▶ Coinbase Website: Coinbase.com
▶ CEX Website: cex.io
You have one block. And then another one. And another. They’re linked forever in an unbreakable chain. Each one has been embedded with data that cannot be rewritten after the fact. But see how easily I can just remove this one block and break that chain? What can we use it for? Why hasn’t it been possible before and what exactly do we mean by consensus? Let’s find out.
Sections in this video
0:00 Intro – hello, blockchain
1:30 A recap of crypto and an intro to blockchain
5:04 Decision-making on the blockchain: consensus mechanisms
5:33 The history of blockchain
7:11 Byzantine General’s Problem
8:58 Public and private blockchains
10:03 The future of blockchain
11:25 There you have it!
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▶ Coinbase Website: Coinbase.com
▶ CEX Website: cex.io
Youtube version
