Blockchain And Cryptocurrency Explained In 10 Minutes | Blockchain And Cryptocurrency | Simplilearn
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This Blockchain and Cryptocurrency video covers all the important concepts from basics to advance. It will help you understand what led to the creation of Blockchain, what Blockchain is, how a Bitcoin transaction works, how Blockchain plays an integral role in it with features like hash encryption, proof of work and mining and how Blockchain technology is used in real-life scenarios. Also, it covers all the information about Cryptocurrency like what Cryptocurrency is, how Cryptocurrency originated, How Cryptocurrency works, How Cryptocurrency benefits us and How it works on Blockchain. Now, let’s dive into this video and understand the basics of Blockchain and Cryptocurrency and how they work.
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The blockchain certification program helps the learners start from the fundamentals and then cover all the technical and functional aspects needed to build any blockchain solution using the best tools and techniques in the industry.In this program, they will build smart contracts, bitcoin wallets, create transactions, fabricode and more.
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@SimplilearnOfficial 19 күн бұрын
🔥Full Stack Developer (MERN Stack): www.simplilearn.com/full-stack-developer-course-mern-certification-training?MFw8Ax0p7dA& 🔥Professional Certificate Program In Blockchain: www.simplilearn.com/blockchain-certification-training-course?BlockchainAndCryptocurrencyExplainedIn10Minutes& 🔥 Caltech Blockchain Bootcamp (US Only): www.simplilearn.com/blockchain-developer-certification-bootcamp?BlockchainAndCryptocurrencyExplainedIn10Minutes&
@SaveTheHedgehog 2 жыл бұрын
That was an really expensive dinner they've got 😃 they better enjoyed it 😂
@SimplilearnOfficial 2 жыл бұрын
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@janukashehan Жыл бұрын
4:27 it tells that the transaction is transmitted using Jack's public key. Should it not be Phil's public key? Or why Phil's public key is not used anywhere?
@TheCryptoBook 10 ай бұрын
simply explained loved it!
@SimplilearnOfficial 10 ай бұрын
Your satisfaction is our top priority, and we're thrilled to hear that you had a positive learning experience with us! If you're interested in pursuing additional learning opportunities, we encourage you to take a look at our other courses in the description box.
@MyThetruth101 Жыл бұрын
For the second question, don't different crypto currencies use different hashing algorithms?? You mentioned earlier that bitcoin uses SHA256 but Ethereum uses Ethash.
@SimplilearnOfficial Жыл бұрын
"""Hello! You're absolutely right!. The answer is C - SHA256 SHA256 is the hashing algorithm used by cryptocurrency because it is computationally efficient and produces a fixed length of out for any random input which makes it difficult to crack as well as it is the integral part of crypto mining because majority of Blockchain network works on Proof-of-Work."
@atozofireland1661 2 жыл бұрын
Option # Encryption
@SimplilearnOfficial 2 жыл бұрын
"Sorry, The correct answer is C - SHA256 SHA256 is the hashing algorithm used by cryptocurrency because it is computationally efficient and produces a fixed length of out for any random input which makes it difficult to crack as well as it is the integral part of crypto mining because majority of Blockchain network works on Proof-of-Work."
@thimmee.948 Жыл бұрын
Prove of work .
@ArunKumar-mi2iq 2 жыл бұрын
1.Hash 2.SHA256
@SimplilearnOfficial 2 жыл бұрын
Thanks for watching our video and sharing your thoughts. Do subscribe to our channel and stay tuned for more. Cheers!
@user-rq4jy8kr5h 2 жыл бұрын
very interesting video
@SimplilearnOfficial 2 жыл бұрын
Hello thank you for watching our video .We are glad that we could help you in your learning !
@suryareddy3618 2 жыл бұрын
Public distribution ledger
@SimplilearnOfficial 2 жыл бұрын
"Hi, you got the right answer. Kudos. The contest is over and winners have been announced in our community and also mentioned in the top comment of the video as well. Thanks for your participation. Explanation: Answer: A (Public Distributed Ledger) The concept of public distributed ledger ensures that everyone on the Blockchain network has a copy of the ledger. Thus, no single person can make changes in the ledger as everyone else will flag this as invalid. "
@user-yy8ts3ff4u 10 ай бұрын
hash encryption
@mikeprots3406 11 ай бұрын
Can you make video about affiliate marketing?
@SimplilearnOfficial 10 ай бұрын
Hi, we already have a video on affiliate marketing on our channel. You can search for it there in our Ditgital Marketing playlist/category.
@mssmunira3371 2 жыл бұрын
Good
@SimplilearnOfficial Жыл бұрын
Hello thank you for watching our video .We are glad that we could help you in your learning !
@globalicon1222 2 жыл бұрын
Thank You. Quit enlightening. #Bitcoin #TheSpeedSterToken #Altseason2022
@SimplilearnOfficial 2 жыл бұрын
Keep learning with us .Stay connected with our channel and team :) . Do subscribe the channel for more updates : )
@bibaswanbasu8883 4 ай бұрын
A. Public distributed ledger
@vssaye 2 жыл бұрын
# Encryptio
@SimplilearnOfficial 2 жыл бұрын
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@SimplilearnOfficial 2 жыл бұрын
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@sourabhchandra1740 2 жыл бұрын
A. Public Distributed Ledger
@judithmudenda4065 2 жыл бұрын
Where else should I touch for the game to start?
@user-rq4jy8kr5h 2 жыл бұрын
very interesting video
@apurvraj4205 9 ай бұрын
a.) Public Distributed ledger
@SimplilearnOfficial 8 ай бұрын
Your satisfaction is our top priority, and we're thrilled to hear that you had a positive learning experience with us! If you're interested in pursuing additional learning opportunities, we encourage you to take a look at certification courses in the description box.
@siddharthaborpuzari9000 2 жыл бұрын
A
@SimplilearnOfficial 2 жыл бұрын
"Hi, you got the right answer. Kudos. The contest is over and winners have been announced in our community and also mentioned in the top comment of the video as well. Thanks for your participation. Explanation: Answer: A (Public Distributed Ledger) The concept of public distributed ledger ensures that everyone on the Blockchain network has a copy of the ledger. Thus, no single person can make changes in the ledger as everyone else will flag this as invalid. "
@IDontThinkSooo 2 жыл бұрын
D
@SimplilearnOfficial 2 жыл бұрын
"Sorry, The correct answer is C - SHA256 SHA256 is the hashing algorithm used by cryptocurrency because it is computationally efficient and produces a fixed length of out for any random input which makes it difficult to crack as well as it is the integral part of crypto mining because majority of Blockchain network works on Proof-of-Work."
@yosey6568 2 жыл бұрын
First
@SimplilearnOfficial 2 жыл бұрын
Keep learning with us .Stay connected with our channel and team :) . Do subscribe the channel for more updates : )
@nguyentruong904 2 жыл бұрын
Got a Question on this topic?
@johnstamatiadis6234 2 жыл бұрын
Bitcoin is slow, not scalable, expensive and uses lots of energy. It's rubbish.
@SimplilearnOfficial 2 жыл бұрын
Thanks for watching our video and sharing your thoughts. Do subscribe to our channel and stay tuned for more. Cheers!
@venkatabhinav4618 2 жыл бұрын
Public Distibuted Legder and SHA256
@SimplilearnOfficial 2 жыл бұрын
"""Hello! You're absolutely right!.
@Teletoheaven 2 жыл бұрын
Answer to the question: SHA256
@SimplilearnOfficial 2 жыл бұрын
"""Hello! You're absolutely right!. The answer is C - SHA256 SHA256 is the hashing algorithm used by cryptocurrency because it is computationally efficient and produces a fixed length of out for any random input which makes it difficult to crack as well as it is the integral part of crypto mining because majority of Blockchain network works on Proof-of-Work."
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