Professor Dr. Markus Rudolf gives a brief introduction to Cryptocurrencies and Blockchain, highlighting the way cryptocurrencies operate and the advantages they offer over alternative traditional currencies.
Links used in the video:
https://www.blockchain.com
http://www.blockchain-basics.com/HashPuzzle.html
http://www.coinmap.org/welcome/
0:24 FIAT Money – Intermediary Based Model
3:07 Peer-to-peer Network
7:19 The most important Crypto Currencies
8:34 Examples of Blocking
14:51 Proof-of-work
21:47 Mining
23:24 Paying with crypto currencies
© agnormark / Fotolia
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