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Lecture 2 | Nakamoto Consensus & Bitcoin Protocol (Blockchain Fundamentals, Fall 2018)

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Lecture 2 deeps into the distributed consensus of the bitcoin protocol: Nakamoto Consensus which combines Proof of Work and “longest chain wins” rule to achieve agreement. Additionally, we have a brief security analysis on miners’s incentive and introduce the concept of mining pool and forks.

Blockchain at NTU is dedicated to fostering a vibrant blockchain community in NTU and beyond. We are committed to building and strengthening the technical expertise and market awareness of our members while empowering like-minded individuals in pursuit of their interests in academic, enterprise or entrepreneurial endeavor.

Find more about us at:
Website: https://ntublockchain.org
Telegram: https://t.me/ntublockchain
Instagram: https://www.instagram.com/blockchain….
Facebook: https://www.facebook.com/NTUBlockchain/
Github: https://github.com/ntusg-blockchain/

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