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  • Hey all, just changed over the backend after 15 years I figured time to give it a bit of an update, its probably gonna be a bit weird for most of you and i am sure there is a few bugs to work out but it should kinda work the same as before... hopefully :)

Video - Bitcoin and blockchains explained so that anyone can understand them

Karim D. Ghantous

Karim D. Ghantous

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This is the best explanation of how blockchains work. And so far, it has been the only one that I would share with others. It's so good that I'm going to go through it all again, just to refresh my knowledge. It's a lesson in how to teach and explain seemingly complicated technical subject matter.

Part 1:

(17:49)

Part 2:

(8:53)
 
To put the viseo short: Bitcoin and blockchains can be confusing topics, even for those familiar with finance. But the underlying technology behind both is simple enough. A blockchain is a digital ledger which records the history of all transactions, which are constantly being updated and verified. Bitcoin is a cryptocurrency that is built on top of a blockchain. Essentially, it is a digital cash system that allows people to send money directly to others without the need for banks or financial intermediaries.

By understanding the basics of Bitcoin and blockchains, investors can capitalize on opportunities that digital currencies can provide. For instance, with Bitcoin, investors can purchase goods and services more securely and easily transfer funds across the world. Furthermore, it is also possible to use digital currencies for investment speculation

Here is where the 3Commas platform helps investors make the best of paper trading and grow their crypto investments. This feature-rich terminal helps users track and automate their cryptocurrency investments, make smarter trades and develop their trading skills without risking real capital using SmartTrade and SmartSell features. To learn more about bot trading please refer to this link: https://3commas.io/blog/best-crypto-trading-tool. Ultimately, understanding how blockchains and Bitcoin works can help investors of all levels make informed decisions. With the financial sector going digital, investors can take advantage of the opportunities that come with using Bitcoin and other digital currencies.
 
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