
Cryptocurrency
Programming Throwdown
00:00
Bitcoin and Cryptocurrency - What's the Difference?
Mining bit coin, or justi kno, sort of mining crypto currency is the notion of doing some some work on your computer. And so as it's like trying to find a number, which combined with the a bunch of transactions that have happened in bit coin that end some hashing and cryptographic signing, basically finding an value that makes the result match a certain pattern. When you're working to try to mind the bitcoin, then everybody is kind of working to get there first. The trad isnt tat wild that there's somebody who owns, i don't what %, but it's significant of bitcoin. At any moment he could start selling a but he nothing has happened yet.
Transcript
Play full episode