5Blockchain and Money - Blockchain Basics and Transactions, UTXO, & Script Code
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Course
Economic
Institution
This course is for students wishing to explore blockchain technology’s potential use—by entrepreneurs and incumbents—to change the world of money and finance. The course begins with a review of Bitcoin and an understanding of the commercial, technical, and public policy fundamentals of blockc...
,Class 5 (9/20): Study Questions
• How does Bitcoin record transactions? What is unspent transactio
output (UTXO)? What is script code embedded in each Bitcoin
transaction and how flexible a programming language is it?
• As many design features pre-date Bitcoin, what was the novel
innovation of Santoshi Nakamoto?
• Who is Satoshi Nakamoto? (Only kidding a bit.)
2
, Class 5 (9/20): Readings
• ‘Bitcoin’s Academic Pedigree’ Narayanan and Clark
• ‘Making Sense of Cryptoeconomics’ CoinDesk
3
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