This is a video on “What is Blockchain”. Chapters: 00:00 – Introduction 00:33 – What is a Blockchain? 00:42 – Benefit of blockchain? 01:45 – What makes a block? 01:53 – What is a Hash?? 03:00 – What is encryption? 03:53 -What is decentralization? 04:23 -What is Node? 05:26 -What is the benefit of a decentralized system? 06:12 – How a blockchain transaction goes through? 06:32 -What are miners? 06:32 -What is proof of work? 06:52 – What is the mining process? 07:17 – Conclusion In this video tutorial, we will discuss what is blockchain, its benefits, what is block, hash, encryption, node, security of blockchain, decentralization and its benefits, Nide, miners and proof of work and mining process, etc. (Explained in detail in the video) A blockchain is like a storehouse that stores all the transaction data and information electronically in the form of blocks. The idea behind blockchain …
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