Blockchain And Cryptocurrency Explained In 10 Minutes | Blockchain And Cryptocurrency | Simplilearn

Поділитися
Вставка
  • Опубліковано 16 лис 2024

КОМЕНТАРІ • 47

  • @SimplilearnOfficial
    @SimplilearnOfficial  7 місяців тому +2

    🔥Professional Certificate Program in Blockchain by IIT Kanpur (India Only) - www.simplilearn.com/blockchain-certification-training-course?MFw8Ax0p7dA&Comments&UA-cam

  • @janukashehan
    @janukashehan Рік тому +5

    4:27 it tells that the transaction is transmitted using Jack's public key. Should it not be Phil's public key? Or why Phil's public key is not used anywhere?

  • @MyThetruth101
    @MyThetruth101 2 роки тому +13

    For the second question, don't different crypto currencies use different hashing algorithms?? You mentioned earlier that bitcoin uses SHA256 but Ethereum uses Ethash.

    • @SimplilearnOfficial
      @SimplilearnOfficial  2 роки тому

      """Hello! You're absolutely right!. The answer is C - SHA256
      SHA256 is the hashing algorithm used by cryptocurrency because it is computationally efficient and produces a fixed length of out for any random input which makes it difficult to crack as well as it is the integral part of crypto mining because majority of Blockchain network works on Proof-of-Work."

  • @TheCryptoBook
    @TheCryptoBook Рік тому +6

    simply explained loved it!

    • @SimplilearnOfficial
      @SimplilearnOfficial  Рік тому

      Your satisfaction is our top priority, and we're thrilled to hear that you had a positive learning experience with us! If you're interested in pursuing additional learning opportunities, we encourage you to take a look at our other courses in the description box.

  • @ArunKumar-mi2iq
    @ArunKumar-mi2iq 2 роки тому +4

    1.Hash
    2.SHA256

    • @SimplilearnOfficial
      @SimplilearnOfficial  2 роки тому +1

      Thanks for watching our video and sharing your thoughts. Do subscribe to our channel and stay tuned for more. Cheers!

  • @atozofireland1661
    @atozofireland1661 2 роки тому +2

    Option # Encryption

    • @SimplilearnOfficial
      @SimplilearnOfficial  2 роки тому +4

      "Sorry, The correct answer is C - SHA256
      SHA256 is the hashing algorithm used by cryptocurrency because it is computationally efficient and produces a fixed length of out for any random input which makes it difficult to crack as well as it is the integral part of crypto mining because majority of Blockchain network works on Proof-of-Work."

  • @jacksonmwankenja
    @jacksonmwankenja 5 місяців тому

    Proof of Work

  • @SaveTheHedgehog
    @SaveTheHedgehog 2 роки тому +36

    That was an really expensive dinner they've got 😃 they better enjoyed it 😂

    • @SimplilearnOfficial
      @SimplilearnOfficial  2 роки тому +1

      Thanks for watching our video and sharing your thoughts. Do subscribe to our channel and stay tuned for more. Cheers!

  • @mikeprots3406
    @mikeprots3406 Рік тому

    Can you make video about affiliate marketing?

    • @SimplilearnOfficial
      @SimplilearnOfficial  Рік тому

      Hi, we already have a video on affiliate marketing on our channel. You can search for it there in our Ditgital Marketing playlist/category.

  • @КириллЛитвинов-н7ш
    @КириллЛитвинов-н7ш 2 роки тому +2

    very interesting video

    • @SimplilearnOfficial
      @SimplilearnOfficial  2 роки тому

      Hello thank you for watching our video .We are glad that we could help you in your learning !

  • @thimmee.948
    @thimmee.948 Рік тому

    Prove of work .

  • @bibaswanbasu8883
    @bibaswanbasu8883 11 місяців тому +1

    A. Public distributed ledger

  • @danieltarran8370
    @danieltarran8370 5 місяців тому

    What is the best strategy to enter crypto trading now for someone with more or less than $2k

  • @Chandrakalaramachandran-i9e
    @Chandrakalaramachandran-i9e Рік тому +1

    hash encryption

  • @suryareddy3618
    @suryareddy3618 2 роки тому +6

    Public distribution ledger

    • @SimplilearnOfficial
      @SimplilearnOfficial  2 роки тому +2

      "Hi, you got the right answer. Kudos.
      The contest is over and winners have been announced in our community and also mentioned in the top comment of the video as well. Thanks for your participation.
      Explanation:
      Answer: A (Public Distributed Ledger)
      The concept of public distributed ledger ensures that everyone on the Blockchain network has a copy of the ledger. Thus, no single person can make changes in the ledger as everyone else will flag this as invalid.
      "

  • @venkatabhinav4618
    @venkatabhinav4618 2 роки тому +3

    Public Distibuted Legder and SHA256

  • @apurvraj4205
    @apurvraj4205 Рік тому +4

    a.) Public Distributed ledger

    • @SimplilearnOfficial
      @SimplilearnOfficial  Рік тому

      Your satisfaction is our top priority, and we're thrilled to hear that you had a positive learning experience with us! If you're interested in pursuing additional learning opportunities, we encourage you to take a look at certification courses in the description box.

  • @mssmunira3371
    @mssmunira3371 2 роки тому +1

    Good

    • @SimplilearnOfficial
      @SimplilearnOfficial  2 роки тому

      Hello thank you for watching our video .We are glad that we could help you in your learning !

  • @globalicon1222
    @globalicon1222 2 роки тому +1

    Thank You. Quit enlightening.
    #Bitcoin
    #TheSpeedSterToken
    #Altseason2022

    • @SimplilearnOfficial
      @SimplilearnOfficial  2 роки тому

      Keep learning with us .Stay connected with our channel and team :) . Do subscribe the channel for more updates : )

  • @vssaye
    @vssaye 2 роки тому +1

    # Encryptio

    • @SimplilearnOfficial
      @SimplilearnOfficial  2 роки тому

      Thanks for watching our video and sharing your thoughts. Do subscribe to our channel and stay tuned for more. Cheers!

  • @siddharthaborpuzari9000
    @siddharthaborpuzari9000 2 роки тому +1

    A

    • @SimplilearnOfficial
      @SimplilearnOfficial  2 роки тому +1

      "Hi, you got the right answer. Kudos.
      The contest is over and winners have been announced in our community and also mentioned in the top comment of the video as well. Thanks for your participation.
      Explanation:
      Answer: A (Public Distributed Ledger)
      The concept of public distributed ledger ensures that everyone on the Blockchain network has a copy of the ledger. Thus, no single person can make changes in the ledger as everyone else will flag this as invalid.
      "

  • @nguyentruong904
    @nguyentruong904 2 роки тому +1

    Got a Question on this topic?

  • @IDontThinkSooo
    @IDontThinkSooo 2 роки тому +1

    D

    • @SimplilearnOfficial
      @SimplilearnOfficial  2 роки тому

      "Sorry, The correct answer is C - SHA256
      SHA256 is the hashing algorithm used by cryptocurrency because it is computationally efficient and produces a fixed length of out for any random input which makes it difficult to crack as well as it is the integral part of crypto mining because majority of Blockchain network works on Proof-of-Work."

  • @yosey6568
    @yosey6568 2 роки тому +1

    First

    • @SimplilearnOfficial
      @SimplilearnOfficial  2 роки тому

      Keep learning with us .Stay connected with our channel and team :) . Do subscribe the channel for more updates : )

  • @johnstamatiadis6234
    @johnstamatiadis6234 2 роки тому +2

    Bitcoin is slow, not scalable, expensive and uses lots of energy. It's rubbish.

    • @SimplilearnOfficial
      @SimplilearnOfficial  2 роки тому

      Thanks for watching our video and sharing your thoughts. Do subscribe to our channel and stay tuned for more. Cheers!

  • @StackPapers
    @StackPapers 2 роки тому +1

    Answer to the question: SHA256

    • @SimplilearnOfficial
      @SimplilearnOfficial  2 роки тому +1

      """Hello! You're absolutely right!. The answer is C - SHA256
      SHA256 is the hashing algorithm used by cryptocurrency because it is computationally efficient and produces a fixed length of out for any random input which makes it difficult to crack as well as it is the integral part of crypto mining because majority of Blockchain network works on Proof-of-Work."