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Dollars & Sats Episode 2

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Manage episode 431386471 series 3587851
Content provided by Chris Wilson. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Chris Wilson or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

In this episode, we discuss the Bitcoin whitepaper.

Here is the link: The Whitepaper

Take the time to read it. It is only 9 pages, and you will get the gist of what they were trying to do. The problem of being able to send value over a digital network sounds simple, but many people had been working on it for some time. This paper came up with a clever way to utilize a network of actors that would utilize their computer power to establish a distributed ledger that is verified by consensus.

This experiment slowly grew into a network that now has a total value of over $1 Trillion. And its just going to keep growing as more and more people worldwide adopt the technology.

We are just getting this podcast off the ground. Stay tuned for a lot more good information to help you get started on your journey of learning about bitcoin. Thanks for listening.

  continue reading

4 episodes

Artwork
iconShare
 
Manage episode 431386471 series 3587851
Content provided by Chris Wilson. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Chris Wilson or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

In this episode, we discuss the Bitcoin whitepaper.

Here is the link: The Whitepaper

Take the time to read it. It is only 9 pages, and you will get the gist of what they were trying to do. The problem of being able to send value over a digital network sounds simple, but many people had been working on it for some time. This paper came up with a clever way to utilize a network of actors that would utilize their computer power to establish a distributed ledger that is verified by consensus.

This experiment slowly grew into a network that now has a total value of over $1 Trillion. And its just going to keep growing as more and more people worldwide adopt the technology.

We are just getting this podcast off the ground. Stay tuned for a lot more good information to help you get started on your journey of learning about bitcoin. Thanks for listening.

  continue reading

4 episodes

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