Blockchain Tutorial For Beginners - 1 | Blockchain Technology | Blockchain Tutorial | Simplilearn

Skip ad
164 Views

  • Thanks! Share it with your friends!

    You disliked this video. Thanks for the feedback!

Techchannel
Published
This Blockchain tutorial video will help you understand what is Blockchain, the Bitcoin story, features of Blockchain which includes public distributed ledger, hash encryption, proof of work, mining and at the end you will also see a use case on how banks are using Blockchain in validating user identities. A blockchain is a digitized, decentralized, public ledger of Bitcoin transactions. The technology verifies transactions and creates a “chain” of blocks of data including a timestamp that is linked to other blocks so that a block can’t be changed. In simple words, Blockchain is a list of records (blocks) which stores data publicly and in chronological order and mining is the process of adding a block to the Blockchain. Now, let us get started and understand what is Blockchain and its features.

Category
Tech Education Channel
Be the first to comment