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Lecture 3 — Mechanics of Bitcoin

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Published on Mar 2, 2015

Third lecture of the Bitcoin and cryptocurrency technologies online course.

For the accompanying textbook, including the free draft version, see: http://bitcoinbook.cs.princeton.edu/

In this lecture (click the time to jump to the section):
* Bitcoin transactions 1:44
* Bitcoin scripts 11:42
* Application of Bitcoin scripts 27:20
* Bitcoin blocks 42:09
* The Bitcoin network 47:58
* Limitations & improvements 1:08:02

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