How does a blockchain work - Simply Explained

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  • เผยแพร่เมื่อ 20 พ.ย. 2024

ความคิดเห็น • 3.7K

  • @pummyy
    @pummyy 5 ปีที่แล้ว +7286

    If you cannot explain something simple enough for everyone to understand, then you have not understood it well enough. Great video.

    • @virjeeva
      @virjeeva 5 ปีที่แล้ว +132

      This may not be true. Realativity theory , whoever explained , it is very difficult to grasp on.

    • @blissbrown8626
      @blissbrown8626 5 ปีที่แล้ว +33

      @@virjeeva so have you understood everything?

    • @armaansoni6906
      @armaansoni6906 4 ปีที่แล้ว +27

      Einstein's quote, I see :)

    • @alphamineron
      @alphamineron 4 ปีที่แล้ว +20

      That's stupid

    • @rufus4779
      @rufus4779 4 ปีที่แล้ว +102

      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.

  • @ZacClogstoun-s8o
    @ZacClogstoun-s8o 2 วันที่ผ่านมา +59

    As a newbie about to invest, you must have these three things in mind
    1. Have a long term mindset.
    2. Be willing to take risk.
    3. Be careful on money usage, if you're not spending to earn back, then stop spending.
    4. Never claim to know - Ask questions and it's best you work with a financial advisor,

    • @ben-u2x
      @ben-u2x 2 วันที่ผ่านมา

      I'm new to investing and would like some expert advice on the best strategies and resources for beginners.

    • @ZacClogstoun-s8o
      @ZacClogstoun-s8o 2 วันที่ผ่านมา

      As a beginner investor, it’s essential for you to have a mentor to keep you accountable. Evan Dennis is my trade analyst, he has guided me to identify key market trends,

    • @ben-u2x
      @ben-u2x 2 วันที่ผ่านมา

      Please how can I get in touch with this Evan? I really need to give him a try

    • @ZacClogstoun-s8o
      @ZacClogstoun-s8o 2 วันที่ผ่านมา

      he's mostly on Telegrams, using the user Name

    • @ZacClogstoun-s8o
      @ZacClogstoun-s8o 2 วันที่ผ่านมา

      @Evandennistrader THAT IS HIS USER NAME

  • @davidanderson6980
    @davidanderson6980 2 ปีที่แล้ว +13

    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.

  • @squishrabbit
    @squishrabbit 2 ปีที่แล้ว +15

    Holy crap, I actually understand Blockchain after like 10 years of not knowing wtf everyone was talking about. Thank you so much for your video

    • @MarianMurphy-rz8ej
      @MarianMurphy-rz8ej 20 วันที่ผ่านมา

      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…

  • @shatimondal3775
    @shatimondal3775 4 หลายเดือนก่อน +446

    Kardden Token time! This thing is lifting up in ways nobody did before

  • @dulumvadara1747
    @dulumvadara1747 4 หลายเดือนก่อน +319

    I see Kardden with 50x, maybe even 100x. Binance also gonna have that

  • @faisulhossainmallick8814
    @faisulhossainmallick8814 2 หลายเดือนก่อน +356

    Kardden Token will moonshoot after CEX listing..

  • @thelastexpress4270
    @thelastexpress4270 ปีที่แล้ว +50

    Dude you've explained this so well! I've search many sources before and couldn't grasp the concept. You used visual guides excellently as well! I only understand now thanks to you!

  • @emiromerovic6149
    @emiromerovic6149 2 ปีที่แล้ว +11

    odlicno objasnjeno-svaki put nesto novo saznam i naucim.

  • @Silumbe
    @Silumbe 7 ปีที่แล้ว +6

    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

  • @sri_rathna_mahi6806
    @sri_rathna_mahi6806 4 ปีที่แล้ว +17

    I googled and went through almost all the websites but you were the best. Rest all made it impossible for me to present a poster in my university. I almost thought to give up. Thanks for this. I promise to give the perfect presentation on the D-Day...! THANK YOU so much SAVJEE

    • @NoeliaCapilla-vp5zy
      @NoeliaCapilla-vp5zy 5 หลายเดือนก่อน

      Министр, спасибо за этот метод - он работает на ура!

    • @LauraTixian
      @LauraTixian 5 หลายเดือนก่อน

      Эта связка - настоящий открытие для меня, спасибо за рекомендацию!

  • @PacJMG
    @PacJMG 3 ปีที่แล้ว +17

    Probably the best and easiest to follow explanation of blockchain technology I’ve found on TH-cam. Just subscribed!

  • @madylinspencer1017
    @madylinspencer1017 2 ปีที่แล้ว +59

    Just wanted to say I'm citing your video in a paper I'm writing for my health information systems class. My professor also showed your video in class one day a month or two after I had found it. Needless to say, this video has been quite helpful for explaining blockchain in a way which is easy to understand lol. Thanks!

    • @steveishere8808
      @steveishere8808 2 ปีที่แล้ว +4

      Imagine making a video on a complex subject so good that students and professors alike appreciate it for their work

    • @CarnevalOne
      @CarnevalOne 2 ปีที่แล้ว

      Do you have any idea what kind of future you are working/studying to create? Probably not. Sad.

    • @rogerkyle6822
      @rogerkyle6822 2 ปีที่แล้ว

      Are a crypto currency trader

  • @MdRihan-ei4yz
    @MdRihan-ei4yz 4 หลายเดือนก่อน +267

    Coinbase listing Kardden Binance probably in line too

    • @AmeliaRogher
      @AmeliaRogher 2 หลายเดือนก่อน +1

      Crypto currency is legit and it's for the future.I hope people will take interest to invest to live a comfortable live.

    • @havingfunonyoutube7034
      @havingfunonyoutube7034 28 วันที่ผ่านมา +1

      I hate bots

  • @tanmayja1n
    @tanmayja1n 5 ปีที่แล้ว +160

    Thanks man, as someone with no experience in programming, this made me understood what it's about.

    • @blissbrown8626
      @blissbrown8626 5 ปีที่แล้ว +4

      Are you trading bitcoin?

    • @nidhisahay1122
      @nidhisahay1122 4 ปีที่แล้ว +4

      Oh uh got it na....toh plz explain this in 2lines.....
      Cz I m still confused

    • @tanmayja1n
      @tanmayja1n 4 ปีที่แล้ว +24

      @@nidhisahay1122
      You (a "node") have a file of transactions on your computer (a "ledger"). Two government accountants (let's call them "miners") have the same file on theirs (so it’s "distributed"). When you make any transaction, your computer sends an e-mail to each accountant to inform them.
      Each accountant rushes to be the first to check whether you can afford it (and be paid their salary "Bitcoins"). The first to check and validate hits “REPLY ALL”, attaching their logic for verifying the transaction ("proof of work"). If the other accountant agrees, everyone updates their file…
      This concept is enabled by "Blockchain" technology.

    • @nidhisahay1122
      @nidhisahay1122 4 ปีที่แล้ว

      @@tanmayja1n wow now I got it
      Thank you 😊 I tried really hard to understand it through notes but all the ways I found were confusing.....
      Finally easy explanation.....n really helpful

    • @tanmayja1n
      @tanmayja1n 4 ปีที่แล้ว +1

      @@nidhisahay1122 Glad it could help.

  • @CBJOKER195
    @CBJOKER195 4 หลายเดือนก่อน +143

    Kardden Token is awaiting major CEX listings. It's possible to hit 100x this year.

  • @Lumencraft-
    @Lumencraft- 3 ปีที่แล้ว +10

    Best video EVER! Very clear, concise and easy to follow. This answered a ton of my questions.

  • @davidhowman4212
    @davidhowman4212 4 ปีที่แล้ว +56

    "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!

  • @Crazelord91
    @Crazelord91 4 ปีที่แล้ว +188

    This is a terrific video, I finally have a base understanding of what the block chain is, thanks!

    • @hezekhielloveth8457
      @hezekhielloveth8457 3 ปีที่แล้ว +3

      Dude now it is your time to understand the Arbimoon, and do some research because what I have seen regarding it is really gonna worthy

    • @rogerkyle6822
      @rogerkyle6822 2 ปีที่แล้ว

      Are a crypto currency trader

  • @TribhuwannathUpadhyay-g9t
    @TribhuwannathUpadhyay-g9t 4 หลายเดือนก่อน +221

    I respect your work mate so you say Kardden good one to use?

  • @anarki777
    @anarki777 3 ปีที่แล้ว +80

    Wow, it took me like 10 years before I decided to look into what Blockchain actually means. Not as complicated as I imagined.

    • @motivateyourself6441
      @motivateyourself6441 3 ปีที่แล้ว +5

      I don’t know why I still find it complicated

    • @giorgio4352
      @giorgio4352 3 ปีที่แล้ว

      @@motivateyourself6441 it's fine, we all got different ways to think. Just watch another video about it and you'll get it

    • @ezekieldominiquintal7556
      @ezekieldominiquintal7556 3 ปีที่แล้ว +3

      ​@@motivateyourself6441 The intention of the blockchain is basically to create encryption for all digitalized information that exist in every records of mankind. Cloud storage for everything that digitally exist. And those records without digital records can be provided by digital representation like a QR code but blockchain uses Hash instead.
      Hash is basically a mathematical formula that is almost impossible to reverse. For context, addition can be reversed by subtraction, multiplication with division, quadratic equation with quadratic formula. The level of complication in the Hash formula is too complex to find a solution for reversibility. This resulted to Hash formula to be the most complex mathematical formula ever developed.
      This may remove multiple variety of encryption of similar items in the internet which more often that not, prevents a smooth and safe transaction due to repetitive encryption and decryption of weaker encryption formula. This does not however stop others from creating another encryption on top of the Hash. And that is a good thing, since if ever by some miracle that someone manage to figure out a Hash solution, then all content of blockchain will be the biggest gold mine to ever exist in the history of mankind.
      TL:DR
      Block chain is meant to create security for items/events/transactions that can be put in public. Preventing theft, promoting public integrity, ease of access. But some information that needs privacy can still be put in blockchain by way of applying another encryption on top of Hash.

    • @aw7614
      @aw7614 3 ปีที่แล้ว +1

      @@ezekieldominiquintal7556 theres money to be made in this space for the average person for sure. just got to get creative

    • @ezekieldominiquintal7556
      @ezekieldominiquintal7556 3 ปีที่แล้ว

      @@aw7614 definitely. I'm pretty new in game development and I've been studying this concept.
      There are games wherein some items that you found/trained/created can be sold in the game's blackmarket as an NFT. These NFTs can be used on different games that implements those particular items.
      Basically, an item developer can work with other game developers to implement the same NFT in their games. Now, that NFT will be useable whichever games that uses it.
      Example: If a shiny pickachu is an NFT, it can be sold in the blackmarket providing profits for both the player and the developers (maybe as a service fee). When it is transferred in a different game, the item's implementation can be different from its origin. Which means, a shiny pikachu may not necessarily be a pokemon in other games but a card, a potion, or a weapon.
      NFT (Non-fungible token) - an item inside blockchain.

  • @thatsmymortgagebroker5316
    @thatsmymortgagebroker5316 3 ปีที่แล้ว +513

    Who's here wit me in 2021, beginning or furthering their crypto currency education?

  • @jamesnicholas7413
    @jamesnicholas7413 ปีที่แล้ว +37

    I'm new to all this crypto, feels overwhelming but I won't give up on learning this. Thanks for you clear explanation from the very beginning!

    • @jamesnicholas7413
      @jamesnicholas7413 ปีที่แล้ว

      @martintreize6157 How can someone know a professional trader that is trustworthy when legit ones are hard to find this days

    • @jamesnicholas7413
      @jamesnicholas7413 ปีที่แล้ว

      @martintreize6157 This is not the first time I am hearing of Mrs Keitha Henderson. and her exploits in the trading world but I have no idea how to reach her.

    • @jamesnicholas7413
      @jamesnicholas7413 ปีที่แล้ว +1

      @martintreize6157 Thanks, i just message her now and she is directing me on how to start trading.

  • @HannahNeedstoYell
    @HannahNeedstoYell ปีที่แล้ว +13

    Thank you for this video! The visuals are very effective and the script is simple enough for a beginner to understand without feeling condescending.

  • @jasonburke5628
    @jasonburke5628 3 ปีที่แล้ว +11

    Success is about focusing Your energy on what creates results and using what you already know

    • @stephenhughes7520
      @stephenhughes7520 3 ปีที่แล้ว

      Assets that can make you rich!

    • @kylehenderson1243
      @kylehenderson1243 3 ปีที่แล้ว

      But I don't know why people remain poor due ignorance

    • @harrytucker8555
      @harrytucker8555 3 ปีที่แล้ว

      @@kylehenderson1243 It's not ignorance but unprofessional broker in the market

    • @harrytucker8555
      @harrytucker8555 3 ปีที่แล้ว

      Investing in crypto currency now is the best thing to do especially with the current rise in the market

    • @harrytucker8555
      @harrytucker8555 3 ปีที่แล้ว

      So investing in it wouldn’t be a Bad idea

  • @sarikajori8934
    @sarikajori8934 4 หลายเดือนก่อน +201

    Great analysis as always, Kardden Token is a strong contender

  • @soyoungdesu7125
    @soyoungdesu7125 ปีที่แล้ว +11

    Simple and Clear. This 5 minutes video helped me more than reading a blockchain related book. Thank you so much.

  • @NateFleming-r3t
    @NateFleming-r3t หลายเดือนก่อน +33

    It took me four years to discover that forecasting the market based on charts is pointless; you never know what will happen. Without a mentor, those four years were miserable. Now, I watch market trends and keep things basic and disciplined. I currently earn an average of $35k every week, despite the fact that I barely trade myself.

    • @AbdouBa-k7x
      @AbdouBa-k7x หลายเดือนก่อน

      I AM new to crypto currency and don't understand how it really works. how Can someone know the right approach to make profits from crypto investments?

    • @ShannonHelms-m4i
      @ShannonHelms-m4i หลายเดือนก่อน

      As a beginner investor, it is essential for you to have a mentor to keep you accountable. Myself, I was guided by Marianne Schmitz. A widely known crypto consultant

    • @Jasperwood2796
      @Jasperwood2796 หลายเดือนก่อน

      Yeah Marianne was my hope during the 'bear summer' last year. I did so many mistakes but also learned so much from it, and of course Marianne Schmitz is my number one source when it comes to crypto and TA.

    • @EddieWashington9477
      @EddieWashington9477 หลายเดือนก่อน

      After I raised up to 325k trading with Marianne I bought a new House and a car here in the states ??also paid for my son's surgery

    • @graceoneal5735
      @graceoneal5735 หลายเดือนก่อน

      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.

  • @Hannahbenowitz
    @Hannahbenowitz 6 หลายเดือนก่อน +138

    My expectation for 2024 is that markets starts to broaden out more, with the rates cut i have a couple of questions....can I safely invest $220k in the markets? What should I do differently?

    • @HildaBennet
      @HildaBennet 6 หลายเดือนก่อน +2

      Long term? Stocks! Small-Caps are poised to perform better in the coming year despite Fed actions with rates to make investors worried. you should look into which the Best Small-Caps Stocks to position into.

    • @FinnBraylon
      @FinnBraylon 6 หลายเดือนก่อน

      Accurate asset allocation is crucial right now, and some individuals use hedging strategies or allocate part of their portfolio to defensive assets for market downturns. financial advisory is vital for achieving this. This approach has helped me stay financially secure for over five years, yielding nearly a million ROI

    • @PennyBergeron-os4ch
      @PennyBergeron-os4ch 6 หลายเดือนก่อน

      Market behavior can be complex and unpredictable. Mind if I ask you to recommend this particular advisor to whom you have used their services?

    • @FinnBraylon
      @FinnBraylon 6 หลายเดือนก่อน

      Sonya lee Mitchell is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.

    • @PennyBergeron-os4ch
      @PennyBergeron-os4ch 6 หลายเดือนก่อน

      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.

  • @omnipoten8
    @omnipoten8 2 ปีที่แล้ว +21

    Amazing explanation in proper layman terms. Finally I have got a rough idea about blockchain .

  • @chessgo5028
    @chessgo5028 3 ปีที่แล้ว +3

    watched about dozen of videos on this and this one is the only one that is actually explains it. great job.

  • @OliulRahaman-uc2sw
    @OliulRahaman-uc2sw 2 หลายเดือนก่อน +135

    I believe Kardden Token will go 100x after launch on Binance

  • @susegeissler998
    @susegeissler998 2 หลายเดือนก่อน +32

    I will be forever grateful to you, you changed my entire life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Veronica Hoy.

    • @HenryP.-ji5eb
      @HenryP.-ji5eb 2 หลายเดือนก่อน

      I'm surprised that this name is being mentioned here, I stumbled upon one of her clients testimonies on CNBC news last week...

    • @VivianLian-sm5uo
      @VivianLian-sm5uo 2 หลายเดือนก่อน

      Really you people know her? I was even thinking that I'm the only one she has helped walk through the fears and falls of trading

    • @ChristophAdino12w2
      @ChristophAdino12w2 2 หลายเดือนก่อน

      You trade with Veronica Hoy too? Wow that woman has been a blessing to me and my family.

    • @ChantaleDelice-h1i
      @ChantaleDelice-h1i 2 หลายเดือนก่อน

      I'm new at this, please how can I reach her?

    • @Lunlun07
      @Lunlun07 2 หลายเดือนก่อน

      I was skeptical at first till I decided to try. Its huge returns is awesome. I can't say much

  • @nonexistent1711
    @nonexistent1711 5 ปีที่แล้ว +1233

    You lost me at the block
    Edit: jk I'm an early adopter

    • @SomethingSomewhereJustOnce
      @SomethingSomewhereJustOnce 5 ปีที่แล้ว +21

      Watch it a few times, you'll get it. I too watched it a couple of times to get a hold of the concept.

    • @AndonisMarcus
      @AndonisMarcus 5 ปีที่แล้ว +5

      Hahahahahaha

    • @blissbrown8626
      @blissbrown8626 5 ปีที่แล้ว +4

      I can help you with the right informations.. and make you understand everything you need to know

    • @blissbrown8626
      @blissbrown8626 5 ปีที่แล้ว +1

      @@SomethingSomewhereJustOnce so do you know everything you need to know right now?.. i can give you some guide if you want

    • @antoniowakardo7280
      @antoniowakardo7280 5 ปีที่แล้ว +1

      @@blissbrown8626 can you send me a pm about the block chain technology, and especially a explanation would be great, thanks

  • @ziraprod6090
    @ziraprod6090 ปีที่แล้ว

    This is NOT simply explained. It will not work for most people. Close, but no cigar. Very good video.

  • @paxton4evr
    @paxton4evr 6 ปีที่แล้ว +35

    After watching 7 or 8 other videos, I am glad to have found this one. Great job explaining this in an easy way!

  • @biklimbs1133
    @biklimbs1133 2 ปีที่แล้ว +4

    one of best explanation i have ever seen. thanks for making it so simple.

  • @demitripeynado3458
    @demitripeynado3458 2 ปีที่แล้ว +31

    Thank you! I was struggling to understand blockchain, but now I understand clearly in less than six minutes.

    • @earlaweese
      @earlaweese 2 ปีที่แล้ว

      *This shit makes no sense. Quit fucking trolling.*

  • @dukathneu
    @dukathneu 7 ปีที่แล้ว +1675

    Finally, after tons of videos I got it. Thank you!

    • @sunnypyun9909
      @sunnypyun9909 7 ปีที่แล้ว +1

      Johannes Pales ll

    • @popingsung436
      @popingsung436 6 ปีที่แล้ว +4

      same here hah

    • @BodySnatcherIV
      @BodySnatcherIV 6 ปีที่แล้ว +7

      He did a great job making it plain and simple

    • @cryptotwitter7387
      @cryptotwitter7387 6 ปีที่แล้ว +8

      Once you understand it another world opens

    • @Yestothetalk
      @Yestothetalk 6 ปีที่แล้ว +12

      haha I still have a few more to go

  • @JesúsAlbertoCárdenas-c9j
    @JesúsAlbertoCárdenas-c9j 6 หลายเดือนก่อน +746

    In my opinion AMS59K has great Potential to Pump due to all the ai innovation.

    • @weeevan3078
      @weeevan3078 5 หลายเดือนก่อน +2

      Deja de escamear a a la gente mejor aprende a cantar como sebastian yantra

    • @HusseinAsaad-gl5lw
      @HusseinAsaad-gl5lw 5 หลายเดือนก่อน

      Я также проверил эту связку и не могу не подтвердить её эффективность.

  • @terrygoff3549
    @terrygoff3549 2 ปีที่แล้ว +10

    I'm impressed. Very easy to understand and well written. Thank you!!

  • @stanisawnowak1930
    @stanisawnowak1930 3 ปีที่แล้ว +27

    I wish discovered this video years yearlier, at last I understood how it works.

    • @tylorwinner666
      @tylorwinner666 3 ปีที่แล้ว +2

      I can help you out

    • @hardc0recryt090
      @hardc0recryt090 3 ปีที่แล้ว

      Thanks for sharing your comments make a note to my trusted trader , William Charle on Watsapp ap to help you make profit in bitcoin and stock + 1 5 1 7 6 8 4 9 4 8 0 he's strategies are top notch 🇫🇯

    • @shakibreeza6199
      @shakibreeza6199 3 ปีที่แล้ว

      @@tylorwinner666 can you help me out please? my uncle told me to do research on block chain as he said it’s the way to the future, this is my first video i’m going to watch more as i don’t understand but i want to learn about this and profit off it. anyway i can contact you by the way if you do help me i have zero knowledge so i may be a bit dumb. i’d say i have a average iq

    • @tylorwinner666
      @tylorwinner666 3 ปีที่แล้ว

      @@shakibreeza6199 contact expert Mrs Blossom Jefferson,she'll be glad to help you out

    • @tylorwinner666
      @tylorwinner666 3 ปีที่แล้ว

      @@shakibreeza6199 + 1 8 7 2 2 6 8 6 9 6 3

  • @markdunn756
    @markdunn756 6 ปีที่แล้ว +5

    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.

  • @yufliu
    @yufliu 3 ปีที่แล้ว +3

    I was always a little confused how blockchain was anonymous but also at the same time everyone can see what’s going on. Now I kind of get it where it’s more so everyone agrees that nothing went bad so it keeps the integrity without compromising someone’s confidentiality

    • @rogerkyle6822
      @rogerkyle6822 2 ปีที่แล้ว

      Are a crypto currency trader

  • @humansforcrypto9180
    @humansforcrypto9180 3 ปีที่แล้ว +4

    Agreed 1000% I have watched this video many times and I will continue until it becomes second nature. Thanks man!

  • @JoshuaWilsonNZ
    @JoshuaWilsonNZ 2 ปีที่แล้ว +4

    love you my man, I had the concept, but this really hits home the reasons and security behind blockchain. you nailed it

  • @thisissyedbasim
    @thisissyedbasim 2 ปีที่แล้ว +4

    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!!

  • @carl___________
    @carl___________ 3 ปีที่แล้ว +74

    Great video, thank you for breaking down this complex concept into a simple and understandable explanation. May God bless you man🙏❤️.

  • @jericheruvott7796
    @jericheruvott7796 4 ปีที่แล้ว +805

    Now i realised "inception" is a simple movie.

  • @OmarAdnan1988
    @OmarAdnan1988 6 ปีที่แล้ว +9

    Simple , useful , and clear . Thank you

  • @FernandoRamirez-np7lm
    @FernandoRamirez-np7lm 6 หลายเดือนก่อน +547

    AMS59K is awaiting major CEX listings. Its possible to hit 100x this year.

  • @jabrown
    @jabrown 2 ปีที่แล้ว +3

    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?

    • @rogerkyle6822
      @rogerkyle6822 2 ปีที่แล้ว

      Hello

    • @rrestoring_faith
      @rrestoring_faith 2 ปีที่แล้ว

      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.

  • @Sdbbffsd
    @Sdbbffsd 3 ปีที่แล้ว +8

    Thank you for breaking it down and adding the visual aid! Really appreciate it

  • @learningchamp7169
    @learningchamp7169 5 ปีที่แล้ว +6

    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

  • @carolinaahlstrand6133
    @carolinaahlstrand6133 3 ปีที่แล้ว +11

    Congratulations, simplicity at its best, I have read articles about it that failed to mention some of the points you mentioned in your video. Looking fwd to continue learning from you. Great job!

    • @rogerkyle6822
      @rogerkyle6822 2 ปีที่แล้ว

      Are a crypto currency trader

  • @PaoloFerrerChannel
    @PaoloFerrerChannel 6 ปีที่แล้ว +19

    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.

  • @rupertwesker5964
    @rupertwesker5964 3 ปีที่แล้ว +84

    this isnt just about crypto, its a prelude to a decentralized internet;

    • @pow1983
      @pow1983 3 ปีที่แล้ว +1

      And I can't wait

    • @FC-bf8fb
      @FC-bf8fb 3 ปีที่แล้ว +2

      Revolution Populi ($RVP) is working on that

    • @OS-yg9fr
      @OS-yg9fr 3 ปีที่แล้ว

      @@pow1983 calm down

  • @CarrollOlesen
    @CarrollOlesen 5 หลายเดือนก่อน +45

    Thanks Mate, the sad truth is that no one has a clue, we all react to what happens as it happens and try to analyse it but can’t predict an iota of what is going to unfold in the markets… content creators are like amplifiers, when times are good they affirm it and try to tell you why it’s good and that it’s looking bullish but then all of a sudden the market turns bearish and everyone affirms it again and try to analyse why… it’s so sad that many are so powerless and it's not about guessing the market's next move; it's about playing it smart and steady during trading...managed to grow a nest egg of around 2.3Bitcoin to a decent 19Bitcoin in the space of a few months... I'm especially grateful to Craig Reeder, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape.

    • @CarrollOlesen
      @CarrollOlesen 5 หลายเดือนก่อน

      He's mostly on Telegrams, using the user name

    • @CarrollOlesen
      @CarrollOlesen 5 หลายเดือนก่อน

      CraigReeder
      That's his username.

    • @TainTsai-x2g
      @TainTsai-x2g 5 หลายเดือนก่อน

      Over the years, I've been a part of numerous trading programs, sifting through a barrage of information. Yet, nothing has come close to the sheer clarity, depth, and precision of Craig insights. It's akin to finding a diamond in a coal mine.

    • @NancyKWeber-c4x
      @NancyKWeber-c4x 5 หลายเดือนก่อน

      Profitable trading requires experience, a solid strategy,and preparation, which we lack, understand buy/sell ratios, identifying market leaders, and diversifying are key to reducing risk.

    • @مسلحموزیک
      @مسلحموزیک 5 หลายเดือนก่อน

      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.

  • @askerakram9628
    @askerakram9628 6 ปีที่แล้ว +21

    Simple and brief! Excellent work! Thank you!

  • @DonnDenisse
    @DonnDenisse หลายเดือนก่อน +11

    Bitcoin is gearing up for a monumental leap to new all- time highs.

    • @NasDaily_11
      @NasDaily_11 หลายเดือนก่อน +2

      Absolutely. It's an exciting time to be in crypto. Strap in and enjoy the journey.

    • @ErnestoHorner88
      @ErnestoHorner88 หลายเดือนก่อน

      this is definitely superb! think you could suggest any professional/advisors i can get on the phone with??

    • @CathieGomez-mp8sk
      @CathieGomez-mp8sk หลายเดือนก่อน +3

      Yes grahamconsults

    • @JohnGeorge-pw2xo
      @JohnGeorge-pw2xo หลายเดือนก่อน

      i'm in my fifth trade with him and it has been super.

    • @Owemruther-hk4zn
      @Owemruther-hk4zn หลายเดือนก่อน

      On telegram?

  • @chamig2002
    @chamig2002 ปีที่แล้ว +123

    The Bitcoin Express recommends a profitable trade set up by using technical analysis and monitoring support and resistance levels. The strategy involves buying at support and selling at resistance, with a stop loss in place to limit potential losses. This approach can be effective in volatile markets like cryptocurrency, where price movements can be rapid and unpredictable.

    • @chamig2002
      @chamig2002 ปีที่แล้ว

      TheBitcoinExpressOfficial✅ that's his verified handle

    • @chamig2002
      @chamig2002 ปีที่แล้ว

      he's active on TELEGRAMS with the name above

    • @estaclinton8756
      @estaclinton8756 ปีที่แล้ว

      Trading cryptocurrency has given me financial freedom. I can finally live life on my own terms.

    • @henrirosner5899
      @henrirosner5899 ปีที่แล้ว

      The trade signals provided by this trader have helped me achieve consistent profits. Highly recommended.

    • @spartonioxD
      @spartonioxD ปีที่แล้ว

      10/10 would scam bot again

  • @chadwickburks2478
    @chadwickburks2478 3 ปีที่แล้ว +22

    Absolutely the best easily understood blockchain video I've ever seen. Well done.

    • @rogerkyle6822
      @rogerkyle6822 2 ปีที่แล้ว

      Are a crypto currency trader

  • @chijiokedaniel8262
    @chijiokedaniel8262 5 ปีที่แล้ว +15

    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.

    • @michealgrebb2519
      @michealgrebb2519 5 ปีที่แล้ว +1

      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.

    • @sophiajenny1351
      @sophiajenny1351 5 ปีที่แล้ว

      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.

  • @nickbeats9883
    @nickbeats9883 3 ปีที่แล้ว +12

    I have to make a presentation for this at my college, Can I use the illustrations used in this video? Nice explanation btw!

  • @vdysrp
    @vdysrp 6 ปีที่แล้ว +17

    Amazing and very "simply explained". Never seen such a simple animation for conceptualization of a technology. Kudos to the makers. Love it.

  • @QwertyUser1983
    @QwertyUser1983 6 ปีที่แล้ว +843

    So, basically, blockchain is mutually agreed linkedlist? :)

    • @prajukpak7706
      @prajukpak7706 6 ปีที่แล้ว +3

      How to? Make

    • @fuzzylilpeach6591
      @fuzzylilpeach6591 6 ปีที่แล้ว +93

      yeah that's what I thought too. it's interesting how a lot of 'new' technology is, at a conceptual level, not new at all. it just takes a while to implement things practically, or find a use for them.

    • @ahmadjamalmughal47
      @ahmadjamalmughal47 6 ปีที่แล้ว +51

      Oh yeah except indices they have hashes.

    • @nanditatiwari7882
      @nanditatiwari7882 5 ปีที่แล้ว +26

      Yeah, it is a sort of doubly linked lists...

    • @AshwaniSharma0207
      @AshwaniSharma0207 5 ปีที่แล้ว +3

      No, It's very different.

  • @dashsnipes341
    @dashsnipes341 3 ปีที่แล้ว +2

    Couldnt have asked for a better made video on this, thank you

  • @dorcaskalon6548
    @dorcaskalon6548 3 ปีที่แล้ว +12

    This is the most simplest, most understood video. Great work

  • @NanitaRiino
    @NanitaRiino 3 ปีที่แล้ว +22

    Best explanation I found on the internet!! Love this video!

  • @WeFIOCommunity
    @WeFIOCommunity 3 ปีที่แล้ว +10

    This is the best explanation for crypto I've seen to date. Well done!

    • @rogerkyle6822
      @rogerkyle6822 2 ปีที่แล้ว

      Are a crypto currency trader

  • @briancubero7913
    @briancubero7913 7 ปีที่แล้ว +104

    Never understood blockchain until I found this video! Thank you!

  • @utkarshupadhyay9311
    @utkarshupadhyay9311 6 ปีที่แล้ว +11

    The best video on youtube explaining blockchain. Great effort.

  • @Mickey.Youtube
    @Mickey.Youtube 3 ปีที่แล้ว

    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.

  • @confused6526
    @confused6526 5 ปีที่แล้ว +8

    @2:33 where you failed to explain: 1- How the hash got changed? 2 - How the new hash is created? and most important of all 3 - what is a hash?

    • @someonenew5198
      @someonenew5198 5 ปีที่แล้ว

      a hash is simply like a password that been turned into hashtags so it can remain secret...

  • @TRADERSFRIEND
    @TRADERSFRIEND 2 ปีที่แล้ว +4

    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!!!

  • @emmluuee
    @emmluuee 2 ปีที่แล้ว +3

    Thank you! I really needed this. I'm studying cyber security and I struggled to visualize this concept.

    • @simplyexplained
      @simplyexplained  ปีที่แล้ว

      Glad you liked it! Good luck with your studies!

  • @thefreeblockchaincourse885
    @thefreeblockchaincourse885 4 ปีที่แล้ว +40

    A brilliant video, beautifully explained for beginners. Well done!

  • @arshirizvi6421
    @arshirizvi6421 4 ปีที่แล้ว +5

    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 !!

  • @MrGamer-id4xf
    @MrGamer-id4xf 2 ปีที่แล้ว +1

    You give good idea about BLOCKCHAIN

  • @atwash1017
    @atwash1017 3 ปีที่แล้ว +16

    You do an amazing job explaining things! I’ve fallen into a hole with four videos because it’s so easily understood. Awesome job!

  • @flowco6543
    @flowco6543 6 ปีที่แล้ว +14

    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!!

  • @URMOM27262
    @URMOM27262 2 ปีที่แล้ว +1

    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

  • @BluSaphireIn
    @BluSaphireIn 2 ปีที่แล้ว +6

    Great explanation. Clear, succinct and accurate.

  • @crayason
    @crayason 3 ปีที่แล้ว +82

    Finally I got it? Couldn't believe it was that simple. Cheers mate!

    • @alyssabrunning8774
      @alyssabrunning8774 3 ปีที่แล้ว

      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....

  • @jgrahumada2011
    @jgrahumada2011 2 ปีที่แล้ว +1

    Great and simple explanation of blockchains. Very useful

    • @jessicawiley5797
      @jessicawiley5797 2 ปีที่แล้ว

      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?

  • @balengdeh4812
    @balengdeh4812 6 ปีที่แล้ว +8

    Thank you for saving my presentation!

  • @e-berry
    @e-berry 5 ปีที่แล้ว +11

    5 minutes of my time made me understood everythings with this video. Thanks you very much :)

  • @cassiejacobs4197
    @cassiejacobs4197 3 ปีที่แล้ว +115

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

    • @grahamroberto6578
      @grahamroberto6578 3 ปีที่แล้ว +8

      Assets that can make you rich
      Bitcoin
      Stocks
      Real estate

    • @kelvinpeter8640
      @kelvinpeter8640 3 ปีที่แล้ว +1

      @@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

    • @loydriley9221
      @loydriley9221 3 ปีที่แล้ว +1

      @@kelvinpeter8640 It's not ignorance but due to some unprofessional broker in the market

    • @jeremygood3246
      @jeremygood3246 3 ปีที่แล้ว +1

      I'm from Spain i have been an investor in the crypto market for over 2 years now

    • @leahmolly9150
      @leahmolly9150 3 ปีที่แล้ว +8

      Most people venture into crypto currency to be a millionaire meanwhile I just want to be debt free and live comfortably

  • @zgunz18
    @zgunz18 3 ปีที่แล้ว +7

    You deserve my comment!
    Best explanation.

  • @TheDivisionDoctor
    @TheDivisionDoctor 7 ปีที่แล้ว +45

    I don't usually rate videos but this was fantastic. Great work.

  • @fluffybunnie7825
    @fluffybunnie7825 2 ปีที่แล้ว +9

    This was fun and easily understood by a investment challenged individual. Thank you!

    • @rogerkyle6822
      @rogerkyle6822 2 ปีที่แล้ว

      Are a crypto currency trader

  • @stevenpaul4394
    @stevenpaul4394 2 ปีที่แล้ว +5

    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.

  • @medaho
    @medaho 7 ปีที่แล้ว +13

    Hi Savjee
    You just made my understanding of something complex easier and now i can talk about ''The blockchain''.
    Great explanation.

    • @rogerkyle6822
      @rogerkyle6822 2 ปีที่แล้ว

      I would like to recommend to you a very reliable platform

  • @panashifzco3311
    @panashifzco3311 2 ปีที่แล้ว

    the most simplest of explanation for Blockchain found on the internet....Appreciate guys...!

  • @kentuckyblugrass
    @kentuckyblugrass 2 ปีที่แล้ว +10

    My word...Thank you for such a great illustration of what & how it works. 🙏🏻

    • @rogerkyle6822
      @rogerkyle6822 2 ปีที่แล้ว

      Are a crypto currency trader

  • @davidh7403
    @davidh7403 6 ปีที่แล้ว +7

    You saved me for my AP project because this explained everything i needed

  • @krishnapriya325
    @krishnapriya325 3 ปีที่แล้ว +2

    The entire Blockchain playlist of this Channel is Amazing!!

  • @meliormens2242
    @meliormens2242 4 ปีที่แล้ว +7

    I've never seen such a good explanation in under 6 Minutes. My respect!

    • @rogerkyle6822
      @rogerkyle6822 2 ปีที่แล้ว

      I would love to recommend to you a very reliable platform

  • @ranjeetapegu9015
    @ranjeetapegu9015 6 ปีที่แล้ว +4

    Nicely explained..after lots of searching I find this video most helpful

    • @Supremax67
      @Supremax67 6 ปีที่แล้ว

      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.

  • @engyinnlwin7126
    @engyinnlwin7126 2 ปีที่แล้ว +1

    It's very simple, very straightforward and easy to understand

    • @jessicawiley5797
      @jessicawiley5797 2 ปีที่แล้ว

      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??