What is Blockchain Technology?
- Author
- Collective Shift
- Published
- Sun 30 Apr 2023
- Episode Link
- None
Blockchain technology has paved the way for cryptocurrencies to flourish, however, do we really appreciate this monumental shift in distributed ledger technology or it's no big deal?
In this guide by Collective Shift. We explore what blockchain technology is, what the big deal is and briefly, blockchains and their consensus mechanisms.
Beginner Question
Do you think we can have cryptocurrencies without the blockchain?
Collective Shift Resource:
What is Blockchain Technology?
Timestamps:
00:00 What is Blockchain?
00:55 Blockhains
01:37 Blockchain Vs Crypto
02:30 Whats the big deal?
03:27 Data Ownership
03:55 Transparency
04:18 Conensus
