3Blockchain and Money - Blockchain Basics & Cryptography
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Course
Economic
Institution
This course is for students wishing to explore blockchain technology’s potential use—by entrepreneurs and incumbents—to change the world of money and finance. The course begins with a review of Bitcoin and an understanding of the commercial, technical, and public policy fundamentals of blockc...
,Class 3 (9/13): Study Questions
• What are the design features – cryptography, append-only
timestamped blocks, distributed consensus algorithms, and
networking - of Bitcoin, the first use case for blockchain technology
• What are cryptographic hash functions, asymmetric cryptography a
digital signatures? How are they utilized to help make blockchain
technology verifiable and immutable?
• What is the double-spending problem and how it is addressed by
blockchain technology?
, Class 3 (9/13): Readings
• ‘Bitcoin: A Peer-to-Peer Electronic Cash System’ Nakamoto
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