Blockchain in a nutshell | Consensus | POW | POS

I have been fascinated how technology is changing around us. We are witnessing a move from the centralised systems to decentralised systems. This has become due to the blockchain. Blockchain is in a similar stage how Internet was when it started. Imagine being a part of the service while being a user of the service. I am excited about this. Are you?

Timecodes
0:00 Introduction
0:58 Blockchain as a database
2:30 Problems with Centralisation
2:49 Decentralisation with Blockchain
3:38 How Decentralisation is possible in Blockchain?
4:30 Structure of Blockchain
5:29 What is Hashing? How Hashing helps?
7:10 How Blocks are connected?
9:23 How Blocks are added to the chain?
10:13 What are rewards?
11:02 Consensus Mechanism
12.33 Advantages of Blockchain

Know about ISRO, DRDO achievement: https://youtu.be/tqKBCYsR_XA
Know about the basics of AI, ML and DL: https://youtu.be/bOH52HElOpw
Know about Indian Microprocessors: https://youtu.be/XISHoRNRTzM​
Know about an autonomous vehicle: https://youtu.be/YQ_TtWwIXZk​
Know about processors explained in simple words: https://youtu.be/NIrONcdYYGU​
Know about Quantum Computers: https://youtu.be/tcI-ipnHFqA​

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#blockchain
#cryptocurrency
#proofofwork
#proofofstake
#decentralisation