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.
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,
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,
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.
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…
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!
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
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
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!
@@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.
@@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
"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!
@@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 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.
@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.
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.
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
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.
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.
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?
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.
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
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.
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.
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 🇫🇯
@@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
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
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!!
Thank you very much for this simple and clear explanation. I have a few questions: - How is the hash calculated? - What does the blockchain look like? Like, what kind of file format is it? At the end you say you can create a blockchain yourself in JavaScript, which intrigued me. So it's just a piece of JavaScript code?
The hash of a block is dependant on the hashing algorithm used. In bitcoin it is like: sha256(sha256( all information in the block )) The language is largely irrelevant. What the code looks like is also dependant on the programmer. See the thumbnail of the video for a visual representation of what it looks like. For a centralized blockchain that is just stored in memory, think of a linked list.
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
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!
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.
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.
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.
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.
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.
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.
This is quite needful but for beginners, we shouldn't settle for videos alone, we should Be prepared to contribute. Sure, there are already financial analysts and PhDs that have shelled out theories and ideas for years, but that doesn’t mean you can’t contribute.
It is very encouraging to Possess a thirst for knowledge. Never stop reading and learning about this stuff. Learn to love it. This isn’t something you’re going to read for a couple seconds and just master randomly. This is a skill, and as such, you need to feed it.
Blockchain technology accounts for the issues of security and trust in several ways. First, new blocks are always stored linearly and chronologically. That is, they are always added to the “end” of the blockchain. If you take a look at Bitcoin’s blockchain, you’ll see that each block has a position on the chain, called a “height.” As of February 2019, the block’s height had topped 562,000.
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.
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.
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!!!
It's really amazing !! Great work 👏 I m currently working as an intern in Ednerds and want to know abt blockchain technology and this video has really helped me !!
I honestly can't imagine why anyone would dislike this, this is very clear and very helpful. You just got a new subscriber and a like, thank you very much!!
@@grahamroberto6578 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
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.
There is better tech coming, blockchain has been around for 10 years now and they are still trying to fix the problems with it. A big announcement should be coming later this year.
If you cannot explain something simple enough for everyone to understand, then you have not understood it well enough. Great video.
This may not be true. Realativity theory , whoever explained , it is very difficult to grasp on.
@@virjeeva so have you understood everything?
Einstein's quote, I see :)
That's stupid
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.
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,
I'm new to investing and would like some expert advice on the best strategies and resources for beginners.
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,
Please how can I get in touch with this Evan? I really need to give him a try
he's mostly on Telegrams, using the user Name
@Evandennistrader THAT IS HIS USER NAME
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.
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
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…
Kardden Token time! This thing is lifting up in ways nobody did before
I see Kardden with 50x, maybe even 100x. Binance also gonna have that
Kardden Token will moonshoot after CEX listing..
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!
odlicno objasnjeno-svaki put nesto novo saznam i naucim.
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
hello now are you doing
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
Министр, спасибо за этот метод - он работает на ура!
Эта связка - настоящий открытие для меня, спасибо за рекомендацию!
Probably the best and easiest to follow explanation of blockchain technology I’ve found on TH-cam. Just subscribed!
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!
Imagine making a video on a complex subject so good that students and professors alike appreciate it for their work
Do you have any idea what kind of future you are working/studying to create? Probably not. Sad.
Are a crypto currency trader
Coinbase listing Kardden Binance probably in line too
Crypto currency is legit and it's for the future.I hope people will take interest to invest to live a comfortable live.
I hate bots
Thanks man, as someone with no experience in programming, this made me understood what it's about.
Are you trading bitcoin?
Oh uh got it na....toh plz explain this in 2lines.....
Cz I m still confused
@@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.
@@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
@@nidhisahay1122 Glad it could help.
Kardden Token is awaiting major CEX listings. It's possible to hit 100x this year.
Best video EVER! Very clear, concise and easy to follow. This answered a ton of my questions.
"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!
This is a terrific video, I finally have a base understanding of what the block chain is, thanks!
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
Are a crypto currency trader
I respect your work mate so you say Kardden good one to use?
Wow, it took me like 10 years before I decided to look into what Blockchain actually means. Not as complicated as I imagined.
I don’t know why I still find it complicated
@@motivateyourself6441 it's fine, we all got different ways to think. Just watch another video about it and you'll get it
@@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.
@@ezekieldominiquintal7556 theres money to be made in this space for the average person for sure. just got to get creative
@@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.
Who's here wit me in 2021, beginning or furthering their crypto currency education?
Are we too late?
@@ronneldeleonbul2nddeo350 no it’s just the Beginning
Me! 🙋🏻♀️
@@ronneldeleonbul2nddeo350 We are just getting started!
@@rosiecollins4099Glad I am not alone haha
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!
@martintreize6157 How can someone know a professional trader that is trustworthy when legit ones are hard to find this days
@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.
@martintreize6157 Thanks, i just message her now and she is directing me on how to start trading.
Thank you for this video! The visuals are very effective and the script is simple enough for a beginner to understand without feeling condescending.
Success is about focusing Your energy on what creates results and using what you already know
Assets that can make you rich!
But I don't know why people remain poor due ignorance
@@kylehenderson1243 It's not ignorance but unprofessional broker in the market
Investing in crypto currency now is the best thing to do especially with the current rise in the market
So investing in it wouldn’t be a Bad idea
Great analysis as always, Kardden Token is a strong contender
Simple and Clear. This 5 minutes video helped me more than reading a blockchain related book. Thank you so much.
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.
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?
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
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.
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
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.
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?
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.
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
Market behavior can be complex and unpredictable. Mind if I ask you to recommend this particular advisor to whom you have used their services?
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.
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.
Amazing explanation in proper layman terms. Finally I have got a rough idea about blockchain .
have you heard the yescoin before?
watched about dozen of videos on this and this one is the only one that is actually explains it. great job.
I believe Kardden Token will go 100x after launch on Binance
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.
I'm surprised that this name is being mentioned here, I stumbled upon one of her clients testimonies on CNBC news last week...
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
You trade with Veronica Hoy too? Wow that woman has been a blessing to me and my family.
I'm new at this, please how can I reach her?
I was skeptical at first till I decided to try. Its huge returns is awesome. I can't say much
You lost me at the block
Edit: jk I'm an early adopter
Watch it a few times, you'll get it. I too watched it a couple of times to get a hold of the concept.
Hahahahahaha
I can help you with the right informations.. and make you understand everything you need to know
@@SomethingSomewhereJustOnce so do you know everything you need to know right now?.. i can give you some guide if you want
@@blissbrown8626 can you send me a pm about the block chain technology, and especially a explanation would be great, thanks
This is NOT simply explained. It will not work for most people. Close, but no cigar. Very good video.
After watching 7 or 8 other videos, I am glad to have found this one. Great job explaining this in an easy way!
Hello 👋
Hlw
one of best explanation i have ever seen. thanks for making it so simple.
Thank you! I was struggling to understand blockchain, but now I understand clearly in less than six minutes.
*This shit makes no sense. Quit fucking trolling.*
Finally, after tons of videos I got it. Thank you!
Johannes Pales ll
same here hah
He did a great job making it plain and simple
Once you understand it another world opens
haha I still have a few more to go
In my opinion AMS59K has great Potential to Pump due to all the ai innovation.
Deja de escamear a a la gente mejor aprende a cantar como sebastian yantra
Я также проверил эту связку и не могу не подтвердить её эффективность.
I'm impressed. Very easy to understand and well written. Thank you!!
I wish discovered this video years yearlier, at last I understood how it works.
I can help you out
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 🇫🇯
@@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
@@shakibreeza6199 contact expert Mrs Blossom Jefferson,she'll be glad to help you out
@@shakibreeza6199 + 1 8 7 2 2 6 8 6 9 6 3
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.
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
Are a crypto currency trader
Agreed 1000% I have watched this video many times and I will continue until it becomes second nature. Thanks man!
love you my man, I had the concept, but this really hits home the reasons and security behind blockchain. you nailed it
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!!
have you heard the yescoin before?
and do you have a telegram account
Great video, thank you for breaking down this complex concept into a simple and understandable explanation. May God bless you man🙏❤️.
Now i realised "inception" is a simple movie.
*Now I realize 'Inception' is a "simple" movie
Lol man 😂😂✌️😄🤣 lmao u got mah point
Haha haha that is what I thinking
HHahaha
Simple , useful , and clear . Thank you
AMS59K is awaiting major CEX listings. Its possible to hit 100x this year.
Thank you very much for this simple and clear explanation. I have a few questions:
- How is the hash calculated?
- What does the blockchain look like? Like, what kind of file format is it? At the end you say you can create a blockchain yourself in JavaScript, which intrigued me. So it's just a piece of JavaScript code?
Hello
The hash of a block is dependant on the hashing algorithm used.
In bitcoin it is like: sha256(sha256( all information in the block ))
The language is largely irrelevant. What the code looks like is also dependant on the programmer.
See the thumbnail of the video for a visual representation of what it looks like.
For a centralized blockchain that is just stored in memory, think of a linked list.
Thank you for breaking it down and adding the visual aid! Really appreciate it
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
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!
Are a crypto currency trader
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.
Hello
this isnt just about crypto, its a prelude to a decentralized internet;
And I can't wait
Revolution Populi ($RVP) is working on that
@@pow1983 calm down
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.
He's mostly on Telegrams, using the user name
CraigReeder
That's his username.
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.
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.
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.
Simple and brief! Excellent work! Thank you!
Bitcoin is gearing up for a monumental leap to new all- time highs.
Absolutely. It's an exciting time to be in crypto. Strap in and enjoy the journey.
this is definitely superb! think you could suggest any professional/advisors i can get on the phone with??
Yes grahamconsults
i'm in my fifth trade with him and it has been super.
On telegram?
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.
TheBitcoinExpressOfficial✅ that's his verified handle
he's active on TELEGRAMS with the name above
Trading cryptocurrency has given me financial freedom. I can finally live life on my own terms.
The trade signals provided by this trader have helped me achieve consistent profits. Highly recommended.
10/10 would scam bot again
Absolutely the best easily understood blockchain video I've ever seen. Well done.
Are a crypto currency trader
This is quite needful but for beginners, we shouldn't settle for videos alone, we should Be prepared to contribute. Sure, there are already financial analysts and PhDs that have shelled out theories and ideas for years, but that doesn’t mean you can’t contribute.
It is very encouraging to Possess a thirst for knowledge. Never stop reading and learning about this stuff. Learn to love it. This isn’t something you’re going to read for a couple seconds and just master randomly. This is a skill, and as such, you need to feed it.
Blockchain technology accounts for the issues of security and trust in several ways. First, new blocks are always stored linearly and chronologically. That is, they are always added to the “end” of the blockchain. If you take a look at Bitcoin’s blockchain, you’ll see that each block has a position on the chain, called a “height.” As of February 2019, the block’s height had topped 562,000.
I have to make a presentation for this at my college, Can I use the illustrations used in this video? Nice explanation btw!
Amazing and very "simply explained". Never seen such a simple animation for conceptualization of a technology. Kudos to the makers. Love it.
Great presentation. Agree😊😊
Are a crypto currency trader
So, basically, blockchain is mutually agreed linkedlist? :)
How to? Make
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.
Oh yeah except indices they have hashes.
Yeah, it is a sort of doubly linked lists...
No, It's very different.
Couldnt have asked for a better made video on this, thank you
Hi Dash
This is the most simplest, most understood video. Great work
Best explanation I found on the internet!! Love this video!
This is the best explanation for crypto I've seen to date. Well done!
Are a crypto currency trader
Never understood blockchain until I found this video! Thank you!
Well. That's 69 of us now ....noice .
Hello
Hello 👋
The best video on youtube explaining blockchain. Great effort.
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.
@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?
a hash is simply like a password that been turned into hashtags so it can remain secret...
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!!!
Thank you! I really needed this. I'm studying cyber security and I struggled to visualize this concept.
Glad you liked it! Good luck with your studies!
A brilliant video, beautifully explained for beginners. Well done!
It's really amazing !! Great work 👏
I m currently working as an intern in Ednerds and want to know abt blockchain technology and this video has really helped me !!
You give good idea about BLOCKCHAIN
You do an amazing job explaining things! I’ve fallen into a hole with four videos because it’s so easily understood. Awesome job!
a poop fart
I honestly can't imagine why anyone would dislike this, this is very clear and very helpful. You just got a new subscriber and a like, thank you very much!!
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
Great explanation. Clear, succinct and accurate.
Finally I got it? Couldn't believe it was that simple. Cheers mate!
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....
Great and simple explanation of blockchains. Very useful
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?
Thank you for saving my presentation!
5 minutes of my time made me understood everythings with this video. Thanks you very much :)
When you invest, you're buying a day you don't have to work
Assets that can make you rich
Bitcoin
Stocks
Real estate
@@grahamroberto6578 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
@@kelvinpeter8640 It's not ignorance but due to some unprofessional broker in the market
I'm from Spain i have been an investor in the crypto market for over 2 years now
Most people venture into crypto currency to be a millionaire meanwhile I just want to be debt free and live comfortably
You deserve my comment!
Best explanation.
I don't usually rate videos but this was fantastic. Great work.
Thanks a lot! I appreciate it!
+1 !!
This was fun and easily understood by a investment challenged individual. Thank you!
Are a crypto currency trader
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.
Hi Savjee
You just made my understanding of something complex easier and now i can talk about ''The blockchain''.
Great explanation.
I would like to recommend to you a very reliable platform
the most simplest of explanation for Blockchain found on the internet....Appreciate guys...!
My word...Thank you for such a great illustration of what & how it works. 🙏🏻
Are a crypto currency trader
You saved me for my AP project because this explained everything i needed
The entire Blockchain playlist of this Channel is Amazing!!
Hi krishna
I've never seen such a good explanation in under 6 Minutes. My respect!
I would love to recommend to you a very reliable platform
Nicely explained..after lots of searching I find this video most helpful
There is better tech coming, blockchain has been around for 10 years now and they are still trying to fix the problems with it. A big announcement should be coming later this year.
It's very simple, very straightforward and easy to understand
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??