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Blockchain Explained | How Does A Blockchain Work | Blockchain Explained Simply | Simplilearn

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This "Blockchain Explained" video will help you understand what is Blockchain, what is Bitcoin, features of Blockchain which includes public distributed ledger, hash encryption, proof of work, mining and will also talk about the fields that use Bitcoin. Bitcoin is a decentralized, digital currency. Bitcoins were created as an incentive for processing payments, in which users can offer their power of computing for verifying and recording payments that go into public ledgers. The blockchain of bitcoin enables verification of transactions anytime, anywhere. However, for Bitcoin to succeed, people should gain a deeper understanding of the ways in which Bitcoin works, without letting their preconceived notions distort the digital currency concept. This Blockchain tutorial is designed for such beginners to give them a deep knowledge on how Blockchain and Bitcoin works. Now, lets deep dive into this video to understand what Blockchain actually is.

Below topics are explained in this Blockchain tutorial:

1. What is Blockchain? ( 03:41 )
2. What is Bitcoin? ( 04:47 )
3. Features of Blockchain - ( 06:13 )
- Public Distributed Ledger
- Hash Encryption
- Proof of Work
- Mining
4. Other fields that use Blockchain ( 12:57 )

To learn more about Blockchain, subscribe to our YouTube channel: https://www.youtube.com/user/Simplilearn?sub_confirmation=1

Watch more videos on Blockchain: https://www.youtube.com/playlist?list=PLEiEAq2VkUUKmhU6SO2P73pTdMZnHOsDB

#Whatisblockchain #Blockchain #Blockchaintutorial #Bitcoin #Blockchainonlinetraining #Blockchainforbeginners #BlockchainTechnology #Simplilearn

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, Internet of Things(IoT), 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. Hands-on exercises and projects will give you practical experience in real-world Blockchain development scenarios.

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
11. See practical examples of Blockchain and mining

The Blockchain Certification Training Course is recommended for:

1. Developers
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

Learn more at: https://www.simplilearn.com/blockchain-certification-training?utm_campaign=Blockchain-Explained-pTLlPUhcKCQ&utm_medium=Tutorials&utm_source=youtube

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