Bitcoin Whitepaper - Programmer explains

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  • Опубликовано: 19 май 2018
  • Watch live: ivanontech.com/live
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Комментарии • 161

  • @SDSL33
    @SDSL33 6 лет назад +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!

  • @jcletics3621
    @jcletics3621 6 лет назад +77

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

    • @benjaminboothe2339
      @benjaminboothe2339 3 года назад +1

      Creates the desired ambiguity that author wants concerning their identity

    • @jounalansman1769
      @jounalansman1769 3 года назад +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 3 года назад +6

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

    • @dasMobius
      @dasMobius 2 года назад +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 Год назад

      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.

  • @christiankuhl2790
    @christiankuhl2790 6 лет назад +17

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

  • @GiBaz972
    @GiBaz972 6 лет назад +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 6 лет назад +5

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

  • @utube3805
    @utube3805 6 лет назад

    Sending luv thanks Ivan love your shows man !

  • @Sicaoisdead
    @Sicaoisdead 4 года назад +3

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

  • @investradelearn
    @investradelearn 6 лет назад

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

  • @hakanhakan2585
    @hakanhakan2585 6 лет назад +3

    Even better than usually :), thanks!

  • @ariesletigre8762
    @ariesletigre8762 6 лет назад +65

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

    • @thecamelstory6693
      @thecamelstory6693 6 лет назад

      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 5 лет назад

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

    • @MauricioMartinez0707
      @MauricioMartinez0707 2 года назад

      I need someone to have another reaction to this one

    • @sacundai5371
      @sacundai5371 2 года назад

      Maybe not a reaction, more a consequence.. 🤔

    • @Finanzen367
      @Finanzen367 25 дней назад

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

  • @geoffreyibe5622
    @geoffreyibe5622 2 года назад +2

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

  • @dabronx340
    @dabronx340 6 лет назад +2

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

  • @justinberken
    @justinberken 6 лет назад +1

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

  • @JohnyWalken
    @JohnyWalken 6 лет назад +2

    Very good initiative to discuss THE whitepaper.

  • @lhowell7883
    @lhowell7883 6 лет назад +16

    In your videos, I see your passion for the tech that I don't see in alot of other RUclipsrs. I can only imagine the amount of time and research that goes into the things you talk about. Some RUclipsr'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 RUclipsr, your review would update as well.....but for some reason, that doesn't happen. It never happens with any RUclipsr. 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.

  • @vj9
    @vj9 2 года назад +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

  • @enkh-uliraldechin7071
    @enkh-uliraldechin7071 6 лет назад +1

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

  • @shivam.shakya
    @shivam.shakya 2 года назад

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

  • @aidenmisao822
    @aidenmisao822 Год назад

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

  • @satoshiserben5417
    @satoshiserben5417 2 года назад +1

    Learning bitcoin from the scratch! Thank you Ivan!

  • @henricormier8128
    @henricormier8128 6 лет назад +5

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

  • @ziomanzo
    @ziomanzo 6 лет назад +19

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

  • @jdizzlebrownie
    @jdizzlebrownie 3 года назад

    You've earned my subscription sir! Much appreciated.

  • @cryptooten3588
    @cryptooten3588 6 лет назад

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

  • @tuck582
    @tuck582 6 лет назад

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

  • @auralsax
    @auralsax 6 лет назад

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

  • @909sickle
    @909sickle 6 лет назад +1

    Can't wait for Friday.

  • @rittoosingh9087
    @rittoosingh9087 6 лет назад

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

  • @Prof.Mayur.
    @Prof.Mayur. 3 года назад

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

  • @Tejco
    @Tejco 6 лет назад

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

  • @coldflowz
    @coldflowz 6 лет назад

    Holy shit, Ivan. You rock!

  • @leonardo_magallanes
    @leonardo_magallanes 2 года назад

    Thank you so much for explaining in such detail.

  • @Filipe8019
    @Filipe8019 6 лет назад

    Pure gold - thanks Ivan

  • @user-ki3he9px2x
    @user-ki3he9px2x 4 года назад

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

  • @emilsandbech
    @emilsandbech 3 года назад

    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 :)

  • @shahzadtajik5311
    @shahzadtajik5311 4 года назад

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

  • @andriusjaksevicius3286
    @andriusjaksevicius3286 6 лет назад

    Great video and explanation, thanks Ivan

  • @malardjm
    @malardjm 2 года назад

    Thank you!

  • @yahyaelyamine5617
    @yahyaelyamine5617 Год назад

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

  • @mr_phamtastic
    @mr_phamtastic 2 года назад

    Love this deep dive of the white paper!

  • @andyjohnson9402
    @andyjohnson9402 Год назад

    Thank you. Thank you. Thank you.

  • @chandanny4826
    @chandanny4826 21 день назад

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

  • @vvin4u
    @vvin4u 6 лет назад

    Thanks for your work ivan

  • @superindia8234
    @superindia8234 2 года назад

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

  • @Brian-ej9ew
    @Brian-ej9ew 6 лет назад

    SmashedVery interesting and well explained. Well done Ivan.

  • @john1313js
    @john1313js 2 года назад +1

    Awesome work

  • @Scripterrific
    @Scripterrific 4 года назад +1

    Can we get a deep dive into chapter 11 please?

  • @pratik8517
    @pratik8517 2 года назад

    thank you

  • @carljustinemosquida9614
    @carljustinemosquida9614 5 лет назад

    Thank you very much for this

  • @OldermanOlder
    @OldermanOlder 6 лет назад

    what happens with stale/orphan blocks ?

  • @DPortal17
    @DPortal17 6 лет назад

    Great video, like always.

  • @luigibigtime8774
    @luigibigtime8774 6 лет назад

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

  • @kiennguyentrung1766
    @kiennguyentrung1766 6 лет назад

    Tks Ivan

  • @jonahjosemaria6159
    @jonahjosemaria6159 2 года назад

    Where is the link to the white paper??

  • @mpho1
    @mpho1 6 лет назад

    Thanks Ivan

  • @CJFilms1001
    @CJFilms1001 6 лет назад +4

    "Satoshi Nakamoto" Is a group of elite hackers

  • @robganon
    @robganon 5 лет назад

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

  • @AlessandroMuraroIT
    @AlessandroMuraroIT 3 года назад

    great video, thx

  • @mruback3
    @mruback3 6 лет назад +2

    very interesting -- smashing the likes.

  • @AdamMichael-jy6by
    @AdamMichael-jy6by 5 месяцев назад

    Wow. What a great explanation.

  • @thomasmcgregor3302
    @thomasmcgregor3302 6 лет назад

    What about scaling, was the idea on-chain?

  • @kokyingzhao1584
    @kokyingzhao1584 6 лет назад +1

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

  • @couvmark
    @couvmark 6 лет назад

    Great explanation. Thanks! SMASHED!

  • @YTOneLord
    @YTOneLord 6 лет назад

    ivan i salute your passion and peseverance

  • @jackupton1157
    @jackupton1157 3 года назад

    Thanks

  • @TheoTzu
    @TheoTzu 3 года назад

    Thx

  • @Out_of_Czech
    @Out_of_Czech 6 лет назад +16

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

  • @InTenMinutes1
    @InTenMinutes1 6 лет назад

    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  6 лет назад

      Yes it would be rolled back

    • @InTenMinutes1
      @InTenMinutes1 6 лет назад

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

  • @zaydenbasevski1418
    @zaydenbasevski1418 2 года назад

    beautiful, thank you very much

  • @askartop2628
    @askartop2628 4 года назад

    thanks man! you are the best!

  • @mistersmith8962
    @mistersmith8962 6 лет назад

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

  • @syberizman
    @syberizman 8 месяцев назад

    Ivan 6 years ago :D

  • @Jermunkle
    @Jermunkle 2 года назад

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

  • @user-jamessmith
    @user-jamessmith 9 месяцев назад +1

    Completed the video on 10/25/2023

  • @rbructer
    @rbructer 6 лет назад

    I have smashed the likes.

  • @Skyscraper21
    @Skyscraper21 Год назад

    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".

  • @timothywang9709
    @timothywang9709 2 года назад

    Amazing

  • @vasichar
    @vasichar 3 года назад

    precious

  • @lifeinperth3066
    @lifeinperth3066 Год назад

    He is a rooting tooting champion man!

  • @abubokerfarog1840
    @abubokerfarog1840 3 месяца назад

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

  • @ChristineGodail
    @ChristineGodail 6 лет назад

    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!

  • @yoda2649
    @yoda2649 2 года назад

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

  • @sasidharan97
    @sasidharan97 3 года назад

    nice recommendation youtube! thanks :)

  • @actamayo2
    @actamayo2 6 лет назад

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

  • @scottbuszard
    @scottbuszard 6 лет назад +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...

  • @bracemueller7552
    @bracemueller7552 3 года назад

    haha youtube recommend me this right now! slow ivan :-D

  • @cbldv1330
    @cbldv1330 6 лет назад

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

  • @iangreen180
    @iangreen180 6 лет назад

    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!

  • @revepe79
    @revepe79 Год назад

    Good

  • @mistersmith8962
    @mistersmith8962 6 лет назад

    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!

  • @migengro
    @migengro 6 лет назад +12

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

  • @bonganic5125
    @bonganic5125 2 года назад

    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.

  • @tintinsnowy4132
    @tintinsnowy4132 2 года назад

    Keren papua hadir

  • @jorges4524
    @jorges4524 6 лет назад

    Cicada 3301 is satoshi

  • @MtCarmel-zy7yb
    @MtCarmel-zy7yb 6 лет назад

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

  • @pro-cr2eo
    @pro-cr2eo 2 года назад

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

  • @LetsSpreadPositivity_
    @LetsSpreadPositivity_ 5 лет назад

    When you say that Google knows who wrote the whitepaper then you assuming that satsohi was using google ? What if he was not using google or using google in incognito mode ?

    • @IvanOnTech
      @IvanOnTech  5 лет назад

      You dont have to use Google for them to track you

    • @IvanOnTech
      @IvanOnTech  5 лет назад

      Most websites integrate with Google in One way or another

  • @christiankuhl2790
    @christiankuhl2790 6 лет назад

    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 :-)

  • @MauricioMartinez0707
    @MauricioMartinez0707 2 года назад +1

    he starts at 4:45

  • @YoungBuddhaEzuk
    @YoungBuddhaEzuk Год назад

    YEET! ⚛️⚛️⚛️🚀🌚💎