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