Don’t forget to take the quiz at 05:19!
Drop your email ids (so that we can contact you for the Amazon voucher) and what you think is the correct answer in the comments section below, to be one of 3 lucky winners who can win Amazon vouchers worth INR 500 or $10 (depending on your location). Hurry! Winners will be announced on March 11, 2019.
This Blockchain video will help you understand what led to the creation of Blockchain, what Blockchain is, how a Bitcoin transaction works, how Blockchain plays an integral role in it with feartures like hash encryption, proof of work and mining and how Blockchain technology is used in real life scenarios. Blockchain is a public distributed ledger for economic transactions worldwide. It is the world’s leading platform for digital assets. Dive into this budding world of digital currency with our comprehensive online Blockchain training course and learn everything you need to know about Blockchain technology: the pioneer of the digital assets. Now, let’s dive into this video and understand the basics of Blockchain.
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#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, 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.
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
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=What-is-Blockchain-yubzJw0uiE4&utm_medium=Tutorials&utm_source=youtube
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Hi everyone, exactly two weeks ago, we conducted a quiz contest in our Blockchain video. The answer to the quiz is given below:
Option: A
(Public Ledger)
The concept of public distributed ledger ensures that everyone on the blockchain network has a copy of the ledger. Thus, no single person can make changes in the ledger as everyone else will flag this as invalid.
Hash Encryption is not the right answer as this is used to maintain users' anonymity and verify their transactions' authenticity.
We are pleased to announce the 3 lucky winners who got the right answer for our quiz:
1. Dinesh
2. Noel Philip
3. Vaishnavi
Congratulations to all the winners! They've won an Amazon voucher worth INR 500.
Very clear explainations! Good.
Ans. d (hash encryption)
Option 4. -> Hash encryption
D
Amazing explanation… Really Loved It. Thank You!
Proof of work
Answer is A
Not sure but kind of sure
Hash encryption
Very good trading online
At last ,I got something about Blockchain
A public distributed ledger -> quiz @ 05:19
proof of work
Person A is trying to buy a TV on an E-Commerce, he ordered the thing from Seller B, Seller B then received the fund, sending the product to the E-Commerce, and then the E-Commerce go through the product making sure is not a hazard material, sends to the buyer. The buyer then receives it found out his TV found out the TV is shattered during shipping. Using BlockChain this can be solved to make sure each stage the product is in whatever condition to make sure the product is being handled to the customer in working condition.
Option A is the answer
if all government transactions are made using blockchain, it willl help curb the massive corruption in India..
Hash encryption
Can we use Blockchain in an online election process?
A
Hash encryption
It's answer is Hash Encryption. Please let me know whether I'm correct.
A Public Distributed Ledger
3:29–4:24 – PROCESS OF HOW TRANSFERRING OF CRYPTOCURRENCY FROM ONE PERSON TO ANOTHER IS DONE
The answer is: hashing
Hash encryption obviously…