What Is Blockchain Technology | Blockchain Explained For Beginners

Welcome to the CryptoFlash Channel. You are currently watching: What Is Blockchain Technology | Blockchain Explained For Beginners

If you want to learn about cryptocurrency and become more educated about it, this is the channel for you! Please subscribe to our channel, and we assure you that you will have a great time with us!
➡️➡️ SUBSCRIBE: https://bit.ly/Cryptoflash

Blockchain technology has been a household term for the past few years, thanks to the history of drastic value changes it had in such a short time. But if you haven’t had a chance to know about what this new digital revolution is the onus is on you to be future-ready. This video will help you learn about this widely used technology and gain a solid foundation in Blockchain.

Cryptocurrency is a new financial world that is altering the way we think about money. In this channel, I'll explain cryptocurrency, the definitions you need to know, and how to get started right away!

Chapters:
00:00 Introduction
01:54 Public Blockchains
02:20 Private Blockchains
02:40 Hybrid Blockchains or Consortiums
02:57 Sidechains
03:15 How does public Blockchain work?
06:34 Proof of Work (PoW) and Proof of Stake (PoS)
07:05 What Is Proof of Work (PoW)?
08:41 Pros and Cons of Blockchain Technology!
08:56 Blockchain Technology is decentralized
09:31 Accuracy and Security
09:55 Blockchain is Both Transparent and Anonymous
10:14 Blockchain Prices are Volatile and a Risky Investment
10:36 Criminals use Cryptocurrency
11:00 Bitcoin Blockchain Processing Time is slow

You can join us on this exciting journey by clicking the subscribe link below.
Subscribe now to get our latest updates!
➡️➡️ SUBSCRIBE: https://bit.ly/Cryptoflash

➡️ Follow us on INSTAGRAM: https://www.instagram.com/cryptoflash.it/

Thank you for being here!
Stay Safe and Healthy,

CryptoFlash

#cryptoworld
#cryptocurrency
#blockchain
#crypto
#cryptocurrencynews