Concept of Pseudonymity | Currency Generation | Blockchain Tutorial Part-3 | Intellipaat
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In this video, “Concept of Pseudonymity & Currency Generation (Blockchain Part 3)”, you will be learning the next steps of gaining expertise in Blockchain. In this video, we will cover proof of work concepts in Blockchain, currency generation and the concept of Pseudonymity. We will also help you understand the security properties of Hash Functions, anonymity Examples and their importance in Cryptocurrency. Why wait, when you can start immediately?
🔵 What is Pseudonymity?
Pseudonymity refers to the use of a fake character to carry out activities without disclosing your actual identification. In terms of blockchain security, this means that even if the identity of the individual performing transactions is unknown, all of their transactions may be connected to the same pseudonymous identity.
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Following topics are covered in this session:
00:00 - Introduction
1:09 - Proof of Work
11:48 - Currency Generation
23:05 - Benefits of Blockchain
24:08 - Anonymity & Pseudonymity in Cryptocurrency
29:38 - Programmable Money
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