Lecture On Bitcoin, Blockchain and SocietyThursday, June 1, 2017, 7pm - 10pmThe White Swan
276, Bradford St, Digbeth, West Midlands, B12 0QY, Birmingham(
Behind The Irish Centre and Digbeth Coach Station )
Price: GBP3.00 /per person Joe Public (InspiringCompanyUK) will be giving a lecture on Bitcoin, blockchain technology and the theory, philosophy, engineering, usage and its impact on future society.
Please take note that this will be an intensive 3 hours so punctuality is of utmost importance.https://youtu.be/Ja1XMBFz6ug?list=PLE12811A7D52D80C6 The fee is a very reasonable £3 or you can send 3KNC to
KPYnmWQG7qoaYAKATcWtTHvBxtv9mLEiaf posting your wallet address here as confirmation.
This will be the subject list.
AGENDA
Bitcoin: A Peer-to-Peer Electronic Cash System.
Background to Satoshi Nakamoto’s White Paper.
Bitcoin – The Protocol.
Why the Protocol is important and how anyone or anything can use it.
Bitcoin – The Currency
Bitcoin currency basics.
Crypto-currency Market Capitalisation.
Key crypto-currencies, e.g.. Bitcoin, Litecoin, Ethereum, Monero,etc.
Market capital and properties e.g. privacy, social reward, etc.
Alt-currencies & Coins.
Clones and forks of Bitcoin, the basics of coloured coins and digital assets.
Decentralisation.
Why centralisation is proving a problem for security & privacy and how de-centralisation helps.
Dis-intermediation.
How crypto-currencies remove intermediaries and allow you to “be your own Bank”.
Peer-to-Peer.
The basics of decentralised P2P networks and why taking care of your own coin security is important.
Secure Hashing.
The very basics of secure hashing algorithms e.g. SHA256 and how they are used to encrypt bitcoin transactions.
Asymmetric Keys.
How public and private keys are generated using Elliptic Curve Digital Signature Algorithms and the importance of randomness and high entropy.
Digital Signatures.
How signing transactions ensures message integrity and ensures transactions are not tampered with.
Bitcoin Address Generation.
How addresses are related to keys and how they can be generated offline.
Transactions.
How transactions are constructed and broadcast to the network.
Wallets.
What are paper wallets, web & device (e.g. PC) based wallets and hardware wallets ? How do they differ and which is the most secure?
Blocks.
How bitcoin transactions are assembled into blocks to be validated by miners using proof-of-work.
Bitcoin Blockchain.
How the bitcoin blockchain is constructed and what it takes to successfully mine a block.
Proof of Work & Mining.
How Bitcoin transactions are validated and new blocks added to the blockchain.
Bitcoin Network Security.
The importance of mass adoption and diversity
Network Overview.
How the eco-system works together.
Satoshi Nakamoto’s Motives.
A clue to the motivation of the creator of Bitcoin.
The Political, Economic and Social Implications of Bitcoin.
Summary.
Key security & safety points.
Beyond Bitcoin / What’s Next?
Level – Novice, beginner.
Pre-requisite Knowledge – None.