The emergence of blockchain technology happened right after the 2008 economic crash, when a lot of people lost their live’s savings and lost trust in the established financial institutions. Somebody by the of Satoshi Nakamoto published a white paper way back in 2008 which mentioned the name of a decentralized peer to peer currency named Bitcoin. In this module you will get a brief understanding of peer to peer systems. As I have mentioned in the previous section, for the best learning experience, follow the videos in a chronological manner.
Note – “Bits and coins” in not the owner of any of the following videos. Instead we have embedded YouTube links to this page.
- What is Peer to Peer or P2P?
2. How the Peer to Peer network works?
3. What is a ledger?
4. Distributed Ledger System
5. Four generations of Distributed Ledger Technology