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2011/09-27 - SIPB Cluedumps

2011/09-27

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[edit] Bitcoin

Date: September 27, 2011, at 4:00 PM
Presenters: Duncan Townsend (duncant)
Location: 2-143
Abstract: Bitcoin is a currency. Just like any other currency, it can be used to buy and sell goods and services. However, bitcoin is decentralized; there is no bitcoin mint nor is there any authority for verifying transactions. The decentralized nature of bitcoin is achieved through some fancy cryptography. Come to this cluedump to find out more about the technical aspects of bitcoin as well as the social implications and the history of the bitcoin market.
Bio: Duncan Townsend is a Junior in Course 6-2. He is primarily interested in artificial intelligence, but he dabbles in other fields, like cryptography. He used to run a bitcoin anonymizing service until an exploit was found and he almost lost $11,000.
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