in

Blockchain : BLOCKCHAIN 101 _ Full Basics

Blockchain : BLOCKCHAIN 101 _ Full Basics


This [***”Blockchain 101″ video***](https://www.youtube.com/watch?v=WC794IwOuL0) will help you understand what is Blockchain, what is Bitcoin, why Blockchain, how does Blockchain work, applications of Blockchain, who uses Blockchain, Blockchain concepts which includes SHA-256 encryption, public and private key, distributed public ledger, proof of work, mining and at the end, you will also see a demo on Blockchain. Bitcoin is a digital currency which is used to send and receive money across the world in a decentralized manner with minimum transfer fee. Bitcoin does this by storing and transacting money over a distributed peer to peer network called Blockchain. Now, lets deep dive into this video and understand what is Blockchain 101 and how does it actually work.




View the link

What is the Blockchain?



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.

Author: pooja307

Score: 0

Don’t forget to share the post if you love it !

CryptoCurrency : Ledger now supports PoA, Icon, VeChain, WanChain, Ontology, Kowala, particl and RSK.

Ripple : Daily XRP Discussion Thread 07/25/18