What is the nonce? Is it possible guess it on the first try? How is the nonce found in mining pools? When a miner wins the block reward, how does the block know which address to pay? When does a miner transmit a block to the network? These questions are from the third session of MOOC 11, which took place on February 14th 2019. If you want early-access to talks and a chance to participate in the monthly live Q&As with Andreas, become a patron: https://www.patreon.com/aantonop RELATED: Consensus Algorithms, Blockchain Technology, and Bitcoin - https://youtu.be/fw3WkySh_Ho Advanced Bitcoin Scripting Part 1: Transactions and Multisig - https://youtu.be/8FeAXjkmDcQ Advanced Bitcoin Scripting Part 2: SegWit, Consensus, and Trustware - https://youtu.be/pQbeBduVQ4I What is Consensus: Rules without Rulers - https://youtu.be/2tqo7PX5Pyc Forkology: A Study of Forks for Newbies - https://youtu.be/rpeceXY1QBM Bitcoin: Where the Laws of Mathematics Prevail - https://youtu.be/HaJ1hvon0E0 Software distribution security - https://youtu.be/_V0vqy046YM What is mining? - https://youtu.be/t4p4iMqmxbQ The mining process - https://youtu.be/L4Xtau0YMJw Nonces, mining, and quantum computing - https://youtu.be/d4xXJh677J0 Miners, pools, and consensus - https://youtu.be/JHz7LM4ncLw What is difficulty targeting? - https://youtu.be/h429LCTRmQw Genesis block and coinbase transactions - https://youtu.be/strhfzJ56QE Cryptographic primitives - https://youtu.be/RIckQ6RBt5E The rules of Bitcoin (part 1) - https://youtu.be/VnQu4uylfOs The rules of Bitcoin (part 2) - https://youtu.be/vtIp0GP4w1E Rules versus rulers - https://youtu.be/9EEluhC9SxE The value of proof-of-work - https://youtu.be/ZDGliHwstM8 Migrating to post-quantum cryptography - https://youtu.be/dkXKpMku5QY Could a state-sponsored 51% attack work? - https://youtu.be/KUd8ZGgm6Qo Honest nodes and consensus - https://youtu.be/KAhY2ymI-tg Spam transactions and Child Pays For Parent (CPFP) - https://youtu.be/t3c0E4fkSNs Is Bitcoin a democracy? - https://youtu.be/TC3Hq76UT5g Decentralized power, leaderless governance - https://youtu.be/E5VbDlQTPzU Scaling, trust, and trade-offs - https://youtu.be/vCxmHwqyJWU What is the role of nodes? - https://youtu.be/fNk7nYxTOyQ Why running a node is important - https://youtu.be/oX0Yrv-6jVs Lightning, full nodes, and miners - https://youtu.be/dlJG4OHdJzs Running nodes and payment channels - https://youtu.be/ndcfBfE_yoY What happens during a fork? - https://youtu.be/XBk8hBJ1xVo Spam transactions and Child Pays For Parent (CPFP) - https://youtu.be/t3c0E4fkSNs Energy consumption - https://youtu.be/2T0OUIW89II Solar energy and mining in space - https://youtu.be/cusakcpa8AM Bitmain and ASICBoost allegations - https://youtu.be/t6jJDD2Aj8k