Overview:
• In this session, the 2nd on day two, Wright discussed the future of Bitcoin and the
scalability of nChain’s blockchain solutions;
• In the third session on the second day, Wright discussed identity proofs;
• He discussed how identity can be demonstrated on the blockchain without exposing
sensitive information;
• Wright questioned the ease of privacy and discussed queries surrounding data
acquisition and disclosure;
• He compared Bitcoin to security certificates, noting issues with the current model;
• Bitcoin, blockchain, and tokenisation offer more control over data access and faster
detection of breaches or attacks;
• Using Bitcoin, it is possible to establish provable ownership of data, multi-sig
access, and pseudonymous investments while maintaining confidentiality and privacy.
Dr Craig S. Wright, Chief Scientist at nChain, held the first edition of his Bitcoin Masterclass series at an exclusive venue in London in January. The two-day immersive course forms part of a monthly series aimed at helping attendees understand the fundamentals of Bitcoin and the technology behind it.
The Bitcoin Masterclass series will give you a comprehensive overview of Bitcoin’s history, theory and design. Wright discussed the future of Bitcoin and the unbounded scalability of nChain’s blockchain solutions with potential use cases across several industries.
In the third session on the second day, Wright discussed Identity proofs. He further discussed how identity can be demonstrated on the blockchain without exposing sensitive information.
The Bitcoin Masterclass (London) Day 2: Identity proofs
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