The Simplest and Best Blockchain Explained video (bite size learning) 19mins

Описание: The rest of the module is available for FREE via www.primerli.com/blockchain
Finally, learning about blockchain has been made simple!

This is 19 minutes of Blockchain binge learning - and it represents 50% of the Blockchain learning module provided by Primerli. Just visit the link ☝️on our website, signup, and you have the full learning module 😊

This video on Blockchain covers these key takeaways:
✅ What is a Blockchain?
✅ How does Blockchain work?

The other parts of the learning module (available at www.primerli.com/blockchain) covers:
✅ How is Blockchain used in different industries
✅ Blockchain applied in capital markets
✅ Blockchain applied in supply chain
✅ Blockchain applied in healthcare and government

Key Sections in this video are:
0:26 - Trust in Contracts
0:36 - Central Source of Truth
0:51 - Central Authority
1:10 - Record Keeping
1:20 - Blockchain, digital record keeping
1:48 - Blockchain, no central authority
2:10 - Satoshi Nakamoto, Bitcoin
2:41 - Record keeping protocol
3:00- Next generation database
3:17 - Storing information in a highly trusted and secure way
3:32 - Creating trust with no central authority
4:17 - What would it take to work?
4:22- Signalling when data changes
4:37 - Making group decisions about changes
4:51 - Blockchain protocol
5:14 - How it works in a practical example
5:34 - Adding blocks
5:42 - Linking blocks
5:51 - Recording changes in blocks
6:15 - The Hash (e.g. SHA-256)
6:39 - Broken links
7:12 - Immutable
7:29 - Distributed
8:02 - Traditional database
8:13 - Blockchain
8:21 - Distributed storage of records, Nodes
8:42 - Proposing the addition of data
8:47 - Changes of ownership
8:57 - Node agreement
9:12 - Latest source of truth
9:19 - How it works in practise
9:37 - Transaction validation
10:15 - Bitcoin transaction approvals (private keys)
11:10 - Protocol consensus mechanisms - Bitcoin, Proof of Work
11:40 - Cryptographic algorithms
12:00 - Bitcoin mining
12:43 - Mining pools
12:59 - Proof of stake
13:29 - The Merge (Etherium)
13:35 - Bitcoin - digital currency
13:44 - Etherium - decoding info about non financial information
14:04 - Tokens and Cryptocurrencies
14:55 - Transaction processing
15:18 - Potential for scalability challenges
15:38 - Blockchain trilemma
16:15 - Scalability solution, batching transactions together
16:55 - Layer 2 Blockchains
17:17 - Rollups
17:25 - Bitcoin & Etherium
17:44 - Etherium layered structure of Blockchains
18:19 - Tokens and Coins
18:35 - Data storage containers

The Simplest and Best Blockchain Explainer video animation (bite size learning at its best)

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