If you’re wondering what a Blockchain is, then this exclusive video is for you. We bring you an insightful video on Blockchain where we will be simplifying the concept in 15 minutes. Join our FREE Masterclass now: https://bit.ly/39QUl9P
🔹 What is Blockchain?
In simple words, “Blockchain is a unique system that records data in a way that it becomes difficult or let’s say next to impossible to change, hack, or cheat the system.” A blockchain is essentially a digital ledger of transactions distributed across the entire network of computer systems on the Blockchain and is entirely open to anyone and everyone. As the name suggests, Blockchain is a chain of multiple blocks, and each block contains several transactions that add up every time there’s a new or latest transaction. To ensure maximum security, every time there’s a new transaction, the record is added to every participant’s ledger, guaranteeing transparency in working.
Once the data has been recorded in the Blockchain, it is almost impossible to change because of its unique working method.
The following topics are covered in this “Blockchain for Beginners” video 👇🏼
0:00 Introduction
2:06 What is Blockchain
3:38 How does Blockchain Work
7:10 Proof of Work
12:50 Where is Blockchain is used
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