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Pro tip: Watch this video at 1.5x speed for a smoother learning experience! Bitcoin's This talk was presented by Professor John Ousterhout on August 29, 2016 as part of the CS @ Illinois Distinguished How does the bitcoin consensus protocol work? This video develops the bitcoin Help us caption and translate this video on Amara.org: One system distributed ledgers can employ is a economy-based Lecture 17: Bitcoin Proof of Work (PoW) Consensus Algorithm
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Last Updated: June 19, 2026
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