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AskDeveloper Podcast

EP45 - A little bit about Bitcoin

30 Apr 2016

Description

• What's wrong with the world as it is today? ○ Gatekeepers and Walled Gardens ○ The Master Switch by Tim Wu ▪ Tim Wu is the one who coined the Net Neutrality term. ▪ This book tells the story of how every communication medium starts a revolution that upsets the order, then eventually it gets controlled. The same thing could happen to the Internet. • Bitcoin ○ Is this about money, or about technology ○ Is this about the technology or bitcoin, or the technology of distributed money. ○ How Bitcoin works. Video. ○ Bitcoin mining in plain English. • Blockchain ○ permissionless distributed database based on the bitcoin protocol that maintains a continuously growing list of data records hardened against tampering and revision, even by its operators. The initial and most widely known application of block chain technology is the public ledger of transactions for bitcoin, which has been the inspiration for similar implementations often known as altchains ○ Trustless transactions ○ Simple explanation of how Blockchain works. • Distributed hash tables ○ class of a decentralized distributed system that provides a lookup service similar to a hash table • Git ○ Git GPG Signature • BitTorrent • IPFS: Inter-Planetary File System ○ Intro to IPFS ○ IPFS: Why We Must Distribute the Web (Video) ○ How to Use IPFS to fix NPM ○ HTTP is obsolete. It's time for the distributed permanent web ▪ This page is actually served via IPFS It covers important points: how IPFS does mutable data, how it does human-readable URLs.

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