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DevCore Boston 2015 l What Satoshi Didn't Know l Gavin Andresen, Bitcoin Foundation
 
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#DevCore is a series of workshops set to host around the world for all developers interested in deepening their technical expertise to support the future development of Bitcoin Core. DevCore Boston was our inaugural event held 15 February 2015. Title Sponsor: Circle Supporting Sponsors: CoinDesk and Pillsbury Winthrop Shaw Pittman Lunch Sponsor: Gem Hackathon Sponsor: Blockchain Media Partners: InsideBitcoins, College Crypto Network and MIT Bitcoin Club Schedule: 9:00 am Welcome & Introductory Remarks: Moving to the Mainstream – Patrick Murck 9:10 am What Satoshi Didn’t Know – Gavin Andresen 9:45 am In-Depth Q&A Session with Gavin Andresen 10:00 am The Internet of Value Exchange – Jeremy Allaire & Sean Neville 11:00 am Bitcoin Law for Developers – James Gatto & Marco Santori 11:45 am Open Discussion - R&D Goals & Challenges – Patrick Murck, Gavin Andresen, Cory Fields 12:30 pm Feature Presentation: Multisig Meets Hardware – Micah Winkelspecht 1:15 pm Talk & Book Signing – 'Mastering Bitcoin' with Andreas M. Antonopoulos 2:00 pm Bitcoin & Standards – Joshua McDougall, Patrick Murck, Michael Perklin 2:45 pm Quick Hacks - How to Build Developer APIs on the Block Chain – Cory Fields, Kevin Houk, Tim Lee 3:50 pm Closing remarks – Patrick Murck
Views: 15813 The Bitcoin Foundation
#Bitcoin2014 - Annual State of Bitcoin by Gavin Andresen, Chief Scientist of Bitcoin Foundation
 
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Bitcoin 2014's Annual State of Bitcoin Address took place on Friday, May 16, 2014 at the Passenger Terminal Amsterdam Main Deck in the Netherlands. Hear the word direct from the Bitcoin Foundation's Chief Scientist, Gavin Andresen, on the state of the protocol -- where we are now, what technical challenges lie ahead and what does the future hold?
Q+A with Gavin Andresen - Chief Scientist, Bitcoin Foundation
 
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Gavin Andresen, Chief Scientist, Bitcoin Foundation, answers the peoples' questions about Bitcoin scalability, core development, Cody Wilson, Satoshi Nakamoto, blockchain technology, US Treasury and more at the San Francisco Bitcoin Meetup at Geekdom SF on December 16, 2014. Filmed and Produced by Ryan Taylor @adjyleak Bitcoin tip address: 1LAGHLBxwE8LWtA16PMWD36GRh3Q7y86d3
Views: 251 SF Bitcoin Meetup
Gavin Andresen about Bitcoin
 
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Are you a fan of Bitcoin or simply interested in learning more about it? Check out https://www.bitcoin-gear.com/
Views: 1079 Bitcoin Gear
Triangulation 103: Gavin Andresen
 
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Chief scientist at the Bitcoin Foundation, Gavin Andresen is today's guest. Host: Leo Laporte Guest: Gavin Andresen Download or subscribe to this show at twit.tv/tri. We invite you to read, add to, and amend our show notes.
Views: 10184 Triangulation
Coinbase Tech Talk: Gavin Andresen, Bitcoin Foundation 9/16/2015
 
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Coinbase Tech Talk Gavin Andresen, Chief Scientist at the Bitcoin Foundation and member of the MIT Media Lab's Digital Currency Initiative Attending: Coinbase HQ Employees, Remote Employees September 16, 2015 San Francisco 2-3PM
The Bitcoin Show: Special Bitcoin Conference Coverage: Gavin Andresen 08/20/2017
 
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Bitcoin client developer Gavin Andresen talks about how he got started in bitcoin. Recorded at the 2017 Bitcoin Conference in New York City. Coverage from the Worlds First Bitcoin Conference vesves World Expo! Stefan Thomas of weusecoins.com and BitcoinJS talks about BitcoinJS development. Tips: 115zoaH8Sg9fqMxo6G8VPuxweSFF7C1MNJ Recorded at BITCOIN 2017 in Amsterdam on 17, 2017. STARTUP CHALLENGE Gavin Andresen Brock Pierce Roger Ver David Johnston Chris Larsen Micky.
Views: 76 Yassine H
An evening with Gavin Andresen (Bitcoin Foundation) - San Francisco Bitcoin Meetup (HD) (Dec 2014)
 
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Join the SF Bitcoin Meetup http://www.meetup.com/San-Francisco-Bitcoin-Social/ Gavin Andresen Chief Scientist, Bitcoin Foundation. All-around geek. https://twitter.com/gavinandresen Like the Video? Donate: https://blockchain.info/address/1LAYuQq6f11HccBgbe6bx8DiwKwzuYkPR3 Subscribe: http://patreon.com/madbitcoins Sponsor: http://MadBitcoins.com
Views: 1572 MadBitcoins
Gavin Andresen: How I Got Started in Bitcoins
 
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Bitcoin client developer Gavin Andresen talks about how he got started in bitcoin. Recorded at the 2011 Bitcoin Conference in New York City
Views: 2834 BookofNick
BITCOIN 2014 - State of Bitcoin Address - Gavin Andresen
 
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Help make more of this content possible. Please donate: 1LAbmS7ksjpgEyxgHu2JdQhtzk6D3WfE4c Recorded May 16, 2014 at BITCOIN 2014 in Amsterdam, Holland. Gavin Andresen, Chief Scientist - Bitcoin Foundation State of Bitcoin Address Hear the word direct from the Bitcoin Foundation's Chief Scientist and Lead Developer, Gavin Andresen, on the state of the protocol -- where we are now, what technical challenges lie ahead and what does the future hold? Subscribe to the show in iTunes: https://itunes.apple.com/us/podcast/coinsider-this!-bitcoin-podcast/id683905342 Email questions, comments, and complaints to [email protected] Send some Bitcoin if you enjoy the show: 1LAbmS7ksjpgEyxgHu2JdQhtzk6D3WfE4c
Views: 4197 Coinsider This!
EB94  Gavin Andresen On The Blocksize And Bitcoins Governance
 
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Облачный майнинг - https://www.cryptomining.io/?rid=NDU0MTYz Bitcoin - криптовалюта, признанная мировым банком как реальная децентрализованная валюта! На этом канале ты найдешь множество полезной информации о то, что такое биткоин (bitcoin), как его добывают (майнинг криптовалют), как зарабатывать на бирже криптовалют, как сделать свою майнинг ферму и заниматься заработком на майнинге видеокарт и/или майнинге процессоров.
In-Depth Q&A Session with Gavin Andresen (Devcore Boston, Circle.com & The Bitcoin Foundation)
 
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In-Depth Q&A Session with Gavin Andresen (Devcore Boston, Circle.com & The Bitcoin Foundation) Tip Jar: 1FEqW7sQrxqQbVtx3TpYMKYUuLU9CUEfmo
Views: 824 TheBitcoinArmy
Satoshi On Scaling - Gavin Andresen (DevCore 2015)
 
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Tip Jar: 1FEqW7sQrxqQbVtx3TpYMKYUuLU9CUEfmo Satoshi On Scaling - Gavin Andresen (DevCore 2015)
Views: 753 TheBitcoinArmy
Gavin Andresen about Craig Wright as Satoshi Nakamoto
 
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Gavin Andresen, chief scientist at the Bitcoin Foundation, speaks about Craig Wright, who has publicly identified himself as Satoshi Nakamoto, the creator of Bitcoin. Earlier, Mr Craig Wright digitally signed messages using cryptographic keys linked to blocks of bitcoins known to have been mined by Satoshi Nakamoto. https://www.youtube.com/watch?v=vxk31hL1RqA Credit: Video courtesy of BBC
Views: 37975 SciNews
MLTalks: Bitcoin Developers Gavin Andresen, Cory Fields, and Wladimir van der Laan
 
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In the span of just a few short years, Bitcoin has grown from a peripheral open-source project into a major catalyst for the development of decentralized, trustless digital payments and contracts. In the spirit of the Internet's wide reach, this technology has the potential to positively impact billions of people and become a crucial part of daily life. In spite of Bitcoin’s rapid growth, the path to widespread adoption remains challenging, and many tough decisions will need to be made in order to ensure the technology’s long-term success. At the core of this decision-making process is a small group of developers who are the stewards of Bitcoin’s core software—security software that helps protect assets worth billions of dollars, as well as the delicate trust in Bitcoin’s decentralized infrastructure. Join us for a conversation with three of these core developers—Gavin Andresen, Cory Fields, and Wladimir van der Laan—to discuss ongoing debates about Bitcoin’s development and future success. Biography: Gavin Andresen was the lead maintainer of the Bitcoin open source software project after its creator, Satoshi Nakamoto, disappeared. He is currently a software developer at the MIT Digital Currency Initiative, and still serves as the Chief Scientist of the Bitcoin Foundation. He began his career working on 3D graphics software at Silicon Graphics Computer Systems, and has founded or worked at several startups. Cory Fields is a Bitcoin Core developer who works to maintain and improve development and deployment workflows. His work typically revolves around build procedures and long-term code-base maintainability. For the Bitcoin Core project, he focuses on the build-system, continuous integration, automated regression testing, modularization, and the deterministic release process. Wladimir van der Laan is a developer at the MIT Digital Currency Initiative and lead maintainer for the Bitcoin Core project. This involves reviewing code, troubleshooting bugs, software testing, communicating with open source contributors, as well as coordinating the release process. He has a background in computer science and embedded software development. More information at: https://www.media.mit.edu/events/mltalks-bitcoin-developers-gavin-andresen-cory-fields-and-wladimir-van-der-laan/
Views: 7238 MIT Media Lab
Bitcoin What is Bitcoin,How to Bitcoin, etymology, history, desing, ownership
 
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Bitcoin What is Bitcoin,How to Bitcoin, etymology, history, desing, ownership Bitcoin is a cryptocurrency and worldwide payment system. It is the first decentralized digital currency, as the system works without a central bank or single administrator. The network is peer-to-peer and transactions take place between users directly through the use of cryptography, without an intermediary. These transactions are verified by network nodes and recorded in a public distributed ledger called a blockchain. Bitcoin was invented by an unknown person or group of people under the name Satoshi Nakamoto and released as open-source software in 2009. Bitcoins are created as a reward for a process known as mining. They can be exchanged for other currencies, products, and services. As of February 2015, over 100,000 merchants and vendors accepted bitcoin as payment. Research produced by the University of Cambridge estimates that in 2017, there are 2.9 to 5.8 million unique users using a cryptocurrency wallet, most of them using bitcoin. Etymology The word bitcoin first occurred and was defined in the white paper that was published on 31 October 2008. It is a compound of the words bit and coin. The white paper frequently uses the shorter coin. There is no uniform convention for bitcoin capitalization. Some sources use Bitcoin, capitalized, to refer to the technology and network and bitcoin, lowercase, to refer to the unit of account. Units The unit of account of the bitcoin system is bitcoin. As of 2014, tickers used to represent bitcoin are BTC and XBT. Its Unicode character is Small amounts of bitcoin used as alternative units are millibitcoin (mBTC) and satoshi. Named in homage to bitcoin's creator, a satoshi is the smallest amount within bitcoin representing 0.00000001 bitcoin, one hundred millionth of a bitcoin. A millibitcoin equals 0.001 bitcoin, one thousandth of a bitcoin or 100,000 satoshis. History Main article: History of bitcoin On 18 August 2008, the domain name "bitcoin.org" was registered. In November that year, a link to a paper authored by Satoshi Nakamoto titled Bitcoin: A Peer-to-Peer Electronic Cash System was posted to a cryptography mailing list. Nakamoto implemented the bitcoin software as open source code and released it in January 2009. The identity of Nakamoto remains unknown. In January 2009, the bitcoin network came into existence after Satoshi Nakamoto mined the first ever block on the chain, known as the genesis block, for a reward of 50 bitcoins. Embedded in the coinbase of this block was the following text: The Times 03/Jan/2009 Chancellor on brink of second bailout for banks. This note has been interpreted as both a timestamp of the genesis date and a derisive comment on the instability caused by fractional-reserve banking. One of the first supporters, adopters, and contributors to bitcoin was the receiver of the first bitcoin transaction, programmer Hal Finney. Finney downloaded the bitcoin software the day it was released, and received 10 bitcoins from Nakamoto in the world's first bitcoin transaction. Other early supporters were Wei Dai, creator of bitcoin predecessor b-money, and Nick Szabo, creator of bitcoin predecessor bit gold. In the early days, Nakamoto is estimated to have mined 1 million bitcoins. In 2010, Nakamoto handed the network alert key and control of the Bitcoin Core code repository over to Gavin Andresen, who later became lead developer at the Bitcoin Foundation. Nakamoto subsequently disappeared from any involvement in bitcoin. Andresen stated he then sought to decentralize control, saying: "As soon as Satoshi stepped back and threw the project onto my shoulders, one of the first things I did was try to decentralize that. So, if I get hit by a bus, it would be clear that the project would go on." This left opportunity for controversy to develop over the future development path of bitcoin. The value of the first bitcoin transactions were negotiated by individuals on the bitcointalk forums with one notable transaction of 10,000 BTC used to indirectly purchase two pizzas delivered by Papa John's. On 6 August 2010, a major vulnerability in the bitcoin protocol was spotted. Transactions were not properly verified before they were included in the blockchain, which let users bypass bitcoin's economic restrictions and create an indefinite number of bitcoins. bitcoin,what is bitcoin,how to bitcoin,bitcoin etymology,bitcoin history,bitcoin desing,bitcoin ownership,cryptocurrency,bitcoincash,bitcoin cash,b-money,Nick Szabo,peer-to-peer,Bitcoin mining,bitcoin.org,bit gold,bitcoin transaction,Electronic Cash System,cryptography mailing list,BTC,cryptocurrency wallet,bitcoin wallet,millibitcoin,digital currency,blockchain,Gavin Andresen,alert key,Hal Finney,Bitcoin Foundation,Bitcoin Core code,bit and coin
Views: 79 maximum personnel
Gavin Andresen about Bitcoin
 
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Gavin Andresen about Bitcoin (at Bitcoin conference in Amsterdam 2014)
Views: 4432 WYONAPICTURES
Gavin Andresen
 
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I talk to Gavin Andreson about how it all began, the work that he's been doing, issues that are currently being discussed by the core developers and other stakeholders, and other things as well.
Views: 3716 Crypto Sessions
Who is Bitcoin's Satoshi Nakamoto? | LIVE from the NYPL
 
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Bitcoin: Gavin Andresen | Nathaniel Popper | Andrew Ross Sorkin | Fred Wilson Recorded on May 19th, 2015 at the New York Public Library For more events by LIVE from the NYPL visit: http://www.nypl.org/events/live-nypl Watch the full 90min event here: http://goo.gl/Md1IiG Bitcoin is one of the most talked about but least understood technological innovations of recent years, continuing to draw new backers on Wall Street and Silicon Valley. New York Times reporter Nathaniel Popper's book, Digital Gold, illuminates this confounding technology through the first ever narrative recounting of Bitcoin's dramatic rise to prominence, which benefited from access to all the major players. He will be joined on stage by the programmer who has been leading the Bitcoin project since 2010, Gavin Andresen, and one of the biggest venture capitalists to back the technology, Fred Wilson of Union Square Ventures. The conversation will be instigated by New York Times columnist and CNBC anchor Andrew Ross Sorkin. GAVIN ANDRESEN is the Chief Scientist at the Bitcoin Foundation and is one of the longest serving and most widely respected developers of the Bitcoin protocol. Prior to this, he wrote 3D graphics software in Silicon Valley. NATHANIEL POPPER is a reporter at The New York Times, where he has covered the intersections between Wall Street and Silicon Valley. Before joining the Times, he worked at the Los Angeles Times and the Forward. Popper grew up in Pittsburgh and graduated from Harvard College. He lives in Brooklyn with his family. ANDREW ROSS SORKIN is a financial columnist for The New York Times , a co-anchor of CNBC's "Squawk Box," and the editor-at-large of DealBook, a news site he founded that is published by The Times. Sorkin is the author of the best-selling book,Too Big to Fail: The Inside Story of How Wall Street and Washington Fought to Save the Financial System—and Themselves. Sorkin co-produced an HBO adaptation of the book, which was nominated for 11 Emmy Awards. He has won numerous journalistic honors including two Gerald Loeb award and is a member of the Council on Foreign Relations. Sorkin began writing for The New York Times in 1995 under unusual circumstances: he hadn't yet graduated from high school. FRED WILSON has been a venture capitalist since 1987. He currently is a managing partner at Union Square Ventures and also founded Flatiron Partners. Fred has a Bachelors degree in Mechanical Engineering from MIT and an MBA from The Wharton School of Business at the University of Pennsylvania. Fred is married with three kids and lives in New York City.
Gavin Andresen Drops A New Concept On Github for Bitcoin Cash - Bitcoin News | cryptocurrency invest
 
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Gavin Andresen Drops A New Concept On Github for Bitcoin Cash - Bitcoin News | cryptocurrency invest
Views: 127 HNH Entertainment
DevCore Boston 2015 l Bitcoin + Standards l C4 + Bitcoin Foundation
 
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#DevCore is a series of workshops set to host around the world for all developers interested in deepening their technical expertise to support the future development of Bitcoin Core. DevCore Boston was our inaugural event held 15 February 2015. Title Sponsor: Circle Supporting Sponsors: CoinDesk and Pillsbury Winthrop Shaw Pittman Lunch Sponsor: Gem Hackathon Sponsor: Blockchain Media Partners: InsideBitcoins, College Crypto Network and MIT Bitcoin Club Schedule: 9:00 am Welcome & Introductory Remarks: Moving to the Mainstream – Patrick Murck 9:10 am What Satoshi Didn’t Know – Gavin Andresen 9:45 am In-Depth Q&A Session with Gavin Andresen 10:00 am The Internet of Value Exchange – Jeremy Allaire & Sean Neville 11:00 am Bitcoin Law for Developers – James Gatto & Marco Santori 11:45 am Open Discussion - R&D Goals & Challenges – Patrick Murck, Gavin Andresen, Cory Fields 12:30 pm Feature Presentation: Multisig Meets Hardware – Micah Winkelspecht 1:15 pm Talk & Book Signing – 'Mastering Bitcoin' with Andreas M. Antonopoulos 2:00 pm Bitcoin & Standards – Joshua McDougall, Patrick Murck, Michael Perklin 2:45 pm Quick Hacks - How to Build Developer APIs on the Block Chain – Cory Fields, Kevin Houk, Tim Lee 3:50 pm Closing remarks – Patrick Murck
BTC News - Gavin Andresen Drops A New Concept On Github for Bitcoin Cash
 
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Gavin Andresen Drops A New Concept On Github for Bitcoin CashOn January 2 one of the most well-known developers for the original bitcoin protocol, Gavin Andresen, contributed an idea to Github called “Storing the UTXO as a bit-vector.” Andresen has been active on Github for the past month as his contributions have been focused on general (Unspent Transaction Output) UTXO sets, but this particular idea is for the Bitcoin Cash (BCH) network. Also read:  The Developer Who Was Given the BTC Codebase Permissions from Satoshi Offers an Idea for BCH Network   Gavin Andresen has beenGithub for the past twenty-seven days, and on the second day of the new year, the developer contributed an idea for the BCH network. TheAndresen called “Half-baked thoughts exploring a different way of implementing a fully-validating BCH node,” is an idea on shifting the storage of full transaction data to wallets. The developer explains the concept is to let every node in the new network store a bit-vector for every block which can be highly compressible even for gigabyte-sized blocks. “This isn’t a problem today (the UTXO set easily fits in the RAM of an inexpensive server-class machine), but might eventually be at very large transaction volumes,” explains Andresen.Initial block download is a problem today (it is annoying to have to wait several hours or days to sync up a new node), and this scheme could make it orders of magnitude faster by shifting the time when full transaction data is broadcast from initial block download to new transaction announcement.‘Full-Node Operators Have the Right Incentives to Always Serve Correct UTXO Bit-Vectors’ Andresen believes the best option is to let “node operators hand-pick one or more semi-trusted nodes to get fast boot-strapping.” “That is simple, and there are plenty of full-node operators who have the right incentives to always serve up correct UTXO bit-vectors,” Andresen adds.     To ponder: is speeding up initial block download and saving memory at the cost of 2-3 times the bandwidth for new transaction announcements the right tradeoff? A gigabit per second connection is 75 gigabytes every ten minutes, so plenty of bandwidth for a few gigabytes of transaction data that translates into a gigabyte-sized block.Bitcoin Cash Community Asks: Is Gavin Back? Thecommunity seems elated that Andresen has contributed a new idea for the BCH network. On enthusiast on the /r/btc Reddit forum writes, “this is the first official confirmation that Gavin is building for BCH, unless I’m mistaken.” Many BCH supporters recollected the Tweet Andresen published this past November ;  Bitcoin Cash is what I started working on in 2010: a store of value AND means of exchange.What do you think about Gavin Andresen proposing the UTXO bit-vector idea for the Bitcoin Cash network? Let us know your thoughts in the comments below.Images via Pixabay, and the Bitcoin Cash logo. Need to calculate your bitcoin holdings? Check our tools section. Gavin Andresen Drops A New Concept On Github for Bitcoin Cash BTC News is the world's premier 24/7 news feed covering everything bitcoin-related. ‎About Bitcoin News, How to Calculate Bitcoin ... · ‎Bitcoin for Beginners ‎Op-Ed
Views: 181 Bitcoin News
Scaling the Bitcoin UTXO Set with Gavin Andresen
 
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Gavin recently shared a fascinating bitcoin scaling concept on Github. In this video, we dig into a couple of the details of his idea, and discuss its viability. Take a look at Gavin's post for yourself at https://gist.github.com/gavinandresen/f209a02ee559905aa69bf56e3b41040c. --- This episode is sponsored by Americas Cardroom, the most trusted online poker site. Fund your account AND claim your winnings using your favorite cryptocurrency!   Make your first deposit using bonus code CHRONOS to get 100% bonus + up to $50 cash.   US players welcome! Play TODAY: http://ow.ly/NEzd30guKzU Million Dollar Sunday, every Sunday at 3:00pm ET starting Jan. 7th --- About the show: One Minute Crypto is among the fastest-paced bitcoin shows in the universe. We cover everything on blockchain technology: walkthroughs, tutorials, news, and more. Check us out at http://oneminutecrypto.com. Music: http://bensound.com
Views: 581 Chronos Crypto
DevCore Boston 2015 l Moving to the Mainstream l Patrick Murck, Bitcoin Foundation
 
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#DevCore is a series of workshops set to host around the world for all developers interested in deepening their technical expertise to support the future development of Bitcoin Core. DevCore Boston was our inaugural event held 15 February 2015. Title Sponsor: Circle Supporting Sponsors: CoinDesk and Pillsbury Winthrop Shaw Pittman Lunch Sponsor: Gem Hackathon Sponsor: Blockchain Media Partners: InsideBitcoins, College Crypto Network and MIT Bitcoin Club Schedule: 9:00 am Welcome & Introductory Remarks: Moving to the Mainstream – Patrick Murck 9:10 am What Satoshi Didn’t Know – Gavin Andresen 9:45 am In-Depth Q&A Session with Gavin Andresen 10:00 am The Internet of Value Exchange – Jeremy Allaire & Sean Neville 11:00 am Bitcoin Law for Developers – James Gatto & Marco Santori 11:45 am Open Discussion - R&D Goals & Challenges – Patrick Murck, Gavin Andresen, Cory Fields 12:30 pm Feature Presentation: Multisig Meets Hardware – Micah Winkelspecht 1:15 pm Talk & Book Signing – 'Mastering Bitcoin' with Andreas M. Antonopoulos 2:00 pm Bitcoin & Standards – Joshua McDougall, Patrick Murck, Michael Perklin 2:45 pm Quick Hacks - How to Build Developer APIs on the Block Chain – Cory Fields, Kevin Houk, Tim Lee 3:50 pm Closing remarks – Patrick Murck
The Bitcoin Phenomenon
 
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Originally published and produced on Apr 12, 2014 for SQ1.tv, this Bitcoin documentary looks at the history, the ideologies, and the conflict between the politics of the early-adopters and the VCs/entrepreneurs pushing to take Bitcoin mainstream. SQ1.tv interviewed many of the leaders in the Bitcoin movement including Gavin Andresen, the former lead developer; Jeremy Liew, a venture capitalist; Erik Voorhees, one of the notable libertarians in the movement; Fred Ehrsam, co-founder of Coinbase; Peter Vessenes, head of the Bitcoin Foundation. Join us in this revolution. http://bitclub.network/letsbitcoin You can contact me (Eddy) at +60197041979 , Skype: eddybitcoin , Email: [email protected] https://www.facebook.com/lu.piero.7
#Bitcoin2014 - Panel: Bitcoin - The Wish List
 
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Bitcoin 2014's Bitcoin Technology: Present and Future's Panel: The Wish List took place on Friday, May 16, 2014 at the Movenpick Hotel - Zurich 2 from 3:30pm-4:30pm. The development of Bitcoin falls into two camps -- what has to be done now as an urgent priority and what could be done in the future in an ideal world. This panel assembles a group of developers and technologists to discuss the Bitcoin "Wish List" -- what do they see on their horizon for the most exciting and cutting-edge technical possibilities of Bitcoin that lie ahead? Moderator: Peter Vessenes (Chairman, Bitcoin Foundation) Speakers: Jeff Garzik (Bitcoin Core Developer, BitPay) Gavin Andresen (Chief Scientist, Bitcoin Foundation) Oleg Andreev (Developer, CoreBitcoin) Thomas Voegtlin (Founder, Electrum)
Bitcoin Architect: Everything You Need To Know About Bitcoin
 
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For a full description and comments visit: http://www.peakprosperity.com/podcast/82569/bitcoin-architect-everything-need-know-about-bitcoin Much has been written over the past year about the new digital currency Bitcoin -- especially after its price skyrocketed 15x in just a few months, followed by a blow-off correction of over 50%. But what exactly is it? How does it work? How secure is it? What are its advantages (and disadvantages) to sovereign fiat currencies? To precious metals? In this week's podcast, Chris talks with Gavin Andresen, chief scientist of the Bitcoin Foundation and lead developer for its digital currency project.
Views: 9137 ChrisMartensondotcom
Panel Discussion-DevCore Draper University 2015
 
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Andreas Antonopoulos, Matt Corallo, Greg Maxwell, Michael Perklin, Gavin Andresen. Andreas M. Antonopoulos is a technologist and serial entrepreneur who has become one of the most well-known and well-respected figures in bitcoin. He is the author of “Mastering Bitcoin”, published by O’Reilly Media and considered by many to be the best technical guide to bitcoin. As an engaging public speaker, teacher and writer, Andreas makes complex subjects accessible and easy to understand. As an advisor, he helps startups recognize, evaluate, and navigate security and business risks. As a bitcoin entrepreneur, Andreas has founded a number of bitcoin businesses and launched several community open-source projects. He is a widely published author of articles and blog posts on bitcoin, is a permanent host on the popular Let’s Talk Bitcoin Podcast, and a frequent speaker at technology and security conferences worldwide. Matt Corallo is a long-time Bitcoin developer who has been working on pioneering sidechain and Bitcoin extensibility technology since its inception. He has actively contributed to Bitcoin Core and its testing infrastructure, and to BitcoinJ, a Java implementation mainly focussed on lightweight applications. He moonlights as a Whisper Systems developer and researches secure hardware. Greg Maxwell was one of the key architects of the two-way peg which makes sidechains possible. He has been a Bitcoin core developer since 2011, and is one of the most active reviewers of cryptographic protocol proposals in the Bitcoin industrial ecosystem. He has contributed to many widely-used techniques in the Bitcoin space, such as the homomorphic key derivation used in BIP32 and trustless privacy-preserving techniques such as CoinJoin and blinded proof of solvency. Greg is a long-time free software developer and comes to Blockstream from Mozilla where he contributed to the Daala video compression project and coauthored the Opus audio codec (RFC 6716). He also has over 15 years of experience developing, implementing and operating embedded systems and protocols for large-scale networking. For many in the Bitcoin community, Greg is likely the person telling you that your protocol is broken and why, but he usually feels pretty bad about it. Michael Perklin is the president of C4, a non-profit standards organization dedicated to developing and maintaining standards that assist organizations in using blockchain technology such as Bitcoin. Through C4, Michael co-authored the industry's first security standard - the CryptoCurrency Security Standard - which is being adopted by companies and organizations throughout the industry as the gold standard for implementing and auditing proper security for cryptocurrencies like bit coin.
Views: 11044 The Bitcoin Foundation
The Bitcoin Show: Special Bitcoin Conference Coverage: Gavin Andresen - 08/20/2011
 
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Coverage from the World's First Bitcoin Conference & World Expo! Gavin Andresen the lead technical developer of the Bitcoin project discusses Bitcoin history, how he got involved, and the future of Bitcoin development.
Views: 4669 vlogwrap
Can Bitcoin Go Mainstream?
 
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Despite being criticized by many economists as being inherently deflationary and eyed with suspicion by government financial regulators, Bitcoin continues to grow in popularity. Gavin Andresen from the Bitcoin Foundation and Douglas Rediker of the Petersen Institute of International Economics discuss what Bitcoin is and where it is headed in the future. Andresen argues that Bitcoin allows for greater financial transparency. Speaker: Gavin Andresen, Chief Scientist, Bitcoin Foundation Presider: Douglas A. Rediker, Visiting Fellow, Peterson Institute for International Economics; Former Member, Executive Board, International Monetary Fund
Bitcoin 2014 Conference - Day 2 Highlights
 
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Day 2 of Bitcoin 2014 Conference was held on May 16, 2014. -Keynote Address by Dr. Patrick Byrne, CEO of Overstock -Annual State of Bitcoin Address by Gavin Andresen, Chief Scientist of The Bitcoin Foundation -BlockChain Awards
Bitcoin state of play with Gavin Andresen & Jim Fitzpatrick, The Profit Margin
 
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From rumoured bans to booms, 2015 was big for bitcoin worldwide. In the midst of continued global economic instability, what role does a decentralized crypto currency now play in powering the next wave of economic growth? Purchase tickets for Web Summit 2016 here - https://websummit.net/
Views: 2373 Web Summit
Blockchain 101 by HBUS | Ep.09 Nakamoto's successor Gavin Andresen
 
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Gavin Andresen is Bitcoin's core development team member and one of the few whom Nakamoto emailed prior to his disappearance. Gavin came in touch with Bitcoin in 2010, began submitting codes to Nakamoto to optimize Bitcoin's core system. Nakamoto gradually started to trust Gavin's code. One day, Nakamoto asked Gavin if he could put his email address on the homepage of Bitcoin and he agreed. After Nakamoto retreated behind the scenes, Gavin became a leader within the Bitcoin community. Gavin formed Bitcoin's core development team, striving to fix loopholes in Bitcoin's code and improving the software's stability. In 2012, Gavin founded the non-profit Bitcoin Foundation. Bitcoin’s success can be mainly attributed to the outstanding contributions of Gavin and his team. Website: https://www.hbus.com Facebook: https://www.facebook.com/HBUSOfficial Telegram: https://t.me/hbusofficial Twitter: https://twitter.com/hbusofficial Medium: https://medium.com/hbus-official
Views: 17 HBUS Official
Bitcoin: Expect Chaos and Drama | Dublin Web Summit | CNBC International
 
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Bitcoin Foundation's Gavin Andersen tells CNBC to expect chaos and drama of the Bitcoin. Subscribe to CNBC International: http://bit.ly/1eiWsDq Chief Scientist at Bitcoin Foundation, Gavin Andresen, says there's still "value" in the bitcoin, but he expects to see "chaos" and "drama" as the bitcoin ecosystem works itself out. CNBC's global business programme brings the business and investing world together. Each weekday Julia Chatterley, Wilfred Frost and Seema Mody consider the business stories that have global significance. With reports from CNBC's correspondents from around the world, Worldwide Exchange delivers essential, actionable information for any investor, anywhere who wants to be part of a global business conversation. CNBC.com for more great clips: http://cnb.cx/1kUyjkd CNBC Worldwide Exchange playlist: http://bit.ly/1oWdXcS Like us on CNBC's Facebook page http://www.facebook.com/cnbc Follow us on CNBC's Twitter accounts https://twitter.com/CNBCWorld https://twitter.com/CNBC
Views: 3413 CNBC International
CoinScrum: QA with Gavin Andresen and Mike Hearn
 
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CoinScrum: QA with Gavin Andresen and Mike Hearn Recorded By IamSatoshi London 2015 http://www.iamsatoshi.com/coinscrum-qa-gavin-andresen-mike-hearn https://twitter.com/Iam_Satoshi https://www.facebook.com/I.am.Satoshi... Tip BTC: https://www.onename.io/iamsatoshi 1NkMgKPdwP63q5LFQW84dczJthFWYLwkoW
Views: 8987 Satoshi Pollen
Gavin Andresen - State of Bitcoin 2014
 
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Excerpt from Let's Talk Bitcoin - Episode 114 (http://letstalkbitcoin.com/blog/post/ltb-114-the-scientist-and-the-scourge)
Views: 637 The LTB Network
Time Magazine Bitcoin -- Worst Investment of 2014 -- Gavin Andresen in SF Tonight!
 
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sponsored by http://www.Kinetics.cc Donate: https://blockchain.info/address/1LAYuQq6f11HccBgbe6bx8DiwKwzuYkPR3 Subscribe: http://patreon.com/madbitcoins Sponsor: http://MadBitcoins.com Decemeber 16th, 2014 -- MadBitcoins: Toasted wheat with a taste of honey! This episode is sponsored by Bitcoin Kinetics at http://www.Kinetics.cc -- Bitcoin Kinetics makes robots, electric cars, laundry machines, gas pumps, drones and basically any machine that can respond to Bitcoin payments! Check out BitCongress -- their latest project and Learn more at http://Kinetics.cc! Here are Today’s MadBits: Conference of State Bank Supervisors -- has a -- wait for it -- shocking! http://www.csbs.org/regulatory/ep/Pages/framework.aspx Time Magazine partners with Coinbase http://blog.coinbase.com/post/105352265402/time-inc-partners-with-coinbase-to-accept-bitcoin Google Shows Bitcoin Popularity Runs Counter to Price Drops http://cointelegraph.com/news/113119/google-shows-bitcoin-popularity-runs-counter-to-price-drops Meanwhile in the Main Stream Press -- they just can’t stop talking about us can they? Before it was silence, but now it’s non stop bitcoin! Bitcoin is the worst investment of 2014 http://qz.com/312598/bitcoin-is-the-worst-investment-of-2014/ Bitcoin Bears Say I Told You So http://www.bloomberg.com/news/2014-12-15/bitcoin-bears-say-told-you-so-as-digital-currency-falls.html Bitcoin has fared even worse this year than the Russian ruble http://theweek.com/speedreads/index/273723/speedreads-bitcoin-has-fared-even-worse-this-year-than-the-russian-ruble So yah. That happened. Sure. Lost a little money. Strikes and gutters. On to next year! Which just like last year, will be.... The Year of Bitcoin! Woooohooo! Meanwhile... Bitcoin Prices are up about half a point with WinkDex reporting a last of $333, a high of $348 and a low of $331. Litecoin is at $3.03 cents a coin. Yowza Bitcoin Meetup! Tonight in San Francisco! At Geekdom on Folsom Street at 6:45! -- Special Guest: Gavin Andreson, Chief Scientist of the Bitcoin Foundation. I didn’t really need to tell you that, it already says there’s 150 people going in a room that seats about 50. So we’ll see how that goes! Tonight! In San Francisco. Share -- Like and Comment! Your clicks count! Literally! Donate and Subscribe at MadBitcoins.com! Follow MadBitcoins on Twitter @MadBitcoins -------------------------------------------- all the things you ever wanted to know about MadBitcoins: Music - Pamgaea by Kevin MacLeod http://www.youtube.com/watch?v=yJEPTk7FLmk Royalty Free Music Licence: http://incompetech.com/music/royalty-free/licenses/ Video Background used by permission from Mondex Design http://www.mondexdesign.com/ Georges Méliès - A Trip to the Moon (Le Voyage dans la Lune) from the Public Domain: http://en.wikipedia.org/wiki/A_Trip_to_the_Moon MadBitcoins Rotating Coin Graphic by Nym3r1a, used by permission. MadBitcoins Logo created by MadBitcoins. Bitcoin Price Chart -- Winkdex http://winkdex.com Litecoin Price from BTC-E: https://btc-e.com/exchange/ltc_usd For Alt Coin Donations and More information: http://www.madbitcoins.com Follow @MadBitcoins on Twitter -- https://twitter.com/madbitcoins/ * * * * * * * * * * * * * * * * * * * * * * * * Subscribe to MadBitcoins Today! * * * * * * * * * * * * * * * * * * * * * * * *
Views: 622 MadBitcoins
Bitcoin: Digital Money | Connecting Point | Feb. 6, 2014
 
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Email was unheard of 100 years ago yet now everyone uses it. Will e-money fall into the same category? Do you even know what digital money is or how it's used? Here to explain bitcoin, a digital currency is Gavin Andresen, Chief Scientist of the Bitcoin Foundation, and Jesse Vanek, founder of the Western Mass BTC.
Views: 1477 wgby
Gavin Andresen-DevCore 2015 Draper University
 
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Gavin discusses Validation Sanity. Transactions 101: Metadata (version and locktime), Outputs, Inputs and signatures. How expensive is transaction validation? Step 1: receive: • Typical transaction size ~600 bytes… some optimizations possible (e.g. Schnorr signatures). Global average connection speed: 5Mbps … over 1,000 transactions per second. Step 2: look up inputs: • Must be unspent. Bottleneck is memory lookup. Signature Validation. Signature hashing. Block 364,422. 1.2 GB : wtf? O(n^2) is OK if n is small…What about UTXO growth?
The future of Bitcoin is in Peercoin
 
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-Gavin Andresen, Chief Scientist at the Bitcoin Foundation, predicts the fall of Bitcoin as we have known it. EconTalk Episode, April 2011 Talk: http://www.econtalk.org/archives/2011/04/andresen_o Transcript: "No, It is completely distributed at the moment. And, I mean, that will begin to change as we scale up I don't want, I don't want to over-sell Bitcoin. As we scale-up, there will be, huh, there will be bumps along the way. I'm completely confident of it. Huh, well, for example, as the volume of transaction come up.. You know, right now, I can run Bitcoin on my home personal computer and communicate over my [...] online. And I get every single Bitcoin transaction that's happening everywhere in the world. As we scale up, that won't be possible anymore, you know. If there are, you know, millions of Bitcoin transaction happening every second, there'll be a great problem for Bitcoin to [...]. It means it's very popular, it's very [..] trusted but obviously I won't be able to run it on my own personal computer. Huh, you know, it will take kind of dedicated, you know fleets of computers with a high speed network interfaces and you know that kind of big iron, huh .. huh to actually do all the transaction processsing. I'm confident that will happen and that will evolve but you know all the people right now who are trying to generate bitcoin on their own computers who like the fact that they can via, via self-contained unit, I think, they may .. they may not be so happy if Bitcoin gets really big and they can no longer do that - they'll have to start to trust somebody who is running one of these huh bigger data servers.” -Gavin Andresen
Views: 817 crypto coiner
Spectcular Weekend in Bitcoin and Sports -- Gavin Andresen Steps Down, Welcome Wladimir
 
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Support MadBitcoins: 1PtAdf3LbwrPfX87dQ8TMuKEzuMUZtg1z1 April 8, 2014 -- Pittsburgh, Pennsylvania -- MadBitcoins: Head for the mountains. Madbitcoins Subscriber Index 3182. Here are Today's MadBits: Bitcoin Prices are steady in the $450s with Coindesk BPI reporting a Last of $450, a High of $456 and a Low of $444. Litecoin is at $11.32 a coin. This episode of MadBitcoins is sponsored by Viewers Like You! Special thanks to Donors 0.101, 0.0008, 0.00078616, 0.001 and 0.000157. MadBitcoins thanks you for your generous support. 1.) Swedish Kickboxer Wins Bitcoin Fight Prize, Max Keiser KO's 'Bankster' http://www.coindesk.com/swedish-kickboxer-wins-bitcoin-fight-prize-max-keiser-kos-bankster/ 2.) Mad Bitcoins goes to the Sacramento Kings Game https://twitter.com/SacramentoKings/status/452980950235090944 https://www.youtube.com/watch?v=qCGI8p9Xxxs 3.) Gavin Andresen Steps Down as Bitcoin's Lead Developer http://www.coindesk.com/gavin-andresen-steps-bitcoins-lead-developer/ -------------------------------------------- all the things you ever wanted to know about MadBitcoins: Music - Pamgaea by Kevin MacLeod http://www.youtube.com/watch?v=yJEPTk7FLmk Royalty Free Music Licence: http://incompetech.com/music/royalty-free/licenses/ Video Background used by permssion from Mondex Design http://www.mondexdesign.com/ Georges Méliès - A Trip to the Moon (Le Voyage dans la Lune) from the Public Domain: http://en.wikipedia.org/wiki/A_Trip_to_the_Moon MadBitcoins Rotating Coin Graphic by Nym3r1a, used by permission. MadBitcoins Logo created by MadBitcoins. Bitcoin Price Chart -- Coindesk Bitcoin Price Index (BPI) http://www.coindesk.com/price/ Litecoin Price from BTC-E: https://btc-e.com/exchange/ltc_usd For Alt Coin Donations and More information: http://www.madbitcoins.com Follow @MadBitcoins on Twitter -- https://twitter.com/madbitcoins/ * * * * * * * * * * * * * * * * * * * * * * * * Subscribe to MadBitcoins Today! * * * * * * * * * * * * * * * * * * * * * * * *
Views: 1033 MadBitcoins
Making Money- Gavin Andresen @ Ignite Amherst
 
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Gavin Andresen is Principal of the BitCoin Virtual Currency project , he Ignited on "Making Money." Recorded by Amherst Media on February 8th 2011 at The Eric Carle Museum in Amherst, MAAmherst Media - Facebook - TwitterIgnite Amherst - Facebook - Twitter Edited by James O'Connor Filmed by Jenna Bitar, Evan Brenner, Brendan Chapin, Mark Foreman, ; Candace Johnson,
Views: 7358 Amherst Media
The Future of Bitcoin - Dent
 
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The Future of Bitcoin: Challenges and uncertainties with Gavin Andresen & Neha Narula @ Dent Please take a second and subscribe to my channel! :) You won't be bored. Also, have a story for me to cover? Email me your idea [email protected]
Views: 1832 Chris Morrow
The Bitcoin Group #127 Gavin vs. The Core, No Privacy, Bitcoin $2000, Litecoin Seg Wit - The Best Do
 
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Donate: 18EQEiQBK1X2DyDL5Y18j78iw4NuNHoLej Featuring… Tone Vays ( and Thomas Hunt ( . gavin free gavin free is a vault rooster teeth animated adventures best of gavin free gavin free moments the intelligence of gavin free intelligence of gavin free . gavin free gavin free is a vault rooster teeth animated adventures best of gavin free gavin free moments the intelligence of gavin free intelligence of gavin free . Bitcoin Foundation Chief Scientist, Gavin Andresen, gives an update on the Bitcoin protocol at the Bitcoin 2017 Conference in San Jose, California, 18, .
Views: 23 Muhammad Ondricka
BITCOIN 2014: Developers Q&A - Gavin Andresen, Peter Todd, and more...
 
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Tips: 115zoaH8Sg9fqMxo6G8VPuxweSFF7C1MNJ RECORDED MAY 17, 2014 at BITCOIN 2014 in AMSTERDAM. Meet the experts, ask and answer your technical questions and have a chance to brainstorm with some of the technical 'brains behind Bitcoin'. For full show notes and more, visit www.coinsiderthis.com! Subscribe to the show in iTunes: https://itunes.apple.com/us/podcast/coinsider-this!-bitcoin-podcast/id683905342 Email questions, comments, and complaints to [email protected] Send some Bitcoin if you enjoy the show: 115zoaH8Sg9fqMxo6G8VPuxweSFF7C1MNJ
Views: 723 Coinsider This!
Gavin Andresen: Core Bitcoin Priorities
 
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Bitcoin client developer Gavin Andresen speaks about core bitcoin priorities at the 2011 Bitcoin Conference in New York City August 20th 2011
Views: 775 BookofNick
Bitcoin Panel @ Keenevention 2015 with Gavin Andresen
 
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Dr. Darren Tapp of NeoCash Radio and Dr. Tapp’s Mathematical Playgrounds headed up the Keenevention 2015 Bitcoin Panel! The 90-minute in-depth panel discussion covered various aspects of the bitcoin universe, from technical to the streets. Panelists included bitcoin core developer Gavin Andresen, owner of Ledgeview Commercial Partners Matthew Ping, Victimless Crime Spree‘s Derrick J Freeman, Open Bazaar‘s Chris Pacia, and Jeremy Kauffman of LBRY. http://keenevention.info/2015/11/20/video-of-the-bitcoin-panel-keenevention-2015/
Views: 3586 FreeKeene
Bitcoin | LIVE from the NYPL
 
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Bitcoin is one of the most talked about but least understood technological innovations of recent years, continuing to draw new backers on Wall Street and Silicon Valley. New York Times reporter Nathaniel Popper's book, Digital Gold, illuminates this confounding technology through the first ever narrative recounting of Bitcoin's dramatic rise to prominence, which benefited from access to all the major players. He will be joined on stage by the programmer who has been leading the Bitcoin project since 2010, Gavin Andresen, and one of the biggest venture capitalists to back the technology, Fred Wilson of Union Square Ventures. The conversation will be instigated by New York Times columnist and CNBC anchor Andrew Ross Sorkin. GAVIN ANDRESEN is the Chief Scientist at the Bitcoin Foundation and is one of the longest serving and most widely respected developers of the Bitcoin protocol. Prior to this, he wrote 3D graphics software in Silicon Valley. NATHANIEL POPPER is a reporter at The New York Times, where he has covered the intersections between Wall Street and Silicon Valley. Before joining the Times, he worked at the Los Angeles Times and the Forward. Popper grew up in Pittsburgh and graduated from Harvard College. He lives in Brooklyn with his family. ANDREW ROSS SORKIN is a financial columnist for The New York Times , a co-anchor of CNBC's "Squawk Box," and the editor-at-large of DealBook, a news site he founded that is published by The Times. Sorkin is the author of the best-selling book,Too Big to Fail: The Inside Story of How Wall Street and Washington Fought to Save the Financial System—and Themselves. Sorkin co-produced an HBO adaptation of the book, which was nominated for 11 Emmy Awards. He has won numerous journalistic honors including two Gerald Loeb award and is a member of the Council on Foreign Relations. Sorkin began writing for The New York Times in 1995 under unusual circumstances: he hadn't yet graduated from high school. FRED WILSON has been a venture capitalist since 1987. He currently is a managing partner at Union Square Ventures and also founded Flatiron Partners. Fred has a Bachelors degree in Mechanical Engineering from MIT and an MBA from The Wharton School of Business at the University of Pennsylvania. Fred is married with three kids and lives in New York City.
Views: 3257 Martin Mørch
Bitcoin or Something Else
 
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Reference : https://en.wikipedia.org/wiki/Bitcoin Bitcoin is a cryptocurrency and worldwide payment system.[9]:3 It is the first decentralized digital currency, as the system works without a central bank or single administrator.[9]:1[10] The network is peer-to-peer and transactions take place between users directly, without an intermediary.[9]:4 These transactions are verified by network nodes through the use of cryptography and recorded in a public distributed ledger called a blockchain. Bitcoin was invented by an unknown person or group of people under the name Satoshi Nakamoto[11] and released as open-source software in 2009.[12] Bitcoins are created as a reward for a process known as mining. They can be exchanged for other currencies,[13] products, and services. As of February 2015, over 100,000 merchants and vendors accepted bitcoin as payment.[14] Research produced by the University of Cambridge estimates that in 2017, there are 2.9 to 5.8 million unique users using a cryptocurrency wallet, most of them using bitcoin.[15]On 18 August 2008, the domain name "bitcoin.org" was registered.[28] In November that year, a link to a paper authored by Satoshi Nakamoto titled Bitcoin: A Peer-to-Peer Electronic Cash System[6] was posted to a cryptography mailing list.[28] Nakamoto implemented the bitcoin software as open source code and released it in January 2009 on SourceForge.[29][30][12] The identity of Nakamoto remains unknown.[11] In January 2009, the bitcoin network came into existence after Satoshi Nakamoto mined the first ever block on the chain, known as the genesis block.[31][32] Embedded in the coinbase of this block was the following text: The Times 03/Jan/2009 Chancellor on brink of second bailout for banks.[12] This note has been interpreted as both a timestamp of the genesis date and a derisive comment on the instability caused by fractional-reserve banking.[33][page needed] One of the first supporters, adopters, and contributors to bitcoin was the receiver of the first bitcoin transaction, programmer Hal Finney. Finney downloaded the bitcoin software the day it was released, and received 10 bitcoins from Nakamoto in the world's first bitcoin transaction.[34][35] Other early supporters were Wei Dai, creator of bitcoin predecessor b-money, and Nick Szabo, creator of bitcoin predecessor bit gold.[36] In the early days, Nakamoto is estimated to have mined 1 million bitcoins.[37] In 2010, Nakamoto handed the network alert key and control of the Bitcoin Core code repository over to Gavin Andresen, who later became lead developer at the Bitcoin Foundation.[38][39] Nakamoto subsequently disappeared from any involvement in bitcoin.[40] Andresen stated he then sought to decentralize control, saying: "As soon as Satoshi stepped back and threw the project onto my shoulders, one of the first things I did was try to decentralize that. So, if I get hit by a bus, it would be clear that the project would go on."[40] This left opportunity for controversy to develop over the future development path of bitcoin.[41] The value of the first bitcoin transactions were negotiated by individuals on the bitcointalk forums with one notable transaction of 10,000 BTC used to indirectly purchase two pizzas delivered by Papa John's.[31] On 6 August 2010, a major vulnerability in the bitcoin protocol was spotted. Transactions were not properly verified before they were included in the blockchain, which let users bypass bitcoin's economic restrictions and create an indefinite number of bitcoins.[42][43] On 15 August, the vulnerability was exploited; over 184 billion bitcoins were generated in a single transaction, and sent to two addresses on the network. Within hours, the transaction was spotted and erased from the transaction log after the bug was fixed and the network forked to an updated version of the bitcoin protocol.[44][42][43] On 1 August 2017, a hard fork of bitcoin was created, known as Bitcoin Cash. Bitcoin Cash has a larger block size limit and had an identical blockchain at the time of fork.[45][46] On 12 November another hard fork, Bitcoin Gold, was created. Bitcoin Gold changes the proof-of-work algorithm used in mining.[47][48]
Views: 490 All About Islam