Episode 9: The Business of the Bodacious Bitcoin
Today's Episode is about Bitcoin and other associated cryptocurrencies.
Due to my complete lack of knowledge on the subject, this was a VERY interesting conversation from my end. Our guest, Devin Abigt, was gracious in answering my questions derived from ignorance. The future possibilities around cryptocurrency are quite expansive and I am excited to see where it goes.
Pretentious Word of the Day:
Propagation - https://www.merriam-webster.com/dictionary/propagation
Resources Provided by Mr. Abigt:
Intro to cryptocurrency - https://cointelegraph.com/bitcoin-for-beginners?fbclid=IwAR3KWIkc0lNiIJa6TIbvds94oIDU3zotthXhGu-VRCySKO_oIl7wIOEWSJk
Mr. Abigt - "I recommend getting a Bitcoin/Ethereum wallet for everyone to potentially receive.Trust wallet and Bread wallet are great options that have decentralized exchange built in"
Mr. Abigt's presentation over Ethereum use and Blockchain
https://drive.google.com/file/d/1DsyZVFQo8INMcMa33KR7JR12tGd8ZhcZ/view?usp=sharing
- Pertinent Quote - -“A blockchain can be thought of as a database
that is distributed , or duplicated, across many
computers. The innovation represented by
the word blockchain is the specific ability of this
network database to reconcile the order of
transactions , even when a few nodes on
the network receive transactions in various order.”
Additional Information not covered in our discussion:
"Asymmetric cryptography public key
cryptography ): this gives the ability to have
everyone verify the sender’s identity , but only the
intended recipient can read the message. This is kinda like the seal on the letter in game of thrones. Everyone knows the seal is house stark, and everyone knows if its been broken."
Educational Course options for those with more interest.
www.ed2go.com
knowledge-gap.org
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