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How does a blockchain work - Simply Explained
 
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What is a blockchain and how do they work? I'll explain why blockchains are so special in simple and plain English! 💰 Want to buy Bitcoin or Ethereum? Buy for $100 and get $10 free (through my affiliate link): https://www.coinbase.com/join/59284524822a3d0b19e11134 📚 Sources can be found on my website: https://www.savjee.be/videos/simply-explained/how-does-a-blockchain-work/ 🐦 Follow me on Twitter: https://twitter.com/savjee ✏️ Check out my blog: https://www.savjee.be ✉️ Subscribe to newsletter: https://goo.gl/nueDfz 👍🏻 Like my Facebook page: https://www.facebook.com/savjee
Views: 2023965 Simply Explained - Savjee
TED Talks: The Blockchain Explained Simply
 
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YOcoin based on the Ethereum Blockchain is Bitcoin 2.0 This is the Future of Cryptocurrency... Sign up and purchase YOcoin at the secure link below. www.YOcoinEX.org or www.YOcoinUSA.org Feel free to ask any questions Learn more at www.YOcoin.org Facebook- www.Facebook.com/YOcoinUSA/ Instagram- www.Instagram.com/YOcoinUSA/ Twitter- www.Twitter.com/YOcoinUSA
Views: 403138 YOcoin
How it Works: Blockchain
 
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Learn more about how blockchain works and see it in action within the diamond industry, which has been plagued by fraud, theft and controversy.
Views: 558646 IBM Think Academy
How Bitcoin Works Under the Hood
 
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A somewhat technical explanation of how Bitcoin works. Want more? Check out my new in-depth course on the latest in Bitcoin, Blockchain, and a survey of the most exciting projects coming out (Ethereum, etc): https://app.pluralsight.com/library/courses/bitcoin-decentralized-technology Lots of demos on how to buy, send, store (hardware, paper wallet). how to use javascript to send bitcoin. How to create Ethereum Smart Contract, much more. Shorter 5 min introduction: https://www.youtube.com/watch?v=t5JGQXCTe3c Written version: http://www.imponderablethings.com/2013/07/how-bitcoin-works-under-hood.html My Bitcoin address: 13v8NB9ScRa21JDi86GmnZ5d8Z4CjhZMEd Arabic translation by Ahmad Alloush Spanish caption translation by Borja Rodrigo, zordycorak@gmail.com, DFJWgXdBCoQqo4noF4fyVhVp8R6V62XdJx Russian caption translation by Alexandra Miklyukova Italian voice over: http://youtu.be/1aEf3qr7UdE Italian captions translated by Simone Falcini, 1H5KdCnBooxfqpXtyQBBAKKRU7MkCZCVCe
Views: 2601007 CuriousInventor
Ever wonder how Bitcoin (and other cryptocurrencies) actually work?
 
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Bitcoin explained from the viewpoint of inventing your own cryptocurrency. Videos like these made possible by patreon: https://patreon.com/3blue1brown Protocol Labs: https://protocol.ai/ Interested in contributing? https://protocol.ai/join/ Special thanks to the following patrons: http://3b1b.co/btc-thanks Some people have asked if this channel accepts contributions in cryptocurrency form as an alternative to Patreon. As you might guess, the answer is yes :). Here are the relevant addresses: ETH: 0x88Fd7a2e9e0E616a5610B8BE5d5090DC6Bd55c25 BTC: 1DV4dhXEVhGELmDnRppADyMcyZgGHnCNJ BCH: qrr82t07zzq5uqgek422s8wwf953jj25c53lqctlnw LTC: LNPY2HEWv8igGckwKrYPbh9yD28XH3sm32 Supplement video: https://youtu.be/S9JGmA5_unY Music by Vincent Rubinetti: https://soundcloud.com/vincerubinetti/heartbeat Here are a few other resources I'd recommend: Original Bitcoin paper: https://bitcoin.org/bitcoin.pdf Block explorer: https://blockexplorer.com/ Blog post by Michael Nielsen: https://goo.gl/BW1RV3 (This is particularly good for understanding the details of what transactions look like, which is something this video did not cover) Video by CuriousInventor: https://youtu.be/Lx9zgZCMqXE Video by Anders Brownworth: https://youtu.be/_160oMzblY8 Ethereum white paper: https://goo.gl/XXZddT Music by Vince Rubinetti: https://vincerubinetti.bandcamp.com/album/the-music-of-3blue1brown ------------------ 3blue1brown is a channel about animating math, in all senses of the word animate. And you know the drill with YouTube, if you want to stay posted on new videos, subscribe, and click the bell to receive notifications (if you're into that). If you are new to this channel and want to see more, a good place to start is this playlist: http://3b1b.co/recommended Various social media stuffs: Website: https://www.3blue1brown.com Twitter: https://twitter.com/3Blue1Brown Patreon: https://patreon.com/3blue1brown Facebook: https://www.facebook.com/3blue1brown Reddit: https://www.reddit.com/r/3Blue1Brown
Views: 2175143 3Blue1Brown
How the blockchain is changing money and business | Don Tapscott
 
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What is the blockchain? If you don't know, you should; if you do, chances are you still need some clarification on how it actually works. Don Tapscott is here to help, demystifying this world-changing, trust-building technology which, he says, represents nothing less than the second generation of the internet and holds the potential to transform money, business, government and society. TEDTalks is a daily video podcast of the best talks and performances from the TED Conference, where the world's leading thinkers and doers give the talk of their lives in 18 minutes (or less). Look for talks on Technology, Entertainment and Design -- plus science, business, global issues, the arts and much more. Find closed captions and translated subtitles in many languages at http://www.ted.com/translate Follow TED news on Twitter: http://www.twitter.com/tednews Like TED on Facebook: https://www.facebook.com/TED Subscribe to our channel: http://www.youtube.com/user/TEDtalksDirector
Views: 1201118 TED
How Bitcoin Works in 5 Minutes (Technical)
 
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A short introduction to how Bitcoin Works. Want more? Check out my new in-depth course on the latest in Bitcoin, Blockchain, and a survey of the most exciting projects coming out (Ethereum, etc): https://app.pluralsight.com/library/courses/bitcoin-decentralized-technology Lots of demos on how to buy, send, store (hardware, paper wallet). how to use javascript to send bitcoin. How to create Ethereum Smart Contract, much more. Written Version: http://www.imponderablethings.com/2014/04/how-bitcoin-works-in-5-minutes.html Less technical version: https://www.youtube.com/watch?v=t5JGQXCTe3c Donation address: 1K7A6wsyxj6fThtMYcNu6X8bLbnNKovgtP Germain caption translation provided by adi331 : 19s6rqRfHa19w7wcgwtCumPs1vdLDj1VVo (thanks!!)
Views: 5566186 CuriousInventor
Blockchain Technology Explained (2 Hour Course)
 
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Blockchain Technology Course will cover: - Technology overview - Blockchain evolution - Decentralized web - Distributed organizations - Distributed ledger - Smart contracts - Distributed applications - Internet of value - Token economies PERMISSIONS: The original videos were published with the Creative Commons Attribution license (reuse allowed). CREDITS: Complexity Labs YouTube channel: https://www.youtube.com/channel/UCutCcajxhR33k9UR-DdLsAQ/featured?disable_polymer=1
Views: 286781 Coding Tech
Blockchain 101 - A Visual Demo
 
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This is a very basic visual introduction to the concepts behind a blockchain. We introduce the idea of an immutable ledger using an interactive web demo. Part 2 is here: https://youtu.be/xIDL_akeras If you are interested in playing with this on your own, it is available online at: http://anders.com/blockchain/ The code that runs this demo is also on GitHub: https://github.com/anders94/blockchain-demo I'm @anders94 on Twitter and @andersbrownworth on Steemit. Donations: BTC: 1K3NvcuZzVTueHW1qhkG2Cm3viRkh2EXJp ETH: 0x84a90e21d9d02e30ddcea56d618aa75ba90331ff ETC: 0xab75ad757c89fa33b92090193a797e6700769ef8
Views: 879328 Anders Brownworth
How Blockchain Technology Works
 
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If internet changed the way we transfer information, blockchain is changing the way we transfer value. Blockchain is the underlying technology that powers bitcoin. Let’s learn about how it works.
Views: 32419 Finance Train
What is Blockchain? - Internet 2.0 (தமிழ்/Tamil) | #Visaipalagai
 
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What is blockchain and how blockchain works are the questions arises when you hear the term blockchain. So in this video we are going to see how blockchain works and application of blockchain in various internet services. In fact Blockchain is considered as Internet 2.0 which revolutionize the internet. For short Blockchain is a decentralized network and it is highly secured. Blockchain explained in Tamil in this video. Reference Links: 1. What is bitcoin? - http://bit.ly/2rVFxRB 2. Storj (a blockchain powered cloud storage) - http://bit.ly/2rYmi9n 3. Denta coin (a blockchain based dental treatment) - http://bit.ly/2IC09F5 4. Steemit (a blockchain powered social media) - http://bit.ly/2GCgnfs 5. Blockchain (Article) - http://bit.ly/2rVWomw 6. Blockchain (Video) - http://bit.ly/2GABFKv Playlists: Science For Life - https://goo.gl/chD5uB Tech Guide - https://goo.gl/6EOVEz Explained - https://goo.gl/zYTvZ7 Social Media Links: 🎭 Facebook Page: https://goo.gl/H7rfHW 🐦 Twitter - https://goo.gl/3Rzg6A 📸 Instagram - https://goo.gl/OmI2uM ALL QUALITY TECH VIDEOS - தமிழில் by visaipalagai in Tamil VISAIPALAGAI - தமிழ் #Tamil Music Credit - https://soundcloud.com/ikson/ Image Credit - https://pixabay.com Video footage Credit - https://www.videvo.net https://creativecommons.org/licenses/by/3.0/
Views: 19192 Visaipalagai
Smart contracts - Simply Explained
 
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What are smart contracts and what do they have to do with blockchains and cryptocurrencies? Well, let's find in plain English! 💰 Want to buy Bitcoin or Ethereum? Buy for $100 and get $10 free (through my affiliate link): https://www.coinbase.com/join/59284524822a3d0b19e11134 🐦 Follow me on Twitter: https://twitter.com/savjee ✏️ Check out my blog: https://www.savjee.be 👍🏻 Like my Facebook page: https://www.facebook.com/savjee 📚 Sources can be found on my website: https://www.savjee.be/videos/simply-explained/smart-contracts/
What is Blockchain? | How does Blockchain Technology work? | Tech Primers
 
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This video covers what is Blockchain and how does the Blockchain technology work. Slack Community: https://techprimers.slack.com Twitter: https://twitter.com/TechPrimers Facebook: http://fb.me/TechPrimers GitHub: https://github.com/TechPrimers or https://techprimers.github.io/ Video Editing: iMovie Background Music: Joakim Karud
Views: 8831 Tech Primers
What is Blockchain
 
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Blockchain explained. Shai Rubin, CTO of Citi Innovation Lab, explains in an easy and simple way the basics of blockchain.
Views: 1457922 zlotolow
Blockchain Tutorial | Blockchain Technology | Blockchain Explained | Blockchain Training | Edureka
 
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( Blockchain Training : https://www.edureka.co/blockchain-training ) This Edureka Blockchain Tutorial video will give you a complete fundamental understanding regrading Blockchain and Bitcoin. This video helps you to learn following topics: 1. Issues With The Current Banking System. 2. How Bitcoin Can Help Overcome These Issues? 3. Bitcoin Transaction 4. Blockchain To The Rescue 5. Blockchain Concepts 6. Blockchain Features 7. Blockchain Use Case 8. Demo: Banking Use Case Subscribe to our channel to get video updates. Hit the subscribe button above. Facebook: https://www.facebook.com/edurekaIN/ Twitter: https://twitter.com/edurekain LinkedIn: https://www.linkedin.com/company/edureka #Blockchain #Blockchaintutorial #Blockchainonlinetraining #Blockchainforbeginners How it Works? 1. This is a 4 Week Instructor led Online Course, 20 hours of assignment and 20 hours of project work 2. We have a 24x7 One-on-One LIVE Technical Support to help you with any problems you might face or any clarifications you may require during the course. 3. At the end of the training you will be working on a real time project for which we will provide you a Grade and a Verifiable Certificate! - - - - - - - - - - - - - - - - - About the Course Edureka's Blockchain Course is designed to introduce you to the concept of Blockchain and explain the fundamentals of blockchain and bitcoin. Blockchain course will provide an overview of the structure and mechanism of blockchain. As a beginner, you will be learning the importance of consensus in transactions, how transactions are stored on blockchain, history of bitcoin and how to use bitcoin. Furthermore, you will be taught about the Ethereum platform and its programming language. You will setup your own private blockchain environment using Ethereum. Also, you will develop a smart contract on private Ethereum blockchain and will be deploying the contract from web and console. The course is fed with various use-cases and examples, which makes the learning more interesting. After completing this Course, you should be able to: 1. Comprehend the cryptography and cryptocurrency concepts 2. Encompass the concept of blockchain 3. Understand the importance of blockchain technology 4. Have a deep insight into bitcoin and its network 5. Perceive, how bitcoin transactions are validated by miners 6. Create and use bitcoin account effectively 7. Understand Ethereum blockchain 8. Learn Solidity: Prominent language to develop smart contracts 9. Deploy your private blockchain on web where you can visually see your chains 10. Send transactions between nodes 11. Develop more than one nodes on same blockchain 12. Making your own cryptocurrency 13. Discuss the compelling use-cases of the blockchain 14. Interpret the prospects of blockchain. 15. Assess, how blockchain can improve your business standards. ----------------------------------- Who should go for this course? Anyone having basic programming knowledge and has a zeal to learn new technology can take up the course. Students and professionals aspiring to make a career in the Blockchain technology should opt for the course. ----------------------------------- Why learn Blockchain? Blockchain is a revolutionary technology. It is an ordered back linked-list data structure of blocks of transactions stored in a decentralized peer- to-peer network. It is the underlying infrastructure for bitcoin, a popular cryptocurrency. In near future, many companies will be adopting blockchain technologies for trading publicly. Apart from bitcoin, it can be used for a wide variety of applications such as tracking ownership, digital assets, physical assets, or voting rights. It can also store and run computer code called ‘smart contracts’. However, blockchain is still new and the communities are still exploring the best ways in which it can be used. For more information, please write back to us at sales@edureka.co Call us at US: 1800 275 9730(toll free) or India: +91 88808 62004
Views: 304957 edureka!
What is Blockchain and How does it work?
 
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curated from Dash School for educational purpose to understand the underlying technology of digital currency.
Blockchain Basics Explained - Hashes with Mining and Merkle trees
 
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A brief and simple introduction to the hash function and how blockchain solutions use it for proof of work (mining) and data integrity (Merkle Trees).
Views: 197417 Chainthat
How Does Blockchain Work?
 
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How Does Blockchain Work? With Karim R. Lakhani, a professor at Harvard Business School. I am posting this video for ease of access and for education purposes only. Please check out Harvard official facebook page for original video. Original video on facebook. https://www.facebook.com/HBR/videos/10155160141707787/
Views: 19301 harshsmi
How blockchain technology works
 
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Blockchain is a global online database that anyone with an internet connection can use, but it doesn't belong to anyone.
Views: 1438 NBRbizrpt
How Does Bitcoin Work?
 
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Thanks to Away for sponsoring this video! Go to https://www.awaytravel.com/techquickie and use promo code techquickie to get $20 off your next order! Bitcoin has surged in popularity recently. How does it work, why do people want it, and how can you get your hands on some? Techquickie Merch Store: https://www.designbyhumans.com/shop/LinusTechTips/ Techquickie Movie Poster: https://shop.crowdmade.com/collections/linustechtips/products/tech-quickie-24x36-poster Follow: http://twitter.com/linustech Leave a reply with your requests for future episodes, or tweet them here: http://twitter.com/jmart604 Join the community: http://linustechtips.com Intro Theme: Showdown by F.O.O.L from Monstercat - Best of 2016 Video Link: https://www.youtube.com/watch?v=pm36k08jQ0M&t=2422s iTunes Download Link: https://itunes.apple.com/us/album/monstercat-best-of-2016/id1185092812 Listen on Spotify: https://open.spotify.com/album/5Zt1P3ZbnfErBkiqcfBTCN
Views: 901200 Techquickie
How Blockchain works? (in Hindi)
 
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It's a visual demo to understand the basic concept of Blockchain with the help of a web visual demo.Here is the link for you to try yourself: http://anders.com/blockchain/
How Does Blockchain Work
 
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In this video, you'll learn how the blockchain works. You won't find this data structure in your computer science textbooks yet, but it will soon underpin the way the entire Internet operates. Let's talk about how blockchain works and how it can be used to improve our AI. Code for this video: https://github.com/llSourcell/The_Power_of_the_blockchain Charles-David's winning code: https://github.com/alkaya/Optimizer-cotw Parminder's runner up code: https://github.com/Trion129/Gradient-Descent-from-scratch Please subscribe! And like. And comment. That's what keeps me going. More learning resources: https://blog.bigchaindb.com/blockchains-for-artificial-intelligence-ec63b0284984 https://medium.com/towards-data-science/the-blockchain-and-ai-fbfa691f10e0 https://medium.com/the-intrepid-review/how-does-the-blockchain-work-for-dummies-explained-simply-9f94d386e093 https://www.oreilly.com/ideas/understanding-the-blockchain https://github.com/golemfactory/golem Join us in the Wizards Slack channel: http://wizards.herokuapp.com/ And please support me on Patreon: https://www.patreon.com/user?u=3191693 Follow me: Twitter: https://twitter.com/sirajraval Facebook: https://www.facebook.com/sirajology Instagram: https://www.instagram.com/sirajraval/ Instagram: https://www.instagram.com/sirajraval/
Views: 84065 Siraj Raval
How Blockchain works
 
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Blockchain makes bitcoin tick, but it's much bigger than that cryptocurrency. Here's how it works and why it might change how you buy anything from mangoes to diamonds. Read the CNET article here - http://cnet.co/2ssB6jX Subscribe to CNET: http://cnet.co/2heRhep Check out our playlists: http://cnet.co/2g8kcf4 Download the new CNET app: https://cnet.app.link/GWuXq8ExzG Like us on Facebook: https://www.facebook.com/cnet Follow us on Twitter: https://www.twitter.com/cnet Follow us on Instagram: http://bit.ly/2icCYYm
Views: 19199 CNET
Ethereum Explained
 
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Let's build a decentralized ticket service using Ethereum! Ethereum is the 2nd biggest cryptocurrency in market cap behind Bitcoin and offers a Turing-complete blockchain. Using Ethereum + IPFS, developers can build powerful decentralized applications, and this offers novelty in a somewhat saturated market for app developers. Let's get started! Code for this video: https://github.com/llSourcell/ethereum_demo Please Subscribe! And like. And comment. That's what keeps me going. Follow Siraj on Twitter: https://twitter.com/sirajraval Facebook: https://www.facebook.com/sirajology More learning resources; https://www.youtube.com/watch?v=8jI1TuEaTro https://ethereum.org/greeter https://dappsforbeginners.wordpress.com/ https://ethereum.stackexchange.com/questions/5952/ethereum-tutorial-for-beginners http://truffleframework.com/tutorials/ethereum-overview https://ethereumbuilders.gitbooks.io/guide/content/en/solidity_tutorials.html https://blockgeeks.com/guides/how-to-learn-solidity/ Join us in the Wizards Slack channel: http://wizards.herokuapp.com/ And please support me on Patreon: https://www.patreon.com/user?u=3191693 Instagram: https://www.instagram.com/sirajraval/ Instagram: https://www.instagram.com/sirajraval/
Views: 240066 Siraj Raval
What is Blockchain ? - Explained (BEST ANIMATION)
 
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Views: 59677 Tech Toons
ब्लॉकचेन क्या है? (Blockchain explained in Hindi)
 
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ब्लोकचेन उन टेक्नोलॉजी में एक है जो कि 21वीं सदी कि अर्थव्यवस्था में बहुत बड़ा परिवर्तन लाने की क्षमता रखती हैं. यह वीडियो संक्षेप में आपको समझाएगा कि ब्लोकचेन टेक्नोलॉजी क्या है?
Views: 117443 Kalateet Kaushal
Blockchain Tutorial - How does a Blockchain work?
 
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Learn more advanced front-end and full-stack development at: https://www.fullstackacademy.com Blockchain technology is the structure behind Bitcoin. A blockchain is a public ledger of records that is arranged in data batches called blocks. Each block is cryptographically validated and linked together. In this Blockchain tutorial, we cover the very basics of what a blockchain is, and we discuss its business value, challenges, and potential use-cases. Watch this video to learn: - What is a Blockchain - How to leverage Javascript to implement a Blockchain - Use-cases of a Blockchain
Views: 13060 Fullstack Academy
Bitcoin: How Cryptocurrencies Work
 
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Whether or not it's worth investing in, the math behind Bitcoin is an elegant solution to some complex problems. Hosted by: Michael Aranda Special Thanks: Dalton Hubble Learn more about Cryptography: https://www.youtube.com/watch?v=-yFZGF8FHSg ---------- Support SciShow by becoming a patron on Patreon: https://www.patreon.com/scishow ---------- Dooblydoo thanks go to the following Patreon supporters—we couldn't make SciShow without them! Shout out to Bella Nash, Kevin Bealer, Mark Terrio-Cameron, Patrick Merrithew, Charles Southerland, Fatima Iqbal, Benny, Kyle Anderson, Tim Curwick, Will and Sonja Marple, Philippe von Bergen, Bryce Daifuku, Chris Peters, Patrick D. Ashmore, Charles George, Bader AlGhamdi ---------- Like SciShow? Want to help support us, and also get things to put on your walls, cover your torso and hold your liquids? Check out our awesome products over at DFTBA Records: http://dftba.com/scishow ---------- Looking for SciShow elsewhere on the internet? Facebook: http://www.facebook.com/scishow Twitter: http://www.twitter.com/scishow Tumblr: http://scishow.tumblr.com Instagram: http://instagram.com/thescishow ---------- Sources: https://bitinfocharts.com/ https://chrispacia.wordpress.com/2013/09/02/bitcoin-mining-explained-like-youre-five-part-2-mechanics/ https://www.youtube.com/watch?v=Lx9zgZCMqXE https://www.youtube.com/watch?v=nQZUi24TrdI https://bitcoin.org/en/how-it-works http://www.forbes.com/sites/investopedia/2013/08/01/how-bitcoin-works/#36bd8b2d25ee http://www.makeuseof.com/tag/how-does-bitcoin-work/ https://blockchain.info/charts/total-bitcoins https://en.bitcoin.it/wiki/Controlled_supply https://www.bitcoinmining.com/ http://bitamplify.com/mobile/?a=news Image Sources: https://commons.wikimedia.org/wiki/File:Cryptocurrency_Mining_Farm.jpg
Views: 2489986 SciShow
Blockchain: how does it work?
 
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A blockchain is a single ledger that records transactions between organisations. Everybody with permission to join can see the same information in real time. Blockchain could have a profound effect on supply chain management and transactional accounting and it might also provide opportunities for accountants who can work with clients and colleagues to reap the benefits of the technology. Find out more: https://www.intheblack.com/articles/2017/11/09/blockchain-how-does-it-work
Views: 688 CPAaustralia
What is BLOCKCHAIN? The best explanation of blockchain technology
 
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Blockchain explained in plain English Understanding how blockchain works and identifying myths about its powers are the first steps to developing blockchain technologies. Blockchain is an algorithm and distributed data structure for managing electronic cash without a central administrator among people who know nothing about one another. Originally designed for the crypto-currency Bitcoin, the blockchain architecture was driven by a radical rejection of at (government-guaranteed) money and bank-controlled payments. Blockchain is a special instance of Distributed Ledger Technologies (DLTs), almost all of which have emerged in Bitcoin's wake. HOW DOES BLOCKCHAIN WORK? Blockchain is a Distributed Ledger Technology (DLT) that was invented to support the Bitcoin cryptocurrency. Bitcoin was motivated by an extreme rejection of government-guaranteed money and bank-controlled payments. The developer of Bitcoin, Satoshi Nakamoto envisioned people spending money without friction, intermediaries, regulation or the need to know or trust other parties. Technically, the original blockchain is separable from Bitcoin, but this report will show that the blockchain design is so specific to Bitcoin that it's not a good fit for much else. The central problem in electronic cash is Double Spend. Because pure electronic money is just data, nothing stops a currency holder from trying to spend it twice. Blockchain solves the Double Spend problem without a digital reserve fund or similar form of umpire. Blockchain monitors and verifies Bitcoin transactions by calling upon a decentralized network of volunteer-run nodes to, in effect, vote on the order in which transactions occur. The network's algorithm ensures that each transaction is unique.
Views: 358889 Lucas Mostazo
Blockchain Expert Explains One Concept in 5 Levels of Difficulty | WIRED
 
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Blockchain, the key technology behind Bitcoin, is a new network that helps decentralize trade, and allows for more peer-to-peer transactions. WIRED challenged political scientist and blockchain researcher Bettina Warburg to explain blockchain technology to 5 different people; a child, a teen, a college student, a grad student, and an expert. Check out WIRED's guide to blockchain: https://www.wired.com/story/guide-blockchain/ Find out more about Bettina's research at https://animalventures.com/ Still haven’t subscribed to WIRED on YouTube? ►► http://wrd.cm/15fP7B7 ABOUT WIRED WIRED is where tomorrow is realized. Through thought-provoking stories and videos, WIRED explores the future of business, innovation, and culture. Blockchain Expert Explains One Concept in 5 Levels of Difficulty | WIRED
Views: 1749703 WIRED
The Bitcoin and Blockchain Technology Explained
 
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A block chain is a transaction database shared by all nodes participating in a system based on the Bitcoin protocol. A full copy of a currency's block chain contains every transaction ever executed in the currency. With this information, one can find out how much value belonged to each address at any point in history. ------------------------------------------------------------------- BUY BITCOIN SAFELY HERE: http://bit.ly/BuyBitcoinNow ------------------------------------------------------------------- REGISTER FOR A COINBASE ACCOUNT: http://bit.ly/CoinbaseBitcoinSignup ------------------------------------------------------------------- Every block contains a hash of the previous block. This has the effect of creating a chain of blocks from the genesis block to the current block. Each block is guaranteed to come after the previous block chronologically because the previous block's hash would otherwise not be known. Each block is also computationally impractical to modify once it has been in the chain for a while because every block after it would also have to be regenerated. These properties are what make double-spending of bitcoins very difficult. The block chain is the main innovation of Bitcoin. Honest generators only build onto a block (by referencing it in blocks they create) if it is the latest block in the longest valid chain. "Length" is calculated as total combined difficulty of that chain, not number of blocks, though this distinction is only important in the context of a few potential attacks. A chain is valid if all of the blocks and transactions within it are valid, and only if it starts with the genesis block. For any block on the chain, there is only one path to the genesis block. Coming from the genesis block, however, there can be forks. One-block forks are created from time to time when two blocks are created just a few seconds apart. When that happens, generating nodes build onto whichever one of the blocks they received first. Whichever block ends up being included in the next block becomes part of the main chain because that chain is longer. More serious forks have occurred after fixing bugs that required backward-incompatible changes. Blocks in shorter chains (or invalid chains) are not used for anything. When the bitcoin client switches to another, longer chain, all valid transactions of the blocks inside the shorter chain are re-added to the pool of queued transactions and will be included in another block. The reward for the blocks on the shorter chain will not be present in the longest chain, so they will be practically lost, which is why a network-enforced 100-block maturation time for generations exists. These blocks on the shorter chains are often called "orphan" blocks. This is because the generation transactions do not have a parent block in the longest chain, so these generation transactions show up as orphan in the listtransactions RPC call. Several pools have misinterpreted these messages and started calling their blocks "orphans". In reality, these blocks have a parent block, and might even have children. Because a block can only reference one previous block, it is impossible for two forked chains to merge. • How do Bitcoin Transactions Work? http://www.coindesk.com/information/how-do-bitcoin-transactions-work/ ------------------------------------------------------------------- DID YOU LIKE THIS VIDEO? ------------------------------------------------------------------- Enjoy this video? Click "Mark as good" and give your "LIKE". Subscribe to our channel and follow our publications. Consider making a small Bitcoin donation to this address: 3C2Ti2wegJDFw1Kp3w71Mtr9bKkhyCz8fa. ------------------------------------------------------------------- BUY BITCOIN SAFELY HERE: http://bit.ly/BuyBitcoinNow ------------------------------------------------------------------- REGISTER FOR A COINBASE ACCOUNT: http://bit.ly/CoinbaseBitcoinSignup ------------------------------------------------------------------- ------------------------------------------------------------------- Video credits ------------------------------------------------------------------- http://www.bitcoinproperly.org/ Tags: BTC Bitcoin Bit coin Altcoin Cryptocurrency Buy Bitcoin Sell Bitcoin Bitcoin trading Bitcoin value Bitcoin wallet Bitcoin blockchain Blockchain Satoshi Nakamoto Digital currency
Views: 386230 Rodrigo Henrik
Dan's Intro to How Ethereum Works
 
10:55
MetaMask's Dan Finlay gives a basic technical overview of how Ethereum and blockchains work at the opening talks of the IPFS Ethererum Hackathon, Seattle 2017. Slides online here: https://github.com/MetaMask/IPFS-Ethereum-Hackathon/tree/master/slides/01_DanFinlay_intro_to_ethereum_blockchains
Views: 177016 MetaMask
Programmer explains blockchain | Ethereum vs Bitcoin blockchain
 
10:44
How does a blockchain work and what are the differences between Ethereum and bitcoin blockchains?
Views: 16422 Ivan on Tech
What is Blockchain?  Simple explanation of how a Blockchain works
 
04:02
Blockchain is a digital ledger based on distributed network. The database is not managed by any particular body; instead, everyone in the network gets a copy of the whole database. Block chain is a foundational technology similar to the Internet which was a similar foundational technology which revolutionized the world. Let’s understand this through a practical scenario which is the Bitcoin block chain technology. These are 2 different person and they need to transfer money between them. In the current system of payment process this is done with the help of a middle man which are banks. A block chain technology completely eliminates the requirement of an agency or middle men. Transactions like purchase and sales are stored in records called ledgers. Ledgers are accounts or records which store the transactions. These ledgers instead of storing in a centralized server, is distributed to all the parties in the network which are also called the nodes. Hence this is called a distributed network. Now when a transaction happens between 2 parties, this information is broadcasted to all the nodes available in the network. Now all the nodes in the network needs to approve this transaction for the purpose of entering this in the ledger. This process is called mining. This creates 2 events, one; a Bitcoin is generated and another; transaction is approved. Once the transaction is approved miner will receive a Bitcoin and the transaction is added to all the publically available ledgers. Every transaction is sequentially stored in all the ledgers and links to the previous transaction. This creates an audit trial for the transaction and this makes the transaction irreversible. All transactions are transparent and publically available at the same time it does not reveal the identity. This is possible with the help of public key which are called wallets. Bitcoin is stored in wallets and wallet address are shared publically. You can use different wallets for different transactions which can ensure the transactions are pseudonymous, which means transactions are transparent at the same time privacy is maintained. These transactions are programmable and you can add metadata to these transactions. These have resulted in the creation of smart contracts in the block chain where all the contract details can be stored inside the program which will help to trigger the transactions based on the events mentioned in the contracts. Ethereum block chain is an example for this. So, to summarize, the characteristics of Blockchain include: a. Distributed network and hence less vulnerable to hacking b. Peer to peer network c. Transactions are irreversible which creates an audit trail d. Requires confirmation by the majority hence secure e. Programmable transactions f. Even all the data is publically available, transactions are pseudonymous g. Foundational technology can revolutionize the way financial transactions happen.
Views: 5558 FINMAESTRO
Blockchain Technology Explained | How Blockchain Technology Works | Blockchain Training | Edureka
 
23:36
( Blockchain Training : https://goo.gl/57YQbD ) This Edureka Blockchain technology video will give you an understanding of how blockchain works and what are blockchain technologies. Below are the topics covered in this tutorial: 1. What are Blockchain & Bitcoin ( 01:00 ) 2. Blockchain Technologies ( 02:49 ) 3. Peer to Peer Network ( 03:00 ) 4. Hash Encryption ( 04:35 ) 5. Proof of Work & Blockchain Program ( 05:57 ) 6. Ethereum & Smart Contracts ( 07:53 ) 7. Smart Contracts Demo ( 11:11 ) 8. Blockchain Applications and Use Cases ( 16:19 ) Subscribe to our channel to get video updates. Hit the subscribe button above. #BlockchainTechnology #BlockchainTutorial #BlockchainOnlineTraining #BlockchainForBeginners For more information, please write back to us at sales@edureka.co Call us at US: 1800 275 9730(toll free) or India: +91 88808 62004 Facebook: https://www.facebook.com/edurekaIN/ Twitter: https://twitter.com/edurekain LinkedIn: https://www.linkedin.com/company/edureka - - - - - - - - - - - - - - - - - About the Course Edureka's Blockchain Course is designed to introduce you to the concept of Blockchain and explain the fundamentals of blockchain and bitcoin. Blockchain course will provide an overview of the structure and mechanism of blockchain. As a beginner, you will be learning the importance of consensus in transactions, how transactions are stored on blockchain, history of bitcoin and how to use bitcoin. Furthermore, you will be taught about the Ethereumplatform and its programming language. You will setup your own private blockchain environment using Ethereum. Also, you will develop a smart contract on private Ethereum blockchain and will be deploying the contract from web and console. The course is fed with various use-cases and examples, which makes the learning more interesting. After completing this Course, you should be able to: Comprehend the cryptography and cryptocurrency concepts Encompass the concept of blockchain Understand the importance of blockchain technology Have a deep insight into bitcoin and its network Perceive, how bitcoin transactions are validated by miners Create and use bitcoin account effectively Understand Ethereum blockchain Learn Solidity: Prominent language to develop smart contracts Deploy your private blockchain on web where you can visually see your chains Send transactions between nodes Develop more than one nodes on same blockchain Making your own cryptocurrency Discuss the compelling use-cases of the blockchain Interpret the prospects of blockchain. Assess, how blockchain can improve your business standards. - - - - - - - - - - - - - - - - - - - Who should go for this course? Anyone having basic programming knowledge and has a zeal to learn new technology can take up the course. Students and professionals aspiring to make a career in the Blockchain technology should opt for the course. - - - - - - - - - - - - - - - - Why learn Blockchain? Blockchain is a revolutionary technology. It is an ordered back linked-list data structure of blocks of transactions stored in a decentralized peer- to-peer network. It is the underlying infrastructure for bitcoin, a popular cryptocurrency. In near future, many companies will be adopting blockchain technologies for trading publicly. Apart from bitcoin, it can be used for a wide variety of applications such as tracking ownership, digital assets, physical assets, or voting rights. It can also store and run computer code called ‘smart contracts’. However, blockchain is still new and the communities are still exploring the best ways in which it can be used. ------------------------------------- How it Works? 1. This is a 4 Week Instructor led Online Course, 20 hours of assignment and 20 hours of project work 2. We have a 24x7 One-on-One LIVE Technical Support to help you with any problems you might face or any clarifications you may require during the course. 3. At the end of the training you will be working on a real time project for which we will provide you a Grade and a Verifiable Certificate!
Views: 20186 edureka!
What is a Smart Contract? A Beginner’s Guide
 
09:20
What is a Smart Contract? A Beginner’s Guide You'll receive $10 in free bitcoin by signing up with this link http://bit.ly/2oesV41 Bitcoin & Etherum Storage Wallet: http://bit.ly/2o7BmgW Book Recommendations: http://amzn.to/2pv7kF4 Get One-to-One Consulting https://clarity.fm/ameerrosic Blockchain Training: http://bit.ly/2nGhdn0 Quadrigacx Canadian Crypto Exchange: http://bit.ly/2papyuV What are Smart Contracts? Smart contracts help you exchange money, property, shares, or anything of value in a transparent, conflict-free way, while avoiding the services of a middleman. The best way to describe smart contracts is to compare the technology to a vending machine. Ordinarily, you would go to a lawyer or a notary, pay them, and wait while you get the document. With smart contracts, you simply drop a bitcoin into the vending machine (i.e. ledger), and your escrow, driver’s license, or whatever drops into your account. More so, smart contracts not only define the rules and penalties around an agreement in the same way that a traditional contract does, but also automatically enforce those obligations. Example Suppose you rent an apartment from me. You can do this through the blockchain by paying in cryptocurrency. You get a receipt which is held in our virtual contract; I give you the digital entry key which comes to you by a specified date. If the key doesn’t come on time, the blockchain releases a refund. If I send the key before the rental date, the function holds it releasing both the fee and key to you and me respectively when the date arrives. The system works on the If-Then premise and is witnessed by hundreds of people, so you can expect a faultless delivery. If I give you the key, I’m sure to be paid. If you send a certain amount in bitcoins, you receive the key. The document is automatically cancelled after the time, and the code cannot be interfered by either of us without the other knowing, since all participants are simultaneously alerted. You can use smart contracts for all sort of situations that range from financial derivatives to insurance premiums, breach contracts, property law, credit enforcement, financial services, legal processes and crowd funding agreements. My name is Ameer Rosic, and I'm a serial entrepreneur, investor, marketing Strategist and Blockchain Evangelist Blog http://www.Ameerrosic.com Blockgeeks: http://www.blockgeeks.com Facebook http://www.Facebook.com/ameerrosic Twitter http://www.Twitter.com/ameerrosic InstaGram http://www.Instagram.com/ameerrosic
Views: 183821 Ameer Rosic
What Is Blockchain And How Does It Work? | Cognizant
 
02:11
What is Blockchain? Blockchain thinking and technology promise to create more transparent and trusted ways of conducting financial transactions. Subscribe to Cognizant: http://cogniz.at/subscribeyt More Digital Banking: https://goo.gl/uG4Lw7
Views: 14785 Cognizant
Blockchain tutorial 24: Blockchain and miners
 
07:34
This is part 24 of the Blockchain tutorial explaining what a Blockchain is and what miners are. This tutorial explains the following: - what the blocks are in the blockchain - what data does a block contains - what a block number and block height is - what a genesis block is - what a main chain, side fork or orphaned forks are - what miners are and their purpose - what a coinbase transaction is and how Bitcoins are created - there will be maximum 21 million Bitcoins - what a block reward is - what block reward halving is - what a hash puzzle is In this video series different topics will be explained which will help you to understand blockchain. Bitcoin released as open source software in 2009 is a cryptocurrency invented by Satoshi Nakamoto (unidentified person or group of persons). After the introduction of Bitcoin many Bitcoin alternatives were created. These alternate cryptocurrencies are called Altcoins (Litecoin, Dodgecoin etc). Bitcoin's underlying technology is called Blockchain. The Blockchain is a distributed decentralized incorruptible database (ledger) that records blocks of digital information. Each block contains a timestamp and a link to a previous block. Soon people realises that there many other use cases where the Blockchain technology can be applied and not just as a cryptocurrency application. New Blockchain platforms were created based on the Blockchain technology, one of which is called Ethereum. Ethereum focuses on running programming code, called smart contracts, on any decentralized application. Using the new Blockchain platforms, Blockchain technology can be used in supply chain management, healthcare, real estate, identity management, voting, internet of things, etcetera, just to name a few. Today there is a growing interest in Blockchain not only in the financial sector but also in other sectors. Explaining how Blockchain works is not easy and for many the Blockchain technology remains an elusive concept. This video series tries to explain Blockchain to a large audience but from the bottom up. Keywords often used in Blockchain conversation will be explained. Each Blockchain video is short and to the point. It is recommended to watch each video sequentially as I may refer to certain Blockchain topics explained earlier. Check out all my other Blockchain tutorial videos https://goo.gl/aMTFHU Subscribe to my YouTube channel https://goo.gl/61NFzK The presentation used in this video tutorial can be found at: http://www.mobilefish.com/developer/blockchain/blockchain_quickguide_tutorial.html #mobilefish #blockchain #bitcoin #cryptocurrency #ethereum
Views: 8578 Mobilefish.com
What Is Blockchain And How Does It Work?
 
03:33
Get Bitcoin Here (and $10 of free Bitcoin!): https://www.coinbase.com/join/58c8d740d0190f01af2284b7 What is Bitcoin? Bitcoin is a decentralized cryptocurrency. It originated in 2008 from a paper written by Satoshi Nakamoto. This may be a real person or not but it is seen at the origins of Bitcoin. Bitcoin runs on a technology known as the blockchain. There will only ever be 21 million Bitcoins and this is what makes them valuable and scarce. Bitcoin are created by a process known as mining. Since there are no banks transactions are verified by miners and when miners verify a certain number of transactions they can actually earn Bitcoin. There are many more cryptocurrencies now but Bitcoin is seen as the first. Other popular ones are Litecoin, Ethereum, Ripple, Dash and many others. Bitcoin are stored in locations known as wallets. These Bitcoin wallets can be online, on a hardware device, on a piece of paper or even memorized in your brain. Bitcoin wallets look like a string of numbers and letters. Cryptocurrency and blockchain technology can change the way we do everything in the future. Be sure to check out our channel for more videos: https://www.youtube.com/channel/UCrn5bzpRYOKVJoRoYvn8mPQ
Blockchain - Proof of work
 
07:05
Blockchain - Proof of work Watch more videos at https://www.tutorialspoint.com/videotutorials/index.htm Lecture By: Mr. Parth Joshi, Tutorials Point India Private Limited
Implementing Proof-of-Work in Javascript (Blockchain, part 2)
 
06:43
Adding the proof-of-work mechanism to our homemade Javascript blockchain. Proof-of-work will secure our blockchain against spammers and people trying to tamper with our blocks. ► Source code Available on GitHub: https://github.com/SavjeeTutorials/SavjeeCoin ►►► Buying Bitcoin or Ethereum Get $10 for free when buying through my affiliate link (thanks!): https://goo.gl/G9NQsu ► About me 🐦 Follow me on Twitter: https://twitter.com/savjee ✏️ Check out my blog: https://www.savjee.be ✉️ Subscribe to newsletter: https://goo.gl/nueDfz 👍🏻 Like my Facebook page: https://www.facebook.com/savjee
How blockchain works
 
01:51
The technology underpinning many digital currencies is a modified version of something banks -- and many businesses -- have been using for years. Subscribe to the CBS News Channel HERE: http://youtube.com/cbsnews Watch CBSN live HERE: http://cbsn.ws/1PlLpZ7 Follow CBS News on Instagram HERE: https://www.instagram.com/cbsnews/ Like CBS News on Facebook HERE: http://facebook.com/cbsnews Follow CBS News on Twitter HERE: http://twitter.com/cbsnews Get the latest news and best in original reporting from CBS News delivered to your inbox. Subscribe to newsletters HERE: http://cbsn.ws/1RqHw7T Get your news on the go! Download CBS News mobile apps HERE: http://cbsn.ws/1Xb1WC8 Get new episodes of shows you love across devices the next day, stream CBSN and local news live, and watch full seasons of CBS fan favorites like Star Trek Discovery anytime, anywhere with CBS All Access. Try it free! http://bit.ly/1OQA29B --- CBSN is the first digital streaming news network that will allow Internet-connected consumers to watch live, anchored news coverage on their connected TV and other devices. At launch, the network is available 24/7 and makes all of the resources of CBS News available directly on digital platforms with live, anchored coverage 15 hours each weekday. CBSN. Always On.
Views: 2211 CBS News
How blockchain works
 
01:48
The blockchain distributed ledger is a hedge against vulnerabilities of errors, fraud, and misinterpretation--transforming supply chains in industries as diverse as diamond trade to flower exports. An overview of how blockchain works. LINKS What is blockchain?: https://ibm.co/2NPeeRs Get a free guide to getting started with blockchain: https://ibm.co/2uWGHOk IBM Blockchain Platform Starter Plan – now in GA: https://ibm.co/2Ad0RZJ Develop. Govern. Operate a blockchain network: https://ibm.co/2vdVZxs #Blockchain #Technology #Education
Views: 6013 IBMBlockchain
Blockchain tutorial 4: Cryptography, encrypt, decrypt
 
02:08
This is part 4 of the Blockchain tutorial explaining what cryptograhy is and also what encrypt and decrypt means. In this video series different topics will be explained which will help you to understand blockchain. Bitcoin released as open source software in 2009 is a cryptocurrency invented by Satoshi Nakamoto (unidentified person or group of persons). After the introduction of Bitcoin many Bitcoin alternatives were created. These alternate cryptocurrencies are called Altcoins (Litecoin, Dodgecoin etc). Bitcoin's underlying technology is called Blockchain. The Blockchain is a distributed decentralized incorruptible database (ledger) that records blocks of digital information. Each block contains a timestamp and a link to a previous block. Soon people realises that there many other use cases where the Blockchain technology can be applied and not just as a cryptocurrency application. New Blockchain platforms were created based on the Blockchain technology, one of which is called Ethereum. Ethereum focuses on running programming code, called smart contracts, on any decentralized application. Using the new Blockchain platforms, Blockchain technology can be used in supply chain management, healthcare, real estate, identity management, voting, internet of things, etcetera, just to name a few. Today there is a growing interest in Blockchain not only in the financial sector but also in other sectors. Explaining how Blockchain works is not easy and for many the Blockchain technology remains an elusive concept. This video series tries to explain Blockchain to a large audience but from the bottom up. Keywords often used in Blockchain conversation will be explained. Each Blockchain video is short and to the point. It is recommended to watch each video sequentially as I may refer to certain Blockchain topics explained earlier. Check out all my other Blockchain tutorial videos https://goo.gl/aMTFHU Subscribe to my YouTube channel https://goo.gl/61NFzK The presentation used in this video tutorial can be found at: http://www.mobilefish.com/developer/blockchain/blockchain_quickguide_tutorial.html #mobilefish #blockchain #bitcoin #cryptocurrency #ethereum
Views: 26745 Mobilefish.com
What is HashGraph and is it replacing Blockchain? Programmer explains.
 
12:10
HashGraph has gotten a lot of attention recently due to their big promises when it comes to transaction speed and architecture of the nework. In this video we talk about how HashGraph works, explain HashGraph and discuss their motivation and reasoning. Thanks for watching guys 💝 🎓 Join my online academy https://academy.ivanontech.com 🎤 If you would like me to speak at your conference, book me here: https://ivanontech.com 🍻 Join the crypto discussion forum - https://thecrypto.pub 📚 Get my free e-book on Bitcoin and Blockchain - http://eepurl.com/c0hyc9 you will receive the book in your inbox once you sign up 👫👭👬Social: LinkedIn: http://linkedin.com/in/ivanliljeqvist/ Instagram: http://instagram.com/ivanontech/ Steemit: https://steemit.com/@ivanli Facebook: http://facebook.com/ivanontech/ Exclusive email list: http://eepurl.com/c0hyc9 🤑 Buy cryptocurrencies: https://www.coinbase.com/join/529bab0ab08ded7080000019 💰 Secure your Crypto with Hardware Wallets: Ledger: https://www.ledgerwallet.com/r/4607 Trezor: https://trezor.io/?a=rvj3rqtje3ph DISCLAIMER: This is NOT financial advice. This is just my opinions. I am not responsible for any investment decisions that you choose to make. Ivan on Tech by Ivan Liljeqvist
Views: 110067 Ivan on Tech
Bubbletone Blockchain in Telecom - how it works?
 
01:39
This animated video explains how Blockchain technology can make a revolution in Telecom industry, how it eliminate roaming and gives an opportunity to stay tuned everywhere anytime. More information: http://bubbletone.io
Public Blockchain VS Consortium Blockchain VS Private Blockchain
 
04:27
So as it stands there are three types of Blockchains available, and all three have there own positives and negatives. So we have public blockchain’s, consortium blockchain’s, and private blockchain’s. // VIDEO TAKEN FROM // View: https://www.udemy.com/blockchain/?couponCode=YOUTUBE10 // FREE BITCOIN WEBINAR // Join: http://bit.ly/2AR6v2v // CRYPTOCURRENCY & BLOCKCHAIN TUTORIALS // Sign-Up: https://www.b21block.com // FOLLOW ME ONLINE // Subscribe: https://youtube.com/c/RavinderDeolB21Block?sub_confirmation=1 Like: https://facebook.com/B21Block
HOW BLOCKCHAIN WORKS
 
02:38
HOW BLOCKCHAIN WORKS? A Step-by-Step Guide For Beginners.
Views: 131 rilcoin
How blockchain works
 
01:21
You've heard a lot about blockchain. It's time to learn how it works. Want to learn more? Visit http://bit.ly/2nhtP0Z