This surely is not an "easy to understande video". First, the speaker rattles way to fast to follow even for a qualified English speaker. Second, it really does not explain clearly and understandably for an average, non-IT person what blockchain is, how it functions and why.
@Neven I understood it. Also, RU-vid videos have the option to slow down audio now, so voices speak slower. This option has been around for quite awhile. You should try it :> On mobile to the right on the screen, click the vertical 3 dots, then "Playback Speed". *Done!!!! You are welcome!!!!!!!! lol!!*
Here's an easy to understand blockchain video that is much shorter than the epic long 24 minute saga posted by Brit Cruise, and it's much shorter too! ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-SSo_EIwHSd4.html
The fact that we are using fax machines as a metaphor for this speaks volumes. Fax machines have been rendered obsolete. If you mistakenly fax something, you couldn't take it back. Blockchain is the same. This is not easy to understand and I don't know if I want to.
Block chain technology was originally designed in the early 90's to create a tamper-proof digital timestamp for documents. Blockchain technology was USED by "Satoshi Nakamoto" to devise the first block chain database.
BTC for $75K by end of this year& Control of The Currency is already Decentralised And now the China disruption would simply Decentralise the Mining setup for the better
Security, no one talks about security. The moment you say verifiable, some is capable to hack it. That's why we have platforms in place which brings liability. Blockchain to me is weak in liability, I don't wanna do my banking like torrent or bitcoin.
