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What is Blockchain , Miners, Public Ledger

149 views | 29 Aug. 2018

Awesome video on

Awesome video on Blockchain , miners, open public ledger . And how a transaction happens on a block chain how miners get paid . What miners do. How blockchain is open public ledger.

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Dishant Kohli

Next vedio kab aaygi..sir

Bernd A.

Great video, thanks.
To the second part: what happens if D validates the transaction (B to C) although it is invalid? Won't A check this validation?
Another question: isn't it a data privacy problem that everybody in the network knows that A has $10?

M Mathuvanthe

Super explanation which will make anyone understand! Thank you.

Public ledger

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Edward Snowden: Public Ledger Is Bitcoin’s Big Flaw

14 views | 22 Mar. 2018

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Edward Snowden: Public Ledger Is Bitcoin’s Big Flaw

Edward Snowden, who became notorious for exposing the U.S. National Security Agency's (NSA) massive surveillance agenda in 2013, has said bitcoin's central flaw may not lie in its transaction rate limitations, but in its public ledger. Speaking to an audience through webcam at the Blockstack event in Berlin early March, Snowden for the first time gave the audience his detailed views on the emerging technology. While agreeing that bitcoin will endure for a long period of time, Snowden argued that he does not believe "bitcoin will last forever." "Everybody is focused on the transaction rate limitations of bitcoin being its central flaw, and that is a major one," he said, adding that, actually, "the much larger structural flaw, the long-lasting flaw, is its public ledger." The whistleblower further explained that the existing mechanism of the bitcoin blockchain has the problem of balancing recording every transaction history with attempting to scale its capacity in processing these transa...

Public ledger

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Facebook against Blockchain - Edward Snowden: Public Ledger Is Bitcoin's Big Flaw

147 views | 23 Mar. 2018

Facebook Users Could

Facebook Users Could Retake Control. Blockchain could be a solution to the battle social media users

Edward Snowden: Public Ledger Is Bitcoin's Big Flaw. Snowden all in with ZCash and Monero

Blockchain could be a solution to the battle social media users face over misuse of personal data and content, RBC Capital Markets said March 21.

Speaking to CNBC in the wake of the ongoing Facebook privacy scandal, RBC analyst Mitch Steves said Blockchain is “where we’re going long term” with regard to data integrity online.

“In the future, someone like yourself no longer has to give their photos to Facebook,” Steves told the network’s Fast Money segment.

Edward Snowden, who became notorious for exposing the U.S. National Security Agency's (NSA) massive surveillance agenda in 2013, has said bitcoin's central flaw may not lie in its transaction rate limitations, but in its public ledger.

Speaking to the audience via webcam at a Blockstack event in Berlin early March, Snowden for the first time gave the audience his detailed views on the emerging technology. While agreeing that bitcoin will endure for a long period of time, Snowden argued that he does not believe "bitcoin will last forever."

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Sources Links:

https://cointelegraph.com/news/facebook-users-could-retake-control-of-content-with-blockchain-analyst

https://www.theverge.com/2018/1/30/16951670/facebook-cryptocurrency-bitcoin-ico-deceptive-marketing-ban

https://techcrunch.com/2018/01/30/facebook-is-banning-cryptocurrency-and-ico-ads/

http://www.news.com.au/technology/online/social/facebook-steps-in-to-ban-cryptocurrency-ads-on-its-social-media-platforms/news-story/5c5d2691f0eeadfd052e358a0471cabc

https://www.coindesk.com/edward-snowden-public-ledger-is-bitcoins-big-flaw/

https://cointelegraph.com/news/snowden-ventures-cryptocurrency-opinion-on-twitter

https://www.coindesk.com/edward-snowden-zcash-is-most-interesting-bitcoin-alternative/

https://twitter.com/snowden/status/913544739542241282?lang=es

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