In this week's episode, we embark on a multi-part series to look at the world of crypto and attempt to demystify and explain it. In this Part 1 of the series, we start with the basics: the blockchain, the coins, and the tokens. sprocket888 and viperxl007 start introducing the series and then level setting with their personal history in the crypto world. Then we will take a look at the basics and attempt to explain many of the fundamental terms and concepts.

• 00:00 Disclaimer
• 00:20 Intro
• 01:45 What is crypto opening comments
• 03:21 Multi-part crypto series overview
• 05:07 What is sprocket888's first dealings with crypto?
• 11:35 What is viperxl007s first impressions of crypto?
• 13:41 What is a block-chain?
• 18:13 What is a SHA-256 hash?
• 20:28 How do miners and mining fit into the picture?
• 23:40 How is coin minting controlled?
• 25:15 Is there a transaction throughput concern?
• 26:04 What is a "Network Gas Fee" in crypto?
• 28:21 What exactly is a coin?
• 31:45 What exactly is a token?
• 34:40 Real world example of coins and tokens
• 42:25 Why should I care about all this?
• 45:42 Final thoughts on Part 1 of the multi-part series
• 51:35 Closing Comments

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