How to works blockchain technology II simply explained how does blockchain work #blockchain #crypto



Published
Be sure to watch II How to works blockchain technology II simply explained how does blockchain work

In this video, we talk about #blockchain technology

Open the next link to learn more about: Be sure to watch II How #blockchain #technology works II simply explained how does blockchain work
to experience: ▶ https://youtu.be/f4hc6GZetQo

- How blockchain technology works
- simply explained
- how does blockchain work
- Be sure to watch

#Blockchain technology is most simply defined as a decentralized, distributed ledger that records the lineage of a digital asset. Due to its inherent design, the data on a #blockchain cannot be altered, making it a legitimate disruptor for industries like payments, cybersecurity, and healthcare. Our guide will walk you through what it is, how it is used, and its history.

What is Blockchain?

#Blockchain, sometimes referred to as distributed ledger #technology (DLT), makes the history of each digital asset immutable and transparent through the use of #decentralization and #cryptographic hashing.

A simple analogy for understanding #blockchain technology is a Google doc. When we create a document and share it with a group of people, the document is distributed instead of being copied or transmitted.

This creates a #decentralized distribution chain that gives everyone access to the document at the same time. Nobody is locked out to wait for changes from another party, while all changes to the document are recorded in real-time, making changes fully transparent.

Of course, #blockchain is more complicated than a Google doc, but the analogy is apt because it illustrates three key ideas about the #technology: #Blockchain is a particularly promising and #revolutionary technology as it helps reduce risk, eradicate fraud and provide transparency in a scalable way for myriad applications.

Please watch the whole video to learn how Blockchain Technology works, it's not that hard to understand once you get the hang of it, enjoy this Video https://youtu.be/f4hc6GZetQo

▂▃▄▅▆▇█▓▒░Thank You░▒▓█▇▆▅▄▃

Join me on Facebook: https://www.facebook.com/crypto.channel1
Join me on Twitter: https://twitter.com/Crypto_Channel7
Join me on Instagram: https://www.instagram.com/crypto_channel77/
Join me on Pinterest: https://www.pinterest.de/cryptochannel_/_created/
Join me on TikTok: https://www.tiktok.com/@crypto_channel77
Join me on Reddit: https://www.reddit.com/user/Crypto-Channel7

All of our videos are strictly personal opinions. Please make sure you do your own research. Never take someone's opinion for financial guidance. There are several strategies, and not all strategies will suit all people. Our videos ARE NOT financial advice.

Open the next link to learn more about: Be sure to watch II How #blockchain #technology works II simply explained #how does blockchain work
to experience: ▶ https://youtu.be/f4hc6GZetQo

Be sure to watch II How #blockchain #technology works II simply explained how does #blockchain work Be sure to watch II How #blockchain #technology works II simply explained how does #blockchain work #technology works II simply explained how does #blockchain work Be sure to watch II How #blockchain #technology works II simply explained how does #blockchain work Be sure to watch II How #blockchain #technology works II simply explained how does #blockchain work Be sure to watch II How #blockchain #technology works II simply explained how does #blockchain work Be sure to watch II How #blockchain #technology works II simply explained how does #blockchain work
Category
Cryptocurrencies
Be the first to comment