November 2, 2026

Capitalizations Index – B ∞/21M

Lecture 3 — Mechanics of Bitcoin

Lecture 3 — mechanics of bitcoin

Lecture 3 — Mechanics of Bitcoin

Lecture 3 — mechanics of bitcoinThird lecture of the bitcoin and cryptocurrency technologies online course. Course website: https://piazza.com/princeton/spring2015/btctech/home

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In this lecture (click the time to jump to the section):
* bitcoin transactions 1:44
* bitcoin scripts 11:42
* Application of bitcoin scripts 27:20
* bitcoin blocks 42:09
* The bitcoin network 47:58
* Limitations & improvements 1:08:02

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