Tag: cryptocurrency

Blockchain 101: A visual demo

Blockchain 101: A visual demo

Good teachers are rare, so when you find one, cherish him or her.

Anders Brownworth is an exemplar teacher. I found this tutorial by his hand on what constitutes a blockchain, and it is by far the best explanation of the concept(s) I have seen this far.

Anders breaks down the material for total newbies, explaining one concept at a time. You are taken from a hash, to a block, to a blockchain, to distribution, tokens, and a coinbase.

Great work Anders, and too good of a resource not to share!

Now, hold on to your hat, as you can access this blockchain application yourself and play around with the concepts like Anders does in the video.

Via https://andersbrownworth.com/blockchain/hash

Cryptocurrency and Blockchain explained by 3Blue1Brown

Cryptocurrency and Blockchain explained by 3Blue1Brown

Grant Sanderson is the owner of YouTube channel 3Blue1Brown, which aims to explain math and stats concepts in an entertaining way. Using animations, Grant grasps difficult problems and explains them in understandable language. I was already familiar with the great explanatory videos on Linear Algebra and Neural Networks, but this new video on cryptocurrencies and blockchain (below) is definitely one of the best explanations of Bitcoin I’ve seen so far: