Blockchain, how it works, and the features of blockchain - My entry to Vlogger Quest
3
About :
this video as an entry to one of the leofinance zealy quest which is requestijg of us to
make a video on the topic "blockchain".
Blockchain is simply a shared database that is responsible for recording and
and enhancing the process of recording transactions process.
In this video, I spoke about some of the feautures of blockchain newtork
which includes the following;
Blockchain is immutable: this indicates that the information or
data that is stored or recorded on a blockchain metwork cannot be
altered or deleted.
Also, blockchain is decentralized. This inidctaes that everyone
on a blockchain metwork has equal access in controlling or regulating
tge network. In decisin making, the views and opinions of everyone is taken
into consideration.
Lastly, blockchain network is transparent. Blockchain network
is a place where nothing can be hidden from other users.
Everything including the transactions performed on a blockchain
network is visible and acessible to every user on the platform.
I would like to end here and I urge that you guys watch this video
to undestand more and better about blockchain metwork and how it works.
Thank you all for watching this video. I am hoping to see you guys again
in my subsequeent video. Have a nice day everyone.
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