Bridgewater State University
Mathematics Seminar
April 10, 2017, 4:00-5:00 PM

Speaker: Ward Heilman
Title: What is Bitcoin?

Cryptocurrencies have proliferated wildly in the past few years and may, in the near future, be the main way we exchange economic value. Bitcoin is currently one of the most successful cryptocurrencies. How does it work? Why does it work? Does it work?? We attempt to outline the complex interaction of hash functions, encryption techniques and cleverly engineered mechanisms (implementing decentralization and consensus) that make up the process of Bitcoin.

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