Bitcoin 101 - Bitcoin For Beginners by World Bitcoin Network
Speck & Bitcoin
-
Upload
marco-amadori -
Category
Technology
-
view
253 -
download
2
Transcript of Speck & Bitcoin
Speck & Bitcoin: a quick primer - Marco <[email protected]>Impact Hub Trento - Oct 2016
Speck & BitcoinA Quick Primer
Per numeros......ad astra
Speck & Bitcoin: a quick primer - Marco <[email protected]>Impact Hub Trento - Oct 2016
Who am I ?onename.com/mammadori
❏ A multi-language developer aka FS Software
Engineer
❏ A former devop (before it was cool!)
❏ Technologist (FBK - Web of Data - Spaziodati?)
✓ BlockchainLab Researcher (Milano)
✓ Open Source Developer (debian-live cofounder)
✓ inbitcoin.it Founder and CEO
Speck & Bitcoin: a quick primer - Marco <[email protected]>Impact Hub Trento - Oct 2016
Bitcoin in 2012
✓ 1 bitcoin = 6$
✓ Tradable online mostly on a poorly
written php exchange that collapsed
(MT:GOX)
✓ Just some Alpaca socks online
✓ Unusable offline (brick & mortars)
✓ Software just for geeks
TEDx Pordenone 2012
Speck & Bitcoin: a quick primer - Marco <[email protected]>Impact Hub Trento - Oct 2016
Bitcoin in 2016
✓ 1 bitcoin ~= 600$ (+10.000%)
✓ Available online everywhere
✓ Available physically (ATM, shops)
✓ Buy from Amazon 1-60% off (via purse.io)
✓ “bitcoin accepted here” (offline shops)
✓ User-friendlier software
✓ Serious media coverage
✓ 2B$ in VC money (like Internet in1996)
Startup phase
Speck & Bitcoin: a quick primer - Marco <[email protected]>Impact Hub Trento - Oct 2016
What is Bitcoin?Bitcoin is more than one thing
currency
DigitalGoldbitcoin
Trust
ImmutableDatabase
Blockchain
P2PNetwork
Bitcoin
consensus
Speck & Bitcoin: a quick primer - Marco <[email protected]>Impact Hub Trento - Oct 2016
What is Bitcoin?A boring definition
Bitcoin is a peer-to-peer network that maintains a public distributed ledger of digital math-based assets known as bitcoin.
Speck & Bitcoin: a quick primer - Marco <[email protected]>Impact Hub Trento - Oct 2016
What is Bitcoin?From a geek’s viewpoint
● a two words name (bit coin)good for a Company or a Product, not for a Protocol (FaceBook, WalMart)
● TCP/IP is not called Bitflux or Netwire Trasmission Control Protocol/Internet Protocol
● Bitcoin could better indentified as P2P/DCP Peer-to-Peer Digital Currency Protocol
Speck & Bitcoin: a quick primer - Marco <[email protected]>Impact Hub Trento - Oct 2016
Digital GoldA metallic metaphor
“As a thought experiment, imagine there was a base metal as scarce as gold but with the following properties:
● boring grey colour● not a good conductor of electricity● not particularly strong, but not ductile or easily malleable ● not useful for any practical or ornamental purpose either● one special, magical property: can be transported over a
communications channel”
(Satoshi Nakamoto)
Speck & Bitcoin: a quick primer - Marco <[email protected]>Impact Hub Trento - Oct 2016
Paying networkBitcoin is transmittable
The Bitcoin paying network has been working globally since 7 years, without any interruptions.
Speck & Bitcoin: a quick primer - Marco <[email protected]>Impact Hub Trento - Oct 2016
The Blockchain is trustA new paradigm
Fraud Trustless
Growing trusworthiness
You don’t trust it
You have doubts
No trust neededYou do not trust it much
You totally trust it
Legit
Counterparty risk Value
Speck & Bitcoin: a quick primer - Marco <[email protected]>Impact Hub Trento - Oct 2016
Accept bitcoinShops in Trentino already accepting bitcoin as a payment method
Speck & Bitcoin: a quick primer - Marco <[email protected]>Impact Hub Trento - Oct 2016
Cryptocurrency
Internetworking protocols
Cryptocurrencies
Generic useful term?
Internet
Bitcoin
Speck & Bitcoin: a quick primer - Marco <[email protected]>Impact Hub Trento - Oct 2016
Cryptocurrencies and altcoins
Tl;dr: “pet projects”➔ Weak network security➔ Weak development➔ Inexistent adoption➔ dumped for bitcoins
What are altcoins? Is it real currency as bitcoin?
Speck & Bitcoin: a quick primer - Marco <[email protected]>Impact Hub Trento - Oct 2016
Bitcoin is codeI’ll take bitcoin and make a copy of it
Speck & Bitcoin: a quick primer - Marco <[email protected]>Impact Hub Trento - Oct 2016
Altcoin and altchainsResumptive chart
bitcoinas currency
Bitcoin Blockchain(secure)
blockchain not Bitcoin(to start)
Not bitcoin value
CounterpartyMastercoin
Tether = 1$
Two way sidechains
Nanopayment channels
Lightning Networks
Payment Hubs
Colored Coins OAP
Merged Mining,Sidechains Real “scamcoins”
are herealtcoins
altchains
Speck & Bitcoin: a quick primer - Marco <[email protected]>Impact Hub Trento - Oct 2016
inbitcoin.it
Is the company of Trentino that develops products and services for the use of Bitcoin (and Blockchain)
Our offices are in RoveretoMilano and Pordenone
makes it possible to start using bitcoin NOW
Speck & Bitcoin: a quick primer - Marco <[email protected]>Impact Hub Trento - Oct 2016
inbitcoin.it
Pick innovation
#bitcoinisnow
The company that makes it possible to start using bitcoin NOW
Speck & Bitcoin: a quick primer - Marco <[email protected]>Impact Hub Trento - Oct 2016
inbitcoin.it
B2B products
- Payment Services (Best Price)- Innovation Access- Blockchain as everlasting DB - Consultancy and development of Bapps and
Dapps
Makes is possible to you to start use bitcoin , now
Speck & Bitcoin: a quick primer - Marco <[email protected]>Impact Hub Trento - Oct 2016
inbitcoin.it
B2C products
- Payment Services (Instant Bitcoin)- Inbitcoin Wallet (UX, easy and advanced functions)- 4eva, Per sempre (Vanity and digital immutability)
Start using bitcoin in 2016 with us
Speck & Bitcoin: a quick primer - Marco <[email protected]>Impact Hub Trento - Oct 2016
inbitcoin.it
B2M products
- Pay for data- Micropayment channels- Autodiscovery
Using bitcoin in the future
Speck & Bitcoin: a quick primer - Marco <[email protected]>Impact Hub Trento - Oct 2016
Thank youQuestions ?
Per numeros......ad astra
Speck & Bitcoin: a quick primer - Marco <[email protected]>Impact Hub Trento - Oct 2016
Last thoughtThere are only 10 types of people:
Those who already have bitcoin,and those who will have it
Per numeros......ad astra