How does a blockchain work - Simply Explained

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Simply Explained

Simply Explained

Күн бұрын

Пікірлер: 3 800
@pummyy
@pummyy 5 жыл бұрын
If you cannot explain something simple enough for everyone to understand, then you have not understood it well enough. Great video.
@virjeeva
@virjeeva 5 жыл бұрын
This may not be true. Realativity theory , whoever explained , it is very difficult to grasp on.
@blissbrown8626
@blissbrown8626 5 жыл бұрын
@@virjeeva so have you understood everything?
@armaansoni6906
@armaansoni6906 5 жыл бұрын
Einstein's quote, I see :)
@alphamineron
@alphamineron 5 жыл бұрын
That's stupid
@rufus4779
@rufus4779 4 жыл бұрын
No matter how hard you try you can never get everyone to understand everything. Another liberal utopian dream. Attempting to get everyone to understand everything slows down everyone else to the point where everyone else is brought down to the level of the slowest person.
@janusz0905
@janusz0905 23 күн бұрын
*Excellent analysis, I am from Netherlands and I must say that you inspire me because I started investing in cryptocurrencies and trading as a scared investor who does not want to lose money. I am happy to say that I am now very profitable and I have never seen an analysis as well structured as yours. I have a total of $534 thousand dollars, with my $50 thousand I am very grateful for all the knowledge and information that you have given me.*
@AdalizFuentes
@AdalizFuentes 23 күн бұрын
What is the best strategy to make consistent profits with cryptocurrencies?
@ValquiriaSantos88
@ValquiriaSantos88 23 күн бұрын
How did you do it please? I consider buying and holding crypto assets a waste of time. I want to learn how to trade on Trade and start making daily profits.
@janusz0905
@janusz0905 23 күн бұрын
It is advisable to seek professional guidance when creating a solid financial portfolio due to its complexity.
@janusz0905
@janusz0905 23 күн бұрын
In my opinion, investing is not about getting rich but about gaining financial independence. You need a financial advisor to help you become a professional investor. I was successful following the instructions of my financial advisor *(Ruth Martinez).* So far, I have no regrets.
@kingadakourts5
@kingadakourts5 23 күн бұрын
0:00 Do you also invest with Ruth Martinez? Wow, that lady has been a blessing to me and my family.
@squishrabbit
@squishrabbit 2 жыл бұрын
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
@MarianMurphy-rz8ej
@MarianMurphy-rz8ej Ай бұрын
Why do you like cursing people? By your words you will be justified and by your words you will be condemned. You’re on a primrose path and it won’t end well if you don’t get right with Jesus…
@davidanderson6980
@davidanderson6980 2 жыл бұрын
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.
@obaidakotainy8060
@obaidakotainy8060 Ай бұрын
💯
@demitripeynado3458
@demitripeynado3458 2 жыл бұрын
Thank you! I was struggling to understand blockchain, but now I understand clearly in less than six minutes.
@earlaweese
@earlaweese 2 жыл бұрын
*This shit makes no sense. Quit fucking trolling.*
@shatimondal3775
@shatimondal3775 5 ай бұрын
Kardden Token time! This thing is lifting up in ways nobody did before
@ZacClogstoun-s8o
@ZacClogstoun-s8o Ай бұрын
As a newbie about to invest, you must have these three things in mind 1. Have a long term mindset. 2. Be willing to take risk. 3. Be careful on money usage, if you're not spending to earn back, then stop spending. 4. Never claim to know - Ask questions and it's best you work with a financial advisor,
@ben-u2x
@ben-u2x Ай бұрын
I'm new to investing and would like some expert advice on the best strategies and resources for beginners.
@ZacClogstoun-s8o
@ZacClogstoun-s8o Ай бұрын
As a beginner investor, it’s essential for you to have a mentor to keep you accountable. Evan Dennis is my trade analyst, he has guided me to identify key market trends,
@ben-u2x
@ben-u2x Ай бұрын
Please how can I get in touch with this Evan? I really need to give him a try
@ZacClogstoun-s8o
@ZacClogstoun-s8o Ай бұрын
he's mostly on Telegrams, using the user Name
@ZacClogstoun-s8o
@ZacClogstoun-s8o Ай бұрын
@Evandennistrader THAT IS HIS USER NAME
@KelvinHart-w5i
@KelvinHart-w5i 23 күн бұрын
Let me tell you something, I've been a miner and a trader, i lived through 3 bull runs and bear markets. It's always the same, in the middle of the bull run there is a 'stall' where weak get out and then market continues to rally. By all the metrics we will see 80k+ BTC, 6.6k ETH, 300+ SOL and BicolAI in a 30 - 40 range. And this will be very very soon, so stay strong!
@mechellemeldrum
@mechellemeldrum 23 күн бұрын
For the average person, the strategies are fairly demanding. In actuality, most professionals who have the necessary expertise to pull off such trades effectively carry them out.I've seen different people talking about this Mr Mustafar he must be very amazing for people to talk this good about him.
@KelvinHart-w5i
@KelvinHart-w5i 23 күн бұрын
I was big on gold and silver but a few months ago I discovered Bitcoin and Ethereum. Listening to lots of stuff from Nasirmustafar has been really helpful earned over $67,250 just a week working with him in my journey.
@KelvinHart-w5i
@KelvinHart-w5i 23 күн бұрын
This is he’s telegrams user name.
@BenjaminMouers-x4y
@BenjaminMouers-x4y 23 күн бұрын
The difference Mr Nasir Mustafar makes in my life is second to none it's definitely a life changing kindness. I really appreciate he's effort in my life.
@BenjaminMouers-x4y
@BenjaminMouers-x4y 23 күн бұрын
Seeing my broker talked on KZbin, This was exactly how I got the recommendation about Nasir Mustafar for the past years. Hit $200k today. Thank you for all the knowledge and nuggets you had thrown my way over the last months. Started with $20k in July 2024
@thelastexpress4270
@thelastexpress4270 2 жыл бұрын
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!
@emiromerovic6149
@emiromerovic6149 2 жыл бұрын
odlicno objasnjeno-svaki put nesto novo saznam i naucim.
@faisulhossainmallick8814
@faisulhossainmallick8814 3 ай бұрын
Kardden Token will moonshoot after CEX listing..
@evwilliams3368
@evwilliams3368 3 жыл бұрын
Thanks!
@Silumbe
@Silumbe 7 жыл бұрын
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
@owenscott7671 5 жыл бұрын
hello now are you doing
@PacJMG
@PacJMG 3 жыл бұрын
Probably the best and easiest to follow explanation of blockchain technology I’ve found on KZbin. Just subscribed!
@dulumvadara1747
@dulumvadara1747 5 ай бұрын
I see Kardden with 50x, maybe even 100x. Binance also gonna have that
@sri_rathna_mahi6806
@sri_rathna_mahi6806 4 жыл бұрын
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
@NoeliaCapilla-vp5zy
@NoeliaCapilla-vp5zy 6 ай бұрын
Министр, спасибо за этот метод - он работает на ура!
@LauraTixian
@LauraTixian 6 ай бұрын
Эта связка - настоящий открытие для меня, спасибо за рекомендацию!
@JesúsAlbertoCárdenas-c9j
@JesúsAlbertoCárdenas-c9j 7 ай бұрын
In my opinion AMS59K has great Potential to Pump due to all the ai innovation.
@weeevan3078
@weeevan3078 7 ай бұрын
Deja de escamear a a la gente mejor aprende a cantar como sebastian yantra
@HusseinAsaad-gl5lw
@HusseinAsaad-gl5lw 6 ай бұрын
Я также проверил эту связку и не могу не подтвердить её эффективность.
@sarikajori8934
@sarikajori8934 5 ай бұрын
Great analysis as always, Kardden Token is a strong contender
@chamig2002
@chamig2002 Жыл бұрын
The Bitcoin Express recommends a profitable trade set up by using technical analysis and monitoring support and resistance levels. The strategy involves buying at support and selling at resistance, with a stop loss in place to limit potential losses. This approach can be effective in volatile markets like cryptocurrency, where price movements can be rapid and unpredictable.
@chamig2002
@chamig2002 Жыл бұрын
TheBitcoinExpressOfficial✅ that's his verified handle
@chamig2002
@chamig2002 Жыл бұрын
he's active on TELEGRAMS with the name above
@estaclinton8756
@estaclinton8756 Жыл бұрын
Trading cryptocurrency has given me financial freedom. I can finally live life on my own terms.
@henrirosner5899
@henrirosner5899 Жыл бұрын
The trade signals provided by this trader have helped me achieve consistent profits. Highly recommended.
@spartonioxD
@spartonioxD Жыл бұрын
10/10 would scam bot again
@FernandoRamirez-np7lm
@FernandoRamirez-np7lm 7 ай бұрын
AMS59K is awaiting major CEX listings. Its possible to hit 100x this year.
@madylinspencer1017
@madylinspencer1017 3 жыл бұрын
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
@steveishere8808 3 жыл бұрын
Imagine making a video on a complex subject so good that students and professors alike appreciate it for their work
@CarnevalOne
@CarnevalOne 2 жыл бұрын
Do you have any idea what kind of future you are working/studying to create? Probably not. Sad.
@rogerkyle6822
@rogerkyle6822 2 жыл бұрын
Are a crypto currency trader
@tanmayja1n
@tanmayja1n 5 жыл бұрын
Thanks man, as someone with no experience in programming, this made me understood what it's about.
@blissbrown8626
@blissbrown8626 5 жыл бұрын
Are you trading bitcoin?
@nidhisahay1122
@nidhisahay1122 4 жыл бұрын
Oh uh got it na....toh plz explain this in 2lines..... Cz I m still confused
@tanmayja1n
@tanmayja1n 4 жыл бұрын
@@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
@nidhisahay1122 4 жыл бұрын
@@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
@tanmayja1n 4 жыл бұрын
@@nidhisahay1122 Glad it could help.
@CBJOKER195
@CBJOKER195 5 ай бұрын
Kardden Token is awaiting major CEX listings. It's possible to hit 100x this year.
@dukathneu
@dukathneu 7 жыл бұрын
Finally, after tons of videos I got it. Thank you!
@sunnypyun9909
@sunnypyun9909 7 жыл бұрын
Johannes Pales ll
@popingsung436
@popingsung436 7 жыл бұрын
same here hah
@BodySnatcherIV
@BodySnatcherIV 7 жыл бұрын
He did a great job making it plain and simple
@cryptotwitter7387
@cryptotwitter7387 7 жыл бұрын
Once you understand it another world opens
@Yestothetalk
@Yestothetalk 7 жыл бұрын
haha I still have a few more to go
@davidhowman4212
@davidhowman4212 4 жыл бұрын
"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!
@MdRihan-ei4yz
@MdRihan-ei4yz 5 ай бұрын
Coinbase listing Kardden Binance probably in line too
@AmeliaRogher
@AmeliaRogher 4 ай бұрын
Crypto currency is legit and it's for the future.I hope people will take interest to invest to live a comfortable live.
@havingfunonyoutube7034
@havingfunonyoutube7034 2 ай бұрын
I hate bots
@Crazelord91
@Crazelord91 4 жыл бұрын
This is a terrific video, I finally have a base understanding of what the block chain is, thanks!
@hezekhielloveth8457
@hezekhielloveth8457 3 жыл бұрын
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
@rogerkyle6822 2 жыл бұрын
Are a crypto currency trader
@Hannahbenowitz
@Hannahbenowitz 7 ай бұрын
My expectation for 2024 is that markets starts to broaden out more, with the rates cut i have a couple of questions....can I safely invest $220k in the markets? What should I do differently?
@HildaBennet
@HildaBennet 7 ай бұрын
Long term? Stocks! Small-Caps are poised to perform better in the coming year despite Fed actions with rates to make investors worried. you should look into which the Best Small-Caps Stocks to position into.
@FinnBraylon
@FinnBraylon 7 ай бұрын
Accurate asset allocation is crucial right now, and some individuals use hedging strategies or allocate part of their portfolio to defensive assets for market downturns. financial advisory is vital for achieving this. This approach has helped me stay financially secure for over five years, yielding nearly a million ROI
@PennyBergeron-os4ch
@PennyBergeron-os4ch 7 ай бұрын
Market behavior can be complex and unpredictable. Mind if I ask you to recommend this particular advisor to whom you have used their services?
@FinnBraylon
@FinnBraylon 7 ай бұрын
Sonya lee Mitchell is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
@PennyBergeron-os4ch
@PennyBergeron-os4ch 7 ай бұрын
I looked up her full name online and found her page. I emailed and made an appointment to talk with her; hopefully, she gets back to me.
@jamesnicholas7413
@jamesnicholas7413 Жыл бұрын
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
@jamesnicholas7413 Жыл бұрын
@martintreize6157 How can someone know a professional trader that is trustworthy when legit ones are hard to find this days
@jamesnicholas7413
@jamesnicholas7413 Жыл бұрын
@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
@jamesnicholas7413 Жыл бұрын
@martintreize6157 Thanks, i just message her now and she is directing me on how to start trading.
@chessgo5028
@chessgo5028 3 жыл бұрын
watched about dozen of videos on this and this one is the only one that is actually explains it. great job.
@nonexistent1711
@nonexistent1711 5 жыл бұрын
You lost me at the block Edit: jk I'm an early adopter
@SomethingSomewhereJustOnce
@SomethingSomewhereJustOnce 5 жыл бұрын
Watch it a few times, you'll get it. I too watched it a couple of times to get a hold of the concept.
@AndonisMarcus
@AndonisMarcus 5 жыл бұрын
Hahahahahaha
@blissbrown8626
@blissbrown8626 5 жыл бұрын
I can help you with the right informations.. and make you understand everything you need to know
@blissbrown8626
@blissbrown8626 5 жыл бұрын
@@SomethingSomewhereJustOnce so do you know everything you need to know right now?.. i can give you some guide if you want
@antoniowakardo7280
@antoniowakardo7280 5 жыл бұрын
@@blissbrown8626 can you send me a pm about the block chain technology, and especially a explanation would be great, thanks
@biklimbs1133
@biklimbs1133 3 жыл бұрын
one of best explanation i have ever seen. thanks for making it so simple.
@CarrollOlesen
@CarrollOlesen 6 ай бұрын
Thanks Mate, the sad truth is that no one has a clue, we all react to what happens as it happens and try to analyse it but can’t predict an iota of what is going to unfold in the markets… content creators are like amplifiers, when times are good they affirm it and try to tell you why it’s good and that it’s looking bullish but then all of a sudden the market turns bearish and everyone affirms it again and try to analyse why… it’s so sad that many are so powerless and it's not about guessing the market's next move; it's about playing it smart and steady during trading...managed to grow a nest egg of around 2.3Bitcoin to a decent 19Bitcoin in the space of a few months... I'm especially grateful to Craig Reeder, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape.
@CarrollOlesen
@CarrollOlesen 6 ай бұрын
He's mostly on Telegrams, using the user name
@CarrollOlesen
@CarrollOlesen 6 ай бұрын
CraigReeder That's his username.
@TainTsai-x2g
@TainTsai-x2g 6 ай бұрын
Over the years, I've been a part of numerous trading programs, sifting through a barrage of information. Yet, nothing has come close to the sheer clarity, depth, and precision of Craig insights. It's akin to finding a diamond in a coal mine.
@NancyKWeber-c4x
@NancyKWeber-c4x 6 ай бұрын
Profitable trading requires experience, a solid strategy,and preparation, which we lack, understand buy/sell ratios, identifying market leaders, and diversifying are key to reducing risk.
@مسلحموزیک
@مسلحموزیک 6 ай бұрын
In a field as rapidly evolving as cryptocurrency, staying updated is crucial. continual research and adaptation to the latest market changes have been instrumental in helping me make informed decisions.
@humansforcrypto9180
@humansforcrypto9180 3 жыл бұрын
Agreed 1000% I have watched this video many times and I will continue until it becomes second nature. Thanks man!
@omnipoten8
@omnipoten8 2 жыл бұрын
Amazing explanation in proper layman terms. Finally I have got a rough idea about blockchain .
@selimhanakgunes2168
@selimhanakgunes2168 7 ай бұрын
have you heard the yescoin before?
@anarki777
@anarki777 3 жыл бұрын
Wow, it took me like 10 years before I decided to look into what Blockchain actually means. Not as complicated as I imagined.
@motivateyourself6441
@motivateyourself6441 3 жыл бұрын
I don’t know why I still find it complicated
@giorgio4352
@giorgio4352 3 жыл бұрын
@@motivateyourself6441 it's fine, we all got different ways to think. Just watch another video about it and you'll get it
@ezekieldominiquintal7556
@ezekieldominiquintal7556 3 жыл бұрын
​@@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
@aw7614 3 жыл бұрын
@@ezekieldominiquintal7556 theres money to be made in this space for the average person for sure. just got to get creative
@ezekieldominiquintal7556
@ezekieldominiquintal7556 3 жыл бұрын
@@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.
@thatsmymortgagebroker5316
@thatsmymortgagebroker5316 3 жыл бұрын
Who's here wit me in 2021, beginning or furthering their crypto currency education?
@ronneldeleonbul2nddeo350
@ronneldeleonbul2nddeo350 3 жыл бұрын
Are we too late?
@imraimra7066
@imraimra7066 3 жыл бұрын
@@ronneldeleonbul2nddeo350 no it’s just the Beginning
@rosiecollins4099
@rosiecollins4099 3 жыл бұрын
Me! 🙋🏻‍♀️
@thatsmymortgagebroker5316
@thatsmymortgagebroker5316 3 жыл бұрын
@@ronneldeleonbul2nddeo350 We are just getting started!
@thatsmymortgagebroker5316
@thatsmymortgagebroker5316 3 жыл бұрын
@@rosiecollins4099Glad I am not alone haha
@jasonburke5628
@jasonburke5628 3 жыл бұрын
Success is about focusing Your energy on what creates results and using what you already know
@stephenhughes7520
@stephenhughes7520 3 жыл бұрын
Assets that can make you rich!
@kylehenderson1243
@kylehenderson1243 3 жыл бұрын
But I don't know why people remain poor due ignorance
@harrytucker8555
@harrytucker8555 3 жыл бұрын
@@kylehenderson1243 It's not ignorance but unprofessional broker in the market
@harrytucker8555
@harrytucker8555 3 жыл бұрын
Investing in crypto currency now is the best thing to do especially with the current rise in the market
@harrytucker8555
@harrytucker8555 3 жыл бұрын
So investing in it wouldn’t be a Bad idea
@OliulRahaman-uc2sw
@OliulRahaman-uc2sw 3 ай бұрын
I believe Kardden Token will go 100x after launch on Binance
@TribhuwannathUpadhyay-g9t
@TribhuwannathUpadhyay-g9t 5 ай бұрын
I respect your work mate so you say Kardden good one to use?
@susegeissler998
@susegeissler998 3 ай бұрын
I will be forever grateful to you, you changed my entire life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Veronica Hoy.
@HenryP.-ji5eb
@HenryP.-ji5eb 3 ай бұрын
I'm surprised that this name is being mentioned here, I stumbled upon one of her clients testimonies on CNBC news last week...
@VivianLian-sm5uo
@VivianLian-sm5uo 3 ай бұрын
Really you people know her? I was even thinking that I'm the only one she has helped walk through the fears and falls of trading
@ChristophAdino12w2
@ChristophAdino12w2 3 ай бұрын
You trade with Veronica Hoy too? Wow that woman has been a blessing to me and my family.
@ChantaleDelice-h1i
@ChantaleDelice-h1i 3 ай бұрын
I'm new at this, please how can I reach her?
@Lunlun07
@Lunlun07 3 ай бұрын
I was skeptical at first till I decided to try. Its huge returns is awesome. I can't say much
@jericheruvott7796
@jericheruvott7796 4 жыл бұрын
Now i realised "inception" is a simple movie.
@pharaoh6824
@pharaoh6824 4 жыл бұрын
*Now I realize 'Inception' is a "simple" movie
@SAURABHGUPTA_DINOSAUR
@SAURABHGUPTA_DINOSAUR 4 жыл бұрын
Lol man 😂😂✌️😄🤣 lmao u got mah point
@crystalphinpok7867
@crystalphinpok7867 4 жыл бұрын
Haha haha that is what I thinking
@jevinkothari4475
@jevinkothari4475 3 жыл бұрын
HHahaha
@Lumencraft-
@Lumencraft- 3 жыл бұрын
Best video EVER! Very clear, concise and easy to follow. This answered a ton of my questions.
@zystem
@zystem 3 жыл бұрын
And now i have 2 question 1. If i tamper First new Block (That not have Previous Hash), it will easy than tamper the Block on chain? 2. Who is the Node? Miner or Wallet user
@ryyb3880
@ryyb3880 3 жыл бұрын
1if you tamper with the genesis block (first one) then the second block will have a hash of it and other nodes on the network wont accept your node's version of the blockchain 2miner/validator. nodes do the work of making a proof (of most types.)
@marcinmorun
@marcinmorun 3 жыл бұрын
@@ryyb3880 IF You're "tempering" with what you're creating in the first place (genesis block), shouldn't the second block be the genesis block!? What I mean is this: Let's say that I'm the first AND only one in the world that "thought" (previous hash 0000) of the making of an «apple pie». Then, I'm writing down ingredients (123) and the steps (ABC) to make an «apple pie» into a blockchain (previous hash: 0000 + hash 1Z8F). Now. IF I changed, WITHIN "THOUGHT", of what I will ACTUALLY write into the blockchain (123ADC, for example), WITHOUT changing the "original" ingredients AND steps in my "mind" (123ABC, for example), how would someone "know" that I have tempered with the "original" source AND claim that it may or may not, have been "tempered", knowing that this "someone" "knows" ABSOLUTELY nothing of what is going on inside my head. Do you see the problem here? As you can see, I can only materialize in front of others "physical things" that I MAY have altered previously during the "imaginary" process without them EVER knowing if the "object" in front of them corresponds to the ORIGINAL "idea". Will they ever know what the original idea was? From a philosophical point of view, unless you believe in everything someone says as "true", any idea can be proven as "original" because we all "believe" to what we "think" is true. Therefore, a "proof" of "something" is part of "something" not a external extension that calls upon its own self, as it already is "self" and does not need to be recognized as is. It is its own self on the inside as on the outside. Troubling isn't it. The Kybalion says: ...there cannot be said to be any “Reason” whatsoever for The All to act, for a “reason” implies a “cause,” and The All is above Cause and Effect, except when it Wills to become a Cause...
@shahbazalam4268
@shahbazalam4268 3 жыл бұрын
@@marcinmorun Well, isn't that more like creating a new genesis block while replacing the old one? So, in effective I think it's pointless since it should only work (as in storing information) with more than zust genesis block. So, I think it's more like you are deleting someone's new bank account with 0 money and creating your own so in general you won't really steal any money(your target) out of it. Btw, I am no expert in this matter and only making wild guesses so I can be wrong and I would appreciate if someone corrects me.
@muhammadridhwan1075
@muhammadridhwan1075 2 жыл бұрын
bruh, he means the very latest created block, not the earliest which is genesis block
@ThatJosiahGuy
@ThatJosiahGuy 2 жыл бұрын
Here's the way I understand it (someone please tell me if i'm wrong because I wanna make sure I got it right): If you tried to tamper with a new block, you would almost certainly fail because your computer would have to be "stronger" than over half the nodes in the world COMBINED who all already verified the block. The first (genesis) block is unimaginably harder to hack because you would have to "undo" every block that came after it -- on every single node in the network COMBINED.
@Sdbbffsd
@Sdbbffsd 3 жыл бұрын
Thank you for breaking it down and adding the visual aid! Really appreciate it
@stanisawnowak1930
@stanisawnowak1930 3 жыл бұрын
I wish discovered this video years yearlier, at last I understood how it works.
@tylorwinner666
@tylorwinner666 3 жыл бұрын
I can help you out
@hardc0recryt090
@hardc0recryt090 3 жыл бұрын
Thanks for sharing your comments make a note to my trusted trader , William Charle on Watsapp ap to help you make profit in bitcoin and stock + 1 5 1 7 6 8 4 9 4 8 0 he's strategies are top notch 🇫🇯
@shakibreeza6199
@shakibreeza6199 3 жыл бұрын
@@tylorwinner666 can you help me out please? my uncle told me to do research on block chain as he said it’s the way to the future, this is my first video i’m going to watch more as i don’t understand but i want to learn about this and profit off it. anyway i can contact you by the way if you do help me i have zero knowledge so i may be a bit dumb. i’d say i have a average iq
@tylorwinner666
@tylorwinner666 3 жыл бұрын
@@shakibreeza6199 contact expert Mrs Blossom Jefferson,she'll be glad to help you out
@tylorwinner666
@tylorwinner666 3 жыл бұрын
@@shakibreeza6199 + 1 8 7 2 2 6 8 6 9 6 3
@JoshuaWilsonNZ
@JoshuaWilsonNZ 3 жыл бұрын
love you my man, I had the concept, but this really hits home the reasons and security behind blockchain. you nailed it
@QwertyUser1983
@QwertyUser1983 7 жыл бұрын
So, basically, blockchain is mutually agreed linkedlist? :)
@prajukpak7706
@prajukpak7706 6 жыл бұрын
How to? Make
@fuzzylilpeach6591
@fuzzylilpeach6591 6 жыл бұрын
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
@ahmadjamalmughal47 6 жыл бұрын
Oh yeah except indices they have hashes.
@nanditatiwari7882
@nanditatiwari7882 6 жыл бұрын
Yeah, it is a sort of doubly linked lists...
@AshwaniSharma0207
@AshwaniSharma0207 5 жыл бұрын
No, It's very different.
@terrygoff3549
@terrygoff3549 2 жыл бұрын
I'm impressed. Very easy to understand and well written. Thank you!!
@NateFleming-r3t
@NateFleming-r3t 3 ай бұрын
It took me four years to discover that forecasting the market based on charts is pointless; you never know what will happen. Without a mentor, those four years were miserable. Now, I watch market trends and keep things basic and disciplined. I currently earn an average of $35k every week, despite the fact that I barely trade myself.
@AbdouBa-k7x
@AbdouBa-k7x 3 ай бұрын
I AM new to crypto currency and don't understand how it really works. how Can someone know the right approach to make profits from crypto investments?
@ShannonHelms-m4i
@ShannonHelms-m4i 3 ай бұрын
As a beginner investor, it is essential for you to have a mentor to keep you accountable. Myself, I was guided by Marianne Schmitz. A widely known crypto consultant
@Jasperwood2796
@Jasperwood2796 3 ай бұрын
Yeah Marianne was my hope during the 'bear summer' last year. I did so many mistakes but also learned so much from it, and of course Marianne Schmitz is my number one source when it comes to crypto and TA.
@EddieWashington9477
@EddieWashington9477 3 ай бұрын
After I raised up to 325k trading with Marianne I bought a new House and a car here in the states ??also paid for my son's surgery
@graceoneal5735
@graceoneal5735 3 ай бұрын
I'm a bit perplexed seeing Marianne Schmitz been mentioned here also Didn’t know she has been good to so many people too this is wonderful, I'm in my fifth investment with her and it has been super.
@OmarAdnan1988
@OmarAdnan1988 6 жыл бұрын
Simple , useful , and clear . Thank you
@vdysrp
@vdysrp 6 жыл бұрын
Amazing and very "simply explained". Never seen such a simple animation for conceptualization of a technology. Kudos to the makers. Love it.
@grandbaycentral5741
@grandbaycentral5741 2 жыл бұрын
Great presentation. Agree😊😊
@rogerkyle6822
@rogerkyle6822 2 жыл бұрын
Are a crypto currency trader
@ziraprod6090
@ziraprod6090 Жыл бұрын
This is NOT simply explained. It will not work for most people. Close, but no cigar. Very good video.
@soyoungdesu7125
@soyoungdesu7125 2 жыл бұрын
Simple and Clear. This 5 minutes video helped me more than reading a blockchain related book. Thank you so much.
@askerakram9628
@askerakram9628 6 жыл бұрын
Simple and brief! Excellent work! Thank you!
@stevenpaul4394
@stevenpaul4394 2 жыл бұрын
Putting our time and effort in activities and investments that will yield a profitable return in the future is what we should be aiming for. Success depends on the actions or steps you take to achieve it.
@bezenhappync-s3d
@bezenhappync-s3d Жыл бұрын
Thank you. Crypto education is what the world needs the most right now. I don’t think that buy and hold is a valid investment strategy anymore. Not too diluted and to a degree, follows Boston’s trading ideas and signal tips for your portfolio growth and aggressiveness. He is a man who has not only taught me what the cryptocurrency trading world looks like but a secret to uplift my finance. Buying crypto and waiting for the price to shoot up is not the best way to invest in the market but buying and trading is Boston Weber’s trade signal does the heavy lifting, generating competitive returns for crypto traders and investors in the form of money and peace of mind. Time in the market vs. timing the market. If you keep that mentality as an investor, you will stay calm during the storm! Within some months I was making a lot more money and have continued on that same path with Boston Weber.
@bezenhappync-s3d
@bezenhappync-s3d Жыл бұрын
His program of expertise is all over the internet Boston Weber Crypto
@ComicalRealm-r2w
@ComicalRealm-r2w Жыл бұрын
The market's top signal provider. Highly knowledgeable and level-headed
@anthonywolf943-s4b
@anthonywolf943-s4b Жыл бұрын
Wow. I'm a bit perplexed seeing Boston Weber been mentioned here also. Didn’t know he has been good to so many people too, this is wonderful
@Mohammed12747
@Mohammed12747 Жыл бұрын
He appears to be well-educated and well-read. I ran a Google search on his name and came across his website; thank you for sharing.
@TheHockeyGuy-k7z
@TheHockeyGuy-k7z Жыл бұрын
A major distinction between winning and losing is using the right strategy and of course with signals like those of Boston, profit is assured.
@paxton4evr
@paxton4evr 6 жыл бұрын
After watching 7 or 8 other videos, I am glad to have found this one. Great job explaining this in an easy way!
@bruntdawson8982
@bruntdawson8982 3 жыл бұрын
Hello 👋
@mdsaunkhan
@mdsaunkhan 5 ай бұрын
Hlw
@Erickruiz562
@Erickruiz562 9 ай бұрын
Transfer of wealth usually occur during market crash, so the more stocks drop, the more I buy, in the meanwhile I'm just focused on making better investments and earning more as recession fear increases, apparently there are strategies to 3x gains in this present market cos I read of someone that pulled a profit of $350k within 6months, and it would really help if you could make a video covering these strategies.
@JimmyA.Alvarez
@JimmyA.Alvarez 9 ай бұрын
For the average person, the strategies are fairly demanding. In actuality, most professionals who have the necessary expertise to pull off such trades effectively carry them out.
@JanineJ.Cromwell
@JanineJ.Cromwell 9 ай бұрын
A downtrend offers an equally high-yielding avenue if you have the necessary skills and knowledge. This is why I've been using an investment advisor to scale up during this difficult time, and it's the only way I've been able to raise up to $150K in the last six months. It all comes down to technique. The downtrend gives you room to focus on the market and grow-substantially whether in the long or short run.
@BeverleeR.Ziegler
@BeverleeR.Ziegler 9 ай бұрын
I do not really know a lot about the market, but based on what little understanding I do have of supply and demand in the economy, now is the best time to enter the market. The only thing preventing me, however, are the steady price fluctuations, which shouldn't be a problem. However, I really need an advisor, can yours help?
@JanineJ.Cromwell
@JanineJ.Cromwell 9 ай бұрын
@@BeverleeR.Ziegler I work with Alicia Ann Jordan, a licensed fiduciary. Simply look up the name. The information you need to work with a letter to schedule an appointment would be included.
@thisissyedbasim
@thisissyedbasim 2 жыл бұрын
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!!
@selimhanakgunes2168
@selimhanakgunes2168 7 ай бұрын
have you heard the yescoin before?
@selimhanakgunes2168
@selimhanakgunes2168 7 ай бұрын
and do you have a telegram account
@markdunn756
@markdunn756 6 жыл бұрын
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.
@HannahNeedstoYell
@HannahNeedstoYell 2 жыл бұрын
Thank you for this video! The visuals are very effective and the script is simple enough for a beginner to understand without feeling condescending.
@zgunz18
@zgunz18 4 жыл бұрын
You deserve my comment! Best explanation.
@briancubero7913
@briancubero7913 7 жыл бұрын
Never understood blockchain until I found this video! Thank you!
@IETCHX69
@IETCHX69 6 жыл бұрын
Well. That's 69 of us now ....noice .
@philipbreedlove3296
@philipbreedlove3296 4 жыл бұрын
Hello
@bruntdawson8982
@bruntdawson8982 3 жыл бұрын
Hello 👋
@learningchamp7169
@learningchamp7169 5 жыл бұрын
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
@WeFIOCommunity
@WeFIOCommunity 3 жыл бұрын
This is the best explanation for crypto I've seen to date. Well done!
@rogerkyle6822
@rogerkyle6822 2 жыл бұрын
Are a crypto currency trader
@Veirralyne
@Veirralyne 2 жыл бұрын
Simplicity at its peak😌. Didn't know block chain was this easy
@carolinaahlstrand6133
@carolinaahlstrand6133 3 жыл бұрын
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
@rogerkyle6822 2 жыл бұрын
Are a crypto currency trader
@rupertwesker5964
@rupertwesker5964 3 жыл бұрын
this isnt just about crypto, its a prelude to a decentralized internet;
@pow1983
@pow1983 3 жыл бұрын
And I can't wait
@FC-bf8fb
@FC-bf8fb 3 жыл бұрын
Revolution Populi ($RVP) is working on that
@OS-yg9fr
@OS-yg9fr 3 жыл бұрын
@@pow1983 calm down
@jgrahumada2011
@jgrahumada2011 2 жыл бұрын
Great and simple explanation of blockchains. Very useful
@jessicawiley5797
@jessicawiley5797 2 жыл бұрын
Sorry for writing you, just out of curiosity your page come up on my suggested friend lists so I was just wondering if I knew you from somewhere?
@e-berry
@e-berry 5 жыл бұрын
5 minutes of my time made me understood everythings with this video. Thanks you very much :)
@PaoloFerrerChannel
@PaoloFerrerChannel 6 жыл бұрын
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
@rogerkyle6822 2 жыл бұрын
Hello
@URMOM27262
@URMOM27262 2 жыл бұрын
the best vid i watched on yt. u explained it vv.v.v.v.v. better and eaier in a short time. thanks a bunch
@balengdeh4812
@balengdeh4812 6 жыл бұрын
Thank you for saving my presentation!
@ntantar
@ntantar 6 жыл бұрын
Aaahhh the nostalgic memories of smashing your laptop after being introduced to linked lists during first year of computer science
@juanroberto8686
@juanroberto8686 4 жыл бұрын
It's no suprise that bitcoin a secure global and digital currency is claiming the interest if investors around the world. One awesome thing about it is the fact that it is open to everyone and offers an exciting oppurtunity to delve into an entirely new asset class
@jackholmes5588
@jackholmes5588 4 жыл бұрын
You tend to make loss when you buy at a higher price and sell at a lower price. The aim is the other way round which is to buy at a lower price and sell or trade at a higher price
@pranavpradhan5670
@pranavpradhan5670 3 жыл бұрын
I was watching this and took in this is literally a linked list
@hezekhielloveth8457
@hezekhielloveth8457 3 жыл бұрын
And the same feeling of hurts when I ignore Arbimoon, and then there is the weekly token burning and the market cap reaching to 2.5 b in 10 days, but it is still not that late
@harmonyheal683
@harmonyheal683 2 жыл бұрын
So many smart people out there 👍👍👍 I still need to continue watch a few more times lol
@NanitaRiino
@NanitaRiino 4 жыл бұрын
Best explanation I found on the internet!! Love this video!
@BluSaphireIn
@BluSaphireIn 2 жыл бұрын
Great explanation. Clear, succinct and accurate.
@Mickey.Youtube
@Mickey.Youtube 3 жыл бұрын
I was searching about blockchain. But I really understand it by this video. Blockchain created on very intelligent digital signs named 'hash'. this video help many people who wanna learn blockchain. thank you for helping my learning. I will try to share this video to our many Japanese people.
@DonnDenisse
@DonnDenisse 2 ай бұрын
Bitcoin is gearing up for a monumental leap to new all- time highs.
@Brett_trejo11
@Brett_trejo11 2 ай бұрын
Absolutely. It's an exciting time to be in crypto. Strap in and enjoy the journey.
@ErnestoHorner88
@ErnestoHorner88 2 ай бұрын
this is definitely superb! think you could suggest any professional/advisors i can get on the phone with??
@CathieGomez-mp8sk
@CathieGomez-mp8sk 2 ай бұрын
Yes grahamconsults
@Owemruther-hk4zn
@Owemruther-hk4zn 2 ай бұрын
On telegram?
@Morrisbraga-jm9lc
@Morrisbraga-jm9lc 2 ай бұрын
Yup grahamconsults
@yufliu
@yufliu 3 жыл бұрын
I was always a little confused how blockchain was anonymous but also at the same time everyone can see what’s going on. Now I kind of get it where it’s more so everyone agrees that nothing went bad so it keeps the integrity without compromising someone’s confidentiality
@rogerkyle6822
@rogerkyle6822 2 жыл бұрын
Are a crypto currency trader
@krishnapriya325
@krishnapriya325 3 жыл бұрын
The entire Blockchain playlist of this Channel is Amazing!!
@angelmarcus113
@angelmarcus113 3 жыл бұрын
Hi krishna
@crayason
@crayason 4 жыл бұрын
Finally I got it? Couldn't believe it was that simple. Cheers mate!
@alyssabrunning8774
@alyssabrunning8774 3 жыл бұрын
Thanks for watching, I have something real big I'd to introduce you to T.E.X.T / W•H•A•T•S•A•P•P +•1•9•0•4•5•1•3•0•5•9•6....
@chadwickburks2478
@chadwickburks2478 3 жыл бұрын
Absolutely the best easily understood blockchain video I've ever seen. Well done.
@rogerkyle6822
@rogerkyle6822 2 жыл бұрын
Are a crypto currency trader
@dreerable
@dreerable 3 жыл бұрын
The best simplified video on KZbin
@confused6526
@confused6526 5 жыл бұрын
@2:33 where you failed to explain: 1- How the hash got changed? 2 - How the new hash is created? and most important of all 3 - what is a hash?
@someonenew5198
@someonenew5198 5 жыл бұрын
a hash is simply like a password that been turned into hashtags so it can remain secret...
@fluffybunnie7825
@fluffybunnie7825 2 жыл бұрын
This was fun and easily understood by a investment challenged individual. Thank you!
@rogerkyle6822
@rogerkyle6822 2 жыл бұрын
Are a crypto currency trader
@panashifzco3311
@panashifzco3311 2 жыл бұрын
the most simplest of explanation for Blockchain found on the internet....Appreciate guys...!
@thefreeblockchaincourse885
@thefreeblockchaincourse885 4 жыл бұрын
A brilliant video, beautifully explained for beginners. Well done!
@TRADERSFRIEND
@TRADERSFRIEND 2 жыл бұрын
Oh my word!!! I soooooooooooo love you. I can not believe how easy to understand you made this video. It could have been titled blockchain for dummies. It was kindergarten simple. Thank you so very much!!!
@BSITVinluanEner
@BSITVinluanEner 2 жыл бұрын
simple explanation and very understandable ! loveyu bro
@nickbeats9883
@nickbeats9883 3 жыл бұрын
I have to make a presentation for this at my college, Can I use the illustrations used in this video? Nice explanation btw!
@dorcaskalon6548
@dorcaskalon6548 3 жыл бұрын
This is the most simplest, most understood video. Great work
@seerecap3638
@seerecap3638 Жыл бұрын
Great content I love it 😍😍😍😍😍😍😍😍 my question is what presentation software did you use to make this video I need to my class report
@Harrybrenthwood1
@Harrybrenthwood1 Жыл бұрын
It's a AI regulated software..DM for guild.
@beunmin6
@beunmin6 6 жыл бұрын
Finally, something that we all can understand.
@LucaPala
@LucaPala 7 жыл бұрын
Good job man and thank you.
@MrGamer-id4xf
@MrGamer-id4xf 2 жыл бұрын
You give good idea about BLOCKCHAIN
@carl___________
@carl___________ 3 жыл бұрын
Great video, thank you for breaking down this complex concept into a simple and understandable explanation. May God bless you man🙏❤️.
@TheDivisionDoctor
@TheDivisionDoctor 7 жыл бұрын
I don't usually rate videos but this was fantastic. Great work.
@simplyexplained
@simplyexplained 7 жыл бұрын
Thanks a lot! I appreciate it!
@mattttb13
@mattttb13 7 жыл бұрын
+1 !!
@engyinnlwin7126
@engyinnlwin7126 2 жыл бұрын
It's very simple, very straightforward and easy to understand
@jessicawiley5797
@jessicawiley5797 2 жыл бұрын
Sorry for writing you, just out of curiosity your page come up on my suggested friend lists so I was just wondering if I knew you from somewhere??
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