You are viewing a single comment's thread from:

RE: What should be included in a video explainer of cryptocurrency?

in #steemit8 years ago

Biggest thing about cryptocurrencies Bitcoin/Litecoin/ethereum/etc... is that it is "censorship resistance transactions" more in-depth about censorship resistance is

  1. Atomic Swaps (https://bitcointechtalk.com/atomic-swaps-d6ca26b680fe)
  2. Segregated Witness(https://decentralize.today/segregated-witness-explained-like-im-5-c00a8994ea7c) implemented on Litecoin, then a few months after on Bitcoin)
  3. Confidential Transactions (This feature keeps the amounts transferred visible
    only to participants in the transaction (and those they designate https://people.xiph.org/~greg/confidential_values.txt
  4. Lightning Network (https://lightning.network/)
  5. Smart Contracts (https://en.wikipedia.org/wiki/Smart_contract) currently has issues but that's part of the evolution of technology isn't it David ; )
  6. Schnorr Signatures (https://bitcoincore.org/en/2017/03/23/schnorr-signature-aggregation/) or (https://en.wikipedia.org/wiki/Schnorr_signature)
Sort:  

Unfortunately that's all I could think of off the top of my head, I'd be ecstatic if you even saw the above reply, I've been involved within this atmosphere for a couple years now, and following your youtube channel for even a little longer ; )! I don't know of a single person with as many followers as you within the cryptosphere on any plate form to date.

All these things are way beyond what is important to know as a newbie entering crypto. Focus on the basics.