2. Agenda History & terminology Ethereum HTML JS Dapp
examples Summary
3. History History Mathematics & Money Encryption Public
Private Key 1970's 90's gold, centralized 2 tonnes - put in prison
2008 https://bitcoin.org/bitcoin.pdf Satoshi Nakamoto Decentralized
peer to peer money Price, Altcoins, Payments, Int. Transfers, etc
Smart Contracts
4. Terminology Blockchain Mining Proof of Work Merkle Trees
& HASHing Consensus Rewards (bitcoins) Peer to Peer, no central
authority, secure
5. Public Key Encryption Public Keys & large numbers
https://www.youtube.com/watch?v=ZloHVKk7DHk Elliptic Curves
https://www.youtube.com/watch? v=iB3HcPgm_FI
6. Proof of Work SPAM - hashcash
https://www.youtube.com/watch?v=q6MGcE68-8g Cost high at volume
HASHING number of Zeros 00000023
7. Merkle Tree
8. Consensus BLOCK TO BLOCKCHAIN Longest chain wins 51% attack
CPU of network Maths problem varies difficulty automatically 10min
on average to solve Reward reduce by half every 4 years
9. Ethereum Smart Contracts EVM ethereum Blockchain Solidity
Language IPO Ether gas pay for compute on EVM Whisper & Swarm
test release Others exist (Maidsafe, Blockstream, creddits etc
etc.)
10. Install Caustion still under test development
https://github.com/ethereum/cpp-ethereum/wiki Ubunut 14.04 GO, CPP,
Python, Node.js Other Mac, Windows
11. Dapp Learn concepts - Alethzero HTML Javascript API Send
ether Simple smart contract Own Bank
12. Summary Websites Apps Dapps Thank you for listening
Q&A