In this ongoing weekly series with sCrypt founder Xiaohui Liu, Dr. Craig Wright talk more about miner (transaction processor) incentives and how Bitcoin's economic rules help to keep the system honest.
The series covering Bitcoin methodologies and use cases features Dr. Craig S. Wright and sCrypt's Xiaohui Liu, and covers some basics as well as more advanced concepts.
This week's hot topic is the main theme for this week's episode of "Bitcoin Class with Satoshi," the video series of tutorials featuring sCrypt's Xiaohui Liu and Bitcoin creator Dr. Craig S. Wright.
SPV takes the spotlight again on this week's edition of "Bitcoin Class with Satoshi," a series of technical discussions between sCrypt's Xiaohui Liu and Bitcoin creator Dr. Craig S. Wright.
If you watch enough episodes of "Bitcoin Class with Satoshi" with Dr. Craig Wright and sCrypt's Xiaohui Liu, it's possible to forget Bitcoin was ever supposed to be just a new kind of money—even though it still does that job extremely well.
This week's episode of Bitcoin Class with Satoshi also involves a Bitcoin concept that has been around since the white paper, but its capabilities are rarely understood.
The episode's title is "DFAs and Financial Contracts." DFA are "deterministic finite automata," and Dr. Craig Wright says "I've put out some papers on this in the past... also got some patents on it.”
Knowing what information to process on-chain and what to process off-chain is a key theme of the Bitcoin Class series, featuring sCrypt founder Xiaohui Liu and Dr. Craig Wright.
Episode 2 of Bitcoin Class with Satoshi touches on Semantic Web applications, provably fair gaming, verifiable proofs and zero-knowledge proofs.
Xiaohui Liu's "Bitcoin Class" series of video tutorials with Bitcoin creator Dr. Craig Wright offers a fresh way of looking at things, some inspiration on the real power of Bitcoin Script and its capabilities.