Bitcoin's "innovation in trust," radical self-reliance, and social scaling. Everyone is following the same consensus rules. It is an emergent model for trust in a decentralized network-centric, game-theoretical, market-based security system. We're at the infancy of this technology, so right now it's very difficult for individuals to secure their own bitcoin; this creates a tendency to concentrate funds and rely on third parties. There are two kinds of centralized exchanges: those that have been hacked and those that will be hacked. The problem is a technical skills gap - we need to make bitcoin reflexive and easily secure without centralizing it. We don't need perfect security, we need reasonable certainty. The people deeply involved in Bitcoin right now are the lunatic fringe, the "early adopters" are still five years out. If your friends are making fun of you, you're probably doing something interesting.
Bitcoin Security Model: Trust by Computation -
https://medium.com/@aantonop/bitcoin-security-model-trust-by-computation-d5b93a37da6eChapters
0:00 Bitcoin's "innovation in trust," radical self-reliance, and social scaling
1:32 Right now it's very difficult for individuals to secure their own bitcoin; this creates a tendency to concentrate funds and rely on third parties
2:12 The problem is a technical skills gap
This is part of a keynote talk which took place at the Blockchain Africa Conference on March 2nd, 2017 at the Focus Rooms in Johannesburg, South Africa:
http://blockchainafrica.co/speakers/andreas-m-antonopoulos/Watch the full talk here:
https://youtu.be/SMEOKDVXlUoRELATED:
Hardware, Software, Trustware -
https://youtu.be/Etyjc1JdmFUHow to get people to care about security -
https://youtu.be/Ji1lS9NMz1EWhat happens to our bitcoins during a hard fork? -
https://youtu.be/sNR76fWd7-0Irreversibility and consumer protection -
https://youtu.be/R107YWu5XzUHot vs. cold wallets -
https://youtu.be/Aji_E9sw0AEBridging the gap between geeks and mass markets -
https://youtu.be/UbAumime_scHow long until mainstream adoption? -
https://youtu.be/y3cKBDBabtACrossing the chasm of theoretical vs. real need -
https://youtu.be/yIR0OBEAaUEDesign for the disabled and disempowered -
https://youtu.be/VlcHyl_rPVMAndreas M. Antonopoulos is a technologist and serial entrepreneur who has become one of the most well-known and well-respected figures in bitcoin.
Follow on Twitter: @aantonop
https://twitter.com/aantonopWebsite:
https://antonopoulos.com/He is the author of two books: “Mastering Bitcoin,” published by O’Reilly Media and considered the best technical guide to bitcoin; “The Internet of Money,” a book about why bitcoin matters.
THE INTERNET OF MONEY, v1:
https://www.amazon.co.uk/Internet-Money-collection-Andreas-Antonopoulos/dp/1537000454/ref=asap_bc?ie=UTF8MASTERING BITCOIN:
https://www.amazon.co.uk/Mastering-Bitcoin-Unlocking-Digital-Cryptocurrencies/dp/1449374042[NEW] MASTERING BITCOIN, 2nd Edition:
https://www.amazon.com/Mastering-Bitcoin-Programming-Open-Blockchain/dp/1491954388Subscribe to the channel to learn more about Bitcoin & open blockchains!
If you want early access to talks and a chance to participate in a monthly LIVE Q&A with Andreas, become a patron:
https://www.patreon.com/aantonopMusic: "Unbounded" by Orfan (
https://www.facebook.com/Orfan/)
Outro Graphics: Phneep (
http://www.phneep.com/)
Outro Art: Rock Barcellos (
http://www.rockincomics.com.br/)
Join the aantonop Channel:
https://aantonop.io/joinaantonopytAbout the Site 🌐
This site provides links to random videos hosted at YouTube, with the emphasis on random. 🎥
Origins of the Idea 🌱
The original idea for this site stemmed from the need to benchmark the popularity of a video against the general population of YouTube videos. 🧠
Challenges Faced 🤔
Obtaining a large sample of videos was crucial for accurate ranking, but YouTube lacks a direct method to gather random video IDs.
Even searching for random strings on YouTube doesn't yield truly random results, complicating the process further. 🔍
Creating Truly Random Links 🛠️
The YouTube API offers additional functions enabling the discovery of more random videos. Through inventive techniques and a touch of space-time manipulation, we've achieved a process yielding nearly 100% random links to YouTube videos.
About YouTube 📺
YouTube, an American video-sharing website based in San Bruno, California, offers a diverse range of user-generated and corporate media content. 🌟
Content and Users 🎵
Users can upload, view, rate, share, and comment on videos, with content spanning video clips, music videos, live streams, and more.
While most content is uploaded by individuals, media corporations like CBS and the BBC also contribute. Unregistered users can watch videos, while registered users enjoy additional privileges such as uploading unlimited videos and adding comments.
Monetization and Impact 🤑
YouTube and creators earn revenue through Google AdSense, with most videos free to view. Premium channels and subscription services like YouTube Music and YouTube Premium offer ad-free streaming.
As of February 2017, over 400 hours of content were uploaded to YouTube every minute, with the site ranking as the second-most popular globally. By May 2019, this figure exceeded 500 hours per minute. 📈
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