@donhylo
@aantonop
@donhylo
@donhylo
@donhylo
@donhylo
ID
money
trust the bank
account + access
@donhylo
@donhylo
TO AVOID DOUBLE SPEND ATTACK
in Traditional Banking
with Centralised Data Bases
in Crypto
with a pair of Public and Private Key
@donhylo
alice
[0x171]
$10
0
source: Karl Floersh, cryptoeconomics.study
nonces = {
0x171: 0,
}
nonces = {
0x171: 1,
}
balances = {
0X171: 50,
0x3f3: 0,
}
balances = {
0X171: 40,
0x3f3: 10,
}
@donhylo
alice
[0x171]
$10
0
source: Karl Floersh, cryptoeconomics.study
nonces = {
0x171: 0,
}
nonces = {
0x171: 1,
}
balances = {
0X171: 50,
0x3f3: 0,
}
balances = {
0X171: 40,
0x3f3: 10,
}
$20
1
$20
1
nonces = {
0x171: 2,
}
balances = {
0X171: 20,
0x3f3: 10,
0xbad: 20,
}
private key
address
@donhylo
@donhylo
alice
[0x171]
$49
source: Karl Floersh, cryptoeconomics.study
$49
output
is_spent
$100
value: 100 owner: 0x171
0
{
{
{
inputs: [0],
outputs: [
{value: 49, owner: 0x3f3},
{value: 49, owner: 0x8t6},
{value: 2, owner: 0x171},
],
sigs: [ ]
}
value: 49 owner: 0x3f3
value: 49 owner: 0x8t6
value: 2 owner: 0x171
0
0
0
1
{
{
{
{
{
{
@donhylo
jing
[0x8t6]
$35
source: Karl Floersh, cryptoeconomics.study
output
is_spent
$49
value: 100 owner: 0x171
{
{
{
inputs: [2],
outputs: [
{value: 35, owner: 0xUt2},
{value: 14, owner: 0x8t6},
],
sigs: [ ]
}
value: 49 owner: 0x3f3
value: 49 owner: 0x8t6
value: 2 owner: 0x171
0
0
0
1
{
{
{
{
{
{
1
value: 14 owner: 0x8t6
0
{
{
value: 35 owner: 0xUt2
0
{
{
@donhylo
alice
[0x171]
node a
node b
source: Karl Floersh, cryptoeconomics.study
$10
$10
$10
$10
@donhylo
previous block hash
merkle root
difficulty target
timestamp
nonce
previous block hash
merkle root
difficulty target
timestamp
nonce
previous block hash
merkle root
difficulty target
timestamp
nonce
block11
block6
block7
block8
block9
block10
@donhylo
expected value
block reward
hash power for the participant
number of tokens rewarded each block
@donhylo
@donhylo
@donhylo
@donhylo
@donhylo
[output]
[output]
[output]
source: Ethereum, Gas, Fuel & Fees
@donhylo
fee = (startGas — remainingGas) × gas price
@donhylo
@donhylo
Bitcoin | 3 tx/s |
Ethereum | 10 tx/s |
PayPal | 200 tx/s |
Credit Card | 5,000 tx/s |
IoT | 50,000–70,000 tx/s |
200,000 tx/s |
source: epicenter podcast #248 bloXroute
@donhylo
@donhylo
+ 25 %
+ 1.000 %
M2 – Oferta de Dinero en Estados Unidos
precio del Bitcoin
@donhylo
A self-hosted wallet should be verified in order to be used with exchanges
Stablecoins might be considered unregistered securities
US banks can use public blockchain and stablecoins as a settlement layer in the US
@donhylo
collateral
dai
$300
$180
@donhylo
@donhylo
source: DefiPulse
@donhylo
Collateral
ETH, BTC, etc
Loan
stablecoin
Yield Farming
Governance
Smart Contract
Smart Wallet
Debit Card
APY