Blockchain Internals Made Simple (E13b)
Blockchain is the foundational technology behind bitcoin and many other crypto-currencies. Art Nicewick is a Machine Learning and AI technologist and has prepared a presentation that animates the Blockchain process to make it easier for a technologist to understand the complex internal components and concepts behind this new technology. This entertaining presentation includes an animation of a fictional “Marriage Ledger” that is used to illustrate of the blockchain encryption process, an illustration of the blockchain “Proof of Work” process, a discussion of smart contracts, and an explanation of the decentralized “trustless” nature of the technology. Mr. Nicewick also provides insights into the origins of bitcoin and the future potential of cryptocurrencies such as Bitcoin and other token-based block chain technologies.