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Lecture 3 — Mechanics of Bitcoin

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Third lecture of the Bitcoin and cryptocurrency technologies online course. Course website: https://piazza.com/princeton/spring2015/btctech/home

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In this lecture (click the time to jump to the section):
* Bitcoin transactions 1:44
* Bitcoin scripts 11:42
* Application of Bitcoin scripts 27:20
* Bitcoin blocks 42:09
* The Bitcoin network 47:58
* Limitations & improvements 1:08:02