Bitcoin | How it works?

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Күн бұрын

Bitcoin is a cryptocurrency and worldwide payment system.
It is the first decentralized digital currency, as the system works without a central bank or single administrator.
The network is peer-to-peer and transactions take place between users directly, without an intermediary.
These transactions are verified by network nodes through the use of cryptography and recorded in a public distributed ledger called a blockchain.
Bitcoin was invented by an unknown person or group of people under the name Satoshi Nakamoto and released as open-source software in 2009.
Bitcoins are created as a reward for a process known as mining.
They can be exchanged for other currencies,products, and services.
The blockchain is a public ledger that records bitcoin transactions.
In this video we will see :
- What is Bitcoin
- Price of Bitcoin
- Why it is important
- Digital CryptoCurrency
- How bitcoin looks
- How can we use bitcoin
- Units of Bitcoin
- Satoshi
- Miners
- Blockchain
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Пікірлер: 47

@GauravGohil 6 жыл бұрын

Nice Explanation sir... Thanks you because i was waiting this kind of similar videos from you.

@anuragpratapsingh6857 6 жыл бұрын

Reddy sir, you're really very very admired n influential mentor.

@marklee1194 6 жыл бұрын

A very good formal introduction to Bitcoin.

@vivekhattarge5795 5 жыл бұрын

Awesome video as usual.... Hope to see next part soon

@440rajeev 6 жыл бұрын

Very well explained ..Thanks again for sharing knowledge ..keep up the good work

@quicklearn4787 6 жыл бұрын

Thank you for exploring the bit coin world

@devant4617 6 жыл бұрын

very clear explanation... thank you..

@chinmaydas4053 6 жыл бұрын

Want to see blockchain,Bitcoin more videos with application,coding in details...yes our expectations from you sir very very high..our love and respect for you sir...

@gauravramrakhyani7593 6 жыл бұрын

Great Explanation

@TrendRain 6 жыл бұрын

Please make in-depth video series on blockchain, from beginning to professional

@singhmanmeet89 6 жыл бұрын

Very nice video. I must say brother that you plain things very simply and clearly. Do you have any video on Angular 5 i am new to angular and thought to learn angular 5

@julesnsenda 6 жыл бұрын

Thanks. Can we get an example of hardware we can buy for mining?

@riteshkumarsinha7823 6 жыл бұрын

Sir Upload detailed video on blockchain technology...plz

@kartiksinghrajput4297 6 жыл бұрын

Thanks sir for this video. what kind of puzzle miners solve? What is actual work of miners? I want to know more details on mining.

@muralinaidu1059 6 жыл бұрын

puzzle is nothing but trail and error to match the key. try different combination to unlock it. to do this we need a computer in initial days of bitcoin, actually a lot of computers now. Miners are people who use their computers to solve this puzzle and broad cast the approved transaction. BTW miners are not programming or anything, they just enter the bitcoin network, give their servers. for using their resources when a transaction is approved, these miners are paid bitcoins that are produced from thin air.

@mohammadabbas6800 4 жыл бұрын

Well explained 👏

@saikiranbhamidipati6206 5 жыл бұрын

Can u please explain more about transaction failure cases in Bitcoin ?!

@chinmaydas4053 6 жыл бұрын

Yes nice video,it's better if you discuss those topics more elaborately like you didn't describe peer to peer network in details..

@omkarakadam 6 жыл бұрын

Please make detail video on hardware specs for bitcoin minning

@prakashsubramanian499 5 жыл бұрын

Please do elaborate about block chain and also about mining

@ansumansahoo3606 3 жыл бұрын

Most underrated KZfaqr in the lake of knowledge

@SukruthJayam 6 жыл бұрын

well explained sir

@deadnight700 6 жыл бұрын

Hi Naveen - Requesting a video for you to explain - "How do we use Cryptocurrency APIs to build apps in Blockchain" :)

@skuy07 6 жыл бұрын

Are miners the same who are present to authenticate that the new block created is legit..?..By the way nice video.👍

@satyajittodankar7515 6 жыл бұрын

great work sir...

@davyzeng 6 жыл бұрын

thanks a million man

@navasjaseer7508 6 жыл бұрын

Sir pls make more vedios on bitcoin

@iHorus 6 жыл бұрын

Loved your other videos, but this one is very unclear. What puzzle miners solve ? What are hashes ? Why it's getting harder to mine ?

@akshayx11 6 жыл бұрын

Please upload more videos on data structure using java. Thanks

@chinmaydas4053 6 жыл бұрын

Yes waiting for your more detailed,elaborate discussion on data structures and algorithms analysis topics...

@SS-qf3pl 4 жыл бұрын

sir,please upload full series on bockchain we're eagerly waiting for it please sir............

@anonymoustor 5 жыл бұрын

How this currency gets its value?For example for rupee government of india guarantees it same with other currencies of different countries.

@anirudhandole1765 6 жыл бұрын

Hello and thanks for info about bitcoins. As you said Blockchain in decentralised, how does it works; but when I seeing this video I've encountered with more doubts. First doubt is why the puzzles are occuring in between transactions and what sort of puzzles are there in it. Sir my last concern is why the blockchain is used in more fields of work & in what way there are used (I mean you said it is used in voting system, hospitals ) Sir dont get annoyed by my doubts and we want it some more graphical while representing the transaction. :)