Bitcoin Q&A: The rules of Bitcoin [BTC] (part 1)

Bitcoin Q&A: The rules of Bitcoin [BTC] (part 1)

This is the first part of the answer to the question: “What are the rules within bitcoin [BTC]?” What makes a transaction “correct” or “incorrect”? What distinguishes the rules for transactions in bitcoin [BTC] from the rules for transactions done through traditional financial institutions?

Part 2: https://youtu.be/vtIp0GP4w1E

This is part of a talk which took place on July 7th 2017 at a Bloktex event hosted by the Wisma BeeOn Group in Kuala Lumpur, Malaysia: https://antonopoulos.com/event/the-future-of-money-kuala-lumpur-malaysia/

Watch the full talk here: https://youtu.be/HaJ1hvon0E0

RELATED:
bitcoin: Where the Laws of Mathematics Prevail – https://youtu.be/HaJ1hvon0E0
Forkology: A Study of Forks for Newbies – https://youtu.be/rpeceXY1QBM
SegWit, scaling, and consensus – https://youtu.be/Jc7mrR6AAto
Fee market, SegWit, and scaling – https://youtu.be/zxt-FLzZPhg
Scaling is a moving target – https://youtu.be/pT9kJq_Ogrk
The scaling rites of passage – https://youtu.be/rZi86_ovB3Y
What is the biggest threat? – https://youtu.be/1-XUbH1F0Os
Is bitcoin [BTC] a democracy? – https://youtu.be/TC3Hq76UT5g
Governance trade-offs in decentralised systems – https://youtu.be/dtwaW79Fj7c
bitcoin & Blockchain in Norway – https://youtu.be/5ODDCx6VL2Y
The end of vampire-squid financing – https://youtu.be/yyXOQG5iNWo
Rules vs. Rulers – https://youtu.be/9EEluhC9SxE
The Currency Wars and bitcoin [BTC]’s Neutrality – https://youtu.be/Bu5Mtvy97-4
The Killer App: Engineering the Properties of Money – https://youtu.be/MxIrc1rxhyI

Andreas M. Antonopoulos is a technologist and serial entrepreneur who has become one of the most well-known and well-respected figures in bitcoin [BTC].

Follow on Twitter: @aantonop https://twitter.com/aantonop
Website: https://antonopoulos.com/

He is the author of two books: “Mastering bitcoin [BTC],” published by O’Reilly Media and considered the best technical guide to bitcoin [BTC]; “The Internet of Money,” a book about why bitcoin [BTC] matters.

THE INTERNET OF MONEY, v1: https://www.amazon.co.uk/Internet-Money-collection-Andreas-Antonopoulos/dp/1537000454/ref=asap_bc?ie=UTF8

MASTERING bitcoin [BTC]: https://www.amazon.co.uk/Mastering-bitcoin-Unlocking-Digital-Cryptocurrencies/dp/1449374042

[NEW] MASTERING bitcoin [BTC], 2nd Edition: https://www.amazon.com/Mastering-bitcoin-Programming-Open-Blockchain/dp/1491954388

Subscribe to the channel to learn more about bitcoin [BTC] & open bitcoin [BTC]s!

If you want early-access to talks and a chance to participate in a monthly LIVE Q&A with Andreas, become a patron: https://www.patreon.com/aantonop

Music: “Unbounded” by Orfan (https://www.facebook.com/Orfan/)
Outro Graphics: Phneep (http://www.phneep.com/)
Outro Art: Rock Barcellos (http://www.rockincomics.com.br/)