Blockchain In 7 Minutes _ What Is Blockchain _ Blockchain Explained_How Blockchain Works_Simplilearn
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Transcript
00:00By the way, is there an easier way to fill out the form without having to deal with the online system and the 3rd method?
00:09Blockchain
00:10This is what you need to know about the 4 new blockchains that Jack, Ted, Sam and Pheo will show you this afternoon.
00:19After all of you have filled out this form,
00:22you have completed the process of filling out the form.
00:25According to the online system,
00:29this number has been limited due to the lack of information about the country and the 3rd method,
00:35but your number has not been limited.
00:38The number of people who have filled out a number in their country
00:43is based on the number of people who have filled out a number in their country.
00:58Cryptocurrency, Cryptocurrencies, Blockchain, Blockchain, Cryptocurrencies
01:13Cryptocurrencies Litecoin, Ethereum, Zcash, Bitcoin
01:25Now, please go back to our previous conversation
01:28and have a look at the 2-bit coins that were collected by them in the afternoon the night before.
01:44Cryptocurrency
01:55This form also has the number of bitcoins that are limited due to the change of Pheo.
02:01Jack has 5 bitcoins while Pheo has 1.
02:05Now, Sam and Ted have 2 bitcoins to share.
02:08A new form must be created for this form.
02:12This form has information about the total number of bitcoins.
02:16Sam, Ted and Jack who want to keep this form,
02:19must be together when filling out a long-term loan from the previous form
02:23for the number of bitcoins that exceed the limit.
02:26As a rule of thumb,
02:28this form must be called a ledger,
02:30and this ledger must be distributed among all the bitcoins
02:33that are listed as a ledger that has been distributed in this form
02:36to create a blockchain platform.
02:38So, what happens when Pheo has only one bitcoin
02:41and he tries to buy 2 more bitcoins?
02:45This number will not be limited because his bitcoin has a ledger
02:50and it is clear that Pheo still has 1 bitcoin left.
02:53His bitcoin will be listed as a number that not only has to be hacked
02:57but also has to be exchanged in the blockchain
03:00because this user has a ledger.
03:27Thank you for watching.
03:57For this form,
03:59it must be encrypted using the encryption method
04:02and Pheo's password must be created
04:04in order to enter the digital currency
04:06and show that the number there is 0.2.
04:10Now, this ledger must be stored in a wallet
04:13with Jack's password.
04:16The number can only be decrypted
04:18by Jack's password
04:20that only has Jack
04:21that has a certain cryptocurrency
04:23using a certain hashing algorithm.
04:25The bitcoin has a hash rate of 255.
04:29Ethereum, which is $1.31,
04:32uses a hash rate that is estimated
04:34to be this number
04:35and the total number of coins
04:37around this number
04:39must be created
04:41and then added
04:43according to the hash rate.
04:45The person who creates this hash rate
04:47must be called a hacker
04:49in order for a hacker to have a hash rate
04:51and add it to the hash rate
04:53The person who creates this hash rate
04:55must be called a hacker
04:57in order for a hacker to have a hash rate
04:59and add it to the hash rate
05:02The person who creates this hash rate
05:04must be called a hacker
05:06in order for a hacker
05:08to have a hash rate
05:10and add it to the hash rate
05:12The person who creates this hash rate
05:14must be called a hacker
05:16in order for a hacker
05:18to have a hash rate
05:20and add it to the hash rate
05:22Ledger B Proof of Work
05:24C Proof of Stake
05:26D Hash Encryption
05:28Ledger B Proof of Work
05:30C Proof of Stake
05:32D Hash Encryption
05:34Ledger B Proof of Work
05:36C Proof of Stake
05:38D Hash Encryption
05:40Ledger B Proof of Work
05:42C Proof of Stake
05:44D Hash Encryption
05:46Ledger B Proof of Work
05:48C Proof of Stake
05:50Walmart blockchain
05:52Walmart blockchain
05:54Walmart blockchain
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