Blockchain Part 3
Explicit content warning
03/18/22 • 50 min
We’re getting to the end of our exploration of blockchain technology, which means we’re almost ready to start talking about cryptocurrency.
In this final blockchain-focused episode, we clarify a few definitions and look at what exactly is going on under the hood when a bitcoin transaction is made. Although blockchain can get pretty complicated, we know that a basic understanding of it will stand you in good stead when we start to talk about crypto in earnest.
Further reading for those who like to curl up with a good book:
The Truth Machine: The Blockchain and the Future of Everything (2018), by Michael J. Casey and Paul Vigna
The Basics of Bitcoins and Blockchains (2018), by Anthony Lewis
Bubble or Revolution? (2021), by Neel Mehta, Adi Agashe and Parth Detroja
Blockchain Revolution (2016), by Don and Alex Tapscott
We hope you enjoy the show.
Producer for iHeart Media: Noel Brown
Editor: Sam Moult
Learn more about your ad-choices at https://www.iheartpodcastnetwork.comSee omnystudio.com/listener for privacy information.
We’re getting to the end of our exploration of blockchain technology, which means we’re almost ready to start talking about cryptocurrency.
In this final blockchain-focused episode, we clarify a few definitions and look at what exactly is going on under the hood when a bitcoin transaction is made. Although blockchain can get pretty complicated, we know that a basic understanding of it will stand you in good stead when we start to talk about crypto in earnest.
Further reading for those who like to curl up with a good book:
The Truth Machine: The Blockchain and the Future of Everything (2018), by Michael J. Casey and Paul Vigna
The Basics of Bitcoins and Blockchains (2018), by Anthony Lewis
Bubble or Revolution? (2021), by Neel Mehta, Adi Agashe and Parth Detroja
Blockchain Revolution (2016), by Don and Alex Tapscott
We hope you enjoy the show.
Producer for iHeart Media: Noel Brown
Editor: Sam Moult
Learn more about your ad-choices at https://www.iheartpodcastnetwork.comSee omnystudio.com/listener for privacy information.
Previous Episode
Blockchain Part 2
Last time we started talking in earnest about blockchain: the technology that makes cryptocurrency possible. We avoided getting too deep into the weeds, as it’s easy to get swamped by technical jargon if you’re not careful.
This time, we’re wading out a little deeper and talking more about how blockchain works. We’ll explore some of the processes that take place when we use a blockchain and explore how they’re able to function.
Naturally, things get a bit more technical from here, but never fear - we’ll explain everything as we go along. We’ll look at hash functions, Merkle trees, nodes, miners and much more besides. And, if that all sounds a bit too technical we’ll also be exploring how one man ended up spending 10,000 bitcoins on pizza.
Some further reading if you fancy it:
The Truth Machine: The Blockchain and the Future of Everything (2018), by Michael J. Casey and Paul Vigna
The Basics of Bitcoins and Blockchains (2018), by Anthony Lewis
Bubble or Revolution? (2021), by Neel Mehta, Adi Agashe and Parth Detroja
Blockchain Revolution (2016), by Don and Alex Tapscott
We hope you enjoy the show.
Producer for iHeart Media: Noel Brown
Editor: Sam Moult
Learn more about your ad-choices at https://www.iheartpodcastnetwork.comSee omnystudio.com/listener for privacy information.
Next Episode
Bitcoin Part 1
It’s taken a while, but we’re finally there folks: it’s time to talk about Bitcoin. Now that we’ve covered the origins of money and how we use it, and spent some time exploring blockchain technology, we’re ready to talk about cryptocurrency. Let’s face it, that’s what we’re here for, after all.
In this episode, we’ll talk about the emergence of Bitcoin back in 2009. We’ll explore the shadowy group known as the cypherpunks, whose ideas and obsessions were key influences on Bitcoin and its mysterious creator. We’ll also look at some early attempts to create a form of digital money free from the malign influence of banks and other financial institutions. These forerunners of Bitcoin would themselves play a major role in shaping the first cryptocurrency.
We’ll also start to encounter some of the characters who have contributed, directly or indirectly, to Bitcoin’s development and begin to ask the question: who on earth is Satoshi Nakamoto?
As with previous episodes, there’s tons of material online if you want to dig deeper into what we cover. There are some great books you can read too, several of which were enormously useful in putting this episode together:
The Bitcoin Standard (2018) by Saifedean Ammous
Bitcoin: The Future of Money? (2014) by Dominic Frisby
Digital Gold (2015) by Nathaniel Popper
The Age of Cryptocurrency (2015) by Paul Vigna and Michael J. Casey
We hope you enjoy the show.
Producer for iHeart Media: Noel Brown
Editor: Sam Moult
Learn more about your ad-choices at https://www.iheartpodcastnetwork.comSee omnystudio.com/listener for privacy information.
The Coin Bureau Podcast: Crypto Without the Hype - Blockchain Part 3
Transcript
The coin Bureau Podcast is a production of I Heart Radio. Every bitcoin transaction has a tiny fee attached to it, and this is this exists in order to pay the miners for their work. But the main reward for miners is what's called a block reward, So they get a certain amount of BTC for every block that they mine for them that they meant. Hello everyone, and welcome to the coin Bureau Podcast. And this is Blockchain Part three, Part three. Yes, we'
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