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Does The NSA Control Bitcoin (SHA-256)? 2 года назад


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Does The NSA Control Bitcoin (SHA-256)?

Get the "Ultimate Guide to Bitcoin" course: https://www.trader.university/courses... Use the discount code YT99 to get the best price. Get my best-selling Bitcoin book: https://www.amazon.com/gp/product/B08... Join the Trader University email list: https://www.trader.university/email-list In this video, I discuss the creation of SHA-256, how it works, and whether it can be used by the NSA to control Bitcoin. SHA-256, as used in Bitcoin's proof of work, provides a concrete way of proving that a Bitcoin miner "has done the work." There are no shortcuts: a Bitcoin miner must burn electricity and keep guessing numbers until he gets an output with the correct number of zeroes at the beginning. SHA-256 is perfect for this, since once you know the input, you can easily check it to see if the hashing algorithm spits out the correct hash. But it is difficult to come up with that input in the first place. This asymmetry lies at the heart of Bitcoin's security proposal. SHA-256 is not a secret or a black box. Further, there is no way that the NSA can use it to control or attack Bitcoin. Not investment advice! Consult a financial advisor. National Security Agency (NSA): https://en.wikipedia.org/wiki/Nationa... Edward Snowden: https://en.wikipedia.org/wiki/Edward_... SHA-2: https://en.wikipedia.org/wiki/SHA-2 Hexadecimal: https://simple.wikipedia.org/wiki/Hex... Mining Bitcoin with pencil and paper: http://www.righto.com/2014/09/mining-... SHA-256 tool: https://emn178.github.io/online-tools... Hex to binary converter: https://www.rapidtables.com/convert/n... My favorite Bitcoin dashboard: https://bitcoin.clarkmoody.com/dashbo... Bitcoin blockchain explorer: https://mempool.space/ Check out my online trading courses: https://www.trader.university/join Use this secret coupon code to get a discount: YT99 Check out my Amazon best-seller, "A Beginner's Guide to the Stock Market": https://www.amazon.com/Beginners-Guid... I am not being paid or otherwise compensated by any company or cryptocurrency project that I mention in my videos. My opinion is not for sale. Please do not contact me with any affiliate or advertising deals. #Bitcoin #NSA #SHA256 Disclaimer Neither Trader University, nor any of its directors, officers, shareholders, personnel, representatives, agents, or independent contractors (collectively, the “Operator Parties”) are licensed financial advisors, registered investment advisors, or registered broker-dealers. None of the Operator Parties are providing investment, financial, legal, or tax advice, and nothing in this video or at www.Trader.University (henceforth, “the Site”) should be construed as such by you. This video and the Site should be used as educational tools only and are not replacements for professional investment advice. There is a high risk in trading.

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