Blockchain Technology for Dummies - Blockchain Explained Simply
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Blockchain technology is a way of managing a ledger of records in a decentralized manner. It means that everyone participates in maintaining and updating the ledger, which makes it practically impossible to falsify.
While Blockchain technology is a good solution to the issue of centralization, it’s also very inefficient and slow, therefore it should only be used if the problem at hand is indeed centralization.
That’s Blockchain technology in a nutshell. If you want a more detailed explanation about the Blockchain and how Blockchain technology watch the complete video , here’s what I’ll cover:
0:54 - What blockchain aims to solve
2:48 - Bitcoin: the decentralization of money
3:10 - Decentralization opportunities
4:04 - Blockchain explained in a nutshell
5:16 - How does blockchain technology work
10:05 - Ethereum in a nutshell
10:26 - Private blockchains
11:40 - Public blockchains
11:58 - Is blockchain the next big thing?
13:12 - Conclusion
For the complete text guide visit:
https://99bitcoins.com/what-is-blockchain/
Join our 7-day Bitcoin crash course absolutely free:
http://bit.ly/2pB4X5B
Learn ANYTHING about Bitcoin and cryptocurrencies on our YouTube channel:
http://bit.ly/2BVbxeF
Get the latest news and prices on your phone:
iOS - https://apple.co/2yf02LJ
Android - http://bit.ly/2NrMVw2
Still have questions? Leave us a comment in the comment section below
Видео Blockchain Technology for Dummies - Blockchain Explained Simply канала 99Bitcoins
Blockchain technology is a way of managing a ledger of records in a decentralized manner. It means that everyone participates in maintaining and updating the ledger, which makes it practically impossible to falsify.
While Blockchain technology is a good solution to the issue of centralization, it’s also very inefficient and slow, therefore it should only be used if the problem at hand is indeed centralization.
That’s Blockchain technology in a nutshell. If you want a more detailed explanation about the Blockchain and how Blockchain technology watch the complete video , here’s what I’ll cover:
0:54 - What blockchain aims to solve
2:48 - Bitcoin: the decentralization of money
3:10 - Decentralization opportunities
4:04 - Blockchain explained in a nutshell
5:16 - How does blockchain technology work
10:05 - Ethereum in a nutshell
10:26 - Private blockchains
11:40 - Public blockchains
11:58 - Is blockchain the next big thing?
13:12 - Conclusion
For the complete text guide visit:
https://99bitcoins.com/what-is-blockchain/
Join our 7-day Bitcoin crash course absolutely free:
http://bit.ly/2pB4X5B
Learn ANYTHING about Bitcoin and cryptocurrencies on our YouTube channel:
http://bit.ly/2BVbxeF
Get the latest news and prices on your phone:
iOS - https://apple.co/2yf02LJ
Android - http://bit.ly/2NrMVw2
Still have questions? Leave us a comment in the comment section below
Видео Blockchain Technology for Dummies - Blockchain Explained Simply канала 99Bitcoins
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