What is BLOCKCHAIN? The best explanation of blockchain technology

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  • เผยแพร่เมื่อ 13 ม.ค. 2018
  • Blockchain explained in plain English
    Understanding how blockchain works and identifying myths about its powers are the first steps to developing blockchain technologies.
    Blockchain is an algorithm and distributed data structure for managing electronic cash without a central administrator among people who know nothing about one another. Originally designed for the crypto-currency Bitcoin, the blockchain architecture was driven by a radical rejection of at (government-guaranteed) money and bank-controlled payments.
    Blockchain is a special instance of Distributed Ledger Technologies (DLTs), almost all of which have emerged in Bitcoin's wake.
    HOW DOES BLOCKCHAIN WORK?
    Blockchain is a Distributed Ledger Technology (DLT) that was invented to support the Bitcoin cryptocurrency. Bitcoin was motivated by an extreme rejection of government-guaranteed money and bank-controlled payments. The developer of Bitcoin, Satoshi Nakamoto envisioned people spending money without friction, intermediaries, regulation or the need to know or trust other parties.
    Technically, the original blockchain is separable from Bitcoin, but this report will show that the blockchain design is so specific to Bitcoin that it's not a good fit for much else.
    The central problem in electronic cash is Double Spend. Because pure electronic money is just data, nothing stops a currency holder from trying to spend it twice. Blockchain solves the Double Spend problem without a digital reserve fund or similar form of umpire.
    Blockchain monitors and verifies Bitcoin transactions by calling upon a decentralized network of volunteer-run nodes to, in effect, vote on the order in which transactions occur. The network's algorithm ensures that each transaction is unique.
    Video created by the Centre of International Governance Innovation.

ความคิดเห็น • 6K

  • @johnriley2319
    @johnriley2319 5 ปีที่แล้ว +615

    I share this video to everyone that asks me what it is. It's one of the best video explanations I've come across in the past 2 years.

    • @avinashb8180
      @avinashb8180 5 ปีที่แล้ว +2

      I have no doubt in explanation but if we do mistake while entry in blocking we cant access to change it na??

    • @kesey1000
      @kesey1000 5 ปีที่แล้ว +3

      Yeah it even helped me, a verified dullard, to understand.

    • @amithsuresh2487
      @amithsuresh2487 4 ปีที่แล้ว +5

      @@avinashb8180 if you're making the changes means then you gotta edit accordingly the succeeding & preceding data of that particular block for example like in this video the records of land's sale from 1970-2010 years and you wanna edit the name of the person who owned in 2002 as it was wrongly uploaded(Avinesh to Avinash) then you gotta change data in the succeeding block too (Previous owner name as- Avinash).This editing should be verified by all the authorities too. After verification & approval only the correction will be updated.

    • @broscosmoline
      @broscosmoline 4 ปีที่แล้ว +7

      @@avinashb8180 if i understand the ledger method correctly, the "mistake" remains as is but an additional block is added to correct it.

    • @paulparker1425
      @paulparker1425 4 ปีที่แล้ว +2

      A blockchain doesn't have to be distributed. The only requirement is that the "blocks" of data are hashed and linked sequentially by including the preceding hash in the newest block. [Hash: deterministically reduce some data down to a "key". The important feature being that the same specific data will produce the exact same key, regardless of any other factors (time, computer, etc.).]
      Most of what was explained was actually a specific consensus algorithm for handling a particular distributed ledger (Bitcoin). In general, the consensus resched is about which node gets to be the "central authority" on each update.

  • @johnnydeep5933
    @johnnydeep5933 ปีที่แล้ว +545

    Investing is a way to set aside money while you are busy with life and have that money work for you so that you can fully reap the rewards of your labor in the future. Invest wisely.

    • @heiditmarquis8750
      @heiditmarquis8750 ปีที่แล้ว

      One of my favorite expert trader is Gregory, he does real TA and his trade signals fetches me around 4.6Btc every month.

    • @smithjoshua1177
      @smithjoshua1177 ปีที่แล้ว

      Excellent Crypto course! I now have a core understanding of trading & investing in Cryptocurrencies. Thank you, Mr Gregory. He explains it all so in depth, even for the advanced users. So, no matter your experience there’s always something you can learn!

    • @alexandriaw.butler9195
      @alexandriaw.butler9195 ปีที่แล้ว

      Gregory Dubravko’s daily signal is top and one of the best out there when it comes to trading bitcoin.

    • @user-ee1ht3hf4w
      @user-ee1ht3hf4w 11 หลายเดือนก่อน

      Gregory my ass

  • @calebcliftonmastersefyroth6563
    @calebcliftonmastersefyroth6563 ปีที่แล้ว +95

    If you wanna be successful, you most take responsibility for your emotions, not place the blame on others. In addition to make you feel more guilty about your faults, pointing the finger at others will only serve to increase your sense of personal accountability. There's always a risk in every investment, yet people still invest and succeed. You most look outward if you wanna be successful in life.

    • @lucialuzgilosluz2114
      @lucialuzgilosluz2114 ปีที่แล้ว +5

      Sure! Is a better way to counter this foreseen inflation, because all this wars everywhere are politics.

    • @janiceluckyspring6979
      @janiceluckyspring6979 ปีที่แล้ว

      Living in one's "comfort zone" is a contributing cause to the plight of young people.

    • @patrickwalter5742
      @patrickwalter5742 ปีที่แล้ว +1

      Fear is a total failure when you give up Ambitiousness; and Success is a game of dice, you throw your $coin while your investment decides your goal.

    • @tinagottschallcunningham4691
      @tinagottschallcunningham4691 ปีที่แล้ว

      @@samiraabubakar2963 they said when you invest little money you earn big,

    • @tinagottschallcunningham4691
      @tinagottschallcunningham4691 ปีที่แล้ว

      Can't even imagine how it is possible

  • @elijustin9718
    @elijustin9718 ปีที่แล้ว +382

    Inflation hits people a lot harder than a crashing stock or housing market as it directly affects people's cost of living that people immediately feel the impact of. It's not surprising negative market sentiment is so high now. We really need help to survive in this Economy. The fin-Market;s have underperformed the U.S. economy as fear of inflation hammers the prices of stock;s and bonds. My portfoliio of $250k is down to $192k any recommendation;s to scale up my return;s during this crash will be highly appreciated.

    • @paulcarter2939
      @paulcarter2939 ปีที่แล้ว

      You have to get a financial-advisor/broker to aid you diversify your portfolios to include commodities, inflation-indexed bonds and stocks of companies with solid cash flows, as opposed to growth stocks where valuations were based on future potential earnings.

    • @elijustin9718
      @elijustin9718 ปีที่แล้ว

      @Vicki Sams Please can you leave the info of your invstment analyst here? I overheard someone talking about how a couple made $200k during this red season. I need such luck lol

    • @susangeorge5631
      @susangeorge5631 ปีที่แล้ว

      @Vicki Sams This recommendation literally came at the right time, I dipped by $11k in stocks last week alone. Its crazy! I just looked up Maryilyn Daine Lynch online and researched her accreditation. She seem very proficient & I wrote her detailing my Fin-market goals . Information they say, is power. Thanks for this.

  • @lloyd5437
    @lloyd5437 3 ปีที่แล้ว +171

    Warren Buffett once said "if you don't find a way to make money while you sleep, you will work until you die".

    • @goodluckjustin3838
      @goodluckjustin3838 3 ปีที่แล้ว

      I'm a beginner who is seeking for advice, I want to start trading this 2021.

    • @corinnarose.4545
      @corinnarose.4545 3 ปีที่แล้ว

      @@goodluckjustin3838 as a beginner I will advise you to work with madam Cynthia Edna, for good and huge withdrawals.

    • @corinnarose.4545
      @corinnarose.4545 3 ปีที่แล้ว

      @Saud Farha i don't mentor investors, I have a financial consultant Mrs Cynthia Edna who handles my portfolio and I have been perfecting my strategy with her educational materials.

    • @corinnarose.4545
      @corinnarose.4545 3 ปีที่แล้ว

      You can reach her up through her website below

    • @corinnarose.4545
      @corinnarose.4545 3 ปีที่แล้ว

      *Cynthia Edna mchenry*©🅾♏*

  • @janechane7279
    @janechane7279 2 ปีที่แล้ว +5

    HELLO FROM SPAIN! I'VE BEEN AN INVESTOR IN THE CRYPTO MARKET FOR OVER 2YEARS NOW.

    • @leefrosh5635
      @leefrosh5635 2 ปีที่แล้ว

      How do I get a professional broker to trade for me I have been trading myself and blowing up my account 😭

    • @diegofernando5653
      @diegofernando5653 2 ปีที่แล้ว

      Hello thanks for introducing her to us i actually did the trade with a loan from my friend and now with the profits i payed up and now am happy and comfortable

    • @donaldjack5487
      @donaldjack5487 2 ปีที่แล้ว

      Expert Mrs Jessica Dave has brought me out of wrenches and to be a better living through trading options I encourage newbies to trade with her

    • @user-mu2ly1tk7o
      @user-mu2ly1tk7o 2 ปีที่แล้ว

      However, it's best advised we should work smart, look out for multiple streams of income and get more involved with online trading. For me, trading Bitcoin/forex still remains the best.

  • @Mangyek0
    @Mangyek0 5 ปีที่แล้ว +11

    This is by far the best visual and audio explanation available on the internet. So elegantly explained using the ledger system.
    Should have added links to your social media so i could follow them.

  • @dulcerocio4763
    @dulcerocio4763 2 ปีที่แล้ว +57

    When you stop learning , you get left behind . Never stop educating yourself

    • @dulcerocio4763
      @dulcerocio4763 2 ปีที่แล้ว

      Being successful don’t happen by magic
      Success is dependent on the action or
      steps you take to achieve it. Show me
      a man who doesn't have an investment
      and I will tell you how soon he'll go broke
      Investment is building a safe haven for the
      future: with the right choice of investment
      that has at least 1% minimum risk and
      with an Expert guidance, profit and interest
      should be 💯 guaranteed.

    • @evelynnguyen1041
      @evelynnguyen1041 2 ปีที่แล้ว

      @@dulcerocio4763 I agree e with you 💯 .. I had a senior
      colleague at work who was doing well but
      never had an investment. Unfortunately he
      lost his job and went from living a
      comfortable life to hardship. There would
      had been something to fall back on if he
      had an investment

    • @alexmorris6222
      @alexmorris6222 2 ปีที่แล้ว

      @Janaiana Butler True, there is never any culture of wealth gathering or wealth creation to keep multiplying your finance that lack an investment value. This means, if you have to plan you must be an investor. that's why Investing in crypto stands to be the best

    • @davidanderson8650
      @davidanderson8650 2 ปีที่แล้ว

      @Janaiana Butler Yeah !! The only credible law of increase is investment because money not invested has no future. I make huge profits on my crypto investment since i started trading fx with Mr Kelvin Maorgan, his trading strategies are top notch.

    • @jeffreyneesmith4953
      @jeffreyneesmith4953 2 ปีที่แล้ว

      It is the planning you put into today that will yield the dividends of prosperity for you tomorrow.

  • @theblogger800
    @theblogger800 3 ปีที่แล้ว

    Beautiful video in simple English! No geeky BS! No confusing tech jargon. Meant for the common man!

  • @gregrobertson7639
    @gregrobertson7639 4 ปีที่แล้ว +192

    01:30 - Let's say there was a dispute between Anne, and her brother Conor McGregor

    • @scottwins2
      @scottwins2 4 ปีที่แล้ว +1

      Ha Ha Ha ! Nice

    • @alexmend2316
      @alexmend2316 4 ปีที่แล้ว +7

      So, I wasn't the only one who saw the resemblance ...Lol

    • @mukeranegn8324
      @mukeranegn8324 4 ปีที่แล้ว +1

      HOW MUCH TRUE IT IS ?

    • @geetalamkuche9490
      @geetalamkuche9490 4 ปีที่แล้ว +4

      So conor KO annie

    • @coronakaflu8411
      @coronakaflu8411 4 ปีที่แล้ว +10

      Get the fook out of my land

  • @deepakpawate7216
    @deepakpawate7216 4 ปีที่แล้ว +21

    God bless you for the efforts you have put in to explain the complex subject in easy manner. Immense thanks

  • @hulk7272
    @hulk7272 3 ปีที่แล้ว +1

    This is the BEST video I've seen yet on blockchain. And I've watched so many up to this point, I've lost count.

  • @yosiyas2012
    @yosiyas2012 3 ปีที่แล้ว +4

    Albert Einstein said that if you can’t explain it to a six year old, you don't understand it yourself.
    This is one of the best explanation videos that explained in a way a 6 year old me would understand. Thank you for sharing🙏

  • @georgeroy
    @georgeroy 4 ปีที่แล้ว +13

    Wow such finesse!! Wonderful work by the director, animators, editors, script writer and the voice over artist!! Good job 👍🏻

  • @KranthiKumarforyou
    @KranthiKumarforyou 6 ปีที่แล้ว +5

    Best explanation thank you

  • @Rashminagpal
    @Rashminagpal 3 ปีที่แล้ว

    The best explanation that I've come across! So elegant and simple to grasp!

  • @jameslugan5231
    @jameslugan5231 2 ปีที่แล้ว +28

    I've been searching for a good broker to trade with!!!
    Please 🙏 sir how can i find one??

    • @marvinscott2630
      @marvinscott2630 2 ปีที่แล้ว

      Real brokers are hard to find but you have to settle down and select one for yourself

    • @MacDucTuan236
      @MacDucTuan236 2 ปีที่แล้ว

      @Innocent law Wow 😲 I'm surprised you called that name here.
      Yes I've been working with her and she's super fabulous

    • @michaelscoffed1524
      @michaelscoffed1524 2 ปีที่แล้ว

      Ohh i remembered a friend of mine calling that name but i didn't pay attention then...
      But i will like to make some good investment with her.

    • @allengalvin2838
      @allengalvin2838 2 ปีที่แล้ว

      You guys know Mrs Bell Elizabeth too...
      I have been trading her, i invested $7k last two weeks and i received $21,560k and i placed another trade immediately.

    • @ryanholland2000
      @ryanholland2000 2 ปีที่แล้ว

      @@allengalvin2838 Who's this Mrs Elizabeth everyone is talking about?
      With all these compliments, i think she's an expert .
      Please how can i contact her? 🙏🙏🙏

  • @user-mk2zx2pu8n
    @user-mk2zx2pu8n 5 ปีที่แล้ว +5

    Amazing project with an interesting theme

  • @cirilea5784
    @cirilea5784 3 ปีที่แล้ว +9

    I have been watching some videos and I was thinking about investing, but still don't know where to start from.

    • @thabileyalezo6018
      @thabileyalezo6018 3 ปีที่แล้ว

      I have heard alot about forex and bitcoin watched multiple video but always get confused 😕

    • @markportillo954
      @markportillo954 3 ปีที่แล้ว

      It's strange how people talk about all the profits, they've been making through trading of bitcoin, while am here not making any profit at all. Please can Someone put me through on the right path.

    • @dannymario1318
      @dannymario1318 3 ปีที่แล้ว

      I want to start too but i don't know how..

    • @josesharp6308
      @josesharp6308 3 ปีที่แล้ว

      Most time having knowledge or insight about a particular activity can as well be a pleasing exercise. I can boldly say that forex and crypto trading is one of the profitable money exchange services that elevates investors and their financial status.

    • @johnmario513
      @johnmario513 3 ปีที่แล้ว

      That's true most people today have been having a lot of failures in forex and crypto sector because of poor orientation and bad experts

  • @joekuruvilla9471
    @joekuruvilla9471 4 ปีที่แล้ว +1

    Super clear and simplified version of such a breakthrough technology !!

  • @neolebese3988
    @neolebese3988 6 ปีที่แล้ว +13

    Best BlockChain video ever.

  • @cooper1507
    @cooper1507 5 ปีที่แล้ว +22

    This was hands down the best explained video about blockchain I've seen.

  • @iamachs
    @iamachs 2 ปีที่แล้ว

    Amazing video, easy to follow up, so informative and to the point, awesome work, all the best!!

  • @abbassabad
    @abbassabad 3 ปีที่แล้ว +1

    A great way of simplifying the technology behind Blockchain. Thank you.

  • @danielaoliveira8281
    @danielaoliveira8281 6 ปีที่แล้ว +3

    This was the best explanation I've seen online so far.

  • @papridas6782
    @papridas6782 6 ปีที่แล้ว +4

    A perfect explanation for BlockChain - A relatively secure and decentralised ledger system of database mgmt. which cuts down on intermediaries (saving time and money) and facilitates convenience.

  • @pareshpatil4333
    @pareshpatil4333 4 ปีที่แล้ว

    I have always believed that if I ask some about blockchain- A concept ,they would explain the technology. This is perhaps the only video which explains the concept. Thanks a ton!

  • @siddheshdurge6473
    @siddheshdurge6473 3 ปีที่แล้ว

    The best that there is on Block Chain. Thank you for the simplicity

  • @lakshmisaranyapeddi2914
    @lakshmisaranyapeddi2914 5 ปีที่แล้ว +4

    I have watched lot of videos regarding blockchain but I couldn't get better explanation than this!!

  • @predictiveideologybonniecr8796
    @predictiveideologybonniecr8796 6 ปีที่แล้ว +21

    Love this explanation! Brilliantly simple, clear and easy to understand.

  • @batoolhijjawi3114
    @batoolhijjawi3114 2 ปีที่แล้ว

    It is an AMAZING video. Thanks for the wonderful efforts have been done to create this explanation.

  • @kainzowgroup-seniordigital3763
    @kainzowgroup-seniordigital3763 3 ปีที่แล้ว

    Excellent, well done, great pace for first time viewers!!

  • @RescueAnimations
    @RescueAnimations 5 ปีที่แล้ว +16

    This is the explanation that I have liked the most so far. Good job!

  • @btw-hl9id
    @btw-hl9id 4 ปีที่แล้ว +4

    This was a great video and really explained Blockchain in a way that was easy to understand. I always knew that Blockchain could be huge and of its many uses, but was always hard to understand what it is. This really clears it up for me.

    • @nasirlamido8464
      @nasirlamido8464 3 ปีที่แล้ว

      Hey, i wanna win a challenge and i need as much bitcoins/ cash etc as possible, pls support me by chipping in anything u can.. Here’s my wallet address: qrw0ke0ngstauyva4rdwcpjyadxvppszvuf5vjvtvq.. Thank y’all so much😊

    • @btw-hl9id
      @btw-hl9id 3 ปีที่แล้ว

      @@nasirlamido8464 scam.

  • @judahgonzales901
    @judahgonzales901 2 หลายเดือนก่อน

    I have never understood blockchain better than I understand now after watching this video. Should be in the top search results no doubt. The visuals are wonderful while also being very helpful in bringing understanding to the topic.

  • @marcellazoia8227
    @marcellazoia8227 2 ปีที่แล้ว +99

    One of the best content I’ve seen. Crypto is the best though I don’t self trade but I still make my profit with the help of my broker till I'm sure I can start of self trading.

    • @colleengara8036
      @colleengara8036 2 ปีที่แล้ว

      Obviously trading in crypto is very volatile and risky to trade that's the reason most investors trade with a professional broker.

    • @shashithadani3693
      @shashithadani3693 2 ปีที่แล้ว

      I'm looking forward to investing in the crypto market. I am still trying to figure out how the entire thing works

    • @paulsamson2830
      @paulsamson2830 2 ปีที่แล้ว

      Hello Marcella who’s your broker I'm bit new to the market and willing to invest heavily

    • @bridgetcarleton9073
      @bridgetcarleton9073 2 ปีที่แล้ว

      Lack of trading discipline is the primary reason for intraday trading losses.
      it is estimated that nearly 80- 85% of intraday traders end up losing money in the stock market Experiencing loss is also part of the game but that don't mean you should give up.

    • @marcellazoia8227
      @marcellazoia8227 2 ปีที่แล้ว

      @@paulsamson2830 My personal broker/investment manager; Expert Rebecca Davis, she runs a stock investment platform where you don't have to undergo any stress in the trades, she manages my account and all I need to do is invest capital and she gets a tiny bit of my returns as her commission.

  • @scottwins2
    @scottwins2 4 ปีที่แล้ว +4

    Best Blockchain Explanation

  • @leodu6273
    @leodu6273 6 ปีที่แล้ว +5

    This is the best explanation video of Blockchain I have seen! Thank you. May I use part of this for my computer science project?

    • @pooriataheri4948
      @pooriataheri4948 4 ปีที่แล้ว

      @Jennifer Rissetti It is simple, yeah. But It is really good for just 6 mins presentation. what are you talking about?

  • @Itsmeannaw
    @Itsmeannaw 3 หลายเดือนก่อน

    This video has just taught me what a ton of reading and confusing explanations couldn't. I finally understand the excitement around Blockchain. Thanks!

  • @andrewcleverly1322
    @andrewcleverly1322 2 ปีที่แล้ว +24

    The amount of time we spend believing we can't is more than enough time to learn how you can.
    -my brain

    • @sallyabraham5043
      @sallyabraham5043 2 ปีที่แล้ว

      You are absolutely right 👍

    • @andymarvic9439
      @andymarvic9439 2 ปีที่แล้ว

      Investing in crypto is very cool, especially with the current rise in the market.

    • @rahibahmed9809
      @rahibahmed9809 2 ปีที่แล้ว

      @@andymarvic9439 I really don't know why people still remain poor out of ignorance.

    • @iyabiggs3439
      @iyabiggs3439 2 ปีที่แล้ว

      @Judith William Am so surprised knowing that a lot of people knows about him, he helped me recover all that I lost to these online scammers.

    • @felixgeorge8158
      @felixgeorge8158 2 ปีที่แล้ว

      @@iyabiggs3439 You don't need to be surprised because am also trading with Mr mark J. Ramsey.

  • @wanchenglim5954
    @wanchenglim5954 5 ปีที่แล้ว +4

    Animation is sublime!!! I am super amazed by it!

  • @priyanshu4747
    @priyanshu4747 6 ปีที่แล้ว +201

    The best explanation! This video should have got more views.

    • @kkhalifa
      @kkhalifa 6 ปีที่แล้ว +1

      Totally agree!

    • @MuckerInMotion
      @MuckerInMotion 6 ปีที่แล้ว +8

      There is an unlimited amount of fiat to buy a finite quantity of Bitcoin. Ths U.S. dollar is backed by nothing and the government can (and does) print as much of it as it wants. Every major bank you can think of has employees on staff working on internal blockchains because they have a fiduciary responsibility to use it; it’s faster, more efficient, reduces costs, reduces staff required to crunch numbers and it is less hackable. Yes, this includes whatever bank you deal with.Fud whatever you want about bitcoin or crypto but aaying blockchain is going away is like saying the internet is going away. Blockchain use will grow exponentially in the next 5 years and be used in finance, charities, voting, construction; badically anything you can think of.

    • @adamsh1885
      @adamsh1885 6 ปีที่แล้ว

      Mark G 100% correct Mark.

    • @tellyaddict
      @tellyaddict 6 ปีที่แล้ว

      Priyanshu Not the best in my opinion, I find this one a lot better: th-cam.com/video/SSo_EIwHSd4/w-d-xo.html

    • @Bobslayable
      @Bobslayable 5 ปีที่แล้ว +2

      This is a terrible explanation of Blockchain. It's the usual dumbed down nonsense of "a computer solves a puzzle and everyone else verifies it". How on earth can anyone actually understand blockchain from this? This is why so many people are piling blindly into cryptos (and the usual "my friend made a million so it must be great"). It's also why we have other comments saying "I don't trust it" and "it's all a scam", if all I knew was what was in this video I'd be sure it was a scam. The reality is fairly straightforward and you do need to understand hashing, there are plenty of great sites and videos out there I am not going to recommend any particular one but please, do your reseacrh before watching stuff like this and then thinking "Great, I've got it, let's put my money into Bitcoin"

  • @myoungho12
    @myoungho12 4 ปีที่แล้ว +1

    Finally I understood blockchain technology! Great work!!

  • @baraniprasad4076
    @baraniprasad4076 4 ปีที่แล้ว

    Great info...aptly supported by the graphics and direction team...makes this very clear and simple to understand.. !

  • @nimeshbiyani
    @nimeshbiyani 4 ปีที่แล้ว +7

    This is by far the best explanation of BLOCKCHAIN TECHNOLOGY I've seen... Great video... Keep up the hard work🙂

  • @admin...8621
    @admin...8621 3 ปีที่แล้ว +4

    Wow 😯.. Mr. Joshuaof financial education has really made name for himself.

  • @Uicnow
    @Uicnow 2 ปีที่แล้ว

    Very good will use this in my understanding video thank you

  • @brandinsider4527
    @brandinsider4527 3 ปีที่แล้ว

    very good and informative video. thanks for sharing it.

  • @alicemark5918
    @alicemark5918 2 ปีที่แล้ว +34

    When you invest, you're buying a day you don't have to work

    • @lovecricket6736
      @lovecricket6736 2 ปีที่แล้ว +3

      @Hart Thim You're right Sir, it's obvious a lot of people remain poor due to ignorance, it's better to take risks and make sacrifices than to remain poor

    • @loydriley9221
      @loydriley9221 2 ปีที่แล้ว

      @@lovecricket6736 It's not ignorance but due to some unprofessional broker in the market

    • @peterfaulkner8391
      @peterfaulkner8391 2 ปีที่แล้ว

      Bitcoin is the most profitable investment online of only you trade with the help of a professional expert

    • @grahamroberto6578
      @grahamroberto6578 2 ปีที่แล้ว

      I recently got into forex trading and im already marveling over the profits I'm making, I'm like " how the hell have i been sleeping on this

    • @ningyen1444
      @ningyen1444 2 ปีที่แล้ว

      @@grahamroberto6578 Same here, I wish I knew about this Bitcoin trading earlier, brace up and get yourself some Bitcoin before it's too late

  • @fernandezrodriguez2644
    @fernandezrodriguez2644 3 ปีที่แล้ว +39

    Tinvested in both stocks and Crypto currency but
    see Cryptos is doing more better and profitable

    • @martinezkendrick9551
      @martinezkendrick9551 3 ปีที่แล้ว

      Bitcoin investment is a very lucrative way of
      making money online now

    • @laurelclone1905
      @laurelclone1905 3 ปีที่แล้ว

      Crypto currency is the future
      Bitcoin to the moon

    • @elizajoyce8497
      @elizajoyce8497 3 ปีที่แล้ว

      I have always got this interest in bitcoin maybe ll
      give it a try.

    • @meetkevin601
      @meetkevin601 3 ปีที่แล้ว

      @@elizajoyce8497 With bitcoin trading been favorable and the current
      increase in bitcoin as its Investing now won't be a
      bad decision to make

    • @martinezkendrick9551
      @martinezkendrick9551 3 ปีที่แล้ว +1

      Remember some precious metals.

  • @edgarallan6566
    @edgarallan6566 3 ปีที่แล้ว

    Good works definitely speaks for itself. Wonderful job from you. I have learnt wishing to replicate the knowledge to others

  • @ritukapoor5909
    @ritukapoor5909 3 ปีที่แล้ว +1

    This is simply awesome.
    Easy to understand 👍

  • @paulsimon2742
    @paulsimon2742 2 ปีที่แล้ว +28

    I have been watching some videos and I was thinking about investing in bitcoin or forex , but still don't know where to start from, any recommendation or tell me what am doing wrong ?

    • @marvinanderson9576
      @marvinanderson9576 2 ปีที่แล้ว

      It's strange how people talk about all the profits, they've been making through trading of bitcoin, while am here not making any profit at all. Please can Someone put me through on the right path.

    • @kimberleyashley1403
      @kimberleyashley1403 2 ปีที่แล้ว

      Most time having knowledge or insight about a particular activity can as well be a pleasing exercise. I can boldly say that forex and crypto trading is one of the profitable money exchange services that elevates investors and their financial status.

    • @jennifersmith7636
      @jennifersmith7636 2 ปีที่แล้ว

      That's true most people today have been having a lot of failures in forex and crypto sector because of poor orientation and bad experts

    • @jacksonlucas3303
      @jacksonlucas3303 2 ปีที่แล้ว

      I have been seeing so many recommendations about Stella Allison on Insta and other platforms trending I think she must be good for people to talk about her

    • @oliviaolive924
      @oliviaolive924 2 ปีที่แล้ว

      You don't make money on forex or crypto by holding your coins rather you trade to make gains

  • @andstewart9982
    @andstewart9982 2 ปีที่แล้ว +109

    The Crypto market has been good news lately, many people in it are seeing a great return on.

    • @clintonj.johnson9879
      @clintonj.johnson9879 2 ปีที่แล้ว

      I'm a fan of crypto, I'm really benefitting from my investment in crypto.

    • @marcofox4249
      @marcofox4249 2 ปีที่แล้ว

      @@clintonj.johnson9879 I am actually looking for a good trader to help me with my investment, any ideas?

    • @clintonj.johnson9879
      @clintonj.johnson9879 2 ปีที่แล้ว

      I am investing with Mr Carvalho, he is among the best traders from the UK.

    • @clintonj.johnson9879
      @clintonj.johnson9879 2 ปีที่แล้ว

      I would recommend Nura Carvalho if you are interested, he is a well known popular expert trader.

    • @marcofox4249
      @marcofox4249 2 ปีที่แล้ว

      I would love to reach out to this expert, how do I go about that.

  • @terrytwotoes3225
    @terrytwotoes3225 2 ปีที่แล้ว

    The simplicity of this idea is mind blowing and absolute genius. Crazy what the human brain comes up with

  • @muhammadaminbekibrohimov8505
    @muhammadaminbekibrohimov8505 3 ปีที่แล้ว

    Best ever explained Blockchain definition so far, thanks

  • @migueltherapy7450
    @migueltherapy7450 3 ปีที่แล้ว +13

    Why am I the only one that thinks that bitcoin is kinda easy but it's way is nervous to start✌🏻✌🏻

    • @mooniamborepiied5053
      @mooniamborepiied5053 3 ปีที่แล้ว

      Yeah! I agree with you sir.

    • @tommycruise1295
      @tommycruise1295 3 ปีที่แล้ว

      If you want to be successful, you must have the mindset of the rich, spend less and invest more. Don't give up your dreams.

    • @migueltherapy7450
      @migueltherapy7450 3 ปีที่แล้ว

      People come here with the aim of chasing money more than knowledge and that will damage your progress trust me, chase knowledge first and I promise! The money will follow you just like it's following some of us now.

    • @nelsonwax1564
      @nelsonwax1564 3 ปีที่แล้ว

      @@migueltherapy7450 That's very correct sir!! And that's why most people end up losing money to scammers.

    • @migueltherapy7450
      @migueltherapy7450 3 ปีที่แล้ว

      Don't be in a haste to invest. Know what and who you are investing to and be sure that the person will deliver before investing..

  • @franquiasbaratas
    @franquiasbaratas 4 ปีที่แล้ว +34

    GoChain (GO) : Best and Faster Blockchain to Business

  • @chaset42
    @chaset42 3 ปีที่แล้ว

    Without a doubt the best informative video I've ever seen. Well done

  • @nerdmommy7114
    @nerdmommy7114 2 ปีที่แล้ว

    Ive watched thousands of videos, and it surprises me that this video escaped that list. Truly the best explanation om blockchain tech ever!

  • @olgabalbela9339
    @olgabalbela9339 2 ปีที่แล้ว +15

    Thank you~ have been watching your channel for couple of weeks ago and it's really make sense and it really help me through

    • @olgabalbela9339
      @olgabalbela9339 2 ปีที่แล้ว +5

      would gladly appreciate if you can introduce us to a better platform where we can earn profits on a daliy bases......BTC/ETH/DOG/,

    • @kojojoomla3048
      @kojojoomla3048 2 ปีที่แล้ว +4

      Doge to the moon and beyond

    • @apoiojooliveira3745
      @apoiojooliveira3745 2 ปีที่แล้ว +2

      Thanks you for your update Am long term holding. I love dogecoin

    • @robinson430
      @robinson430 2 ปีที่แล้ว +1

      I'm 50% ADA 50% BTC 5 year hold

    • @olgabalbela9339
      @olgabalbela9339 2 ปีที่แล้ว +1

      ADA

  • @kevincaruthers5412
    @kevincaruthers5412 3 ปีที่แล้ว +10

    Blockchain: The data can't be tampered with
    Every hacker on the planet: Hold my beer.

  • @DrShamasundar
    @DrShamasundar 3 ปีที่แล้ว

    wonderful narration, in simple english... Great production. COngratulations.

  • @iradukundacynthia3038
    @iradukundacynthia3038 ปีที่แล้ว

    Beautiful explanation. This was easier to understand. I personally enjoyed the learning and the explanation indeed! Thank you!

  • @albertoartuffo214
    @albertoartuffo214 6 ปีที่แล้ว +3

    Outstanding explenation !

  • @BongoZozo
    @BongoZozo 3 ปีที่แล้ว +5

    So say I want to buy some land and put the title deeds on the blockchain, where do I go/ what do I do to actually insert the information. HOW DO I ACCESS THE BLOCKCHAIN?

  • @Randomguy61476
    @Randomguy61476 4 ปีที่แล้ว

    This one of the best explanation of block chain technology

  • @sreysambath2146
    @sreysambath2146 2 ปีที่แล้ว

    I was watching hundred of videos explain about blockchain. I didn't get the core idea. This video helps me understand. Thank you.

    • @bitcoins-ms7pb
      @bitcoins-ms7pb 2 ปีที่แล้ว

      Thanks for watching and commenting, we are always available for questions, guidance and support at any time ᵂ..ᴴ..ᴬ..ᵀ..ˢ..ᴬ..ᴾ..ᴾ
      ±¹..⁷..¹..²..⁶..²..⁵..⁶..²..⁰..⁷...

  • @kraftycoder8766
    @kraftycoder8766 5 ปีที่แล้ว +5

    2:48 the part I've been trying to understand

    • @xoxoaysh
      @xoxoaysh 4 ปีที่แล้ว +6

      Imagine there are 3 of us that need to enter a number locked gate, all of us will compete with each other until one of us gets the combination. Let's say I solved the number combination, you guys will verify if indeed the number combination I have will open the gate or not. Hence, it's difficult to solve but easy to verify. :)

  • @ryanvb3452
    @ryanvb3452 6 ปีที่แล้ว +26

    This was so clear that even I understood it. Kudos.

  • @bitobaca9192
    @bitobaca9192 3 ปีที่แล้ว

    Fantastic video.....this simplistically explains what many think is so complicated.

  • @meeacunningham4655
    @meeacunningham4655 3 ปีที่แล้ว

    This helped a lot with my understanding of blockchain... will definitely be doing more research. Thanks

  • @davidolarotimi7168
    @davidolarotimi7168 3 ปีที่แล้ว +3

    I love this explanation so clear.May Jah bless you.

    • @5gun1
      @5gun1 3 ปีที่แล้ว

      On Jah bro

    • @dakotaanthony4048
      @dakotaanthony4048 3 ปีที่แล้ว

      David please this thing is it real!?? Abeg

  • @nguyenvan-hau9577
    @nguyenvan-hau9577 5 ปีที่แล้ว +6

    what a great video! I have a question: what is happening when someone knows (hack, steal, etc) my private key, then he/she can make all possible transactions in some minutes; consequently, all my assets will go away :-)

  • @flyheli
    @flyheli 3 ปีที่แล้ว

    Short and insightful, thanks!

  • @ebukaeluzaiuduma3390
    @ebukaeluzaiuduma3390 2 ปีที่แล้ว

    Now i can explain to someone in clear terms what i understand about Blockchain technology. Thank you.

  • @sherrellsprowls7804
    @sherrellsprowls7804 2 ปีที่แล้ว +15

    Nice content. To me, trading the forex and crypto market is way better than any online investment💯

    • @chrissain1395
      @chrissain1395 2 ปีที่แล้ว +1

      Please I need someone to help me trade or invest the forex or crypto market because I'm tired of trading in losses myself. I've blown my account twice and it's frustrating

    • @Kokoben1
      @Kokoben1 2 ปีที่แล้ว +1

      @@chrissain1395 I will advise you to try expert Mrs Bridget's trading services...... She's the best

    • @Kokoben1
      @Kokoben1 2 ปีที่แล้ว +1

      🏐🏐🏐
      +𝟭𝟰𝟮𝟰𝟮𝟮𝟲𝟲𝟮𝟱𝟳

    • @Kokoben1
      @Kokoben1 2 ปีที่แล้ว +1

      Tell her i referred you👆

    • @michaeltaylor6168
      @michaeltaylor6168 2 ปีที่แล้ว +1

      @@Kokoben1 Wow you really know expert Bridget...? I'm a living testimony of expert Bridget, she has been trading for me for months now

  • @code9711
    @code9711 3 ปีที่แล้ว +20

    There is a saying thay money has wings so its best you save it properly, invest it wisely and spend it judiciously. For me investing it wisely is the only profitable option of the theee

    • @code9711
      @code9711 3 ปีที่แล้ว

      And what other way to invest and be sure of returns on your investment is not cryptocurrency and forex which is gradually providing better financial status to its numerous investors.

    • @aston2932
      @aston2932 3 ปีที่แล้ว

      Invetsing is simply the science of money making more money for you but its important you know that it's one thing to invest and another to invest rightly. Yes it's TRUE many do not have the required knowledge needed to change that fact but one change you can definitely implement at the moment is to choose to start investing rightly.

    • @lawsonjerry3878
      @lawsonjerry3878 3 ปีที่แล้ว

      I do wish I started investing earlier in life. I didn't start investing until my early 30's and while I'm glad to be where I am now, there are certain things that I wish the younger me had known.

    • @gavincolter7863
      @gavincolter7863 3 ปีที่แล้ว

      Most people who have made money in the markets tend to say the same thing concerning investing which is the earlier you start investing the better off you'll be.

    • @gavincolter7863
      @gavincolter7863 3 ปีที่แล้ว

      Meanwhile before making any investment decision it's important you take time to assess your financial situation especially if you've never made a financial plan before because the first step to successful investing is personal assessment which involves figuring out your goals and risk tolerance.

  • @allen8654
    @allen8654 3 ปีที่แล้ว

    yup this is it. Thanks a lot. I was roaming around all the way here and I finally reached this video that easily demonstrates the concept.

  • @jetyeee
    @jetyeee 3 ปีที่แล้ว

    great video, able to follow and understand

  • @joannebonnett5223
    @joannebonnett5223 2 ปีที่แล้ว +59

    *GOOD VIDEO; EVERYONE NEEDS MORE THAN THEIR BASIC SALARY TO BE FINANCIALLY SECURED, THE BEST THING TO DO WITH YOUR MONEY IS TO INVEST, MONEY LEFT IN SAVINGS ALWAYS END UP USED WITH NO RETURNS,*

    • @georgeedward6246
      @georgeedward6246 2 ปีที่แล้ว

      I totally agree with you, the Crypto market is the most profitable venture I ever invest in

    • @georgeedward6246
      @georgeedward6246 2 ปีที่แล้ว

      I reached my goal of $500k yearly trade earnings.Setting realistic goals is an essential part of trading.,

    • @melissabrockman6397
      @melissabrockman6397 2 ปีที่แล้ว

      most intelligent words I've heard,

    • @melissabrockman6397
      @melissabrockman6397 2 ปีที่แล้ว

      Crypto is the new gold,

    • @melissabrockman6397
      @melissabrockman6397 2 ปีที่แล้ว

      I'm a huge fan of crypto, I hold some few coins in my wallet.

  • @leeanucha
    @leeanucha 6 ปีที่แล้ว +3

    Oh man. This has to be the best blockchain explain ever!

  • @janedoe7280
    @janedoe7280 3 ปีที่แล้ว

    This is one of the best videos I have come across regarding Blockchain! Brilliant!

  • @nikolasdasilva3470
    @nikolasdasilva3470 2 ปีที่แล้ว

    Awesome. 👍Alldownhill here.Thanks

  • @redred2
    @redred2 5 ปีที่แล้ว +4

    For reason 2: Proof of Work to create trust in data,
    1) What is the purpose of the cryptographic puzzle?
    2) How can one be in the network that verifies the proof-of-work? How are these selected people in this network chosen?

    • @ravibadola4934
      @ravibadola4934 4 ปีที่แล้ว +1

      The people who are involved in the transaction . As in if it is a matter of land then court authorities for land verification and income tax department,previous owners etc they will be linked with this system for verification.
      Cryptographic puzzle is sort of a payment you make to access the network. In some network you earn bitcoins, in such network you earn proof of work/ verification you require.
      This is my own understanding from this video I might be wrong. But this is what I understood. :)

    • @m1a1aa75
      @m1a1aa75 4 ปีที่แล้ว

      detailed explanation
      th-cam.com/video/bBC-nXj3Ng4/w-d-xo.html

    • @tishagonzalez725
      @tishagonzalez725 4 ปีที่แล้ว

      ravi badola well understood my friend

  • @marcusperez1317
    @marcusperez1317 3 ปีที่แล้ว +24

    I have been watching some videos and I was thinking about investing, but still don't know where to start from, any recommendation?

    • @ammayien3239
      @ammayien3239 3 ปีที่แล้ว

      It's strange how people talk about all the profits, they've been making through trading of bitcoin, while am here not making any profit at all. Please can Someone put me through on the right path.

    • @franklinpaul8665
      @franklinpaul8665 3 ปีที่แล้ว

      @@ammayien3239 Most time having knowledge or insight about a particular activity can as well be a pleasing exercise. I can boldly say that forex and crypto trading is one of the profitable money exchange services that elevates investors and their financial status.

    • @gabrieljaxon9553
      @gabrieljaxon9553 3 ปีที่แล้ว

      That's true most people today have been having a lot of failures in forex and crypto sector because of poor orientation and bad experts

    • @leogabriella2991
      @leogabriella2991 3 ปีที่แล้ว

      @@gabrieljaxon9553 You don't make money on forex or crypto by holding your coins rather you trade to make gains

    • @gabrieljaxon9553
      @gabrieljaxon9553 3 ปีที่แล้ว

      @@leogabriella2991 I believe your view

  • @vedbhanushali608
    @vedbhanushali608 ปีที่แล้ว

    great explanation with awesome visuals.

  • @DanDan-mi4sf
    @DanDan-mi4sf ปีที่แล้ว

    this is indeed the best so far i have seen

  • @Jessica-mp4is
    @Jessica-mp4is 2 ปีที่แล้ว +14

    most people think..... investing in crypto is all about buying coin and leave it to rise, common it's takes much analysis to be a successful crypto trader.

    • @Hus43
      @Hus43 2 ปีที่แล้ว

      I'm making a whole lot of profit off trading stock. at the same time, I'd like to invest in forex and Bitcoin as i heard it's really happening

    • @techlead9748
      @techlead9748 2 ปีที่แล้ว

      @Precious James I will advise you to try expert James Lucas fx he trading strategies is really working for me.

    • @adersoncharlotte9310
      @adersoncharlotte9310 2 ปีที่แล้ว

      I have heard of expert James Lucas I think saw it online, as I was making a research on something.

    • @adersoncharlotte9310
      @adersoncharlotte9310 2 ปีที่แล้ว

      expert James Lucas fx success story is everywhere.

    • @princemaly5331
      @princemaly5331 2 ปีที่แล้ว

      thanks for all this opportunity when I get home!!!

  • @aleebama5925
    @aleebama5925 3 ปีที่แล้ว +3

    Yeah I'm a living testimony of Mr. Joshua Fedrick

  • @gurmindersingh7602
    @gurmindersingh7602 ปีที่แล้ว

    Great explanation with great animation.

  • @valdelacruz218
    @valdelacruz218 3 ปีที่แล้ว

    EXCELLENT PRESENTATION!

  • @albanduro4278
    @albanduro4278 2 ปีที่แล้ว +132

    Live your desired life/dream life. I encourage everyone to invest in crypto currency Today and live a crypto lifestyle with professional, is the best way to financial freedom

    • @manuelasantilla948
      @manuelasantilla948 2 ปีที่แล้ว

      I made $13,800 within 6days of trading

    • @estherduran9265
      @estherduran9265 2 ปีที่แล้ว

      @@manuelasantilla948 You're lucky

    • @estherduran9265
      @estherduran9265 2 ปีที่แล้ว

      I Lost $1500 trading with an unprofessional trader

    • @carolinamonroy1991
      @carolinamonroy1991 2 ปีที่แล้ว

      Most people don't invest due to ignorance

    • @carolinamonroy1991
      @carolinamonroy1991 2 ปีที่แล้ว

      People are scared of investing because of the high rate of scam in the business. There are scammers but real brokers are out there for investors

  • @ForAllCrypto
    @ForAllCrypto 4 ปีที่แล้ว +4

    The FED is going nuts, printing endless amount of money, literally telling everyone that there is no end to their power to print money should bring people towards the only real money, Bitcoin.

    • @chrisantoun274
      @chrisantoun274 4 ปีที่แล้ว

      I'm planning on making a post on reddit as to why this whole cares act loan disbursal situation is a perfect example of why we need to institute blockchain and promote mass adoption.

  • @bulgarianlanguageacademy2587
    @bulgarianlanguageacademy2587 3 ปีที่แล้ว +1

    Perfect explanation for someone like me who has no idea about this. Thank you. :)

  • @darrellmills4892
    @darrellmills4892 3 ปีที่แล้ว

    I just listened to various youtubers attempt to explain blockchain. However they could not resist the urge to pontificate about their personal political views. I found it irritating, self indulgent and unedifying(if there's such a word). Thank you so much for making if plain and concise. Your presentation makes me want to really learn more about it. Thank you so much for your time and effort in putting this together.

  • @hasanbheru3520
    @hasanbheru3520 3 ปีที่แล้ว +9

    Value investing is a fairly simple concept. Executing it, on the other hand, can prove quite difficult for investors. If you're ever feeling intimidated or on the wrong track, it's always a great idea to listen to experienced people. With that in mind,

    • @masonwilliams5322
      @masonwilliams5322 3 ปีที่แล้ว

      All intelligent investing is value investing - acquiring more than you are paying for

    • @markbrooklyn7506
      @markbrooklyn7506 3 ปีที่แล้ว

      How do we get paid through online investment platform?

    • @williamjack5011
      @williamjack5011 3 ปีที่แล้ว

      Through what kind of job, is it through online investment?

    • @federicocastro5163
      @federicocastro5163 3 ปีที่แล้ว

      Yes through online investment investing platform

    • @mfuphigugulethu9318
      @mfuphigugulethu9318 3 ปีที่แล้ว

      I get paid directly to my bank account

  • @ethandavis520
    @ethandavis520 3 ปีที่แล้ว +43

    Who else thinks this forex/crypto trading is kinda easy but is way
    to nervous to start

    • @violetculligan7923
      @violetculligan7923 3 ปีที่แล้ว

      For me the best I have succeeded in forex trading is by trading with a good account manager, I've been able to grow my account to $20000 within a month under the guidance of a good manager

    • @harryrobot851
      @harryrobot851 3 ปีที่แล้ว

      I have been trading offshore I'm still yet to earn my first $100, lol what strategy do you use please?

    • @melvintrueblood5151
      @melvintrueblood5151 3 ปีที่แล้ว

      Forex trading has left me no choice but to keep investing because it makes so much profit for me

    • @nelsonwick1716
      @nelsonwick1716 3 ปีที่แล้ว

      Demo account are risk free

    • @harryrobot851
      @harryrobot851 3 ปีที่แล้ว

      @@nelsonwick1716 How much do you make and how long have you been doing this?

  • @zaeemjaved6850
    @zaeemjaved6850 3 ปีที่แล้ว

    Thankyou for this video❤️

  • @danielpinard8921
    @danielpinard8921 3 ปีที่แล้ว

    Great video and very clearly explained.