Blockchain In 7 Minutes | What Is Blockchain | Blockchain Explained|How Blockchain Works|Simplilearn
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This Blockchain video will help you understand what led to the creation of Blockchain, what Blockchain is, how a Bitcoin transaction works, how Blockchain plays an integral role in it with feartures like hash encryption, proof of work and mining and how Blockchain technology is used in real life scenarios. Now, let’s dive into this video and understand the basics of Blockchain and How Blockchain works
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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.
Why learn Blockchain?
Blockchain technology is the brainchild of Satoshi Nakamoto, which enables digital information to be distributed. A network of computing nodes makes up the Blockchain. Durability, robustness, success rate, transparency, incorruptibility are some of the enticing characteristics of Blockchain. By design, Blockchain is a decentralized technology which is used by a global network of the computer to manage Bitcoin transactions easily. Many new business applications will result in the usage of Blockchain such as Crowdfunding, smart contracts, supply chain auditing, etc.
This Blockchain Certification course offers a hands-on training covering relevant topics in cryptocurrency and the wider Blockchain space. From a technological standpoint, you will develop a strong grasp of core Blockchain platforms, understand what Bitcoin is and how it works, learn key vocabulary and concepts commonly used when discussing Blockchain and understand why engineers are motivated to create an app with Ethereum.
After completing this course, you will be able to:
1. Apply Bitcoin and Blockchain concepts in business situations
2. Build compelling Blockchain applications using the Ethereum Blockchain
3. Design, test and deploy secure Smart Contracts
4. Use the latest version of Ethereum development tools (Web3 v1.0)
5. Develop Hyperledger Blockchain applications using Composer Framework
6. Model the Blockchain applications using Composer modeling language
7. Develop front-end (client) applications using Composer API
8. Leverage Composer REST Server to design a web-based Blockchain solution
9. Design Hyperledger Fabric Composer Business Network 10.
10. Understand the true purpose and capabilities of Ethereum and Solidity
The Blockchain Certification Training Course is recommended for:
2. Technologists interested in learning Ethereum, Hyperledger and Blockchain
3. Technology architects wanting to expand their skills to Blockchain technology
4. Professionals curious to learn how Blockchain technology can change the way we do business
5. Entrepreneurs with technology background interested in realizing their business ideas on the Blockchain
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A- PUBLIC DISTRIBUTED LEDGER
This Technology can be use in our India for Fair and Transparent Election
Hash encryption…….Thanks so much
Impressive video, Mrs Nora Hendrix is legit and her method works like magic I keep on earning every single week with her new strategy.
proof of work
The answer to the question is D. Hash encryption
Great explanation.. 👌👌
Does this mean anyone can know how much bitcoin anyone has? You can't change it but you can view it.
just a public service announcement that cryptocurrency is haram for my fellow muslim brothers and sisters
watched this on 2019, still watching it now
So everybody knows what everybody has in wealth?
What kind of complex mathematical problem does a miner have to solve? Is it arbitrary just to acquire proof of work or does it relate to anything that you have explained?
Public distributed ledger is the right answer
Appreciate tje way you teach, really impressive, Stay Blessed
Million dollar dinner 😂
Rewarded with 12.5 bitcoins? I wish 😂😂😂
Trading has not been going well with me, I have invested a lot of time and failed, I traded on my own but each time I keep losing money, I don't have good strategies towards the market
6 BC must of been an expensive meal🤣
Is the answer a? Best video on you tube around block chain.
Nice video! I was able to build a big income stream during the covid-19 pandemic investing with a professional broker, Mrs Tracy Clack
Answer should be option a public ledger
Great video, subscribed already😉👍
thanks a lot for this explanation. Are you familiar with algorithmic trading? mercor is using that tecnique in trading and it is very profitable.
Damn what did they eat to have to send that much money
"Technical issues at the bank" as opposed to technical issues where your wallet is stored. Bad example.
So that's what is mining for. I've always wandered if it just free money for just doing nothing at all
Proof of Work.
Jack I'll take that 11 Bitcoin. Thanks
Definitely worthy of a new subscriber!!!!
That was one heck of a dinner. Nice video. Thanks for making and sharing it!