What is Blockchain Technology?

An episode of the Collective Shift podcast, hosted by Collective Shift, titled "What is Blockchain Technology?" was published on April 30, 2023 and runs 5 minutes.

April 30, 2023 ·5m · Collective Shift

0:00 / 0:00

Summary

Blockchain technology has paved the way for cryptocurrencies to flourish, however, do we really appreciate this monumental shift in distributed ledger technology or it's no big deal? In this guide by Collective Shift. We explore what blockchain technology is, what the big deal is and briefly, blockchains and their consensus mechanisms. Beginner Question Do you think we can have cryptocurrencies without the blockchain? Collective Shift Resource: What is Blockchain Technology? Timestamps: 0...

Episode Description

Blockchain technology has paved the way for cryptocurrencies to flourish, however, do we really appreciate this monumental shift in distributed ledger technology or it's no big deal?

In this guide by Collective Shift. We explore what blockchain technology is, what the big deal is and briefly, blockchains and their consensus mechanisms.

Beginner Question

Do you think we can have cryptocurrencies without the blockchain?

Collective Shift Resource:

What is Blockchain Technology?

Timestamps:

00:00 What is Blockchain?

00:55 Blockhains

01:37 Blockchain Vs Crypto

02:30 Whats the big deal?

03:27 Data Ownership

03:55 Transparency

04:18 Conensus

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