Crypto & Digital MoneyBlockchain

The Shared Notebook

A blockchain is a record everyone keeps a copy of

Your bank's ledger sits behind closed doors. Bitcoin's is copied on thousands of computers. Could anyone change an old payment?

You'll find out

  • What a page's fingerprint is
  • Why rewriting the past is a race
  • The fingerprint hiding in a newspaper

Why it matters

Knowing why the record is so hard to change shows what crypto's trust rests on: math and copies, not a bank.

About 3 min6 interactive slides · 5 questionsLesson 119 · Zone 14

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More in this zone

  1. 118CryptocurrencyMoney Without a BankBitcoin moves value with no one in the middle
  2. 120Crypto HistoryNobody Knows Who Made BitcoinIts creator vanished and left a fortune untouched
  3. 121Bitcoin SupplyWhy Only 21 MillionA money supply fixed in code
  4. 122Crypto SecurityKeys and WalletsWhoever holds the key holds the coins
  5. 123HindsightThe 10,000-Bitcoin PizzaIn 2010 a programmer bought two pizzas with coins later worth hundreds of millions
  6. 124Crypto PrivacyCrypto Is AnonymousEvery bitcoin payment is public forever
  7. 125HerdingFear of Missing OutWatching others get rich makes us forget the risks
  8. 126Crypto HistoryThe Coin That Started as a JokeDogecoin was created to make fun of crypto