Bitcoin
This module focuses on the properties behind the second largest blockchain platform, Ethereum. We introduce the Ethereum Virtual Machine and the idea of Turing completeness, and study a number of the key protocol differences between Bitcoin and Ethereum, such as the UTXO vs. accounts model and functionality. We then look into a few of the use cases of Ethereum, and conclude with an overview of sensible contracts and building decentralized applications. Having spent the final modules totally on cryptocurrencies, this module encourages college students to think about blockchain use instances outside of cryptocurrency. Mechanics Of Bitcoin On 30 November 2020, the bitcoin value reached a model new all-time high of $19,860, topping the previous high of December 2017. Alexander Vinnik, founder of BTC-e, was convicted and sentenced to 5 years in jail for money laundering in France while refusing to testify during his trial. In December 2020 Massachusetts Mutual Life Insurance Company in...