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0 Views· 27 August 2022

15 Things You Didn’t Know About BLOCKCHAIN

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In this Alux.com video we will be answering the following questions:
What is Blockchain?
What exactly is Blockchain?
How does a block chain work?
What is Blockchain used for?
How do I open a block chain account?
Can Blockchain be hacked?
What is Blockchain example?
Who is the owner of Blockchain?
Is Blockchain the future?
Who invented Blockchain?
Will Blockchain fail?
Why do banks use Blockchain?
How do Blockchain companies make money?
How do I withdraw money from Blockchain?
Is Blockchain a safe wallet?
Can I invest in Blockchain?
What is Blockchain in simple words?
What companies use Blockchain?
Who uses Blockchain today?
Why is Blockchain so hard?
What is a 51% attack?
Can Bitcoin be stolen?
Can I buy Bitcoin on Blockchain?
How do I verify Blockchain?
How can I create my own Blockchain?
How do I fund my Blockchain wallet?
How can I earn free Bitcoins?
How Blockchain can be used in banking?
Is Blockchain a software?

____________
00:00 - Intro
01:05 - Satoshi Nakamoto, the inventor of Bitcoin, is not the inventor of Blockchain
01:40 - Blockchain is the best bookkeeper that’s ever been created
02:33 - Blockchain is being used to create digital IDs for people
03:26 - Luxury brands love blockchain
04:36 - Blockchain is the future of storing value
05:18 - TLess than 1% of the population currently uses blockchain
06:01 - Blockchain leaves corruption with nowhere to hide
07:08 - Blockchain will facilitate the Internet of Things revolution
07:57 - Decentralized autonomous companies & smart contracts will be the norm
09:02 - Experts think the price of bitcoin will hit 100K in the next 24 months
10:13 - Blockchain could make election fraud a thing of the past
11:00 - The global crypto market is worth over $500 Billion
11:41 - A blockchain node is orbiting the Earth
12:29 - In developed countries you can pay your taxes via Bitcoin and other cryptocurrencies
13:03 - Money on Mars will be on Blockchain instead of paper
13:33 - Question
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