Leading Bitcoin Expert EXPOSES Why Bitcoin Is Unhackable!

Описание к видео Leading Bitcoin Expert EXPOSES Why Bitcoin Is Unhackable!

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In this episode, we sit down with Eric Yakes, author of The Seventh Property, to break down how Bitcoin's cryptography works and why it's so secure. We dive into the Discrete Log Problem, a crucial element in elliptic curve cryptography that makes it nearly impossible to reverse point multiplication, which secures Bitcoin transactions. Eric explains how finite field math and elliptic curves are used in public key cryptography, showing how Bitcoin wallets generate private and public keys. We also explore Bitcoin mining, how miners solve the proof-of-work puzzle, and why massive computational power is necessary to keep the network secure. The conversation touches on Bitcoin's energy use, its relation to prime numbers, and how miners are incentivized to find the cheapest electricity, contributing to renewable energy innovation.

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Please remember that an investment in Bitcoin carries inherent risks, and this content should not be considered financial or investment advice. Always do your own research before making any investment decisions. We are only here to help you start that research!

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