Lecture 1 - Intro to Crypto and Cryptocurrencies

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  • Опубліковано 18 гру 2024

КОМЕНТАРІ • 219

  • @ParthPatel-vj2zv
    @ParthPatel-vj2zv 3 роки тому +14

    0:00 intro
    1:47 cryptographic hash functions
    20:28 hash pointers and data structures
    29:23 digital signatures
    39:03 public keys as identities
    44:32 a simple cryptocurrency

  • @thebitcoinblog921
    @thebitcoinblog921 9 років тому +7

    Fantastic ! This really exceeded my expectations. I'm very glad I signed up for this and I am really looking forward to future lectures. Thanks !

  • @crimsonalucard
    @crimsonalucard 9 років тому +25

    Your speaking is very clear. Great lecture!

    • @tpalden753
      @tpalden753 3 роки тому

      Did you ever buy bitcoin?

  • @RoozbehDaneshvar
    @RoozbehDaneshvar 7 років тому +3

    Fantastic! I really enjoyed the whole lecture. It was very concise, clear and engaging.

  • @DeepakSingh-hl3er
    @DeepakSingh-hl3er 2 роки тому +2

    Really amazing lecture.
    Thanks for decentralising the knowledge.

  • @Brainwaves2802
    @Brainwaves2802 Рік тому +1

    Thank you,
    Sir, for the accessible lecture.

  • @ibrooksdb9
    @ibrooksdb9 6 років тому +1

    a very well delivered and thorough introduction to the foundations of cyber-currencies. Great work!

  • @_ashout
    @_ashout 2 роки тому

    More Qeustions:
    @23:48
    - How is the data from in a tamper-evident log stored? In a key value store? Since you are not using pointers to memory you need an auxilary store right?
    - Does the prev H(arrow) include the prev pointer AND the data or just the data? It would make more sense to include both right?

  • @geofaz7047
    @geofaz7047 7 років тому +2

    whoa super detailed may need to see this a few times

  • @sreenivaspg7753
    @sreenivaspg7753 6 років тому +1

    Awesome. builds from ground up and provides great understanding. Thank you.

  • @johnmacdonald4560
    @johnmacdonald4560 3 роки тому +2

    thank you for the course, you're a great teacher and communicator!

  • @CRIresearch
    @CRIresearch 9 років тому +32

    Great! So nice to see some real heavy hitting in this space! Thanks.

    • @hallerd
      @hallerd 9 років тому +1

      $1 *****

    • @OlympischbriesjeNadaAverage
      @OlympischbriesjeNadaAverage 7 років тому

      I miss the time we could ChangeTip, but I'm sure it will be back again stronger and better.

    • @Ozymandias1
      @Ozymandias1 7 років тому

      The average fees for a Bitcoin transaction are over $1 right now because of the inane blocksize debate. It is becoming useless for microtransactions.

    • @earlpoorman9045
      @earlpoorman9045 7 років тому

      Let me hug some coins (っ◔◡◔)っ!
      19HKMEVXViRMdMj318x5VqTPzJ1ipEBLSK
      ua-cam.com/video/fOMVZXLjKYo/v-deo.html

    • @nodajifi
      @nodajifi 6 років тому

      CRI did

  • @osharaki
    @osharaki 8 років тому +2

    13:45 So commit(msg) returns (com, key), where in reality this is equal to (H(key|msg), H(key)). Does this mean that the key which is to be published is actually equal to H(key)? In that case, how could it possibly be that the verification method which uses the published key(aka H(key)) could ever succeed, since it will always be doing: verify(com, H(key), msg):=H(H(key)|msg)==com bearing in mind that com=H(key|msg).

  • @manonlescaut4701
    @manonlescaut4701 7 років тому

    Qestions:
    14:00: "...returning as commitment: is it "hash(key) + Message" *or* "hash(key+message)"?
    14:15: When the key+message was given to the verifier so he could hash it for comparsion?
    Great lecture!

  • @udaysingla3260
    @udaysingla3260 3 роки тому +3

    These are all entirely new concepts for me. It's difficult to grasp and make notes together at this pace!

  • @jamusundararajan7170
    @jamusundararajan7170 7 років тому

    Excellent lecture covering the key concepts very concisely

  • @navonildeb3583
    @navonildeb3583 7 років тому +1

    appreciable teaching. done a really great job @profs

  • @rolandtritsch
    @rolandtritsch 8 років тому +12

    Slide: Commitment API. The line commit(msg) := (H(key|msg), H(key)) probably needs to read commit(msg) := (H(key|msg), key).

    • @dionyziz
      @dionyziz 8 років тому

      Yep, that's a mistake.

    • @eddy-currents
      @eddy-currents 7 років тому

      Good catch.

    • @BlackSkyoo7
      @BlackSkyoo7 7 років тому

      can you just briefly explain the difference?

  • @CROOMANILE
    @CROOMANILE 5 років тому

    This was a Master Class! Thanks, From Eric Croom Jr,

  • @d3c0d3junky
    @d3c0d3junky 7 років тому +1

    Very beautifully explained, thanks!

  • @pushkarsoni8927
    @pushkarsoni8927 6 років тому +1

    Amazing Lecture prof!

  • @SuperRedja
    @SuperRedja 8 років тому +2

    Excellent! thank you very much for sharing your knowledge

  • @kennedigreen6788
    @kennedigreen6788 7 років тому +1

    Great Lecture!

  • @icemd24
    @icemd24 9 років тому

    34:43 Where exactly you draw the line that separates plausible numbers and non-plausible numbers?

  • @dclafever
    @dclafever 9 років тому

    Great intro to bitcoin. Thank you for posting this.

  • @_ashout
    @_ashout 2 роки тому

    Typing out my questions as I make my way through the video... I'll probably be posting multiple times...
    - When discussing the commitment API around the @14:28 mark, why do hash the 256 bit key? H(key)
    - Is it because we do "H(key | msg)" and theres some sort of communitive property?
    - Is "binding" essentially the same as saying the hash function is collision-free (impossible to find collisions)

  • @shipod
    @shipod 9 років тому +46

    16:08 "Let me just go through it "Bit-by-bit"" lol

  • @JoukoSalonen
    @JoukoSalonen 9 років тому +2

    thank you. Excellent start!

  • @samjphoto
    @samjphoto 9 років тому +1

    Great lecture!

  • @DarijusF
    @DarijusF 8 років тому +2

    Good stuff, much appreciated!

  • @waqardetho2426
    @waqardetho2426 8 років тому

    great lecture very well explained thanks.....

  • @taviokagame9305
    @taviokagame9305 7 років тому

    Excellent lecture. Very very good stuff

    • @isaackendall9549
      @isaackendall9549 7 років тому +1

      For cryptocurrency mining and how to make good wages on your invested funds contact me (isaacken70@gmail.com ) and I'll show you how i made over $500k in 3 months and the secrets behind it.

  • @chautrongan6183
    @chautrongan6183 7 років тому

    THANK SIR, GOD BLESS AMERICA AND GREECE-ROMAN.

  • @MK-007.
    @MK-007. 7 років тому +1

    Slide Commitment API: What's the purpose of the key? The only thing you publish at beginning is commitment. Message is kept secret until opening envelope. So you can easily do only com=h(msg) and publish com. Nobody can reveal msg from com. Message originator can't forge original message because he can't find msg' with the same hash h(msg)=h(msg'). Everything works without the key as well. All you need is clear hash.

  • @pankajkumaranuragi8453
    @pankajkumaranuragi8453 7 років тому

    22:27 why we are not calling it next pointer instead of prev??

  • @andre.queiroz
    @andre.queiroz 8 років тому +20

    I lost it on the meteor HAHAHAHAHAHAHAHA

    • @317jeetu
      @317jeetu 4 роки тому

      A good blog to begin with cryptos and blockchain
      i-am-in-crypto.blogspot.com/2020/07/coming-soon.html

  • @sasthihalder8145
    @sasthihalder8145 7 років тому

    Arrow pointers under heading of 'Blockchain' and 'Detecting Tempering' should point to previous/parent block H( ). It correctly mentions previous H( ) though arrow pointer shows next H( ). Both Bitcoin and Ethereum Block Header stores parent H( ) which is previous H( ). Please correct this.

  • @BigPapaPengzu
    @BigPapaPengzu 7 років тому +1

    at 7:16 he says "that if we know X and Y have the same hash, then it's safe to assume that X and Y are different"
    Did he mean to say that they are the same?
    The formula above shows "If we know H(x)=H(y), it's safe to assume that x=y"

    • @weirdworld3734
      @weirdworld3734 7 років тому

      yeah he meant that they are the same.

    • @ravikirantuduru1061
      @ravikirantuduru1061 5 років тому

      yes H(x)=H(y) it is safe to assume x=y but it is rare situations where H(x)=H(Y) where x!=y it means it is difficult to find where Hash values are same with different X and Y. I think this is the concept he explained. If I make any mistake please correct me .

  • @web3dopamine
    @web3dopamine 6 років тому

    at 23:10 are the blocks going from left to right or right to left ?

  • @789overdrive
    @789overdrive 7 років тому +21

    This is where 99% of the people in this world don't understand how bitcoin actually works. They only know the bitcoin price news....

    • @TheCornbeefsoup
      @TheCornbeefsoup 7 років тому +2

      789overdrive And it's those people that will ruin bitcoin's potential future and just turn it into another financial bubble.

  • @stepanvorobiev3440
    @stepanvorobiev3440 9 років тому +3

    Thank you for providing the world with this infinitely valuable and accessible resource! 100000 satoshis *****

  • @hushi3403
    @hushi3403 7 років тому

    Love it!!!! nice explanations

  • @satyajitdeshmukh1880
    @satyajitdeshmukh1880 6 років тому +3

    At 7 mins 24 seconds, I believe speaker meant: "If hash values are same, then X and Y have to be equal".

  • @illiahalych4543
    @illiahalych4543 7 років тому

    I have a thought about the identity in Privacy. When analyzing the behavior of an address to find out who that is, isn't it a good idea to use Machine Learning to run through the layers and to update the output over time? The activity of the address can be the input layer, the probability that that is Joe would be the output layer.

  • @piggubiggu5324
    @piggubiggu5324 4 роки тому

    BRILLIANT

  • @TheDinarian
    @TheDinarian 5 років тому

    Thank you so much for doing these.

  • @herkules1663
    @herkules1663 4 роки тому +1

    what exactly is the commitment API ? is this kind of api an application programming interface ?

    • @ishitaviti5801
      @ishitaviti5801 4 роки тому

      I can recommend Mr William charle he is a good broker and also expert in crypto currency he can help you get More informations and knowledge about Bitcoin
      He's available on what's app
      *+1 8 1 8 7 2 2 9 1 4 5*

  • @justenkarinmerks-roebroek9281
    @justenkarinmerks-roebroek9281 9 років тому +1

    Thanks for sharing!

  • @chamcham123
    @chamcham123 8 років тому +37

    He looks like Tim Cook.

  • @SomnoNaut
    @SomnoNaut 9 років тому

    I would like feedback on this concept
    Imagine a hash being generated by number string occurring only once in space+time would that not eliminate any "collisions?"

  • @sudheeshv4834
    @sudheeshv4834 4 роки тому +1

    Sir will u please post the week 1 assingment answer file

  • @xa1551
    @xa1551 3 роки тому

    What's the difference between the commitment and signature API's?

  • @adetorrent
    @adetorrent 7 років тому

    Ah, this is like being back in Uni. Reminds me of my Computer Engineering and Electronics days.

  • @jurgengermeys5508
    @jurgengermeys5508 7 років тому +1

    What is the point of Powerpoint if you just put the words you are speaking into it?

  • @zandaya
    @zandaya 9 років тому

    This is actually a bitcoin course that I can understand. I'm waiting for episode 2, when will it be uploaded?

  • @SphereofTime
    @SphereofTime 5 місяців тому +1

    2:47

  • @JavierSalcedoC
    @JavierSalcedoC 3 роки тому

    Time for a 4th rewatch?
    Yes.

  • @kirchdubl1652
    @kirchdubl1652 7 років тому

    Is signature the way to prove , that someone is holding certain private key? Other words do we have another API for signature saying: isTheSameSK(pk,sig1,sig2)? This is like asking: is sig1 and sig2 made by the same person ? Or i can send a msg2 to this person and ask to sign it and later verify he also signed msg1?

  • @vasuagarwal6140
    @vasuagarwal6140 6 років тому

    If last block data is tempered, how will it hamper the previous blocks?

  • @SoCalFreelance
    @SoCalFreelance 9 років тому +9

    Ummmm, cryptographic vegetables, tasty :D

  • @livinglong8258
    @livinglong8258 6 років тому

    I heard that educational token(LEDU coin) is currently paying project creators for their work, any thought on it

  • @neilh.4385
    @neilh.4385 7 років тому

    Ho boy that's how you know they're real academics ... 3 minutes in and it's an college senior-level algorithms lecture

  • @SphereofTime
    @SphereofTime 5 місяців тому +1

    34:31

  • @jasonvaccaro5352
    @jasonvaccaro5352 7 років тому

    Are these videos available somewhere for legal download or are they only on youTube?

  • @jgizzy
    @jgizzy 7 років тому

    Are these lectures the same ones being used for Coursera's Cryptocurrency course? I'd just sign up for the course but I hear the assignments on this specific course are pretty frustrating.

  • @Youer777
    @Youer777 2 роки тому

    anyone knows: are all coins are immutable? thanks!

  • @simonsicard4867
    @simonsicard4867 9 років тому +1

    Nice ! Thanks

  • @samahelemary7300
    @samahelemary7300 2 роки тому

    Can I get slides of lecture , please?

  • @LonHosford
    @LonHosford 7 років тому +2

    Illustrations are too abstract and lack practical examples or meaningful analogies. Stopped at 27:30.

  • @dizmus_8267
    @dizmus_8267 6 років тому

    Can anyone answer what software I would use to calculate these commands? Com, key, msg, etc? How can I implement what I am learning in this video?

  • @aryatayal129
    @aryatayal129 4 роки тому

    Does anyone have answers to the quiz of this course ?

  • @dukevanderburg5361
    @dukevanderburg5361 5 років тому

    7:42 Dude says for a collision free hash function H, when H(x) = H(y), x does not equal y. This is false. For a collision free hash function H, when H(x) = H(y), x = y. Also this "collision free" function is called an injective function if you want to learn more about it.

    • @jayant9151
      @jayant9151 5 років тому

      Thats bijection not injection

    • @chillman878
      @chillman878 3 роки тому

      I noticed that too. So I'm assuming he meant to say if H(x) = H(y) and the hash function is collision free, then it's safe to say x = y. Or did I miss understand?

  • @huguesad
    @huguesad 9 років тому

    @24min: re tampering: i undertand that tampering is not possible in th middle of the block chain but what if the tampering occurs at the very end of the chain (at the most recent "link").
    would that not be possible?

  • @samahelemary7300
    @samahelemary7300 2 роки тому

    Please, I want solution of exercises to chapter 1

  • @gdaaps
    @gdaaps 7 років тому +1

    HEllo, would it be possible to have the slides of this course?

  • @digitizedcurrencygroup915
    @digitizedcurrencygroup915 9 років тому

    Great work .Would like to request Blockchain sync that covers and the technical background for Peer to peer network. Covering Topics like
    1. Bitcoin Peer Discovery 2. Inital Block Download 3. HeaderFirst Block Downloads. 4. Orphan Blocks and 5. Alerts Mis behvaing nodes. These are all topics that have been added to bitcoin documentation on bitcoin.org/en/developer-guide#orphan-blocks and are closely related to Stanford lecture for 4 Gen Peer-to-Peer Technology.

  • @kerrytrax9332
    @kerrytrax9332 7 років тому +1

    "relies on hairy math" best quote

  • @gaofan2856
    @gaofan2856 2 роки тому

    "Earth will be destroyed by giant meteor in next 2 seconds which... did not happen" :D great lecture

  • @Naimazamm
    @Naimazamm 6 років тому

    I want to learn it

  • @lihaozhang6611
    @lihaozhang6611 6 років тому

    Where can we get the lecture PPT?

  • @hspnew
    @hspnew 7 років тому

    Why complaints? this is "intro" yes

  • @srinivasrao3867
    @srinivasrao3867 9 років тому

    very good

  • @nishanthcodes4576
    @nishanthcodes4576 Рік тому

    perfect

  • @JavierSalcedoC
    @JavierSalcedoC 9 років тому +4

    A course for gentlemen

  • @MrRigdensChannel
    @MrRigdensChannel 7 років тому +1

    Surprised Disney has not requested a take-down of this video.

  • @aliyassine999
    @aliyassine999 7 років тому

    Thank you

  • @DoubleBassDojo
    @DoubleBassDojo 8 років тому

    What's the song used in these videos?

  • @newnew80793
    @newnew80793 2 роки тому +15

    I love the grounded reality of this channel, its normal to see so many investors panic amid a worsening bearish market but it is also important to note that the market situation is nothing new in the crypto world. Several factors are driving negative sentiment in the stock and crypto markets right now including inflation, a shaky stock market, rising interest rates, and recession fears. As a result, BTC has dropped significantly from its all-time high, breaking below several key technical levels. As a crypto investor, the current situation might seem bleak. However, there are several tried and tested expert suggested investment strategies that can help you accumulate the current crypto storm, in few weeks of implementing trade with accurate signals directly from Theo Ryan, I have been able to accumulate over 19.5 btc despite the current state of the market.

    • @marko3972
      @marko3972 2 роки тому

      Hello...I have been looking for such a profitable signals and guides from a pro trader for some time now how do i contact him?

    • @newnew80793
      @newnew80793 2 роки тому +2

      @Theo917
      That's👆his username / telegram

    • @marko3972
      @marko3972 2 роки тому

      @@newnew80793 Thanks for sharing his telegram details, this gave me a small amount of hope thanks, i’ll surely reach out to him and start learning the right way, tired of loosing from price drops,

    • @ahmadaladdin8673
      @ahmadaladdin8673 2 роки тому

      I'm also a subscriber of his signals, and if I were to rate their accuracy I would say 95%

    • @lucaswilliam6452
      @lucaswilliam6452 2 роки тому

      I normally don’t do this, but coming across Theo Ryan in this channel, I just have to say something. He is indeed a tutor, he guided me even when I was being naive to the basics of trading. Thanks to Theo Ryan today I have made reasonable amount of crypto stack up and a good trading capital.

  • @iamlove7096
    @iamlove7096 2 роки тому

    How rich would Satoshi be,if he mined 90% of the Bitcoin supply?

  • @SphereofTime
    @SphereofTime 5 місяців тому

    0:51

  • @videofudge
    @videofudge 5 років тому +1

    So... invest in GoofyCoin?

  • @SphereofTime
    @SphereofTime 5 місяців тому

    36:28

  • @lokalboys2482
    @lokalboys2482 3 роки тому

    Tammm

  • @kocaeliajans1605
    @kocaeliajans1605 8 років тому

    l

  • @johnprather8
    @johnprather8 7 років тому

    I had to turn on the subtitles concat - a - what? concatenate... shoulda paid attention in math...

  • @mkmason2002
    @mkmason2002 7 років тому

    Heeelp! Every time I try to purchase ETH my CC Visa says Cionbase it's a company in Great Britain, and it blocks the purchase. Is coinbase out of GB I thought it was in Ca. Are the Visa bankers trying to discourage folks from buying?

  • @gdaaps
    @gdaaps 9 років тому

    vegetables are great...

  • @BrainEquation
    @BrainEquation 4 роки тому

    Now I know crypto trading is gambling cause this bloke knows everything and he doesn't look rich.

  • @lancewallach2845
    @lancewallach2845 3 роки тому

    The IRS recently released new guidance about virtual currency-the first in 5 years-which mainly dealt with whether taxpayers have gross income from two cryptocurrency events: hard forks of cryptocurrency the taxpayer owns and an airdrop of a new cryptocurrency following a hard fork, if the taxpayer receives units of new cryptocurrency. If you own virtual currency, no matter whether these terms sound like a foreign language to you or you are familiar with them, you may need to account for these events on your tax return for the year when they occur. As a crypto investor, you face significant risks regarding taxation and the IRS. These risks can be mitigated, however, with help. Most accountants have no clue. Lance Wallach receives hundreds of calls for help. Google him and your advisor. Who do YOU trust?

  •  7 років тому +1

    Crypto currency step 1: Buy 25 GTX 1080tis.