Blockchains, Simply Explained - Video
(Yes, it's like a ledger book)
In this video, I talked about how blockchain works, using a ledger book as an example to simplify the explanation of blockchain with the similarities between them. I also covered how to use a blockchain explorer to trace transactions publicly and other benefits of using a blockchain.
Article format [Old]:
Blockchain, Simply Explained
THIS is a ledger book. Today I’m going to use a ledger book to explain how blockchain works. Let’s start by explaining how you would use a ledger book to record your transactions in your daily life. In each transaction row, the simplest & most common data you record are the date of transaction, the items/service that you purchased/sold & the respective a…
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