Bitcoin Whitepaper - Programmer explains

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  • Опубліковано 11 лют 2025
  • Watch live: ivanontech.com...

КОМЕНТАРІ • 164

  • @jcletics3621
    @jcletics3621 6 років тому +82

    It's pretty common for academic papers to say "we" even though it was written by just one author.

    • @benjaminboothe2339
      @benjaminboothe2339 4 роки тому +1

      Creates the desired ambiguity that author wants concerning their identity

    • @jounalansman1769
      @jounalansman1769 4 роки тому +3

      Well it could also be the person typing the paper wants to give credit to the people s/he has been developing the idea with. And by this I mean having conversations and other types of exchanges with. No thinker creates in a vacuum, but rather builds on ideas of others. Satoshi credits Adam Back in the paper for some of the ideas he is building on.

    • @laurabeatrizmontesdeocacam7916
      @laurabeatrizmontesdeocacam7916 3 роки тому +7

      Im a chemist and yes.. Definitely no scientific paper says I

    • @dasMobius
      @dasMobius 3 роки тому +3

      Yes, and in such papers I've always interpreted the "we" as the author together with the reader. And the tone of a properly written academic paper/text has the feel of the author hosting the reader graciously - along the lines of "let us, dear reader, reason together."

    • @Bit-while_going
      @Bit-while_going Рік тому

      Satoshi (the one who IS ) said "we" because he was writing the hackers constitution. I hope you've learned this by now. But he didn't want the hackers to control the network. Better luck next time, I guess.

  • @SDSL33
    @SDSL33 6 років тому +7

    This is amazing! I am in the space 1 year...a baby, and I was scared to get to the white paper...but you made it so easy to get it. Huge thanks!

  • @TheoTzu
    @TheoTzu 4 роки тому

    Thx

  • @ariesletigre8762
    @ariesletigre8762 6 років тому +65

    bitcoin was a reaction to the 2008 financial crisis god bless satoshi

    • @thecamelstory6693
      @thecamelstory6693 6 років тому

      either amd nvidia toyota samsung or mitsubishi invented it !
      it was a inside job one of them connected their possibilities to the global audience ! 0o0

    • @PaulSharpequalrights
      @PaulSharpequalrights 5 років тому

      Let's keep integrate it to prop up Fiat currency, so the governments don't feel cornered.

    • @MauricioMartinez0707
      @MauricioMartinez0707 2 роки тому

      I need someone to have another reaction to this one

    • @sacundai5371
      @sacundai5371 2 роки тому

      Maybe not a reaction, more a consequence.. 🤔

    • @Finanzen367
      @Finanzen367 7 місяців тому

      @@thecamelstory6693actually it’s more likely it was a underground group . Like cyberpunks which invented it and wanted it to become big .

  • @christiankuhl2790
    @christiankuhl2790 6 років тому +17

    Wow! This is teaching and knowledge sharing at a whole new level. This is great Ivan.

  • @GiBaz972
    @GiBaz972 6 років тому +15

    Thanks Ivan for being an educator for so many of us. This is my first comment ever on the channel as I am watching Good Morning crypto on my way to work every morning, but with the time zone difference, never could attend the live Morning Show. This one breaking down the white paper is absolutely well constructed and clear to understand the crypto and blockchain space. It is definitively one of the firsts points of reference to start learning the upcoming coding class that I am excited to join to keep developing my vision on blockchain technology.
    Thanks for being such a great educator!

  • @Sicaoisdead
    @Sicaoisdead 4 роки тому +4

    I’m 3 weeks in to my applied blockchain module yet I’ve learnt more in this video than I have at university...

  • @redalertwagers
    @redalertwagers 6 років тому +4

    That was pretty cool of ivan to take the time to explain the most important documents in cryptocurrency

  • @vj9
    @vj9 3 роки тому +2

    At 21:19 you say the link to demonstration page is in the description, cant find it. Loved the video though. Please share the link of the demon page

  • @PrincessHiliary
    @PrincessHiliary 4 місяці тому

    Your storytelling makes learning about crypto so enjoyable.

  • @geoffreyibe5622
    @geoffreyibe5622 3 роки тому +2

    Thank you Ivan.
    I joined the blockchain ecosystem few days ago. I look forward to learning more!

  • @user-jamessmith
    @user-jamessmith Рік тому +1

    Completed the video on 10/25/2023

  • @hakanhakan2585
    @hakanhakan2585 6 років тому +3

    Even better than usually :), thanks!

  • @lhowell7883
    @lhowell7883 6 років тому +15

    In your videos, I see your passion for the tech that I don't see in alot of other UA-camrs. I can only imagine the amount of time and research that goes into the things you talk about. Some UA-camr's dig into a project at the beginning stages and make speculation early on without a follow up later. I feel, if they have taken the time out early on to talk about a project, they should be thorough enough with their community to follow that project through updates, milestones and changes that have been made that you talked against previously....especially if good changes were made....right or wrong! But, that takes a big man... giving credit where credit(s) is due! You're a smart guy.... you know where I'm going with this...lol! There might have been some truth to your previous statement in the beginning, but what about now? As a scholar and a guy that big on tech, you would think that, as more info was released and changes were made within project, you as a UA-camr, your review would update as well.....but for some reason, that doesn't happen. It never happens with any UA-camr. Don't get me wrong... If a project is crap, its crap! But if a project has the potential to become something that could help the space as a whole grow by setting a higher bar, or doing something no project has yet to accomplish, why not right your wrongs and bring another discussion to the table. Again, you might have had a compelling argument then, but what about now!
    Love the videos.... Keep doing what your doing.... BUT try to take what I'm saying in consideration.

  • @MauricioMartinez0707
    @MauricioMartinez0707 2 роки тому +3

    he starts at 4:45

  • @satoshiserben5417
    @satoshiserben5417 3 роки тому +1

    Learning bitcoin from the scratch! Thank you Ivan!

  • @JohnyWalken
    @JohnyWalken 6 років тому +2

    Very good initiative to discuss THE whitepaper.

  • @chandanny4826
    @chandanny4826 7 місяців тому

    Greatest explanation about hash and mining. Thx Ivan 🎉🎉🎉🎉

  • @john1313js
    @john1313js 3 роки тому +1

    Awesome work

  • @justinberken
    @justinberken 6 років тому +1

    Great video, I'll have to watch a few times to fully absorb :)

  • @dabronx340
    @dabronx340 6 років тому +2

    Great job Ivan. Very clear and to the point. Thank you

  • @909sickle
    @909sickle 6 років тому +1

    Can't wait for Friday.

  • @abubokerfarog1840
    @abubokerfarog1840 10 місяців тому

    In negotiation, using "we" instead of "I" signifies that the party is leading the team and has the initiative.

  • @andyjohnson9402
    @andyjohnson9402 Рік тому

    Thank you. Thank you. Thank you.

  • @enkh-uliraldechin7071
    @enkh-uliraldechin7071 6 років тому +1

    Thank you Ivan. I just learn so much from you while driving.

  • @utube3805
    @utube3805 6 років тому

    Sending luv thanks Ivan love your shows man !

  • @scottbuszard
    @scottbuszard 6 років тому +1

    There's a reason why kings and queens have their heads on the money, it's because money is power. This is why Bitcoin is so revolutionary... the first money with no face on it. Think about it...

  • @Scripterrific
    @Scripterrific 5 років тому +1

    Can we get a deep dive into chapter 11 please?

  • @yahyaelyamine5617
    @yahyaelyamine5617 Рік тому

    This live is completely underrated, this guy made it easy to understand even for a dummy like me. Liked and subscribed.

  • @kiennguyentrung1766
    @kiennguyentrung1766 6 років тому

    Tks Ivan

  • @mr_phamtastic
    @mr_phamtastic 3 роки тому

    Love this deep dive of the white paper!

  • @ziomanzo
    @ziomanzo 6 років тому +18

    smashed ++
    thanks for your commitment to teach us every important thing of the whole space. 👍

  • @РиммаДавыдова-м8л
    @РиммаДавыдова-м8л 4 роки тому

    Where can I read about the encoding scheme Satoshi used for Bitcoin?

  • @pemawangchuk2024
    @pemawangchuk2024 5 місяців тому

    Back in 2008 I was in college and today when I look back, I feel Satoshi Nakamoto was living 50 years ahead of us...

  • @shivam.shakya
    @shivam.shakya 3 роки тому

    This is the best bitcoin white paper explanation i've ever watched. Thanks Ivan!

  • @CJFilms1001
    @CJFilms1001 6 років тому +4

    "Satoshi Nakamoto" Is a group of elite hackers

  • @malardjm
    @malardjm 3 роки тому

    Thank you!

  • @aidenmisao822
    @aidenmisao822 2 роки тому

    Great video. Helped me neatly understand the blockchain system. Thanks so much Ivan, you're a rockstar!

  • @pratik8517
    @pratik8517 3 роки тому

    thank you

  • @Skyscraper21
    @Skyscraper21 Рік тому

    Funnily enough the WE brought me here. I wanted to know what others say about how interesting it is that Nakamoto write: "therefore WE propose".

  • @jonahjosemaria6159
    @jonahjosemaria6159 2 роки тому

    Where is the link to the white paper??

  • @OldermanOlder
    @OldermanOlder 6 років тому

    what happens with stale/orphan blocks ?

  • @shahzadtajik5311
    @shahzadtajik5311 4 роки тому

    Greatly Explain >>>>> Ivan work for this community is Endless ......Stay blessed Man

  • @emilsandbech
    @emilsandbech 3 роки тому

    You just made a really complicated piece of whitepaper very understandable! The best explanation of blockchain I have seen. Help me quite a lot. Thanks :)

  • @investradelearn
    @investradelearn 6 років тому

    Great show man, the like button was properly smashes as always, keep the good work!

  • @luigibigtime8774
    @luigibigtime8774 6 років тому

    Ivan??what was the value of the first block reward??how was monetary value assigned??did it take the first fiat trade??

  • @henricormier8128
    @henricormier8128 6 років тому +5

    Great video Ivan.. can't wait for the coding class to start.. ;)

  • @cryptooten3588
    @cryptooten3588 6 років тому

    I've ordered the course. No email since order.
    When does additionally information will sent to customers?

  • @Prof.Mayur.
    @Prof.Mayur. 3 роки тому

    Thank you bro.. This is One of the most useful video on UA-cam. ❤🙏

  • @Tejco
    @Tejco 6 років тому

    I must say you are currently my favourite youtuber, not just in crypto space :D

  • @jackupton1157
    @jackupton1157 3 роки тому

    Thanks

  • @mpho1
    @mpho1 6 років тому

    Thanks Ivan

  • @leonardo_magallanes
    @leonardo_magallanes 3 роки тому

    Thank you so much for explaining in such detail.

  • @YTOneLord
    @YTOneLord 6 років тому

    ivan i salute your passion and peseverance

  • @thomasmcgregor3302
    @thomasmcgregor3302 6 років тому

    What about scaling, was the idea on-chain?

  • @Filipe8019
    @Filipe8019 6 років тому

    Pure gold - thanks Ivan

  • @robganon
    @robganon 5 років тому

    Can someone expand on the last paragraph of Section 7? Thank you!

  • @jdizzlebrownie
    @jdizzlebrownie 4 роки тому

    You've earned my subscription sir! Much appreciated.

  • @auralsax
    @auralsax 6 років тому

    Excellent content as always! Hope to see you in Singapore again.

  • @coldflowz
    @coldflowz 6 років тому

    Holy shit, Ivan. You rock!

  • @mistersmith8962
    @mistersmith8962 6 років тому

    do you feel 5G and faster networks will improve crypto usage ?

  • @superindia8234
    @superindia8234 2 роки тому

    thanks a ton for proving such tough information in easy way. thank you very much again brother.

  • @AdamMichael-jy6by
    @AdamMichael-jy6by Рік тому

    Wow. What a great explanation.

  • @carljustinemosquida9614
    @carljustinemosquida9614 5 років тому

    Thank you very much for this

  • @InTenMinutes1
    @InTenMinutes1 6 років тому

    So would a miner who spent energy mining what went on to become a stale/orphan block not be able to spend the coins mined from that block?

    • @IvanOnTech
      @IvanOnTech  6 років тому

      Yes it would be rolled back

    • @InTenMinutes1
      @InTenMinutes1 6 років тому

      Okay, thanks. I really appreciate your videos by the way, this is a super useful source of valuable information and discussion. Excellent work man :)

  • @vvin4u
    @vvin4u 6 років тому

    Thanks for your work ivan

  • @zaydenbasevski1418
    @zaydenbasevski1418 3 роки тому

    beautiful, thank you very much

  • @Out_of_Czech
    @Out_of_Czech 6 років тому +16

    You really should get a tablet+pen for the drawing :)

  • @tuck582
    @tuck582 6 років тому

    Love the video. Please choose a background loop that lasts longer though, haha

  • @ChristineGodail
    @ChristineGodail 6 років тому

    Hi Ivan, I smashed the like button because you removed the feet walking in the water behind you. Thank you very much.
    However, now, in the background, we can see people moving behind their computers and it is distracting. In this video, it is not very troublesome because the whitepaper covers the background but could you please put a STATIC screen behind you. For instance, a light grey colour. When the journalists present the news on TV, nothing is moving behind them. Do you think that people would listen to the news if they could see people moving behind the journalist? It's not possible because of visual distraction. I don't understand why your team keeps on doing this mistake. Too bad!

  • @bonganic5125
    @bonganic5125 2 роки тому

    Google would know who Satoshi is, if all the research was from websites, this is not the case here. Only two websites are cited. Another thing to note, Google was not the only search engine available at the time.

    • @IgorGrubisic
      @IgorGrubisic Місяць тому

      We have proof he used tor browser so he didnt use google

  • @mruback3
    @mruback3 6 років тому +2

    very interesting -- smashing the likes.

  • @rittoosingh9087
    @rittoosingh9087 6 років тому

    This was a great video... one word KNAWLEDGE loll can't wait for the interview Friday please leave the live comments on 😂🤣😂🤣

  • @matthewpeterson5159
    @matthewpeterson5159 6 років тому

    I don't think Rodger Ver even deserves to be interviewed. He deserves to be in prison.

  • @AlessandroMuraroIT
    @AlessandroMuraroIT 3 роки тому

    great video, thx

  • @rramos7488
    @rramos7488 6 років тому

    So basically, whats got us from being completely decentralized are the ASICs, if all nodes were once mining nodes; the only reason theyre not anymore is because of the ASICs making them incompetent. Would we even be having this discussion about centralization and mining in china? Sounds like we need to go back to the USB drives to make things safer. Aslong as almost everyone owns or operates a fully validating node.

  • @kokyingzhao1584
    @kokyingzhao1584 6 років тому +1

    liked smashed. It is always good to educate the fundamentals. And happy bitcoin pizza days guys!

  • @mistersmith8962
    @mistersmith8962 6 років тому

    This is how people were talking about the Constitution back in 1776, maybe we should write a whitepaper version and get people to buy ConstitutionCoin- get paid to uphold (uphodl) Freedom, even double-spend it!

  • @syberizman
    @syberizman Рік тому

    Ivan 6 years ago :D

  • @YoungBuddhaEzuk
    @YoungBuddhaEzuk Рік тому

    YEET! ⚛️⚛️⚛️🚀🌚💎

  • @lifeinperth3066
    @lifeinperth3066 2 роки тому

    He is a rooting tooting champion man!

  • @colinheyes3065
    @colinheyes3065 6 років тому

    Ivan. Why does everyone assume that a 51% attack will be done by a rational method. Example... if a mining pool has 51% and a kidnapper kidnaps the leader of the mining pool, the kidnapper may just want to destroy the bitcoin network and hence the incentive means nothing because he might just want bitcoin to be destroyed and then another coin can take its place and hence his job is done. Is this not the real threat of a 51% attack?

  • @actamayo2
    @actamayo2 6 років тому

    Ivan is Setoshi! Thank you Ivan for the gift of bitcoin and its blockchain to the world :-):-)

  • @vasichar
    @vasichar 3 роки тому

    precious

  • @andriusjaksevicius3286
    @andriusjaksevicius3286 6 років тому

    Great video and explanation, thanks Ivan

  • @andrehidalgo9020
    @andrehidalgo9020 6 років тому

    None of the 3000 and more cryptos are truly peer to peer, not even bitcoin.

  • @DPortal17
    @DPortal17 6 років тому

    Great video, like always.

  • @LetsSpreadPositivity_
    @LetsSpreadPositivity_ 5 років тому

    When you say that Google knows who wrote the whitepaper then you assuming that satsohi was using google ? What if he was not using google or using google in incognito mode ?

    • @IvanOnTech
      @IvanOnTech  5 років тому

      You dont have to use Google for them to track you

    • @IvanOnTech
      @IvanOnTech  5 років тому

      Most websites integrate with Google in One way or another

  • @timothywang9709
    @timothywang9709 2 роки тому

    Amazing

  • @askartop2628
    @askartop2628 5 років тому

    thanks man! you are the best!

  • @Jermunkle
    @Jermunkle 2 роки тому

    Treasury Sec. Janet Yellen watched this video a few days ago and had an epiphany

  • @couvmark
    @couvmark 6 років тому

    Great explanation. Thanks! SMASHED!

  • @revepe79
    @revepe79 2 роки тому

    Good

  • @rbructer
    @rbructer 6 років тому

    I have smashed the likes.

  • @MtCarmel-zy7yb
    @MtCarmel-zy7yb 6 років тому

    That's probably one of the easiest explanation I've heard so far

  • @iangreen180
    @iangreen180 6 років тому

    If I write on behalf of a company or a business I write "we", even if I am the only person in the company. ... Also Satoshi likely protected his privacy while using the Internet, but vocabulary and writing style analysis might have better results. Clif High and Bix Weir think Satoshi is Alan Greenspan, but I am pretty sceptical about staring at goats!

  • @jorges4524
    @jorges4524 6 років тому

    Cicada 3301 is satoshi

  • @cbldv1330
    @cbldv1330 6 років тому

    Ivan, if you love me you’ll make Ver cry like you did Heart.

  • @christiankuhl2790
    @christiankuhl2790 6 років тому

    To say the BTC Whitepaper is the most important document in the world might be a slight overstatement. Hopefully there is more to life than blockchain and crypto; even though they are transformative in many ways :-)

  • @migengro
    @migengro 6 років тому +12

    So, the Bitcoin Whitepaper is the new Bible... LOL!