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Here is the last video of the youtube channel 99Bitcoins. It's called What is Blockchain? Blockchain Technology Explained Simply and as you can imagine, it's already of great interest to Internet users. You can find it right here.
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For your information, you can find below the description of the video What is Blockchain? Blockchain Technology Explained Simply published by the Youtube channel 99Bitcoins:
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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/
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