Next generation crypto currencies such as Ethereum, Neo and Zen Protocol are focused heavily on smart contracts. Learning how smart contracts work in Bitcoin is a great way to get introduced to this topic. It also helps you understand more of the details of how a regular Bitcoin transaction works.
While I covered this in Part 1, I did leave out the details regarding the usage of the Bitcoin script language for verification of transactions. That will be covered here.
Videos in series:
- Cryptography Intro https://youtu.be/MjHDWWLAQlM
- Bicoint Part 1: Wallets and Transactions https://youtu.be/WmkrOwrxNGk
- Bitcoin Part 2: The Blockchain and Mining https://youtu.be/VV9KQFwIYxs
- Bitcoin Part 3: Smart Contracts https://youtu.be/No8bacycrBQ
- Ripple Payment System https://youtu.be/_TXduhKbe-c