1. Introduction for 15.S12 Blockchain and Money, Fall 2018
MIT OpenCourseWareYouTube ↗
Further reading 1
Caption notes
Gensler frames consensus as deciding who appends the next block. Independently validating a transaction and getting many participants to choose a common history are distinct requirements.
Video or transcript source ↗Original passages · 2
peer to peer without a centralized intermediary?how do you decide who appends that next block?