Bitcoin Whitepaper - Programmer explains

[@SDSL33]

This is amazing! I am in the space 1 year...a baby, and I was scared to get to the white paper...but you made it so easy to get it. Huge thanks!

[@jcletics3621]

It's pretty common for academic papers to say "we" even though it was written by just one author.

[@benjaminboothe2339]

Creates the desired ambiguity that author wants concerning their identity

[@jounalansman1769]

Well it could also be the person typing the paper wants to give credit to the people s/he has been developing the idea with. And by this I mean having conversations and other types of exchanges with. No thinker creates in a vacuum, but rather builds on ideas of others. Satoshi credits Adam Back in the paper for some of the ideas he is building on.

[@laurabeatrizmontesdeocacam7916]

Im a chemist and yes.. Definitely no scientific paper says I

[@dasMobius]

Yes, and in such papers I've always interpreted the "we" as the author together with the reader. And the tone of a properly written academic paper/text has the feel of the author hosting the reader graciously - along the lines of "let us, dear reader, reason together."

[@Bit-while_going]

Satoshi (the one who IS ) said "we" because he was writing the hackers constitution. I hope you've learned this by now. But he didn't want the hackers to control the network. Better luck next time, I guess.

[@GiBaz972]

Thanks Ivan for being an educator for so many of us. This is my first comment ever on the channel as I am watching Good Morning crypto on my way to work every morning, but with the time zone difference, never could attend the live Morning Show. This one breaking down the white paper is absolutely well constructed and clear to understand the crypto and blockchain space. It is definitively one of the firsts points of reference to start learning the upcoming coding class that I am excited to join to keep developing my vision on blockchain technology. Thanks for being such a great educator!

[@christiankuhl2790]

Wow! This is teaching and knowledge sharing at a whole new level. This is great Ivan.

[@redalertwagers]

That was pretty cool of ivan to take the time to explain the most important documents in cryptocurrency

[@Sicaoisdead]

I’m 3 weeks in to my applied blockchain module yet I’ve learnt more in this video than I have at university...

[@PrincessHiliary]

Your storytelling makes learning about crypto so enjoyable.

[@ariesletigre8762]

bitcoin was a reaction to the 2008 financial crisis god bless satoshi

[@thecamelstory6693]

either amd nvidia toyota samsung or mitsubishi invented it ! it was a inside job one of them connected their possibilities to the global audience ! 0o0

[@PaulSharpequalrights]

Let's keep integrate it to prop up Fiat currency, so the governments don't feel cornered.

[@MauricioMartinez0707]

I need someone to have another reaction to this one

[@sacundai5371]

Maybe not a reaction, more a consequence.. 🤔

[@Finanzen367]

@@thecamelstory6693actually it’s more likely it was a underground group . Like cyberpunks which invented it and wanted it to become big .

[@geoffreyibe5622]

Thank you Ivan. I joined the blockchain ecosystem few days ago. I look forward to learning more!

[@JohnyWalken]

Very good initiative to discuss THE whitepaper.

[@vj9]

At 21:19 you say the link to demonstration page is in the description, cant find it. Loved the video though. Please share the link of the demon page

[@lhowell7883]

In your videos, I see your passion for the tech that I don't see in alot of other KZbinrs. I can only imagine the amount of time and research that goes into the things you talk about. Some KZbinr's dig into a project at the beginning stages and make speculation early on without a follow up later. I feel, if they have taken the time out early on to talk about a project, they should be thorough enough with their community to follow that project through updates, milestones and changes that have been made that you talked against previously....especially if good changes were made....right or wrong! But, that takes a big man... giving credit where credit(s) is due! You're a smart guy.... you know where I'm going with this...lol! There might have been some truth to your previous statement in the beginning, but what about now? As a scholar and a guy that big on tech, you would think that, as more info was released and changes were made within project, you as a KZbinr, your review would update as well.....but for some reason, that doesn't happen. It never happens with any KZbinr. Don't get me wrong... If a project is crap, its crap! But if a project has the potential to become something that could help the space as a whole grow by setting a higher bar, or doing something no project has yet to accomplish, why not right your wrongs and bring another discussion to the table. Again, you might have had a compelling argument then, but what about now! Love the videos.... Keep doing what your doing.... BUT try to take what I'm saying in consideration.

[@chandanny4826]

Greatest explanation about hash and mining. Thx Ivan 🎉🎉🎉🎉

[@satoshiserben5417]

Learning bitcoin from the scratch! Thank you Ivan!

[@hakanhakan2585]

Even better than usually :), thanks!

[@investradelearn]

Great show man, the like button was properly smashes as always, keep the good work!

[@shahzadtajik5311]

Greatly Explain >>>>> Ivan work for this community is Endless ......Stay blessed Man

[@yahyaelyamine5617]

This live is completely underrated, this guy made it easy to understand even for a dummy like me. Liked and subscribed.

[@henricormier8128]

Great video Ivan.. can't wait for the coding class to start.. ;)

[@ziomanzo]

smashed ++ thanks for your commitment to teach us every important thing of the whole space. 👍

[@user-jamessmith]

Completed the video on 10/25/2023

[@Tejco]

I must say you are currently my favourite youtuber, not just in crypto space :D

[@utube3805]

Sending luv thanks Ivan love your shows man !

[@emilsandbech]

You just made a really complicated piece of whitepaper very understandable! The best explanation of blockchain I have seen. Help me quite a lot. Thanks :)

[@expertcrypto6888]

Hit me up via WhasApp

[@expertcrypto6888]

🚀🚀* 1 9 1 6 6 3 7 3 4 7 2🚀🚀

[@justinberken]

Great video, I'll have to watch a few times to fully absorb :)

[@aidenmisao822]

Great video. Helped me neatly understand the blockchain system. Thanks so much Ivan, you're a rockstar!

[@shivam.shakya]

This is the best bitcoin white paper explanation i've ever watched. Thanks Ivan!

[@TheoTzu]

Thx

[@MauricioMartinez0707]

he starts at 4:45

[@mr_phamtastic]

Love this deep dive of the white paper!

[@909sickle]

Can't wait for Friday.

[@john1313js]

Awesome work

[@dabronx340]

Great job Ivan. Very clear and to the point. Thank you

[@enkh-uliraldechin7071]

Thank you Ivan. I just learn so much from you while driving.

[@kokyingzhao1584]

liked smashed. It is always good to educate the fundamentals. And happy bitcoin pizza days guys!

[@Prof.Mayur.]

Thank you bro.. This is One of the most useful video on KZbin. ❤🙏

[@CJFilms1001]

"Satoshi Nakamoto" Is a group of elite hackers

[@jdizzlebrownie]

You've earned my subscription sir! Much appreciated.

[@rittoosingh9087]

This was a great video... one word KNAWLEDGE loll can't wait for the interview Friday please leave the live comments on 😂🤣😂🤣

[@auralsax]

Excellent content as always! Hope to see you in Singapore again.

[@Scripterrific]

Can we get a deep dive into chapter 11 please?

[@coldflowz]

Holy shit, Ivan. You rock!

[@tuck582]

Love the video. Please choose a background loop that lasts longer though, haha

[@YTOneLord]

ivan i salute your passion and peseverance

[@migengro]

So, the Bitcoin Whitepaper is the new Bible... LOL!

[@forsocial8522]

LMAO

[@superindia8234]

thanks a ton for proving such tough information in easy way. thank you very much again brother.

[@andyjohnson9402]

Thank you. Thank you. Thank you.

[@Filipe8019]

Pure gold - thanks Ivan

[@AdamMichael-jy6by]

Wow. What a great explanation.

[@РиммаДавыдова-м8л]

Where can I read about the encoding scheme Satoshi used for Bitcoin?

[@vvin4u]

Thanks for your work ivan

[@jonahjosemaria6159]

Where is the link to the white paper??

[@actamayo2]

Ivan is Setoshi! Thank you Ivan for the gift of bitcoin and its blockchain to the world :-):-)

[@simonmasters3295]

Do you think so

[@ChristineGodail]

Hi Ivan, I smashed the like button because you removed the feet walking in the water behind you. Thank you very much. However, now, in the background, we can see people moving behind their computers and it is distracting. In this video, it is not very troublesome because the whitepaper covers the background but could you please put a STATIC screen behind you. For instance, a light grey colour. When the journalists present the news on TV, nothing is moving behind them. Do you think that people would listen to the news if they could see people moving behind the journalist? It's not possible because of visual distraction. I don't understand why your team keeps on doing this mistake. Too bad!

[@abubokerfarog1840]

In negotiation, using "we" instead of "I" signifies that the party is leading the team and has the initiative.

[@Jermunkle]

Treasury Sec. Janet Yellen watched this video a few days ago and had an epiphany

[@scottbuszard]

There's a reason why kings and queens have their heads on the money, it's because money is power. This is why Bitcoin is so revolutionary... the first money with no face on it. Think about it...

[@kiennguyentrung1766]

Tks Ivan

[@DPortal17]

Great video, like always.

[@leonardo_magallanes]

Thank you so much for explaining in such detail.

[@andriusjaksevicius3286]

Great video and explanation, thanks Ivan

[@thomasmcgregor3302]

What about scaling, was the idea on-chain?

[@syberizman]

Ivan 6 years ago :D

[@mruback3]

very interesting -- smashing the likes.

[@cryptooten3588]

I've ordered the course. No email since order. When does additionally information will sent to customers?

[@malardjm]

Thank you!

[@OldermanOlder]

what happens with stale/orphan blocks ?

[@Out_of_Czech]

You really should get a tablet+pen for the drawing :)

[@luigibigtime8774]

Ivan??what was the value of the first block reward??how was monetary value assigned??did it take the first fiat trade??

[@carljustinemosquida9614]

Thank you very much for this

[@Skyscraper21]

Funnily enough the WE brought me here. I wanted to know what others say about how interesting it is that Nakamoto write: "therefore WE propose".

[@pemawangchuk2024]

Back in 2008 I was in college and today when I look back, I feel Satoshi Nakamoto was living 50 years ahead of us...

[@mpho1]

Thanks Ivan

[@pratik8517]

thank you

[@lifeinperth3066]

He is a rooting tooting champion man!

[@couvmark]

Great explanation. Thanks! SMASHED!

[@rbructer]

I have smashed the likes.

[@robganon]

Can someone expand on the last paragraph of Section 7? Thank you!

[@mistersmith8962]

do you feel 5G and faster networks will improve crypto usage ?

[@dominicjohnson4066]

Mr Smith It can't hurt it

[@LetsSpreadPositivity_]

When you say that Google knows who wrote the whitepaper then you assuming that satsohi was using google ? What if he was not using google or using google in incognito mode ?

[@IvanOnTech]

You dont have to use Google for them to track you

[@IvanOnTech]

Most websites integrate with Google in One way or another

[@askartop2628]

thanks man! you are the best!

[@yoda2649]

Ivan late to the party i am, a like I give you!

[@zaydenbasevski1418]

beautiful, thank you very much

[@InTenMinutes1]

So would a miner who spent energy mining what went on to become a stale/orphan block not be able to spend the coins mined from that block?

[@IvanOnTech]

Yes it would be rolled back

[@InTenMinutes1]

Okay, thanks. I really appreciate your videos by the way, this is a super useful source of valuable information and discussion. Excellent work man :)

[@mistersmith8962]

This is how people were talking about the Constitution back in 1776, maybe we should write a whitepaper version and get people to buy ConstitutionCoin- get paid to uphold (uphodl) Freedom, even double-spend it!

[@AlessandroMuraroIT]

great video, thx

[@bonganic5125]

Google would know who Satoshi is, if all the research was from websites, this is not the case here. Only two websites are cited. Another thing to note, Google was not the only search engine available at the time.

[@IgorGrubisic]

We have proof he used tor browser so he didnt use google

[@matthewpeterson5159]

I don't think Rodger Ver even deserves to be interviewed. He deserves to be in prison.

[@YoungBuddhaEzuk]

YEET! ⚛️⚛️⚛️🚀🌚💎

[@jackupton1157]

Thanks

[@christiankuhl2790]

To say the BTC Whitepaper is the most important document in the world might be a slight overstatement. Hopefully there is more to life than blockchain and crypto; even though they are transformative in many ways :-)

[@rramos7488]

So basically, whats got us from being completely decentralized are the ASICs, if all nodes were once mining nodes; the only reason theyre not anymore is because of the ASICs making them incompetent. Would we even be having this discussion about centralization and mining in china? Sounds like we need to go back to the USB drives to make things safer. Aslong as almost everyone owns or operates a fully validating node.

[@jorges4524]

Cicada 3301 is satoshi

[@fxstreamer238]

You clearly dont understand the reason for proof of work and the idea of timestamp. 20:30 is completely wrong what you are saying and is hilarious .

[@colinheyes3065]

Ivan. Why does everyone assume that a 51% attack will be done by a rational method. Example... if a mining pool has 51% and a kidnapper kidnaps the leader of the mining pool, the kidnapper may just want to destroy the bitcoin network and hence the incentive means nothing because he might just want bitcoin to be destroyed and then another coin can take its place and hence his job is done. Is this not the real threat of a 51% attack?

[@andrehidalgo9020]

None of the 3000 and more cryptos are truly peer to peer, not even bitcoin.

[@cbldv1330]

Ivan, if you love me you’ll make Ver cry like you did Heart.

[@MtCarmel-zy7yb]

That's probably one of the easiest explanation I've heard so far

[@iangreen180]

If I write on behalf of a company or a business I write "we", even if I am the only person in the company. ... Also Satoshi likely protected his privacy while using the Internet, but vocabulary and writing style analysis might have better results. Clif High and Bix Weir think Satoshi is Alan Greenspan, but I am pretty sceptical about staring at goats!

[@sasidharan97]

nice recommendation youtube! thanks :)