Developer Basecamp 13 – Session 1: Bitcoin & Ethereum

In Developer Basecamp 13 Session 1, we deep dived into the foundations of the two most influential blockchains.

We explored Bitcoin’s monetary policy, Proof of Work, UTXO model, and cryptographic structures like digital signatures, hashes, and Merkle Trees. In the second half of the session, we discussed Ethereum’s account-based model, Merkel Patricia Trie, Proof of Stake, the Ethereum Virtual Machine, and Solidity.

Useful links:
Playlist: https://www.youtube.com/playlist?list=PLMXIoXErTTYV-Pd6tXu0TzsQ2EYQ5bBEh
Slides: https://docs.google.com/presentation/d/1_ty56q4haa9FFCe2NTFhiy5Po08UwiuavSAgYDnQcYs/edit?usp=drive_link

Timestamps
00:00:04 – Welcome & Basecamp Team Introduction
00:04:56 – Beyond Basecamp: Hackathons & Startup Houses
00:07:44 – Program Structure: Sessions, Scoring & Graduation
00:12:22 – The Genesis of Bitcoin & Satoshi Nakamoto
00:16:36 – Currency Debasement & Why Bitcoin Matters
00:25:00 – Proof of Work Explained Simply
00:32:22 – UTXOs & Double-Spending Prevention
00:37:03 – Digital Signatures & Private Key Security
00:46:24 – Why Bitcoin Is a Blockchain (Blocks & Hashing)
00:52:52 – Merkle Trees
00:58:37 – Mining Difficulty & Nonce in Proof of Work
01:01:07 – Ethereum’s Origins & Vitalik Buterin’s Vision
01:05:44 – Smart Contracts & Solidity on Ethereum
01:11:26 – The Halting Problem & Why Gas Exists
01:17:16 – Merkle Patricia Tries & Ethereum’s Global State
01:24:43 – Consensus Layers: Execution vs. Proof of Stake
01:27:17 – Final Comparison: Bitcoin vs. Ethereum

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