What does “Immutable” mean? - Crypto in Plain English - Episode 149 - by cryptohunt.it
Crypto in Plain English - by cryptohunt.it22 Huhti 2022

What does “Immutable” mean? - Crypto in Plain English - Episode 149 - by cryptohunt.it

What does “Immutable” mean?

Welcome to the cryptohunt jam where we spend one minute a day to explain crypto. In plain english.

Are you also tired of hearing those technical, hard to understand terms that blockchain insiders use all the time? So are we. And one of those often mentioned terms is “immutable”. Insiders will say things like: a blockchain is a so-called “immutable ledger”.

But don’t get frustrated. It’s very easy to translate: Immutable just means that something can not be changed.

Think of blockchains like a transaction history that is saved on thousands of computers. Because of that, and because blockchains have mechanisms in place to prevent bad actors from altering them, they are essentially unchangeable.

This means: You can see every single thing that ever happened, and you can trust that the information is correct. Refreshing in times where we seemingly can’t agree on all that many things these days, isn’t it?

And why don’t crypto insiders just say “unchangeable”? Beats us too. Maybe it makes them feel smarter. But don’t be frustrated – a lot of the tech talk is easier to understand than it seems, and we are here to teach you. One building block at a time!

Disclaimer: This podcast references our opinion and is for information purposes only. It is not intended to be investment advice. Do your own research and seek a duly licensed professional for investment advice.

Jaksot(373)

This new type of supercomputer will eventually break Bitcoin... and all kinds of other technology - Episode 341 - by cryptohunt.it

This new type of supercomputer will eventually break Bitcoin... and all kinds of other technology - Episode 341 - by cryptohunt.it

This new type of supercomputer will eventually break Bitcoin... and all kinds of other technology Welcome to the Cryptohunt Jam, where we spend a minute a day explaining what is happening in crypto an...

19 Tammi 20233min

Can Sam Bankman-Fried actually get a fair trial? - Episode 340 - by cryptohunt.it

Can Sam Bankman-Fried actually get a fair trial? - Episode 340 - by cryptohunt.it

Can Sam Bankman-Fried actually get a fair trial? Welcome to the Cryptohunt Jam, where we spend a minute a day explaining what is happening in crypto and other game-changing ideas. As always: In plain ...

18 Tammi 20232min

Amazon and Avalanche team up - Episode 339 - by cryptohunt.it

Amazon and Avalanche team up - Episode 339 - by cryptohunt.it

Amazon and Avalanche team up Welcome to the Cryptohunt Jam, where we spend a minute a day explaining what is happening in crypto and other game-changing ideas. As always: In plain English. AVAX, the c...

17 Tammi 20233min

SBF is blogging now - Episode 338 - by cryptohunt.it

SBF is blogging now - Episode 338 - by cryptohunt.it

SBF is blogging now It’s Monday, Jan 16th - Welcome to the Cryptohunt Jam, where we spend a minute a day explaining what is happening in crypto and other game-changing ideas. As always: In plain Engli...

16 Tammi 20233min

McDonalds is hungry for NFT attention - Episode 337 - by cryptohunt.it

McDonalds is hungry for NFT attention - Episode 337 - by cryptohunt.it

McDonalds is hungry for NFT attention It’s Friday, Jan 13th - Welcome to the Cryptohunt Jam, where we spend a minute a day explaining the intersection of exciting new technologies and your world. As a...

13 Tammi 20233min

What does Netflix have to do with NFTs? - Episode 336 - by cryptohunt.it

What does Netflix have to do with NFTs? - Episode 336 - by cryptohunt.it

What does Netflix have to do with NFTs? It’s Thursday, Jan 12th - Welcome to the Cryptohunt Jam, where we spend a minute a day explaining the intersection of exciting new technologies and your world. ...

12 Tammi 20233min

What's next for ChatGPT? - Episode 335 - by cryptohunt.it

What's next for ChatGPT? - Episode 335 - by cryptohunt.it

What's next for ChatGPT? It’s Wednesday, Jan 11th - Welcome to the Cryptohunt Jam, where we spend a minute a day explaining the intersection of exciting new technologies and your world. As always: In ...

11 Tammi 20233min

What is the Bonk token - Episode 334 - by cryptohunt.it

What is the Bonk token - Episode 334 - by cryptohunt.it

What is the Bonk token It’s Tuesday, Jan 10th - Welcome to the Cryptohunt Jam, where we spend a minute a day explaining the intersection of exciting new technologies and your world. As always: In plai...

10 Tammi 20232min

Suosittua kategoriassa Liike-elämä ja talous

sijotuskasti
mimmit-sijoittaa
psykopodiaa-podcast
rss-rahapodi
ostan-asuntoja-podcast
rss-rahamania
rahapuhetta
rss-laakispodi
rss-sisalto-kuntoon
herrasmieshakkerit
rss-lahtijat
rss-bisnesta-bebeja
rss-seuraava-potilas
inderespodi
rss-sami-miettinen-neuvottelija
leadcast
timanttia-hiomassa
rss-kohti-unelmia
rss-juurisyy-johtamisesta-kilpailuetua
rss-porssipodi