Apr 6
CS Tea Talk Series
“Blockchain” is a technology that powers Bitcoin, and has gotten a lot of press. There are a lot of articles about eagerness to apply it to all sorts of problems beyond Bitcoin, from supporting IoT to protecting the US nuclear arsenal. In this talk we’ll explain how Bitcoin’s blockchain technology works, and its properties, including efficiency, security, and anonymity. There is a lot of misinformation about it, and to further the confusion, researchers are naming all sorts of things “blockchain” that bear little resemblance to the original blockchain. So is blockchain a revolution in computing that will enable not only electronic money but all sorts of other applications? Or is it an unscalable fad that will fade away?
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