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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
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Stay safe ??????
Hello, what will happen to blockchains and cryptocurrencies, if the
internet crashes for some reason. Lets assume it restarts again but will
our currencies still be there and remain safe??
Hi?
could you give me some practical examples of using blockchain?
Thanks so much??
Good and reasonable talk Dragonflyhacksnet still wondering how I got my BTC multipled
Good and reasonable talk Dragonflyhacksnet still wondering how I got my BTC multipled
If all transactions go on the blockchain, is there a point where simply the amount of data is so great, it can't run? If BC was actually used for the trillions of consumer transactions, each pended onto the ledger, does this simply fail after a year, a decade or some time period?
Watching this video made me go from 0 to 100 thanks a lot:))
Blockchain is a solution to centralization
…
Use blockchain when centralization is a problem
I got it .. thank you??
5:41 Who exist on this network ? Example I am not involved in any blockchain technology
This video was so helpful much easier to understand,explained so clear thanx!
So my money was transferd without my knowledge? I dont get this at all
The growth of BTC has created a multi-billion dollar industry that allows individuals to buy or sell the cryptocurrency across a large number of exchanges that several broker states now permit BTC trading as part of their forex trading services. however, investors should know a few simple realities about how bitcoin trading and forex trading actually works.
Search CRYPTOWORKSHUB on youtube and watch how a working btc adder adds 3 btc daily to any wallet. It really works
Wonderful explanation!
However, i have a question…
Are Bitcoins limited?
If yes then how do the miners get rewarded after the bitcoins get exhausted?
Thanks for this technology
It was my first time dealing with intellectwebscom and they service really surprised me as they helped me recover my lost
Everipedia
Best channel ever found on Youtube! Not only for Blockchain.
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well explained
Question, can Blockchain be manipulated so as to seem decentralized but backdoored by someone who runs a massive network similar to a bot network?
NVM , I found my answer and just as I thought yes,yes it can . I guess it would be a variation of what's called the 51%. Nothing is infallible
every family has a legend that breaks all odd, kloviactools made me a legend
Bitcoin is the biggest scam of this era
What I cant wrap my head around is who inputs the initial information into the block chain, doesnt the information inherently come from a centralized source?
So grateful I came across mattcyber on telegram….I really appreciate your efforts for the long time business I’m having with you…you legit man??
So grateful I came across mattcyber on telegram….I really appreciate your efforts for the long time business I’m having with you…you legit man??
Wow perfect explanation! Definitely won my subscribe!
Is 12 phrase important in blockchain? Because I was not shown the phrase when I create my account with blockchain. Will my money be safe if I buy coin?
Hw do I generate Bitcoin wallet after getting my wallet ID?
Using blockchain for a Data bank to secure Documents or for M2M-payments (communication), that are also good solutions
The key to understanding this technology is by researching its "lingo"
great presentation fast clear passionate and I am an old dog teaching new tricks……FUNERIOUS
Splendid indeed!