Second lecture of the Bitcoin and cryptocurrency applied sciences on-line course.
For the accompanying textbook, together with the free draft model, see:
On this lecture (click on the time to leap to the part):
* Centralization vs. decentralization 1:12
* Distributed consensus 4:45
* Consensus with out identification: the block chain 17:46
* Incentives and proof of labor 35:43
* Placing all of it collectively 55:39