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

Disclaimer: We are not financial advisors. All opinions expressed by Collective Shift representatives and/or guest/s in this podcast are intended for informational purposes only and should not be treated as investment or financial advice of any kind. Any information provided during the video is general in nature and does not consider viewers' specific circumstances. Please see https://collectiveshift.io/important-information/ for more details.