Blockchain Structure in Bitcoin | Blockchain Structure | Blockchain Tutorial Part-4 | Intellipaat
21🔵 Intellipaat's Blockchain Certification Training Course - https://intellipaat.com/blockchain-training-course/
This video “Blockchain Structure in Bitcoin” is a continuation of the Blockchain lessons you have had so far. In this video, you will learn what will happen if we don't have databases and how Blockchain has evolved. Further, you will learn about Blockchain and Distributed Ledger Technology, Blockchain Structure, Blockchain Structure in Bitcoin Blockchain and Cryptography Algorithms.
🔵 What is Distributed Ledger Technology?
The term Distributed Ledger Technology (DLT) refers to the technological architecture and protocols that enable immutable simultaneous access, validation, and record updating over a network that spans several entities or areas.
DLT, also known as blockchain technology, was introduced by Bitcoin and is now a technological buzzword due to its potential across businesses and sectors. In a nutshell, the DLT is based on the concept of a "decentralised" network as opposed to the traditional "centralised" method, and it is expected to have far-reaching ramifications for industries and entities that have long relied on a trusted third party.
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🔵 Following topics will be covered in this session:
00:00 - Introduction
0:52 - Database Overview
1:53 - How Blockchain started
6:06 - Blockchain and Distributed Ledger Technology
10:37 - Distributed Ledger Technology (D.L.T)
16:42 - Blockchain Structure
25:36 - Blockchain Ecosystem
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