Who generates the nonce? What makes it random? How is nonce-guessing essential to the aggressive technique of mining? What occurs if the hashing algorithm (SHA-256) was compromised? Is quantum computing a menace?
More on nonces and the mining course of: https://github.com/bitcoinbook/bitcoinbook/blob/8ae3c056fb257111bda8883d9d204e8476f9870c/ch09.asciidoc
More concerning the SHA-1 collision: https://security.googleblog.com/2017/02/announcing-first-sha1-collision.html
More about SHA-1 and Bitcoin: https://bitcoin.stackexchange.com/questions/75135/is-sha-1-used-in-bitcoin
CORRECTION: At 5:53, I described what a collision was. However, the definition I outlined was truly for a pre-image assault, which is distinct from collision assaults. The subtitles have been edited to incorporate the correction. https://en.wikipedia.org/wiki/Preimage_attack
These questions are from the MOOC 7.2 and 9.2, which occurred on February 26th 2017 and February 23rd 2018 respectively. Andreas is a instructing fellow with the University of Nicosia. The first course of their Master of Science in Digital Currency diploma, DFIN-511: Introduction to Digital Currencies, is obtainable totally free as an open enrollment MOOC course to anybody inquisitive about studying concerning the basic rules.
If you need early-access to talks and an opportunity to take part within the month-to-month stay Q&As with Andreas, turn out to be a patron: https://www.patreon.com/aantonop
RELATED: Consensus Algorithms, Blockchain Technology, and Bitcoin – https://youtu.be/fw3WkySh_Ho Advanced Bitcoin Scripting Part 1: Transactions and Multisig – https://youtu.be/8FeAXjkmDcQ Advanced Bitcoin Scripting Part 2: SegWit, Consensus, and Trustware – https://youtu.be/pQbeBduVQ4I What is Consensus: Rules with out Rulers – https://youtu.be/2tqo7PX5Pyc Forkology: A Study of Forks for Newbies – https://youtu.be/rpeceXY1QBM Bitcoin: Where the Laws of Mathematics Prevail – https://youtu.be/HaJ1hvon0E0 Software distribution safety – https://youtu.be/_V0vqy046YM What is mining? – https://youtu.be/t4p4iMqmxbQ The mining course of – https://youtu.be/L4Xtau0YMJw Miners, swimming pools, and consensus – https://youtu.be/JHz7LM4ncLw Cryptographic primitives – https://youtu.be/RIckQ6RBt5E The guidelines of Bitcoin (half 1) – https://youtu.be/VnQu4uylfOs The guidelines of Bitcoin (half 2) – https://youtu.be/vtIp0GP4w1E Rules versus rulers – https://youtu.be/9EEluhC9SxE The worth of proof-of-work – https://youtu.be/ZDGliHwstM8 Migrating to post-quantum cryptography – https://youtu.be/dkXKpMku5QY Could a state-sponsored 51% assault work? – https://youtu.be/KUd8ZGgm6Qo Honest nodes and consensus – https://youtu.be/KAhY2ymI-tg Spam transactions and Child Pays For Parent (CPFP) – https://youtu.be/t3c0E4fkSNs Is Bitcoin a democracy? – https://youtu.be/TC3Hq76UT5g Decentralized energy, leaderless governance – https://youtu.be/E5VbDlQTPzU Scaling, belief, and trade-offs – https://youtu.be/vCxmHwqyJWU What is the function of nodes? – https://youtu.be/fNk7nYxTOyQ Why operating a node is essential – https://youtu.be/oX0Yrv-6jVs Lightning, full nodes, and miners – https://youtu.be/dlJG4OHdJzs Running nodes and fee channels – https://youtu.be/ndcfBfE_yoY What occurs throughout a fork? – https://youtu.be/XBk8hBJ1xVo SegWit adoption – https://youtu.be/KCsTVTRk6I4 Spam transactions and Child Pays For Parent (CPFP) – https://youtu.be/t3c0E4fkSNs Energy consumption – https://youtu.be/2T0OUIW89II Solar vitality and mining in house – https://youtu.be/cusakcpa8AM Bitmain and ASICBoost allegations – https://youtu.be/t6jJDD2Aj8k
Andreas M. Antonopoulos is a technologist and serial entrepreneur who has turn out to be probably the most well-known and revered figures in bitcoin.
Follow on Twitter: @aantonop https://twitter.com/aantonop Website: https://antonopoulos.com/
He is the writer of two books: “Mastering Bitcoin,” revealed by O’Reilly Media and thought of one of the best technical information to bitcoin; “The Internet of Money,” a guide about why bitcoin issues.
THE INTERNET OF MONEY, v1: https://www.amazon.co.uk/Internet-Money-collection-Andreas-Antonopoulos/dp/1537000454/ref=asap_bc?ie=UTF8 [NEW] THE INTERNET OF MONEY, v2: https://www.amazon.com/Internet-Money-Andreas-M-Antonopoulos/dp/194791006X/ref=asap_bc?ie=UTF8
MASTERING BITCOIN: https://www.amazon.co.uk/Mastering-Bitcoin-Unlocking-Digital-Cryptocurrencies/dp/1449374042 [NEW] MASTERING BITCOIN, 2nd Edition: https://www.amazon.com/Mastering-Bitcoin-Programming-Open-Blockchain/dp/1491954388
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