Blockchain Explained | How Does A Blockchain Work | Blockchain Explained Simply | Simplilearn

This Blockchain Explained video will help you understand what is Blockchain, what is Bitcoin, features of Blockchain which includes a public distributed ledger, hash encryption, proof of work, mining, and will also talk about the fields that use Bitcoin. Bitcoin is a decentralized, digital currency, created as an incentive for processing payments, in which users can offer their power of computing for verifying and recording payments that go into public ledgers. However, for Bitcoin to succeed, people should gain a deeper understanding of the ways in which Bitcoin works. This Blockchain tutorial is designed for such beginners to give them a deep knowledge on how Blockchain and Bitcoin works. Now, lets deep dive into this video to understand what Blockchain actually is.

Below topics are explained in this Blockchain tutorial:
0:00 Introduction
1. What is Blockchain? ( 03:41 )
2. What is Bitcoin? ( 04:47 )
3. Features of Blockchain - ( 06:13 )
- Public Distributed Ledger
- Hash Encryption
- Proof of Work
- Mining
4. Other fields that use Blockchain ( 12:57 )

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Simplilearn’s Blockchain Certification Training has been designed for developers who want to decipher the global craze surrounding Blockchain, Bitcoin and cryptocurrencies. You’ll learn the core structure and technical mechanisms of Bitcoin, Ethereum, Hyperledger and Multichain Blockchain platforms, use the latest tools to build Blockchain applications, set up your own private Blockchain, deploy smart contracts on Ethereum and gain practical experience with real-world projects.

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[jjc]

Great video. Short enough to watch quickly, but detailed enough to get some good info and understanding. Thanks!

[PreetiYadav-zsdb]

Thanku 🙏🏼 for clearing the doubt I had!!! I liked it!!❤️

[andyhadipratama]

Thanks. You makes it easier to understand

[MsCharSui]

thank you so much. This was very helpful. I love the illustrations

[jenniferlarson]

Very interesting....I'd love to learn more about the Blockchain career guide. Thanks!

[rkslounge]

Thank you so much! Also, where can we experiment that example of mining you showed at the end?

[IrfanAli-bsnm]

if it is decentralized then who is controlling that it can't e produced more than this limit?

[antonyrajeshsingh]

Please increase your sound.difficult to understand

[roshanakmanesh]

I really need this video's subtitle. can anybody help me out? Is there any way to find it in transcript? Need it for a deaf person. I would really appreciate your help.

[ImFatdaddy]

Thank you! Great video that is easy to follow!