Week 5 monday
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Transcript of Week 5 monday
![Page 1: Week 5 monday](https://reader030.fdocuments.us/reader030/viewer/2022032620/55c8c422bb61ebcd1c8b465d/html5/thumbnails/1.jpg)
BitCrumbs
Mason Liang
![Page 2: Week 5 monday](https://reader030.fdocuments.us/reader030/viewer/2022032620/55c8c422bb61ebcd1c8b465d/html5/thumbnails/2.jpg)
Bitcoins• A decentralized method for transferring value over the internet.
• Blockchain is a public ledger of pseudonymous transactions
• Each transaction consists of a set of inputs and outputs
![Page 3: Week 5 monday](https://reader030.fdocuments.us/reader030/viewer/2022032620/55c8c422bb61ebcd1c8b465d/html5/thumbnails/3.jpg)
Tracking Bitcoins
• Coinbase wants to check the history of bitcoins it receives.
• How can I see where bitcoins from an address have gone?
• Doing this manually is error-prone and tedious.
![Page 4: Week 5 monday](https://reader030.fdocuments.us/reader030/viewer/2022032620/55c8c422bb61ebcd1c8b465d/html5/thumbnails/4.jpg)
Text-Based Representation
![Page 5: Week 5 monday](https://reader030.fdocuments.us/reader030/viewer/2022032620/55c8c422bb61ebcd1c8b465d/html5/thumbnails/5.jpg)
Graphical Representation
• Height - number of tracked bitcoins at an output.
• Color - fraction of bitcoins in an output which are from the tracked address.
![Page 6: Week 5 monday](https://reader030.fdocuments.us/reader030/viewer/2022032620/55c8c422bb61ebcd1c8b465d/html5/thumbnails/6.jpg)
Grouping Transactions
• Number of inputs
• Number of outputs
• Transaction times
• Mining fees simplifies to
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About me (Mason Liang)
• EE undergrad at Princeton
• Computational Biology Phd at Berkeley
• Go and pottery in my free time