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In this first in a three-part series on the topic of blockchain, Steve Akers, a four-time entrepreneur and Boston University Alumnus, explains blockchain technology. Focusing on open public blockchains like Bitcoin and Ethereum as examples, Mr. Akers explains the history and origins of blockchain technology and compares and contrasts these open public ledger systems with private blockchains.
In lecture number one, Bitcoin is the primary part of the discussion so that the viewer can get a grounding in what a cryptocurrency is, what a transaction between parties entails, and how it fits into “blocks” (and thus the blockchain). Throughout the series, Bitcoin and Ethereum are stressed so that the viewer can understand the inner workings of these types of blockchains. Lecture one is a general treatment of public blockchains where the following two lectures explore more detailed aspects of their operation.
In lecture two, Akers goes into a bit more detail on Bitcoin addresses and how they relate to elliptical curve cryptography, cryptographic wallets, and how transactions work (in detail) with Bitcoin. Ethereum is introduced in lecture two.
In lecture three, Ethereum and its workings and the concept of “smart contracts” is explored. Then the future of blockchain technology and initiatives in the scaling and security areas of blockchain are presented.
The series is intended to be an overview and a survey of the technology to give the viewer a good understanding of how blockchain operates. The viewer is encouraged to use the lectures as a starting point to help them identify research areas of interest in the blockchain and cryptocurrency domain.
List Of Private Blockchains, Boston University Metropolitan College Distinguished Lectures Series on Blockchain. Lecture One..
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