How does a blockchain work - Simply Explained

What is a blockchain and how do they work? I'll explain why blockchains are so special in simple and plain English!
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#blockchain #simplyexplained #cryptocurrency #bitcoin

[@pummyy]

If you cannot explain something simple enough for everyone to understand, then you have not understood it well enough. Great video.

[@virjeeva]

This may not be true. Realativity theory , whoever explained , it is very difficult to grasp on.

[@blissbrown8626]

@@virjeeva so have you understood everything?

[@jakubsebek]

Disagree

[@armaansoni6906]

Einstein's quote, I see :)

[@alphamineron]

That's stupid

[@FernandoMartinez-hk3wv]

As someone who's always curious about this subject, I found this video incredibly interesting and the shortest way to success is to find a document or book in which everything was explained to you, not half explained. I can recommend the book Forbidden Crypto Hacks. So let me know what your impressions are.

[@thelastexpress4270]

Dude you've explained this so well! I've search many sources before and couldn't grasp the concept. You used visual guides excellently as well! I only understand now thanks to you!

[@carl___________]

Great video, thank you for breaking down this complex concept into a simple and understandable explanation. May God bless you man🙏❤️.

[@sri_rathna_mahi6806]

I googled and went through almost all the websites but you were the best. Rest all made it impossible for me to present a poster in my university. I almost thought to give up. Thanks for this. I promise to give the perfect presentation on the D-Day...! THANK YOU so much SAVJEE

[@dukathneu]

Finally, after tons of videos I got it. Thank you!

[@sunnypyun9909]

Johannes Pales ll

[@popingsung436]

same here hah

[@BodySnatcherIV]

He did a great job making it plain and simple

[@cryptotwitter7387]

Once you understand it another world opens

[@mberryfr]

haha I still have a few more to go

[@omnipoten8]

Amazing explanation in proper layman terms. Finally I have got a rough idea about blockchain .

[@HannahNeedstoYell]

Thank you for this video! The visuals are very effective and the script is simple enough for a beginner to understand without feeling condescending.

[@askerakram9628]

Simple and brief! Excellent work! Thank you!

[@thefreeblockchaincourse885]

A brilliant video, beautifully explained for beginners. Well done!

[@thisissyedbasim]

This is the best explanation on blockchain. Watched ton of videos, got some idea but not much clarity as your video. Simple and straightforward explanation!! You got a new subscriber. Great job!!

[@Sdbbffsd]

Thank you for breaking it down and adding the visual aid! Really appreciate it

[@paxton4evr]

After watching 7 or 8 other videos, I am glad to have found this one. Great job explaining this in an easy way!

[@bruntdawson8982]

Hello 👋

[@Crazelord91]

This is a terrific video, I finally have a base understanding of what the block chain is, thanks!

[@hezekhielloveth8457]

Dude now it is your time to understand the Arbimoon, and do some research because what I have seen regarding it is really gonna worthy

[@rogerkyle6822]

Are a crypto currency trader

[@terrygoff3549]

I'm impressed. Very easy to understand and well written. Thank you!!

[@PacJMG]

Probably the best and easiest to follow explanation of blockchain technology I’ve found on KZbin. Just subscribed!

[@PaoloFerrerChannel]

Wow! I've been researching about this for a time and this video is the clearest explanation I've come across. Thanks so much for making this. I'll definitely check out your other stuff.

[@rogerkyle6822]

Hello

[@mymaninchampagne]

At last, an understandable explanation of blockchain with clear, simple and yet informative illustrations and commentary. Thank you

[@marywallace20]

This is not understandable to me at all!

[@amanuelermiaserbo913]

I liked it too, the way it present it is clear and simple

[@powerisme7551]

Please explain proof of work

[@loffu6894]

@@amanuelermiaserbo913 l l 9 o oo ô

[@karinemariem2081]

it's just fake.. scam..

[@emiromerovic6149]

odlicno objasnjeno-svaki put nesto novo saznam i naucim.

[@Lumencraft-]

Best video EVER! Very clear, concise and easy to follow. This answered a ton of my questions.

[@tanmayja1n]

Thanks man, as someone with no experience in programming, this made me understood what it's about.

[@blissbrown8626]

Are you trading bitcoin?

[@nidhisahay1122]

Oh uh got it na....toh plz explain this in 2lines..... Cz I m still confused

[@tanmayja1n]

@@nidhisahay1122 You (a "node") have a file of transactions on your computer (a "ledger"). Two government accountants (let's call them "miners") have the same file on theirs (so it’s "distributed"). When you make any transaction, your computer sends an e-mail to each accountant to inform them. Each accountant rushes to be the first to check whether you can afford it (and be paid their salary "Bitcoins"). The first to check and validate hits “REPLY ALL”, attaching their logic for verifying the transaction ("proof of work"). If the other accountant agrees, everyone updates their file… This concept is enabled by "Blockchain" technology.

[@nidhisahay1122]

@@tanmayja1n wow now I got it Thank you 😊 I tried really hard to understand it through notes but all the ways I found were confusing..... Finally easy explanation.....n really helpful

[@tanmayja1n]

@@nidhisahay1122 Glad it could help.

[@j0p1n0y3]

Very good explanation sir! Appreciate the high level overview that makes me understand a very complicated process.

[@erickafabian5879]

Please kindly inbox to know more about the the blockchain wallet

[@atwash1017]

You do an amazing job explaining things! I’ve fallen into a hole with four videos because it’s so easily understood. Awesome job!

[@typicalgamer1339]

a poop fart

[@BluSaphireIn]

Great explanation. Clear, succinct and accurate.

[@NanitaRiino]

Best explanation I found on the internet!! Love this video!

[@mdyaqub9]

Wow... super video..very informative and useful one. Great job

[@blissbrown8626]

Are you in?

[@JoshuaWilsonNZ]

love you my man, I had the concept, but this really hits home the reasons and security behind blockchain. you nailed it

[@moodylogs]

Thank you for the great video! Super easy to comprehend and the graphics were visually nice to see.

[@OmarAdnan1988]

Simple , useful , and clear . Thank you

[@daniellaerachannel]

very well explained thank you ! 😊 some more concepts about smart contracts live platform as cryptokitties please!

[@blissbrown8626]

I know great platforms where you could make great returns daily

[@Wtm_ty]

Bliss Brown where

[@Justme-jp7py]

Thank you! ❤️ You explained well.

[@chessgo5028]

watched about dozen of videos on this and this one is the only one that is actually explains it. great job.

[@utkarshupadhyay9311]

The best video on youtube explaining blockchain. Great effort.

[@elnazdadvar1690]

perfectly and simply explained, thank you!

[@humansforcrypto9180]

Agreed 1000% I have watched this video many times and I will continue until it becomes second nature. Thanks man!

[@squishrabbit]

Holy crap, I actually understand Blockchain after like 10 years of not knowing wtf everyone was talking about. Thank you so much for your video

[@davidhowman4212]

"Blockchain is a chain of blocks" Oh, now I understand! Seriously though, this video was great and really helped me understand better. Now time for the smart contracts video!

[@e-berry]

5 minutes of my time made me understood everythings with this video. Thanks you very much :)

[@madylinspencer1017]

Just wanted to say I'm citing your video in a paper I'm writing for my health information systems class. My professor also showed your video in class one day a month or two after I had found it. Needless to say, this video has been quite helpful for explaining blockchain in a way which is easy to understand lol. Thanks!

[@steveishere8808]

Imagine making a video on a complex subject so good that students and professors alike appreciate it for their work

[@CarnevalOne]

Do you have any idea what kind of future you are working/studying to create? Probably not. Sad.

[@rogerkyle6822]

Are a crypto currency trader

[@chadwickburks2478]

Absolutely the best easily understood blockchain video I've ever seen. Well done.

[@rogerkyle6822]

Are a crypto currency trader

[@dezenaamvergeetiknie]

Thank you for this video, so much clearer than the others. Very nice.

[@trading2society513]

Really nicely explained, good job there! This is the start of an amazing technology.

[@rogerkyle6822]

Are a crypto currency trader

[@davidanderson6980]

This is by far the best blockchain "for dummies" video on youtube. None of that confusing Alice sends Bob $, Bob sends Joe $, confusion. If you can understand what blockchain technology is on a fundamental level, the rest of it all fills itself in intuitively.

[@carolinaahlstrand6133]

Congratulations, simplicity at its best, I have read articles about it that failed to mention some of the points you mentioned in your video. Looking fwd to continue learning from you. Great job!

[@rogerkyle6822]

Are a crypto currency trader

[@TechAtoZ]

Thanks man. It is a great video, nice use of graphics too. And links in the description were also very helpful.👌👍

[@anarki777]

Wow, it took me like 10 years before I decided to look into what Blockchain actually means. Not as complicated as I imagined.

[@motivateyourself6441]

I don’t know why I still find it complicated

[@giorgio4352]

@@motivateyourself6441 it's fine, we all got different ways to think. Just watch another video about it and you'll get it

[@ezekieldominiquintal7556]

​@@motivateyourself6441 The intention of the blockchain is basically to create encryption for all digitalized information that exist in every records of mankind. Cloud storage for everything that digitally exist. And those records without digital records can be provided by digital representation like a QR code but blockchain uses Hash instead. Hash is basically a mathematical formula that is almost impossible to reverse. For context, addition can be reversed by subtraction, multiplication with division, quadratic equation with quadratic formula. The level of complication in the Hash formula is too complex to find a solution for reversibility. This resulted to Hash formula to be the most complex mathematical formula ever developed. This may remove multiple variety of encryption of similar items in the internet which more often that not, prevents a smooth and safe transaction due to repetitive encryption and decryption of weaker encryption formula. This does not however stop others from creating another encryption on top of the Hash. And that is a good thing, since if ever by some miracle that someone manage to figure out a Hash solution, then all content of blockchain will be the biggest gold mine to ever exist in the history of mankind. TL:DR Block chain is meant to create security for items/events/transactions that can be put in public. Preventing theft, promoting public integrity, ease of access. But some information that needs privacy can still be put in blockchain by way of applying another encryption on top of Hash.

[@aw7614]

@@ezekieldominiquintal7556 theres money to be made in this space for the average person for sure. just got to get creative

[@ezekieldominiquintal7556]

@@aw7614 definitely. I'm pretty new in game development and I've been studying this concept. There are games wherein some items that you found/trained/created can be sold in the game's blackmarket as an NFT. These NFTs can be used on different games that implements those particular items. Basically, an item developer can work with other game developers to implement the same NFT in their games. Now, that NFT will be useable whichever games that uses it. Example: If a shiny pickachu is an NFT, it can be sold in the blackmarket providing profits for both the player and the developers (maybe as a service fee). When it is transferred in a different game, the item's implementation can be different from its origin. Which means, a shiny pikachu may not necessarily be a pokemon in other games but a card, a potion, or a weapon. NFT (Non-fungible token) - an item inside blockchain.

[@nilaypatel1671]

Seriously, very helpful. Thankyou!

[@jamesnicholas7413]

I'm new to all this crypto, feels overwhelming but I won't give up on learning this. Thanks for you clear explanation from the very beginning!

[@jamesnicholas7413]

@martintreize6157 How can someone know a professional trader that is trustworthy when legit ones are hard to find this days

[@jamesnicholas7413]

@martintreize6157 This is not the first time I am hearing of Mrs Keitha Henderson. and her exploits in the trading world but I have no idea how to reach her.

[@jamesnicholas7413]

@martintreize6157 Thanks, i just message her now and she is directing me on how to start trading.

[@learningchamp7169]

The way you explained is amazing. Thank you so much it feels like soon i will become blockchain expect if start implementing block chain from your videos. God bless you great work

[@briancubero7913]

Never understood blockchain until I found this video! Thank you!

[@IETCHX69]

Well. That's 69 of us now ....noice .

[@philipbreedlove3296]

Hello

[@bruntdawson8982]

Hello 👋

[@TheRasta25]

Nice and simple. I've been looking all over to understand this.

[@sheheryarmohsin8215]

An excellent explanation. Loved your efforts.

[@mkmason2002]

So clear!!!! I loved it!!!

[@JuanHernandez-pf6yg]

Very well exolained, thank you!

[@biklimbs1133]

one of best explanation i have ever seen. thanks for making it so simple.

[@auburnlavonne5574]

Thank you for taking the time to explaining the do's and don'ts for stock trading. I found your material very easy to understand. Now, I will try to put it to work for me.

[@Silumbe]

I watched a number of videos on BlockChain,I barely understood until found yours! It is a short,simple,articulate and informative video. From Tanzania in East Africa,Thank you so much

[@owenscott7671]

hello now are you doing

[@LucaPala]

Good job man and thank you.

[@deutschermorisco1833]

Simple and claire, thank's 👍

[@soulisticbeats3589]

Great explanation. Thank you for this.

[@jericheruvott7796]

Now i realised "inception" is a simple movie.

[@pharaoh6824]

*Now I realize 'Inception' is a "simple" movie

[@SAURABHGUPTA_DINOSAUR]

Lol man 😂😂✌️😄🤣 lmao u got mah point

[@crystalphinpok7867]

Haha haha that is what I thinking

[@jevinkothari4475]

HHahaha

[@markdunn756]

Seriously great video man. I've read like 3 articles and left confused each time. Your video really glued it all together. Block Chain is exciting.

[@dorcaskalon6548]

This is the most simplest, most understood video. Great work

[@soyoungdesu7125]

Simple and Clear. This 5 minutes video helped me more than reading a blockchain related book. Thank you so much.

[@vandy420able]

Well explained! Thank you!

[@kav1187]

Great video. Straight to the point and clear. Thank you

[@rogerkyle6822]

Are a crypto currency trader

[@saxophonecsb7398]

Clear and articulate video. Awesome.

[@mrsamkeith]

fantastic breakdown and really well explained.

[@sivaparanitharan3544]

Savjee! Thank you. You are very easy to follow and superbly illustrated. Kindly keep doing more. Best Regards

[@rogerkyle6822]

Are a crypto currency trader

[@EvanThomas]

very helpful, thanks for making this video

[@krantzmichaeljoseph5343]

Evan Thomas Hi, i have a proposal for you, send me a private message to my official email so i put you through on how to generate bitcoin into your wallet with ease.

[@CromaCampusOfficial]

Thanks for sharing this video really helpful to understand blockchain.

[@kentuckyblugrass]

My word...Thank you for such a great illustration of what & how it works. 🙏🏻

[@rogerkyle6822]

Are a crypto currency trader

[@NANGSGARAGE]

Nice n simple bro, good work

[@barryfromeastenders7032]

NANGSTAGRAM TV what is it for though? Just coins? I don’t get it you can’t send a body in a cube

[@ryanafif5559]

Well explained mate! Thank you so much!

[@ethanhart2081]

Hello Ryan, I got a proposal that will interest you. Are you into cryptocurrency?? I want to introduce you to binary options trade and how you can make money every day using your mobile phone

[@nickbeats9883]

I have to make a presentation for this at my college, Can I use the illustrations used in this video? Nice explanation btw!

[@arshirizvi6421]

It's really amazing !! Great work 👏 I m currently working as an intern in Ednerds and want to know abt blockchain technology and this video has really helped me !!

[@ara7546]

Nice )), it would be great if you would continue with your blockchain tutorials but more complete exemple,would be great !

[@HabtamMagazine]

Explained Well! Thank you!

[@jasonburke5628]

Success is about focusing Your energy on what creates results and using what you already know

[@stephenhughes7520]

Assets that can make you rich!

[@kylehenderson1243]

But I don't know why people remain poor due ignorance

[@harrytucker8555]

@@kylehenderson1243 It's not ignorance but unprofessional broker in the market

[@harrytucker8555]

Investing in crypto currency now is the best thing to do especially with the current rise in the market

[@harrytucker8555]

So investing in it wouldn’t be a Bad idea

[@QwertyUser1983]

So, basically, blockchain is mutually agreed linkedlist? :)

[@prajukpak7706]

How to? Make

[@fuzzylilpeach6591]

yeah that's what I thought too. it's interesting how a lot of 'new' technology is, at a conceptual level, not new at all. it just takes a while to implement things practically, or find a use for them.

[@ahmadjamalmughal47]

Oh yeah except indices they have hashes.

[@nanditatiwari7882]

Yeah, it is a sort of doubly linked lists...

[@AshwaniSharma0207]

No, It's very different.

[@Kmmc2011]

Thanks for this. Listened to at 1.25 speed and it was great

[@balasmj]

Wow... 👍👍👍👍

[@bagsbrickerman3168]

Dude you did it. The perfect blockchain explanation. Excellent work.

[@ChandraTan-zy2eh]

Thank you so much, best video explanation ever. Keep up the good work!

[@aymanalrifai6204]

Thank you for making it simple to understand

[@Creativeloot]

Fantastic work bro! We subbed, this new tech is so exciting, we're thinking of making our own vid on it soon!

[@angusscott8709]

Wow… Great clear and concise explanation!

[@Ratlins9]

Great job explaining this.

[@medaho]

Hi Savjee You just made my understanding of something complex easier and now i can talk about ''The blockchain''. Great explanation.

[@rogerkyle6822]

I would like to recommend to you a very reliable platform

[@satnamo]

Thank you very much a simple and beautiful explaination of blockchain in cryptographic currency, Savjee.

[@AshishSharma-dz3ft]

Wow finally i understand blockchain. Thanks man

[@brandinsider4527]

a very good video, lots of information. learned a lot. liked and watched

[@kamranabid3600]

Great video - very well explained, well done!

[@rogerkyle6822]

I would love to recommend to you a very reliable platform

[@Samuelrajsams]

U r really doing excellent job It's really understandable even layman also

[@demitripeynado3458]

Thank you! I was struggling to understand blockchain, but now I understand clearly in less than six minutes.

[@earlaweese]

*This shit makes no sense. Quit fucking trolling.*

[@justintrinidad]

Definitely the best video in KZbin related to the topic. Thank you!

[@aranguren12]

Hello Savjee, thank you for this video. I´d like to ask you if the illustrations used in this video can be used in academic papers . (Attributed of course)

[@franceshamilton6947]

Very well crafted, informative yet simple explanation. Thank you very much

[@rogerkyle6822]

Are a crypto currency trader

[@bjornvandenbroecke3583]

🙏🙏🙏 thanks for breaking down this in a verre simple way.

[@peterc.7841]

Quite helpful, thanks. Most articles about blockchain don't seem to understand it themselves.

[@ranjeetapegu9015]

Nicely explained..after lots of searching I find this video most helpful

[@Supremax67]

There is better tech coming, blockchain has been around for 10 years now and they are still trying to fix the problems with it. A big announcement should be coming later this year.