Blockchain Tutorial For Beginners - 1 | Blockchain Technology | Blockchain Tutorial | Simplilearn
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This Blockchain tutorial video will help you understand what is Blockchain, the Bitcoin story, features of Blockchain which includes public distributed ledger, hash encryption, proof of work, mining and at the end you will also see a use case on how banks are using Blockchain in validating user identities. A blockchain is a digitized, decentralized, public ledger of Bitcoin transactions. The technology verifies transactions and creates a “chain” of blocks of data including a timestamp that is linked to other blocks so that a block can’t be changed. In simple words, Blockchain is a list of records (blocks) which stores data publicly and in chronological order and mining is the process of adding a block to the Blockchain. Now, let us get started and understand what is Blockchain and its features.
Below topics are explained in this Blockchain tutorial:
1. What is Blockchain? ( 03:07 )
2. The Bitcoin story ( 04:43 )
3. Features of Blockchain ( 06:48 )
Public distributed ledger
Hash encryption
Proof of work
Mining
4. Use case: Blockchain and banks ( 19:48 )
Blockchain Tutorial Part - 2 : • Blockchain Tutorial For Beginners - 2...
Click the below link to get the code implemented in the demo:
https://github.com/pjai30/KYC
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You can also go through the Slides here: https://goo.gl/J2vNsh
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