About this episode
D++ is a computer engineer, coding professor, entrepreneur, and #Bitcoin educator known for her work in pioneering PLEBNET, a community dedicated to furthering Bitcoin's Lightning Network adoption worldwide. She also recently started corporate Bitcoin education company Cypher Institute. Follow her at www.twitter.com/D_plus_plus REFERRAL LINKS: Coin Stories is powered by BITCOIN 2023, which will be the BIGGEST BITCOIN EVENT IN HISTORY held in April 2023. If you missed Bitcoin 2022, make sure to head to @Bitcoin Magazine to find videos and highlights of all the biggest events and panels. You can get an early bird pass for Bitcoin 2023 at a steep discount if you head to: https://b.tc/conference/2023 *** Okcoin is on a mission to make crypto investing and trading easily accessible to anyone around the world. We are building the next generation of tools to help onboard the investors and traders who have been on the fence about crypto. Okcoin is a globally licensed exchange with offices in San Francisco, Miami, Malta, Hong Kong, Singapore and Japan. We are a collective of global citizens with a common passion to help decentralize finance and level the economic playing field for everyone around the world. Visit https://www.okcoin.com/natalie for $50 in Bitcoin when you sign up. *** With iTrustCapital, you can actually invest in crypto without worrying about taxes, or fees. iTrustCapital allows their clients to invest in crypto through an individual retirement account, or an IRA. IRAs are tax sheltered accounts, which means all your crypto trading is tax-free and can even grow tax-free over time. The best part is that it's totally free to open an account, and there are no hidden fees. You don't need to pay any monthly subscription or membership fees either. If you open and fund an account, you will get a $100 funding bonus added to your account. To learn more, click the link below and open a free account to learn more. https://itrust.capital/nataliebrunell *** Fold is the best Bitcoin rewards debit card and shopping app in the world! Earn Bitcoin on everything you purchase with the Fold's Bitcoin cashback debit card and spin the Daily Wheel to earn free Bitcoin. Head to https://www.foldapp.com/natalie for 5,000 in free sats! #bitcoin #cryptocurrency #inflation Timecodes: 00:00 Promo codes 01:58 Explaining the meaning behind D++ 04:41 What is C++? 05:12 Always interested in computer science? 05:42 Discovering BTC 06:16 Understanding Bitcoin mining 06:48 Simplest explanation of Bitcoin mining 07:38 Hashing operations 10:52 SHA-256 13:15 Same input will yield same output 14:53 SHA-256 demonstration 17:02 Bitcoin mining and blockchain demonstration 18:47 What is a nonce? 22:00 BTC mining computers aren't solving cryptographic puzzles 23:50 Finding the nonce 26:46 iTrustCapital break 27:34 Fold app break 28:07 Difficulty target adjustment and importance 30:04 Difficulty target is like a bicycle lock 32:08 Miners and nodes 33:17 Why is understanding BTC intimidating? 34:01 Why is the Bitcoin network rock solid? 34:47 Energy consumption 36:39 Mining pools 38:12 Threats to Bitcoin? 38:31 Cypher Institute: corporate Bitcoin education