Bitcoin Explained in 5 Minutes | What Is Bitcoin ? | Introduction to Bitcoin | Simplilearn

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  • Опубликовано: 11 янв 2025

Комментарии • 40

  • @SimplilearnOfficial
    @SimplilearnOfficial  2 года назад +3

    🔥IITK - Professional Certificate Program in Blockchain (India Only) - www.simplilearn.com/blockchain-certification-training-course?Kf7wi8W8k7w&Comments&RUclips

  • @96iti
    @96iti Год назад +3

    This was an amazing introductory video on Bitcoin. Thanks to the team behind it.
    Also..answer would be B "Digital Ledger"

    • @SimplilearnOfficial
      @SimplilearnOfficial  Год назад +2

      "Congratulations, you got the right answer and are one of our 3 lucky winners of the contest. Please reply with your email ID to this comment to receive your Amazon gift voucher. The answer to the quiz is given below:
      The correct answer is Option B) Digital Ledger. Blockchain is the whole chain of Blocks where transactions are stored but these transactions are stored in the form of digital ledger in each of these blocks. In shorts, Blockchain is a collection of these transaction but they are stored in these blocks of Blockchain in the form of digital ledger."

  • @danieldas5108
    @danieldas5108 Год назад +1

    Thank you for explaining the concept very nicely.
    The answer is B) Digital Ledger

    • @SimplilearnOfficial
      @SimplilearnOfficial  Год назад

      "Congratulations, you got the right answer and are one of our 3 lucky winners of the contest. Please reply with your email ID to this comment to receive your Amazon gift voucher. The answer to the quiz is given below:
      The correct answer is Option B) Digital Ledger. Blockchain is the whole chain of Blocks where transactions are stored but these transactions are stored in the form of digital ledger in each of these blocks. In shorts, Blockchain is a collection of these transaction but they are stored in these blocks of Blockchain in the form of digital ledger."

  • @mananitadas9577
    @mananitadas9577 Год назад +3

    Option B. Digital Ledger is the correct answer.

    • @SimplilearnOfficial
      @SimplilearnOfficial  Год назад

      "Congratulations, you got the right answer and are one of our 3 lucky winners of the contest. Please reply with your email ID to this comment to receive your Amazon gift voucher. The answer to the quiz is given below:
      The correct answer is Option B) Digital Ledger. Blockchain is the whole chain of Blocks where transactions are stored but these transactions are stored in the form of digital ledger in each of these blocks. In shorts, Blockchain is a collection of these transaction but they are stored in these blocks of Blockchain in the form of digital ledger."

    • @mhedditch
      @mhedditch Год назад

      Sorry, a blockchain is a digital ledger. This is both a misleading question and your video explanation is incorrect. I recommend reading the Bitcoin white paper to understand what the blockchain truly is. The blockchain is not a series of connected computers on the bitcoin network.
      A blockchain is the digital ledger/record of all of the transactions of bitcoin. The blockchain is replicated across the computers in the bitcoin network.

    • @mhedditch
      @mhedditch Год назад

      *Correction: A blockchain is a digital record of transactions which are “chained” together to prevent the “double spending” or “Byzantine generals” problem.

  • @TheCryptoBook
    @TheCryptoBook Год назад +1

    Simple and clear loved it❤

  • @MarkFeragamo-iw3sm
    @MarkFeragamo-iw3sm 10 месяцев назад +2

    The main problem you cannot withdraw money. It is virtual.

  • @BriansWealthJourney
    @BriansWealthJourney 10 месяцев назад

    Almost no one from the Satoshi Era realized where Bitcoin is going. i'm glad to be invested in this asset and look forward to what it will do in 2024 and 2025. .

    • @jamezason
      @jamezason 9 месяцев назад +1

      What about what it will do beyond 2025?

    • @BriansWealthJourney
      @BriansWealthJourney 9 месяцев назад

      @@jamezason I believe regardless of market corrections, the price will continue to rise throughout this entire Bull run. The supply shock will be way to severe for the price to not continue to rise.

  • @thushani-c5m
    @thushani-c5m Год назад +2

    B) Digital Ledger.

    • @SimplilearnOfficial
      @SimplilearnOfficial  Год назад

      "Hello! You got it right. The correct answer is Option B) Digital Ledger
      Blockchain is the whole chain of Blocks where transactions are stored but these transactions are stored in the form of digital ledger in each of these blocks. In shorts, Blockchain is a collection of these transaction but they are stored in these blocks of Blockchain in the form of digital ledger."

  • @rishiraj2548
    @rishiraj2548 2 года назад +1

    Thanks

  • @chishibekabwe2120
    @chishibekabwe2120 2 года назад +2

    All transactions are stored as ledger inform of blocks with blockchain technology so the Answer is A.Blockchain

  • @munyanezagodfrey513
    @munyanezagodfrey513 8 месяцев назад

    Digital ledger ✍️🏾

    • @SimplilearnOfficial
      @SimplilearnOfficial  8 месяцев назад

      Hello! You got it right. The correct answer is Option B) Digital Ledger
      Blockchain is the whole chain of Blocks where transactions are stored but these transactions are stored in the form of digital ledger in each of these blocks. In shorts, Blockchain is a collection of these transaction but they are stored in these blocks of Blockchain in the form of digital ledger.

  • @hamidshakir9735
    @hamidshakir9735 Год назад +1

    Blockchain. because it is shared ledger.

    • @SimplilearnOfficial
      @SimplilearnOfficial  Год назад

      Sorry, the correct answer is option B) Digital Ledger. Blockchain is the whole chain of Blocks where transactions are stored but these transactions are stored in the form of digital ledger in each of these blocks. In shorts, Blockchain is a collection of these transaction but they are stored in these blocks of Blockchain in the form of digital ledger.

  • @warrenlee8291
    @warrenlee8291 2 года назад +1

    ANS: A) Blockchain

  • @janvibhoyar6513
    @janvibhoyar6513 2 года назад +2

    BLOCKCHAIN

  • @venturadeconte
    @venturadeconte 2 года назад +1

    A. Blockchain. Simply because it makes copies of the transaction which makes it difficult to be hack.

  • @onedayofliving1810
    @onedayofliving1810 Год назад

    Answer blockchain

  • @Naturally-dc1ik
    @Naturally-dc1ik Год назад +1

    Blockchain

    • @SimplilearnOfficial
      @SimplilearnOfficial  Год назад

      Sorry, the correct answer is option B) Digital Ledger. Blockchain is the whole chain of Blocks where transactions are stored but these transactions are stored in the form of digital ledger in each of these blocks. In shorts, Blockchain is a collection of these transaction but they are stored in these blocks of Blockchain in the form of digital ledger.

  • @mohaideenhambal
    @mohaideenhambal 2 года назад +1

    Answer is A .