Chapter
Bitcoin as a Replicated Ledger
42:25 - 50:29 (08:03)
Bitcoin is a replicated ledger that globally shared and maintained by participants to ensure its validity with physical world checks done by node operators while miners assemble transactions into blocks with economic incentives to behave correctly.
Clips
Bitcoin is a globally shared, replicated ledger that is maintained by participants who want to be equal peers.
42:25 - 47:38 (05:12)
Summary
Bitcoin is a globally shared, replicated ledger that is maintained by participants who want to be equal peers. The miners have an economic incentive to maintain the ledger and inscribe transactions onto it, while node operators engage in validity checking and anti-counterfeiting checking.
ChapterBitcoin as a Replicated Ledger
Episode#173 – Nic Carter: Bitcoin Core Values, Layered Scaling, and Blocksize Debates
PodcastLex Fridman Podcast
Despite the dream of quantum computers changing the future of artificial intelligence, there is yet to be an algorithm, problem set or data set where this is the case.
47:38 - 50:29 (02:50)
Summary
Despite the dream of quantum computers changing the future of artificial intelligence, there is yet to be an algorithm, problem set or data set where this is the case. Quantum machine learning software such as TensorFlow Quantum is being explored through software engineering, but experts suggest we are far from seeing these applications in cryptography or cryptocurrency.