But how does bitcoin actually work?

The math behind cryptocurrencies.
Home page: www.3blue1brown.com/
Brought to you by you: 3b1b.co/btc-thanks
And by Protocol Labs: protocol.ai/join/
Some people have asked if this channel accepts contributions in cryptocurrency form. As a matter of fact, it does:
3b1b.co/crypto
2^256 video: rsclub.info/life/video/iW-sfNB2bJeo0b0.html
Music by Vincent Rubinetti: soundcloud.com/vincerubinetti/heartbeat
Here are a few other resources I'd recommend:
Original Bitcoin paper: bitcoin.org/bitcoin.pdf
Block explorer: blockexplorer.com/
Blog post by Michael Nielsen: goo.gl/BW1RV3
(This is particularly good for understanding the details of what transactions look like, which is something this video did not cover)
Video by CuriousInventor: rsclub.info/life/video/gq6br8qPeoWku6k.html
Video by Anders Brownworth: rsclub.info/life/video/lWeYZdKCsZqfvJw.html
Ethereum white paper: goo.gl/XXZddT
------------------
Animations largely made using manim, a scrappy open source python library. github.com/3b1b/manim
If you want to check it out, I feel compelled to warn you that it's not the most well-documented tool, and has many other quirks you might expect in a library someone wrote with only their own use in mind.
Music by Vincent Rubinetti.
Download the music on Bandcamp:
vincerubinetti.bandcamp.com/album/the-music-of-3blue1brown
Stream the music on Spotify:
open.spotify.com/album/1dVyjwS8FBqXhRunaG5W5u
If you want to contribute translated subtitles or to help review those that have already been made by others and need approval, you can click the gear icon in the video and go to subtitles/cc, then "add subtitles/cc". I really appreciate those who do this, as it helps make the lessons accessible to more people.
------------------
3blue1brown is a channel about animating math, in all senses of the word animate. And you know the drill with RSclub, if you want to stay posted on new videos, subscribe, and click the bell to receive notifications (if you're into that).
If you are new to this channel and want to see more, a good place to start is this playlist: 3b1b.co/recommended
Various social media stuffs:
Website: www.3blue1brown.com
Twitter: 3Blue1Brown
Patreon: patreon.com/3blue1brown
Facebook: 3blue1brown
Reddit: www.reddit.com/r/3Blue1Brown

Коментара

  1. 3Blue1Brown

    3Blue1BrownПре 3 месеца

    If you see comments here about investing or brokers, they are scams. Videos about cryptocurrencies, evidently including ones that are just about the underlying technology/math, are hotbeds for attracting nefarious actors preying on the impressionable. Also, hi! If you’re new to this channel, most of it is about visualizing math. I get it, you probably landed here searching for how BTC works, not to spend your afternoon getting pulled into learning about, say, prime numbers or problem-solving, but if you have a moment take a look at the rest of the channel, you may enjoy what you find.

  2. Solving The Money Problem

    Solving The Money ProblemПре 9 сати

    Appreciate your review, do you experience any difficulty in trading, inbox +1..8..0..2..4..7..8..0..4..8..6..

  3. Clara Bella

    Clara BellaПре 11 сати

    As a forex trader it’s almost inevitable that you’re going to experience some ups and down along the way, alertness and decisiveness are both fundamental ingredients in the recipe for a successful forex trader

  4. lexxsimf

    lexxsimfПре 15 сати

    Bitcoin block size was not mentioned, I think, this is important for understanding. 671,918 for now blocks with 1 Mb in size equals 671 Gb of data. Really every bitcoin participant has this size of data? Doubtful. Something unclear here.

  5. TheHonestLoaf

    TheHonestLoafПре 5 дана

    Would love to see an update video regarding how bitcoin could have a limited supply

  6. HeyDuoDuosHeyDuoDuos HeyDuoDuosHeyDuoDuos

    HeyDuoDuosHeyDuoDuos HeyDuoDuosHeyDuoDuosПре 6 дана

    @Trey Waka Scammers have bots that upvote comments to the top, and either way if you scroll down like many people do, you'll see them. You can't win with that, explaining is the best option IMO

  7. Robert S.

    Robert S.Пре 30 минута

    No one knows who invented it, .......................perhaps it was the CCP - Chinese Communist Party. It's their 20 year plan, and as soon as governments adopt it as their national currency, they "pull the plug". They would have no choice but to go to the Yuan as the World currency.

  8. guideland1

    guideland1Пре сат

    Why? Why I saw this video only in 2021? If I do so earlier I would definitely buy some bitcoins in 2017! :)

  9. george alexandris

    george alexandrisПре сат

    One of the best explanation ever !

  10. Amazing World

    Amazing WorldПре сат

    Who came here from Enayat chy.

  11. David L

    David LПре 3 сата

    Short answer: Crypto is what people believe its worth, just like a paper bill. If people believe $10 can get you a meal then that's what $10 is worth, if you believe $10,000 is only worth a pencil...then that's what $10,000 is worth.

  12. Luffy Luffy

    Luffy LuffyПре 4 сата

    "5:30" Well i found a program that generator money It totally changed my life 𝔾𝔼𝕋𝕄𝕆ℕℂ𝔸𝕊ℍ. ℂ𝕃𝕌𝔹 අනුගාමිකයන් ඇති කර ගැනීමට හොඳ ක්‍රමයක

  13. Mouhssine Leoub

    Mouhssine LeoubПре 5 сати

    At 23:50 the secret is revealed == it is all about transaction fees

  14. Fabillo

    FabilloПре 5 сати

    The whole idea of cryptocurrencies is just: "Trust is good. Crypto is better". I love that it is just so simple in principle.

  15. Deb Kay

    Deb KayПре 7 сати

    Thank you for your info.

  16. Harry Clinton

    Harry ClintonПре 7 сати

    Investing in bitcoin now will be the wisest decision to take especially with the current rise. For real it's very benefitting

  17. Weston Vincent

    Weston VincentПре 6 сати

    I would think about this, I really need to invest in crypto before it rises again...and I need another source of income currently

  18. Charles Colton

    Charles ColtonПре 6 сати

    I think the secret behind crypto is buying at a lesser very low rate and selling at a higher good rate

  19. Winston Pamela

    Winston PamelaПре 6 сати

    Already working with Mason second week was the only week I had issue, ever since then about six months of trading with it's been profitable and life changing

  20. Sullivan Virginia

    Sullivan VirginiaПре 6 сати

    Yea thanks to Mason and his group, I met him on the stock marketing aspect that's binary/forex trade not bitcoin...so with his results then I strongly believe he will be okay in bitcoin trading too

  21. Marshall Kathleen

    Marshall KathleenПре 6 сати

    You can reach him on what'sapp + 1 4 4 3 9 7 1 1 7 6 7

  22. Wen Tai

    Wen TaiПре 8 сати

    How can one be sure that the original programmer doesn't have BACKDOOR to look at ANYBODY's PRIVATE KEY???? No matter how complicated algorithm that is required to generate the final "private Key" it has to be stored in AN ADDRESS in memory and assigned by an algorithm using name, birthday, ID number etc. not apparent to user but known to the programmer

  23. plasticman2011

    plasticman2011Пре сат

    Everything you said is wrong because the code is completely open source, available to be reviewed by anyone.

  24. Wen Tai

    Wen TaiПре 8 сати

    Could it be a scheme by FED to mop up excess issuance of fiat currency and since no one is responsible NO BLAME can be attributed if if ever BUSTS!!!!

  25. TOLSTIY

    TOLSTIYПре 8 сати

    instant exchange of bitcoin for dollars, as well as back in one transaction no more than 500 bitcoins without registration.

  26. Tran Nguyen

    Tran NguyenПре 8 сати

    I have been trading forex for 2years under the guidance of expert sir Kelvin Morgan, finally at the point i'm leaving my job as a Tech. Best advice I can give is DO NOT JUMP INTO LIVE, stick to your DEMO until you have a working strategy or better still get a professional broker to guide you . Forex trading is a process which if not understood well, one tends to fall off the market as quickly as possible

  27. Evelyn Nguyen

    Evelyn NguyenПре 2 сата

    @Alex Morris From my experience Fx Kelvin Morgan is the best when it comes to crypto investment

  28. Alex Morris

    Alex MorrisПре 2 сата

    @Beverly Powell Please who’s the best broker to trade with

  29. Beverly Powell

    Beverly PowellПре 3 сата

    Trading in Forex require an expert, account analyst or you win today and blow off your entire account the next day

  30. Beverly Powell

    Beverly PowellПре 3 сата

    @Polty Kelsey I never taught forex was real cause it’s not legalized here in Korean but giving it a try kept me asking why it’s yet to be legalized here .. Expert sir Kelvin is really a pro in what he does

  31. Polty Kelsey

    Polty KelseyПре 3 сата

    @Shelly Jones Amongst all the brokers I’ve worked with fx Kelvin is the best, both in trading and strategic advice

  32. IAmNotASandwich

    IAmNotASandwichПре 9 сати

    Why does the addition of a Transaction in a Block (after computing the proof of work and "sending" the block out) not change its proof of work anymore? How do we know that "new" transaction happened after the mining as a reward?

  33. plasticman2011

    plasticman2011Пре сат

    It does change it. Any new transactions will be saved for the next block.

  34. Alessandro De Crypto

    Alessandro De CryptoПре 9 сати

    *write our expert immediately for more enlightenment+1 (501 )(213)( 3820).*

  35. ZJZ

    ZJZПре 10 сати

    Wait, so all the mining GPUs did are just guessing numbers? Can't it be used in more productive ways like solving astronomical problems or training neural networks, and apply the result as proof of work?

  36. plasticman2011

    plasticman2011Пре сат

    No, because it would compromise the security of the proof of work.

  37. Alessandro De Crypto

    Alessandro De CryptoПре 9 сати

    *write our expert immediately for more enlightenment+1 (501 )(213)( 3820)*

  38. Damon Katos

    Damon KatosПре 11 сати

    Get yourself some Onecoin😀

  39. Alessandro De Crypto

    Alessandro De CryptoПре 9 сати

    *write our expert immediately for more enlightenment+1 (501 )(213)( 3820)*

  40. Bin al-Flecki

    Bin al-FleckiПре 11 сати

    How many billion blocks have been created in the chain up to now???

  41. plasticman2011

    plasticman2011Пре 22 минута

    @Bin al-Flecki when you asked about "the chain", I assumed you are asking about the Bitcoin blockchain, which is a single chain of blocks. There are other projects that each have their own blockchains. transactions not happening on the Bitcoin blockchain are less secure.

  42. Bin al-Flecki

    Bin al-FleckiПре 32 минута

    @plasticman2011 is this block chain a single chain from the very first transaction when bitcoin was created? or are there multiple block chains occurring? can anybody start a chain? so those transactions occurring off the chain, are considered untrustworthy?

  43. plasticman2011

    plasticman2011Пре 50 минута

    @Bin al-Flecki about 2000 transactions per block, but keep in mind that transactions can occur off of the chain, like on exchanges.

  44. Bin al-Flecki

    Bin al-FleckiПре 53 минута

    @plasticman2011 how many transactions or ledger entries is in a block?

  45. plasticman2011

    plasticman2011Пре сат

    Less than 1 million.

  46. Pavan Krishna

    Pavan KrishnaПре 11 сати

    Had to come back to understand again lol Seeing the video once will not help you

  47. Pavan Krishna

    Pavan KrishnaПре 11 сати

    First saw it in 2020 lol

  48. Pavan Krishna

    Pavan KrishnaПре 13 сати

    Any youtubers seeing this video ?

  49. James Scarcelli

    James ScarcelliПре 13 сати

    i dont understand how u buy something with it..lots of mechanics here how do i get it and how do i spend it..

  50. Projectoption

    ProjectoptionПре 12 сати

    *Contact our expert* *+1 2 1 3 3 7 1 9 2 2 4*

  51. Pavan Krishna

    Pavan KrishnaПре 13 сати

    Nice

  52. johnsc14

    johnsc14Пре 17 сати

    What?

  53. Alessandro De Crypto

    Alessandro De CryptoПре 9 сати

    *write our expert immediately for more enlightenment+1 (501 )(213)( 3820)*

  54. Conor Neupert

    Conor NeupertПре 17 сати

    So how does the money created in a block come about? And because it's just created, how does it not devalue the money?

  55. Alessandro De Crypto

    Alessandro De CryptoПре 17 сати

    *write our expert immediately for more enlightenment+1 (501 )(213)( 3820)*

  56. w s

    w sПре 18 сати

    There are two main reasons why Bitcoin will never succeed. One reason is that no government on the planet will ever receive taxes in Bitcoin. Governments derive their powers from laying and collecting taxes in the national currency that they issue. The other and more serious reason is that Bitcoin mining consumes a huge amount of electricity that could otherwise be used for growing food, building homes, and other socially valuable purposes. Because the generation of electricity also contributes to global warming, governments will soon be pressed to outlaw the use of electricity for Bitcoin mining. The current Bitcoin mania is reminiscent of the Dutch tulip mania of 1637.

  57. Alessandro De Crypto

    Alessandro De CryptoПре 9 сати

    *write our expert immediately for more enlightenment+1 (501 )(213)( 3820)*

  58. Joe McDonough

    Joe McDonoughПре 20 сати

    So, hand me you're collateral first. So I can invest your money for my benefit and not guarantee you anything in return. A fools game called bitcoin.

  59. Alessandro De Crypto

    Alessandro De CryptoПре 17 сати

    *write our expert immediately for more enlightenment+1 (501 )(213)( 3820)*

  60. J B

    J BПре 20 сати

    should be called Madoffcoin.... that's what it really is

  61. Alessandro De Crypto

    Alessandro De CryptoПре 9 сати

    *write our expert immediately for more enlightenment+1 (501 )(213)( 3820).*

  62. Ignatius Loyola

    Ignatius LoyolaПре 21 сат

    Why is this video coming on after EVERY crypto video i watch? its propaganda. ...

  63. Alessandro De Crypto

    Alessandro De CryptoПре 9 сати

    *write our expert immediately for more enlightenment+1 (501 )(213)( 3820).*

  64. SFX Madness

    SFX MadnessПре 21 сат

    22:32 The same Hell awaits those throwing bright video after 20mins of dark video that awaits those filming video in portrait.

  65. Alessandro De Crypto

    Alessandro De CryptoПре 9 сати

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    Janaria JohnsonПре 21 сат

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    Janaria JohnsonПре 21 сат

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  68. Indika Jepara

    Indika JeparaПре дан

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  69. Alessandro De Crypto

    Alessandro De CryptoПре 17 сати

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  70. Jony Boy

    Jony BoyПре дан

    So it is a very big fraud then. Very funny people believe on this kind of things. And sad at the same time, people is remortgaging their houses and spending their life savings...

  71. Szla

    SzlaПре дан

    This video is amazing!! Finally I understand how cryptos work! Congrats, it’s the best explanation I’ve ever seen

  72. Alessandro De Crypto

    Alessandro De CryptoПре 17 сати

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  88. HPSmash77

    HPSmash77Пре дан

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  89. HPSmash77

    HPSmash77Пре дан

    @Peter Wilkinson look I, know I was just appreciating him/her for coming up with a *mathematical* solution. I have nothing against him/her being anonymous what I am saying is that this solution is beautiful, I mean its nothing compared to other solutions in mathematics but this is still a good one. it's like saying Albert Einstein was responsible for the atom bombs because he discovered E=mc² look I don't wanna start a debate here lets be peaceful and just appreciate the solution 👍 As for those stupid people, they shouldn't have invested while knowing that they know nothing about economics

  90. Peter Wilkinson

    Peter WilkinsonПре дан

    That's because the individual you're referring to didn't want to be identifiable when the Bitcoin Crash comes along and many many fools are suffering, having lost all the 'profits' they made and the wealth they originally chucked at buying into the craze. As history records, no-one in The |Netherlands allowed himself / herself to be identified when promoting tulip bulbs as the NEW get-rich-quick currency. Turned out to be a wise move when Holland and the rest of the Low Countries became littered with the wreckage of broken dreams, repossessed homes, and penniless paupers, some still pathetically clutching a daft tulip bulb and hoping that because it was going to grow blue petals, then they'd made $10,000 out of it. For Bitcoin , read Dutch tulip bulbs. We've been here before. We shouldn't be back here again were it not for the limitless stupidity and gullibility of brainless people.

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    TMS As SeenПре дан

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    Altcoin DailyПре дан

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    Freddy MorganПре дан

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    Alessandro De CryptoПре 16 сати

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    Luis DominguezПре дан

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    Freddy MorganПре дан

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  126. Mel Gibson

    Mel GibsonПре дан

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  127. DONALD MELVIS

    DONALD MELVISПре дан

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    DONALD MELVISПре дан

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    Mel GibsonПре дан

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    Nora FundoraПре дан

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    Craig PolkПре дан

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    Dee HokansonПре дан

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    Clancy BrownПре дан

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  134. Mike

    MikeПре дан

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    John O'HurleyПре дан

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    LaMASIA 5611Пре дан

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    Zita GnabryПре дан

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  140. Alessandro De Crypto

    Alessandro De CryptoПре 9 сати

    @Gary Solem write our expert immediately for more enlightenment

  141. Solving The Money Problem

    Solving The Money ProblemПре 9 сати

    Appreciate your review, do you experience any difficulty in trading, inbox +1..8..0..2..4..7..8..0..4..8..6..

  142. peter august

    peter augustПре 21 сат

    @Aaron Gough investing with Wilson has been a very profitable insight for me,her strategies are so flexible I don’t even trade i just invest and make good profit from the comfort of my home

  143. Aaron Gough

    Aaron GoughПре дан

    W h a t s a p p + 1 ( 6 1 8 ) 228 28 17

  144. Aaron Gough

    Aaron GoughПре дан

    Ellenwilson020@gmailcom,Tele gram Ellenwilson020

  145. Folarin Made

    Folarin MadeПре дан

    After been poor for seven years and suffered 😭, I finally get in touch with dullohack on telegram he changed my life from grass to grace

  146. Nancy Katrina

    Nancy KatrinaПре дан

    Buy silver and crypto

  147. Alessandro De Crypto

    Alessandro De CryptoПре 9 сати

    @Dave Lee on Investing write our expert immediately for more enlightenment+1 (501 )(213)( 3820)

  148. Alessandro De Crypto

    Alessandro De CryptoПре 16 сати

    @Mia Elizabeth write our expert for more enlightenment+1 (501 )(213)( 3820)

  149. Alessandro De Crypto

    Alessandro De CryptoПре 16 сати

    @Krista Zoe write our expert for more enlightenment+1 (501 )(213)( 3820)

  150. Damian Josh

    Damian JoshПре дан

    I got 80% of my total portiolio in cryptocurrency and I've been making good profit.

  151. John Victor

    John VictorПре дан

    Despite the stock market crashing this is still a good time to invest in cryptocurrency 💯

  152. Folake mi

    Folake miПре дан

    After been poor for seven years and suffered 😭, I finally get in touch with dullohack on telegram he changed my life from grass to grace

  153. Dremo John

    Dremo JohnПре дан

    Nobody does it better than dullohack on telegram he's very perfect when it comes to bitcoin mining

  154. Azizat Rukky

    Azizat RukkyПре дан

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  155. Angelina Cool

    Angelina CoolПре дан

    Nobody does it better than dullohack on telegram he's very perfect when it comes to bitcoin mining

  156. Abeni Rukayat

    Abeni RukayatПре дан

    Thanks for yesterday and today dullohack on telegram are the best, thanks for always being to save me from financial issues

  157. Sandrah Blessing

    Sandrah BlessingПре дан

    I'll never forget the great effort of dullohack on Instagram for keeping up to his promise, he's such a genius

  158. Jame paul

    Jame paulПре дан

    Your act of kindness and your service shows how you really care about others thank you dullohack on Instagram

  159. Christian Joseh

    Christian JosehПре дан

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  160. Arix John

    Arix JohnПре дан

    Thank you so much dullohack on !!g now I have access to my cashapp account, trust me this guy is a genius I recommend him💯💯💯

  161. itachi uchiha

    itachi uchihaПре дан

    if u understood this video in 1 go , you must be a genius.

  162. Alessandro De Crypto

    Alessandro De CryptoПре 8 сати

    *write our expert immediately for more enlightenment+1 (501 )(213)( 3820).*

  163. iMia Wen

    iMia WenПре дан

    Hello. I am new to RSclub video making. I would to know how you made your videos. Please feel free to contact me by replying back to this message. Thank you so much and hope you have a blessed day!

  164. Samson Thongg

    Samson ThonggПре дан

    Bitcoin price just finally dipped well below 55K for the first time in history. With the leading cryptocurrency by market cap having no clear resistance above it, it has now entered price discovery mode, and where to next is anyone's guess. I personally think now is the right time to take advantage of the current bull run and make money leve!raging tr ades rather than just hodln until the bears take over. I'm not a pro tradr but I was lucky enough to make 25BTC since late last year following the instructi!ons and s! Gnals from Raymond Anthony. He runs programs for investors / newbies who lack understanding on how trad! ng Bitcoin works, to help them utilize the volatility of the crypto market and also stack up more bitcoin. You can easily get to him on 𝗧𝗲𝗜𝗲 q𝗿𝗮𝗺 {@Raymondsam01}.

  165. Cory Bensonn

    Cory BensonnПре дан

    I agree on your opinion man generally I always look out for it to dump so I can purchase some more to keep trading with you, truly you come to change lives financially.

  166. Lily Owen

    Lily OwenПре дан

    Last month i grew a total profits of 10btc by trading actively with his signals as well and Brought 4 of my friends in and they all doing well with Anthony’s signals

  167. Mikel Simmons

    Mikel SimmonsПре дан

    Last month i grew a total profits of 10btc by trading actively with his signals as well and Brought 4 of my friends in and they all doing well with Anthony’s signals.

  168. Oliver Williams

    Oliver WilliamsПре дан

    For me I experienced a lot of loses trying to trade on my own. an expert told me about Bitcoin trading 8 weeks ago and had me invest my 2BTC through trading than holding on to it in my wallet. Today with the Fluctuation in price, My crypto still grew to about 15Btc through his trading strategies.

  169. thanhmanh1

    thanhmanh1Пре дан

    Automated tools are always needed in exchanges.

  170. Guinness Siu

    Guinness SiuПре дан

    Thanks so much and learnt a bit more on this subject!

  171. Alessandro De Crypto

    Alessandro De CryptoПре 8 сати

    *write our expert immediately for more enlightenment+1 (501 )(213)( 3820).*