Blockchain Part 2

Last time we started talking in earnest about blockchain: the technology that makes cryptocurrency possible. We avoided getting too deep into the weeds, as it’s easy to get swamped by technical jargon if you’re not careful.

This time, we’re wading out a little deeper and talking more about how blockchain works. We’ll explore some of the processes that take place when we use a blockchain and explore how they’re able to function. 

Naturally, things get a bit more technical from here, but never fear - we’ll explain everything as we go along. We’ll look at hash functions, Merkle trees, nodes, miners and much more besides. And, if that all sounds a bit too technical we’ll also be exploring how one man ended up spending 10,000 bitcoins on pizza.

Some further reading if you fancy it:

The Truth Machine: The Blockchain and the Future of Everything (2018), by Michael J. Casey and Paul Vigna

The Basics of Bitcoins and Blockchains (2018), by Anthony Lewis

Bubble or Revolution? (2021), by Neel Mehta, Adi Agashe and Parth Detroja

Blockchain Revolution (2016), by Don and Alex Tapscott

We hope you enjoy the show.

Producer for iHeart Media: Noel Brown

Editor: Sam Moult

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