @lifeinperth3066 Před rokem

    He is a rooting tooting champion man!

  • @pratik8517
    @pratik8517 Před 2 lety

    thank you

  • @coldflowz
    @coldflowz Před 6 lety

    Holy shit, Ivan. You rock!

  • @mruback3
    @mruback3 Před 6 lety +2

    very interesting -- smashing the likes.

  • @user-cy6zp4pw6p
    @user-cy6zp4pw6p Před 5 měsíci

    Thanks

  • @kiennguyentrung1766
    @kiennguyentrung1766 Před 6 lety

    Tks Ivan

  • @Filipe8019
    @Filipe8019 Před 6 lety

    Pure gold - thanks Ivan

  • @jonahjosemaria6159
    @jonahjosemaria6159 Před 2 lety

    Where is the link to the white paper??

  • @YTOneLord
    @YTOneLord Před 6 lety

    ivan i salute your passion and peseverance

  • @cryptooten3588
    @cryptooten3588 Před 6 lety

    I've ordered the course. No email since order.
    When does additionally information will sent to customers?

  • @mistersmith8962
    @mistersmith8962 Před 6 lety

    This is how people were talking about the Constitution back in 1776, maybe we should write a whitepaper version and get people to buy ConstitutionCoin- get paid to uphold (uphodl) Freedom, even double-spend it!

  • @vvin4u
    @vvin4u Před 6 lety

    Thanks for your work ivan

  • @andriusjaksevicius3286

    Great video and explanation, thanks Ivan

  • @ChristineGodail
    @ChristineGodail Před 6 lety

    Hi Ivan, I smashed the like button because you removed the feet walking in the water behind you. Thank you very much.
    However, now, in the background, we can see people moving behind their computers and it is distracting. In this video, it is not very troublesome because the whitepaper covers the background but could you please put a STATIC screen behind you. For instance, a light grey colour. When the journalists present the news on TV, nothing is moving behind them. Do you think that people would listen to the news if they could see people moving behind the journalist? It's not possible because of visual distraction. I don't understand why your team keeps on doing this mistake. Too bad!

  • @actamayo2
    @actamayo2 Před 6 lety

    Ivan is Setoshi! Thank you Ivan for the gift of bitcoin and its blockchain to the world :-):-)

  • @carljustinemosquida9614

    Thank you very much for this

  • @mpho1
    @mpho1 Před 6 lety

    Thanks Ivan

  • @user-ki3he9px2x
    @user-ki3he9px2x Před 4 lety

    Where can I read about the encoding scheme Satoshi used for Bitcoin?

  • @AlessandroMuraroIT
    @AlessandroMuraroIT Před 3 lety

    great video, thx

  • @Brian-ej9ew
    @Brian-ej9ew Před 6 lety

    SmashedVery interesting and well explained. Well done Ivan.

  • @luigibigtime8774
    @luigibigtime8774 Před 6 lety

    Ivan??what was the value of the first block reward??how was monetary value assigned??did it take the first fiat trade??

  • @matthewpeterson5159
    @matthewpeterson5159 Před 6 lety

    I don't think Rodger Ver even deserves to be interviewed. He deserves to be in prison.

  • @colinheyes3065
    @colinheyes3065 Před 6 lety

    Ivan. Why does everyone assume that a 51% attack will be done by a rational method. Example... if a mining pool has 51% and a kidnapper kidnaps the leader of the mining pool, the kidnapper may just want to destroy the bitcoin network and hence the incentive means nothing because he might just want bitcoin to be destroyed and then another coin can take its place and hence his job is done. Is this not the real threat of a 51% attack?

  • @jorges4524
    @jorges4524 Před 6 lety

    Cicada 3301 is satoshi

  • @MtCarmel-zy7yb
    @MtCarmel-zy7yb Před 6 lety

    That's probably one of the easiest explanation I've heard so far

  • @pro-cr2eo
    @pro-cr2eo Před 2 lety

    Satoshi's idea is similar to how github commit system works

  • @robganon
    @robganon Před 5 lety

    Can someone expand on the last paragraph of Section 7? Thank you!

  • @DPortal17
    @DPortal17 Před 6 lety

    Great video, like always.

  • @cposadaa
    @cposadaa Před 2 lety

    It says " WE provide a solution to the double-spending problem" .... so clearly Satoshi is a pseudonym for a group of people

  • @rramos7488
    @rramos7488 Před 6 lety

    So basically, whats got us from being completely decentralized are the ASICs, if all nodes were once mining nodes; the only reason theyre not anymore is because of the ASICs making them incompetent. Would we even be having this discussion about centralization and mining in china? Sounds like we need to go back to the USB drives to make things safer. Aslong as almost everyone owns or operates a fully validating node.

  • @christiankuhl2790
    @christiankuhl2790 Před 6 lety

    To say the BTC Whitepaper is the most important document in the world might be a slight overstatement. Hopefully there is more to life than blockchain and crypto; even though they are transformative in many ways :-)

  • @zaydenbasevski1418
    @zaydenbasevski1418 Před 2 lety

    beautiful, thank you very much

  • @migengro
    @migengro Před 6 lety +12

    So, the Bitcoin Whitepaper is the new Bible... LOL!

  • @couvmark
    @couvmark Před 6 lety

    Great explanation. Thanks! SMASHED!

  • @OldermanOlder
    @OldermanOlder Před 6 lety

    what happens with stale/orphan blocks ?

  • @cbldv1330
    @cbldv1330 Před 6 lety

    Ivan, if you love me you’ll make Ver cry like you did Heart.

  • @andrehidalgo9020
    @andrehidalgo9020 Před 6 lety

    None of the 3000 and more cryptos are truly peer to peer, not even bitcoin.

  • @SabhanKahlanBadhan
    @SabhanKahlanBadhan Před 3 lety

    Fiat will become the orphan “block”

  • @yoda2649
    @yoda2649 Před 2 lety

    Ivan late to the party i am, a like I give you!

  • @vasichar
    @vasichar Před 3 lety

    precious

  • @thomasmcgregor3302
    @thomasmcgregor3302 Před 6 lety

    What about scaling, was the idea on-chain?

  • @iangreen180
    @iangreen180 Před 6 lety

    If I write on behalf of a company or a business I write "we", even if I am the only person in the company. ... Also Satoshi likely protected his privacy while using the Internet, but vocabulary and writing style analysis might have better results. Clif High and Bix Weir think Satoshi is Alan Greenspan, but I am pretty sceptical about staring at goats!

  • @askartop2628
    @askartop2628 Před 4 lety

    thanks man! you are the best!

  • @mistersmith8962
    @mistersmith8962 Před 6 lety

    do you feel 5G and faster networks will improve crypto usage ?

  • @timothywang9709
    @timothywang9709 Před 2 lety

    Amazing

  • @InTenMinutes1
    @InTenMinutes1 Před 6 lety

    So would a miner who spent energy mining what went on to become a stale/orphan block not be able to spend the coins mined from that block?

    • @IvanOnTech
      @IvanOnTech  Před 6 lety

      Yes it would be rolled back

    • @InTenMinutes1
      @InTenMinutes1 Před 6 lety

      Okay, thanks. I really appreciate your videos by the way, this is a super useful source of valuable information and discussion. Excellent work man :)