What are test networks and why are the coins on them worthless?

About this video

Hand-picked by a BrighterTube curator · found via Reddit r/AskScienceDiscussion thread: I put together a list of science YouTube channels · 82% confidence

Explains test networks and why their tokens lack value. Teaches the technical purpose of test networks and the economic reasoning behind their valueless coins.

A 3-minute video from Thinklair: “What are test networks and why are the coins on them worthless?”.

Programming & CS Economics

Video by Thinklair, played through YouTube's embedded player.

3:17

Are stablecoins actually stable? Part 1 of 2.ThinklairEconomics

33 views

3:33

Why is so much money lost in the cryptocurrency world?ThinklairEconomics

36 views

But how does bitcoin actually work?3Blue1BrownProgramming & CS

Intro18.1M views

1:18:14

2. Money, Ledgers & Bitcoin MIT OpenCourseWareEconomics

1.91M views

1:21:07

15. Central Banks & Commercial Banking, Part 1 MIT OpenCourseWareEconomics

312K views

19:37

Why is Japan So Weak in Software?AsianometryEconomics

968K views

But what is a neural network? | Deep learning chapter 1 3Blue1BrownScience & Math

Intro25.1M views

Let's build GPT: from scratch, in code, spelled out.Andrej KarpathyProgramming & CS

8.21M views

The spelled-out intro to neural networks and backpropagation: building micrograd Andrej KarpathyProgramming & CS

Intro4.41M views

24:26

The Beauty of Bézier Curves Freya HolmérProgramming & CS

2.23M views

2:27:41

CS50x 2024 - Lecture 1 - C CS50Programming & CS

Intro1.41M views

Ruby Conf 12 - Y Not- Adventures in Functional Programming by Jim Weirich ConfreaksProgramming & CS

65.7K views

3:17

Are stablecoins actually stable? Part 1 of 2.

Thinklair

33 views

A 3-minute video from Thinklair: “Are stablecoins actually stable? Part 1 of 2.”.

3:33

Why is so much money lost in the cryptocurrency world?

Thinklair

36 views

A 4-minute video from Thinklair: “Why is so much money lost in the cryptocurrency world?”.

But how does bitcoin actually work?

3Blue1Brown

Intro18.1M views

How a cryptocurrency ledger actually works: signatures, hashing and proof of work, built up from a shared ledger.

1:18:14

2. Money, Ledgers & Bitcoin

MIT OpenCourseWare

1.91M views

Money, ledgers and Bitcoin: what money is and how a distributed ledger tries to provide it.

1:21:07

15. Central Banks & Commercial Banking, Part 1

MIT OpenCourseWare

312K views

Central banks and commercial banking, and how digital currencies relate to them.

19:37

Why is Japan So Weak in Software?

Asianometry

968K views

Why Japan, a hardware powerhouse, never built a strong software industry: keiretsu, employment practices and procurement.

But what is a neural network? | Deep learning chapter 1

3Blue1Brown

Intro25.1M views

Builds up what a neural network actually is — neurons as numbers, layers, weights and biases — using handwritten-digit recognition as the running example.

Let's build GPT: from scratch, in code, spelled out.

Andrej Karpathy

8.21M views

Building a GPT-style language model from scratch in code, following 'Attention Is All You Need'.

The spelled-out intro to neural networks and backpropagation: building micrograd

Andrej Karpathy

Intro4.41M views

Building micrograd, a tiny autograd engine, to understand backpropagation completely.

24:26

The Beauty of Bézier Curves

Freya Holmér

2.23M views

Freya Holmér builds Bézier curves from linear interpolation up, covering de Casteljau's algorithm, derivatives, arc length and their use in games and graphics.

2:27:41

CS50x 2024 - Lecture 1 - C

CS50

Intro1.41M views

CS50x 2024 lecture 1: an introduction to C — syntax, types, conditionals, loops and compiling.

Ruby Conf 12 - Y Not- Adventures in Functional Programming by Jim Weirich

Confreaks

65.7K views

Jim Weirich derives the Y combinator live, step by step, using nothing but Ruby lambdas, and along the way teaches the refactorings of lambda calculus.