Why you should attend Bitcoin Masterclasses #2: Multicast and IP2IP
Following the success of nChain’s first Bitcoin Masterclasses in London in January, the monthly series led by nChain Chief Scientist and Bitcoin Creator Dr. Craig Wright continues with its second installment in Ljubljana, Slovenia on February 22nd and 23rd.
For those who missed the first master class, the focus was Identity and Privacy. You can watch the Day 1 and Day 2 sessions on demand or just the highlights to get an idea of what to expect in Ljubljana, both in terms of format and quality of content.
Next week’s Bitcoin Masterclasses will focus on Multicast and IP2IP, which will include a lot of discussion around IPv6 and how Dr. Wright envisions the protocol interacting with Bitcoin.
“IPv6 is the underlying protocol that will completely change the way nodes communicate with each other – and will enable pure peer-to-peer transactions – without going through any Internet routes,” Dr. Wright explained to me.
“IPv6 is the killer app for Bitcoin, and multicasting is a killer feature in IPv6, so I think this is really important for people to understand,” he added.
Dr. Wright’s primary goal in Ljubljana is to help participants better understand Bitcoin, Multicasting and IP to IP. To do so, he encourages everyone to bring their questions and participate in the group discussion.
“The masterclasses are meant to teach people how Bitcoin works, to work through problems and scenarios and answer questions from the audience. I want to get people thinking about all the possibilities that Bitcoin gives them,” said Dr. Wright.
“I would have liked more questions and interactions [during the first Masterclass]but I’m sure as people get more comfortable with the Masterclass format, we’ll get more questions and interactions,” he said.
While of course it is not possible for all interested parties to travel to Slovenia for next week’s masterclasses, in-person attendance is strongly encouraged so that participants can actively participate in the discussion and interact individually with Dr. Wright during breaks.
The event is free to attend, both in person and online, and will take place from 9:30-16:30 local time on both days. Online registration is available through the nChain website and you can find the detailed schedule below. I will be at the event in person on behalf of CoinGeek and sincerely hope to see you there. Feel free to stop by and say hello if you can make it!
Day 1 – Wednesday 22 February
Registration: 09:30-10:00
Session 1: 10:00-11:00 IPv6 and multicast traffic
In the session, we cover the basic constructs and network foundations of both IPv6 and use of multicast. This will include a range of topics including effective broadcasting.
This would include one-to-many and many-to-many network communication formats.
Coffee: 11.00-11.20
Q&A/breakout: 11:20-11:30
Session 2: 11:30-12:30 Multicast, broadcast, unicast and anycast
In this session we look at the integration of different types of traffic distribution services.
This would include reliable messaging protocol systems, object management groups, data distribution services, and pragmatic general multicast.
Other topics will include explicit unicast (XCast) and distribution trees. Other topics for the session include peer casting.
Lunch: 12.30-13.30
Session 3: 13:30-14:30 Wallets and overlay services
In this session, we describe how multicast and related traffic types can be integrated into bitcoin wallets and create versioned data sets and information that are limited to the selected broadcast or multicast. In this, specialist nodes can send to selected types of services and versioned data.
Coffee: 14.30-14.50
Questions and answers/Breakout: 14.50-15.00
Session 4: 15:00-16:00 exercise one.
The workshop class will develop solutions based on what they have learned so far.
Closing/questions and answers: 1600-1630
Day 2 – Thursday 23 February
Registration: 09:30-10:00
Session 5: 10:00-11:00 Source-specific multicast and concepts related to push technology.
Coffee: 11.00-11.20
Q&A/breakout: 11:20-11:30
Session 6: 11:30-12:30 exercise two
In this session, we continue to work on the ideas covered in exercise one and expand to use non-broadcast multiaccess networks and overlays.
Lunch: 12.30-13.30
Session 7: 13:30-14:30 Dedicated Backup Path Protection (DBPP) and SBPP for multicast connections
This session will examine redundancy and secure sending, including the integration of micropayment-based transaction paths.
Coffee: 14.30-14.50
Questions and answers/Breakout: 14.50-15.00
Session 8: 15:00-16:00 exercise three
In this session we bring together all the different technologies and develop ideas around how to use them with Bitcoin.
End of the event: 16.00-16.30
See: Bitcoin Masterclasses Identity and Privacy
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